Tyson Depreciation And Amortization vs Tax Provision Analysis

TSN Stock  USD 57.87  0.04  0.07%   
Tyson Foods financial indicator trend analysis is much more than just breaking down Tyson Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tyson Foods is a good investment. Please check the relationship between Tyson Foods Depreciation And Amortization and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tyson Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Tyson Stock, please use our How to Invest in Tyson Foods guide.

Depreciation And Amortization vs Tax Provision

Depreciation And Amortization vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tyson Foods Depreciation And Amortization account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tyson Foods' Depreciation And Amortization and Tax Provision is -0.35. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Tyson Foods, assuming nothing else is changed. The correlation between historical values of Tyson Foods' Depreciation And Amortization and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Tyson Foods are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Depreciation And Amortization i.e., Tyson Foods' Depreciation And Amortization and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Tyson Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tyson Foods current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tyson Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Tyson Stock, please use our How to Invest in Tyson Foods guide.At this time, Tyson Foods' Tax Provision is very stable compared to the past year. As of the 24th of December 2024, Enterprise Value is likely to grow to about 30.1 B, while Selling General Administrative is likely to drop about 1.3 B.
 2021 2022 2023 2024 (projected)
Total Revenue53.3B52.9B53.3B56.0B
Depreciation And Amortization1.2B1.3B1.4B1.5B

Tyson Foods fundamental ratios Correlations

0.920.910.770.970.950.850.940.490.990.820.490.940.440.930.930.87-0.420.970.910.360.90.930.850.790.78
0.920.80.720.810.80.980.770.250.950.630.260.770.440.970.750.73-0.30.980.720.490.960.770.890.750.52
0.910.80.680.930.880.70.940.590.890.870.590.850.140.790.870.83-0.640.840.880.280.750.840.730.590.86
0.770.720.680.750.730.680.710.310.760.430.320.790.520.640.740.66-0.250.750.710.730.70.760.850.780.54
0.970.810.930.750.980.720.990.570.950.880.580.960.360.830.960.88-0.520.890.950.290.80.950.770.720.89
0.950.80.880.730.980.710.960.540.920.870.540.960.410.810.980.83-0.490.880.950.310.750.970.710.750.89
0.850.980.70.680.720.710.680.060.890.490.060.680.410.940.660.62-0.250.930.60.540.950.680.880.70.41
0.940.770.940.710.990.960.680.570.920.890.570.920.250.780.940.84-0.640.850.920.280.750.910.740.650.9
0.490.250.590.310.570.540.060.570.40.761.00.580.190.310.560.64-0.280.370.72-0.190.180.540.20.370.62
0.990.950.890.760.950.920.890.920.40.780.40.90.420.950.880.84-0.420.980.860.390.940.90.880.770.74
0.820.630.870.430.880.870.490.890.760.780.760.80.150.690.850.79-0.560.720.88-0.070.570.810.490.540.89
0.490.260.590.320.580.540.060.571.00.40.760.580.190.310.560.64-0.280.370.72-0.180.180.540.20.370.63
0.940.770.850.790.960.960.680.920.580.90.80.580.540.790.980.88-0.350.870.970.330.730.990.710.820.83
0.440.440.140.520.360.410.410.250.190.420.150.190.540.470.450.330.410.50.460.260.430.520.430.840.07
0.930.970.790.640.830.810.940.780.310.950.690.310.790.470.770.77-0.250.980.760.30.960.790.860.760.56
0.930.750.870.740.960.980.660.940.560.880.850.560.980.450.770.85-0.430.840.970.280.690.980.680.770.87
0.870.730.830.660.880.830.620.840.640.840.790.640.880.330.770.85-0.30.820.90.140.720.860.690.650.77
-0.42-0.3-0.64-0.25-0.52-0.49-0.25-0.64-0.28-0.42-0.56-0.28-0.350.41-0.25-0.43-0.3-0.29-0.39-0.13-0.25-0.33-0.32-0.04-0.62
0.970.980.840.750.890.880.930.850.370.980.720.370.870.50.980.840.82-0.290.830.410.960.870.890.80.64
0.910.720.880.710.950.950.60.920.720.860.880.720.970.460.760.970.9-0.390.830.190.660.960.640.770.86
0.360.490.280.730.290.310.540.28-0.190.39-0.07-0.180.330.260.30.280.14-0.130.410.190.450.30.560.350.07
0.90.960.750.70.80.750.950.750.180.940.570.180.730.430.960.690.72-0.250.960.660.450.730.920.70.51
0.930.770.840.760.950.970.680.910.540.90.810.540.990.520.790.980.86-0.330.870.960.30.730.690.80.85
0.850.890.730.850.770.710.880.740.20.880.490.20.710.430.860.680.69-0.320.890.640.560.920.690.750.47
0.790.750.590.780.720.750.70.650.370.770.540.370.820.840.760.770.65-0.040.80.770.350.70.80.750.46
0.780.520.860.540.890.890.410.90.620.740.890.630.830.070.560.870.77-0.620.640.860.070.510.850.470.46
Click cells to compare fundamentals

Tyson Foods Account Relationship Matchups

Tyson Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.7B36.3B36.8B36.3B37.1B39.0B
Short Long Term Debt Total11.3B9.3B8.3B9.5B9.8B10.3B
Other Current Liab1.5B2.1B1.9B1.7B2.1B2.2B
Total Current Liabilities4.2B6.3B5.3B6.5B4.8B2.5B
Total Stockholder Equity15.5B17.7B19.7B18.1B18.4B19.3B
Property Plant And Equipment Net7.6B7.8B8.7B10.2B9.4B9.9B
Net Debt9.9B6.8B7.3B8.9B8.1B8.5B
Retained Earnings15.3B17.5B20.1B18.8B18.9B19.8B
Cash1.4B2.5B1.0B573M1.7B1.8B
Non Current Assets Total26.9B26.5B27.2B27.5B27.3B28.7B
Non Currrent Assets Other1.6B1.6B1.4B1.3B2.2B2.3B
Cash And Short Term Investments1.4B2.5B1.0B588M1.7B1.8B
Net Receivables2.0B2.4B2.6B2.5B2.4B2.5B
Liabilities And Stockholders Equity34.7B36.3B36.8B36.3B37.1B39.0B
Non Current Liabilities Total14.9B12.1B11.7B11.5B13.8B14.5B
Inventory4.1B4.4B5.5B5.3B5.2B5.5B
Other Current Assets367M533M507M330M433M454.7M
Other Stockholder Equity288M348M(130M)(412M)(344M)(326.8M)
Total Liab19.1B18.5B17.0B18.0B18.6B19.5B
Total Current Assets7.9B9.8B9.6B8.7B9.8B10.2B
Short Term Debt709M1.2B604M2.0B74M70.3M
Intangible Assets6.8B6.5B6.3B6.1B5.9B6.2B
Accounts Payable1.9B2.2B2.5B2.6B2.4B2.5B
Good Will10.9B10.5B10.5B9.9B9.8B5.0B
Property Plant And Equipment Gross7.6B16.5B17.9B19.7B20.0B21.0B
Accumulated Other Comprehensive Income(179M)(172M)(297M)(260M)(184M)(193.2M)
Other Liab3.7B3.5B3.5B3.5B4.0B4.2B
Other Assets949M1.1B1.1B795M914.3M557.3M
Long Term Debt10.8B8.3B7.9B7.6B9.7B5.7B
Treasury Stock(4.0B)(4.1B)(4.1B)(4.7B)(4.2B)(4.0B)
Property Plant Equipment8.1B7.8B8.7B10.2B11.7B12.3B
Noncontrolling Interest In Consolidated Entity144M132M131M109M125.4M131.6M
Retained Earnings Total Equity13.8B15.3B17.5B20.1B23.1B24.3B
Deferred Long Term Liab2.4B2.4B2.2B2.5B2.8B1.9B

Pair Trading with Tyson Foods

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tyson Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tyson Foods will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tyson Stock

  0.8MO Altria GroupPairCorr

Moving against Tyson Stock

  0.75BGS BG FoodsPairCorr
  0.56BUD Anheuser Busch InbevPairCorr
  0.55VITL Vital FarmsPairCorr
  0.52DDC DDC EnterprisePairCorr
  0.51CAG ConAgra FoodsPairCorr
The ability to find closely correlated positions to Tyson Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tyson Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tyson Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tyson Foods to buy it.
The correlation of Tyson Foods is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tyson Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tyson Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tyson Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Tyson Foods offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tyson Foods' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tyson Foods Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tyson Foods Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tyson Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Tyson Stock, please use our How to Invest in Tyson Foods guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tyson Foods. If investors know Tyson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tyson Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Dividend Share
1.96
Earnings Share
2.25
Revenue Per Share
149.932
Quarterly Revenue Growth
0.016
The market value of Tyson Foods is measured differently than its book value, which is the value of Tyson that is recorded on the company's balance sheet. Investors also form their own opinion of Tyson Foods' value that differs from its market value or its book value, called intrinsic value, which is Tyson Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tyson Foods' market value can be influenced by many factors that don't directly affect Tyson Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tyson Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyson Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyson Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.