Central Capital Stock vs Total Permanent Equity Analysis
CENTA Stock | USD 39.60 1.24 3.04% |
Central Garden financial indicator trend analysis is way more than just evaluating Central Garden Pet prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Central Garden Pet is a good investment. Please check the relationship between Central Garden Capital Stock and its Total Permanent Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Garden Pet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Capital Stock vs Total Permanent Equity
Capital Stock vs Total Permanent Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Garden Pet Capital Stock account and Total Permanent Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Central Garden's Capital Stock and Total Permanent Equity is -0.64. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Permanent Equity in the same time period over historical financial statements of Central Garden Pet, assuming nothing else is changed. The correlation between historical values of Central Garden's Capital Stock and Total Permanent Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Central Garden Pet are associated (or correlated) with its Total Permanent Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Permanent Equity has no effect on the direction of Capital Stock i.e., Central Garden's Capital Stock and Total Permanent Equity go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Total Permanent Equity
Most indicators from Central Garden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Central Garden Pet 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Garden Pet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At present, Central Garden's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 7.18, whereas Selling General Administrative is forecasted to decline to about 300.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 58.3M | 57.0M | 65.6M | 36.4M | Depreciation And Amortization | 78.1M | 87.7M | 100.9M | 105.9M |
Central Garden fundamental ratios Correlations
Click cells to compare fundamentals
Central Garden Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Central Garden fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 3.1B | 3.3B | 3.4B | 3.9B | 4.1B | |
Short Long Term Debt Total | 814.1M | 1.4B | 1.4B | 1.4B | 1.6B | 1.7B | |
Other Current Liab | 201.4M | 235.0M | 54.4M | 216.2M | 248.7M | 261.1M | |
Total Current Liabilities | 440.3M | 522.3M | 465.9M | 458.0M | 526.7M | 553.0M | |
Total Stockholder Equity | 1.1B | 1.2B | 1.3B | 1.5B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 360.5M | 494.2M | 583.3M | 565.3M | 650.1M | 682.6M | |
Net Debt | 161.4M | 930.2M | 1.2B | 885.7M | 1.0B | 1.1B | |
Retained Earnings | 510.8M | 646.1M | 755.3M | 859.4M | 988.3M | 1.0B | |
Accounts Payable | 205.2M | 245.5M | 215.7M | 190.9M | 219.5M | 135.0M | |
Cash | 652.7M | 426.4M | 177.4M | 488.7M | 562.0M | 590.1M | |
Non Current Assets Total | 814.1M | 1.6B | 1.7B | 1.7B | 1.9B | 2.0B | |
Non Currrent Assets Other | 28.7M | 575.0M | (130.8M) | 62.6M | 71.9M | 45.4M | |
Cash And Short Term Investments | 652.7M | 426.4M | 177.4M | 488.7M | 562.0M | 590.1M | |
Net Receivables | 391.8M | 385.4M | 376.8M | 332.9M | 382.8M | 211.5M | |
Common Stock Shares Outstanding | 54.7M | 55.2M | 54.4M | 53.4M | 61.4M | 44.7M | |
Liabilities And Stockholders Equity | 2.3B | 3.1B | 3.3B | 3.4B | 3.9B | 4.1B | |
Non Current Liabilities Total | 821.4M | 1.4B | 1.5B | 1.5B | 1.7B | 1.8B | |
Inventory | 439.6M | 685.2M | 938M | 838.2M | 963.9M | 1.0B | |
Other Current Assets | 43.1M | 41.2M | 46.6M | 33.2M | 38.1M | 31.4M | |
Other Stockholder Equity | 566.9M | 576.4M | 582.1M | 594.4M | 683.6M | 419.0M | |
Total Liab | 1.3B | 1.9B | 1.9B | 1.9B | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 360.5M | 494.2M | 583.3M | 565.3M | 650.1M | 682.6M | |
Total Current Assets | 1.5B | 1.5B | 1.6B | 1.7B | 2.0B | 2.1B | |
Accumulated Other Comprehensive Income | (1.4M) | (831K) | (4.1M) | (3.0M) | (3.4M) | (3.6M) | |
Short Term Debt | 33.6M | 41.8M | 48.4M | 50.8M | 45.8M | 48.0M | |
Intangible Assets | 134.9M | 134.4M | 543.2M | 497.2M | 571.8M | 600.4M | |
Good Will | 286.1M | 290.0M | 369.4M | 546.4M | 628.4M | 314.4M | |
Common Stock | 548K | 552K | 542K | 537K | 617.6K | 490.3K | |
Common Stock Total Equity | 115K | 548K | 552K | 542K | 623.3K | 654.5K | |
Other Liab | 57.3M | 41.0M | 56.0M | 147.4M | 169.5M | 178.0M | |
Other Assets | 37K | 24K | 31K | 110K | 99K | 94.1K | |
Long Term Debt | 694.0M | 1.2B | 1.2B | 1.2B | 1.4B | 1.4B | |
Property Plant Equipment | 245.4M | 244.7M | 494.2M | 583.3M | 670.8M | 704.4M | |
Net Tangible Assets | 563.8M | 738.4M | 718.4M | 244.1M | 280.7M | 422.9M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Garden Pet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Central Stock analysis
When running Central Garden's price analysis, check to measure Central Garden's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Central Garden is operating at the current time. Most of Central Garden's value examination focuses on studying past and present price action to predict the probability of Central Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Garden's price. Additionally, you may evaluate how the addition of Central Garden to your portfolios can decrease your overall portfolio volatility.
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is Central Garden's industry 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 Central Garden. If investors know Central 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 Central Garden 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 0.292 | Earnings Share 2.22 | Revenue Per Share 63.167 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0473 |
The market value of Central Garden Pet is measured differently than its book value, which is the value of Central that is recorded on the company's balance sheet. Investors also form their own opinion of Central Garden's value that differs from its market value or its book value, called intrinsic value, which is Central Garden's 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 Central Garden's market value can be influenced by many factors that don't directly affect Central Garden's 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 Central Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Central Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Central Garden's 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.