Freshpet Long Term Debt vs Total Current Liabilities Analysis

FRPT Stock

USD 131.57 0.40 0.30%

Freshpet financial indicator trend analysis is much more than just examining Freshpet latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freshpet is a good investment. Please check the relationship between Freshpet Long Term Debt and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshpet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Freshpet Stock please use our How to Invest in Freshpet guide.

Long Term Debt vs Total Current Liabilities

Long Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freshpet Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Freshpet's Long Term Debt and Total Current Liabilities is 0.89. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Freshpet, assuming nothing else is changed. The correlation between historical values of Freshpet's Long Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Freshpet are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Debt i.e., Freshpet's Long Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Freshpet has held for over one year. Long-term debt appears on Freshpet balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Freshpet balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Current Liabilities

Total Current Liabilities is an item on Freshpet balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Freshpet are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Freshpet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freshpet 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshpet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Freshpet Stock please use our How to Invest in Freshpet guide.At this time, Freshpet's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 157.14 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	2.9M	5.2M	14.1M	14.8M
Depreciation And Amortization	30.5M	36.3M	58.5M	61.4M

Interest Expense Depreciation And Amortization

Freshpet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.75	0.95	0.97	0.97	-0.37	1.0	0.19	-0.95	0.76	0.96	1.0	0.98	-0.08	0.91	0.96	0.98	0.61	0.71	0.77	0.99	0.73	0.97	0.85	1.0	0.99
Short Long Term Debt Total	0.75		0.82	0.66	0.59	-0.11	0.72	0.75	-0.7	0.21	0.88	0.72	0.71	-0.31	0.56	0.88	0.66	0.25	0.34	0.99	0.71	0.78	0.59	0.98	0.79	0.83
Other Current Liab	0.95	0.82		0.95	0.89	-0.38	0.94	0.33	-0.93	0.66	0.94	0.94	0.95	-0.11	0.83	0.94	0.95	0.59	0.68	0.82	0.95	0.87	0.9	0.89	0.96	0.97
Total Current Liabilities	0.97	0.66	0.95		0.97	-0.41	0.98	0.1	-0.93	0.84	0.89	0.98	0.98	-0.08	0.89	0.89	0.99	0.63	0.76	0.67	0.98	0.76	0.96	0.77	0.96	0.94
Total Stockholder Equity	0.97	0.59	0.89	0.97		-0.44	0.98	-0.04	-0.94	0.85	0.88	0.98	0.97	0.01	0.92	0.88	0.98	0.68	0.77	0.6	0.98	0.63	0.99	0.7	0.96	0.93
Other Liab	-0.37	-0.11	-0.38	-0.41	-0.44		-0.37	0.3	0.52	-0.34	-0.31	-0.38	-0.41	-0.22	-0.29	-0.31	-0.43	-0.77	-0.58	-0.06	-0.37	-0.34	-0.51	-0.13	-0.36	-0.35
Property Plant And Equipment Net	1.0	0.72	0.94	0.98	0.98	-0.37		0.15	-0.94	0.79	0.94	1.0	0.98	-0.08	0.91	0.94	0.99	0.61	0.73	0.74	1.0	0.72	0.97	0.82	0.99	0.98
Net Debt	0.19	0.75	0.33	0.1	-0.04	0.3	0.15		-0.11	-0.32	0.39	0.14	0.12	-0.42	0.01	0.39	0.07	-0.3	-0.16	0.76	0.12	0.53	-0.04	0.68	0.25	0.3
Retained Earnings	-0.95	-0.7	-0.93	-0.93	-0.94	0.52	-0.94	-0.11		-0.69	-0.9	-0.94	-0.96	0.06	-0.81	-0.9	-0.96	-0.78	-0.78	-0.68	-0.95	-0.75	-0.96	-0.76	-0.94	-0.94
Accounts Payable	0.76	0.21	0.66	0.84	0.85	-0.34	0.79	-0.32	-0.69		0.56	0.79	0.78	0.02	0.78	0.56	0.83	0.59	0.74	0.24	0.8	0.41	0.82	0.37	0.72	0.66
Cash	0.96	0.88	0.94	0.89	0.88	-0.31	0.94	0.39	-0.9	0.56		0.94	0.93	-0.14	0.84	1.0	0.9	0.51	0.56	0.89	0.94	0.76	0.88	0.94	0.97	0.99
Non Current Assets Total	1.0	0.72	0.94	0.98	0.98	-0.38	1.0	0.14	-0.94	0.79	0.94		0.98	-0.07	0.92	0.94	0.99	0.62	0.73	0.73	1.0	0.71	0.98	0.82	0.99	0.98
Non Currrent Assets Other	0.98	0.71	0.95	0.98	0.97	-0.41	0.98	0.12	-0.96	0.78	0.93	0.98		-0.16	0.86	0.93	0.99	0.63	0.73	0.71	0.99	0.72	0.97	0.79	0.98	0.97
Other Assets	-0.08	-0.31	-0.11	-0.08	0.01	-0.22	-0.08	-0.42	0.06	0.02	-0.14	-0.07	-0.16		0.28	-0.14	-0.09	0.3	0.24	-0.3	-0.11	-0.21	0.01	-0.28	-0.11	-0.12
Long Term Debt	0.91	0.56	0.83	0.89	0.92	-0.29	0.91	0.01	-0.81	0.78	0.84	0.92	0.86	0.28		0.84	0.88	0.56	0.71	0.59	0.9	0.54	0.9	0.68	0.89	0.87
Cash And Short Term Investments	0.96	0.88	0.94	0.89	0.88	-0.31	0.94	0.39	-0.9	0.56	1.0	0.94	0.93	-0.14	0.84		0.9	0.51	0.56	0.89	0.94	0.76	0.88	0.94	0.97	0.99
Net Receivables	0.98	0.66	0.95	0.99	0.98	-0.43	0.99	0.07	-0.96	0.83	0.9	0.99	0.99	-0.09	0.88	0.9		0.66	0.77	0.67	0.99	0.73	0.98	0.76	0.97	0.95
Common Stock Total Equity	0.61	0.25	0.59	0.63	0.68	-0.77	0.61	-0.3	-0.78	0.59	0.51	0.62	0.63	0.3	0.56	0.51	0.66		0.83	0.2	0.61	0.47	0.75	0.29	0.58	0.57
Common Stock Shares Outstanding	0.71	0.34	0.68	0.76	0.77	-0.58	0.73	-0.16	-0.78	0.74	0.56	0.73	0.73	0.24	0.71	0.56	0.77	0.83		0.31	0.72	0.5	0.79	0.41	0.69	0.64
Non Current Liabilities Total	0.77	0.99	0.82	0.67	0.6	-0.06	0.74	0.76	-0.68	0.24	0.89	0.73	0.71	-0.3	0.59	0.89	0.67	0.2	0.31		0.72	0.79	0.59	0.99	0.8	0.84
Inventory	0.99	0.71	0.95	0.98	0.98	-0.37	1.0	0.12	-0.95	0.8	0.94	1.0	0.99	-0.11	0.9	0.94	0.99	0.61	0.72	0.72		0.71	0.97	0.81	0.99	0.97
Other Current Assets	0.73	0.78	0.87	0.76	0.63	-0.34	0.72	0.53	-0.75	0.41	0.76	0.71	0.72	-0.21	0.54	0.76	0.73	0.47	0.5	0.79	0.71		0.65	0.83	0.75	0.77
Other Stockholder Equity	0.97	0.59	0.9	0.96	0.99	-0.51	0.97	-0.04	-0.96	0.82	0.88	0.98	0.97	0.01	0.9	0.88	0.98	0.75	0.79	0.59	0.97	0.65		0.7	0.95	0.93
Total Liab	0.85	0.98	0.89	0.77	0.7	-0.13	0.82	0.68	-0.76	0.37	0.94	0.82	0.79	-0.28	0.68	0.94	0.76	0.29	0.41	0.99	0.81	0.83	0.7		0.88	0.9
Property Plant And Equipment Gross	1.0	0.79	0.96	0.96	0.96	-0.36	0.99	0.25	-0.94	0.72	0.97	0.99	0.98	-0.11	0.89	0.97	0.97	0.58	0.69	0.8	0.99	0.75	0.95	0.88		0.99
Total Current Assets	0.99	0.83	0.97	0.94	0.93	-0.35	0.98	0.3	-0.94	0.66	0.99	0.98	0.97	-0.12	0.87	0.99	0.95	0.57	0.64	0.84	0.97	0.77	0.93	0.9	0.99

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Freshpet Account Relationship Matchups

Freshpet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	236.1M	434.4M	784.4M	1.1B	1.5B	1.5B
Other Current Liab	22.1M	15.4M	15.0M	33.0M	49.8M	52.3M
Total Current Liabilities	42.0M	33.1M	58.9M	89.6M	89.2M	93.7M
Total Stockholder Equity	131.3M	394.2M	719.8M	1.0B	953.5M	1.0B
Property Plant And Equipment Net	174.4M	288.9M	594.6M	809.6M	984.7M	1.0B
Net Debt	54.6M	(58.9M)	(65.7M)	(127.0M)	128.2M	134.6M
Retained Earnings	(202.7M)	(205.9M)	(235.6M)	(295.1M)	(328.7M)	(345.2M)
Accounts Payable	18.7M	16.5M	42.6M	55.1M	36.1M	20.3M
Cash	9.5M	67.2M	72.8M	132.7M	296.9M	311.7M
Non Current Assets Total	181.8M	325.3M	634.1M	863.4M	1.0B	1.1B
Non Currrent Assets Other	7.4M	8.5M	13.7M	28.4M	28.9M	30.3M
Other Assets	7.4M	44.2M	17.8M	1K	1.2K	1.1K
Cash And Short Term Investments	9.5M	67.2M	72.8M	132.7M	296.9M	311.7M
Net Receivables	18.6M	18.4M	34.8M	57.6M	56.8M	59.6M
Common Stock Total Equity	35.6K	36.2K	41K	43K	49.5K	34.4K
Common Stock Shares Outstanding	36.0M	39.8M	42.9M	46.2M	48.2M	37.2M
Liabilities And Stockholders Equity	236.1M	434.4M	784.4M	1.1B	1.5B	1.5B
Non Current Liabilities Total	62.9M	7.1M	5.7M	4.2M	421.7M	442.8M
Inventory	12.5M	19.1M	35.6M	58.3M	63.2M	66.4M
Other Current Assets	10.5M	914K	1.3M	3.6M	10.5M	11.0M
Other Stockholder Equity	334.0M	600.1M	955.5M	1.3B	1.3B	1.3B
Total Liab	104.9M	40.2M	64.7M	93.8M	511.0M	536.5M
Property Plant And Equipment Gross	174.4M	288.9M	583.9M	809.6M	1.2B	1.2B
Total Current Assets	54.3M	109.1M	150.3M	262.0M	427.3M	448.7M
Accumulated Other Comprehensive Income	(79.2K)	(80K)	(120K)	1.4M	(591K)	(620.6K)
Common Stock	36.2K	41K	43K	48K	55.2K	37.5K
Property Plant Equipment	174.4M	281.1M	590.5M	805.8M	926.6M	972.9M
Net Tangible Assets	131.3M	394.2M	719.8M	1.0B	1.2B	1.2B
Retained Earnings Total Equity	(196.0M)	(201.4M)	(205.9M)	(235.6M)	(212.1M)	(222.7M)
Capital Surpluse	323.1M	334.3M	600.4M	955.7M	1.1B	1.2B
Net Invested Capital	185.7M	394.2M	719.8M	1.0B	1.3B	1.4B
Net Working Capital	12.3M	76.0M	91.4M	172.4M	338.1M	355.0M

Pair Trading with Freshpet

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 Freshpet 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 Freshpet will appreciate offsetting losses from the drop in the long position's value.

Moving together with Freshpet Stock

0.71	K	Kellanova Earnings Call Tomorrow	Pair Corr
0.78	BJ	BJs Wholesale Club	Pair Corr
0.74	CL	Colgate Palmolive Earnings Call Tomorrow	Pair Corr

Moving against Freshpet Stock

0.75	GO	Grocery Outlet Holding	Pair Corr
0.69	EL	Estee Lauder Companies Fiscal Year End 16th of August 2024	Pair Corr
0.48	DNUT	Krispy Kreme	Pair Corr
0.44	DLTR	Dollar Tree Earnings Call Tomorrow	Pair Corr
0.41	DG	Dollar General Financial Report 6th of June 2024	Pair Corr

The ability to find closely correlated positions to Freshpet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freshpet 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 Freshpet - 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 Freshpet to buy it.

The correlation of Freshpet 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 Freshpet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freshpet 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 Freshpet 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 Correlation Correlation Matching

Additional Tools for Freshpet Stock Analysis

When running Freshpet's price analysis, check to measure Freshpet'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 Freshpet is operating at the current time. Most of Freshpet's value examination focuses on studying past and present price action to predict the probability of Freshpet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freshpet's price. Additionally, you may evaluate how the addition of Freshpet to your portfolios can decrease your overall portfolio volatility.

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