TasFoods Cash And Short Term Investments vs Property Plant And Equipment Gross Analysis

TFL Stock

0.01 0 7.14%

TasFoods financial indicator trend analysis is much more than just breaking down TasFoods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TasFoods is a good investment. Please check the relationship between TasFoods Cash And Short Term Investments and its Property Plant And Equipment Gross accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TasFoods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Property Plant And Equipment Gross

Cash And Short Term Investments vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TasFoods Cash And Short Term Investments account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between TasFoods' Cash And Short Term Investments and Property Plant And Equipment Gross is -0.57. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of TasFoods, assuming nothing else is changed. The correlation between historical values of TasFoods' Cash And Short Term Investments and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of TasFoods are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Cash And Short Term Investments i.e., TasFoods' Cash And Short Term Investments and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of TasFoods balance sheet. This account contains TasFoods investments that will expire within one year. These investments include stocks and bonds that can be liquidated by TasFoods fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Property Plant And Equipment Gross

Most indicators from TasFoods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TasFoods 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 TasFoods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, TasFoods' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 6.9 M in 2024, whereas Discontinued Operations is likely to drop slightly above 346.3 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	28.5M	29.1M	4.5M	4.3M
Total Revenue	69.4M	70.6M	47.8M	50.2M

Gross Profit Total Revenue

TasFoods fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Assets	Long Term Debt	Short Term Investments	Inventory
Total Assets		0.29	0.75	0.36	-0.28	0.01	0.3	0.41	0.61	0.19	0.41	0.38	0.62	0.37	0.37	0.26	0.33	0.3	0.63	0.55	0.37	-0.02	0.18	0.42	0.58	0.39
Total Current Liabilities	0.29		0.02	0.95	0.68	-0.93	1.0	-0.54	0.66	0.26	-0.53	0.82	0.85	0.87	0.9	-0.08	0.99	0.98	-0.26	0.87	0.89	0.58	0.25	0.59	0.39	0.91
Total Stockholder Equity	0.75	0.02		0.1	-0.47	0.26	0.02	0.55	0.31	0.02	0.55	0.09	0.29	0.07	0.06	0.4	0.03	0.03	0.7	0.24	0.03	-0.19	0.01	0.12	0.37	0.11
Property Plant And Equipment Net	0.36	0.95	0.1		0.7	-0.82	0.95	-0.57	0.79	0.31	-0.56	0.9	0.79	0.72	0.89	-0.03	0.96	0.98	-0.29	0.78	0.89	0.44	0.3	0.7	0.34	0.98
Net Debt	-0.28	0.68	-0.47	0.7		-0.77	0.69	-0.98	0.55	0.24	-0.98	0.68	0.34	0.41	0.63	-0.09	0.69	0.71	-0.87	0.36	0.64	0.31	0.24	0.48	-0.02	0.68
Retained Earnings	0.01	-0.93	0.26	-0.82	-0.77		-0.92	0.67	-0.47	-0.21	0.66	-0.68	-0.74	-0.85	-0.77	0.12	-0.9	-0.9	0.46	-0.79	-0.78	-0.69	-0.2	-0.41	-0.26	-0.77
Accounts Payable	0.3	1.0	0.02	0.95	0.69	-0.92		-0.55	0.68	0.27	-0.54	0.85	0.83	0.85	0.93	-0.08	1.0	0.98	-0.27	0.85	0.91	0.56	0.26	0.65	0.37	0.92
Cash	0.41	-0.54	0.55	-0.57	-0.98	0.67	-0.55		-0.45	-0.17	1.0	-0.57	-0.19	-0.26	-0.48	0.07	-0.54	-0.58	0.95	-0.21	-0.5	-0.23	-0.17	-0.37	0.1	-0.56
Non Current Assets Total	0.61	0.66	0.31	0.79	0.55	-0.47	0.68	-0.45		0.31	-0.45	0.84	0.68	0.48	0.7	0.19	0.7	0.71	-0.22	0.63	0.73	0.07	0.3	0.7	0.43	0.82
Non Currrent Assets Other	0.19	0.26	0.02	0.31	0.24	-0.21	0.27	-0.17	0.31		-0.17	0.4	0.22	0.24	0.47	-0.03	0.34	0.36	-0.08	0.19	0.46	0.48	1.0	0.56	0.08	0.29
Cash And Short Term Investments	0.41	-0.53	0.55	-0.56	-0.98	0.66	-0.54	1.0	-0.45	-0.17		-0.56	-0.18	-0.26	-0.47	0.06	-0.53	-0.57	0.95	-0.21	-0.49	-0.22	-0.17	-0.36	0.1	-0.55
Net Receivables	0.38	0.82	0.09	0.9	0.68	-0.68	0.85	-0.57	0.84	0.4	-0.56		0.62	0.57	0.89	0.01	0.86	0.87	-0.32	0.6	0.91	0.33	0.4	0.85	0.38	0.94
Common Stock Total Equity	0.62	0.85	0.29	0.79	0.34	-0.74	0.83	-0.19	0.68	0.22	-0.18	0.62		0.92	0.72	0.1	0.83	0.81	0.1	1.0	0.71	0.51	0.21	0.4	0.62	0.73
Common Stock Shares Outstanding	0.37	0.87	0.07	0.72	0.41	-0.85	0.85	-0.26	0.48	0.24	-0.26	0.57	0.92		0.73	-0.01	0.84	0.81	0.0	0.95	0.72	0.68	0.22	0.35	0.58	0.66
Non Current Liabilities Total	0.37	0.9	0.06	0.89	0.63	-0.77	0.93	-0.48	0.7	0.47	-0.47	0.89	0.72	0.73		-0.12	0.95	0.91	-0.21	0.71	0.97	0.44	0.46	0.85	0.3	0.88
Other Current Assets	0.26	-0.08	0.4	-0.03	-0.09	0.12	-0.08	0.07	0.19	-0.03	0.06	0.01	0.1	-0.01	-0.12		-0.08	-0.06	0.16	0.07	-0.11	-0.16	-0.04	-0.04	0.15	-0.01
Total Liab	0.33	0.99	0.03	0.96	0.69	-0.9	1.0	-0.54	0.7	0.34	-0.53	0.86	0.83	0.84	0.95	-0.08		0.98	-0.26	0.84	0.94	0.54	0.33	0.7	0.36	0.92
Property Plant And Equipment Gross	0.3	0.98	0.03	0.98	0.71	-0.9	0.98	-0.58	0.71	0.36	-0.57	0.87	0.81	0.81	0.91	-0.06	0.98		-0.3	0.82	0.91	0.59	0.36	0.67	0.34	0.95
Total Current Assets	0.63	-0.26	0.7	-0.29	-0.87	0.46	-0.27	0.95	-0.22	-0.08	0.95	-0.32	0.1	0.0	-0.21	0.16	-0.26	-0.3		0.07	-0.24	-0.09	-0.08	-0.15	0.28	-0.29
Common Stock	0.55	0.87	0.24	0.78	0.36	-0.79	0.85	-0.21	0.63	0.19	-0.21	0.6	1.0	0.95	0.71	0.07	0.84	0.82	0.07		0.71	0.55	0.17	0.36	0.6	0.72
Short Long Term Debt Total	0.37	0.89	0.03	0.89	0.64	-0.78	0.91	-0.5	0.73	0.46	-0.49	0.91	0.71	0.72	0.97	-0.11	0.94	0.91	-0.24	0.71		0.46	0.46	0.83	0.26	0.9
Other Current Liab	-0.02	0.58	-0.19	0.44	0.31	-0.69	0.56	-0.23	0.07	0.48	-0.22	0.33	0.51	0.68	0.44	-0.16	0.54	0.59	-0.09	0.55	0.46		0.48	0.22	0.17	0.4
Other Assets	0.18	0.25	0.01	0.3	0.24	-0.2	0.26	-0.17	0.3	1.0	-0.17	0.4	0.21	0.22	0.46	-0.04	0.33	0.36	-0.08	0.17	0.46	0.48		0.56	0.06	0.29
Long Term Debt	0.42	0.59	0.12	0.7	0.48	-0.41	0.65	-0.37	0.7	0.56	-0.36	0.85	0.4	0.35	0.85	-0.04	0.7	0.67	-0.15	0.36	0.83	0.22	0.56		0.1	0.75
Short Term Investments	0.58	0.39	0.37	0.34	-0.02	-0.26	0.37	0.1	0.43	0.08	0.1	0.38	0.62	0.58	0.3	0.15	0.36	0.34	0.28	0.6	0.26	0.17	0.06	0.1		0.32
Inventory	0.39	0.91	0.11	0.98	0.68	-0.77	0.92	-0.56	0.82	0.29	-0.55	0.94	0.73	0.66	0.88	-0.01	0.92	0.95	-0.29	0.72	0.9	0.4	0.29	0.75	0.32

Click cells to compare fundamentals

TasFoods Account Relationship Matchups

TasFoods fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	55.5M	57.1M	48.7M	39.2M	35.2M	32.5M
Total Current Liabilities	10.8M	11.2M	12.2M	14.4M	13.3M	13.9M
Total Stockholder Equity	38.5M	39.2M	28.6M	18.3M	17.6M	24.8M
Property Plant And Equipment Net	26.1M	26.3M	27.4M	25.3M	21.7M	22.8M
Net Debt	5.0M	(233K)	7.6M	7.3M	3.4M	3.6M
Retained Earnings	(16.0M)	(22.4M)	(33.1M)	(49.6M)	(50.6M)	(48.1M)
Accounts Payable	8.6M	9.2M	9.6M	11.6M	9.7M	10.1M
Cash	2.2M	7.6M	1.5M	351K	3.4M	3.3M
Non Current Assets Total	41.3M	37.3M	34.5M	25.8M	22.3M	16.9M
Non Currrent Assets Other	1.2M	38K	34.5M	1K	572K	543.4K
Cash And Short Term Investments	2.2M	7.6M	1.5M	351K	3.4M	3.3M
Net Receivables	4.4M	4.5M	5.0M	4.7M	3.2M	1.7M
Common Stock Total Equity	42.5M	46.4M	54.0M	61.1M	70.2M	73.7M
Common Stock Shares Outstanding	239.8M	290.1M	351.9M	408.9M	437.1M	459.0M
Liabilities And Stockholders Equity	55.5M	57.1M	48.7M	39.2M	35.2M	32.0M
Non Current Liabilities Total	6.2M	6.7M	7.9M	6.5M	4.4M	4.6M
Other Current Assets	(1K)	2.3M	976K	1.1M	691K	843.9K
Total Liab	17.0M	17.9M	20.1M	20.9M	17.6M	18.5M
Property Plant And Equipment Gross	26.1M	26.3M	35.2M	34.7M	28.4M	29.8M
Total Current Assets	14.2M	19.9M	14.2M	13.4M	12.9M	15.1M
Common Stock	46.4M	54.0M	61.1M	66.8M	76.9M	80.7M
Short Long Term Debt Total	7.2M	7.4M	9.0M	7.6M	6.9M	3.8M
Other Assets	1.2M	38K	83.3M	14K	16.1K	15.3K
Long Term Debt	4.5M	5.3M	6.4M	4.7M	13K	12.4K
Inventory	6.9M	6.8M	6.8M	7.1M	5.6M	3.8M
Other Stockholder Equity	493K	595K	(33.1M)	1.1M	1.0M	1.1M
Accumulated Other Comprehensive Income	492K	595K	691K	1.1M	1.4M	1.4M
Short Term Debt	1.2M	866K	1.2M	1.4M	2.6M	1.3M
Property Plant Equipment	26.1M	26.3M	27.3M	25.3M	29.1M	30.5M
Intangible Assets	7.1M	7.0M	7.2M	556K	572K	543.4K
Other Liab	157K	219K	153K	169K	197.1K	259.4K
Net Tangible Assets	24.5M	28.3M	21.4M	17.8M	16.0M	21.0M
Long Term Debt Total	6.0M	6.5M	7.8M	6.2M	7.2M	4.5M
Capital Lease Obligations	1.9M	1.6M	1.5M	1.9M	4.6M	4.8M
Short Long Term Debt	765K	539K	1.0M	1.0M	2.3M	2.4M
Cash And Equivalents	2.2M	7.6M	1.5M	351K	315.9K	300.1K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for TasFoods Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC