TasFoods Property Plant And Equipment Net vs Common Stock Shares Outstanding 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 Property Plant And Equipment Net and its Common Stock Shares Outstanding 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.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TasFoods Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between TasFoods' Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.72. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of TasFoods, assuming nothing else is changed. The correlation between historical values of TasFoods' Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of TasFoods are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., TasFoods' Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Profit28.5M29.1M4.5M4.3M
Total Revenue69.4M70.6M47.8M50.2M

TasFoods fundamental ratios Correlations

0.290.750.36-0.280.010.30.410.610.190.410.380.620.370.370.260.330.30.630.550.37-0.020.180.420.580.39
0.290.020.950.68-0.931.0-0.540.660.26-0.530.820.850.870.9-0.080.990.98-0.260.870.890.580.250.590.390.91
0.750.020.1-0.470.260.020.550.310.020.550.090.290.070.060.40.030.030.70.240.03-0.190.010.120.370.11
0.360.950.10.7-0.820.95-0.570.790.31-0.560.90.790.720.89-0.030.960.98-0.290.780.890.440.30.70.340.98
-0.280.68-0.470.7-0.770.69-0.980.550.24-0.980.680.340.410.63-0.090.690.71-0.870.360.640.310.240.48-0.020.68
0.01-0.930.26-0.82-0.77-0.920.67-0.47-0.210.66-0.68-0.74-0.85-0.770.12-0.9-0.90.46-0.79-0.78-0.69-0.2-0.41-0.26-0.77
0.31.00.020.950.69-0.92-0.550.680.27-0.540.850.830.850.93-0.081.00.98-0.270.850.910.560.260.650.370.92
0.41-0.540.55-0.57-0.980.67-0.55-0.45-0.171.0-0.57-0.19-0.26-0.480.07-0.54-0.580.95-0.21-0.5-0.23-0.17-0.370.1-0.56
0.610.660.310.790.55-0.470.68-0.450.31-0.450.840.680.480.70.190.70.71-0.220.630.730.070.30.70.430.82
0.190.260.020.310.24-0.210.27-0.170.31-0.170.40.220.240.47-0.030.340.36-0.080.190.460.481.00.560.080.29
0.41-0.530.55-0.56-0.980.66-0.541.0-0.45-0.17-0.56-0.18-0.26-0.470.06-0.53-0.570.95-0.21-0.49-0.22-0.17-0.360.1-0.55
0.380.820.090.90.68-0.680.85-0.570.840.4-0.560.620.570.890.010.860.87-0.320.60.910.330.40.850.380.94
0.620.850.290.790.34-0.740.83-0.190.680.22-0.180.620.920.720.10.830.810.11.00.710.510.210.40.620.73
0.370.870.070.720.41-0.850.85-0.260.480.24-0.260.570.920.73-0.010.840.810.00.950.720.680.220.350.580.66
0.370.90.060.890.63-0.770.93-0.480.70.47-0.470.890.720.73-0.120.950.91-0.210.710.970.440.460.850.30.88
0.26-0.080.4-0.03-0.090.12-0.080.070.19-0.030.060.010.1-0.01-0.12-0.08-0.060.160.07-0.11-0.16-0.04-0.040.15-0.01
0.330.990.030.960.69-0.91.0-0.540.70.34-0.530.860.830.840.95-0.080.98-0.260.840.940.540.330.70.360.92
0.30.980.030.980.71-0.90.98-0.580.710.36-0.570.870.810.810.91-0.060.98-0.30.820.910.590.360.670.340.95
0.63-0.260.7-0.29-0.870.46-0.270.95-0.22-0.080.95-0.320.10.0-0.210.16-0.26-0.30.07-0.24-0.09-0.08-0.150.28-0.29
0.550.870.240.780.36-0.790.85-0.210.630.19-0.210.61.00.950.710.070.840.820.070.710.550.170.360.60.72
0.370.890.030.890.64-0.780.91-0.50.730.46-0.490.910.710.720.97-0.110.940.91-0.240.710.460.460.830.260.9
-0.020.58-0.190.440.31-0.690.56-0.230.070.48-0.220.330.510.680.44-0.160.540.59-0.090.550.460.480.220.170.4
0.180.250.010.30.24-0.20.26-0.170.31.0-0.170.40.210.220.46-0.040.330.36-0.080.170.460.480.560.060.29
0.420.590.120.70.48-0.410.65-0.370.70.56-0.360.850.40.350.85-0.040.70.67-0.150.360.830.220.560.10.75
0.580.390.370.34-0.02-0.260.370.10.430.080.10.380.620.580.30.150.360.340.280.60.260.170.060.10.32
0.390.910.110.980.68-0.770.92-0.560.820.29-0.550.940.730.660.88-0.010.920.95-0.290.720.90.40.290.750.32
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TasFoods Account Relationship Matchups

TasFoods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.5M57.1M48.7M39.2M35.2M32.5M
Total Current Liabilities10.8M11.2M12.2M14.4M13.3M13.9M
Total Stockholder Equity38.5M39.2M28.6M18.3M17.6M24.8M
Property Plant And Equipment Net26.1M26.3M27.4M25.3M21.7M22.8M
Net Debt5.0M(233K)7.6M7.3M3.4M3.6M
Retained Earnings(16.0M)(22.4M)(33.1M)(49.6M)(50.6M)(48.1M)
Accounts Payable8.6M9.2M9.6M11.6M9.7M10.1M
Cash2.2M7.6M1.5M351K3.4M3.3M
Non Current Assets Total41.3M37.3M34.5M25.8M22.3M16.9M
Non Currrent Assets Other1.2M38K34.5M1K572K543.4K
Cash And Short Term Investments2.2M7.6M1.5M351K3.4M3.3M
Net Receivables4.4M4.5M5.0M4.7M3.2M1.7M
Common Stock Total Equity42.5M46.4M54.0M61.1M70.2M73.7M
Common Stock Shares Outstanding239.8M290.1M351.9M408.9M437.1M459.0M
Liabilities And Stockholders Equity55.5M57.1M48.7M39.2M35.2M32.0M
Non Current Liabilities Total6.2M6.7M7.9M6.5M4.4M4.6M
Other Current Assets(1K)2.3M976K1.1M691K843.9K
Total Liab17.0M17.9M20.1M20.9M17.6M18.5M
Property Plant And Equipment Gross26.1M26.3M35.2M34.7M28.4M29.8M
Total Current Assets14.2M19.9M14.2M13.4M12.9M15.1M
Common Stock46.4M54.0M61.1M66.8M76.9M80.7M
Short Long Term Debt Total7.2M7.4M9.0M7.6M6.9M3.8M
Other Assets1.2M38K83.3M14K16.1K15.3K
Long Term Debt4.5M5.3M6.4M4.7M13K12.4K
Inventory6.9M6.8M6.8M7.1M5.6M3.8M
Other Stockholder Equity493K595K(33.1M)1.1M1.0M1.1M
Accumulated Other Comprehensive Income492K595K691K1.1M1.4M1.4M
Short Term Debt1.2M866K1.2M1.4M2.6M1.3M
Property Plant Equipment26.1M26.3M27.3M25.3M29.1M30.5M
Intangible Assets7.1M7.0M7.2M556K572K543.4K
Other Liab157K219K153K169K197.1K259.4K
Net Tangible Assets24.5M28.3M21.4M17.8M16.0M21.0M
Long Term Debt Total6.0M6.5M7.8M6.2M7.2M4.5M
Capital Lease Obligations1.9M1.6M1.5M1.9M4.6M4.8M
Short Long Term Debt765K539K1.0M1.0M2.3M2.4M
Cash And Equivalents2.2M7.6M1.5M351K315.9K300.1K

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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.