TasFoods Total Other Income Expense Net vs Discontinued Operations 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 Total Other Income Expense Net and its Discontinued Operations 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.
Total Other Income Expense Net vs Discontinued Operations
Total Other Income Expense Net vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TasFoods Total Other Income Expense Net account and Discontinued Operations. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TasFoods' Total Other Income Expense Net and Discontinued Operations is 0.56. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of TasFoods, assuming nothing else is changed. The correlation between historical values of TasFoods' Total Other Income Expense Net and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of TasFoods are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Total Other Income Expense Net i.e., TasFoods' Total Other Income Expense Net and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Other Income Expense Net
Discontinued Operations
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 |
TasFoods fundamental ratios Correlations
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TasFoods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 17.2M | |
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 | 15.3M | |
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 | 3.1M | |
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 |
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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.