Fresh Depreciation And Amortization vs Income Tax Expense Analysis

FDP Stock  USD 25.62  0.12  0.47%   
Fresh Del financial indicator trend analysis is much more than just examining Fresh Del Monte latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fresh Del Monte is a good investment. Please check the relationship between Fresh Del Depreciation And Amortization and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fresh Del Monte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Depreciation And Amortization vs Income Tax Expense

Depreciation And Amortization vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fresh Del Monte Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fresh Del's Depreciation And Amortization and Income Tax Expense is -0.05. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Fresh Del Monte, assuming nothing else is changed. The correlation between historical values of Fresh Del's Depreciation And Amortization and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Fresh Del Monte are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Depreciation And Amortization i.e., Fresh Del's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Tax Expense

Most indicators from Fresh Del's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fresh Del Monte 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 Fresh Del Monte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At this time, Fresh Del's Selling General Administrative is relatively stable compared to the past year. As of 04/27/2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Tax Provision is likely to drop slightly above 17.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit303.8M340.2M350.7M329.4M
Total Revenue4.3B4.4B4.3B3.6B

Fresh Del fundamental ratios Correlations

0.720.110.940.870.980.750.890.51-0.860.99-0.14-0.860.94-0.160.580.780.940.440.860.860.560.940.460.52-0.16
0.720.160.880.30.751.00.330.32-0.540.77-0.63-0.540.54-0.5-0.080.980.570.150.340.970.50.550.70.75-0.5
0.110.160.190.110.080.150.08-0.31-0.060.08-0.21-0.060.15-0.420.210.050.14-0.170.20.10.780.160.69-0.36-0.42
0.940.880.190.680.930.90.710.46-0.780.95-0.36-0.780.83-0.310.370.90.850.380.690.960.610.850.620.65-0.31
0.870.30.110.680.820.341.00.43-0.790.810.25-0.790.930.090.840.380.920.480.960.50.470.930.20.140.09
0.980.750.080.930.820.780.840.49-0.880.98-0.18-0.880.92-0.280.490.810.90.320.840.870.580.90.50.49-0.28
0.751.00.150.90.340.780.380.34-0.590.8-0.6-0.590.58-0.5-0.040.980.60.180.380.980.510.580.690.74-0.5
0.890.330.080.711.00.840.380.42-0.80.840.23-0.80.920.110.810.420.920.470.930.530.450.930.210.20.11
0.510.32-0.310.460.430.490.340.42-0.50.480.16-0.50.57-0.130.350.420.50.250.470.440.180.53-0.10.38-0.13
-0.86-0.54-0.06-0.78-0.79-0.88-0.59-0.8-0.5-0.84-0.061.0-0.870.33-0.58-0.62-0.82-0.43-0.82-0.69-0.55-0.84-0.35-0.330.33
0.990.770.080.950.810.980.80.840.48-0.84-0.24-0.840.9-0.180.510.840.890.380.790.90.550.890.50.6-0.18
-0.14-0.63-0.21-0.360.25-0.18-0.60.230.16-0.06-0.24-0.060.040.350.39-0.60.10.090.2-0.53-0.190.08-0.47-0.520.34
-0.86-0.54-0.06-0.78-0.79-0.88-0.59-0.8-0.51.0-0.84-0.06-0.870.33-0.58-0.62-0.82-0.43-0.82-0.69-0.55-0.84-0.35-0.330.33
0.940.540.150.830.930.920.580.920.57-0.870.90.04-0.87-0.190.680.610.960.450.950.70.590.980.320.27-0.18
-0.16-0.5-0.42-0.310.09-0.28-0.50.11-0.130.33-0.180.350.33-0.190.26-0.43-0.090.23-0.12-0.4-0.61-0.11-0.580.011.0
0.58-0.080.210.370.840.49-0.040.810.35-0.580.510.39-0.580.680.260.010.640.40.790.140.420.690.03-0.150.26
0.780.980.050.90.380.810.980.420.42-0.620.84-0.6-0.620.61-0.430.010.60.180.40.990.460.590.610.79-0.43
0.940.570.140.850.920.90.60.920.5-0.820.890.1-0.820.96-0.090.640.60.470.90.70.550.990.380.31-0.09
0.440.15-0.170.380.480.320.180.470.25-0.430.380.09-0.430.450.230.40.180.470.410.26-0.130.53-0.170.360.23
0.860.340.20.690.960.840.380.930.47-0.820.790.2-0.820.95-0.120.790.40.90.410.520.60.930.280.05-0.12
0.860.970.10.960.50.870.980.530.44-0.690.9-0.53-0.690.7-0.40.140.990.70.260.520.530.70.630.76-0.4
0.560.50.780.610.470.580.510.450.18-0.550.55-0.19-0.550.59-0.610.420.460.55-0.130.60.530.550.8-0.08-0.61
0.940.550.160.850.930.90.580.930.53-0.840.890.08-0.840.98-0.110.690.590.990.530.930.70.550.340.3-0.1
0.460.70.690.620.20.50.690.21-0.1-0.350.5-0.47-0.350.32-0.580.030.610.38-0.170.280.630.80.340.21-0.58
0.520.75-0.360.650.140.490.740.20.38-0.330.6-0.52-0.330.270.01-0.150.790.310.360.050.76-0.080.30.210.01
-0.16-0.5-0.42-0.310.09-0.28-0.50.11-0.130.33-0.180.340.33-0.181.00.26-0.43-0.090.23-0.12-0.4-0.61-0.1-0.580.01
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Fresh Del Account Relationship Matchups

Fresh Del fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B3.3B3.4B3.5B3.2B2.6B
Short Long Term Debt Total722.3M685.2M702M737.3M598.2M424.1M
Other Current Liab8.9M7.9M14M220.8M490.6M515.1M
Total Current Liabilities562.9M554.8M629.2M607M540.6M450.8M
Total Stockholder Equity1.7B1.7B1.8B1.9B1.9B1.5B
Property Plant And Equipment Net1.6B1.6B1.6B1.5B1.5B1.1B
Net Debt689M668.7M685.9M720.1M564.4M389.6M
Retained Earnings1.3B1.3B1.3B1.4B1.3B985.2M
Accounts Payable522.2M266.5M320M295.9M243.1M330.3M
Cash33.3M16.5M16.1M17.2M33.8M25.1M
Non Current Assets Total2.3B2.3B2.3B2.2B2.0B1.6B
Non Currrent Assets Other49M46.9M57.9M70.9M60.7M68.1M
Cash And Short Term Investments33.3M16.5M16.1M17.2M33.8M25.1M
Net Receivables439M435.2M437.3M464.5M482.1M374.9M
Common Stock Shares Outstanding48.4M47.7M47.7M47.9M48.0M58.5M
Liabilities And Stockholders Equity3.3B3.3B3.4B3.5B3.2B2.6B
Non Current Liabilities Total988M988.6M895.4M876.9M730.8M599.8M
Inventory551.8M507.7M602.8M669M599.9M451.3M
Other Current Assets27.4M52.9M40.2M90.7M24M22.8M
Other Stockholder Equity531.4M533.1M541M548.1M597.7M508.9M
Total Liab1.6B1.5B1.5B1.5B1.3B1.1B
Property Plant And Equipment Gross1.6B1.4B1.6B1.5B2.5B2.7B
Total Current Assets1.1B1.0B1.1B1.2B1.1B913.3M
Accumulated Other Comprehensive Income(65.4M)(77M)(66.9M)(41.5M)(43.3M)(41.1M)
Short Term Debt32.8M29M38.3M42.9M50M52.5M
Intangible Assets158.2M150.4M142.8M135M33.3M31.6M
Other Liab268.2M281.8M231.7M182.5M209.9M175.9M
Other Assets149.3M337M111.7M118.3M136.0M123.5M
Long Term Debt586.8M541.8M527.7M547.1M406.1M362.6M
Good Will423.4M423.7M424M422.9M401.9M339.4M
Property Plant Equipment1.4B1.4B1.4B1.3B1.5B1.2B
Current Deferred Revenue100M245.3M260.1M47.4M(243.1M)(230.9M)
Net Tangible Assets1.2B1.2B1.3B1.4B1.3B1.2B
Noncontrolling Interest In Consolidated Entity25.8M24.5M21.7M20.9M18.8M22.8M
Retained Earnings Total Equity1.3B1.3B1.3B1.4B1.6B1.4B
Long Term Debt Total586.8M541.8M527.7M547.1M629.2M410.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fresh Del in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fresh Del's short interest history, or implied volatility extrapolated from Fresh Del options trading.

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When determining whether Fresh Del Monte is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fresh Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fresh Del Monte Stock. Highlighted below are key reports to facilitate an investment decision about Fresh Del Monte Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fresh Del Monte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Fresh Del Monte information on this page should be used as a complementary analysis to other Fresh Del's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Fresh Del's price analysis, check to measure Fresh Del'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 Fresh Del is operating at the current time. Most of Fresh Del's value examination focuses on studying past and present price action to predict the probability of Fresh Del's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fresh Del's price. Additionally, you may evaluate how the addition of Fresh Del to your portfolios can decrease your overall portfolio volatility.
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Is Fresh Del'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 Fresh Del. If investors know Fresh 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 Fresh Del 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
(0.75)
Dividend Share
0.75
Earnings Share
(0.24)
Revenue Per Share
90.054
Quarterly Revenue Growth
(0.03)
The market value of Fresh Del Monte is measured differently than its book value, which is the value of Fresh that is recorded on the company's balance sheet. Investors also form their own opinion of Fresh Del's value that differs from its market value or its book value, called intrinsic value, which is Fresh Del'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 Fresh Del's market value can be influenced by many factors that don't directly affect Fresh Del'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 Fresh Del's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fresh Del is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fresh Del'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.