Freshpet Quick Ratio vs Receivables Turnover Analysis

FRPT Stock  USD 105.69  2.90  2.67%   
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 Quick Ratio and its Receivables Turnover 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.

Quick Ratio vs Receivables Turnover

Quick Ratio vs Receivables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freshpet Quick Ratio account and Receivables Turnover. At this time, the significance of the direction appears to have no relationship.
The correlation between Freshpet's Quick Ratio and Receivables Turnover is 0.04. Overlapping area represents the amount of variation of Quick Ratio that can explain the historical movement of Receivables Turnover in the same time period over historical financial statements of Freshpet, assuming nothing else is changed. The correlation between historical values of Freshpet's Quick Ratio and Receivables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Quick Ratio of Freshpet are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Quick Ratio i.e., Freshpet's Quick Ratio and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.

Receivables Turnover

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 Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 157.14 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.9M5.2M14.1M14.8M
Depreciation And Amortization30.5M36.3M58.5M61.4M

Freshpet fundamental ratios Correlations

0.750.950.970.97-0.371.00.19-0.950.760.961.00.98-0.080.910.960.980.610.710.770.990.730.970.851.00.99
0.750.820.660.59-0.110.720.75-0.70.210.880.720.71-0.310.560.880.660.250.340.990.710.780.590.980.790.83
0.950.820.950.89-0.380.940.33-0.930.660.940.940.95-0.110.830.940.950.590.680.820.950.870.90.890.960.97
0.970.660.950.97-0.410.980.1-0.930.840.890.980.98-0.080.890.890.990.630.760.670.980.760.960.770.960.94
0.970.590.890.97-0.440.98-0.04-0.940.850.880.980.970.010.920.880.980.680.770.60.980.630.990.70.960.93
-0.37-0.11-0.38-0.41-0.44-0.370.30.52-0.34-0.31-0.38-0.41-0.22-0.29-0.31-0.43-0.77-0.58-0.06-0.37-0.34-0.51-0.13-0.36-0.35
1.00.720.940.980.98-0.370.15-0.940.790.941.00.98-0.080.910.940.990.610.730.741.00.720.970.820.990.98
0.190.750.330.1-0.040.30.15-0.11-0.320.390.140.12-0.420.010.390.07-0.3-0.160.760.120.53-0.040.680.250.3
-0.95-0.7-0.93-0.93-0.940.52-0.94-0.11-0.69-0.9-0.94-0.960.06-0.81-0.9-0.96-0.78-0.78-0.68-0.95-0.75-0.96-0.76-0.94-0.94
0.760.210.660.840.85-0.340.79-0.32-0.690.560.790.780.020.780.560.830.590.740.240.80.410.820.370.720.66
0.960.880.940.890.88-0.310.940.39-0.90.560.940.93-0.140.841.00.90.510.560.890.940.760.880.940.970.99
1.00.720.940.980.98-0.381.00.14-0.940.790.940.98-0.070.920.940.990.620.730.731.00.710.980.820.990.98
0.980.710.950.980.97-0.410.980.12-0.960.780.930.98-0.160.860.930.990.630.730.710.990.720.970.790.980.97
-0.08-0.31-0.11-0.080.01-0.22-0.08-0.420.060.02-0.14-0.07-0.160.28-0.14-0.090.30.24-0.3-0.11-0.210.01-0.28-0.11-0.12
0.910.560.830.890.92-0.290.910.01-0.810.780.840.920.860.280.840.880.560.710.590.90.540.90.680.890.87
0.960.880.940.890.88-0.310.940.39-0.90.561.00.940.93-0.140.840.90.510.560.890.940.760.880.940.970.99
0.980.660.950.990.98-0.430.990.07-0.960.830.90.990.99-0.090.880.90.660.770.670.990.730.980.760.970.95
0.610.250.590.630.68-0.770.61-0.3-0.780.590.510.620.630.30.560.510.660.830.20.610.470.750.290.580.57
0.710.340.680.760.77-0.580.73-0.16-0.780.740.560.730.730.240.710.560.770.830.310.720.50.790.410.690.64
0.770.990.820.670.6-0.060.740.76-0.680.240.890.730.71-0.30.590.890.670.20.310.720.790.590.990.80.84
0.990.710.950.980.98-0.371.00.12-0.950.80.941.00.99-0.110.90.940.990.610.720.720.710.970.810.990.97
0.730.780.870.760.63-0.340.720.53-0.750.410.760.710.72-0.210.540.760.730.470.50.790.710.650.830.750.77
0.970.590.90.960.99-0.510.97-0.04-0.960.820.880.980.970.010.90.880.980.750.790.590.970.650.70.950.93
0.850.980.890.770.7-0.130.820.68-0.760.370.940.820.79-0.280.680.940.760.290.410.990.810.830.70.880.9
1.00.790.960.960.96-0.360.990.25-0.940.720.970.990.98-0.110.890.970.970.580.690.80.990.750.950.880.99
0.990.830.970.940.93-0.350.980.3-0.940.660.990.980.97-0.120.870.990.950.570.640.840.970.770.930.90.99
Click cells to compare fundamentals

Freshpet Account Relationship Matchups

Freshpet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets236.1M434.4M784.4M1.1B1.5B1.5B
Other Current Liab22.1M15.4M15.0M33.0M49.8M52.3M
Total Current Liabilities42.0M33.1M58.9M89.6M89.2M93.7M
Total Stockholder Equity131.3M394.2M719.8M1.0B953.5M1.0B
Property Plant And Equipment Net174.4M288.9M594.6M809.6M984.7M1.0B
Net Debt54.6M(58.9M)(65.7M)(127.0M)128.2M134.6M
Retained Earnings(202.7M)(205.9M)(235.6M)(295.1M)(328.7M)(345.2M)
Accounts Payable18.7M16.5M42.6M55.1M36.1M20.3M
Cash9.5M67.2M72.8M132.7M296.9M311.7M
Non Current Assets Total181.8M325.3M634.1M863.4M1.0B1.1B
Non Currrent Assets Other7.4M8.5M13.7M28.4M28.9M30.3M
Other Assets7.4M44.2M17.8M1K1.2K1.1K
Cash And Short Term Investments9.5M67.2M72.8M132.7M296.9M311.7M
Net Receivables18.6M18.4M34.8M57.6M56.8M59.6M
Common Stock Total Equity35.6K36.2K41K43K49.5K34.4K
Common Stock Shares Outstanding36.0M39.8M42.9M46.2M48.2M37.2M
Liabilities And Stockholders Equity236.1M434.4M784.4M1.1B1.5B1.5B
Non Current Liabilities Total62.9M7.1M5.7M4.2M421.7M442.8M
Inventory12.5M19.1M35.6M58.3M63.2M66.4M
Other Current Assets10.5M914K1.3M3.6M10.5M11.0M
Other Stockholder Equity334.0M600.1M955.5M1.3B1.3B1.3B
Total Liab104.9M40.2M64.7M93.8M511.0M536.5M
Property Plant And Equipment Gross174.4M288.9M583.9M809.6M1.2B1.2B
Total Current Assets54.3M109.1M150.3M262.0M427.3M448.7M
Accumulated Other Comprehensive Income(79.2K)(80K)(120K)1.4M(591K)(620.6K)
Common Stock36.2K41K43K48K55.2K37.5K
Property Plant Equipment174.4M281.1M590.5M805.8M926.6M972.9M
Net Tangible Assets131.3M394.2M719.8M1.0B1.2B1.2B
Retained Earnings Total Equity(196.0M)(201.4M)(205.9M)(235.6M)(212.1M)(222.7M)
Capital Surpluse323.1M334.3M600.4M955.7M1.1B1.2B
Net Invested Capital185.7M394.2M719.8M1.0B1.3B1.4B
Net Working Capital12.3M76.0M91.4M172.4M338.1M355.0M

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When determining whether Freshpet 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 Freshpet 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 Freshpet Stock. Highlighted below are key reports to facilitate an investment decision about Freshpet Stock:
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.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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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Is Freshpet'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 Freshpet. If investors know Freshpet 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 Freshpet 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
0.093
Earnings Share
(0.69)
Revenue Per Share
15.923
Quarterly Revenue Growth
0.299
Return On Assets
(0.01)
The market value of Freshpet is measured differently than its book value, which is the value of Freshpet that is recorded on the company's balance sheet. Investors also form their own opinion of Freshpet's value that differs from its market value or its book value, called intrinsic value, which is Freshpet'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 Freshpet's market value can be influenced by many factors that don't directly affect Freshpet'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 Freshpet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freshpet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freshpet'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.