Cal Net Debt vs Payout Ratio Analysis

CALM Stock

USD 93.97 3.54 3.91%

Cal Maine financial indicator trend analysis is way more than just evaluating Cal Maine Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cal Maine Foods is a good investment. Please check the relationship between Cal Maine Net Debt and its Payout Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Debt vs Payout Ratio

Net Debt vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cal Maine Foods Net Debt account and Payout Ratio. At this time, the significance of the direction appears to have weak relationship.

The correlation between Cal Maine's Net Debt and Payout Ratio is 0.38. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Cal Maine Foods, assuming nothing else is changed. The correlation between historical values of Cal Maine's Net Debt and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Cal Maine Foods are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Net Debt i.e., Cal Maine's Net Debt and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Payout Ratio

Payout Ratio is the proportion of Cal Maine Foods earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Cal Maine Foods dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Cal Maine Foods is paying out more in dividends than it makes in net income.

Most indicators from Cal Maine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cal Maine Foods 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, Cal Maine's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 19th of November 2024, Enterprise Value Over EBITDA is likely to grow to 9.19, while Tax Provision is likely to drop about 62.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	337.1M	1.2B	541.6M	568.6M
Total Revenue	1.8B	3.1B	2.3B	2.4B

Gross Profit Total Revenue

Cal Maine fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	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 Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Good Will
Total Assets		-0.74	0.73	0.81	1.0	0.97	-0.92	1.0	0.24	0.86	0.96	-0.13	0.9	0.82	-0.53	0.81	0.93	-0.41	0.42	-0.12	0.94	0.98	-0.54	0.58	0.58	0.64
Short Long Term Debt Total	-0.74		-0.18	-0.28	-0.78	-0.82	0.67	-0.78	-0.16	-0.48	-0.87	0.37	-0.47	-0.65	0.36	-0.57	-0.77	0.68	-0.45	0.26	-0.66	-0.61	0.73	-0.79	-0.8	-0.72
Other Current Liab	0.73	-0.18		0.96	0.69	0.64	-0.65	0.69	0.38	0.72	0.59	0.23	0.77	0.67	-0.45	0.58	0.68	-0.09	0.18	-0.04	0.76	0.81	-0.23	0.13	0.13	0.36
Total Current Liabilities	0.81	-0.28	0.96		0.76	0.74	-0.72	0.76	0.3	0.77	0.69	0.13	0.8	0.76	-0.46	0.69	0.77	-0.1	0.25	-0.09	0.86	0.86	-0.29	0.2	0.19	0.41
Total Stockholder Equity	1.0	-0.78	0.69	0.76		0.97	-0.92	1.0	0.24	0.85	0.97	-0.15	0.89	0.79	-0.53	0.79	0.93	-0.45	0.43	-0.13	0.92	0.97	-0.56	0.61	0.62	0.66
Property Plant And Equipment Net	0.97	-0.82	0.64	0.74	0.97		-0.88	0.97	0.21	0.79	0.99	-0.12	0.78	0.87	-0.49	0.82	0.96	-0.51	0.48	-0.17	0.94	0.91	-0.66	0.62	0.62	0.69
Net Debt	-0.92	0.67	-0.65	-0.72	-0.92	-0.88		-0.92	-0.09	-0.97	-0.85	0.24	-0.87	-0.7	0.32	-0.8	-0.84	0.41	-0.52	0.35	-0.89	-0.92	0.63	-0.45	-0.45	-0.55
Retained Earnings	1.0	-0.78	0.69	0.76	1.0	0.97	-0.92		0.23	0.85	0.97	-0.15	0.89	0.79	-0.52	0.79	0.93	-0.45	0.43	-0.13	0.92	0.97	-0.56	0.61	0.61	0.65
Accounts Payable	0.24	-0.16	0.38	0.3	0.24	0.21	-0.09	0.23		0.04	0.24	0.3	0.14	0.33	-0.7	0.18	0.36	-0.02	-0.52	0.27	0.12	0.22	0.08	0.47	0.45	0.61
Cash	0.86	-0.48	0.72	0.77	0.85	0.79	-0.97	0.85	0.04		0.75	-0.16	0.89	0.62	-0.26	0.75	0.76	-0.28	0.49	-0.33	0.86	0.91	-0.51	0.26	0.26	0.39
Non Current Assets Total	0.96	-0.87	0.59	0.69	0.97	0.99	-0.85	0.97	0.24	0.75		-0.17	0.76	0.85	-0.54	0.79	0.95	-0.5	0.43	-0.17	0.9	0.88	-0.66	0.68	0.68	0.73
Non Currrent Assets Other	-0.13	0.37	0.23	0.13	-0.15	-0.12	0.24	-0.15	0.3	-0.16	-0.17		-0.08	-0.03	-0.06	-0.19	-0.11	0.12	-0.19	0.26	-0.11	-0.09	0.21	-0.15	-0.14	-0.08
Cash And Short Term Investments	0.9	-0.47	0.77	0.8	0.89	0.78	-0.87	0.89	0.14	0.89	0.76	-0.08		0.55	-0.4	0.66	0.71	-0.25	0.38	-0.06	0.81	0.96	-0.3	0.35	0.35	0.38
Net Receivables	0.82	-0.65	0.67	0.76	0.79	0.87	-0.7	0.79	0.33	0.62	0.85	-0.03	0.55		-0.51	0.83	0.94	-0.34	0.3	-0.03	0.88	0.75	-0.53	0.54	0.55	0.73
Common Stock Shares Outstanding	-0.53	0.36	-0.45	-0.46	-0.53	-0.49	0.32	-0.52	-0.7	-0.26	-0.54	-0.06	-0.4	-0.51		-0.43	-0.6	-0.19	0.49	-0.3	-0.32	-0.49	-0.04	-0.57	-0.56	-0.68
Non Current Liabilities Total	0.81	-0.57	0.58	0.69	0.79	0.82	-0.8	0.79	0.18	0.75	0.79	-0.19	0.66	0.83	-0.43		0.84	-0.18	0.24	0.0	0.83	0.78	-0.42	0.55	0.55	0.73
Inventory	0.93	-0.77	0.68	0.77	0.93	0.96	-0.84	0.93	0.36	0.76	0.95	-0.11	0.71	0.94	-0.6	0.84		-0.44	0.33	-0.14	0.91	0.87	-0.59	0.62	0.62	0.77
Other Current Assets	-0.41	0.68	-0.09	-0.1	-0.45	-0.51	0.41	-0.45	-0.02	-0.28	-0.5	0.12	-0.25	-0.34	-0.19	-0.18	-0.44		-0.72	0.41	-0.46	-0.33	0.71	-0.32	-0.35	-0.29
Other Stockholder Equity	0.42	-0.45	0.18	0.25	0.43	0.48	-0.52	0.43	-0.52	0.49	0.43	-0.19	0.38	0.3	0.49	0.24	0.33	-0.72		-0.51	0.58	0.4	-0.69	-0.03	-0.01	-0.11
Total Liab	-0.12	0.26	-0.04	-0.09	-0.13	-0.17	0.35	-0.13	0.27	-0.33	-0.17	0.26	-0.06	-0.03	-0.3	0.0	-0.14	0.41	-0.51		-0.21	-0.08	0.68	0.09	0.09	0.02
Property Plant And Equipment Gross	0.94	-0.66	0.76	0.86	0.92	0.94	-0.89	0.92	0.12	0.86	0.9	-0.11	0.81	0.88	-0.32	0.83	0.91	-0.46	0.58	-0.21		0.92	-0.61	0.42	0.42	0.55
Total Current Assets	0.98	-0.61	0.81	0.86	0.97	0.91	-0.92	0.97	0.22	0.91	0.88	-0.09	0.96	0.75	-0.49	0.78	0.87	-0.33	0.4	-0.08	0.92		-0.42	0.47	0.47	0.55
Short Term Debt	-0.54	0.73	-0.23	-0.29	-0.56	-0.66	0.63	-0.56	0.08	-0.51	-0.66	0.21	-0.3	-0.53	-0.04	-0.42	-0.59	0.71	-0.69	0.68	-0.61	-0.42		-0.34	-0.36	-0.42
Common Stock Total Equity	0.58	-0.79	0.13	0.2	0.61	0.62	-0.45	0.61	0.47	0.26	0.68	-0.15	0.35	0.54	-0.57	0.55	0.62	-0.32	-0.03	0.09	0.42	0.47	-0.34		1.0	0.86
Common Stock	0.58	-0.8	0.13	0.19	0.62	0.62	-0.45	0.61	0.45	0.26	0.68	-0.14	0.35	0.55	-0.56	0.55	0.62	-0.35	-0.01	0.09	0.42	0.47	-0.36	1.0		0.85
Good Will	0.64	-0.72	0.36	0.41	0.66	0.69	-0.55	0.65	0.61	0.39	0.73	-0.08	0.38	0.73	-0.68	0.73	0.77	-0.29	-0.11	0.02	0.55	0.55	-0.42	0.86	0.85

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Cal Maine Account Relationship Matchups

Cal Maine fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.2B	1.4B	2.0B	2.2B	2.3B
Short Long Term Debt Total	3.4M	2.4M	1.4M	918K	826.2K	784.9K
Other Current Liab	36.3M	36.4M	76.9M	91.9M	108.5M	114.0M
Total Current Liabilities	93.2M	90.1M	184.7M	182.7M	227.7M	239.1M
Total Stockholder Equity	1.0B	1.0B	1.1B	1.6B	1.8B	1.9B
Property Plant And Equipment Net	557.4M	591.7M	679.2M	744.5M	857.2M	900.1M
Net Debt	(74.7M)	(55.0M)	(57.6M)	(291.9M)	(237.9M)	(226.0M)
Retained Earnings	975.1M	976.0M	1.1B	1.6B	1.8B	1.8B
Accounts Payable	92.2M	52.8M	82.0M	82.6M	75.9M	53.0M
Cash	78.1M	57.4M	59.1M	292.8M	237.9M	249.8M
Non Current Assets Total	684.4M	709.2M	766.0M	829.6M	957.1M	1.0B
Non Currrent Assets Other	127.1M	(6.1M)	(688K)	1.5M	26.9M	31.5M
Cash And Short Term Investments	232.3M	169.5M	174.5M	647.9M	812.4M	853.0M
Net Receivables	98.4M	126.6M	219.4M	187.2M	162.4M	170.6M
Common Stock Shares Outstanding	48.6M	48.7M	48.7M	48.8M	48.9M	45.0M
Liabilities And Stockholders Equity	1.2B	1.2B	1.4B	2.0B	2.2B	2.3B
Non Current Liabilities Total	103.8M	126.3M	138.5M	162.2M	174.1M	124.1M
Inventory	187.2M	218.4M	263.3M	284.4M	261.8M	274.9M
Other Current Assets	4.4M	5.4M	4.3M	5.4M	5.2M	5.0M
Other Stockholder Equity	33.7M	36.6M	39.5M	42.1M	44.8M	58.8M
Total Liab	197.0M	216.4M	323.1M	344.9M	401.9M	361.7M
Property Plant And Equipment Gross	560.6M	591.7M	1.4B	1.5B	1.7B	1.7B
Total Current Assets	522.3M	519.9M	661.5M	1.1B	1.2B	1.3B
Accumulated Other Comprehensive Income	79K	(558K)	(1.6M)	(2.9M)	(1.8M)	(1.9M)
Short Term Debt	1.7M	1.0M	906K	696K	626.4K	595.1K
Intangible Assets	22.8M	20.3M	18.1M	15.9M	16.0M	12.6M
Other Liab	90.7M	101.4M	124.8M	137.7M	158.4M	166.3M
Other Assets	2.0M	1.8M	2.7M	5.4M	6.2M	4.2M
Treasury Stock	(26.7M)	(27.4M)	(28.4M)	(30.0M)	(27.0M)	(28.4M)
Property Plant Equipment	560.6M	591.7M	677.8M	744.5M	856.2M	899.0M
Short Term Investments	154.2M	112.2M	115.4M	355.1M	574.5M	603.2M
Net Tangible Assets	951.3M	956.9M	1.0B	1.6B	1.8B	938.4M
Noncontrolling Interest In Consolidated Entity	2.3M	3.2M	(206K)	(1.5M)	(1.3M)	(1.3M)
Retained Earnings Total Equity	975.1M	976.0M	1.1B	1.6B	1.8B	1.9B

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When determining whether Cal Maine Foods is a strong investment it is important to analyze Cal Maine's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cal Maine's future performance. For an informed investment choice regarding Cal Stock, refer to the following important reports:

How To Invest In Cal

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Is Cal Stock a good investment?

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What is Cal Maine's Net Worth?

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Largest Packaged Foods & Meats Companies

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Largest Food, Beverage & Tobacco Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Is Packaged Foods & Meats space 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 Cal Maine. If investors know Cal 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 Cal Maine 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

159.9

Dividend Share

2.902

Earnings Share

8.73

Revenue Per Share

54.437

Quarterly Revenue Growth

0.711

The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine'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 Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine'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 Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine'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.

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Cal Net Debt vs Payout Ratio Analysis

Net Debt vs Payout Ratio

Net Debt vs Payout Ratio Correlation Analysis

Correlation Coefficient

Net Debt

Payout Ratio

Cal Maine fundamental ratios Correlations

Cal Maine Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cal Maine fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Total Assets

Cash	- 0.97	Net Debt
Total Current Assets	- 0.92	Net Debt
Retained Earnings	- 0.92	Net Debt
Net Debt	- 0.92	Total Stockholder Equity
Net Debt	- 0.92	Total Assets
Property Plant And Equipment Gross	- 0.89	Net Debt