Central Inventory vs Net Receivables Analysis
CENT Stock | USD 34.09 1.00 2.85% |
Central Garden financial indicator trend analysis is way more than just evaluating Central Garden Pet prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Central Garden Pet is a good investment. Please check the relationship between Central Garden Inventory and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Garden Pet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Inventory vs Net Receivables
Inventory vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Garden Pet Inventory account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Central Garden's Inventory and Net Receivables is 0.71. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Central Garden Pet, assuming nothing else is changed. The correlation between historical values of Central Garden's Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Central Garden Pet are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Central Garden's Inventory and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Net Receivables
Most indicators from Central Garden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Central Garden Pet 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 Central Garden Pet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. At this time, Central Garden's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 6.56 in 2025, whereas Selling General Administrative is likely to drop slightly above 312.8 M in 2025.
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 57.0M | 57.5M | 66.2M | 37.1M | Depreciation And Amortization | 87.7M | 90.8M | 104.4M | 109.6M |
Central Garden fundamental ratios Correlations
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Central Garden Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Central Garden fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 3.1B | 3.3B | 3.4B | 3.6B | 4.1B | 4.3B | |
Short Long Term Debt Total | 1.4B | 1.4B | 1.4B | 1.4B | 1.6B | 1.7B | |
Other Current Liab | 235.0M | 201.8M | 216.2M | 245.2M | 282.0M | 296.1M | |
Total Current Liabilities | 522.3M | 465.9M | 458.0M | 515.4M | 592.7M | 622.3M | |
Total Stockholder Equity | 1.2B | 1.3B | 1.5B | 1.6B | 1.8B | 1.9B | |
Property Plant And Equipment Net | 494.2M | 583.3M | 565.3M | 584.3M | 671.9M | 705.5M | |
Net Debt | 930.2M | 1.2B | 885.7M | 666.9M | 766.9M | 805.3M | |
Retained Earnings | 646.1M | 755.3M | 859.4M | 959.5M | 1.1B | 1.2B | |
Accounts Payable | 245.5M | 215.7M | 190.9M | 212.6M | 244.5M | 138.8M | |
Cash | 426.4M | 177.4M | 488.7M | 753.6M | 866.6M | 909.9M | |
Non Current Assets Total | 1.6B | 1.7B | 1.7B | 1.7B | 1.9B | 2.0B | |
Non Currrent Assets Other | 575.0M | (130.8M) | 62.6M | 26.2M | 30.1M | 44.5M | |
Cash And Short Term Investments | 426.4M | 177.4M | 488.7M | 753.6M | 866.6M | 909.9M | |
Net Receivables | 385.4M | 376.8M | 332.9M | 326.2M | 375.2M | 215.7M | |
Common Stock Shares Outstanding | 55.2M | 54.4M | 53.4M | 66.9M | 76.9M | 44.1M | |
Liabilities And Stockholders Equity | 3.1B | 3.3B | 3.4B | 3.6B | 4.1B | 4.3B | |
Non Current Liabilities Total | 1.4B | 1.5B | 1.5B | 1.5B | 1.7B | 1.8B | |
Inventory | 685.2M | 938M | 838.2M | 757.9M | 871.6M | 915.2M | |
Other Current Assets | 46.6M | 61.6M | 47.3M | 49.1M | 56.5M | 38.4M | |
Other Stockholder Equity | 576.4M | 582.1M | 594.4M | 598.1M | 687.8M | 428.1M | |
Total Liab | 1.9B | 1.9B | 1.9B | 2.0B | 2.3B | 2.4B | |
Property Plant And Equipment Gross | 494.2M | 583.3M | 565.3M | 1.1B | 1.3B | 1.4B | |
Total Current Assets | 1.5B | 1.6B | 1.7B | 1.9B | 2.2B | 2.3B | |
Accumulated Other Comprehensive Income | (831K) | (4.1M) | (3.0M) | (2.6M) | (3.0M) | (3.2M) | |
Short Term Debt | 41.8M | 48.4M | 50.8M | 57.6M | 51.8M | 54.4M | |
Intangible Assets | 134.4M | 543.2M | 497.2M | 473.3M | 544.3M | 571.5M | |
Good Will | 290.0M | 369.4M | 546.4M | 551.4M | 634.1M | 320.1M | |
Common Stock Total Equity | 561K | 113.0 | 552K | 542K | 623.3K | 469.0K | |
Common Stock | 552K | 542K | 537K | 111K | 127.7K | 121.3K | |
Other Liab | 57.3M | 41.0M | 56.0M | 147.4M | 169.5M | 178.0M | |
Net Tangible Assets | 563.8M | 651.9M | 718.4M | 244.1M | 280.7M | 377.9M | |
Other Assets | 24K | 31K | 16.7M | 1.0 | 0.9 | 0.86 | |
Long Term Debt | 1.2B | 1.2B | 1.2B | 1.2B | 1.4B | 702.4M |
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When running Central Garden's price analysis, check to measure Central Garden'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 Central Garden is operating at the current time. Most of Central Garden's value examination focuses on studying past and present price action to predict the probability of Central Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Garden's price. Additionally, you may evaluate how the addition of Central Garden to your portfolios can decrease your overall portfolio volatility.