Central Total Revenue vs Property Plant Equipment Analysis

CENT Stock  USD 36.87  0.17  0.46%   
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 Total Revenue and its Property Plant Equipment 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 board of governors.

Total Revenue vs Property Plant Equipment

Total Revenue vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Garden Pet Total Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Central Garden's Total Revenue and Property Plant Equipment is 0.95. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Property Plant Equipment 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 Total Revenue and Property Plant Equipment 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 Revenue of Central Garden Pet are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Revenue i.e., Central Garden's Total Revenue and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Central Garden Pet generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Property Plant Equipment

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 board of governors.
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 7.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 310.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense58.3M57.0M65.6M36.4M
Depreciation And Amortization129.6M139.6M160.5M168.5M

Central Garden fundamental ratios Correlations

0.990.830.960.990.990.850.980.810.770.980.270.770.740.530.990.970.20.771.00.90.980.70.890.860.32
0.990.810.960.970.990.890.970.810.720.990.30.720.710.481.00.980.150.731.00.930.950.730.890.850.33
0.830.810.850.850.790.540.820.680.850.780.520.850.640.50.80.720.180.680.820.640.870.520.590.610.15
0.960.960.850.940.970.810.950.880.760.950.380.760.770.470.950.910.230.750.970.810.940.770.80.80.14
0.990.970.850.940.960.780.980.780.820.960.230.820.750.570.970.950.230.780.970.860.990.640.880.850.32
0.990.990.790.970.960.90.970.80.690.990.230.690.70.470.990.980.170.730.990.910.940.750.920.860.29
0.850.890.540.810.780.90.810.670.330.920.210.330.530.370.90.930.130.580.880.950.730.670.860.80.47
0.980.970.820.950.980.970.810.760.790.970.230.780.680.420.970.950.180.70.980.880.960.770.920.840.24
0.810.810.680.880.780.80.670.760.660.780.450.660.920.590.790.740.30.860.820.630.80.620.570.820.15
0.770.720.850.760.820.690.330.790.660.660.31.00.680.430.710.620.110.650.730.480.870.50.550.56-0.02
0.980.990.780.950.960.990.920.970.780.660.280.650.680.470.990.990.190.710.990.950.930.740.920.860.37
0.270.30.520.380.230.230.210.230.450.30.280.30.330.150.270.140.220.240.290.230.250.23-0.10.110.13
0.770.720.850.760.820.690.330.780.661.00.650.30.680.440.710.620.10.650.730.480.870.490.550.56-0.02
0.740.710.640.770.750.70.530.680.920.680.680.330.680.80.710.660.40.940.730.510.780.370.50.820.25
0.530.480.50.470.570.470.370.420.590.430.470.150.440.80.50.50.480.890.50.40.58-0.140.330.640.58
0.991.00.80.950.970.990.90.970.790.710.990.270.710.710.50.980.160.741.00.940.950.710.910.860.36
0.970.980.720.910.950.980.930.950.740.620.990.140.620.660.50.980.180.720.980.950.920.680.950.880.42
0.20.150.180.230.230.170.130.180.30.110.190.220.10.40.480.160.180.390.180.130.2-0.090.090.270.25
0.770.730.680.750.780.730.580.70.860.650.710.240.650.940.890.740.720.390.750.60.80.280.570.850.42
1.01.00.820.970.970.990.880.980.820.730.990.290.730.730.51.00.980.180.750.920.960.730.890.860.32
0.90.930.640.810.860.910.950.880.630.480.950.230.480.510.40.940.950.130.60.920.810.640.90.820.57
0.980.950.870.940.990.940.730.960.80.870.930.250.870.780.580.950.920.20.80.960.810.630.830.820.25
0.70.730.520.770.640.750.670.770.620.50.740.230.490.37-0.140.710.68-0.090.280.730.640.630.710.57-0.22
0.890.890.590.80.880.920.860.920.570.550.92-0.10.550.50.330.910.950.090.570.890.90.830.710.830.32
0.860.850.610.80.850.860.80.840.820.560.860.110.560.820.640.860.880.270.850.860.820.820.570.830.46
0.320.330.150.140.320.290.470.240.15-0.020.370.13-0.020.250.580.360.420.250.420.320.570.25-0.220.320.46
Click cells to compare fundamentals

Central Garden Account Relationship Matchups

Central Garden fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B3.1B3.3B3.4B3.9B4.1B
Short Long Term Debt Total814.1M1.4B1.4B1.4B1.6B1.7B
Other Current Liab201.4M235.0M54.4M216.2M248.7M261.1M
Total Current Liabilities440.3M522.3M465.9M458.0M526.7M553.0M
Total Stockholder Equity1.1B1.2B1.3B1.5B1.7B1.8B
Property Plant And Equipment Net360.5M494.2M583.3M565.3M650.1M682.6M
Net Debt161.4M930.2M1.2B885.7M1.0B1.1B
Retained Earnings510.8M646.1M755.3M859.4M988.3M1.0B
Accounts Payable205.2M245.5M215.7M190.9M219.5M135.0M
Cash652.7M426.4M177.4M488.7M562.0M590.1M
Non Current Assets Total814.1M1.6B1.7B1.7B1.9B2.0B
Non Currrent Assets Other28.7M575.0M(130.8M)62.6M71.9M45.1M
Cash And Short Term Investments652.7M426.4M177.4M488.7M562.0M590.1M
Net Receivables391.8M385.4M376.8M332.9M382.8M211.5M
Common Stock Shares Outstanding54.7M55.2M54.4M53.4M61.4M44.7M
Liabilities And Stockholders Equity2.3B3.1B3.3B3.4B3.9B4.1B
Non Current Liabilities Total821.4M1.4B1.5B1.5B1.7B1.8B
Inventory439.6M685.2M938M838.2M963.9M1.0B
Other Current Assets43.1M41.2M46.6M33.2M38.1M31.4M
Other Stockholder Equity566.9M576.4M582.1M594.4M683.6M419.0M
Total Liab1.3B1.9B1.9B1.9B2.2B2.3B
Property Plant And Equipment Gross244.7K494.2M583.3M565.3M650.1M682.6M
Total Current Assets1.5B1.5B1.6B1.7B2.0B2.1B
Accumulated Other Comprehensive Income(1.4M)(831K)(4.1M)(3.0M)(3.4M)(3.6M)
Short Term Debt33.6M41.8M48.4M50.8M45.8M48.0M
Intangible Assets134.9M134.4M543.2M497.2M571.8M600.4M
Good Will286.1M290.0M369.4M546.4M628.4M314.4M
Common Stock Total Equity561K113.0552K542K623.3K469.0K
Common Stock548K552K542K537K617.6K490.3K
Current Deferred Revenue(14.0M)57.3M41.0K147.4M169.5M178.0M
Other Liab57.3M41.0M56.0M147.4M169.5M178.0M
Net Tangible Assets563.8M651.9M718.4M244.1M280.7M377.9M
Other Assets37K24K31K16.7M19.2M15.4M
Long Term Debt694.0M1.2B1.2B1.2B1.4B1.4B

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