Smithfield Common Stock Shares Outstanding vs Cash Analysis
| SFD Stock | 21.72 0.11 0.51% |
Smithfield Foods, financial indicator trend analysis is much more than just breaking down Smithfield Foods, Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smithfield Foods, Common is a good investment. Please check the relationship between Smithfield Foods, Common Stock Shares Outstanding and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smithfield Foods, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Common Stock Shares Outstanding vs Cash
Common Stock Shares Outstanding vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smithfield Foods, Common Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Smithfield Foods,'s Common Stock Shares Outstanding and Cash is 0.84. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of Smithfield Foods, Common, assuming nothing else is changed. The correlation between historical values of Smithfield Foods,'s Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Smithfield Foods, Common are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., Smithfield Foods,'s Common Stock Shares Outstanding and Cash go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash
Cash refers to the most liquid asset of Smithfield Foods, Common, which is listed under current asset account on Smithfield Foods, Common balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Smithfield Foods, customers. The amounts must be unrestricted with restricted cash listed in a different Smithfield Foods, account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Smithfield Foods,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smithfield Foods, Common 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Smithfield Foods, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. The current year's Enterprise Value is expected to grow to about 9.3 B, whereas Tax Provision is forecasted to decline to about 153.4 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Total Revenue | 16.2B | 14.6B | 14.1B | 8.1B | Depreciation And Amortization | 440M | 427M | 339M | 356.0M |
Smithfield Foods, fundamental ratios Correlations
Click cells to compare fundamentals
Smithfield Foods, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smithfield Foods, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 Smithfield Foods,. If investors know Smithfield 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 Smithfield Foods, 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 (0.18) | Dividend Share 0.75 | Earnings Share 2.22 | Revenue Per Share | Quarterly Revenue Growth 0.124 |
The market value of Smithfield Foods, Common is measured differently than its book value, which is the value of Smithfield that is recorded on the company's balance sheet. Investors also form their own opinion of Smithfield Foods,'s value that differs from its market value or its book value, called intrinsic value, which is Smithfield Foods,'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 Smithfield Foods,'s market value can be influenced by many factors that don't directly affect Smithfield Foods,'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 Smithfield Foods,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Smithfield Foods, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smithfield Foods,'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.