Calavo Growers Financials

CVGW Stock  USD 27.71  0.08  0.29%   
Based on the key indicators related to Calavo Growers' liquidity, profitability, solvency, and operating efficiency, Calavo Growers is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Calavo Growers' Non Currrent Assets Other are fairly stable compared to the past year. Long Term Debt is likely to climb to about 46.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 148 M in 2024. Key indicators impacting Calavo Growers' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.250.22
Moderately Up
Slightly volatile
Current Ratio1.561.88
Significantly Down
Slightly volatile
Investors should never underestimate Calavo Growers' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Calavo Growers' cash flow, debt, and profitability to make informed and accurate decisions about investing in Calavo Growers.

Net Income

(9.12 Million)

  
Understanding current and past Calavo Growers Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Calavo Growers' financial statements are interrelated, with each one affecting the others. For example, an increase in Calavo Growers' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Calavo Growers' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Calavo Growers. Check Calavo Growers' Beneish M Score to see the likelihood of Calavo Growers' management manipulating its earnings.

Calavo Growers Stock Summary

Calavo Growers competes with SpartanNash, Andersons, Chefs Warehouse, Hf Foods, and Performance Food. Calavo Growers, Inc. markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide. Calavo Growers, Inc. was founded in 1924 and is headquartered in Santa Paula, California. Calavo Growers operates under Food Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 3676 people.
Specialization
Consumer Defensive, Food, Beverage & Tobacco
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS1282461052
CUSIP128246105
LocationCalifornia; U.S.A
Business Address1141-A Cummings Road,
SectorFood Products
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websitewww.calavo.com
Phone805 525 1245
CurrencyUSD - US Dollar

Calavo Growers Key Financial Ratios

Calavo Growers Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets429.6M445.4M385.7M386.9M444.9M245.6M
Net Debt88.3M107.3M64.2M96.7M111.2M116.8M
Other Assets69.6M35.0M45.8M52.6M60.5M63.5M
Total Liab173.6M218.5M162.4M176.6M203.1M213.3M
Other Current Liab49.5M65.0M54.3M42.1M48.4M35.5M
Retained Earnings89.5M57.4M51.1M32.3M37.2M47.3M
Accounts Payable20.7M32.8M30.7M30.3M34.9M18.1M
Cash4.1M1.9M2.1M2.1M2.4M4.1M
Net Receivables80.0M78.9M59.0M61.4M70.6M52.1M
Inventory41.8M40.8M38.8M39.4M45.3M25.5M
Other Current Assets15.8M31.1M25.8M30.5M35.0M36.8M
Total Current Assets135.9M152.6M125.7M133.4M153.4M98.1M
Short Term Debt36.1M16.8M17.0M9.3M10.7M17.6M
Intangible Assets10.3M8.8M7.2M5.7M6.6M5.8M
Net Tangible Assets265.5M215.6M189.5M186.5M214.5M195.4M
Long Term Debt Total5.4M5.7M5.6M4.4M4.0M4.3M
Capital Surpluse161.6M165M168.1M171.2M196.9M144.8M

Calavo Growers Key Income Statement Accounts

The reason investors look at the income statement is to determine what Calavo Growers' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense877K798K1.7M2.5M2.9M3.0M
Total Revenue1.1B1.1B1.2B971.9M1.1B693.0M
Gross Profit89.9M57.4M73.8M70.0M80.4M73.7M
Operating Income(5.4M)(11.1M)(8.3M)428K385.2K365.9K
Ebit(11.1M)1.3M(1.1M)428K385.2K365.9K
Ebitda5.1M19.0M15.5M428K385.2K365.9K
Net Income(7.7M)(10.2M)(6.0M)(8.3M)(9.6M)(9.1M)
Income Tax Expense(4.3M)10.7M3.3M(5.9M)(5.3M)(5.1M)
Cost Of Revenue969.5M998.4M1.1B902.0M1.0B646.3M
Income Before Tax(12.0M)544K(2.8M)(1.1M)(1.3M)(1.3M)
Minority Interest(216K)(104K)(353K)(377K)(339.3K)(322.3K)
Tax Provision(4.3M)10.7M3.3M5.9M5.3M8.9M
Interest Income2.0M335K500K605K695.8K841.0K
Net Interest Income1.1M(463K)(1.2M)(1.9M)(1.7M)(1.6M)

Calavo Growers Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(3.9M)(1.2M)279K(282K)(253.8K)(241.1K)
Free Cash Flow17.5M2.1M40.5M(25.2M)(28.9M)(27.5M)
Other Non Cash Items50.3M1.2M9.5M1.4M1.6M1.5M
Capital Expenditures11.3M11.4M9.8M10.7M12.3M10.4M
Net Income(13.8M)(11.9M)(6.6M)(8.0M)(9.2M)(8.7M)
End Period Cash Flow4.1M2.9M3.1M2.9M3.3M4.1M
Change To Inventory(4.2M)412K1.8M(989K)(890.1K)(934.6K)
Depreciation16.1M17.6M16.6M17.3M19.9M20.9M
Dividends Paid19.4M20.3M20.3M(10.4M)(12.0M)(11.4M)
Change To Netincome24.1M45.8M6.4M3.9M4.5M7.4M
Investments(2.2M)2.1M18.5M(10.7M)(12.3M)(11.7M)
Net Borrowings(15.3M)19.6M15.8M(38.5M)(34.6M)(32.9M)

Calavo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Calavo Growers's current stock value. Our valuation model uses many indicators to compare Calavo Growers value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Calavo Growers competition to find correlations between indicators driving Calavo Growers's intrinsic value. More Info.
Calavo Growers is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Calavo Growers' Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Calavo Growers by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Calavo Growers Systematic Risk

Calavo Growers' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Calavo Growers volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Calavo Growers correlated with the market. If Beta is less than 0 Calavo Growers generally moves in the opposite direction as compared to the market. If Calavo Growers Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Calavo Growers is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Calavo Growers is generally in the same direction as the market. If Beta > 1 Calavo Growers moves generally in the same direction as, but more than the movement of the benchmark.

Calavo Growers Thematic Clasifications

Calavo Growers is part of Agriculture investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Agriculture industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
AgricultureView
This theme covers USA Equities from Agriculture industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Calavo Growers Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Calavo Growers' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Calavo Growers growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.7)

At this time, Calavo Growers' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Calavo Growers November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Calavo Growers help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Calavo Growers. We use our internally-developed statistical techniques to arrive at the intrinsic value of Calavo Growers based on widely used predictive technical indicators. In general, we focus on analyzing Calavo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Calavo Growers's daily price indicators and compare them against related drivers.

Additional Tools for Calavo Stock Analysis

When running Calavo Growers' price analysis, check to measure Calavo Growers' 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 Calavo Growers is operating at the current time. Most of Calavo Growers' value examination focuses on studying past and present price action to predict the probability of Calavo Growers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calavo Growers' price. Additionally, you may evaluate how the addition of Calavo Growers to your portfolios can decrease your overall portfolio volatility.