ADF Operating Income vs Total Operating Expenses Analysis

ADFFOODS

332.65 0.30 0.09%

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

Operating Income vs Total Operating Expenses

Operating Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADF Foods Limited Operating Income account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.

The correlation between ADF Foods' Operating Income and Total Operating Expenses is 0.88. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of ADF Foods Limited, assuming nothing else is changed. The correlation between historical values of ADF Foods' Operating Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of ADF Foods Limited are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., ADF Foods' Operating Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Operating Income

Operating Income is the amount of profit realized from ADF Foods Limited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ADF Foods Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from ADF Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADF Foods Limited 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 ADF Foods Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

As of December 2, 2024, Selling General Administrative is expected to decline to about 105 M. In addition to that, Tax Provision is expected to decline to about 156.6 M

	2021	2022	2023	2024 (projected)
Gross Profit	2.0B	2.4B	2.6B	2.7B
Total Revenue	4.1B	4.5B	5.0B	5.3B

Gross Profit Total Revenue

ADF Foods 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Investments	Intangible Assets	Current Deferred Revenue	Retained Earnings	Accounts Payable	Net Receivables	Short Term Debt
Total Assets		0.8	0.0	0.56	0.99	0.86	0.04	0.94	0.83	0.37	0.98	0.47	0.89	0.7	0.0	-0.03	0.78	0.99	0.45	0.9	-0.55	0.14	0.86	0.7	0.84	-0.39
Short Long Term Debt Total	0.8		0.17	0.62	0.74	0.75	0.59	0.7	0.72	0.46	0.82	0.26	0.9	0.48	0.19	0.02	0.86	0.78	0.28	0.83	-0.22	0.16	0.64	0.42	0.58	0.13
Other Current Liab	0.0	0.17		0.42	-0.05	0.06	0.24	-0.02	0.07	-0.15	0.03	0.13	0.05	-0.03	0.46	-0.36	0.26	-0.01	0.09	0.03	-0.08	-0.55	-0.02	-0.14	-0.07	0.51
Total Current Liabilities	0.56	0.62	0.42		0.51	0.52	0.27	0.51	0.57	0.43	0.55	0.54	0.41	0.69	0.37	-0.33	0.79	0.59	0.55	0.47	-0.17	-0.18	0.54	0.59	0.53	0.1
Total Stockholder Equity	0.99	0.74	-0.05	0.51		0.84	-0.03	0.93	0.82	0.35	0.97	0.48	0.86	0.7	-0.03	-0.02	0.73	0.99	0.45	0.89	-0.57	0.13	0.87	0.7	0.85	-0.45
Property Plant And Equipment Net	0.86	0.75	0.06	0.52	0.84		0.17	0.77	0.96	0.5	0.86	0.35	0.85	0.69	0.0	0.07	0.89	0.84	0.31	0.84	-0.5	0.23	0.93	0.62	0.87	-0.33
Net Debt	0.04	0.59	0.24	0.27	-0.03	0.17		-0.17	0.19	0.45	0.1	-0.11	0.29	-0.12	0.34	0.09	0.37	0.0	0.0	0.26	0.43	0.0	-0.05	-0.28	-0.15	0.63
Cash	0.94	0.7	-0.02	0.51	0.93	0.77	-0.17		0.71	0.17	0.91	0.41	0.85	0.69	-0.08	-0.04	0.72	0.95	0.35	0.78	-0.64	0.2	0.83	0.76	0.84	-0.4
Non Current Assets Total	0.83	0.72	0.07	0.57	0.82	0.96	0.19	0.71		0.56	0.81	0.55	0.79	0.65	0.15	0.16	0.88	0.79	0.53	0.76	-0.35	0.23	0.85	0.54	0.78	-0.4
Non Currrent Assets Other	0.37	0.46	-0.15	0.43	0.35	0.5	0.45	0.17	0.56		0.41	0.36	0.37	0.54	0.04	0.16	0.56	0.36	0.39	0.49	0.08	0.4	0.4	0.36	0.32	-0.15
Cash And Short Term Investments	0.98	0.82	0.03	0.55	0.97	0.86	0.1	0.91	0.81	0.41		0.38	0.91	0.69	-0.06	-0.01	0.8	0.98	0.35	0.96	-0.54	0.2	0.88	0.68	0.85	-0.27
Common Stock Shares Outstanding	0.47	0.26	0.13	0.54	0.48	0.35	-0.11	0.41	0.55	0.36	0.38		0.26	0.38	0.37	0.23	0.41	0.43	0.98	0.21	0.01	0.06	0.26	0.27	0.23	-0.47
Non Current Liabilities Total	0.89	0.9	0.05	0.41	0.86	0.85	0.29	0.85	0.79	0.37	0.91	0.26		0.53	-0.04	0.14	0.81	0.87	0.22	0.88	-0.46	0.31	0.77	0.51	0.72	-0.16
Inventory	0.7	0.48	-0.03	0.69	0.7	0.69	-0.12	0.69	0.65	0.54	0.69	0.38	0.53		-0.18	-0.35	0.74	0.76	0.3	0.6	-0.66	0.09	0.85	0.95	0.86	-0.4
Other Current Assets	0.0	0.19	0.46	0.37	-0.03	0.0	0.34	-0.08	0.15	0.04	-0.06	0.37	-0.04	-0.18		-0.16	0.14	-0.06	0.46	-0.1	0.39	-0.47	-0.18	-0.27	-0.26	0.22
Other Stockholder Equity	-0.03	0.02	-0.36	-0.33	-0.02	0.07	0.09	-0.04	0.16	0.16	-0.01	0.23	0.14	-0.35	-0.16		-0.03	-0.1	0.23	0.0	0.48	0.74	-0.17	-0.35	-0.19	-0.18
Total Liab	0.78	0.86	0.26	0.79	0.73	0.89	0.37	0.72	0.88	0.56	0.8	0.41	0.81	0.74	0.14	-0.03		0.78	0.38	0.76	-0.37	0.19	0.82	0.63	0.77	-0.04
Total Current Assets	0.99	0.78	-0.01	0.59	0.99	0.84	0.0	0.95	0.79	0.36	0.98	0.43	0.87	0.76	-0.06	-0.1	0.78		0.4	0.9	-0.6	0.12	0.89	0.77	0.88	-0.37
Common Stock	0.45	0.28	0.09	0.55	0.45	0.31	0.0	0.35	0.53	0.39	0.35	0.98	0.22	0.3	0.46	0.23	0.38	0.4		0.21	0.14	0.02	0.21	0.19	0.17	-0.42
Short Term Investments	0.9	0.83	0.03	0.47	0.89	0.84	0.26	0.78	0.76	0.49	0.96	0.21	0.88	0.6	-0.1	0.0	0.76	0.9	0.21		-0.45	0.2	0.83	0.57	0.79	-0.13
Intangible Assets	-0.55	-0.22	-0.08	-0.17	-0.57	-0.5	0.43	-0.64	-0.35	0.08	-0.54	0.01	-0.46	-0.66	0.39	0.48	-0.37	-0.6	0.14	-0.45		0.13	-0.71	-0.72	-0.75	0.37
Current Deferred Revenue	0.14	0.16	-0.55	-0.18	0.13	0.23	0.0	0.2	0.23	0.4	0.2	0.06	0.31	0.09	-0.47	0.74	0.19	0.12	0.02	0.2	0.13		0.15	0.13	0.17	-0.26
Retained Earnings	0.86	0.64	-0.02	0.54	0.87	0.93	-0.05	0.83	0.85	0.4	0.88	0.26	0.77	0.85	-0.18	-0.17	0.82	0.89	0.21	0.83	-0.71	0.15		0.82	0.99	-0.39
Accounts Payable	0.7	0.42	-0.14	0.59	0.7	0.62	-0.28	0.76	0.54	0.36	0.68	0.27	0.51	0.95	-0.27	-0.35	0.63	0.77	0.19	0.57	-0.72	0.13	0.82		0.87	-0.43
Net Receivables	0.84	0.58	-0.07	0.53	0.85	0.87	-0.15	0.84	0.78	0.32	0.85	0.23	0.72	0.86	-0.26	-0.19	0.77	0.88	0.17	0.79	-0.75	0.17	0.99	0.87		-0.41
Short Term Debt	-0.39	0.13	0.51	0.1	-0.45	-0.33	0.63	-0.4	-0.4	-0.15	-0.27	-0.47	-0.16	-0.4	0.22	-0.18	-0.04	-0.37	-0.42	-0.13	0.37	-0.26	-0.39	-0.43	-0.41

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ADF Foods Account Relationship Matchups

ADF Foods fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	3.3B	4.7B	5.3B	5.6B	5.8B
Short Long Term Debt Total	247.9M	6.2M	699.2M	552.5M	558.6M	586.5M
Other Current Liab	377.3M	599K	127.7M	131.1M	183.6M	116.6M
Total Current Liabilities	588.2M	450.9M	558.1M	431.0M	525.7M	361.5M
Total Stockholder Equity	2.0B	2.7B	3.4B	4.2B	4.4B	4.6B
Property Plant And Equipment Net	582.2M	562.3M	1.2B	1.4B	1.4B	733.7M
Net Debt	39.7M	(392.8M)	156.8M	153.7M	(38.3M)	(40.2M)
Cash	202.1M	398.4M	542.4M	398.8M	596.9M	626.7M
Non Current Assets Total	943.7M	882.9M	1.7B	2.0B	2.1B	1.1B
Non Currrent Assets Other	252.6M	445.7M	884.2M	1.3B	139.2M	132.2M
Cash And Short Term Investments	497.4M	771.9M	1.1B	1.6B	1.4B	1.5B
Common Stock Shares Outstanding	102.7M	100.1M	104.5M	109.9M	109.9M	110.3M
Liabilities And Stockholders Equity	2.7B	3.3B	4.7B	5.3B	5.6B	5.8B
Non Current Liabilities Total	86.4M	84.0M	692.2M	603.0M	614.7M	645.4M
Inventory	546.5M	729.4M	762.1M	631.2M	530.2M	360.5M
Other Current Assets	731.3M	544K	382.8M	304.1M	452.8M	391.2M
Other Stockholder Equity	(1.8B)	216.7M	552.6M	899.3M	906.9M	567.6M
Total Liab	674.6M	535.0M	1.3B	1.0B	1.1B	584.4M
Total Current Assets	1.8B	2.4B	3.0B	3.3B	3.5B	3.7B
Accumulated Other Comprehensive Income	(178.3M)	301.2M	232.9M	159.7M	178.0M	186.9M
Short Term Investments	295.3M	373.5M	596.1M	1.2B	836.5M	878.3M
Intangible Assets	213.5M	213.5M	213.8M	244.1M	218.0M	235.9M
Current Deferred Revenue	(243.5M)	96.3M	144.5M	129.7M	8.8M	8.3M
Retained Earnings	1.5B	2.0B	2.4B	2.9B	3.1B	1.6B
Accounts Payable	212.6M	348.5M	316.0M	224.1M	239.3M	196.4M
Net Receivables	604.4M	885.3M	889.2M	942.6M	1.1B	661.2M
Short Term Debt	241.8M	5.6M	97.1M	64.0M	71.6M	79.1M
Other Liab	101.4M	78.5M	83.5M	90.1M	81.1M	75.5M
Net Tangible Assets	1.5B	1.8B	2.5B	3.0B	3.4B	1.8B
Other Assets	148.4M	107.1M	108.5M	46.7M	42.1M	39.9M
Property Plant Equipment	582.2M	562.3M	1.2B	1.4B	1.6B	1.6B
Long Term Debt Total	6.2M	581K	602.1M	495.5M	569.8M	598.3M
Deferred Long Term Liab	1.0M	862K	509K	157K	141.3K	134.2K
Net Invested Capital	2.3B	2.7B	3.6B	4.2B	4.4B	3.3B
Net Working Capital	1.2B	1.9B	2.4B	2.9B	3.0B	2.1B

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Other Information on Investing in ADF Stock

Balance Sheet is a snapshot of the financial position of ADF Foods Limited at a specified time, usually calculated after every quarter, six months, or one year. ADF Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ADF Foods and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ADF currently owns. An asset can also be divided into two categories, current and non-current.

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ADF Operating Income vs Total Operating Expenses Analysis

Operating Income vs Total Operating Expenses

Operating Income vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Operating Income

Total Operating Expenses

ADF Foods fundamental ratios Correlations

ADF Foods Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ADF Foods fundamental ratios Accounts

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Other Information on Investing in ADF Stock

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Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.99	Retained Earnings
Cash And Short Term Investments	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Cash And Short Term Investments

Net Receivables	- 0.75	Intangible Assets
Accounts Payable	- 0.72	Intangible Assets
Retained Earnings	- 0.71	Intangible Assets
Intangible Assets	- 0.66	Inventory
Intangible Assets	- 0.64	Cash
Intangible Assets	- 0.6	Total Current Assets