FRPT Stock | | | USD 145.69 0.75 0.51% |
Freshpet financial indicator trend analysis is much more than just examining Freshpet latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freshpet is a good investment. Please check the relationship between Freshpet Depreciation and its Begin Period Cash Flow accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshpet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Freshpet Stock please use our
How to Invest in Freshpet guide.
Depreciation vs Begin Period Cash Flow
Depreciation vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Freshpet Depreciation account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Freshpet's Depreciation and Begin Period Cash Flow is 0.96. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Freshpet, assuming nothing else is changed. The correlation between historical values of Freshpet's Depreciation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Freshpet are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Depreciation i.e., Freshpet's Depreciation and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation
Depreciation indicates how much of Freshpet value has been used up. For tax purposes Freshpet can deduct the cost of the tangible assets it purchases as business expenses. However, Freshpet must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Freshpet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freshpet 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshpet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Freshpet Stock please use our
How to Invest in Freshpet guide.At this time, Freshpet's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 110.03 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Freshpet fundamental ratios Correlations
Click cells to compare fundamentals
Freshpet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Freshpet fundamental ratios Accounts
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Additional Tools for Freshpet Stock Analysis
When running Freshpet's price analysis, check to
measure Freshpet'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 Freshpet is operating at the current time. Most of Freshpet's value examination focuses on studying past and present price action to
predict the probability of Freshpet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freshpet's price. Additionally, you may evaluate how the addition of Freshpet to your portfolios can decrease your overall portfolio volatility.