Freshpet Net Income vs Other Non Cash Items Analysis

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 Net Income and its Other Non Cash Items 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.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freshpet Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between Freshpet's Net Income and Other Non Cash Items is -0.72. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Freshpet, assuming nothing else is changed. The correlation between historical values of Freshpet's Net Income and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Freshpet are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Freshpet's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Freshpet financial statement analysis. It represents the amount of money remaining after all of Freshpet operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

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.
 2021 2022 2023 2024 (projected)
Interest Expense2.9M5.2M14.1M14.8M
Depreciation And Amortization31.8M35.9M58.5M61.4M

Freshpet fundamental ratios Correlations

0.750.950.970.97-0.371.00.19-0.950.760.961.00.98-0.080.910.960.980.610.710.770.990.860.970.851.00.99
0.750.820.660.59-0.110.720.75-0.70.210.880.720.71-0.310.560.880.660.250.340.990.710.50.590.980.790.83
0.950.820.950.89-0.380.940.32-0.930.660.940.940.95-0.120.820.940.940.590.680.820.940.890.890.880.950.96
0.970.660.950.97-0.410.980.1-0.930.840.890.980.98-0.080.890.890.990.630.760.670.980.940.960.770.960.94
0.970.590.890.97-0.440.98-0.04-0.940.850.880.980.970.010.920.880.980.680.770.60.980.870.990.70.960.93
-0.37-0.11-0.38-0.41-0.44-0.370.30.52-0.34-0.31-0.38-0.41-0.22-0.29-0.31-0.43-0.77-0.58-0.06-0.37-0.42-0.51-0.13-0.36-0.35
1.00.720.940.980.98-0.370.15-0.940.790.941.00.98-0.080.910.940.990.610.730.741.00.870.970.820.990.98
0.190.750.320.1-0.040.30.15-0.11-0.320.390.140.12-0.420.010.390.07-0.3-0.160.760.120.01-0.040.680.250.3
-0.95-0.7-0.93-0.93-0.940.52-0.94-0.11-0.69-0.9-0.94-0.960.06-0.81-0.9-0.96-0.78-0.78-0.68-0.95-0.84-0.96-0.76-0.94-0.94
0.760.210.660.840.85-0.340.79-0.32-0.690.560.790.780.020.780.560.830.590.740.240.80.830.820.370.720.66
0.960.880.940.890.88-0.310.940.39-0.90.560.940.93-0.140.841.00.90.510.560.890.940.740.880.940.970.99
1.00.720.940.980.98-0.381.00.14-0.940.790.940.98-0.070.920.940.990.620.730.731.00.870.980.820.990.98
0.980.710.950.980.97-0.410.980.12-0.960.780.930.98-0.160.860.930.990.630.730.710.990.870.970.790.980.97
-0.08-0.31-0.12-0.080.01-0.22-0.08-0.420.060.02-0.14-0.07-0.160.28-0.14-0.090.30.24-0.3-0.11-0.030.01-0.28-0.11-0.12
0.910.560.820.890.92-0.290.910.01-0.810.780.840.920.860.280.840.880.560.710.590.90.780.90.680.890.87
0.960.880.940.890.88-0.310.940.39-0.90.561.00.940.93-0.140.840.90.510.560.890.940.740.880.940.970.99
0.980.660.940.990.98-0.430.990.07-0.960.830.90.990.99-0.090.880.90.660.770.670.990.910.980.760.970.95
0.610.250.590.630.68-0.770.61-0.3-0.780.590.510.620.630.30.560.510.660.830.20.610.640.750.290.580.57
0.710.340.680.760.77-0.580.73-0.16-0.780.740.560.730.730.240.710.560.770.830.310.720.730.790.410.690.64
0.770.990.820.670.6-0.060.740.76-0.680.240.890.730.71-0.30.590.890.670.20.310.720.520.590.990.80.84
0.990.710.940.980.98-0.371.00.12-0.950.80.941.00.99-0.110.90.940.990.610.720.720.870.970.810.990.97
0.860.50.890.940.87-0.420.870.01-0.840.830.740.870.87-0.030.780.740.910.640.730.520.870.870.630.840.81
0.970.590.890.960.99-0.510.97-0.04-0.960.820.880.980.970.010.90.880.980.750.790.590.970.870.70.950.93
0.850.980.880.770.7-0.130.820.68-0.760.370.940.820.79-0.280.680.940.760.290.410.990.810.630.70.880.9
1.00.790.950.960.96-0.360.990.25-0.940.720.970.990.98-0.110.890.970.970.580.690.80.990.840.950.880.99
0.990.830.960.940.93-0.350.980.3-0.940.660.990.980.97-0.120.870.990.950.570.640.840.970.810.930.90.99
Click cells to compare fundamentals

Freshpet Account Relationship Matchups

Freshpet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets236.1M434.4M784.4M1.1B1.5B1.5B
Other Current Liab22.1M14.1M13.6M31.5M46.5M48.8M
Total Current Liabilities42.0M33.1M58.9M89.6M89.2M93.7M
Total Stockholder Equity131.3M394.2M719.8M1.0B953.5M1.0B
Property Plant And Equipment Net174.4M288.9M594.6M809.6M984.7M1.0B
Net Debt54.6M(58.9M)(65.7M)(127.0M)128.2M134.6M
Retained Earnings(202.7M)(205.9M)(235.6M)(295.1M)(328.7M)(345.2M)
Accounts Payable18.7M16.5M42.6M55.1M36.1M20.3M
Cash9.5M67.2M72.8M132.7M296.9M311.7M
Non Current Assets Total181.8M325.3M634.1M863.4M1.0B1.1B
Non Currrent Assets Other7.4M8.5M13.7M28.4M28.9M30.3M
Other Assets7.4M44.2M17.8M1K1.2K1.1K
Cash And Short Term Investments9.5M67.2M72.8M132.7M296.9M311.7M
Net Receivables18.6M18.4M34.8M57.6M56.8M59.6M
Common Stock Total Equity35.6K36.2K41K43K49.5K34.4K
Common Stock Shares Outstanding36.0M39.8M42.9M46.2M48.2M37.2M
Liabilities And Stockholders Equity236.1M434.4M784.4M1.1B1.5B1.5B
Non Current Liabilities Total62.9M7.1M5.7M4.2M421.7M442.8M
Inventory12.5M19.1M35.6M58.3M63.2M66.4M
Other Current Assets10.5M4.3M7.2M13.4M10.5M11.0M
Other Stockholder Equity334.0M600.1M955.5M1.3B1.3B1.3B
Total Liab104.9M40.2M64.7M93.8M511.0M536.5M
Property Plant And Equipment Gross174.4M288.9M583.9M809.6M1.2B1.2B
Total Current Assets54.3M109.1M150.3M262.0M427.3M448.7M
Accumulated Other Comprehensive Income(79.2K)(80K)(120K)1.4M(591K)(620.6K)
Common Stock36.2K41K43K48K55.2K37.5K
Property Plant Equipment174.4M281.1M590.5M805.8M926.6M972.9M
Net Tangible Assets131.3M394.2M719.8M1.0B1.2B1.2B
Retained Earnings Total Equity(196.0M)(201.4M)(205.9M)(235.6M)(212.1M)(222.7M)
Capital Surpluse323.1M334.3M600.4M955.7M1.1B1.2B
Net Invested Capital185.7M394.2M719.8M1.0B1.3B1.4B
Net Working Capital12.3M76.0M91.4M172.4M338.1M355.0M

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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.