Calavo Growers Financials

CVGW Stock  USD 27.81  0.16  0.58%   
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 April. 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 Ratio0.310.54
Way Down
Slightly volatile
Current Ratio1.561.88
Significantly Down
Slightly volatile
The financial analysis of Calavo Growers is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Calavo Growers includes many different criteria found on its balance sheet. For example, investors should never minimize Calavo Growers' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Calavo Growers' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Calavo Growers.

Net Income

(9.12 Million)

With this module, you can analyze Calavo financials for your investing period. You should be able to track the changes in Calavo Growers individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
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.
Evaluating Calavo Growers' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Calavo Growers' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Calavo Growers' relative financial performance

Chance Of Distress

Less than 16

 
100  
 
Zero
Low
Calavo Growers has less than 16 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Calavo Growers stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Calavo Growers' odds of distress score SHOULD NOT be confused with the real chance of Calavo Growers filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Calavo is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Calavo Growers' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Calavo Growers' official financial statements usually reflect Calavo Growers' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Calavo Growers. For example, before you start analyzing numbers published by Calavo accountants, it's critical to develop an understanding of what Calavo Growers' liquidity, profitability, and earnings quality are in the context of the Food Products space in which it operates.
Please note, the presentation of Calavo Growers' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Calavo Growers' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, 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. Please utilize our Beneish M Score to check the likelihood of Calavo Growers' management manipulating its earnings.

Calavo Growers Company Summary

Calavo Growers competes with Sysco, Performance Food, Andersons, SpartanNash, and Chefs Warehouse. 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
CIK Number0001133470
ISINUS1282461052
CUSIP128246105
RegionNorth America
LocationCalifornia; U.S.A
Business Address1141-A Cummings Road,
SectorFood Products
IndustryConsumer Staples
BenchmarkNYSE Composite
Websitewww.calavo.com
Phone805 525 1245
CurrencyUSD - US Dollar
You should never invest in Calavo Growers without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Calavo Stock, because this is throwing your money away. Analyzing the key information contained in Calavo Growers' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Calavo Growers Key Financial Ratios

Generally speaking, Calavo Growers' financial ratios allow both analysts and investors to convert raw data from Calavo Growers' financial statements into concise, actionable information that can be used to evaluate the performance of Calavo Growers over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Calavo Growers reports annually and quarterly.

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 Liab59.0M57.3M11M57.4M12.7M12.0M
Retained Earnings89.5M57.4M51.1M32.3M37.2M47.3M
Accounts Payable20.7M32.8M30.7M30.3M34.9M18.1M
Cash4.1M1.9M2.1M2.1M2.4M4.1M
Net Receivables74.3M90.4M62.4M62.5M71.8M52.6M
Inventory41.8M40.8M38.8M39.4M45.3M25.5M
Other Current Assets15.8M19.6M22.4M13.9M16.0M12.8M
Total Current Assets135.9M152.6M125.7M133.4M153.4M98.1M
Short Term Debt28.3M8.4M8.5M9.3M10.7M16.4M
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

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other 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(5.4M)(11.1M)(8.3M)428K385.2K365.9K
Ebitda(2.8M)6.4M8.2M428K385.2K365.9K
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

Cash flow analysis captures how much money flows into and out of Calavo Growers. It measures of how well Calavo is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Calavo Growers brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Calavo had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Calavo Growers has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
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 book value per share category among related companies. It is rated third in shares owned by insiders category among related companies making about  0.53  of Shares Owned By Insiders per Book Value Per Share. The ratio of Book Value Per Share to Shares Owned By Insiders for Calavo Growers is roughly  1.90 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Calavo Growers by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Calavo Growers' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Calavo Growers' earnings, one of the primary drivers of an investment's value.

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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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.

About Calavo Growers Financials

What exactly are Calavo Growers Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Calavo Growers' income statement, its balance sheet, and the statement of cash flows. Potential Calavo Growers investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Calavo Growers investors may use each financial statement separately, they are all related. The changes in Calavo Growers's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Calavo Growers's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Calavo Growers Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Calavo Growers is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Calavo has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Calavo Growers' financials are consistent with your investment objective using the following steps:
  • Review Calavo Growers' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Calavo Growers' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Calavo Growers' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Calavo Growers' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

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 March 29, 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.
When determining whether Calavo Growers is a strong investment it is important to analyze Calavo Growers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Calavo Growers' future performance. For an informed investment choice regarding Calavo Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calavo Growers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.
Note that the Calavo Growers information on this page should be used as a complementary analysis to other Calavo Growers' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary 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.
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Is Calavo Growers' industry 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 Calavo Growers. If investors know Calavo 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 Calavo Growers 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
4.286
Dividend Share
0.4
Earnings Share
(0.58)
Revenue Per Share
54.371
Quarterly Revenue Growth
(0.04)
The market value of Calavo Growers is measured differently than its book value, which is the value of Calavo that is recorded on the company's balance sheet. Investors also form their own opinion of Calavo Growers' value that differs from its market value or its book value, called intrinsic value, which is Calavo Growers' 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 Calavo Growers' market value can be influenced by many factors that don't directly affect Calavo Growers' 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 Calavo Growers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Calavo Growers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calavo Growers' 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.