Cal Net Income vs Ev To Sales Analysis

CALM Stock

USD 58.18 0.11 0.19%

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

Net Income vs Ev To Sales

Net Income vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cal Maine Foods Net Income account and Ev To Sales. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Cal Maine's Net Income and Ev To Sales is -0.09. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Cal Maine Foods, assuming nothing else is changed. The correlation between historical values of Cal Maine's Net Income and Ev To Sales 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 Cal Maine Foods are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Net Income i.e., Cal Maine's Net Income and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

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

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Most indicators from Cal Maine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cal Maine Foods 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 Cal Maine Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

As of the 19th of May 2024, Tax Provision is likely to grow to about 292 M, while Selling General Administrative is likely to drop about 91.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	337.1M	1.2B	1.4B	1.4B
Total Revenue	1.8B	3.1B	3.6B	3.8B

Gross Profit Total Revenue

Cal Maine 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	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Good Will
Total Assets		-0.73	0.75	0.79	1.0	0.97	-0.93	1.0	0.32	0.89	0.96	-0.17	0.9	0.9	-0.57	0.79	0.98	-0.41	0.38	-0.13	0.94	0.98	-0.54	0.57	0.56	0.94
Short Long Term Debt Total	-0.73		-0.24	-0.26	-0.77	-0.82	0.67	-0.77	-0.2	-0.47	-0.87	0.39	-0.48	-0.64	0.38	-0.55	-0.72	0.68	-0.43	0.26	-0.65	-0.6	0.73	-0.79	-0.79	-0.79
Other Current Liab	0.75	-0.24		0.98	0.7	0.68	-0.67	0.71	0.43	0.74	0.62	0.14	0.73	0.83	-0.46	0.62	0.79	-0.14	0.19	-0.07	0.82	0.8	-0.29	0.17	0.15	0.7
Total Current Liabilities	0.79	-0.26	0.98		0.74	0.73	-0.72	0.74	0.41	0.79	0.67	0.1	0.76	0.85	-0.52	0.68	0.82	-0.08	0.16	-0.08	0.84	0.84	-0.27	0.2	0.19	0.73
Total Stockholder Equity	1.0	-0.77	0.7	0.74		0.97	-0.93	1.0	0.31	0.88	0.97	-0.19	0.9	0.88	-0.56	0.78	0.97	-0.45	0.39	-0.13	0.92	0.97	-0.56	0.6	0.6	0.94
Property Plant And Equipment Net	0.97	-0.82	0.68	0.73	0.97		-0.88	0.97	0.29	0.81	0.99	-0.17	0.78	0.93	-0.53	0.8	0.98	-0.5	0.44	-0.18	0.94	0.9	-0.66	0.62	0.62	0.95
Net Debt	-0.93	0.67	-0.67	-0.72	-0.93	-0.88		-0.93	-0.17	-0.96	-0.86	0.27	-0.89	-0.79	0.36	-0.79	-0.88	0.41	-0.48	0.34	-0.9	-0.93	0.62	-0.43	-0.43	-0.8
Retained Earnings	1.0	-0.77	0.71	0.74	1.0	0.97	-0.93		0.31	0.88	0.96	-0.19	0.9	0.88	-0.56	0.78	0.97	-0.44	0.39	-0.13	0.92	0.97	-0.56	0.6	0.59	0.94
Accounts Payable	0.32	-0.2	0.43	0.41	0.31	0.29	-0.17	0.31		0.1	0.32	0.28	0.26	0.31	-0.71	0.31	0.34	-0.06	-0.5	0.25	0.2	0.3	0.03	0.52	0.51	0.46
Cash	0.89	-0.47	0.74	0.79	0.88	0.81	-0.96	0.88	0.1		0.77	-0.19	0.93	0.75	-0.3	0.73	0.84	-0.29	0.49	-0.29	0.89	0.94	-0.5	0.23	0.23	0.72
Non Current Assets Total	0.96	-0.87	0.62	0.67	0.97	0.99	-0.86	0.96	0.32	0.77		-0.21	0.75	0.9	-0.58	0.77	0.96	-0.5	0.39	-0.17	0.9	0.88	-0.66	0.68	0.68	0.97
Non Currrent Assets Other	-0.17	0.39	0.14	0.1	-0.19	-0.17	0.27	-0.19	0.28	-0.19	-0.21		-0.13	-0.07	-0.04	-0.21	-0.14	0.14	-0.22	0.27	-0.16	-0.13	0.23	-0.16	-0.15	-0.12
Cash And Short Term Investments	0.9	-0.48	0.73	0.76	0.9	0.78	-0.89	0.9	0.26	0.93	0.75	-0.13		0.7	-0.47	0.66	0.82	-0.24	0.3	-0.06	0.81	0.96	-0.29	0.37	0.36	0.76
Net Receivables	0.9	-0.64	0.83	0.85	0.88	0.93	-0.79	0.88	0.31	0.75	0.9	-0.07	0.7		-0.51	0.83	0.96	-0.36	0.37	-0.06	0.96	0.86	-0.55	0.49	0.48	0.9
Common Stock Shares Outstanding	-0.57	0.38	-0.46	-0.52	-0.56	-0.53	0.36	-0.56	-0.71	-0.3	-0.58	-0.04	-0.47	-0.51		-0.47	-0.57	-0.17	0.49	-0.29	-0.37	-0.53	-0.02	-0.6	-0.58	-0.72
Non Current Liabilities Total	0.79	-0.55	0.62	0.68	0.78	0.8	-0.79	0.78	0.31	0.73	0.77	-0.21	0.66	0.83	-0.47		0.81	-0.19	0.16	0.0	0.81	0.77	-0.41	0.55	0.55	0.74
Inventory	0.98	-0.72	0.79	0.82	0.97	0.98	-0.88	0.97	0.34	0.84	0.96	-0.14	0.82	0.96	-0.57	0.81		-0.44	0.38	-0.15	0.96	0.94	-0.58	0.54	0.53	0.95
Other Current Assets	-0.41	0.68	-0.14	-0.08	-0.45	-0.5	0.41	-0.44	-0.06	-0.29	-0.5	0.14	-0.24	-0.36	-0.17	-0.19	-0.44		-0.71	0.41	-0.45	-0.32	0.71	-0.32	-0.34	-0.38
Other Stockholder Equity	0.38	-0.43	0.19	0.16	0.39	0.44	-0.48	0.39	-0.5	0.49	0.39	-0.22	0.3	0.37	0.49	0.16	0.38	-0.71		-0.51	0.53	0.36	-0.68	-0.08	-0.06	0.21
Total Liab	-0.13	0.26	-0.07	-0.08	-0.13	-0.18	0.34	-0.13	0.25	-0.29	-0.17	0.27	-0.06	-0.06	-0.29	0.0	-0.15	0.41	-0.51		-0.21	-0.09	0.68	0.09	0.09	-0.05
Property Plant And Equipment Gross	0.94	-0.65	0.82	0.84	0.92	0.94	-0.9	0.92	0.2	0.89	0.9	-0.16	0.81	0.96	-0.37	0.81	0.96	-0.45	0.53	-0.21		0.92	-0.61	0.41	0.41	0.86
Total Current Assets	0.98	-0.6	0.8	0.84	0.97	0.9	-0.93	0.97	0.3	0.94	0.88	-0.13	0.96	0.86	-0.53	0.77	0.94	-0.32	0.36	-0.09	0.92		-0.42	0.45	0.45	0.88
Short Term Debt	-0.54	0.73	-0.29	-0.27	-0.56	-0.66	0.62	-0.56	0.03	-0.5	-0.66	0.23	-0.29	-0.55	-0.02	-0.41	-0.58	0.71	-0.68	0.68	-0.61	-0.42		-0.34	-0.35	-0.54
Common Stock Total Equity	0.57	-0.79	0.17	0.2	0.6	0.62	-0.43	0.6	0.52	0.23	0.68	-0.16	0.37	0.49	-0.6	0.55	0.54	-0.32	-0.08	0.09	0.41	0.45	-0.34		1.0	0.68
Common Stock	0.56	-0.79	0.15	0.19	0.6	0.62	-0.43	0.59	0.51	0.23	0.68	-0.15	0.36	0.48	-0.58	0.55	0.53	-0.34	-0.06	0.09	0.41	0.45	-0.35	1.0		0.67
Good Will	0.94	-0.79	0.7	0.73	0.94	0.95	-0.8	0.94	0.46	0.72	0.97	-0.12	0.76	0.9	-0.72	0.74	0.95	-0.38	0.21	-0.05	0.86	0.88	-0.54	0.68	0.67

Click cells to compare fundamentals

Cal Maine Account Relationship Matchups

Cal Maine fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.2B	1.4B	2.0B	2.2B	2.4B
Short Long Term Debt Total	3.4M	2.4M	1.4M	918K	826.2K	784.9K
Other Current Liab	36.3M	36.4M	101.9M	100.1M	115.2M	120.9M
Total Current Liabilities	93.2M	90.1M	184.7M	182.7M	210.1M	220.6M
Total Stockholder Equity	1.0B	1.0B	1.1B	1.6B	1.9B	1.9B
Property Plant And Equipment Net	557.4M	591.7M	679.2M	744.5M	856.2M	899.0M
Net Debt	(74.7M)	(55.0M)	(57.6M)	(291.9M)	(262.7M)	(249.6M)
Retained Earnings	975.1M	976.0M	1.1B	1.6B	1.8B	1.9B
Accounts Payable	92.2M	52.8M	82.0M	82.6M	95.0M	51.9M
Cash	78.1M	57.4M	59.1M	292.8M	336.7M	353.6M
Non Current Assets Total	684.4M	709.2M	766.0M	829.6M	954.0M	1.0B
Non Currrent Assets Other	127.1M	(6.1M)	(688K)	1.5M	1.7M	1.6M
Cash And Short Term Investments	232.3M	169.5M	174.5M	647.9M	745.1M	782.4M
Net Receivables	98.4M	126.6M	219.4M	187.2M	215.3M	226.1M
Common Stock Shares Outstanding	48.6M	48.7M	48.7M	48.8M	44.0M	45.2M
Liabilities And Stockholders Equity	1.2B	1.2B	1.4B	2.0B	2.2B	2.4B
Non Current Liabilities Total	103.8M	126.3M	138.5M	162.2M	186.5M	121.7M
Inventory	187.2M	218.4M	263.3M	284.4M	327.1M	343.4M
Other Current Assets	4.4M	5.4M	4.3M	5.4M	6.2M	5.9M
Other Stockholder Equity	33.7M	36.6M	39.5M	42.1M	37.9M	59.6M
Total Liab	197.0M	216.4M	323.1M	344.9M	396.7M	358.8M
Property Plant And Equipment Gross	560.6M	591.7M	1.4B	1.5B	1.7B	1.8B
Total Current Assets	522.3M	519.9M	661.5M	1.1B	1.3B	1.4B
Accumulated Other Comprehensive Income	79K	(558K)	(1.6M)	(2.9M)	(3.3M)	(3.5M)
Short Term Debt	1.7M	1.0M	906K	696K	626.4K	595.1K
Intangible Assets	22.8M	20.3M	18.1M	15.9M	18.3M	12.4M
Other Liab	90.7M	101.4M	124.8M	137.7M	158.4M	166.3M
Other Assets	2.0M	1.8M	2.7M	5.4M	6.2M	4.2M
Treasury Stock	(26.7M)	(27.4M)	(28.4M)	(30.0M)	(27.0M)	(28.4M)
Property Plant Equipment	560.6M	591.7M	677.8M	744.5M	856.2M	899.0M
Short Term Investments	154.2M	112.2M	115.4M	355.1M	408.4M	428.8M
Net Tangible Assets	951.3M	956.9M	1.0B	1.6B	1.8B	938.4M
Noncontrolling Interest In Consolidated Entity	2.3M	3.2M	(206K)	(1.5M)	(1.3M)	(1.3M)
Retained Earnings Total Equity	975.1M	976.0M	1.1B	1.6B	1.8B	1.9B

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When determining whether Cal Maine Foods is a strong investment it is important to analyze Cal Maine's 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 Cal Maine's future performance. For an informed investment choice regarding Cal Stock, refer to the following important reports:

How To Invest In Cal

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Is Cal Stock a good investment?

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What is Cal Maine's Net Worth?

Details

Largest Packaged Foods & Meats Companies

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Largest Food, Beverage & Tobacco Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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

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Is Cal Maine's 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 Cal Maine. If investors know Cal 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 Cal Maine 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

(0.55)

Dividend Share

1.879

Earnings Share

5.64

Revenue Per Share

48.755

Quarterly Revenue Growth

(0.29)

The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine's 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 Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine's 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 Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine's 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.

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Cal Net Income vs Ev To Sales Analysis

Net Income vs Ev To Sales

Net Income vs Ev To Sales Correlation Analysis

Correlation Coefficient

Net Income

Ev To Sales

Cal Maine fundamental ratios Correlations

Cal Maine Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cal Maine fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Cal Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Inventory	+ 0.98	Total Assets

Cash	- 0.96	Net Debt
Total Current Assets	- 0.93	Net Debt
Retained Earnings	- 0.93	Net Debt
Net Debt	- 0.93	Total Stockholder Equity
Net Debt	- 0.93	Total Assets
Property Plant And Equipment Gross	- 0.9	Net Debt