Chefs Property Plant And Equipment Gross vs Other Liab Analysis
CHEF Stock | USD 38.29 0.13 0.34% |
Chefs Warehouse financial indicator trend analysis is way more than just evaluating Chefs Warehouse prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chefs Warehouse is a good investment. Please check the relationship between Chefs Warehouse Property Plant And Equipment Gross and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Chefs Warehouse. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Property Plant And Equipment Gross vs Other Liab
Property Plant And Equipment Gross vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chefs Warehouse Property Plant And Equipment Gross account and Other Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Chefs Warehouse's Property Plant And Equipment Gross and Other Liab is 0.35. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Other Liab in the same time period over historical financial statements of The Chefs Warehouse, assuming nothing else is changed. The correlation between historical values of Chefs Warehouse's Property Plant And Equipment Gross and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of The Chefs Warehouse are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Property Plant And Equipment Gross i.e., Chefs Warehouse's Property Plant And Equipment Gross and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant And Equipment Gross
Other Liab
Most indicators from Chefs Warehouse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chefs Warehouse 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 The Chefs Warehouse. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Chefs Warehouse's Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 17.6M | 43.8M | 45.5M | 47.7M | Depreciation And Amortization | 35.0M | 38.2M | 55.6M | 58.4M |
Chefs Warehouse fundamental ratios Correlations
Click cells to compare fundamentals
Chefs Warehouse Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chefs Warehouse fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 30.1M | 33.7M | 36.7M | 38.7M | 45.6M | 30.9M | |
Total Assets | 1.0B | 974.3M | 1.1B | 1.5B | 1.8B | 1.9B | |
Other Current Liab | 36.5M | 34.8M | 55.4M | 86.3M | 105.3M | 110.6M | |
Total Current Liabilities | 150.2M | 118.1M | 197.0M | 283.7M | 385.8M | 405.1M | |
Total Stockholder Equity | 335.9M | 344.6M | 350.2M | 401.5M | 454.7M | 229.1M | |
Other Liab | 20.9M | 4.4M | 5.1M | 19.1M | 22.0M | 11.6M | |
Accounts Payable | 94.1M | 57.5M | 118.3M | 163.4M | 200.5M | 210.6M | |
Cash | 140.2M | 193.3M | 115.2M | 158.8M | 49.9M | 59.0M | |
Other Assets | 3.5M | 11.4M | 13.0M | 3.3M | 3.7M | 6.7M | |
Long Term Debt | 386.1M | 398.1M | 394.2M | 653.5M | 664.8M | 698.0M | |
Good Will | 197.7M | 214.9M | 221.8M | 287.1M | 356.0M | 373.8M | |
Inventory | 124.1M | 82.5M | 144.5M | 245.7M | 284.5M | 298.8M | |
Other Current Assets | 13.8M | 33.5M | 37.8M | 56.2M | 39.6M | 20.1M | |
Total Liab | 677.7M | 629.7M | 723.6M | 1.1B | 1.3B | 1.4B | |
Intangible Assets | 138.8M | 111.7M | 104.7M | 155.7M | 184.9M | 104.6M | |
Property Plant Equipment | 92.8M | 115.4M | 264.3M | 342.4M | 393.7M | 413.4M | |
Short Long Term Debt Total | 524.9M | 530.5M | 542.5M | 832.8M | 926.3M | 972.6M | |
Property Plant And Equipment Net | 220.5M | 230.7M | 264.3M | 338.4M | 427.1M | 448.5M | |
Net Debt | 384.6M | 337.2M | 427.3M | 674.0M | 876.4M | 920.2M | |
Non Current Assets Total | 560.5M | 568.7M | 603.8M | 784.4M | 1.1B | 1.1B | |
Non Currrent Assets Other | 3.5M | 3.9M | 3.6M | 3.3M | 6.4M | 4.1M | |
Cash And Short Term Investments | 140.2M | 193.3M | 115.2M | 158.8M | 49.9M | 63.2M | |
Net Receivables | 175.0M | 96.4M | 172.5M | 260.2M | 357.0M | 374.8M | |
Liabilities And Stockholders Equity | 1.0B | 974.3M | 1.1B | 1.5B | 1.8B | 1.9B | |
Non Current Liabilities Total | 527.6M | 511.6M | 526.6M | 820.0M | 960.2M | 1.0B | |
Other Stockholder Equity | 212.2M | 303.7M | 314.2M | 337.9M | 356.2M | 186.7M | |
Property Plant And Equipment Gross | 220.5M | 230.7M | 264.3M | 338.4M | 564.1M | 592.3M | |
Total Current Assets | 453.2M | 405.7M | 470.0M | 720.9M | 730.9M | 767.5M | |
Accumulated Other Comprehensive Income | (2.0M) | (2.1M) | (2.0M) | (2.2M) | (1.8M) | (1.9M) | |
Short Term Debt | 18.2M | 23.3M | 21.0M | 31.9M | 77.4M | 81.3M | |
Net Tangible Assets | (561K) | 18.0M | 23.7M | (41.3M) | (47.5M) | (49.9M) | |
Retained Earnings | 125.4M | 42.5M | 37.6M | 65.4M | 100.0M | 67.4M | |
Retained Earnings Total Equity | 103.3M | 125.4M | 42.5M | 37.6M | 43.3M | 63.2M | |
Long Term Debt Total | 278.2M | 386.1M | 398.1M | 394.2M | 453.3M | 279.2M | |
Capital Surpluse | 207.3M | 212.2M | 303.7M | 314.2M | 361.4M | 379.4M | |
Deferred Long Term Liab | 10.9M | 1.4M | 460K | 448K | 403.2K | 383.0K | |
Common Stock | 304K | 373K | 380K | 386K | 396K | 327.2K | |
Non Current Liabilities Other | 130.6M | 113.5M | 5.1M | 13.0M | 1.6M | 1.5M | |
Short Long Term Debt | 721K | 6.1M | 5.1M | 12.4M | 53.2M | 55.8M |
Pair Trading with Chefs Warehouse
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chefs Warehouse position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chefs Warehouse will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Chefs Warehouse could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chefs Warehouse when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chefs Warehouse - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Chefs Warehouse to buy it.
The correlation of Chefs Warehouse is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chefs Warehouse moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chefs Warehouse moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chefs Warehouse can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Chefs Warehouse. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Chefs Warehouse information on this page should be used as a complementary analysis to other Chefs Warehouse's 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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Is Chefs Warehouse'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 Chefs Warehouse. If investors know Chefs 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 Chefs Warehouse 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 0.339 | Earnings Share 0.89 | Revenue Per Share 95.158 | Quarterly Revenue Growth 0.215 | Return On Assets 0.0445 |
The market value of Chefs Warehouse is measured differently than its book value, which is the value of Chefs that is recorded on the company's balance sheet. Investors also form their own opinion of Chefs Warehouse's value that differs from its market value or its book value, called intrinsic value, which is Chefs Warehouse'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 Chefs Warehouse's market value can be influenced by many factors that don't directly affect Chefs Warehouse'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 Chefs Warehouse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chefs Warehouse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chefs Warehouse'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.