Marfrig Global Foods S.A. - MRRTY

MRRTY Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
MRRTY	11.0	9.8	28.1	28.1	49.0	84.8	-38.5	19.2	32.7	-71.7
S&P 500	-0.6	-0.5	1.5	9.1	13.4	32.3	27.0	92.1	191.7	33587.3

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	MRRTY
name	Marfrig Global Foods S.A.
price	2.92
changes percentage	11.0266
change	0.29
day low	2.84
day high	2.93
year high	2.93
year low	1.55
market cap	2629439846
price avg 50	2.5038
price avg 200	2.15415
exchange	PNK
volume	71662
avg volume	14643
open	2.84
previous close	2.63
eps	-0.04
pe	-73
earnings announcement	2024-11-13T19:00:00.000+0000
shares outstanding	900493098
timestamp	2024-11-14 20:46:10

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 48.3%

Overall Quarterly Financial Health: 72.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	132218010000	130631697000	1.21
gross profit	13377470000	17752315000	-24.64
gross profit ratio	0.1	0.14	-25.55
research and development expenses	0	0	NaN
operating expenses	12397581000	8032786000	54.34
interest income	1474471000	979313000	50.56
interest expense	5398619000	4180929000	29.12
ebitda	7597623000	10682877000	-28.88
ebitdaratio	0.06	0.1	-43.67
operating income	979889000	7754477000	-87.36
operating income ratio	0.01	0.06	-87.52
net income	-1517776000	2779383000	-154.61
net income ratio	-0.01	0.02	-153.95
eps	-1.87	4.25	-144.00

Overall Score of Annual Income Statement

0.57 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 132,218 million in 2023 from 130,632 million in 2022 representing a change of 1.21%. This indicates a sales growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 12,398 million in 2023 from 8,033 million in 2022 representing a change of 54.34%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 7,598 million in 2023 from 10,683 million in 2022 representing a change of -28.88%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 980 million in 2023 from 7,754 million in 2022 representing a change of -87.36%. The increase in operating income indicates better operational performance and increased profitability.

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 13,377 million in 2023 from 17,752 million in 2022 representing a change of -24.64%. This indicates a sales profitability decline, which is a negative sign for the company.

  Net Income: Net income decreased to -1,518 million in 2023 from 2,779 million in 2022 representing a change of -154.61%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -1.87 in 2023 from -1.87 in 2022 representing a change of -144.0%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
revenue	36059539000	31590916000	14.15
gross profit	4859840000	3837723000	26.63
gross profit ratio	0.13	0.12	10.94
research and development expenses	0	0	NaN
operating expenses	3328563000	2946646000	12.96
interest income	-137319000	340144000	-140.37
interest expense	1232281000	1278231000	-3.59
ebitda	3110675000	2878548000	8.06
ebitdaratio	0.09	0.09	-5.33
operating income	1531277000	1182397000	29.51
operating income ratio	0.04	0.04	13.46
net income	75364000	62618000	20.36
net income ratio	0.0	0.0	5.44
eps	1.3	0.1	1221.14

Overall Score of Quarterly Income Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 36,060 million in 2024Q2 from 31,591 million in 2024Q1 representing a change of 14.15%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 4,860 million in 2024Q2 from 3,838 million in 2024Q1 representing a change of 26.63%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 3,111 million in 2024Q2 from 2,879 million in 2024Q1 representing a change of 8.06%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 1,531 million in 2024Q2 from 1,182 million in 2024Q1 representing a change of 29.51%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 75 million in 2024Q2 from 63 million in 2024Q1 representing a change of 20.36%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 1.3 in 2024Q2 from 1.3 in 2024Q1 representing a change of 1221.14%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 3,329 million in 2024Q2 from 2,947 million in 2024Q1 representing a change of 12.96%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	130954636000	136104323000	-3.78
total liabilities	106064801000	109654714000	-3.27
total equity	24889835000	26449609000	-5.90
cash and cash equivalents	6460212000	6403788000	0.88
short term investments	15418144000	16088745000	-4.17
long term investments	-14443511000	-14980410000	3.58
total current assets	52100800000	50598078000	2.97
total non current assets	78853836000	85506245000	-7.78
total current liabilities	42170873000	40420580000	4.33
total non current liabilities	63893928000	69234134000	-7.71
common stock	10367391000	8204391000	26.36
retained earnings	3641641000	4961689000	-26.60
total debt	56084089000	65710550000	-14.65

Overall Score of Annual Balance Sheet

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 130,955 million in 2023 from 136,104 million in 2022 representing a change of -3.78%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 24,890 million in 2023 from 26,450 million in 2022 representing a change of -5.9%. This indicates a decrease in shareholders' equity.

  Short Term Investments: Short Term Investments decreased to 15,418 million in 2023 from 16,089 million in 2022 representing a change of -4.17%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 42,171 million in 2023 from 40,421 million in 2022 representing a change of 4.33%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to 3,642 million in 2023 from 4,962 million in 2022 representing a change of -26.6%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 106,065 million in 2023 from 109,655 million in 2022 representing a change of -3.27%. This indicates a decrease in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 6,460 million in 2023 from 6,404 million in 2022 representing a change of 0.88%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 52,101 million in 2023 from 50,598 million in 2022 representing a change of 2.97%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 10,367 in 2023 from 8,204 in 2022 representing a change of 26.36%. This indicates an increase in ownership interest.

  Total Debt: Total Debt decreased to 56,084 million in 2023 from 65,711 million in 2022 representing a change of -14.65%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	138374150000	131283251000	5.40
total liabilities	115166861000	106629220000	8.01
total equity	23207289000	24654031000	-5.87
cash and cash equivalents	5490394000	3693862000	48.64
short term investments	16459925000	17068692000	-3.57
long term investments	3328501000	-16125437000	120.64
total current assets	57031968000	52435467000	8.77
total non current assets	80588811999	78847784000	2.21
total current liabilities	45399409000	41167423000	10.28
total non current liabilities	69767452000	65461797000	6.58
common stock	10367391000	10367391000	0.00
retained earnings	3780081000	62847000	5914.74
total debt	61601941000	56620260000	8.80

Overall Score of Quarterly Balance Sheet

0.44 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 138,374 million in 2024Q2 from 131,283 million in 2024Q1 representing a change of 5.4%. Suggesting a growth in asset holdings.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 5,490 million in 2024Q2 from 3,694 million in 2024Q1 representing a change of 48.64%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 57,032 million in 2024Q2 from 52,435 million in 2024Q1 representing a change of 8.77%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 3,780 million in 2024Q2 from 63 million in 2024Q1 representing a change of 5914.74%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 115,167 million in 2024Q2 from 106,629 million in 2024Q1 representing a change of 8.01%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 23,207 million in 2024Q2 from 24,654 million in 2024Q1 representing a change of -5.87%. This indicates a decrease in shareholders' equity.

  Short Term Investments: Short Term Investments decreased to 16,460 million in 2024Q2 from 17,069 million in 2024Q1 representing a change of -3.57%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 45,399 million in 2024Q2 from 41,167 million in 2024Q1 representing a change of 10.28%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 61,602 million in 2024Q2 from 56,620 million in 2024Q1 representing a change of 8.8%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	56424000	4644306000	-98.79
operating cash flow	12556380000	9335052000	34.51
free cash flow	10341612000	4851757000	113.15
capital expenditure	-2214768000	-4483295000	50.60
depreciation and amortization	6740232000	5572121000	20.96
deferred income tax	0	-434357000	100.00
stock based compensation	0	0	NaN
accounts payables	-1329027000	114025000	-1265.56
inventory	1349168000	-288366000	567.87
acquisitions net	-168900000	4462485000	-103.78
investments in property plant and equipment	-2214768000	-4483295000	50.60
net cash used for investing activites	-6120367000	-6444504000	5.03
debt repayment	-8331251000	4281696000	-294.58
common stock issued	0	0	NaN
common stock repurchased	-213153000	-86057000	-147.69
dividends paid	-340763000	-2769703000	87.70
net cash used provided by financing activities	-3911183000	1585802000	-346.64
cash at end of period	6460212000	6403788000	0.88
accounts receivables	1987815000	911492000	118.08
cash at beginning of period	6403788000	1759482000	263.96

Overall Score of Annual Cashflow Statement

0.38 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 56 million in 2023 from 4,644 million in 2022 representing a change of -98.79%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure increased to -2,215 million in 2023 from -4,483 million in 2022 representing a change of 50.6%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2023 from -434 million in 2022 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Accounts Payables: The absolute value of Accounts Payables increased to 1,329 million in 2023 from 114 million in 2022 representing a change of -1265.56%. This indicates that the company has increased its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables increased to 1,988 in 2023 from 911 million in 2022 representing a change of 118.08%. This suggests that the company is less capable of collecting payments from its customers.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 12,556 million in 2023 from 9,335 million in 2022 representing a change of 34.51%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 10,342 million in 2023 from 4,852 million in 2022 representing a change of 113.15%. This indicates an increase in cash generated after accounting for capital expenditures.

  Dividends Paid: Dividends Paid increased to -341 million in 2023 from -2,770 million in 2022 representing a change of 87.7%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
operating cash flow	2538695000	1386702000	83.07
free cash flow	1666027000	936395000	77.92
capital expenditure	-872668000	-450307000	-93.79
depreciation and amortization	1760249000	1696151000	3.78
deferred income tax	0	-321731000	100.00
stock based compensation	0	0	NaN
accounts receivables	-638837000	1413167000	-145.21
accounts payables	198159000	-3084886000	106.42
inventory	-255109000	251711000	-201.35
acquisitions net	0	0	NaN
investments in property plant and equipment	-805482000	-450307000	-78.87
net cash used for investing activites	-1033957000	-2222132000	53.47
debt repayment	-256838000	-2223595000	88.45
common stock issued	0	0	NaN
common stock repurchased	-442642000	-199023000	-122.41
dividends paid	0	0	NaN
net cash used provided by financing activities	-719571000	-2508355000	71.31
net change in cash	1796891000	-2766350000	164.96
cash at end of period	5504930000	3693862000	49.03
cash at beginning of period	3708039000	6460212000	-42.60

Overall Score of Quarterly Cashflow Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 1,797 million in 2024Q2 from -2,766 million in 2024Q1 representing a change of 164.96%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 2,539 million in 2024Q2 from 1,387 million in 2024Q1 representing a change of 83.07%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 1,666 million in 2024Q2 from 936 million in 2024Q1 representing a change of 77.92%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -873 million in 2024Q2 from -450 million in 2024Q1 representing a change of -93.79%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Payables: The absolute value of Accounts Payables decreased to 198 million in 2024Q2 from 3,085 million in 2024Q1 representing a change of 106.42%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to -639 million in 2024Q2 from 1,413 million in 2024Q1 representing a change of -145.21%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2024Q2 from -322 million in 2024Q1 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

Earnings Transcripts ⓘ

We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.

Note: The years mentioned below are fiscal years in accounting.

Q2 2024 Earnings call transcript
Q2 2023 Earnings call transcript
Q1 2023 Earnings call transcript
Q4 2022 Earnings call transcript
Q3 2022 Earnings call transcript
Q2 2022 Earnings call transcript
Q1 2022 Earnings call transcript
Q4 2021 Earnings call transcript

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	183.13	199.62	-8.26
net income per share	-2.1	4.25	-149.50
operating cash flow per share	17.39	14.27	21.91
free cash flow per share	14.32	7.41	93.19
cash per share	30.3	34.37	-11.84
book value per share	34.47	40.42	-14.71
tangible book value per share	8.78	9.23	-4.85
shareholders equity per share	10.57	8.51	24.18
interest debt per share	79.29	101.3	-21.73
market cap	6656742291.57	5257884917.08	26.60
enterprise value	56280619291.57	64564646917.08	-12.83
pe ratio	-4.39	1.89	-331.84
price to sales ratio	0.05	0.04	25.09
pocfratio	0.53	0.56	-5.88
pfcf ratio	0.64	1.08	-40.60
pb ratio	0.87	0.94	-7.60
ptb ratio	0.87	0.94	-7.60
ev to sales	0.43	0.49	-13.88
enterprise value over ebitda	7.41	6.04	22.57
ev to operating cash flow	4.48	6.92	-35.19
ev to free cash flow	5.44	13.31	-59.10
earnings yield	-0.23	0.53	-143.13
free cash flow yield	1.55	0.92	68.36
debt to equity	6.79	11.15	-39.07
debt to assets	0.4	0.46	-13.24
net debt to ebitda	6.53	5.55	17.65
current ratio	1.24	1.25	-1.30
interest coverage	0.18	1.85	-90.21
income quality	-8.27	2.24	-469.18
dividend yield	0.05	0.53	-90.28
payout ratio	-0.22	1.0	-122.53
sales general and administrative to revenue	0.01	0.0	305.52
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.14	0.15	-5.54
capex to operating cash flow	0.18	0.48	-63.27
capex to revenue	0.02	0.03	-51.19
capex to depreciation	0.33	0.8	-59.16
stock based compensation to revenue	0	0	NaN
graham number	22.36	28.52	-21.60
roic	0.01	0.11	-89.08
return on tangible assets	-0.01	0.02	-156.21
graham net net	-102.11	-113.22	9.82
working capital	9929927000	10177498000	-2.43
tangible asset value	6337861000	6037185000	4.98
net current asset value	-53964001000	-59056636000	8.62
invested capital	72759795000	79837115000	-8.86
average receivables	6970387000	5284251000	31.91
average payables	17765831000	11325698000	56.86
average inventory	13082918000	10234081000	27.84
days sales outstanding	19.91	18.8	5.95
days payables outstanding	51.31	60.87	-15.70
days of inventory on hand	31.06	51.91	-40.16
receivables turnover	18.33	19.42	-5.61
payables turnover	7.11	6.0	18.63
inventory turnover	11.75	7.03	67.11
roe	-0.2	0.5	-139.86
capex per share	3.07	6.85	-55.22

• Negative

  ROE: Return on Equity (ROE) decreased to -0.20 on 2023-12-31 from 0.50 on 2022-12-31, representing a change of -139.86%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -4.39 on 2023-12-31 from 1.89 on 2022-12-31, representing a change of -331.84%. Indicating a decrease in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 6.79 on 2023-12-31 from 11.15 on 2022-12-31, representing a change of -39.07%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. However, a ratio of 2.0 or higher is usually considered risky.

• Neutral

  Current Ratio: Current Ratio decreased to 1.24 on 2023-12-31 from 1.25 on 2022-12-31, representing a change of -1.30%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
MRRTY
calendar year	2024	2024	NaN
revenue per share	189.75	49.61	282.48
net income per share	0.4	0.1	303.29
operating cash flow per share	13.36	2.18	513.45
free cash flow per share	8.77	1.47	496.17
cash per share	115.51	32.61	254.25
book value per share	122.12	38.72	215.42
tangible book value per share	22.27	9.54	133.33
shareholders equity per share	29.69	11.51	158.02
interest debt per share	306.44	83.81	265.65
market cap	2303223504.45	6662483106.78	-65.43
enterprise value	58414770504.45	59588881106.78	-1.97
pe ratio	7.64	26.6	-71.28
price to sales ratio	0.06	0.21	-69.71
pocfratio	0.91	4.8	-81.12
pfcf ratio	1.38	7.12	-80.57
pb ratio	0.41	0.91	-55.10
ptb ratio	0.41	0.91	-55.10
ev to sales	1.62	1.89	-14.12
enterprise value over ebitda	18.78	20.7	-9.29
ev to operating cash flow	23.01	42.97	-46.45
ev to free cash flow	35.06	63.64	-44.90
earnings yield	0.03	0.01	248.15
free cash flow yield	0.72	0.14	414.66
debt to equity	10.1	7.11	42.12
debt to assets	0.41	0.4	3.83
net debt to ebitda	18.04	18.39	-1.89
current ratio	1.26	1.27	-1.37
interest coverage	1.24	0.93	34.34
income quality	33.69	51.5	-34.59
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.02	0.0	242.76
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.14	0.14	-3.09
capex to operating cash flow	0.34	0.32	5.86
capex to revenue	0.02	0.01	69.78
capex to depreciation	0.5	0.27	86.74
stock based compensation to revenue	0	0	NaN
graham number	16.28	5.05	222.57
roic	0.14	-0.03	607.97
return on tangible assets	0.0	0.0	13.61
graham net net	-427.62	-116.9	-265.80
working capital	11632559000	11268044000	3.23
tangible asset value	4232201000	6077866000	-30.37
net current asset value	-58134893000	-54193753000	-7.27
invested capital	77219113000	74188645000	4.08
average receivables	7775514500	6975183000	11.47
average payables	17210394500	16436094000	4.71
average inventory	11720017500	12811734500	-8.52
days sales outstanding	22.0	19.19	14.63
days payables outstanding	52.66	52.42	0.46
days of inventory on hand	30.83	41.36	-25.47
receivables turnover	4.09	4.69	-12.76
payables turnover	1.71	1.72	-0.45
inventory turnover	2.92	2.18	34.17
roe	0.01	0.01	56.30
capex per share	4.59	0.71	549.37

• Negative

  ROE: Return on Equity (ROE) decreased to 0.01 on 2024-06-30 Q2 from 0.01 on 2024-03-31 Q1, representing a change of 56.30%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 7.64 on 2024-06-30 Q2 from 26.60 on 2024-03-31 Q1, representing a change of -71.28%. Indicating a decrease in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 10.10 on 2024-06-30 Q2 from 7.11 on 2024-03-31 Q1, representing a change of 42.12%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. A ratio of 2.0 or higher is usually considered risky.

• Neutral

  Current Ratio: Current Ratio decreased to 1.26 on 2024-06-30 Q2 from 1.27 on 2024-03-31 Q1, representing a change of -1.37%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None