BGS Cost Of Revenue vs Operating Income Analysis

BGS Stock

USD 11.06 0.13 1.19%

BG Foods financial indicator trend analysis is way more than just evaluating BG Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BG Foods is a good investment. Please check the relationship between BG Foods Cost Of Revenue and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BG 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 price.

For more information on how to buy BGS Stock please use our How to Invest in BG Foods guide.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BG Foods Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between BG Foods' Cost Of Revenue and Operating Income is 0.66. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of BG Foods, assuming nothing else is changed. The correlation between historical values of BG Foods' Cost Of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of BG Foods are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., BG Foods' Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on BG Foods income statement and represents the costs associated with goods and services BG Foods provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Operating Income

Operating Income is the amount of profit realized from BG Foods operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BG Foods is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from BG Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BG 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 BG 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 price.

For more information on how to buy BGS Stock please use our How to Invest in BG Foods guide.Selling General Administrative is likely to drop to about 96.7 M in 2024. Tax Provision is likely to drop to about 6.4 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	437.0M	409.6M	430.8M	263.2M
Total Revenue	2.1B	2.2B	2.1B	2.2B

Gross Profit Total Revenue

BG Foods 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	Other Liab	Other Assets	Long Term Debt
Total Assets		0.99	0.9	0.84	0.97	0.85	0.99	0.86	0.86	0.45	1.0	-0.32	0.45	0.96	0.93	0.99	0.86	0.58	-0.18	1.0	0.5	0.87	0.25	0.84	-0.16	0.99
Short Long Term Debt Total	0.99		0.84	0.81	0.93	0.84	1.0	0.84	0.82	0.46	0.98	-0.25	0.46	0.93	0.9	1.0	0.86	0.64	-0.22	1.0	0.5	0.88	0.26	0.83	-0.16	1.0
Other Current Liab	0.9	0.84		0.85	0.95	0.81	0.85	0.84	0.88	0.28	0.91	-0.48	0.28	0.93	0.86	0.86	0.74	0.43	-0.14	0.87	0.51	0.74	0.09	0.8	-0.19	0.84
Total Current Liabilities	0.84	0.81	0.85		0.86	0.96	0.81	0.96	0.97	0.31	0.83	-0.32	0.31	0.86	0.78	0.81	0.94	0.56	-0.29	0.83	0.81	0.93	0.08	0.92	0.11	0.83
Total Stockholder Equity	0.97	0.93	0.95	0.86		0.83	0.92	0.86	0.89	0.44	0.97	-0.43	0.44	0.99	0.93	0.93	0.81	0.43	-0.1	0.94	0.48	0.84	0.26	0.8	-0.14	0.92
Property Plant And Equipment Net	0.85	0.84	0.81	0.96	0.83		0.85	0.98	0.95	0.31	0.84	-0.33	0.31	0.85	0.74	0.84	0.96	0.59	-0.44	0.85	0.82	0.94	0.06	0.92	0.1	0.86
Net Debt	0.99	1.0	0.85	0.81	0.92	0.85		0.84	0.82	0.4	0.98	-0.23	0.4	0.92	0.9	1.0	0.86	0.66	-0.24	1.0	0.5	0.87	0.21	0.83	-0.15	0.99
Retained Earnings	0.86	0.84	0.84	0.96	0.86	0.98	0.84		0.97	0.31	0.84	-0.4	0.31	0.88	0.75	0.84	0.94	0.52	-0.48	0.85	0.76	0.92	0.09	0.88	0.04	0.85
Accounts Payable	0.86	0.82	0.88	0.97	0.89	0.95	0.82	0.97		0.42	0.84	-0.48	0.42	0.91	0.76	0.83	0.93	0.47	-0.3	0.84	0.75	0.93	0.21	0.91	-0.01	0.85
Cash	0.45	0.46	0.28	0.31	0.44	0.31	0.4	0.31	0.42		0.4	-0.36	1.0	0.46	0.37	0.45	0.41	0.03	0.24	0.44	0.19	0.53	0.95	0.32	-0.23	0.48
Non Current Assets Total	1.0	0.98	0.91	0.83	0.97	0.84	0.98	0.84	0.84	0.4		-0.31	0.4	0.95	0.93	0.99	0.82	0.59	-0.15	0.99	0.48	0.84	0.21	0.83	-0.18	0.98
Non Currrent Assets Other	-0.32	-0.25	-0.48	-0.32	-0.43	-0.33	-0.23	-0.4	-0.48	-0.36	-0.31		-0.36	-0.46	-0.12	-0.27	-0.27	0.17	0.05	-0.28	-0.05	-0.31	-0.31	-0.34	0.51	-0.29
Cash And Short Term Investments	0.45	0.46	0.28	0.31	0.44	0.31	0.4	0.31	0.42	1.0	0.4	-0.36		0.46	0.37	0.45	0.41	0.03	0.24	0.44	0.19	0.53	0.95	0.32	-0.23	0.48
Net Receivables	0.96	0.93	0.93	0.86	0.99	0.85	0.92	0.88	0.91	0.46	0.95	-0.46	0.46		0.92	0.93	0.83	0.4	-0.17	0.94	0.52	0.86	0.28	0.8	-0.12	0.93
Common Stock Shares Outstanding	0.93	0.9	0.86	0.78	0.93	0.74	0.9	0.75	0.76	0.37	0.93	-0.12	0.37	0.92		0.91	0.73	0.46	-0.03	0.91	0.47	0.75	0.21	0.7	0.02	0.88
Non Current Liabilities Total	0.99	1.0	0.86	0.81	0.93	0.84	1.0	0.84	0.83	0.45	0.99	-0.27	0.45	0.93	0.91		0.85	0.64	-0.2	1.0	0.49	0.87	0.25	0.83	-0.17	1.0
Inventory	0.86	0.86	0.74	0.94	0.81	0.96	0.86	0.94	0.93	0.41	0.82	-0.27	0.41	0.83	0.73	0.85		0.62	-0.38	0.86	0.78	0.99	0.18	0.92	0.09	0.88
Other Current Assets	0.58	0.64	0.43	0.56	0.43	0.59	0.66	0.52	0.47	0.03	0.59	0.17	0.03	0.4	0.46	0.64	0.62		-0.2	0.63	0.52	0.6	-0.11	0.74	-0.2	0.65
Other Stockholder Equity	-0.18	-0.22	-0.14	-0.29	-0.1	-0.44	-0.24	-0.48	-0.3	0.24	-0.15	0.05	0.24	-0.17	-0.03	-0.2	-0.38	-0.2		-0.2	-0.39	-0.3	0.35	-0.22	-0.19	-0.23
Total Liab	1.0	1.0	0.87	0.83	0.94	0.85	1.0	0.85	0.84	0.44	0.99	-0.28	0.44	0.94	0.91	1.0	0.86	0.63	-0.2		0.5	0.87	0.24	0.84	-0.16	1.0
Property Plant And Equipment Gross	0.5	0.5	0.51	0.81	0.48	0.82	0.5	0.76	0.75	0.19	0.48	-0.05	0.19	0.52	0.47	0.49	0.78	0.52	-0.39	0.5		0.75	-0.02	0.78	0.35	0.52
Total Current Assets	0.87	0.88	0.74	0.93	0.84	0.94	0.87	0.92	0.93	0.53	0.84	-0.31	0.53	0.86	0.75	0.87	0.99	0.6	-0.3	0.87	0.75		0.31	0.91	0.04	0.9
Short Term Debt	0.25	0.26	0.09	0.08	0.26	0.06	0.21	0.09	0.21	0.95	0.21	-0.31	0.95	0.28	0.21	0.25	0.18	-0.11	0.35	0.24	-0.02	0.31		0.1	-0.34	0.29
Other Liab	0.84	0.83	0.8	0.92	0.8	0.92	0.83	0.88	0.91	0.32	0.83	-0.34	0.32	0.8	0.7	0.83	0.92	0.74	-0.22	0.84	0.78	0.91	0.1		-0.11	0.85
Other Assets	-0.16	-0.16	-0.19	0.11	-0.14	0.1	-0.15	0.04	-0.01	-0.23	-0.18	0.51	-0.23	-0.12	0.02	-0.17	0.09	-0.2	-0.19	-0.16	0.35	0.04	-0.34	-0.11		-0.18
Long Term Debt	0.99	1.0	0.84	0.83	0.92	0.86	0.99	0.85	0.85	0.48	0.98	-0.29	0.48	0.93	0.88	1.0	0.88	0.65	-0.23	1.0	0.52	0.9	0.29	0.85	-0.18

Click cells to compare fundamentals

BG Foods Account Relationship Matchups

BG Foods fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	3.8B	3.8B	3.8B	3.5B	1.8B
Short Long Term Debt Total	1.9B	2.4B	2.3B	2.5B	2.1B	1.1B
Other Current Liab	86.5M	108.1M	102.0M	78.1M	98.2M	53.2M
Total Current Liabilities	216.9M	245.7M	244.3M	271.5M	262.4M	275.5M
Total Stockholder Equity	812.5M	831.9M	920.3M	868.2M	835.5M	423.2M
Property Plant And Equipment Net	343.6M	404.1M	406.6M	386.3M	374.2M	392.9M
Net Debt	1.9B	2.3B	2.3B	2.4B	2.1B	1.1B
Retained Earnings	843.8M	866.8M	934.2M	876.8M	785.1M	824.3M
Accounts Payable	114.9M	126.5M	129.9M	127.8M	123.8M	130.0M
Cash	11.3M	52.2M	33.7M	45.4M	41.1M	35.1M
Non Current Assets Total	2.6B	3.0B	3.0B	2.8B	2.7B	1.5B
Non Currrent Assets Other	3.3M	5.9M	6.9M	19.1M	23.5M	14.6M
Cash And Short Term Investments	11.3M	52.2M	33.7M	45.4M	41.1M	35.1M
Net Receivables	152.8M	148.7M	149.6M	158.0M	151.0M	79.6M
Common Stock Shares Outstanding	65.0M	64.6M	65.7M	70.5M	74.3M	48.1M
Liabilities And Stockholders Equity	3.2B	3.8B	3.8B	3.8B	3.5B	1.8B
Non Current Liabilities Total	2.2B	2.7B	2.7B	2.7B	2.4B	1.3B
Inventory	472.2M	492.8M	609.8M	726.5M	569.0M	597.4M
Other Current Assets	25.4M	43.6M	41.4M	37.6M	41.7M	43.8M
Other Stockholder Equity	106K	(35.6M)	3.5M	(9.3M)	47.0M	44.6M
Total Liab	2.4B	2.9B	2.9B	3.0B	2.6B	1.4B
Property Plant And Equipment Gross	343.6M	404.1M	406.6M	386.3M	800.3M	840.3M
Total Current Assets	661.8M	737.3M	834.5M	1.0B	802.8M	843.0M
Short Term Debt	15.4M	11.0M	12.4M	65.7M	40.0M	38.0M
Other Liab	292.0M	332.0M	340.6M	309.3M	355.7M	373.5M
Other Assets	10.6M	10.1M	15.5M	29.1M	26.2M	27.5M
Long Term Debt	1.9B	2.3B	2.3B	2.3B	2.0B	1.3B
Good Will	596.4M	644.7M	644.9M	619.2M	619.4M	427.8M
Intangible Assets	1.6B	2.0B	1.9B	1.8B	1.6B	1.0B
Common Stock	640K	643K	685K	717K	786K	531K
Property Plant Equipment	304.9M	371.9M	406.6M	386.3M	444.2M	466.4M
Accumulated Other Comprehensive Income	(31.9M)	(35.6M)	(18.2M)	(9.3M)	2.6M	2.7M
Current Deferred Revenue	3.1M	4.9M	7.4M	475K	546.3K	518.9K
Common Stock Total Equity	656K	640K	643K	685K	787.8K	563.6K
Net Tangible Assets	(1.4B)	(1.8B)	(1.7B)	(1.5B)	(1.4B)	(1.5B)
Retained Earnings Total Equity	806.6M	843.8M	866.8M	934.2M	1.1B	1.1B
Long Term Debt Total	1.9B	2.3B	2.3B	2.3B	2.7B	1.8B
Deferred Long Term Liab	254.3M	4.6M	3.7M	2.8M	2.5M	2.4M
Non Current Liabilities Other	37.6M	62.8M	85.6M	20.6M	20.8M	30.0M

BG Foods Investors Sentiment

The influence of BG Foods' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BGS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to BG Foods' public news can be used to forecast risks associated with an investment in BGS. The trend in average sentiment can be used to explain how an investor holding BGS can time the market purely based on public headlines and social activities around BG Foods. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

BG Foods' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BG Foods' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BG Foods' news discussions. The higher the estimated score, the more favorable is the investor's outlook on BG Foods.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BG Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BG Foods' short interest history, or implied volatility extrapolated from BG Foods options trading.

Pair Trading with BG Foods

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 BG Foods 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 BG Foods will appreciate offsetting losses from the drop in the long position's value.

Moving against BGS Stock

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0.55	SMPL	Simply Good Foods Financial Report 4th of July 2024	Pair Corr
0.51	MDLZ	Mondelez International Sell-off Trend	Pair Corr
0.41	GV	Visionary Education Symbol Change	Pair Corr

The ability to find closely correlated positions to BG Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BG Foods 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 BG Foods - 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 BG Foods to buy it.

The correlation of BG Foods 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 BG Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BG Foods 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 BG Foods 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.

Pair Correlation Correlation Matching

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

How To Invest In BGS

Details

Is BGS Stock a good investment?

Details

What is BG Foods' 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 BG 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 price.

For more information on how to buy BGS Stock please use our How to Invest in BG Foods guide.

Note that the BG Foods information on this page should be used as a complementary analysis to other BG Foods' 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 Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for BGS Stock analysis

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

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Is BG Foods' 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 BG Foods. If investors know BGS 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 BG Foods 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

(0.91)

Dividend Share

0.76

Earnings Share

(0.89)

Revenue Per Share

27.769

Quarterly Revenue Growth

(0.07)

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

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Operating Income

BG Foods fundamental ratios Correlations

BG Foods Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BG Foods fundamental ratios Accounts

BG Foods Investors Sentiment

Pair Trading with BG Foods

Moving against BGS Stock

Complementary Tools for BGS Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total

Non Currrent Assets Other	- 0.48	Accounts Payable
Other Stockholder Equity	- 0.48	Retained Earnings
Non Currrent Assets Other	- 0.48	Other Current Liab
Net Receivables	- 0.46	Non Currrent Assets Other
Other Stockholder Equity	- 0.44	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.43	Total Stockholder Equity