BGS Current Deferred Revenue vs Other Stockholder Equity 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 Current Deferred Revenue and its Other Stockholder Equity 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.
Current Deferred Revenue vs Other Stockholder Equity
Current Deferred Revenue vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BG Foods Current Deferred Revenue account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between BG Foods' Current Deferred Revenue and Other Stockholder Equity is 0.31. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Stockholder Equity 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' Current Deferred Revenue and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of BG Foods are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., BG Foods' Current Deferred Revenue and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Other Stockholder Equity
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 98.7 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 |
BG Foods fundamental ratios Correlations
Click cells to compare fundamentals
BG Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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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.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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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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.