BGS Historical Income Statement
BGS Stock | USD 10.62 0.02 0.19% |
Historical analysis of BG Foods income statement accounts such as Interest Expense of 159.8 M, Selling General Administrative of 99.3 M or Total Revenue of 2.2 B can show how well BG Foods performed in making a profits. Evaluating BG Foods income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BG Foods's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining BG Foods latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether BG Foods is a good buy for the upcoming year.
BGS |
About BGS Income Statement Analysis
BG Foods Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to BG Foods shareholders. The income statement also shows BGS investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
BG Foods Income Statement Chart
BG Foods Income Statement is one of the three primary financial statements used for reporting BGS's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BG Foods revenue and expense. BG Foods Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BG Foods' Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 159.8 M in 2024, whereas Gross Profit is likely to drop slightly above 263.2 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts BG Foods generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of BG Foods minus its cost of goods sold. It is profit before BG Foods operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BG Foods. It is also known as BG Foods overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from BG Foods' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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.At this time, BG Foods' Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 159.8 M in 2024, whereas Gross Profit is likely to drop slightly above 263.2 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 income statement Correlations
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BG Foods Account Relationship Matchups
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BG Foods income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 19.7M | 21.7M | 49.2M | 21.3M | 88.4M | 92.8M | |
Interest Expense | 98.1M | 101.6M | 106.9M | 124.9M | 152.2M | 159.8M | |
Selling General Administrative | 152.9M | 175.6M | 189.0M | 185.2M | 194.7M | 99.3M | |
Total Revenue | 1.7B | 2.0B | 2.1B | 2.2B | 2.1B | 2.2B | |
Gross Profit | 383.1M | 481.7M | 437.0M | 409.6M | 430.8M | 263.2M | |
Other Operating Expenses | 1.5B | 1.7B | 1.8B | 2.0B | 1.8B | 1.9B | |
Operating Income | 203.8M | 276.4M | 196.1M | 205.3M | 244.7M | 144.3M | |
Ebit | 203.8M | 276.4M | 196.1M | 205.3M | 244.7M | 133.8M | |
Ebitda | 223.5M | 298.1M | 245.3M | 226.6M | 333.1M | 349.8M | |
Cost Of Revenue | 1.3B | 1.5B | 1.6B | 1.8B | 1.6B | 1.7B | |
Total Operating Expenses | 179.3M | 205.3M | 217.8M | 211.7M | 186.0M | 124.4M | |
Income Before Tax | 105.7M | 177.4M | 93.7M | (18.9M) | (67.1M) | (63.8M) | |
Total Other Income Expense Net | (98.1M) | (99.1M) | (102.4M) | (224.3M) | (311.9M) | (296.3M) | |
Net Income | 76.4M | 132.0M | 67.4M | (11.4M) | (66.2M) | (62.9M) | |
Income Tax Expense | 29.3M | 45.4M | 26.3M | (7.5M) | (935K) | (888.3K) | |
Net Income Applicable To Common Shares | 76.4M | 132.0M | 67.4M | (11.4M) | (13.1M) | (12.4M) | |
Net Income From Continuing Ops | 135.0M | 222.7M | 119.9M | (11.4M) | (44.5M) | (42.2M) | |
Non Operating Income Net Other | (9.5M) | (18K) | 2.6M | 4.5M | 5.1M | 5.4M | |
Tax Provision | 29.3M | 45.0M | 25.9M | (9.8M) | 6.8M | 6.4M | |
Interest Income | 98.1M | 101.6M | 106.9M | 124.9M | 143.7M | 104.1M | |
Net Interest Income | (98.1M) | (101.6M) | (106.9M) | (124.9M) | (147.4M) | (154.8M) | |
Reconciled Depreciation | 70.1M | 75.7M | 96.9M | 97.4M | 89.7M | 83.7M | |
Extraordinary Items | 3.5M | (800K) | (400K) | (2.3M) | (2.1M) | (2.0M) |
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 together with BGS Stock
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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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.