BGS Accounts Payable vs Property Plant And Equipment Gross 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 Accounts Payable and its Property Plant And Equipment Gross 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.

Accounts Payable vs Property Plant And Equipment Gross

Accounts Payable vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BG Foods Accounts Payable account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.

The correlation between BG Foods' Accounts Payable and Property Plant And Equipment Gross is 0.75. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Gross 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' Accounts Payable and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of BG Foods are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Accounts Payable i.e., BG Foods' Accounts Payable and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents BG Foods obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of BG Foods are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant And Equipment Gross

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

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

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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

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

0.68	IH	IhumanInc	Pair Corr
0.61	RMCF	Rocky Mountain Chocolate Report 22nd of May 2024	Pair Corr
0.54	SMPL	Simply Good Foods Financial Report 4th of July 2024	Pair Corr
0.52	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 Food, Beverage & Tobacco Companies

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Largest Consumer Defensive 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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 Accounts Payable vs Property Plant And Equipment Gross Analysis

Accounts Payable vs Property Plant And Equipment Gross

Accounts Payable vs Property Plant And Equipment Gross Correlation Analysis

Correlation Coefficient

Accounts Payable

Property Plant And Equipment Gross

BG Foods fundamental ratios Correlations

BG Foods Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BG Foods fundamental ratios Accounts

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