BGS Capital Surpluse vs Short Long Term Debt Analysis

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 Capital Surpluse and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Capital Surpluse vs Short Long Term Debt

Capital Surpluse vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BG Foods Capital Surpluse account and Short Long Term Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between BG Foods' Capital Surpluse and Short Long Term Debt is 0.32. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Short Long Term Debt 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' Capital Surpluse and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of BG Foods are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Capital Surpluse i.e., BG Foods' Capital Surpluse and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Capital Surpluse

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

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. 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.

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

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

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 together with BGS Stock

0.66

BJs Wholesale Club Financial Report 28th of May 2024

Pair Corr

Moving against BGS Stock

0.56	SENEB	Seneca Foods Corp	Pair Corr
0.55	SMPL	Simply Good Foods Financial Report 4th of July 2024	Pair Corr
0.5	ACI	Albertsons Companies Financial Report 23rd of July 2024	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

Check out Trending Equities to better understand how to build diversified portfolios. 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.

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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Other Tools for BGS Stock

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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