BGS Operating Margin vs PPandE Turnover Analysis
BGS Stock | USD 11.05 0.02 0.18% |
Trend analysis of BG Foods balance sheet accounts such as Short Long Term Debt Total of 1.1 B, Other Current Liabilities of 53.2 M or Total Current Liabilities of 275.5 M provides information on BG Foods' total assets, liabilities, and equity, which is the actual value of BG Foods to its prevalent stockholders. By breaking down trends over time using BG Foods balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
BGS |
About BGS Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of BG Foods at a specified time, usually calculated after every quarter, six months, or one year. BG Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BG Foods and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BGS currently owns. An asset can also be divided into two categories, current and non-current.
BG Foods Balance Sheet Chart
BG Foods Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how BG Foods uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, BG Foods' Other Liabilities is comparatively stable compared to the past year. Other Assets is likely to gain to about 27.5 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.1 B in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of BG Foods assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BG Foods books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on BG Foods balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BG Foods are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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
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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 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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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.