BGSF Accounts Payable vs Property Plant and Equipment Net Analysis
BGSF Stock | USD 9.00 0.04 0.44% |
BG Staffing financial indicator trend analysis is way more than just evaluating BG Staffing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BG Staffing is a good investment. Please check the relationship between BG Staffing Accounts Payable and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BG Staffing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.
Accounts Payable vs Property Plant And Equipment Net
Accounts Payable vs Property Plant and Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BG Staffing Accounts Payable account and Property Plant and Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between BG Staffing's Accounts Payable and Property Plant and Equipment Net is -0.74. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant and Equipment Net in the same time period over historical financial statements of BG Staffing, assuming nothing else is changed. The correlation between historical values of BG Staffing's Accounts Payable and Property Plant and Equipment Net 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 Staffing are associated (or correlated) with its Property Plant and Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant and Equipment Net has no effect on the direction of Accounts Payable i.e., BG Staffing's Accounts Payable and Property Plant and Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents BG Staffing 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 Staffing 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 Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from BG Staffing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BG Staffing 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 Staffing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.At this time, BG Staffing's Enterprise Value Over EBITDA is most likely to slightly decrease in the upcoming years. The BG Staffing's current Enterprise Value Multiple is estimated to increase to 8.33, while Selling General Administrative is projected to decrease to roughly 47.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 1.4M | 6.0M | 6.3M | Depreciation And Amortization | 1.4M | 4.1M | 7.8M | 5.4M |
BG Staffing fundamental ratios Correlations
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BG Staffing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BG Staffing fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 10.4M | 10.3M | 10.4M | 10.5M | 10.8M | 9.3M | |
Total Assets | 115.6M | 130.3M | 148.3M | 194.7M | 178.5M | 118.0M | |
Short Long Term Debt Total | 32.9M | 41.6M | 44.0M | 66.7M | 68.9M | 41.2M | |
Other Current Liab | 1.0M | 3.0M | 5.9M | 23.6M | 19.5M | 20.5M | |
Total Current Liabilities | 13.7M | 18.3M | 28.4M | 50.5M | 85.1M | 89.3M | |
Total Stockholder Equity | 68.5M | 65.5M | 76.6M | 100.7M | 85.5M | 54.3M | |
Property Plant And Equipment Net | 7.9M | 9.7M | 8.2M | 2.1M | 6.7M | 4.0M | |
Current Deferred Revenue | 10.6M | 10.4M | 16.6M | 282K | 253.8K | 241.1K | |
Net Debt | 38.3M | 48.5M | 43.9M | (45.4M) | 68.9M | 72.4M | |
Accounts Payable | 479.4K | 219.7K | 401.2K | 586.8K | 95K | 90.3K | |
Non Current Assets Total | 74.8M | 86.6M | 88.1M | 118.5M | 111.6M | 72.7M | |
Non Currrent Assets Other | 243.0K | 1.4M | 8.5M | 9.1M | 7.7M | 8.1M | |
Net Receivables | 39.5M | 41.5M | 48.1M | 71.2M | 56.8M | 41.7M | |
Good Will | 25.2M | 32.1M | 29.1M | 55.2M | 59.6M | 62.6M | |
Liabilities And Stockholders Equity | 115.6M | 130.3M | 148.3M | 194.7M | 178.5M | 117.9M | |
Non Current Liabilities Total | 33.4M | 46.6M | 43.3M | 43.4M | 7.9M | 7.5M | |
Other Current Assets | 19.5K | 10.8M | 2.4M | 565.0K | 10.1M | 10.6M | |
Other Stockholder Equity | 59.6M | 60.5M | 61.9M | 8.6M | 68.6M | 39.4M | |
Total Liab | 47.1M | 64.8M | 71.7M | 93.9M | 93.0M | 63.5M | |
Property Plant And Equipment Gross | 7.9M | 3.7B | 12.5M | 2.1M | 10.7M | 10.2M | |
Total Current Assets | 40.7M | 43.6M | 60.2M | 76.2M | 66.9M | 45.3M | |
Accumulated Other Comprehensive Income | (2.8M) | (122.9K) | 58.3K | 58.3M | 67.1M | 70.4M | |
Short Term Debt | 1.7M | 4.7M | 5.5M | 26.3M | 65.1M | 68.4M | |
Intangible Assets | 33.8M | 33.8M | 33.6M | 47.6M | 30.4M | 32.3M | |
Other Liab | 2.2M | 9.6M | 4.7M | 10.2K | 11.8K | 11.2K | |
Net Tangible Assets | 9.5M | 65.5M | 13.9M | 100.7M | 115.8M | 121.6M | |
Retained Earnings | 8.8M | 5.0M | 14.6M | 33.7M | 16.9M | 11.1M | |
Other Assets | 7.9M | 17.0B | 17.2M | 89.8K | 103.3K | 98.2K | |
Long Term Debt | 27.1M | 32.0M | 35.9M | 40.4M | 46.4M | 31.0M | |
Common Stock Total Equity | 75.8K | 73.8M | 66.4K | 69.8K | 80.3K | 76.3K | |
Retained Earnings Total Equity | 8.8M | 5.0M | 14.6M | 33.7M | 38.7M | 40.6M | |
Long Term Debt Total | 15.8M | 27.1M | 32.0M | 35.9M | 41.3M | 30.5M | |
Capital Surpluse | 59.6M | 60.5M | 61.9M | 67.0M | 77.1M | 49.1M | |
Non Current Liabilities Other | 2.2M | 14.5M | 7.2M | 3.1M | 4.1M | 4.9M | |
Common Stock | 75.8K | 73.8K | 66.4K | 107.7K | 52K | 82.2K | |
Property Plant Equipment | 7.9M | 3.7M | 8.2M | 2.1M | 2.4M | 3.4M | |
Short Long Term Debt | 375K | 2.6M | 3.6M | 26.3M | 63.1M | 66.3M | |
Net Invested Capital | 96.0M | 100.1M | 116.0M | 66.7M | 148.7M | 109.4M | |
Net Working Capital | 27.0M | 25.4M | 31.8M | 25.7M | (18.1M) | (17.2M) | |
Capital Stock | 75.8K | 73.8K | 66.4K | 107.7K | 109K | 93.7K |
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 Staffing 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 Staffing's short interest history, or implied volatility extrapolated from BG Staffing options trading.
Pair Trading with BG Staffing
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 Staffing 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 Staffing will appreciate offsetting losses from the drop in the long position's value.Moving against BGSF Stock
0.5 | NL | NL Industries Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to BG Staffing 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 Staffing 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 Staffing - 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 Staffing to buy it.
The correlation of BG Staffing 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 Staffing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BG Staffing 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 Staffing 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 Staffing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running BG Staffing's price analysis, check to measure BG Staffing's 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 Staffing is operating at the current time. Most of BG Staffing's value examination focuses on studying past and present price action to predict the probability of BG Staffing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BG Staffing's price. Additionally, you may evaluate how the addition of BG Staffing to your portfolios can decrease your overall portfolio volatility.
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Is BG Staffing's 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 Staffing. If investors know BGSF 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 Staffing 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 (0.47) | Dividend Share 0.6 | Earnings Share (0.95) | Revenue Per Share 29.089 | Quarterly Revenue Growth (0.05) |
The market value of BG Staffing is measured differently than its book value, which is the value of BGSF that is recorded on the company's balance sheet. Investors also form their own opinion of BG Staffing's value that differs from its market value or its book value, called intrinsic value, which is BG Staffing's 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 Staffing's market value can be influenced by many factors that don't directly affect BG Staffing's 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 Staffing's value and its price as these two are different measures arrived at by different means. Investors typically determine if BG Staffing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BG Staffing's 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.