Bridgford Non Currrent Assets Other vs Total Liab Analysis
BRID Stock | USD 9.26 0.05 0.54% |
Bridgford Foods financial indicator trend analysis is way more than just evaluating Bridgford Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridgford Foods is a good investment. Please check the relationship between Bridgford Foods Non Currrent Assets Other and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgford Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.
Non Currrent Assets Other vs Total Liab
Non Currrent Assets Other vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridgford Foods Non Currrent Assets Other account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bridgford Foods' Non Currrent Assets Other and Total Liab is 0.41. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Liab in the same time period over historical financial statements of Bridgford Foods, assuming nothing else is changed. The correlation between historical values of Bridgford Foods' Non Currrent Assets Other and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Bridgford Foods are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Currrent Assets Other i.e., Bridgford Foods' Non Currrent Assets Other and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Bridgford Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridgford 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 Bridgford Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.The current year's Enterprise Value is expected to grow to about 71.3 M, whereas Selling General Administrative is forecasted to decline to about 38.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 72.1M | 70.4M | 80.9M | 49.0M | Total Revenue | 265.9M | 251.6M | 289.4M | 145.5M |
Bridgford Foods fundamental ratios Correlations
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Bridgford Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bridgford Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 155.3M | 156.8M | 176.3M | 167.0M | 192.0M | 201.7M | |
Short Long Term Debt Total | 30.6M | 38.1M | 9.7M | 7.5M | 8.6M | 7.6M | |
Other Current Liab | 10.1M | 10.4M | 11.2M | 7.9M | 9.0M | 8.8M | |
Total Current Liabilities | 26.2M | 25.6M | 26.9M | 18.0M | 20.7M | 15.1M | |
Total Stockholder Equity | 71.2M | 75.0M | 126.3M | 129.5M | 149.0M | 156.4M | |
Property Plant And Equipment Net | 73.3M | 72.9M | 71.8M | 67.5M | 77.6M | 81.5M | |
Net Debt | 26.3M | 39.0M | (6.6M) | (8.2M) | (9.4M) | (9.9M) | |
Retained Earnings | 79.8M | 74.3M | 119.3M | 122.8M | 141.2M | 148.3M | |
Cash | 4.3M | (985K) | 16.3M | 15.7M | 18.1M | 9.8M | |
Cash And Short Term Investments | 4.3M | (985K) | 16.3M | 15.7M | 18.1M | 9.8M | |
Net Receivables | 33.3M | 24.4M | 35.7M | 30.8M | 35.4M | 37.1M | |
Liabilities And Stockholders Equity | 155.3M | 156.8M | 176.3M | 167.0M | 192.0M | 201.7M | |
Non Current Liabilities Total | 57.8M | 56.2M | 23.2M | 19.5M | 22.4M | 16.0M | |
Inventory | 29.3M | 36.8M | 40.5M | 40.6M | 46.7M | 49.0M | |
Other Current Assets | 1.8M | 741K | 321K | 435K | 391.5K | 371.9K | |
Total Liab | 84.0M | 81.8M | 50.0M | 37.5M | 43.1M | 30.2M | |
Property Plant And Equipment Gross | 73.3K | 137.4M | 142.8M | 140.9M | 162.0M | 170.1M | |
Total Current Assets | 68.8M | 70.3M | 92.9M | 87.5M | 100.6M | 105.6M | |
Accumulated Other Comprehensive Income | (25.9M) | (16.7M) | (10.4M) | (10.7M) | (9.6M) | (10.1M) | |
Short Term Debt | 4.9M | 2.1M | 1.3M | 2.2M | 2.6M | 1.4M | |
Accounts Payable | 10.5M | 12.4M | 13.7M | 7.2M | 8.3M | 6.0M | |
Non Currrent Assets Other | 10.9M | 13.6M | 2.6M | 3.7M | 4.2M | 4.0M | |
Other Liab | 24.9M | 33.1M | 20.2M | 15.8M | 18.2M | 18.8M | |
Other Assets | 16.3M | 13.2K | 13.6M | 11.6M | 13.3M | 15.2M | |
Property Plant Equipment | 54.3M | 73.3M | 72.9M | 71.8M | 82.6M | 86.7M | |
Net Tangible Assets | 66.5M | 71.2M | 75.0M | 126.3M | 145.3M | 152.5M | |
Long Term Debt | 24.7M | 36.0M | 3.8M | 2.8M | 3.2M | 3.0M | |
Short Long Term Debt | 4.4M | 1.1M | 1.1M | 1.0M | 1.2M | 1.5M | |
Capital Lease Obligations | 1.5M | 985K | 4.8M | 3.7M | 4.2M | 4.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Bridgford Foods is a strong investment it is important to analyze Bridgford 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 Bridgford Foods' future performance. For an informed investment choice regarding Bridgford Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgford Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock 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.
Is Packaged Foods & Meats space 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 Bridgford Foods. If investors know Bridgford 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 Bridgford 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 0.325 | Earnings Share (0.11) | Revenue Per Share 25.53 | Quarterly Revenue Growth (0.09) | Return On Assets (0.01) |
The market value of Bridgford Foods is measured differently than its book value, which is the value of Bridgford that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgford Foods' value that differs from its market value or its book value, called intrinsic value, which is Bridgford 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 Bridgford Foods' market value can be influenced by many factors that don't directly affect Bridgford 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 Bridgford Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgford Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgford 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.