| BGFV Stock | | | USD 1.64 0.01 0.61% |
Big 5 financial indicator trend analysis is way more than just evaluating Big 5 Sporting prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big 5 Sporting is a good investment. Please check the relationship between Big 5 Intangible Assets and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Big 5 Sporting. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Intangible Assets vs Net Receivables
Intangible Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Big 5 Sporting Intangible Assets account and
Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Big 5's Intangible Assets and Net Receivables is -0.25. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Big 5 Sporting, assuming nothing else is changed. The correlation between historical values of Big 5's Intangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Big 5 Sporting are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Intangible Assets i.e., Big 5's Intangible Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.25 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Net Receivables
Most indicators from Big 5's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big 5 Sporting 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 Big 5 Sporting. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Big 5's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 52.13 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.21 in 2024.
Big 5 fundamental ratios Correlations
Click cells to compare fundamentals
Big 5 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Big 5 fundamental ratios Accounts
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Additional Tools for Big Stock Analysis
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