| BGFV Stock | | | USD 1.71 0.07 4.27% |
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 Net Income From Continuing Ops and its Cost Of Revenue 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.
Net Income From Continuing Ops vs Cost Of Revenue
Net Income From Continuing Ops vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Big 5 Sporting Net Income From Continuing Ops account and
Cost Of Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Big 5's Net Income From Continuing Ops and Cost Of Revenue is 0.29. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Cost Of Revenue 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 Net Income From Continuing Ops and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Big 5 Sporting are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Big 5's Net Income From Continuing Ops and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.29 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Income From Continuing Ops
Cost Of Revenue
Cost of Revenue is found on Big 5 Sporting income statement and represents the costs associated with goods and services Big 5 provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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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