Birks Cost Of Revenue vs Reconciled Depreciation Analysis

BGI Stock  USD 1.60  0.03  1.91%   
Birks financial indicator trend analysis is way more than just evaluating Birks Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Birks Group is a good investment. Please check the relationship between Birks Cost Of Revenue and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Birks Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Cost Of Revenue vs Reconciled Depreciation

Cost Of Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Birks Group Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Birks' Cost Of Revenue and Reconciled Depreciation is -0.5. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Birks Group, assuming nothing else is changed. The correlation between historical values of Birks' Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Birks Group are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., Birks' Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Birks Group income statement and represents the costs associated with goods and services Birks 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.

Reconciled Depreciation

Most indicators from Birks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Birks Group 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 Birks Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
As of now, Birks' Enterprise Value Multiple is increasing as compared to previous years. The Birks' current Enterprise Value is estimated to increase to about 354.3 M, while Discontinued Operations is forecasted to increase to (472 K).
 2021 2022 2023 2024 (projected)
Gross Profit76.2M68.0M73.6M93.4M
Total Revenue181.3M163.0M185.3M207.1M

Birks fundamental ratios Correlations

-0.37-0.550.50.380.950.7-0.50.580.170.260.69-0.560.830.340.170.320.510.340.380.490.570.33-0.110.160.35
-0.370.03-0.16-0.29-0.61-0.640.11-0.070.43-0.74-0.650.58-0.20.13-0.75-0.550.050.130.26-0.33-0.830.2-0.35-0.850.2
-0.550.03-0.77-0.61-0.50.110.890.21-0.07-0.040.110.72-0.38-0.030.11-0.110.02-0.030.17-0.69-0.070.30.11-0.070.3
0.5-0.16-0.770.840.470.08-0.85-0.240.130.370.09-0.870.24-0.370.260.19-0.3-0.37-0.120.960.31-0.460.150.29-0.43
0.38-0.29-0.610.840.450.06-0.74-0.250.10.370.07-0.850.2-0.320.320.1-0.3-0.320.050.830.31-0.450.220.48-0.41
0.95-0.61-0.50.470.450.73-0.480.50.030.390.73-0.660.790.270.320.40.430.270.280.50.690.23-0.010.420.25
0.7-0.640.110.080.060.730.030.6-0.150.591.0-0.260.450.20.590.530.410.20.260.150.860.310.140.40.33
-0.50.110.89-0.85-0.74-0.480.030.28-0.15-0.270.030.8-0.310.25-0.15-0.060.260.250.15-0.79-0.190.45-0.02-0.30.44
0.58-0.070.21-0.24-0.250.50.60.280.39-0.230.580.220.750.6-0.21-0.120.770.60.76-0.210.140.91-0.19-0.250.92
0.170.43-0.070.130.10.03-0.15-0.150.39-0.39-0.150.090.380.08-0.37-0.490.130.080.670.09-0.370.34-0.19-0.40.37
0.26-0.74-0.040.370.370.390.59-0.27-0.23-0.390.61-0.58-0.12-0.510.990.68-0.37-0.51-0.370.470.89-0.550.410.8-0.54
0.69-0.650.110.090.070.731.00.030.58-0.150.61-0.270.440.180.60.530.390.180.250.170.870.30.150.410.31
-0.560.580.72-0.87-0.85-0.66-0.260.80.220.09-0.58-0.27-0.310.32-0.5-0.370.260.320.23-0.91-0.570.5-0.26-0.640.48
0.83-0.2-0.380.240.20.790.45-0.310.750.38-0.120.44-0.310.44-0.17-0.020.590.440.60.270.20.6-0.26-0.030.61
0.340.13-0.03-0.37-0.320.270.20.250.60.08-0.510.180.320.44-0.52-0.080.791.00.44-0.41-0.140.71-0.35-0.420.7
0.17-0.750.110.260.320.320.59-0.15-0.21-0.370.990.6-0.5-0.17-0.520.63-0.39-0.52-0.330.380.86-0.510.440.83-0.5
0.32-0.55-0.110.190.10.40.53-0.06-0.12-0.490.680.53-0.37-0.02-0.080.63-0.05-0.08-0.290.220.76-0.25-0.110.42-0.26
0.510.050.02-0.3-0.30.430.410.260.770.13-0.370.390.260.590.79-0.39-0.050.790.58-0.330.020.82-0.37-0.350.82
0.340.13-0.03-0.37-0.320.270.20.250.60.08-0.510.180.320.441.0-0.52-0.080.790.44-0.41-0.140.71-0.35-0.420.7
0.380.260.17-0.120.050.280.260.150.760.67-0.370.250.230.60.44-0.33-0.290.580.44-0.15-0.110.75-0.33-0.340.79
0.49-0.33-0.690.960.830.50.15-0.79-0.210.090.470.17-0.910.27-0.410.380.22-0.33-0.41-0.150.41-0.480.240.43-0.45
0.57-0.83-0.070.310.310.690.86-0.190.14-0.370.890.87-0.570.2-0.140.860.760.02-0.14-0.110.41-0.170.260.71-0.16
0.330.20.3-0.46-0.450.230.310.450.910.34-0.550.30.50.60.71-0.51-0.250.820.710.75-0.48-0.17-0.38-0.491.0
-0.11-0.350.110.150.22-0.010.14-0.02-0.19-0.190.410.15-0.26-0.26-0.350.44-0.11-0.37-0.35-0.330.240.26-0.380.44-0.34
0.16-0.85-0.070.290.480.420.4-0.3-0.25-0.40.80.41-0.64-0.03-0.420.830.42-0.35-0.42-0.340.430.71-0.490.44-0.48
0.350.20.3-0.43-0.410.250.330.440.920.37-0.540.310.480.610.7-0.5-0.260.820.70.79-0.45-0.161.0-0.34-0.48
Click cells to compare fundamentals

Birks Account Relationship Matchups

Birks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets210.7M201.7M183.3M197.0M203.3M169.9M
Total Stockholder Equity3.4M(1.4M)5.9M(603K)(5.1M)(4.9M)
Other Assets1.3M4.5M5.7M5.6M5.0M4.8M
Common Stock Shares Outstanding18.0M18.0M18.8M18.7M19.1M15.5M
Liabilities And Stockholders Equity210.7M201.7M183.3M197.0M203.3M169.9M
Other Stockholder Equity19.1M18.3M23.7M23.5M21.8M22.9M
Total Liab207.2M203.1M177.4M197.6M208.4M203.8M
Short Long Term Debt Total152.8M152.4M140.4M152.0M156.6M105.3M
Other Current Liab4.7M11.2M8.3M7.6M6.1M8.2M
Total Current Liabilities116.8M111.8M88.9M112.1M123.3M106.5M
Other Liab13.0M1.6M1.5M389K447.4K425.0K
Property Plant And Equipment Net90.7M82.2M80.9M82.3M77.5M49.4M
Net Debt152.2M150.6M138.4M150.7M154.8M103.4M
Retained Earnings(108.9M)(114.7M)(113.4M)(120.8M)(125.5M)(119.2M)
Accounts Payable48.2M38.0M28.3M37.6M43.0M45.3M
Cash565K1.8M2.0M1.3M1.8M1.9M
Non Current Assets Total100.2M92.7M92.5M93.3M91.1M63.7M
Non Currrent Assets Other4.5M5.7M5.6M2M1.6M2.2M
Long Term Debt16.2M23.1M21.4M22.2M22.6M25.0M
Cash And Short Term Investments565K1.8M2.0M1.3M1.8M1.9M
Net Receivables6.0M3.1M8.0M6.2M5.0M7.5M
Common Stock Total Equity89.9M93.3M93.4M95.1M109.4M83.3M
Non Current Liabilities Total90.5M91.3M88.5M85.5M85.1M60.9M
Inventory101.9M97.8M78.9M88.4M99.1M113.4M
Other Current Assets2.0M6.3M1.8M7.8M6.4M4.1M
Property Plant And Equipment Gross90.7M82.2M80.9M82.3M119.1M125.0M
Total Current Assets110.5M108.9M90.8M103.7M112.2M126.1M
Accumulated Other Comprehensive Income(227K)(97K)(30K)(36K)22.0K20.9K
Short Term Debt63.9M62.6M52.2M66.8M74.2M64.9M
Intangible Assets4.9M4.9M6.0M7.0M7.9M4.5M
Common Stock93.4M95.1M95.6M96.8M98.5M82.6M
Property Plant Equipment90.7M82.2M80.9M82.3M94.7M99.4M
Net Tangible Assets9.4M(1.5M)(6.3M)(167K)(150.3K)(142.8K)
Short Long Term Debt58.1M56.3M45.3M60.0M67.7M44.4M
Long Term Debt Total16.2M23.1M21.4M22.2M20.0M22.0M
Capital Surpluse19.1M18.3M23.7M23.5M27.0M21.8M
Capital Lease Obligations78.5M73.0M73.7M69.7M66.3M39.7M
Non Current Liabilities Other1.6M1.5M389K358K2.7M3.0M

Currently Active Assets on Macroaxis

When determining whether Birks Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Birks' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Birks Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Birks Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Birks Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Specialty Retail 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 Birks. If investors know Birks 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 Birks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
9.722
Quarterly Revenue Growth
0.175
Return On Assets
0.0038
Return On Equity
(5.89)
The market value of Birks Group is measured differently than its book value, which is the value of Birks that is recorded on the company's balance sheet. Investors also form their own opinion of Birks' value that differs from its market value or its book value, called intrinsic value, which is Birks' 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 Birks' market value can be influenced by many factors that don't directly affect Birks' 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 Birks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Birks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Birks' 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.