Birks Total Other Income Expense Net vs Selling General Administrative 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 Total Other Income Expense Net and its Selling General Administrative 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.
Total Other Income Expense Net vs Selling General Administrative
Total Other Income Expense Net vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Birks Group Total Other Income Expense Net account and Selling General Administrative. At this time, the significance of the direction appears to have no relationship.
The correlation between Birks' Total Other Income Expense Net and Selling General Administrative is 0.09. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Birks Group, assuming nothing else is changed. The correlation between historical values of Birks' Total Other Income Expense Net and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Birks Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Other Income Expense Net i.e., Birks' Total Other Income Expense Net and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Other Income Expense Net
Selling General Administrative
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 Profit | 76.2M | 68.0M | 73.6M | 93.4M | Total Revenue | 181.3M | 163.0M | 185.3M | 207.1M |
Birks fundamental ratios Correlations
Click cells to compare fundamentals
Birks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Birks fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 210.7M | 201.7M | 183.3M | 197.0M | 203.3M | 169.9M | |
Total Stockholder Equity | 3.4M | (1.4M) | 5.9M | (603K) | (5.1M) | (4.9M) | |
Other Assets | 1.3M | 4.5M | 5.7M | 5.6M | 5.0M | 4.8M | |
Common Stock Shares Outstanding | 18.0M | 18.0M | 18.8M | 18.7M | 19.1M | 15.5M | |
Liabilities And Stockholders Equity | 210.7M | 201.7M | 183.3M | 197.0M | 203.3M | 169.9M | |
Other Stockholder Equity | 19.1M | 18.3M | 23.7M | 23.5M | 21.8M | 22.9M | |
Total Liab | 207.2M | 203.1M | 177.4M | 197.6M | 208.4M | 203.8M | |
Short Long Term Debt Total | 152.8M | 152.4M | 140.4M | 152.0M | 156.6M | 105.3M | |
Other Current Liab | 4.7M | 11.2M | 8.3M | 7.6M | 6.1M | 8.2M | |
Total Current Liabilities | 116.8M | 111.8M | 88.9M | 112.1M | 123.3M | 106.5M | |
Other Liab | 13.0M | 1.6M | 1.5M | 389K | 447.4K | 425.0K | |
Property Plant And Equipment Net | 90.7M | 82.2M | 80.9M | 82.3M | 77.5M | 49.4M | |
Net Debt | 152.2M | 150.6M | 138.4M | 150.7M | 154.8M | 103.4M | |
Retained Earnings | (108.9M) | (114.7M) | (113.4M) | (120.8M) | (125.5M) | (119.2M) | |
Accounts Payable | 48.2M | 38.0M | 28.3M | 37.6M | 43.0M | 45.3M | |
Cash | 565K | 1.8M | 2.0M | 1.3M | 1.8M | 1.9M | |
Non Current Assets Total | 100.2M | 92.7M | 92.5M | 93.3M | 91.1M | 63.7M | |
Non Currrent Assets Other | 4.5M | 5.7M | 5.6M | 2M | 1.6M | 2.2M | |
Long Term Debt | 16.2M | 23.1M | 21.4M | 22.2M | 22.6M | 25.0M | |
Cash And Short Term Investments | 565K | 1.8M | 2.0M | 1.3M | 1.8M | 1.9M | |
Net Receivables | 6.0M | 3.1M | 8.0M | 6.2M | 5.0M | 7.5M | |
Common Stock Total Equity | 89.9M | 93.3M | 93.4M | 95.1M | 109.4M | 83.3M | |
Non Current Liabilities Total | 90.5M | 91.3M | 88.5M | 85.5M | 85.1M | 60.9M | |
Inventory | 101.9M | 97.8M | 78.9M | 88.4M | 99.1M | 113.4M | |
Other Current Assets | 2.0M | 6.3M | 1.8M | 7.8M | 6.4M | 4.1M | |
Property Plant And Equipment Gross | 90.7M | 82.2M | 80.9M | 82.3M | 119.1M | 125.0M | |
Total Current Assets | 110.5M | 108.9M | 90.8M | 103.7M | 112.2M | 126.1M | |
Accumulated Other Comprehensive Income | (227K) | (97K) | (30K) | (36K) | 22.0K | 20.9K | |
Short Term Debt | 63.9M | 62.6M | 52.2M | 66.8M | 74.2M | 64.9M | |
Intangible Assets | 4.9M | 4.9M | 6.0M | 7.0M | 7.9M | 4.5M | |
Common Stock | 93.4M | 95.1M | 95.6M | 96.8M | 98.5M | 82.6M | |
Property Plant Equipment | 90.7M | 82.2M | 80.9M | 82.3M | 94.7M | 99.4M | |
Net Tangible Assets | 9.4M | (1.5M) | (6.3M) | (167K) | (150.3K) | (142.8K) | |
Short Long Term Debt | 58.1M | 56.3M | 45.3M | 60.0M | 67.7M | 44.4M | |
Long Term Debt Total | 16.2M | 23.1M | 21.4M | 22.2M | 20.0M | 22.0M | |
Capital Surpluse | 19.1M | 18.3M | 23.7M | 23.5M | 27.0M | 21.8M | |
Capital Lease Obligations | 78.5M | 73.0M | 73.7M | 69.7M | 66.3M | 39.7M | |
Non Current Liabilities Other | 1.6M | 1.5M | 389K | 358K | 2.7M | 3.0M |
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.