BJs Asset Turnover vs Total Current Liabilities Analysis
BJ Stock | USD 96.39 1.13 1.16% |
BJs Wholesale financial indicator trend analysis is way more than just evaluating BJs Wholesale Club prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BJs Wholesale Club is a good investment. Please check the relationship between BJs Wholesale Asset Turnover and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BJs Wholesale Club. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Asset Turnover vs Total Current Liabilities
Asset Turnover vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BJs Wholesale Club Asset Turnover account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between BJs Wholesale's Asset Turnover and Total Current Liabilities is 0.69. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of BJs Wholesale Club, assuming nothing else is changed. The correlation between historical values of BJs Wholesale's Asset Turnover and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of BJs Wholesale Club are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Asset Turnover i.e., BJs Wholesale's Asset Turnover and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Total Current Liabilities
Total Current Liabilities is an item on BJs Wholesale balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BJs Wholesale Club are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from BJs Wholesale's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BJs Wholesale Club 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 BJs Wholesale Club. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. At this time, BJs Wholesale's Enterprise Value Multiple is relatively stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | |
Interest Income | 59.4M | 47.5M | 42.7M | 40.6M |
Tax Provision | 131.1M | 176.3M | 212.2M | 222.9M |
BJs Wholesale fundamental ratios Correlations
Click cells to compare fundamentals
BJs Wholesale Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BJs Wholesale fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 139.1M | 138.9M | 138.0M | 136.5M | 135.1M | 146.8M | |
Total Assets | 5.3B | 5.4B | 5.7B | 6.3B | 6.7B | 5.4B | |
Short Long Term Debt Total | 3.8B | 3.2B | 3.0B | 3.1B | 3.0B | 3.1B | |
Other Current Liab | 373.2M | 301.8M | 346.1M | 529.2M | 430.1M | 418.1M | |
Total Current Liabilities | 1.8B | 2.0B | 2.0B | 2.5B | 2.5B | 2.1B | |
Total Stockholder Equity | (54.3M) | 319.3M | 648.1M | 1.0B | 1.5B | 1.5B | |
Other Liab | 144.1M | 186.6M | 210.0M | 223.7M | 201.3M | 189.5M | |
Net Tangible Assets | (1.1B) | (739.9M) | (400.7M) | 3.0B | 3.4B | 3.6B | |
Property Plant And Equipment Net | 2.8B | 2.9B | 3.1B | 3.5B | 3.7B | 2.5B | |
Current Deferred Revenue | 174.7M | 173.7M | 202.6M | 214.6M | 318.7M | 204.6M | |
Net Debt | 3.8B | 3.2B | 2.9B | 3.1B | 3.0B | 3.1B | |
Retained Earnings | (716.4M) | (295.3M) | 131.3M | 644.5M | 1.2B | 1.2B | |
Accounts Payable | 786.4M | 988.1M | 1.1B | 1.2B | 1.2B | 1.0B | |
Cash | 30.2M | 43.5M | 45.4M | 33.9M | 36.0M | 38.9M | |
Non Current Assets Total | 3.9B | 3.9B | 4.2B | 4.6B | 4.9B | 3.8B | |
Non Currrent Assets Other | 18.4M | 19.4M | 23.2M | 30.9M | 43.8M | 30.3M | |
Other Assets | 1K | 25.1M | 28.7M | 42.4M | 48.8M | 28.4M | |
Long Term Debt | 1.3B | 846.2M | 748.6M | 447.9M | 398.4M | 378.5M | |
Cash And Short Term Investments | 30.2M | 43.5M | 45.4M | 33.9M | 36.0M | 38.9M | |
Net Receivables | 206.4M | 172.7M | 174.0M | 239.7M | 234.8M | 217.1M | |
Common Stock Total Equity | 1.4M | 1.4M | 1.5M | 1.5M | 1.3M | 1.3M | |
Long Term Debt Total | 1.4B | 846.2M | 748.6M | 447.9M | 403.1M | 382.9M | |
Liabilities And Stockholders Equity | 5.3B | 5.4B | 5.7B | 6.3B | 6.7B | 5.4B | |
Non Current Liabilities Total | 3.5B | 3.1B | 3.0B | 2.8B | 2.8B | 3.1B | |
Capital Surpluse | 773.6M | 826.4M | 902.7M | 958.6M | 1.1B | 662.0M | |
Capital Lease Obligations | 2.1B | 2.1B | 2.2B | 2.3B | 2.3B | 1.5B | |
Inventory | 1.1B | 1.2B | 1.2B | 1.4B | 1.5B | 1.3B | |
Other Current Assets | 42.0M | 97.3M | 109.5M | 51.0M | 68.4M | 76.7M | |
Other Stockholder Equity | 687.2M | 633.8M | 514.0M | 399.3M | 288.6M | 445.0M | |
Total Liab | 5.3B | 5.1B | 5.0B | 5.3B | 5.2B | 5.1B | |
Property Plant And Equipment Gross | 2.8B | 2.9B | 3.1B | 3.5B | 4.9B | 2.7B | |
Short Long Term Debt | 254.4M | 343.4M | 260M | 405M | 319M | 286.2M | |
Total Current Assets | 1.4B | 1.5B | 1.5B | 1.7B | 1.8B | 1.6B | |
Accumulated Other Comprehensive Income | (26.6M) | (20.5M) | 1.3M | 1.6M | 501K | 526.1K | |
Non Current Liabilities Other | 152.4M | 180.9M | 157.1M | 194.1M | 4.9M | 4.6M | |
Cash And Equivalents | 30.2M | 43.5M | 45.4M | 33.9M | 39.0M | 38.8M | |
Short Term Debt | 467.1M | 523.0M | 282.9M | 759.5M | 472.6M | 412.4M | |
Intangible Assets | 147.0M | 135.1M | 124.6M | 115.5M | 107.6M | 130.9M | |
Common Stock | 1.4M | 1.4M | 1.5M | 1.5M | 1.5M | 1.4M | |
Property Plant Equipment | 2.8B | 2.9B | 3.1B | 3.5B | 4.0B | 2.3B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in BJs Wholesale Club. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Consumer Staples Distribution & 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 BJs Wholesale. If investors know BJs 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 BJs Wholesale 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 0.113 | Earnings Share 4.17 | Revenue Per Share 153.894 | Quarterly Revenue Growth 0.049 | Return On Assets 0.0733 |
The market value of BJs Wholesale Club is measured differently than its book value, which is the value of BJs that is recorded on the company's balance sheet. Investors also form their own opinion of BJs Wholesale's value that differs from its market value or its book value, called intrinsic value, which is BJs Wholesale's 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 BJs Wholesale's market value can be influenced by many factors that don't directly affect BJs Wholesale's 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 BJs Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if BJs Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BJs Wholesale's 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.