Bridgford Common Stock vs Property Plant And Equipment Net Analysis

BRID Stock  USD 9.23  0.23  2.56%   
Bridgford Foods financial indicator trend analysis is way more than just evaluating Bridgford Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridgford Foods is a good investment. Please check the relationship between Bridgford Foods Common Stock and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgford Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.

Common Stock vs Property Plant And Equipment Net

Common Stock vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridgford Foods Common Stock account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bridgford Foods' Common Stock and Property Plant And Equipment Net is -0.58. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Bridgford Foods, assuming nothing else is changed. The correlation between historical values of Bridgford Foods' Common Stock and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Bridgford Foods are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock i.e., Bridgford Foods' Common Stock and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Bridgford Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridgford Foods 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 Bridgford Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.The current year's Enterprise Value is expected to grow to about 71.3 M, whereas Selling General Administrative is forecasted to decline to about 38.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit72.1M70.4M80.9M49.0M
Total Revenue265.9M251.6M289.4M145.5M

Bridgford Foods fundamental ratios Correlations

0.50.530.720.950.960.140.970.510.980.510.98-0.690.360.970.09-0.680.480.850.980.620.65-0.33-0.89-0.680.03
0.50.430.740.260.650.870.3-0.310.63-0.310.46-0.160.770.370.43-0.210.820.30.340.740.760.1-0.58-0.020.16
0.530.430.630.440.50.240.450.120.560.120.52-0.440.330.480.36-0.50.440.320.470.310.580.13-0.36-0.180.0
0.720.740.630.530.750.490.560.220.770.220.73-0.550.680.620.34-0.590.820.460.640.630.90.08-0.67-0.120.15
0.950.260.440.530.88-0.120.990.650.890.650.93-0.620.040.96-0.1-0.580.190.910.970.470.5-0.53-0.84-0.75-0.19
0.960.650.50.750.880.340.90.340.980.340.93-0.510.390.890.1-0.50.520.830.890.760.74-0.41-0.92-0.58-0.07
0.140.870.240.49-0.120.34-0.08-0.650.31-0.650.080.110.780.030.330.050.750.0-0.040.590.560.26-0.310.240.23
0.970.30.450.560.990.9-0.080.640.920.640.96-0.660.130.96-0.03-0.620.260.880.980.510.52-0.47-0.84-0.75-0.09
0.51-0.310.120.220.650.34-0.650.640.361.00.57-0.47-0.290.54-0.14-0.4-0.160.490.640.040.1-0.43-0.38-0.4-0.14
0.980.630.560.770.890.980.310.920.360.360.96-0.630.470.930.17-0.630.590.80.920.710.72-0.28-0.88-0.60.08
0.51-0.310.120.220.650.34-0.650.641.00.360.57-0.47-0.290.54-0.14-0.4-0.160.490.640.040.1-0.43-0.38-0.4-0.14
0.980.460.520.730.930.930.080.960.570.960.57-0.670.330.930.15-0.660.470.780.970.650.65-0.36-0.88-0.650.07
-0.69-0.16-0.44-0.55-0.62-0.510.11-0.66-0.47-0.63-0.47-0.67-0.34-0.74-0.110.98-0.42-0.47-0.72-0.19-0.26-0.280.420.65-0.27
0.360.770.330.680.040.390.780.13-0.290.47-0.290.33-0.340.240.57-0.410.980.010.220.580.530.49-0.340.090.69
0.970.370.480.620.960.890.030.960.540.930.540.93-0.740.24-0.08-0.710.360.90.980.460.56-0.33-0.86-0.75-0.06
0.090.430.360.34-0.10.10.33-0.03-0.140.17-0.140.15-0.110.57-0.08-0.190.54-0.35-0.010.420.160.410.060.180.62
-0.68-0.21-0.5-0.59-0.58-0.50.05-0.62-0.4-0.63-0.4-0.660.98-0.41-0.71-0.19-0.49-0.42-0.69-0.18-0.3-0.350.390.55-0.33
0.480.820.440.820.190.520.750.26-0.160.59-0.160.47-0.420.980.360.54-0.490.140.350.640.680.41-0.460.040.57
0.850.30.320.460.910.830.00.880.490.80.490.78-0.470.010.9-0.35-0.420.140.870.320.53-0.55-0.81-0.66-0.37
0.980.340.470.640.970.89-0.040.980.640.920.640.97-0.720.220.98-0.01-0.690.350.870.490.56-0.38-0.86-0.73-0.03
0.620.740.310.630.470.760.590.510.040.710.040.65-0.190.580.460.42-0.180.640.320.490.59-0.25-0.71-0.20.21
0.650.760.580.90.50.740.560.520.10.720.10.65-0.260.530.560.16-0.30.680.530.560.59-0.17-0.7-0.04-0.07
-0.330.10.130.08-0.53-0.410.26-0.47-0.43-0.28-0.43-0.36-0.280.49-0.330.41-0.350.41-0.55-0.38-0.25-0.170.490.310.55
-0.89-0.58-0.36-0.67-0.84-0.92-0.31-0.84-0.38-0.88-0.38-0.880.42-0.34-0.860.060.39-0.46-0.81-0.86-0.71-0.70.490.520.11
-0.68-0.02-0.18-0.12-0.75-0.580.24-0.75-0.4-0.6-0.4-0.650.650.09-0.750.180.550.04-0.66-0.73-0.2-0.040.310.520.06
0.030.160.00.15-0.19-0.070.23-0.09-0.140.08-0.140.07-0.270.69-0.060.62-0.330.57-0.37-0.030.21-0.070.550.110.06
Click cells to compare fundamentals

Bridgford Foods Account Relationship Matchups

Bridgford Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.3M156.8M176.3M167.0M192.0M201.7M
Short Long Term Debt Total30.6M38.1M9.7M7.5M8.6M7.6M
Other Current Liab10.1M10.4M11.2M7.9M9.0M8.8M
Total Current Liabilities26.2M25.6M26.9M18.0M20.7M15.1M
Total Stockholder Equity71.2M75.0M126.3M129.5M149.0M156.4M
Property Plant And Equipment Net73.3M72.9M71.8M67.5M77.6M81.5M
Net Debt26.3M39.0M(6.6M)(8.2M)(9.4M)(9.9M)
Retained Earnings79.8M74.3M119.3M122.8M141.2M148.3M
Cash4.3M(985K)16.3M15.7M18.1M9.8M
Cash And Short Term Investments4.3M(985K)16.3M15.7M18.1M9.8M
Net Receivables33.3M24.4M35.7M30.8M35.4M37.1M
Liabilities And Stockholders Equity155.3M156.8M176.3M167.0M192.0M201.7M
Non Current Liabilities Total57.8M56.2M23.2M19.5M22.4M16.0M
Inventory29.3M36.8M40.5M40.6M46.7M49.0M
Other Current Assets1.8M741K321K435K391.5K371.9K
Total Liab84.0M81.8M50.0M37.5M43.1M30.2M
Property Plant And Equipment Gross73.3K137.4M142.8M140.9M162.0M170.1M
Total Current Assets68.8M70.3M92.9M87.5M100.6M105.6M
Accumulated Other Comprehensive Income(25.9M)(16.7M)(10.4M)(10.7M)(9.6M)(10.1M)
Short Term Debt4.9M2.1M1.3M2.2M2.6M1.4M
Accounts Payable10.5M12.4M13.7M7.2M8.3M6.0M
Non Currrent Assets Other10.9M13.6M2.6M3.7M4.2M4.0M
Other Liab24.9M33.1M20.2M15.8M18.2M18.8M
Other Assets16.3M13.2K13.6M11.6M13.3M15.2M
Property Plant Equipment54.3M73.3M72.9M71.8M82.6M86.7M
Net Tangible Assets66.5M71.2M75.0M126.3M145.3M152.5M
Long Term Debt24.7M36.0M3.8M2.8M3.2M3.0M
Short Long Term Debt4.4M1.1M1.1M1.0M1.2M1.5M
Capital Lease Obligations1.5M985K4.8M3.7M4.2M4.4M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Bridgford Foods is a strong investment it is important to analyze Bridgford Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bridgford Foods' future performance. For an informed investment choice regarding Bridgford Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgford Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Packaged Foods & Meats 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 Bridgford Foods. If investors know Bridgford 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 Bridgford Foods 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
0.325
Earnings Share
(0.11)
Revenue Per Share
25.53
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.01)
The market value of Bridgford Foods is measured differently than its book value, which is the value of Bridgford that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgford Foods' value that differs from its market value or its book value, called intrinsic value, which is Bridgford Foods' 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 Bridgford Foods' market value can be influenced by many factors that don't directly affect Bridgford Foods' 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 Bridgford Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgford Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgford Foods' 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.