Big Yellow Net Income vs. Gross Profit
| BYG Stock | 1,084 8.00 0.73% |
Net Income | First Reported 1999-01-31 | Previous Quarter 119.6 M | Current Value 120.2 M | Quarterly Volatility 58 M |
For Big Yellow profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Big Yellow to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Big Yellow Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Big Yellow's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Big Yellow Group over time as well as its relative position and ranking within its peers.
Big |
Big Yellow Group Gross Profit vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Big Yellow's current stock value. Our valuation model uses many indicators to compare Big Yellow value to that of its competitors to determine the firm's financial worth. Big Yellow Group is number one stock in net income category among its peers. It also is number one stock in gross profit category among its peers fabricating about 0.54 of Gross Profit per Net Income. The ratio of Net Income to Gross Profit for Big Yellow Group is roughly 1.84 . At present, Big Yellow's Net Income is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Big Yellow's earnings, one of the primary drivers of an investment's value.Big Gross Profit vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Big Yellow |
| = | 239.83 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Big Yellow |
| = | 130.44 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Big Gross Profit Comparison
Big Yellow is currently under evaluation in gross profit category among its peers.
Big Yellow Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Big Yellow, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Big Yellow will eventually generate negative long term returns. The profitability progress is the general direction of Big Yellow's change in net profit over the period of time. It can combine multiple indicators of Big Yellow, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 88.3 M | 92.7 M | |
| Operating Income | 128.4 M | 134.8 M | |
| Income Before Tax | 241 M | 253.1 M | |
| Total Other Income Expense Net | 112.6 M | 118.3 M | |
| Net Income | 239.8 M | 251.8 M | |
| Income Tax Expense | 1.2 M | 1.3 M | |
| Net Income Applicable To Common Shares | 801.9 M | 842 M | |
| Net Income From Continuing Ops | 239.8 M | 200.5 M | |
| Net Interest Income | -22.9 M | -21.8 M | |
| Interest Income | 45 K | 42.8 K | |
| Change To Netincome | -540.5 M | -513.5 M |
Big Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Big Yellow. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Big Yellow position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Big Yellow's important profitability drivers and their relationship over time.
Use Big Yellow in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Big Yellow position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Big Yellow will appreciate offsetting losses from the drop in the long position's value.Big Yellow Pair Trading
Big Yellow Group Pair Trading Analysis
The ability to find closely correlated positions to Big Yellow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Yellow when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Big Yellow - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Big Yellow Group to buy it.
The correlation of Big Yellow is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Big Yellow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Yellow Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Big Yellow can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Big Yellow position
In addition to having Big Yellow in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Big Stock
To fully project Big Yellow's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Big Yellow Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Big Yellow's income statement, its balance sheet, and the statement of cash flows.