Big Total Current Liabilities vs Other Stockholder Equity Analysis

BGFV Stock

USD 3.30 0.07 2.17%

Big 5 financial indicator trend analysis is way more than just evaluating Big 5 Sporting prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big 5 Sporting is a good investment. Please check the relationship between Big 5 Total Current Liabilities and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big 5 Sporting. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Total Current Liabilities vs Other Stockholder Equity

Total Current Liabilities vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big 5 Sporting Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Big 5's Total Current Liabilities and Other Stockholder Equity is -0.17. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Big 5 Sporting, assuming nothing else is changed. The correlation between historical values of Big 5's Total Current Liabilities and Other Stockholder Equity 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 Current Liabilities of Big 5 Sporting are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Big 5's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Big 5 balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Big 5 Sporting 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.

Other Stockholder Equity

Most indicators from Big 5's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big 5 Sporting 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 Big 5 Sporting. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

At this time, Big 5's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 52.13 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.21 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	435.8M	341.2M	285.8M	330.4M
Total Revenue	1.2B	995.5M	884.7M	985.8M

Gross Profit Total Revenue

Big 5 fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Debt	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables
Total Assets		0.63	0.92	0.72	-0.62	0.82	-0.13	0.68	-0.49	-0.24	0.68	0.46	0.34	0.15	-0.3	0.83	0.6	-0.34	0.57	0.43	0.79	0.89	0.75	0.88	-0.05	0.25
Other Current Liab	0.63		0.83	0.71	-0.14	0.33	0.51	0.77	-0.62	-0.55	0.77	0.69	0.42	0.3	0.15	0.31	0.75	-0.36	0.65	0.58	0.28	0.5	0.75	0.49	-0.36	0.66
Total Current Liabilities	0.92	0.83		0.71	-0.5	0.67	0.23	0.8	-0.51	-0.36	0.8	0.52	0.36	0.15	-0.17	0.72	0.65	-0.31	0.58	0.59	0.65	0.79	0.74	0.79	-0.23	0.35
Total Stockholder Equity	0.72	0.71	0.71		0.02	0.42	0.23	0.42	-0.9	-0.77	0.42	0.84	0.77	0.61	0.32	0.21	0.94	-0.61	0.94	0.35	0.21	0.48	0.92	0.46	-0.4	0.41
Other Liab	-0.62	-0.14	-0.5	0.02		-0.78	0.49	-0.49	-0.26	-0.48	-0.49	0.17	0.36	0.43	0.81	-0.9	0.18	-0.06	0.16	-0.21	-0.94	-0.84	-0.19	-0.84	-0.5	0.2
Net Debt	0.82	0.33	0.67	0.42	-0.78		-0.35	0.36	-0.33	-0.03	0.36	0.36	0.18	-0.01	-0.49	0.82	0.33	-0.34	0.4	0.13	0.94	0.96	0.59	0.96	0.26	0.09
Accounts Payable	-0.13	0.51	0.23	0.23	0.49	-0.35		0.15	-0.36	-0.57	0.15	0.42	0.47	0.36	0.57	-0.36	0.45	-0.05	0.31	0.38	-0.43	-0.27	0.2	-0.27	-0.69	0.33
Cash	0.68	0.77	0.8	0.42	-0.49	0.36	0.15		-0.17	0.0	1.0	0.25	-0.06	0.03	-0.29	0.62	0.36	-0.11	0.22	0.78	0.51	0.58	0.47	0.57	-0.03	0.36
Other Assets	-0.49	-0.62	-0.51	-0.9	-0.26	-0.33	-0.36	-0.17		0.87	-0.17	-0.93	-0.86	-0.68	-0.54	0.05	-0.96	0.64	-0.99	-0.2	-0.03	-0.3	-0.83	-0.28	0.48	-0.51
Long Term Debt	-0.24	-0.55	-0.36	-0.77	-0.48	-0.03	-0.57	0.0	0.87		0.0	-0.82	-0.81	-0.58	-0.68	0.3	-0.82	0.6	-0.86	-0.11	0.26	-0.03	-0.68	-0.03	0.56	-0.38
Cash And Short Term Investments	0.68	0.77	0.8	0.42	-0.49	0.36	0.15	1.0	-0.17	0.0		0.25	-0.06	0.03	-0.3	0.62	0.36	-0.11	0.22	0.78	0.51	0.58	0.47	0.57	-0.03	0.36
Common Stock Shares Outstanding	0.46	0.69	0.52	0.84	0.17	0.36	0.42	0.25	-0.93	-0.82	0.25		0.77	0.74	0.39	-0.04	0.91	-0.75	0.93	0.31	0.1	0.37	0.89	0.36	-0.32	0.48
Inventory	0.34	0.42	0.36	0.77	0.36	0.18	0.47	-0.06	-0.86	-0.81	-0.06	0.77		0.65	0.59	-0.14	0.87	-0.38	0.85	0.12	-0.11	0.11	0.67	0.09	-0.63	0.29
Other Current Assets	0.15	0.3	0.15	0.61	0.43	-0.01	0.36	0.03	-0.68	-0.58	0.03	0.74	0.65		0.33	-0.29	0.68	-0.58	0.65	0.18	-0.23	-0.02	0.56	-0.04	-0.42	0.32
Other Stockholder Equity	-0.3	0.15	-0.17	0.32	0.81	-0.49	0.57	-0.29	-0.54	-0.68	-0.3	0.39	0.59	0.33		-0.69	0.46	-0.08	0.46	-0.08	-0.71	-0.53	0.13	-0.54	-0.64	0.26
Total Liab	0.83	0.31	0.72	0.21	-0.9	0.82	-0.36	0.62	0.05	0.3	0.62	-0.04	-0.14	-0.29	-0.69		0.07	0.01	0.04	0.32	0.94	0.87	0.3	0.87	0.26	0.02
Total Current Assets	0.6	0.75	0.65	0.94	0.18	0.33	0.45	0.36	-0.96	-0.82	0.36	0.91	0.87	0.68	0.46	0.07		-0.55	0.96	0.39	0.09	0.35	0.87	0.33	-0.55	0.53
Intangible Assets	-0.34	-0.36	-0.31	-0.61	-0.06	-0.34	-0.05	-0.11	0.64	0.6	-0.11	-0.75	-0.38	-0.58	-0.08	0.01	-0.55		-0.64	-0.15	-0.14	-0.36	-0.68	-0.36	-0.19	-0.25
Common Stock	0.57	0.65	0.58	0.94	0.16	0.4	0.31	0.22	-0.99	-0.86	0.22	0.93	0.85	0.65	0.46	0.04	0.96	-0.64		0.23	0.12	0.39	0.89	0.37	-0.45	0.46
Property Plant Equipment	0.43	0.58	0.59	0.35	-0.21	0.13	0.38	0.78	-0.2	-0.11	0.78	0.31	0.12	0.18	-0.08	0.32	0.39	-0.15	0.23		0.23	0.3	0.39	0.3	-0.08	0.06
Short Long Term Debt Total	0.79	0.28	0.65	0.21	-0.94	0.94	-0.43	0.51	-0.03	0.26	0.51	0.1	-0.11	-0.23	-0.71	0.94	0.09	-0.14	0.12	0.23		0.95	0.4	0.95	0.39	0.0
Property Plant And Equipment Net	0.89	0.5	0.79	0.48	-0.84	0.96	-0.27	0.58	-0.3	-0.03	0.58	0.37	0.11	-0.02	-0.53	0.87	0.35	-0.36	0.39	0.3	0.95		0.65	1.0	0.25	0.13
Retained Earnings	0.75	0.75	0.74	0.92	-0.19	0.59	0.2	0.47	-0.83	-0.68	0.47	0.89	0.67	0.56	0.13	0.3	0.87	-0.68	0.89	0.39	0.4	0.65		0.65	-0.22	0.35
Non Current Assets Total	0.88	0.49	0.79	0.46	-0.84	0.96	-0.27	0.57	-0.28	-0.03	0.57	0.36	0.09	-0.04	-0.54	0.87	0.33	-0.36	0.37	0.3	0.95	1.0	0.65		0.27	0.12
Non Currrent Assets Other	-0.05	-0.36	-0.23	-0.4	-0.5	0.26	-0.69	-0.03	0.48	0.56	-0.03	-0.32	-0.63	-0.42	-0.64	0.26	-0.55	-0.19	-0.45	-0.08	0.39	0.25	-0.22	0.27		-0.28
Net Receivables	0.25	0.66	0.35	0.41	0.2	0.09	0.33	0.36	-0.51	-0.38	0.36	0.48	0.29	0.32	0.26	0.02	0.53	-0.25	0.46	0.06	0.0	0.13	0.35	0.12	-0.28

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Big 5 Account Relationship Matchups

Big 5 fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	688.8M	700.0M	754.0M	708.8M	644.7M	482.1M
Other Current Liab	57.7M	75.4M	76.7M	60.3M	52.1M	64.8M
Total Current Liabilities	222.8M	239.6M	269.8M	211.5M	190.7M	185.3M
Total Stockholder Equity	180.4M	232.6M	267.3M	268.8M	244.4M	148.3M
Other Liab	7.5M	7.5M	6.3M	6.9M	7.9M	7.5M
Net Debt	344.1M	231.5M	193.6M	269.9M	268.0M	281.5M
Accounts Payable	83.7M	80.9M	104.4M	67.4M	55.2M	95.3M
Cash	8.2M	64.7M	97.4M	25.6M	9.2M	15.9M
Other Assets	16.9M	16.7M	16.1M	16.5M	14.9M	20.4M
Cash And Short Term Investments	8.2M	64.7M	97.4M	25.6M	9.2M	16.2M
Common Stock Shares Outstanding	21.1M	21.7M	22.5M	22.1M	21.7M	23.5M
Liabilities And Stockholders Equity	688.8M	700.0M	754.0M	708.8M	644.7M	482.1M
Inventory	309.3M	251.2M	280.0M	303.5M	275.8M	277.8M
Other Current Assets	9.7M	11.7M	16.3M	16.6M	16.1M	16.0M
Other Stockholder Equity	77.5M	79.3M	74.8M	72.3M	74.5M	70.8M
Total Liab	508.4M	467.4M	486.6M	440.0M	400.3M	333.8M
Total Current Assets	340.9M	347.4M	407.3M	358.0M	310.2M	315.1M
Intangible Assets	7.4M	6.3M	4.5M	2.8M	1.5M	1.4M
Common Stock	252K	255K	260K	264K	267K	251.2K
Property Plant Equipment	68.4M	57.2M	330.5M	58.3M	67.1M	90.4M
Short Long Term Debt Total	352.4M	296.1M	291.0M	295.5M	277.2M	291.1M
Property Plant And Equipment Net	331.0M	335.9M	330.5M	334.3M	312.2M	327.8M
Retained Earnings	102.6M	153.1M	192.3M	196.3M	169.7M	178.2M
Non Current Assets Total	347.9M	352.6M	346.6M	350.8M	334.5M	351.2M
Non Currrent Assets Other	3.3M	2.9M	4.0M	6.5M	8.9M	9.3M
Net Receivables	13.6M	19.9M	13.7M	12.3M	9.2M	14.0M
Common Stock Total Equity	252K	255K	260K	264K	303.6K	242.7K
Non Current Liabilities Total	285.6M	227.8M	216.8M	228.5M	209.6M	145.2M
Property Plant And Equipment Gross	331.0M	335.9M	330.5M	334.3M	635.5M	667.3M
Current Deferred Revenue	7.2M	7.5M	8.3M	10.0M	9.2M	7.8M
Short Term Debt	74.2M	75.8M	80.4M	73.8M	74.2M	77.9M
Net Tangible Assets	180.4M	232.6M	267.3M	268.8M	309.1M	218.8M
Retained Earnings Total Equity	102.6M	153.1M	192.3M	196.3M	225.7M	125.8M
Capital Surpluse	120.1M	121.8M	124.9M	126.5M	145.5M	126.7M
Capital Lease Obligations	285.8M	296.1M	291.0M	295.5M	277.2M	291.1M

Pair Trading with Big 5

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 5 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 5 will appreciate offsetting losses from the drop in the long position's value.

Moving against Big Stock

0.59	LE	Lands End	Pair Corr
0.42	YJ	Yunji Inc Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Big 5 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 5 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 5 - 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 5 Sporting to buy it.

The correlation of Big 5 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 5 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big 5 Sporting 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 5 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.

Pair Correlation Correlation Matching

Additional Tools for Big Stock Analysis

When running Big 5's price analysis, check to measure Big 5's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Big 5 is operating at the current time. Most of Big 5's value examination focuses on studying past and present price action to predict the probability of Big 5's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big 5's price. Additionally, you may evaluate how the addition of Big 5 to your portfolios can decrease your overall portfolio volatility.

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