Bridgford Income Statement Research

BRID Stock

USD 10.57 0.11 1.05%

Most accounts from Bridgford Foods' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Bridgford Foods Valuation and Bridgford Foods Correlation analysis.

For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.

At present, Bridgford Foods' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 298.1 M, whereas Total Revenue is forecasted to decline to about 145.5 M.

For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.At present, Bridgford Foods' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 298.1 M, whereas Total Revenue is forecasted to decline to about 145.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	72.1M	70.4M	80.9M	49.0M
Total Revenue	265.9M	251.6M	289.4M	145.5M

Gross Profit Total Revenue

Bridgford Foods income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Selling And Marketing Expenses	Tax Provision	Reconciled Depreciation	Non Operating Income Net Other	Extraordinary Items	Net Interest Income
Depreciation And Amortization		-0.01	0.77	0.82	0.7	0.98	-0.07	-0.07	0.19	0.99	0.77	0.25	0.27	0.22	0.24	0.22	0.23	0.54	0.92	-0.87	0.57	-0.7
Interest Expense	-0.01		0.04	0.05	0.1	0.0	-0.25	-0.25	-0.22	-0.01	0.08	0.11	0.22	0.0	0.32	0.01	0.06	0.35	-0.1	0.23	-0.1	0.1
Selling General Administrative	0.77	0.04		0.95	0.93	0.79	0.05	0.05	0.34	0.77	0.98	0.21	0.22	0.18	0.24	0.2	-0.05	0.5	0.77	-0.65	0.46	-0.48
Total Revenue	0.82	0.05	0.95		0.89	0.82	-0.01	0.0	0.31	0.82	0.97	0.35	0.4	0.32	0.35	0.33	0.21	0.61	0.86	-0.75	0.38	-0.66
Gross Profit	0.7	0.1	0.93	0.89		0.73	0.35	0.35	0.61	0.69	0.94	0.42	0.33	0.4	0.37	0.41	0.03	0.66	0.64	-0.58	0.38	-0.36
Other Operating Expenses	0.98	0.0	0.79	0.82	0.73		-0.07	-0.06	0.18	1.0	0.8	0.27	0.29	0.22	0.3	0.22	0.25	0.55	0.9	-0.84	0.58	-0.7
Operating Income	-0.07	-0.25	0.05	-0.01	0.35	-0.07		1.0	0.94	-0.1	0.04	0.44	0.09	0.5	0.19	0.5	-0.15	0.32	-0.18	0.03	0.04	0.33
Ebit	-0.07	-0.25	0.05	0.0	0.35	-0.06	1.0		0.94	-0.1	0.05	0.44	0.09	0.5	0.19	0.5	-0.15	0.32	-0.17	0.03	0.04	0.33
Ebitda	0.19	-0.22	0.34	0.31	0.61	0.18	0.94	0.94		0.15	0.34	0.54	0.23	0.59	0.29	0.6	-0.07	0.51	0.11	-0.23	0.09	0.08
Cost Of Revenue	0.99	-0.01	0.77	0.82	0.69	1.0	-0.1	-0.1	0.15		0.78	0.27	0.31	0.22	0.3	0.22	0.28	0.54	0.92	-0.86	0.57	-0.74
Total Operating Expenses	0.77	0.08	0.98	0.97	0.94	0.8	0.04	0.05	0.34	0.78		0.3	0.31	0.26	0.31	0.27	0.09	0.56	0.76	-0.66	0.38	-0.53
Income Before Tax	0.25	0.11	0.21	0.35	0.42	0.27	0.44	0.44	0.54	0.27	0.3		0.93	0.97	0.84	0.97	0.37	0.81	0.24	-0.2	-0.07	-0.37
Total Other Income Expense Net	0.27	0.22	0.22	0.4	0.33	0.29	0.09	0.09	0.23	0.31	0.31	0.93		0.88	0.85	0.88	0.47	0.77	0.32	-0.22	-0.13	-0.53
Net Income	0.22	0.0	0.18	0.32	0.4	0.22	0.5	0.5	0.59	0.22	0.26	0.97	0.88		0.69	1.0	0.3	0.71	0.21	-0.19	-0.09	-0.33
Income Tax Expense	0.24	0.32	0.24	0.35	0.37	0.3	0.19	0.19	0.29	0.3	0.31	0.84	0.85	0.69		0.69	0.46	0.86	0.24	-0.18	-0.03	-0.39
Net Income From Continuing Ops	0.22	0.01	0.2	0.33	0.41	0.22	0.5	0.5	0.6	0.22	0.27	0.97	0.88	1.0	0.69		0.29	0.71	0.21	-0.19	-0.1	-0.33
Selling And Marketing Expenses	0.23	0.06	-0.05	0.21	0.03	0.25	-0.15	-0.15	-0.07	0.28	0.09	0.37	0.47	0.3	0.46	0.29		0.36	0.35	-0.39	-0.06	-0.53
Tax Provision	0.54	0.35	0.5	0.61	0.66	0.55	0.32	0.32	0.51	0.54	0.56	0.81	0.77	0.71	0.86	0.71	0.36		0.46	-0.42	0.09	-0.48
Reconciled Depreciation	0.92	-0.1	0.77	0.86	0.64	0.9	-0.18	-0.17	0.11	0.92	0.76	0.24	0.32	0.21	0.24	0.21	0.35	0.46		-0.88	0.55	-0.78
Non Operating Income Net Other	-0.87	0.23	-0.65	-0.75	-0.58	-0.84	0.03	0.03	-0.23	-0.86	-0.66	-0.2	-0.22	-0.19	-0.18	-0.19	-0.39	-0.42	-0.88		-0.39	0.64
Extraordinary Items	0.57	-0.1	0.46	0.38	0.38	0.58	0.04	0.04	0.09	0.57	0.38	-0.07	-0.13	-0.09	-0.03	-0.1	-0.06	0.09	0.55	-0.39		-0.16
Net Interest Income	-0.7	0.1	-0.48	-0.66	-0.36	-0.7	0.33	0.33	0.08	-0.74	-0.53	-0.37	-0.53	-0.33	-0.39	-0.33	-0.53	-0.48	-0.78	0.64	-0.16

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Bridgford Foods Account Relationship Matchups

Bridgford Foods income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	186K	1.2M	1.1M	579K	665.9K	676.7K
Total Revenue	198.0M	240.4M	265.9M	251.6M	289.4M	145.5M
Gross Profit	59.5M	51.4M	72.1M	70.4M	80.9M	49.0M
Operating Income	3.2M	(8.7M)	6.8M	4.6M	4.2M	3.9M
Ebit	3.2M	(8.7M)	6.8M	4.8M	4.3M	3.9M
Ebitda	8.7M	(2.1M)	13.5M	11.3M	10.2M	6.4M
Cost Of Revenue	138.5M	189.0M	193.8M	181.3M	208.5M	218.9M
Income Before Tax	5.1M	(7.3M)	61.4M	4.5M	5.2M	7.6M
Net Income	7.3M	(5.5M)	45.1M	3.5M	4.0M	5.2M
Income Tax Expense	(2.2M)	(1.8M)	16.3M	1.0M	918.9K	1.7M
Tax Provision	(2.2M)	(1.8M)	16.3M	1.0M	1.2M	1.1M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bridgford Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bridgford Foods' short interest history, or implied volatility extrapolated from Bridgford Foods options trading.

Pair Trading with Bridgford Foods

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

Moving against Bridgford Stock

0.49

DLTR

Dollar Tree Sell-off Trend

Pair Corr

The ability to find closely correlated positions to Bridgford Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgford Foods 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 Bridgford Foods - 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 Bridgford Foods to buy it.

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

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:

How To Invest In Bridgford

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Is Bridgford Stock a good investment?

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What is Bridgford Foods' Net Worth?

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Check out Bridgford Foods Valuation and Bridgford Foods Correlation analysis.

For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.

You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Bridgford Stock analysis

When running Bridgford Foods' price analysis, check to measure Bridgford Foods' 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 Bridgford Foods is operating at the current time. Most of Bridgford Foods' value examination focuses on studying past and present price action to predict the probability of Bridgford Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgford Foods' price. Additionally, you may evaluate how the addition of Bridgford Foods to your portfolios can decrease your overall portfolio volatility.

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Is Bridgford Foods' industry 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

0.42

Revenue Per Share

26.976

Quarterly Revenue Growth

(0.11)

Return On Assets

0.0168

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.

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Bridgford Income Statement Research

Bridgford Foods income statement Correlations

Bridgford Foods Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bridgford Foods income statement Accounts

Pair Trading with Bridgford Foods

Moving against Bridgford Stock

Complementary Tools for Bridgford Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Net Income From Continuing Ops	+ 1.0	Net Income
Cost Of Revenue	+ 0.99	Depreciation And Amortization
Other Operating Expenses	+ 0.98	Depreciation And Amortization
Total Operating Expenses	+ 0.98	Selling General Administrative

Non Operating Income Net Other	- 0.88	Reconciled Depreciation
Non Operating Income Net Other	- 0.87	Depreciation And Amortization
Non Operating Income Net Other	- 0.86	Cost Of Revenue
Non Operating Income Net Other	- 0.84	Other Operating Expenses
Net Interest Income	- 0.78	Reconciled Depreciation
Non Operating Income Net Other	- 0.75	Total Revenue