Big Other Stockholder Equity vs Accounts Payable Analysis

BGFV Stock  USD 3.47  0.14  4.20%   
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 Other Stockholder Equity and its Accounts Payable 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 tightly coupled with the direction of predictive economic indicators such as signals in census.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big 5 Sporting Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Big 5's Other Stockholder Equity and Accounts Payable is 0.57. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable 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 Other Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Big 5 Sporting are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Big 5's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Big 5 obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Big 5 Sporting are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 tightly coupled 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 Profit435.8M341.2M285.8M330.4M
Total Revenue1.2B995.5M884.7M985.8M

Big 5 fundamental ratios Correlations

0.630.920.72-0.620.82-0.130.68-0.49-0.240.680.460.340.15-0.30.830.6-0.160.570.430.790.890.750.88-0.180.25
0.630.830.71-0.140.330.510.77-0.62-0.550.770.690.420.30.150.310.75-0.370.650.580.280.50.750.49-0.540.66
0.920.830.71-0.50.670.230.8-0.51-0.360.80.520.360.15-0.170.720.65-0.160.580.590.650.790.740.79-0.330.35
0.720.710.710.020.420.230.42-0.9-0.770.420.840.770.610.320.210.94-0.740.940.350.210.480.920.46-0.560.41
-0.62-0.14-0.50.02-0.780.49-0.49-0.26-0.48-0.490.170.360.430.81-0.90.18-0.420.16-0.21-0.94-0.84-0.19-0.84-0.540.2
0.820.330.670.42-0.78-0.350.36-0.33-0.030.360.360.18-0.01-0.490.820.33-0.080.40.130.940.960.590.960.20.09
-0.130.510.230.230.49-0.350.15-0.36-0.570.150.420.470.360.57-0.360.45-0.310.310.38-0.43-0.270.2-0.27-0.630.33
0.680.770.80.42-0.490.360.15-0.170.01.00.25-0.060.03-0.290.620.360.070.220.780.510.580.470.57-0.150.36
-0.49-0.62-0.51-0.9-0.26-0.33-0.36-0.170.87-0.17-0.93-0.86-0.68-0.540.05-0.960.85-0.99-0.2-0.03-0.3-0.83-0.280.62-0.51
-0.24-0.55-0.36-0.77-0.48-0.03-0.570.00.870.0-0.82-0.81-0.58-0.680.3-0.820.82-0.86-0.110.26-0.03-0.68-0.030.67-0.38
0.680.770.80.42-0.490.360.151.0-0.170.00.25-0.060.03-0.30.620.360.070.220.780.510.580.470.57-0.150.36
0.460.690.520.840.170.360.420.25-0.93-0.820.250.770.740.39-0.040.91-0.880.930.310.10.370.890.36-0.440.48
0.340.420.360.770.360.180.47-0.06-0.86-0.81-0.060.770.650.59-0.140.87-0.760.850.12-0.110.110.670.09-0.690.29
0.150.30.150.610.43-0.010.360.03-0.68-0.580.030.740.650.33-0.290.68-0.780.650.18-0.23-0.020.56-0.04-0.440.32
-0.30.15-0.170.320.81-0.490.57-0.29-0.54-0.68-0.30.390.590.33-0.690.46-0.570.46-0.08-0.71-0.530.13-0.54-0.620.26
0.830.310.720.21-0.90.82-0.360.620.050.30.62-0.04-0.14-0.29-0.690.070.380.040.320.940.870.30.870.210.02
0.60.750.650.940.180.330.450.36-0.96-0.820.360.910.870.680.460.07-0.770.960.390.090.350.870.33-0.70.53
-0.16-0.37-0.16-0.74-0.42-0.08-0.310.070.850.820.07-0.88-0.76-0.78-0.570.38-0.77-0.84-0.10.22-0.05-0.74-0.050.37-0.22
0.570.650.580.940.160.40.310.22-0.99-0.860.220.930.850.650.460.040.96-0.840.230.120.390.890.37-0.580.46
0.430.580.590.35-0.210.130.380.78-0.2-0.110.780.310.120.18-0.080.320.39-0.10.230.230.30.390.3-0.160.06
0.790.280.650.21-0.940.94-0.430.51-0.030.260.510.1-0.11-0.23-0.710.940.090.220.120.230.950.40.950.360.0
0.890.50.790.48-0.840.96-0.270.58-0.3-0.030.580.370.11-0.02-0.530.870.35-0.050.390.30.950.651.00.190.13
0.750.750.740.92-0.190.590.20.47-0.83-0.680.470.890.670.560.130.30.87-0.740.890.390.40.650.65-0.320.35
0.880.490.790.46-0.840.96-0.270.57-0.28-0.030.570.360.09-0.04-0.540.870.33-0.050.370.30.951.00.650.20.12
-0.18-0.54-0.33-0.56-0.540.2-0.63-0.150.620.67-0.15-0.44-0.69-0.44-0.620.21-0.70.37-0.58-0.160.360.19-0.320.2-0.61
0.250.660.350.410.20.090.330.36-0.51-0.380.360.480.290.320.260.020.53-0.220.460.060.00.130.350.12-0.61
Click cells to compare fundamentals

Big 5 Account Relationship Matchups

Big 5 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets688.8M700.0M754.0M708.8M644.7M482.1M
Other Current Liab57.7M75.4M76.7M60.3M52.1M64.8M
Total Current Liabilities222.8M239.6M269.8M211.5M190.7M185.3M
Total Stockholder Equity180.4M232.6M267.3M268.8M244.4M148.3M
Other Liab7.5M7.5M6.3M6.9M7.9M7.5M
Net Debt344.1M231.5M193.6M269.9M268.0M281.5M
Accounts Payable83.7M80.9M104.4M67.4M55.2M95.3M
Cash8.2M64.7M97.4M25.6M9.2M15.9M
Other Assets16.9M16.7M16.1M16.5M14.9M20.4M
Cash And Short Term Investments8.2M64.7M97.4M25.6M9.2M16.2M
Common Stock Shares Outstanding21.1M21.7M22.5M22.1M21.7M23.5M
Liabilities And Stockholders Equity688.8M700.0M754.0M708.8M644.7M482.1M
Inventory309.3M251.2M280.0M303.5M275.8M277.8M
Other Current Assets9.7M11.7M16.3M16.6M16.1M16.0M
Other Stockholder Equity77.5M79.3M74.8M72.3M74.5M70.8M
Total Liab508.4M467.4M486.6M440.0M400.3M333.8M
Total Current Assets340.9M347.4M407.3M358.0M310.2M315.1M
Intangible Assets7.4M6.3M4.5M2.8M1.5M1.4M
Common Stock252K255K260K264K267K251.2K
Property Plant Equipment68.4M57.2M330.5M58.3M67.1M90.4M
Short Long Term Debt Total352.4M296.1M291.0M295.5M277.2M291.1M
Property Plant And Equipment Net331.0M335.9M330.5M334.3M312.2M327.8M
Retained Earnings102.6M153.1M192.3M196.3M169.7M178.2M
Non Current Assets Total347.9M352.6M346.6M350.8M334.5M351.2M
Non Currrent Assets Other3.3M2.9M4.0M6.5M8.9M9.3M
Net Receivables13.6M19.9M13.7M12.3M9.2M14.0M
Common Stock Total Equity252K255K260K264K303.6K242.7K
Non Current Liabilities Total285.6M227.8M216.8M228.5M209.6M145.2M
Property Plant And Equipment Gross331.0M335.9M330.5M334.3M635.5M667.3M
Current Deferred Revenue7.2M7.5M8.3M10.0M9.2M7.8M
Short Term Debt74.2M75.8M80.4M73.8M74.2M77.9M
Net Tangible Assets180.4M232.6M267.3M268.8M309.1M218.8M
Retained Earnings Total Equity102.6M153.1M192.3M196.3M225.7M125.8M
Capital Surpluse120.1M121.8M124.9M126.5M145.5M126.7M
Capital Lease Obligations285.8M296.1M291.0M295.5M277.2M291.1M

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 together with Big Stock

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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 CorrelationCorrelation Matching
When determining whether Big 5 Sporting is a strong investment it is important to analyze Big 5's 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 Big 5's future performance. For an informed investment choice regarding Big Stock, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Big 5 Sporting information on this page should be used as a complementary analysis to other Big 5's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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Is Big 5's 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 Big 5. If investors know Big 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 Big 5 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
(0.72)
Dividend Share
0.875
Earnings Share
(0.33)
Revenue Per Share
40.68
Quarterly Revenue Growth
(0.18)
The market value of Big 5 Sporting is measured differently than its book value, which is the value of Big that is recorded on the company's balance sheet. Investors also form their own opinion of Big 5's value that differs from its market value or its book value, called intrinsic value, which is Big 5'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 Big 5's market value can be influenced by many factors that don't directly affect Big 5'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 Big 5's value and its price as these two are different measures arrived at by different means. Investors typically determine if Big 5 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big 5'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.