Big Payout Ratio vs Operating Income Analysis

BIG Stock

USD 3.66 0.23 6.71%

Big Lots financial indicator trend analysis is way more than just evaluating Big Lots prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Lots is a good investment. Please check the relationship between Big Lots Payout Ratio and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Lots. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.

Payout Ratio vs Operating Income

Payout Ratio vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Lots Payout Ratio account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Big Lots' Payout Ratio and Operating Income is -0.23. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Operating Income in the same time period over historical financial statements of Big Lots, assuming nothing else is changed. The correlation between historical values of Big Lots' Payout Ratio and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Big Lots are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Payout Ratio i.e., Big Lots' Payout Ratio and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Big Lots earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Big Lots dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Big Lots is paying out more in dividends than it makes in net income.

Operating Income

Operating Income is the amount of profit realized from Big Lots operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Big Lots is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Big Lots' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Lots 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 Lots. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.At this time, Big Lots' Discontinued Operations is most likely to increase significantly in the upcoming years. The Big Lots' current Sales General And Administrative To Revenue is estimated to increase to 0.36, while Selling General Administrative is projected to decrease to roughly 1.2 B.

	2021	2022	2023	2024 (projected)
Gross Profit	2.4B	1.9B	1.5B	1.6B
Total Revenue	6.2B	5.5B	4.7B	4.1B

Gross Profit Total Revenue

Big Lots fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.76	0.24	0.94	0.55	0.87	0.71	0.78	0.47	0.88	0.49	0.47	-0.34	-0.71	0.77	0.76	0.59	-0.82	0.83	0.81	0.82	0.73	0.67	0.53	0.55	0.79
Short Long Term Debt Total	0.76		0.09	0.58	-0.03	0.97	0.99	0.83	0.27	0.97	0.17	0.27	-0.52	-0.86	1.0	0.41	0.32	-0.76	0.98	0.99	0.44	0.86	0.25	0.33	0.35	0.46
Other Current Liab	0.24	0.09		0.4	0.07	0.11	0.13	0.43	-0.23	0.12	-0.06	-0.23	-0.27	-0.47	0.12	0.53	0.67	-0.54	0.18	0.12	0.35	0.27	0.52	0.44	0.46	0.46
Total Current Liabilities	0.94	0.58	0.4		0.67	0.74	0.54	0.77	0.39	0.75	0.57	0.39	-0.26	-0.64	0.61	0.89	0.74	-0.84	0.71	0.67	0.9	0.63	0.87	0.68	0.69	0.86
Total Stockholder Equity	0.55	-0.03	0.07	0.67		0.21	-0.11	0.23	0.57	0.22	0.65	0.57	0.23	-0.01	0.0	0.63	0.49	-0.32	0.13	0.09	0.78	0.09	0.72	0.41	0.41	0.58
Property Plant And Equipment Net	0.87	0.97	0.11	0.74	0.21		0.94	0.86	0.38	1.0	0.3	0.38	-0.47	-0.84	0.97	0.55	0.44	-0.81	0.99	0.99	0.6	0.87	0.43	0.41	0.43	0.57
Net Debt	0.71	0.99	0.13	0.54	-0.11	0.94		0.81	0.14	0.94	0.11	0.14	-0.51	-0.86	0.99	0.4	0.32	-0.75	0.96	0.97	0.38	0.85	0.24	0.32	0.34	0.41
Retained Earnings	0.78	0.83	0.43	0.77	0.23	0.86	0.81		0.3	0.86	0.47	0.3	-0.4	-0.9	0.86	0.75	0.71	-0.95	0.91	0.87	0.75	0.82	0.61	0.75	0.77	0.77
Cash	0.47	0.27	-0.23	0.39	0.57	0.38	0.14	0.3		0.38	0.47	1.0	-0.12	-0.16	0.29	0.14	0.05	-0.23	0.32	0.33	0.53	0.28	0.15	0.14	0.14	0.43
Non Current Assets Total	0.88	0.97	0.12	0.75	0.22	1.0	0.94	0.86	0.38		0.32	0.38	-0.47	-0.84	0.97	0.56	0.45	-0.82	0.99	0.99	0.62	0.87	0.44	0.42	0.44	0.58
Non Currrent Assets Other	0.49	0.17	-0.06	0.57	0.65	0.3	0.11	0.47	0.47	0.32		0.47	-0.02	-0.29	0.21	0.6	0.56	-0.49	0.3	0.25	0.71	0.18	0.55	0.64	0.64	0.57
Cash And Short Term Investments	0.47	0.27	-0.23	0.39	0.57	0.38	0.14	0.3	1.0	0.38	0.47		-0.12	-0.16	0.29	0.14	0.05	-0.23	0.32	0.33	0.53	0.28	0.15	0.14	0.14	0.43
Net Receivables	-0.34	-0.52	-0.27	-0.26	0.23	-0.47	-0.51	-0.4	-0.12	-0.47	-0.02	-0.12		0.68	-0.5	-0.03	-0.25	0.51	-0.48	-0.47	-0.03	-0.56	-0.03	0.1	0.05	-0.03
Common Stock Shares Outstanding	-0.71	-0.86	-0.47	-0.64	-0.01	-0.84	-0.86	-0.9	-0.16	-0.84	-0.29	-0.16	0.68		-0.88	-0.56	-0.62	0.92	-0.89	-0.85	-0.52	-0.87	-0.42	-0.47	-0.51	-0.54
Non Current Liabilities Total	0.77	1.0	0.12	0.61	0.0	0.97	0.99	0.86	0.29	0.97	0.21	0.29	-0.5	-0.88		0.46	0.37	-0.79	0.99	0.99	0.49	0.86	0.29	0.38	0.4	0.5
Inventory	0.76	0.41	0.53	0.89	0.63	0.55	0.4	0.75	0.14	0.56	0.6	0.14	-0.03	-0.56	0.46		0.86	-0.82	0.57	0.5	0.91	0.47	0.94	0.84	0.84	0.87
Other Current Assets	0.59	0.32	0.67	0.74	0.49	0.44	0.32	0.71	0.05	0.45	0.56	0.05	-0.25	-0.62	0.37	0.86		-0.82	0.47	0.4	0.76	0.42	0.86	0.71	0.74	0.68
Other Stockholder Equity	-0.82	-0.76	-0.54	-0.84	-0.32	-0.81	-0.75	-0.95	-0.23	-0.82	-0.49	-0.23	0.51	0.92	-0.79	-0.82	-0.82		-0.85	-0.8	-0.78	-0.81	-0.71	-0.7	-0.73	-0.76
Total Liab	0.83	0.98	0.18	0.71	0.13	0.99	0.96	0.91	0.32	0.99	0.3	0.32	-0.48	-0.89	0.99	0.57	0.47	-0.85		0.99	0.6	0.87	0.43	0.48	0.5	0.6
Property Plant And Equipment Gross	0.81	0.99	0.12	0.67	0.09	0.99	0.97	0.87	0.33	0.99	0.25	0.33	-0.47	-0.85	0.99	0.5	0.4	-0.8	0.99		0.54	0.87	0.36	0.42	0.44	0.54
Total Current Assets	0.82	0.44	0.35	0.9	0.78	0.6	0.38	0.75	0.53	0.62	0.71	0.53	-0.03	-0.52	0.49	0.91	0.76	-0.78	0.6	0.54		0.49	0.87	0.78	0.79	0.92
Short Term Debt	0.73	0.86	0.27	0.63	0.09	0.87	0.85	0.82	0.28	0.87	0.18	0.28	-0.56	-0.87	0.86	0.47	0.42	-0.81	0.87	0.87	0.49		0.34	0.38	0.41	0.51
Accounts Payable	0.67	0.25	0.52	0.87	0.72	0.43	0.24	0.61	0.15	0.44	0.55	0.15	-0.03	-0.42	0.29	0.94	0.86	-0.71	0.43	0.36	0.87	0.34		0.71	0.72	0.76
Common Stock Total Equity	0.53	0.33	0.44	0.68	0.41	0.41	0.32	0.75	0.14	0.42	0.64	0.14	0.1	-0.47	0.38	0.84	0.71	-0.7	0.48	0.42	0.78	0.38	0.71		1.0	0.85
Common Stock	0.55	0.35	0.46	0.69	0.41	0.43	0.34	0.77	0.14	0.44	0.64	0.14	0.05	-0.51	0.4	0.84	0.74	-0.73	0.5	0.44	0.79	0.41	0.72	1.0		0.86
Other Liab	0.79	0.46	0.46	0.86	0.58	0.57	0.41	0.77	0.43	0.58	0.57	0.43	-0.03	-0.54	0.5	0.87	0.68	-0.76	0.6	0.54	0.92	0.51	0.76	0.85	0.86

Click cells to compare fundamentals

Big Lots Account Relationship Matchups

Big Lots fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	4.0B	3.9B	3.7B	3.3B	1.8B
Short Long Term Debt Total	1.5B	1.7B	1.8B	2.1B	2.3B	2.4B
Other Current Liab	82.1M	109.7M	294.8M	245.9M	266.1M	150.7M
Total Current Liabilities	870.8M	1.0B	1.1B	919.9M	831.0M	517.0M
Total Stockholder Equity	845.5M	1.3B	1.0B	763.9M	284.5M	270.3M
Property Plant And Equipment Net	2.1B	2.4B	2.5B	2.3B	2.2B	2.3B
Net Debt	1.5B	1.2B	1.8B	2.0B	2.2B	2.3B
Retained Earnings	2.8B	3.4B	3.5B	3.2B	3.7B	3.9B
Cash	52.7M	559.6M	53.7M	44.7M	46.4M	83.4M
Non Current Assets Total	2.1B	2.5B	2.5B	2.4B	2.2B	2.4B
Non Currrent Assets Other	69.2M	68.9M	37.5M	38.4M	38.3M	40.2M
Cash And Short Term Investments	52.7M	559.6M	53.7M	44.7M	46.4M	83.4M
Common Stock Shares Outstanding	39.4M	39.1M	33.4M	28.9M	29.2M	27.7M
Liabilities And Stockholders Equity	3.2B	4.0B	3.9B	3.7B	3.3B	1.8B
Non Current Liabilities Total	1.5B	1.8B	1.8B	2.0B	2.2B	2.3B
Inventory	921.3M	940.3M	1.2B	1.1B	953.3M	773.3M
Other Current Assets	90.0M	85.9M	119.4M	92.6M	86.3M	84.6M
Other Stockholder Equity	(1.9B)	(2.1B)	(2.5B)	(2.5B)	(2.2B)	(2.1B)
Total Liab	2.3B	2.8B	2.9B	2.9B	3.0B	3.2B
Property Plant And Equipment Gross	2.1B	2.4B	2.5B	2.3B	2.7B	2.8B
Total Current Assets	1.1B	1.6B	1.4B	1.3B	1.1B	970.1M
Accumulated Other Comprehensive Income	(1.4B)	(1.4B)	(1.4B)	(1.2B)	(1.1B)	(1.0B)
Short Term Debt	212.1M	226.1M	242.3M	252.3M	242.4M	254.5M
Accounts Payable	378.2M	398.4M	587.5M	421.7M	320.7M	296.4M
Other Liab	170.5M	153.7M	257.7M	222.1M	255.4M	149.2M
Other Assets	73.9M	85.2M	48.5M	94.8M	109.0M	61.1M
Long Term Debt	279.5M	35.8M	3.5M	301.4M	346.6M	363.9M
Property Plant Equipment	849.1M	2.4B	2.5B	691.1M	794.8M	812.4M
Current Deferred Revenue	8.6M	198.3M	266.4M	1.9M	1.7M	1.6M
Treasury Stock	(2.5B)	(2.5B)	(2.7B)	(3.1B)	(2.8B)	(2.7B)
Net Tangible Assets	1.9B	1.3B	1.0B	2.3B	2.6B	2.8B
Retained Earnings Total Equity	2.8B	3.4B	3.5B	3.2B	3.7B	2.5B
Capital Surpluse	620.7M	634.8M	640.5M	627.7M	721.9M	656.9M
Deferred Long Term Liab	60.7M	48.6M	7.8M	21.4M	19.3M	37.1M
Non Current Liabilities Other	109.5M	181.2M	138.1M	191.8M	220.5M	137.8M
Long Term Debt Total	279.5M	35.8M	3.5M	301.4M	346.6M	363.9M

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 Big Lots 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, Big Lots' short interest history, or implied volatility extrapolated from Big Lots options trading.

Pair Trading with Big Lots

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

Moving against Big Stock

0.74	F	Ford Motor Earnings Call This Week	Pair Corr
0.7	BWMX	Betterware De Mexico Earnings Call Next Week	Pair Corr
0.66	BARK	Original Bark Financial Report 6th of June 2024	Pair Corr
0.61	BBY	Best Buy Financial Report 23rd of May 2024	Pair Corr

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

The correlation of Big Lots 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 Lots moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Lots 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 Lots 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 Big Lots is a strong investment it is important to analyze Big Lots' 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 Lots' future performance. For an informed investment choice regarding Big Stock, refer to the following important reports:

How To Invest In Big

Details

Is Big Stock a good investment?

Details

What is Big Lots' Net Worth?

Details

Largest Consumer Discretionary Distribution & Retail Companies

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Largest Consumer Discretionary Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Lots. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.

You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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

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Is Big Lots' 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 Lots. 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 Lots 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

(0.37)

Earnings Share

(15.91)

Revenue Per Share

161.965

Quarterly Revenue Growth

(0.07)

Return On Assets

(0.07)

The market value of Big Lots 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 Lots' value that differs from its market value or its book value, called intrinsic value, which is Big Lots' 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 Lots' market value can be influenced by many factors that don't directly affect Big Lots' 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 Lots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Big Lots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big Lots' 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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Big Payout Ratio vs Operating Income Analysis

Payout Ratio vs Operating Income

Payout Ratio vs Operating Income Correlation Analysis

Correlation Coefficient

Payout Ratio

Operating Income

Big Lots fundamental ratios Correlations

Big Lots Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Big Lots fundamental ratios Accounts

Pair Trading with Big Lots

Moving against Big Stock

Complementary Tools for Big Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.99	Short Long Term Debt Total

Other Stockholder Equity	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.9	Retained Earnings
Total Liab	- 0.89	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.88	Common Stock Shares Outstanding
Short Term Debt	- 0.87	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.86	Net Debt