Big 5 Return On Asset vs. Current Liabilities

BGFV
 Stock
  

USD 11.07  0.23  2.04%   

For Big 5 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Big 5 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Big 5 Sporting utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Big 5's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Big 5 Sporting over time as well as its relative position and ranking within its peers. Continue to Trending Equities.
  
Price to Sales Ratio is likely to drop to 0.27 in 2022. Return on Sales is likely to drop to 0.07 in 2022. Consolidated Income is likely to drop to about 54.5 M in 2022. Net Income is likely to drop to about 54.5 M in 2022.

Big 5 Revenues

1.14 Billion

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 5 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 YOY
(0.73) 
Market Capitalization
250.7 M
Quarterly Revenue Growth YOY
(0.1) 
Return On Assets
0.0497
Return On Equity
0.1606
The market value of Big 5 Sporting is measured differently than its book value, which is the value of Big 5 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 Big 5 value 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.

Big 5 Sporting Current Liabilities vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Big 5's current stock value. Our valuation model uses many indicators to compare Big 5 value to that of its competitors to determine the firm's financial worth.
Big 5 Sporting is number one stock in return on asset category among related companies. It is number one stock in current liabilities category among related companies creating about  3,237,826,962  of Current Liabilities per Return On Asset. Big 5 Current Liabilities is fairly stable at the moment as compared to the past year. Big 5 reported Current Liabilities of 269.8 Million in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value Big 5 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Big 5's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 5's earnings, one of the primary drivers of an investment's value.

Big 5 Current Liabilities vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Big 5 
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
0.0497 %
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Big 5 
Current Liabilities 
 = 
Payables 
Accrued Debt 
160.92 M
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.

Big 5 Current Liabilities Comparison

Big 5 is currently under evaluation in current liabilities category among related companies.

Big 5 Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Big 5, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Big 5 will eventually generate negative long term returns. The profitability progress is the general direction of Big 5's change in net profit over the period of time. It can combine multiple indicators of Big 5, 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 ReportedProjected for 2022
Consolidated Income102.4 M54.5 M
Net Income102.4 M54.5 M
Net Income Common Stock102.4 M54.5 M
Operating Income136 M80.2 M
Income Tax Expense32.7 M24.4 M
Net Income Per Employee13.2 KK

Big 5 Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Big 5. 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 5 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 5's important profitability drivers and their relationship over time.

Use Big 5 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 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.

Big 5 Pair Trading

Big 5 Sporting Pair Trading Analysis

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 equities. 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

Use Investing Themes to Complement your Big 5 position

In addition to having Big 5 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?

Run Communication Thematic Idea Now

Communication
Communication Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication theme has 16 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Theme or any other thematic opportunities.
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Continue to Trending Equities. 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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To fully project Big 5's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Big 5 Sporting 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 5's income statement, its balance sheet, and the statement of cash flows.
Potential Big 5 investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Big 5 investors may work on each financial statement separately, they are all related. The changes in Big 5's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Big 5's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.