Birks Long Term Debt vs Cash And Short Term Investments Analysis

BGI Stock

USD 2.71 0.02 0.73%

Birks financial indicator trend analysis is way more than just evaluating Birks Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Birks Group is a good investment. Please check the relationship between Birks Long Term Debt and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Birks Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Long Term Debt vs Cash And Short Term Investments

Long Term Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Birks Group Long Term Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Birks' Long Term Debt and Cash And Short Term Investments is 0.8. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Birks Group, assuming nothing else is changed. The correlation between historical values of Birks' Long Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Birks Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Long Term Debt i.e., Birks' Long Term Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Birks Group has held for over one year. Long-term debt appears on Birks Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Birks Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Birks Group balance sheet. This account contains Birks investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Birks Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

As of now, Birks' Enterprise Value is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Gross Profit	76.2M	68.0M	61.2M	95.0M
Total Revenue	181.3M	163.0M	146.7M	209.7M

Gross Profit Total Revenue

Birks fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets
Total Assets		-0.35	-0.54	0.43	0.21	0.9	0.69	-0.48	0.58	0.19	0.19	0.68	-0.55	0.83	0.36	0.1	0.33	0.54	0.36	0.5	0.43	0.5	0.36	-0.47	0.2	0.37
Total Stockholder Equity	-0.35		0.02	-0.19	-0.38	-0.63	-0.66	0.07	-0.04	0.43	-0.75	-0.67	0.53	-0.2	0.16	-0.76	-0.7	0.03	0.16	-0.06	-0.31	-0.86	0.21	0.68	-0.76	0.21
Other Assets	-0.54	0.02		-0.74	-0.49	-0.49	0.12	0.9	0.22	-0.07	-0.04	0.12	0.74	-0.39	-0.02	0.1	-0.12	0.02	-0.02	0.14	-0.69	-0.07	0.3	0.36	-0.05	0.3
Common Stock Shares Outstanding	0.43	-0.19	-0.74		0.71	0.5	0.06	-0.84	-0.3	0.1	0.44	0.08	-0.86	0.23	-0.42	0.34	0.19	-0.32	-0.42	0.07	0.98	0.38	-0.5	-0.3	0.45	-0.47
Other Stockholder Equity	0.21	-0.38	-0.49	0.71		0.47	-0.01	-0.64	-0.33	-0.02	0.42	0.0	-0.76	0.18	-0.36	0.39	0.13	-0.32	-0.36	0.18	0.74	0.35	-0.47	-0.12	0.42	-0.43
Total Liab	0.9	-0.63	-0.49	0.5	0.47		0.72	-0.48	0.43	0.02	0.43	0.72	-0.66	0.78	0.19	0.37	0.43	0.39	0.19	0.46	0.53	0.7	0.17	-0.56	0.45	0.19
Short Long Term Debt Total	0.69	-0.66	0.12	0.06	-0.01	0.72		0.07	0.58	-0.13	0.54	1.0	-0.23	0.46	0.2	0.54	0.55	0.43	0.2	0.5	0.1	0.82	0.33	-0.46	0.55	0.34
Other Current Liab	-0.48	0.07	0.9	-0.84	-0.64	-0.48	0.07		0.31	-0.15	-0.27	0.06	0.8	-0.31	0.27	-0.15	-0.09	0.27	0.27	0.07	-0.78	-0.19	0.45	0.26	-0.27	0.44
Total Current Liabilities	0.58	-0.04	0.22	-0.3	-0.33	0.43	0.58	0.31		0.41	-0.3	0.57	0.25	0.74	0.62	-0.28	-0.13	0.79	0.62	0.72	-0.28	0.06	0.93	0.04	-0.29	0.94
Other Liab	0.19	0.43	-0.07	0.1	-0.02	0.02	-0.13	-0.15	0.41		-0.38	-0.13	0.06	0.38	0.1	-0.37	-0.53	0.13	0.1	0.58	0.09	-0.37	0.34	0.2	-0.39	0.38
Property Plant And Equipment Net	0.19	-0.75	-0.04	0.44	0.42	0.43	0.54	-0.27	-0.3	-0.38		0.56	-0.55	-0.11	-0.55	0.99	0.66	-0.39	-0.55	-0.02	0.51	0.9	-0.58	-0.54	1.0	-0.57
Net Debt	0.68	-0.67	0.12	0.08	0.0	0.72	1.0	0.06	0.57	-0.13	0.56		-0.24	0.45	0.17	0.56	0.56	0.41	0.17	0.5	0.11	0.83	0.31	-0.46	0.57	0.32
Retained Earnings	-0.55	0.53	0.74	-0.86	-0.76	-0.66	-0.23	0.8	0.25	0.06	-0.55	-0.24		-0.32	0.33	-0.46	-0.46	0.25	0.33	-0.02	-0.89	-0.54	0.48	0.57	-0.55	0.47
Accounts Payable	0.83	-0.2	-0.39	0.23	0.18	0.78	0.46	-0.31	0.74	0.38	-0.11	0.45	-0.32		0.42	-0.16	-0.01	0.58	0.42	0.59	0.27	0.2	0.58	-0.19	-0.09	0.59
Cash	0.36	0.16	-0.02	-0.42	-0.36	0.19	0.2	0.27	0.62	0.1	-0.55	0.17	0.33	0.42		-0.57	-0.09	0.8	1.0	0.28	-0.47	-0.21	0.73	-0.01	-0.55	0.73
Non Current Assets Total	0.1	-0.76	0.1	0.34	0.39	0.37	0.54	-0.15	-0.28	-0.37	0.99	0.56	-0.46	-0.16	-0.57		0.63	-0.4	-0.57	0.02	0.42	0.88	-0.55	-0.48	0.99	-0.53
Non Currrent Assets Other	0.33	-0.7	-0.12	0.19	0.13	0.43	0.55	-0.09	-0.13	-0.53	0.66	0.56	-0.46	-0.01	-0.09	0.63		-0.07	-0.09	-0.24	0.26	0.75	-0.27	-0.76	0.67	-0.29
Long Term Debt	0.54	0.03	0.02	-0.32	-0.32	0.39	0.43	0.27	0.79	0.13	-0.39	0.41	0.25	0.58	0.8	-0.4	-0.07		0.8	0.47	-0.35	-0.01	0.82	-0.09	-0.38	0.82
Cash And Short Term Investments	0.36	0.16	-0.02	-0.42	-0.36	0.19	0.2	0.27	0.62	0.1	-0.55	0.17	0.33	0.42	1.0	-0.57	-0.09	0.8		0.28	-0.47	-0.21	0.73	-0.01	-0.55	0.73
Net Receivables	0.5	-0.06	0.14	0.07	0.18	0.46	0.5	0.07	0.72	0.58	-0.02	0.5	-0.02	0.59	0.28	0.02	-0.24	0.47	0.28		0.09	0.19	0.54	0.16	-0.01	0.6
Common Stock Total Equity	0.43	-0.31	-0.69	0.98	0.74	0.53	0.1	-0.78	-0.28	0.09	0.51	0.11	-0.89	0.27	-0.47	0.42	0.26	-0.35	-0.47	0.09		0.44	-0.51	-0.37	0.51	-0.49
Non Current Liabilities Total	0.5	-0.86	-0.07	0.38	0.35	0.7	0.82	-0.19	0.06	-0.37	0.9	0.83	-0.54	0.2	-0.21	0.88	0.75	-0.01	-0.21	0.19	0.44		-0.24	-0.63	0.91	-0.22
Inventory	0.36	0.21	0.3	-0.5	-0.47	0.17	0.33	0.45	0.93	0.34	-0.58	0.31	0.48	0.58	0.73	-0.55	-0.27	0.82	0.73	0.54	-0.51	-0.24		0.23	-0.58	1.0
Other Current Assets	-0.47	0.68	0.36	-0.3	-0.12	-0.56	-0.46	0.26	0.04	0.2	-0.54	-0.46	0.57	-0.19	-0.01	-0.48	-0.76	-0.09	-0.01	0.16	-0.37	-0.63	0.23		-0.54	0.25
Property Plant And Equipment Gross	0.2	-0.76	-0.05	0.45	0.42	0.45	0.55	-0.27	-0.29	-0.39	1.0	0.57	-0.55	-0.09	-0.55	0.99	0.67	-0.38	-0.55	-0.01	0.51	0.91	-0.58	-0.54		-0.56
Total Current Assets	0.37	0.21	0.3	-0.47	-0.43	0.19	0.34	0.44	0.94	0.38	-0.57	0.32	0.47	0.59	0.73	-0.53	-0.29	0.82	0.73	0.6	-0.49	-0.22	1.0	0.25	-0.56

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Birks Account Relationship Matchups

Birks fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	210.7M	201.7M	183.3M	197.0M	177.3M	170.3M
Total Stockholder Equity	3.4M	(1.4M)	5.9M	(603K)	(542.7K)	(515.6K)
Other Assets	1.3M	4.5M	5.7M	5.6M	5.0M	4.8M
Common Stock Shares Outstanding	18.0M	18.0M	18.8M	18.7M	21.5M	15.3M
Liabilities And Stockholders Equity	210.7M	201.7M	183.3M	197.0M	177.3M	170.3M
Other Stockholder Equity	19.1M	18.3M	23.7M	23.5M	27.0M	28.4M
Total Liab	207.2M	203.1M	177.4M	197.6M	227.2M	202.7M
Short Long Term Debt Total	152.8M	152.4M	140.4M	152.0M	136.8M	104.3M
Other Current Liab	4.7M	11.2M	8.3M	7.6M	6.9M	8.4M
Total Current Liabilities	116.8M	111.8M	88.9M	112.1M	100.9M	106.8M
Other Liab	13.0M	1.6M	1.5M	389K	447.4K	425.0K
Property Plant And Equipment Net	90.7M	82.2M	80.9M	82.3M	94.7M	47.6M
Net Debt	152.2M	150.6M	138.4M	150.7M	135.6M	102.4M
Retained Earnings	(108.9M)	(114.7M)	(113.4M)	(120.8M)	(108.8M)	(114.2M)
Accounts Payable	48.2M	38.0M	28.3M	37.6M	43.3M	45.2M
Cash	565K	1.8M	2.0M	1.3M	1.1M	1.9M
Non Current Assets Total	100.2M	92.7M	92.5M	93.3M	107.3M	61.9M
Non Currrent Assets Other	4.5M	5.7M	5.6M	2M	2.3M	3.1M
Long Term Debt	16.2M	23.1M	21.4M	22.2M	20.0M	25.3M
Cash And Short Term Investments	565K	1.8M	2.0M	1.3M	1.1M	1.9M
Net Receivables	6.0M	7.3M	8.0M	11.4M	10.2M	8.1M
Common Stock Total Equity	89.9M	93.3M	93.4M	95.1M	109.4M	83.3M
Non Current Liabilities Total	90.5M	91.3M	88.5M	85.5M	98.4M	59.3M
Inventory	101.9M	97.8M	78.9M	88.4M	79.5M	115.2M
Other Current Assets	2.0M	(1K)	1.8M	2.7M	2.4M	2.4M
Property Plant And Equipment Gross	90.7M	82.2M	80.9M	82.3M	94.7M	47.8M
Total Current Assets	110.5M	108.9M	90.8M	103.7M	93.3M	127.9M
Accumulated Other Comprehensive Income	(227K)	(97K)	(30K)	(36K)	(32.4K)	(30.8K)
Short Term Debt	63.9M	62.6M	52.2M	66.8M	60.1M	65.2M
Intangible Assets	4.9M	4.9M	6.0M	7.0M	6.3M	4.5M
Common Stock	93.4M	95.1M	95.6M	96.8M	111.3M	81.3M
Property Plant Equipment	90.7M	82.2M	80.9M	82.3M	94.7M	99.4M
Net Tangible Assets	9.4M	(1.5M)	(6.3M)	(167K)	(150.3K)	(142.8K)
Short Long Term Debt	58.1M	56.3M	45.3M	60.0M	54.0M	43.4M
Long Term Debt Total	16.2M	23.1M	21.4M	22.2M	20.0M	22.0M
Capital Surpluse	19.1M	18.3M	23.7M	23.5M	27.0M	21.8M
Capital Lease Obligations	78.5M	73.0M	73.7M	69.7M	80.2M	84.2M
Non Current Liabilities Other	1.6M	1.5M	389K	358K	322.2K	306.1K

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Additional Information and Resources on Investing in Birks Stock

When determining whether Birks Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Birks' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Birks Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Birks Group Stock:

How To Invest In Birks

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Is Birks Stock a good investment?

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What is Birks' Net Worth?

Details

Largest Specialty Retail Companies

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Largest Consumer Discretionary Distribution & Retail Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Birks Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Is Specialty Retail space 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 Birks. If investors know Birks 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 Birks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.27)

Revenue Per Share

9.055

Quarterly Revenue Growth

0.097

Return On Assets

(0.01)

Return On Equity

(5.89)

The market value of Birks Group is measured differently than its book value, which is the value of Birks that is recorded on the company's balance sheet. Investors also form their own opinion of Birks' value that differs from its market value or its book value, called intrinsic value, which is Birks' 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 Birks' market value can be influenced by many factors that don't directly affect Birks' 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 Birks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Birks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Birks' 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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Birks Long Term Debt vs Cash And Short Term Investments Analysis

Long Term Debt vs Cash And Short Term Investments

Long Term Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Long Term Debt

Cash And Short Term Investments

Birks fundamental ratios Correlations

Birks Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Birks fundamental ratios Accounts

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Birks Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Inventory
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total

Common Stock Total Equity	- 0.89	Retained Earnings
Retained Earnings	- 0.86	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.86	Total Stockholder Equity
Other Current Liab	- 0.84	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.78	Other Current Liab
Other Current Assets	- 0.76	Non Currrent Assets Other