Birks Selling General Administrative vs Net Income Analysis

BGI Stock  USD 2.64  0.08  3.13%   
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 Selling General Administrative and its Net Income 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 tightly coupled with the direction of predictive economic indicators such as signals in price.

Selling General Administrative vs Net Income

Selling General Administrative vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Birks Group Selling General Administrative account and Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Birks' Selling General Administrative and Net Income is 0.36. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income in the same time period over historical financial statements of Birks Group, assuming nothing else is changed. The correlation between historical values of Birks' Selling General Administrative and Net 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 Selling General Administrative of Birks Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Selling General Administrative i.e., Birks' Selling General Administrative and Net Income go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Birks Group financial statement analysis. It represents the amount of money remaining after all of Birks Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 tightly coupled 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 Profit76.2M68.0M61.2M95.0M
Total Revenue181.3M163.0M146.7M209.7M

Birks fundamental ratios Correlations

-0.35-0.540.430.210.90.69-0.480.580.190.190.68-0.550.830.360.10.330.540.360.50.430.50.36-0.470.20.37
-0.350.02-0.19-0.38-0.63-0.660.07-0.040.43-0.75-0.670.53-0.20.16-0.76-0.70.030.16-0.06-0.31-0.860.210.68-0.760.21
-0.540.02-0.74-0.49-0.490.120.90.22-0.07-0.040.120.74-0.39-0.020.1-0.120.02-0.020.14-0.69-0.070.30.36-0.050.3
0.43-0.19-0.740.710.50.06-0.84-0.30.10.440.08-0.860.23-0.420.340.19-0.32-0.420.070.980.38-0.5-0.30.45-0.47
0.21-0.38-0.490.710.47-0.01-0.64-0.33-0.020.420.0-0.760.18-0.360.390.13-0.32-0.360.180.740.35-0.47-0.120.42-0.43
0.9-0.63-0.490.50.470.72-0.480.430.020.430.72-0.660.780.190.370.430.390.190.460.530.70.17-0.560.450.19
0.69-0.660.120.06-0.010.720.070.58-0.130.541.0-0.230.460.20.540.550.430.20.50.10.820.33-0.460.550.34
-0.480.070.9-0.84-0.64-0.480.070.31-0.15-0.270.060.8-0.310.27-0.15-0.090.270.270.07-0.78-0.190.450.26-0.270.44
0.58-0.040.22-0.3-0.330.430.580.310.41-0.30.570.250.740.62-0.28-0.130.790.620.72-0.280.060.930.04-0.290.94
0.190.43-0.070.1-0.020.02-0.13-0.150.41-0.38-0.130.060.380.1-0.37-0.530.130.10.580.09-0.370.340.2-0.390.38
0.19-0.75-0.040.440.420.430.54-0.27-0.3-0.380.56-0.55-0.11-0.550.990.66-0.39-0.55-0.020.510.9-0.58-0.541.0-0.57
0.68-0.670.120.080.00.721.00.060.57-0.130.56-0.240.450.170.560.560.410.170.50.110.830.31-0.460.570.32
-0.550.530.74-0.86-0.76-0.66-0.230.80.250.06-0.55-0.24-0.320.33-0.46-0.460.250.33-0.02-0.89-0.540.480.57-0.550.47
0.83-0.2-0.390.230.180.780.46-0.310.740.38-0.110.45-0.320.42-0.16-0.010.580.420.590.270.20.58-0.19-0.090.59
0.360.16-0.02-0.42-0.360.190.20.270.620.1-0.550.170.330.42-0.57-0.090.81.00.28-0.47-0.210.73-0.01-0.550.73
0.1-0.760.10.340.390.370.54-0.15-0.28-0.370.990.56-0.46-0.16-0.570.63-0.4-0.570.020.420.88-0.55-0.480.99-0.53
0.33-0.7-0.120.190.130.430.55-0.09-0.13-0.530.660.56-0.46-0.01-0.090.63-0.07-0.09-0.240.260.75-0.27-0.760.67-0.29
0.540.030.02-0.32-0.320.390.430.270.790.13-0.390.410.250.580.8-0.4-0.070.80.47-0.35-0.010.82-0.09-0.380.82
0.360.16-0.02-0.42-0.360.190.20.270.620.1-0.550.170.330.421.0-0.57-0.090.80.28-0.47-0.210.73-0.01-0.550.73
0.5-0.060.140.070.180.460.50.070.720.58-0.020.5-0.020.590.280.02-0.240.470.280.090.190.540.16-0.010.6
0.43-0.31-0.690.980.740.530.1-0.78-0.280.090.510.11-0.890.27-0.470.420.26-0.35-0.470.090.44-0.51-0.370.51-0.49
0.5-0.86-0.070.380.350.70.82-0.190.06-0.370.90.83-0.540.2-0.210.880.75-0.01-0.210.190.44-0.24-0.630.91-0.22
0.360.210.3-0.5-0.470.170.330.450.930.34-0.580.310.480.580.73-0.55-0.270.820.730.54-0.51-0.240.23-0.581.0
-0.470.680.36-0.3-0.12-0.56-0.460.260.040.2-0.54-0.460.57-0.19-0.01-0.48-0.76-0.09-0.010.16-0.37-0.630.23-0.540.25
0.2-0.76-0.050.450.420.450.55-0.27-0.29-0.391.00.57-0.55-0.09-0.550.990.67-0.38-0.55-0.010.510.91-0.58-0.54-0.56
0.370.210.3-0.47-0.430.190.340.440.940.38-0.570.320.470.590.73-0.53-0.290.820.730.6-0.49-0.221.00.25-0.56
Click cells to compare fundamentals

Birks Account Relationship Matchups

Birks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets210.7M201.7M183.3M197.0M177.3M170.3M
Total Stockholder Equity3.4M(1.4M)5.9M(603K)(542.7K)(515.6K)
Other Assets1.3M4.5M5.7M5.6M5.0M4.8M
Common Stock Shares Outstanding18.0M18.0M18.8M18.7M21.5M15.3M
Liabilities And Stockholders Equity210.7M201.7M183.3M197.0M177.3M170.3M
Other Stockholder Equity19.1M18.3M23.7M23.5M27.0M28.4M
Total Liab207.2M203.1M177.4M197.6M227.2M202.7M
Short Long Term Debt Total152.8M152.4M140.4M152.0M136.8M104.3M
Other Current Liab4.7M11.2M8.3M7.6M6.9M8.4M
Total Current Liabilities116.8M111.8M88.9M112.1M100.9M106.8M
Other Liab13.0M1.6M1.5M389K447.4K425.0K
Property Plant And Equipment Net90.7M82.2M80.9M82.3M94.7M47.6M
Net Debt152.2M150.6M138.4M150.7M135.6M102.4M
Retained Earnings(108.9M)(114.7M)(113.4M)(120.8M)(108.8M)(114.2M)
Accounts Payable48.2M38.0M28.3M37.6M43.3M45.2M
Cash565K1.8M2.0M1.3M1.1M1.9M
Non Current Assets Total100.2M92.7M92.5M93.3M107.3M61.9M
Non Currrent Assets Other4.5M5.7M5.6M2M2.3M3.1M
Long Term Debt16.2M23.1M21.4M22.2M20.0M25.3M
Cash And Short Term Investments565K1.8M2.0M1.3M1.1M1.9M
Net Receivables6.0M7.3M8.0M11.4M10.2M8.1M
Common Stock Total Equity89.9M93.3M93.4M95.1M109.4M83.3M
Non Current Liabilities Total90.5M91.3M88.5M85.5M98.4M59.3M
Inventory101.9M97.8M78.9M88.4M79.5M115.2M
Other Current Assets2.0M(1K)1.8M2.7M2.4M2.4M
Property Plant And Equipment Gross90.7M82.2M80.9M82.3M94.7M47.8M
Total Current Assets110.5M108.9M90.8M103.7M93.3M127.9M
Accumulated Other Comprehensive Income(227K)(97K)(30K)(36K)(32.4K)(30.8K)
Short Term Debt63.9M62.6M52.2M66.8M60.1M65.2M
Intangible Assets4.9M4.9M6.0M7.0M6.3M4.5M
Common Stock93.4M95.1M95.6M96.8M111.3M81.3M
Property Plant Equipment90.7M82.2M80.9M82.3M94.7M99.4M
Net Tangible Assets9.4M(1.5M)(6.3M)(167K)(150.3K)(142.8K)
Short Long Term Debt58.1M56.3M45.3M60.0M54.0M43.4M
Long Term Debt Total16.2M23.1M21.4M22.2M20.0M22.0M
Capital Surpluse19.1M18.3M23.7M23.5M27.0M21.8M
Capital Lease Obligations78.5M73.0M73.7M69.7M80.2M84.2M
Non Current Liabilities Other1.6M1.5M389K358K322.2K306.1K

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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:
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 tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Birks Group information on this page should be used as a complementary analysis to other Birks' 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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