Big Historical Income Statement
BIG Stock | USD 3.47 0.06 1.76% |
Historical analysis of Big Lots income statement accounts such as Interest Expense of 47 M, Selling General Administrative of 1.2 B or Total Revenue of 4.1 B can show how well Big Lots performed in making a profits. Evaluating Big Lots income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Big Lots's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Big Lots latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Big Lots is a good buy for the upcoming year.
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About Big Income Statement Analysis
Big Lots Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Big Lots shareholders. The income statement also shows Big investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Big Lots Income Statement Chart
Big Lots Income Statement is one of the three primary financial statements used for reporting Big's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Big Lots revenue and expense. Big Lots Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Big Lots' Income Tax Expense is most likely to decrease significantly in the upcoming years. The Big Lots' current Non Operating Income Net Other is estimated to increase to about 1.6 M, while Selling General Administrative is projected to decrease to roughly 1.2 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts Big Lots generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Big Lots minus its cost of goods sold. It is profit before Big Lots operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Big Lots. It is also known as Big Lots overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Big Lots' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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' Income Tax Expense is most likely to decrease significantly in the upcoming years. The Big Lots' current Non Operating Income Net Other is estimated to increase to about 1.6 M, while Selling General Administrative is projected to decrease to roughly 1.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.4B | 1.9B | 1.6B | 1.6B | Total Revenue | 6.2B | 5.5B | 4.7B | 4.1B |
Big Lots income statement Correlations
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Big Lots Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Big Lots income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 135.0M | 138.3M | 143.9M | 156.2M | 139.2M | 88.0M | |
Interest Expense | 16.8M | 11.0M | 9.3M | 20.3M | 44.8M | 47.0M | |
Selling General Administrative | 1.8B | 1.9B | 1.9B | 1.9B | 2.1B | 1.2B | |
Total Revenue | 5.3B | 6.2B | 6.2B | 5.5B | 4.7B | 4.1B | |
Gross Profit | 2.1B | 2.5B | 2.4B | 1.9B | 1.6B | 1.6B | |
Other Operating Expenses | 5.2B | 5.8B | 5.9B | 5.7B | 5.1B | 3.9B | |
Operating Income | 155.8M | 392.6M | 239.8M | (261.5M) | (374.1M) | (355.4M) | |
Ebit | 155.8M | 392.6M | 239.8M | (261.5M) | (374.1M) | (355.4M) | |
Ebitda | 290.8M | 530.9M | 383.7M | (105.3M) | (234.9M) | (223.2M) | |
Cost Of Revenue | 3.2B | 3.7B | 3.8B | 3.6B | 3.2B | 2.4B | |
Total Operating Expenses | 2.0B | 2.1B | 2.2B | 2.2B | 1.9B | 1.5B | |
Income Before Tax | 317.5M | 844.6M | 231.8M | (280.4M) | (432.1M) | (410.5M) | |
Total Other Income Expense Net | 161.7M | 452.0M | (7.9M) | (18.9M) | (58.0M) | (55.1M) | |
Net Income | 242.5M | 629.2M | 177.8M | (210.7M) | (481.9M) | (457.8M) | |
Income Tax Expense | 75.1M | 215.4M | 54.0M | (69.7M) | 49.8M | 61.7M | |
Net Income Applicable To Common Shares | 242.5M | 629.2M | 177.8M | (210.7M) | (242.3M) | (230.2M) | |
Selling And Marketing Expenses | 31.7M | 32.0M | 97.7M | 98.3M | 88.5M | 84.0M | |
Net Income From Continuing Ops | 242.5M | 629.2M | 177.8M | (210.7M) | (481.9M) | (457.8M) | |
Non Operating Income Net Other | (451K) | (911K) | 1.3M | 1.4M | 1.6M | 1.6M | |
Tax Provision | 75.1M | 215.4M | 54.0M | (69.7M) | 49.8M | 58.3M | |
Interest Income | 16.8M | 11.0M | 9.3M | 20.3M | 23.3M | 24.5M | |
Net Interest Income | (16.8M) | (11.0M) | (9.3M) | (20.3M) | (44.8M) | (42.5M) | |
Reconciled Depreciation | 135.7M | 138.8M | 142.6M | 154.9M | 147.2M | 147.6M |
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
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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.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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Big Stock analysis
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 (16.53) | Revenue Per Share 161.965 | Quarterly Revenue Growth (0.07) | Return On Assets (0.06) |
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.