Bridgford Historical Income Statement

BRID Stock  USD 11.26  0.03  0.27%   
Historical analysis of Bridgford Foods income statement accounts such as Interest Expense of 676.7 K, Selling General Administrative of 38.8 M or Total Revenue of 145.5 M can show how well Bridgford Foods performed in making a profits. Evaluating Bridgford Foods income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bridgford Foods's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Bridgford Foods 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 Bridgford Foods is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgford Foods. 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 information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.

About Bridgford Income Statement Analysis

Bridgford Foods 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 Bridgford Foods shareholders. The income statement also shows Bridgford 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).

Bridgford Foods Income Statement Chart

Bridgford Foods Income Statement is one of the three primary financial statements used for reporting Bridgford's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Bridgford Foods revenue and expense. Bridgford Foods Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Bridgford Foods' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 298.1 M, whereas Total Revenue is forecasted to decline to about 145.5 M.

Total Revenue

Total revenue comprises all receipts Bridgford Foods 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 Bridgford Foods minus its cost of goods sold. It is profit before Bridgford Foods 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 Bridgford Foods. It is also known as Bridgford Foods 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.
Most accounts from Bridgford Foods' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bridgford Foods 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 Bridgford Foods. 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 information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.At present, Bridgford Foods' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 298.1 M, whereas Total Revenue is forecasted to decline to about 145.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit72.1M70.4M80.9M49.0M
Total Revenue265.9M251.6M289.4M145.5M

Bridgford Foods income statement Correlations

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-0.010.040.050.10.0-0.25-0.25-0.22-0.010.080.110.220.00.320.01-0.040.35-0.10.23-0.10.1
0.770.040.950.930.790.050.050.340.770.980.210.220.180.240.20.50.50.77-0.650.46-0.48
0.820.050.950.890.82-0.010.00.310.820.970.350.40.320.350.330.650.610.86-0.750.38-0.66
0.70.10.930.890.730.350.350.610.690.940.420.330.40.370.410.450.660.64-0.580.38-0.36
0.980.00.790.820.73-0.07-0.060.181.00.80.270.290.220.30.220.590.550.9-0.840.58-0.7
-0.07-0.250.05-0.010.35-0.071.00.94-0.10.040.440.090.50.190.5-0.080.32-0.180.030.040.33
-0.07-0.250.050.00.35-0.061.00.94-0.10.050.440.090.50.190.5-0.070.32-0.170.030.040.33
0.19-0.220.340.310.610.180.940.940.150.340.540.230.590.290.60.120.510.11-0.230.090.08
0.99-0.010.770.820.691.0-0.1-0.10.150.780.270.310.220.30.220.620.540.92-0.860.57-0.74
0.770.080.980.970.940.80.040.050.340.780.30.310.260.310.270.520.560.76-0.660.38-0.53
0.250.110.210.350.420.270.440.440.540.270.30.930.970.840.970.230.810.24-0.2-0.07-0.37
0.270.220.220.40.330.290.090.090.230.310.310.930.880.850.880.280.770.32-0.22-0.13-0.53
0.220.00.180.320.40.220.50.50.590.220.260.970.880.691.00.160.710.21-0.19-0.09-0.33
0.240.320.240.350.370.30.190.190.290.30.310.840.850.690.690.340.860.24-0.18-0.03-0.39
0.220.010.20.330.410.220.50.50.60.220.270.970.881.00.690.160.710.21-0.19-0.1-0.33
0.57-0.040.50.650.450.59-0.08-0.070.120.620.520.230.280.160.340.160.370.78-0.660.43-0.59
0.540.350.50.610.660.550.320.320.510.540.560.810.770.710.860.710.370.46-0.420.09-0.48
0.92-0.10.770.860.640.9-0.18-0.170.110.920.760.240.320.210.240.210.780.46-0.880.55-0.78
-0.870.23-0.65-0.75-0.58-0.840.030.03-0.23-0.86-0.66-0.2-0.22-0.19-0.18-0.19-0.66-0.42-0.88-0.390.64
0.57-0.10.460.380.380.580.040.040.090.570.38-0.07-0.13-0.09-0.03-0.10.430.090.55-0.39-0.16
-0.70.1-0.48-0.66-0.36-0.70.330.330.08-0.74-0.53-0.37-0.53-0.33-0.39-0.33-0.59-0.48-0.780.64-0.16
Click cells to compare fundamentals

Bridgford Foods Account Relationship Matchups

Bridgford Foods income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization5.5M6.7M6.7M6.6M7.5M7.9M
Interest Expense186K1.2M1.1M579K665.9K676.7K
Selling General Administrative47.6M52.0M55.1M64.0M73.6M38.8M
Total Revenue198.0M240.4M265.9M251.6M289.4M145.5M
Gross Profit59.5M51.4M72.1M70.4M80.9M49.0M
Other Operating Expenses193.8M249.2M259.1M246.8M283.9M298.1M
Operating Income3.2M(8.7M)6.8M4.6M4.2M3.9M
Ebit3.2M(8.7M)6.8M4.8M4.3M3.9M
Ebitda8.7M(2.1M)13.5M11.3M10.2M6.4M
Cost Of Revenue138.5M189.0M193.8M181.3M208.5M218.9M
Total Operating Expenses55.4M60.1M65.2M65.6M75.4M43.3M
Income Before Tax5.1M(7.3M)61.4M4.5M5.2M7.6M
Total Other Income Expense Net1.9M1.5M54.6M284K326.6K310.3K
Net Income7.3M(5.5M)45.1M3.5M4.0M5.2M
Income Tax Expense(2.2M)(1.8M)16.3M1.0M918.9K1.7M
Net Income Applicable To Common Shares6.5M7.3M(5.5M)45.1M51.8M54.4M
Net Income From Continuing Ops7.3M(5.5M)45.1M3.5M4.0M3.8M
Selling And Marketing Expenses6.3M6.7M8.2M8.7M10.0M6.5M
Tax Provision(2.2M)(1.8M)16.3M1.0M1.2M1.1M
Reconciled Depreciation5.5M6.7M6.7M6.6M7.5M5.8M

Pair Trading with Bridgford Foods

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

Moving against Bridgford Stock

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The ability to find closely correlated positions to Bridgford Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgford Foods 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 Bridgford Foods - 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 Bridgford Foods to buy it.
The correlation of Bridgford Foods 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 Bridgford Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgford Foods 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 Bridgford Foods 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
When determining whether Bridgford Foods is a strong investment it is important to analyze Bridgford Foods' 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 Bridgford Foods' future performance. For an informed investment choice regarding Bridgford Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgford Foods. 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 information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Bridgford Foods' 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 Bridgford Foods. If investors know Bridgford 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 Bridgford Foods 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
0.325
Earnings Share
0.42
Revenue Per Share
26.976
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0168
The market value of Bridgford Foods is measured differently than its book value, which is the value of Bridgford that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgford Foods' value that differs from its market value or its book value, called intrinsic value, which is Bridgford Foods' 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 Bridgford Foods' market value can be influenced by many factors that don't directly affect Bridgford Foods' 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 Bridgford Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgford Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgford Foods' 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.