Bridgford Foods Stock Cash And Equivalents
BRID Stock | USD 9.69 0.30 3.00% |
Bridgford Foods fundamentals help investors to digest information that contributes to Bridgford Foods' financial success or failures. It also enables traders to predict the movement of Bridgford Stock. The fundamental analysis module provides a way to measure Bridgford Foods' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bridgford Foods stock.
Bridgford | Cash And Equivalents |
Bridgford Foods Company Cash And Equivalents Analysis
Bridgford Foods' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Bridgford Foods Cash And Equivalents | 20.11 M |
Most of Bridgford Foods' fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bridgford Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bridgford Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Bridgford Foods is extremely important. It helps to project a fair market value of Bridgford Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Bridgford Foods' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bridgford Foods' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bridgford Foods' interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition |
Bridgford Cash And Cash Equivalents Changes
Cash And Cash Equivalents Changes |
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In accordance with the recently published financial statements, Bridgford Foods has 20.11 M in Cash And Equivalents. This is 98.6% lower than that of the Food Products sector and 96.74% lower than that of the Consumer Staples industry. The cash and equivalents for all United States stocks is 99.26% higher than that of the company.
Bridgford Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bridgford Foods' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bridgford Foods could also be used in its relative valuation, which is a method of valuing Bridgford Foods by comparing valuation metrics of similar companies.Bridgford Foods is currently under evaluation in cash and equivalents category among its peers.
Bridgford Foods ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bridgford Foods' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bridgford Foods' managers, analysts, and investors.Environmental | Governance | Social |
Bridgford Fundamentals
Return On Equity | -0.0445 | ||||
Return On Asset | -0.0358 | ||||
Profit Margin | (0.03) % | ||||
Operating Margin | (0.04) % | ||||
Current Valuation | 89.79 M | ||||
Shares Outstanding | 9.08 M | ||||
Shares Owned By Insiders | 80.70 % | ||||
Shares Owned By Institutions | 5.16 % | ||||
Number Of Shares Shorted | 7.46 K | ||||
Price To Earning | 14.80 X | ||||
Price To Book | 0.70 X | ||||
Price To Sales | 0.40 X | ||||
Revenue | 223.65 M | ||||
Gross Profit | 51.35 M | ||||
EBITDA | 2.28 M | ||||
Net Income | (3.38 M) | ||||
Cash And Equivalents | 20.11 M | ||||
Cash Per Share | 2.21 X | ||||
Total Debt | 6.34 M | ||||
Debt To Equity | 0.05 % | ||||
Current Ratio | 2.48 X | ||||
Book Value Per Share | 13.99 X | ||||
Cash Flow From Operations | (497 K) | ||||
Short Ratio | 4.54 X | ||||
Earnings Per Share | (0.63) X | ||||
Target Price | 7.93 | ||||
Number Of Employees | 648 | ||||
Beta | -0.76 | ||||
Market Capitalization | 87.95 M | ||||
Total Asset | 157.35 M | ||||
Retained Earnings | 119.41 M | ||||
Working Capital | 61.54 M | ||||
Current Asset | 48.59 M | ||||
Current Liabilities | 12.22 M | ||||
Net Asset | 157.35 M |
About Bridgford Foods Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bridgford Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bridgford Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bridgford Foods based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Bridgford Foods Piotroski F Score and Bridgford Foods Altman Z Score analysis. For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Packaged Foods & Meats 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 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 (0.63) | Revenue Per Share | Quarterly Revenue Growth (0.04) | Return On Assets |
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.