Bird Operating Income vs Cost Of Revenue Analysis

BDT Stock

CAD 30.85 0.26 0.85%

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

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bird Construction Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Bird Construction's Operating Income and Cost Of Revenue is 0.56. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Bird Construction, assuming nothing else is changed. The correlation between historical values of Bird Construction's Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Bird Construction are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., Bird Construction's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Bird Construction operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Bird Construction is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Bird Construction income statement and represents the costs associated with goods and services Bird Construction provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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

At this time, Bird Construction's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Multiple is likely to grow to 5.58, while Selling General Administrative is likely to drop about 81.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	186.7M	201.8M	240.5M	134.0M
Total Revenue	2.2B	2.4B	2.8B	1.5B

Gross Profit Total Revenue

Bird Construction fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Short Long Term Debt Total	Non Current Liabilities Total	Inventory	Good Will
Total Assets		0.78	0.98	0.93	0.85	0.76	0.35	0.72	0.98	0.38	0.83	0.22	0.0	0.8	0.86	-0.79	0.49	-0.16	0.99	0.77	0.99	-0.02	0.87	0.8	0.23	0.83
Other Current Liab	0.78		0.69	0.74	0.8	0.57	0.61	0.4	0.69	-0.03	0.83	0.2	-0.22	0.59	0.62	-0.55	0.46	-0.13	0.77	0.74	0.7	-0.21	0.78	0.82	0.49	0.86
Total Current Liabilities	0.98	0.69		0.86	0.81	0.75	0.29	0.67	0.99	0.46	0.77	0.28	0.08	0.79	0.86	-0.81	0.47	-0.2	0.99	0.72	0.99	0.13	0.88	0.74	0.13	0.72
Total Stockholder Equity	0.93	0.74	0.86		0.78	0.67	0.22	0.9	0.91	0.33	0.78	0.06	-0.03	0.75	0.87	-0.71	0.38	-0.09	0.88	0.74	0.91	-0.32	0.66	0.74	0.22	0.89
Property Plant And Equipment Net	0.85	0.8	0.81	0.78		0.91	0.52	0.51	0.8	0.22	0.99	0.31	-0.24	0.92	0.77	-0.83	0.7	-0.21	0.85	0.93	0.82	-0.07	0.83	0.97	0.46	0.78
Current Deferred Revenue	0.76	0.57	0.75	0.67	0.91		0.44	0.49	0.72	0.26	0.9	0.24	-0.31	0.96	0.66	-0.73	0.71	-0.09	0.76	0.92	0.76	0.04	0.72	0.91	0.51	0.63
Net Debt	0.35	0.61	0.29	0.22	0.52	0.44		-0.08	0.21	-0.65	0.57	0.34	-0.77	0.42	0.09	-0.1	0.34	-0.2	0.37	0.62	0.27	0.2	0.6	0.61	0.73	0.54
Retained Earnings	0.72	0.4	0.67	0.9	0.51	0.49	-0.08		0.74	0.41	0.52	-0.19	0.07	0.61	0.78	-0.55	0.13	0.01	0.65	0.53	0.74	-0.38	0.34	0.46	0.0	0.69
Accounts Payable	0.98	0.69	0.99	0.91	0.8	0.72	0.21	0.74		0.49	0.77	0.25	0.11	0.78	0.9	-0.84	0.43	-0.21	0.98	0.71	0.99	0.0	0.81	0.73	0.1	0.76
Cash	0.38	-0.03	0.46	0.33	0.22	0.26	-0.65	0.41	0.49		0.14	-0.09	0.8	0.27	0.54	-0.58	0.21	0.05	0.38	0.01	0.45	0.06	0.2	0.1	-0.54	-0.05
Non Current Assets Total	0.83	0.83	0.77	0.78	0.99	0.9	0.57	0.52	0.77	0.14		0.27	-0.32	0.91	0.74	-0.78	0.69	-0.17	0.82	0.95	0.79	-0.14	0.79	0.98	0.54	0.82
Non Currrent Assets Other	0.22	0.2	0.28	0.06	0.31	0.24	0.34	-0.19	0.25	-0.09	0.27		-0.24	0.25	0.08	-0.23	0.3	-0.66	0.26	0.28	0.21	0.38	0.33	0.2	0.18	0.15
Cash And Short Term Investments	0.0	-0.22	0.08	-0.03	-0.24	-0.31	-0.77	0.07	0.11	0.8	-0.32	-0.24		-0.3	0.19	-0.17	-0.21	0.16	0.01	-0.48	0.06	0.04	-0.09	-0.35	-0.78	-0.32
Net Receivables	0.8	0.59	0.79	0.75	0.92	0.96	0.42	0.61	0.78	0.27	0.91	0.25	-0.3		0.75	-0.77	0.64	-0.2	0.79	0.94	0.81	0.02	0.71	0.89	0.44	0.68
Common Stock Shares Outstanding	0.86	0.62	0.86	0.87	0.77	0.66	0.09	0.78	0.9	0.54	0.74	0.08	0.19	0.75		-0.89	0.26	-0.03	0.84	0.67	0.87	-0.16	0.67	0.66	-0.1	0.71
Short Term Investments	-0.79	-0.55	-0.81	-0.71	-0.83	-0.73	-0.1	-0.55	-0.84	-0.58	-0.78	-0.23	-0.17	-0.77	-0.89		-0.5	0.14	-0.79	-0.67	-0.8	0.08	-0.68	-0.71	0.01	-0.56
Other Current Assets	0.49	0.46	0.47	0.38	0.7	0.71	0.34	0.13	0.43	0.21	0.69	0.3	-0.21	0.64	0.26	-0.5		-0.17	0.51	0.58	0.46	0.04	0.56	0.73	0.56	0.34
Other Stockholder Equity	-0.16	-0.13	-0.2	-0.09	-0.21	-0.09	-0.2	0.01	-0.21	0.05	-0.17	-0.66	0.16	-0.2	-0.03	0.14	-0.17		-0.18	-0.19	-0.17	-0.26	-0.19	-0.13	-0.16	-0.09
Total Liab	0.99	0.77	0.99	0.88	0.85	0.76	0.37	0.65	0.98	0.38	0.82	0.26	0.01	0.79	0.84	-0.79	0.51	-0.18		0.76	0.99	0.07	0.91	0.8	0.23	0.79
Property Plant And Equipment Gross	0.77	0.74	0.72	0.74	0.93	0.92	0.62	0.53	0.71	0.01	0.95	0.28	-0.48	0.94	0.67	-0.67	0.58	-0.19	0.76		0.74	-0.11	0.71	0.95	0.64	0.82
Total Current Assets	0.99	0.7	0.99	0.91	0.82	0.76	0.27	0.74	0.99	0.45	0.79	0.21	0.06	0.81	0.87	-0.8	0.46	-0.17	0.99	0.74		0.04	0.84	0.76	0.17	0.77
Short Term Debt	-0.02	-0.21	0.13	-0.32	-0.07	0.04	0.2	-0.38	0.0	0.06	-0.14	0.38	0.04	0.02	-0.16	0.08	0.04	-0.26	0.07	-0.11	0.04		0.32	-0.12	-0.16	-0.35
Short Long Term Debt Total	0.87	0.78	0.88	0.66	0.83	0.72	0.6	0.34	0.81	0.2	0.79	0.33	-0.09	0.71	0.67	-0.68	0.56	-0.19	0.91	0.71	0.84	0.32		0.8	0.3	0.67
Non Current Liabilities Total	0.8	0.82	0.74	0.74	0.97	0.91	0.61	0.46	0.73	0.1	0.98	0.2	-0.35	0.89	0.66	-0.71	0.73	-0.13	0.8	0.95	0.76	-0.12	0.8		0.63	0.8
Inventory	0.23	0.49	0.13	0.22	0.46	0.51	0.73	0.0	0.1	-0.54	0.54	0.18	-0.78	0.44	-0.1	0.01	0.56	-0.16	0.23	0.64	0.17	-0.16	0.3	0.63		0.49
Good Will	0.83	0.86	0.72	0.89	0.78	0.63	0.54	0.69	0.76	-0.05	0.82	0.15	-0.32	0.68	0.71	-0.56	0.34	-0.09	0.79	0.82	0.77	-0.35	0.67	0.8	0.49

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Bird Construction Account Relationship Matchups

Bird Construction fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	856.8M	1.1B	1.1B	1.2B	1.4B	776.3M
Other Current Liab	11.4M	31.3M	41.4M	29.7M	26.6M	17.0M
Total Current Liabilities	648.9M	684.6M	721.3M	785.7M	914.5M	535.2M
Total Stockholder Equity	127.7M	212.6M	243.5M	273.0M	322.5M	176.1M
Property Plant And Equipment Net	80.5M	120.9M	122.5M	121.6M	130.4M	137.0M
Current Deferred Revenue	112.1M	120.1M	130.3M	147.0M	206.3M	216.7M
Net Debt	(23.2M)	(61.1M)	32.4M	36.7M	(26.2M)	(27.5M)
Retained Earnings	83.2M	102.5M	126.9M	156.5M	205.3M	117.0M
Accounts Payable	419.9M	490.5M	514.3M	570.7M	640.0M	391.2M
Cash	180.3M	212.1M	125.7M	111.6M	177.5M	167.9M
Non Current Assets Total	127.4M	241.7M	264.1M	259.0M	275.9M	289.7M
Non Currrent Assets Other	6.6M	13.2M	9.1M	5.5M	3.6M	3.8M
Cash And Short Term Investments	180.3M	212.1M	125.7M	111.6M	79.9M	75.9M
Net Receivables	512.9M	558.4M	648.7M	757.5M	946.0M	993.3M
Short Term Investments	7.1M	1.3M	4.9M	3.0M	48K	45.6K
Liabilities And Stockholders Equity	856.8M	1.1B	1.1B	1.2B	1.4B	776.3M
Other Current Assets	35.6M	157.4M	19.9M	22.3M	110.5M	116.0M
Total Liab	729.1M	849.2M	893.7M	956.3M	1.1B	600.2M
Property Plant And Equipment Gross	80.5M	120.9M	230.9M	249.9M	271.1M	284.7M
Total Current Assets	729.4M	820.1M	873.1M	970.3M	1.1B	660.1M
Accumulated Other Comprehensive Income	40K	70K	13K	(89K)	(41K)	(43.1K)
Short Term Debt	99.3M	26.8M	27.3M	24.9M	29.1M	35.1M
Short Long Term Debt Total	157.1M	151.0M	158.0M	148.4M	151.4M	87.2M
Non Current Liabilities Total	80.2M	164.6M	172.4M	170.6M	187.4M	196.8M
Inventory	549K	8.0M	9.4M	10.4M	12.1M	12.7M
Intangible Assets	2.5M	27.5M	30.5M	34.7M	46.4M	48.7M
Other Liab	22.3M	40.3M	41.6M	47.1M	54.2M	29.2M
Net Tangible Assets	108.8M	152.0M	157.3M	182.5M	209.9M	156.8M
Other Assets	17.9M	45.2M	41.9M	37.1M	1.0	0.95
Long Term Debt	34.7M	64.9M	71.2M	68.0M	64.6M	37.8M
Short Long Term Debt	91.3M	8.0M	7.5M	7.1M	8.3M	7.9M
Property Plant Equipment	80.5M	120.9M	122.5M	121.6M	139.8M	84.6M
Long Term Debt Total	57.8M	124.2M	130.8M	123.5M	142.0M	149.1M
Capital Lease Obligations	31.1M	78.1M	79.4M	73.3M	78.4M	49.2M

Pair Trading with Bird Construction

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 Bird Construction 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 Bird Construction will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bird Stock

0.77

CTF-UN

Citadel Income

Pair Corr

Moving against Bird Stock

0.55

DELX

DelphX Capital Markets

Pair Corr

The ability to find closely correlated positions to Bird Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bird Construction 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 Bird Construction - 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 Bird Construction to buy it.

The correlation of Bird Construction 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 Bird Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bird Construction 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 Bird Construction 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 Correlation Correlation Matching

Other Information on Investing in Bird Stock

Balance Sheet is a snapshot of the financial position of Bird Construction at a specified time, usually calculated after every quarter, six months, or one year. Bird Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bird Construction and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bird currently owns. An asset can also be divided into two categories, current and non-current.

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Bird Operating Income vs Cost Of Revenue Analysis

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Operating Income

Cost Of Revenue

Bird Construction fundamental ratios Correlations

Bird Construction Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bird Construction fundamental ratios Accounts

Pair Trading with Bird Construction

Moving together with Bird Stock

Moving against Bird Stock

Other Information on Investing in Bird Stock

COMMON DESTINATIONS

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Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Short Term Investments	- 0.89	Common Stock Shares Outstanding
Short Term Investments	- 0.84	Accounts Payable
Short Term Investments	- 0.83	Property Plant And Equipment Net
Short Term Investments	- 0.81	Total Current Liabilities
Total Current Assets	- 0.8	Short Term Investments
Total Liab	- 0.79	Short Term Investments