Bikaji Net Receivables vs Depreciation And Amortization Analysis

BIKAJI Stock   642.25  4.85  0.75%   
Bikaji Foods financial indicator trend analysis is way more than just evaluating Bikaji Foods Interna prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bikaji Foods Interna is a good investment. Please check the relationship between Bikaji Foods Net Receivables and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bikaji Foods International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Net Receivables vs Depreciation And Amortization

Net Receivables vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bikaji Foods Interna Net Receivables account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bikaji Foods' Net Receivables and Depreciation And Amortization is 0.95. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Bikaji Foods International, assuming nothing else is changed. The correlation between historical values of Bikaji Foods' Net Receivables and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Bikaji Foods International are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Receivables i.e., Bikaji Foods' Net Receivables and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Bikaji Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bikaji Foods Interna 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 Bikaji Foods International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
The current year's Tax Provision is expected to grow to about 1 B, whereas Selling General Administrative is forecasted to decline to about 138.6 M.
 2022 2023 2024 2025 (projected)
Interest Expense105.9M112.2M129.1M74.7M
Depreciation And Amortization470.6M600.6M690.7M423.8M

Bikaji Foods fundamental ratios Correlations

0.960.710.961.00.990.170.960.990.94-0.621.0-0.040.940.950.650.870.80.980.640.970.981.00.97-0.80.79
0.960.740.960.940.940.190.990.920.94-0.560.96-0.180.930.880.550.910.850.990.630.980.990.960.98-0.860.72
0.710.740.820.690.670.620.80.650.59-0.760.71-0.180.710.580.330.920.390.740.890.750.770.70.77-0.870.47
0.960.960.820.950.940.350.980.930.94-0.710.96-0.230.90.870.560.920.690.990.750.940.990.950.99-0.820.71
1.00.940.690.950.990.150.951.00.93-0.621.0-0.020.940.960.660.850.80.970.620.960.971.00.96-0.780.79
0.990.940.670.940.990.060.930.990.94-0.530.990.070.970.930.670.860.840.960.640.950.971.00.94-0.790.8
0.170.190.620.350.150.060.320.130.07-0.80.18-0.670.00.15-0.150.32-0.30.230.440.210.230.130.3-0.21-0.06
0.960.990.80.980.950.930.320.920.92-0.690.96-0.260.890.90.540.910.770.990.660.980.990.960.99-0.850.71
0.990.920.650.931.00.990.130.920.93-0.610.990.020.920.960.660.810.770.950.610.930.950.990.94-0.730.79
0.940.940.590.940.930.940.070.920.93-0.490.94-0.140.890.850.60.80.780.960.60.890.960.940.95-0.680.73
-0.62-0.56-0.76-0.71-0.62-0.53-0.8-0.69-0.61-0.49-0.640.49-0.41-0.63-0.35-0.59-0.11-0.64-0.56-0.62-0.62-0.59-0.690.5-0.46
1.00.960.710.961.00.990.180.960.990.94-0.64-0.060.930.960.650.860.790.980.640.970.981.00.98-0.790.79
-0.04-0.18-0.18-0.23-0.020.07-0.67-0.260.02-0.140.49-0.060.18-0.080.2-0.040.17-0.190.05-0.12-0.15-0.01-0.25-0.040.11
0.940.930.710.90.940.970.00.890.920.89-0.410.930.180.830.610.920.870.920.720.920.940.960.89-0.870.74
0.950.880.580.870.960.930.150.90.960.85-0.630.96-0.080.830.650.720.780.910.420.940.90.950.91-0.70.78
0.650.550.330.560.660.67-0.150.540.660.6-0.350.650.20.610.650.470.560.60.30.610.590.640.57-0.470.97
0.870.910.920.920.850.860.320.910.810.8-0.590.86-0.040.920.720.470.690.890.870.890.920.870.89-0.940.63
0.80.850.390.690.80.84-0.30.770.770.78-0.110.790.170.870.780.560.690.790.30.850.80.830.75-0.750.69
0.980.990.740.990.970.960.230.990.950.96-0.640.98-0.190.920.910.60.890.790.660.971.00.981.0-0.810.76
0.640.630.890.750.620.640.440.660.610.6-0.560.640.050.720.420.30.870.30.660.590.690.640.66-0.720.39
0.970.980.750.940.960.950.210.980.930.89-0.620.97-0.120.920.940.610.890.850.970.590.970.970.97-0.890.77
0.980.990.770.990.970.970.230.990.950.96-0.620.98-0.150.940.90.590.920.81.00.690.970.980.99-0.850.75
1.00.960.70.951.01.00.130.960.990.94-0.591.0-0.010.960.950.640.870.830.980.640.970.980.97-0.810.78
0.970.980.770.990.960.940.30.990.940.95-0.690.98-0.250.890.910.570.890.751.00.660.970.990.97-0.810.73
-0.8-0.86-0.87-0.82-0.78-0.79-0.21-0.85-0.73-0.680.5-0.79-0.04-0.87-0.7-0.47-0.94-0.75-0.81-0.72-0.89-0.85-0.81-0.81-0.63
0.790.720.470.710.790.8-0.060.710.790.73-0.460.790.110.740.780.970.630.690.760.390.770.750.780.73-0.63
Click cells to compare fundamentals

Bikaji Foods Account Relationship Matchups

Bikaji Foods fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.2B11.0B12.7B15.3B17.6B11.1B
Short Long Term Debt Total874.3M1.6B1.7B1.7B1.9B1.3B
Other Current Liab320.9M445.9M636.4M343.0M394.5M422.7M
Total Current Liabilities1.6B1.9B2.2B2.2B2.5B1.8B
Total Stockholder Equity6.1B8.2B9.5B12.2B14.0B8.4B
Property Plant And Equipment Net4.5B5.6B7.2B8.1B9.4B6.2B
Current Deferred Revenue461.7M437.8M223.5M82.5M74.2M70.5M
Net Debt856.8M1.6B1.5B1.6B1.8B1.2B
Retained Earnings3.7B4.4B5.8B8.3B9.6B5.1B
Accounts Payable424.6M428.1M534.0M589.3M677.6M442.1M
Cash17.6M25.1M168.1M86.5M77.9M79.3M
Non Current Assets Total5.8B7.6B8.5B10.4B11.9B7.6B
Non Currrent Assets Other(5.2B)(6.9B)763.0M508.5M457.7M480.5M
Cash And Short Term Investments937.1M1.3B2.0B1.8B2.0B1.5B
Net Receivables546.7M1.2B792.0M1.7B1.9B977.7M
Short Term Investments919.5M1.2B1.8B1.3B1.5B1.3B
Liabilities And Stockholders Equity8.2B11.0B12.7B15.3B17.6B11.1B
Non Current Liabilities Total475.3M912.2M968.6M999.6M1.1B853.0M
Inventory567.7M728.9M784.2M821.4M944.6M675.1M
Other Current Assets853.1M144.1M2.0B672.6M773.5M786.6M
Other Stockholder Equity2.0B3.5B3.4B3.6B4.1B3.1B
Total Liab2.1B2.8B3.2B3.2B3.6B2.6B
Total Current Assets2.4B3.4B4.2B5.0B5.7B3.5B
Accumulated Other Comprehensive Income48.5M127.0M146.1M11.9B13.7B14.4B
Short Term Debt724.0M1.0B1.0B1.1B1.3B860.9M
Intangible Assets19.0M11.6M8.5M12.7M11.5M11.2M
Long Term Debt142.1M410.5M474.1M184.1M211.7M303.6M
Capital Lease Obligations12.8M185.2M260.1M476.4M547.9M575.3M
Net Invested Capital6.9B9.6B11.0B13.4B15.4B10.3B
Short Long Term Debt719.5M1.0B960.9M1.0B1.2B888.6M
Net Working Capital736.8M1.5B2.0B2.8B3.2B1.8B

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Other Information on Investing in Bikaji Stock

Balance Sheet is a snapshot of the financial position of Bikaji Foods Interna at a specified time, usually calculated after every quarter, six months, or one year. Bikaji Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bikaji Foods 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 Bikaji currently owns. An asset can also be divided into two categories, current and non-current.