Big Payables Turnover vs Payout Ratio Analysis

BR Stock

CAD 1.12 0.12 9.68%

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

Payables Turnover vs Payout Ratio

Payables Turnover vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Rock Brewery Payables Turnover account and Payout Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Big Rock's Payables Turnover and Payout Ratio is -0.28. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Big Rock Brewery, assuming nothing else is changed. The correlation between historical values of Big Rock's Payables Turnover and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Big Rock Brewery are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Payables Turnover i.e., Big Rock's Payables Turnover and Payout Ratio go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

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Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Payout Ratio

Payout Ratio is the proportion of Big Rock Brewery earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Big Rock Brewery dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Big Rock Brewery is paying out more in dividends than it makes in net income.

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

At this time, Big Rock's Selling General Administrative is very stable compared to the past year. As of the 23rd of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.12, while Tax Provision is likely to drop (327.6 K).

	2021	2022	2023	2024 (projected)
Gross Profit	14.8M	10.5M	13.0M	20.0M
Total Revenue	46.0M	47.1M	43.7M	39.0M

Gross Profit Total Revenue

Big Rock fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Net Tangible Assets	Long Term Debt
Total Assets		0.33	0.34	0.38	0.84	0.98	0.28	-0.91	0.41	0.18	0.98	-0.08	0.18	0.58	0.96	0.78	0.55	0.33	-0.71	0.53	0.78	0.77	0.3	0.51	0.77	0.13
Short Long Term Debt Total	0.33		0.9	0.94	-0.1	0.23	0.95	-0.62	0.69	-0.2	0.27	-0.08	-0.2	0.22	0.44	0.65	0.88	0.57	0.27	0.94	0.68	0.46	0.94	-0.08	-0.07	0.94
Other Current Liab	0.34	0.9		0.9	-0.05	0.24	0.81	-0.65	0.62	-0.02	0.28	-0.29	-0.02	0.36	0.44	0.57	0.78	0.28	0.16	0.87	0.63	0.47	0.85	0.09	-0.09	0.8
Total Current Liabilities	0.38	0.94	0.9		-0.04	0.27	0.84	-0.68	0.85	0.08	0.29	-0.07	0.08	0.28	0.43	0.61	0.87	0.58	0.09	0.96	0.66	0.59	0.93	-0.1	-0.04	0.88
Total Stockholder Equity	0.84	-0.1	-0.05	-0.04		0.9	-0.14	-0.67	0.12	0.24	0.88	0.02	0.24	0.52	0.79	0.38	0.21	0.15	-0.88	0.11	0.36	0.46	-0.12	0.59	0.96	-0.29
Property Plant And Equipment Net	0.98	0.23	0.24	0.27	0.9		0.2	-0.87	0.31	0.13	1.0	-0.09	0.13	0.51	0.94	0.69	0.46	0.31	-0.77	0.43	0.69	0.64	0.21	0.54	0.83	0.03
Net Debt	0.28	0.95	0.81	0.84	-0.14	0.2		-0.52	0.53	-0.4	0.24	-0.14	-0.4	0.13	0.41	0.69	0.84	0.53	0.37	0.88	0.64	0.35	0.87	-0.09	-0.12	0.92
Retained Earnings	-0.91	-0.62	-0.65	-0.68	-0.67	-0.87	-0.52		-0.65	-0.18	-0.87	0.14	-0.18	-0.6	-0.92	-0.76	-0.76	-0.45	0.56	-0.76	-0.81	-0.78	-0.58	-0.42	-0.63	-0.42
Accounts Payable	0.41	0.69	0.62	0.85	0.12	0.31	0.53	-0.65		0.38	0.29	0.21	0.38	0.48	0.36	0.49	0.81	0.57	-0.19	0.81	0.52	0.72	0.66	-0.11	0.16	0.67
Cash	0.18	-0.2	-0.02	0.08	0.24	0.13	-0.4	-0.18	0.38		0.1	0.1	1.0	0.27	0.01	-0.05	-0.02	-0.11	-0.49	0.03	-0.03	0.44	-0.15	0.09	0.18	-0.2
Non Current Assets Total	0.98	0.27	0.28	0.29	0.88	1.0	0.24	-0.87	0.29	0.1		-0.11	0.1	0.52	0.96	0.73	0.48	0.28	-0.72	0.46	0.72	0.65	0.24	0.54	0.8	0.06
Non Currrent Assets Other	-0.08	-0.08	-0.29	-0.07	0.02	-0.09	-0.14	0.14	0.21	0.1	-0.11		0.1	0.12	-0.08	-0.1	0.04	0.33	0.06	-0.05	-0.26	0.08	-0.14	-0.26	0.2	0.04
Cash And Short Term Investments	0.18	-0.2	-0.02	0.08	0.24	0.13	-0.4	-0.18	0.38	1.0	0.1	0.1		0.27	0.01	-0.05	-0.02	-0.11	-0.49	0.03	-0.03	0.44	-0.15	0.09	0.18	-0.2
Net Receivables	0.58	0.22	0.36	0.28	0.52	0.51	0.13	-0.6	0.48	0.27	0.52	0.12	0.27		0.58	0.42	0.46	-0.04	-0.44	0.36	0.42	0.67	0.1	0.36	0.51	0.09
Common Stock Shares Outstanding	0.96	0.44	0.44	0.43	0.79	0.94	0.41	-0.92	0.36	0.01	0.96	-0.08	0.01	0.58		0.78	0.6	0.37	-0.56	0.57	0.79	0.7	0.39	0.49	0.74	0.22
Non Current Liabilities Total	0.78	0.65	0.57	0.61	0.38	0.69	0.69	-0.76	0.49	-0.05	0.73	-0.1	-0.05	0.42	0.78		0.76	0.36	-0.19	0.78	0.88	0.74	0.53	0.28	0.31	0.55
Inventory	0.55	0.88	0.78	0.87	0.21	0.46	0.84	-0.76	0.81	-0.02	0.48	0.04	-0.02	0.46	0.6	0.76		0.6	-0.05	0.95	0.68	0.67	0.76	0.08	0.26	0.84
Other Current Assets	0.33	0.57	0.28	0.58	0.15	0.31	0.53	-0.45	0.57	-0.11	0.28	0.33	-0.11	-0.04	0.37	0.36	0.6		-0.03	0.58	0.33	0.39	0.65	-0.07	0.29	0.57
Other Stockholder Equity	-0.71	0.27	0.16	0.09	-0.88	-0.77	0.37	0.56	-0.19	-0.49	-0.72	0.06	-0.49	-0.44	-0.56	-0.19	-0.05	-0.03		0.01	-0.24	-0.45	0.24	-0.5	-0.81	0.43
Total Liab	0.53	0.94	0.87	0.96	0.11	0.43	0.88	-0.76	0.81	0.03	0.46	-0.05	0.03	0.36	0.57	0.78	0.95	0.58	0.01		0.74	0.65	0.87	0.04	0.11	0.87
Property Plant And Equipment Gross	0.78	0.68	0.63	0.66	0.36	0.69	0.64	-0.81	0.52	-0.03	0.72	-0.26	-0.03	0.42	0.79	0.88	0.68	0.33	-0.24	0.74		0.75	0.65	0.13	0.26	0.52
Total Current Assets	0.77	0.46	0.47	0.59	0.46	0.64	0.35	-0.78	0.72	0.44	0.65	0.08	0.44	0.67	0.7	0.74	0.67	0.39	-0.45	0.65	0.75		0.43	0.25	0.42	0.36
Short Term Debt	0.3	0.94	0.85	0.93	-0.12	0.21	0.87	-0.58	0.66	-0.15	0.24	-0.14	-0.15	0.1	0.39	0.53	0.76	0.65	0.24	0.87	0.65	0.43		-0.18	-0.11	0.88
Current Deferred Revenue	0.51	-0.08	0.09	-0.1	0.59	0.54	-0.09	-0.42	-0.11	0.09	0.54	-0.26	0.09	0.36	0.49	0.28	0.08	-0.07	-0.5	0.04	0.13	0.25	-0.18		0.54	-0.31
Net Tangible Assets	0.77	-0.07	-0.09	-0.04	0.96	0.83	-0.12	-0.63	0.16	0.18	0.8	0.2	0.18	0.51	0.74	0.31	0.26	0.29	-0.81	0.11	0.26	0.42	-0.11	0.54		-0.22
Long Term Debt	0.13	0.94	0.8	0.88	-0.29	0.03	0.92	-0.42	0.67	-0.2	0.06	0.04	-0.2	0.09	0.22	0.55	0.84	0.57	0.43	0.87	0.52	0.36	0.88	-0.31	-0.22

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Big Rock Account Relationship Matchups

Big Rock fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	49.8M	52.0M	54.8M	51.6M	52.8M	41.8M
Short Long Term Debt Total	6.7M	9.1M	14.6M	17.5M	19.6M	20.6M
Other Current Liab	2.4M	2.8M	2.8M	4.1M	4.1M	4.3M
Total Current Liabilities	6.2M	6.2M	9.8M	15.1M	16.2M	17.0M
Total Stockholder Equity	35.9M	34.8M	31.7M	25.2M	22.5M	27.6M
Property Plant And Equipment Net	40.9M	41.3M	42.7M	39.5M	36.7M	33.0M
Net Debt	6.3M	8.8M	14.4M	16.9M	18.6M	19.5M
Retained Earnings	(79.8M)	(81.1M)	(84.4M)	(91.5M)	(94.4M)	(89.7M)
Accounts Payable	1.2M	1.9M	3.6M	4.6M	6.3M	6.7M
Cash	354K	252K	228K	612K	1.0M	1.1M
Non Current Assets Total	43.2M	43.4M	45.2M	41.7M	38.2M	33.7M
Non Currrent Assets Other	(43.2M)	(43.4M)	(45.2M)	(41.7M)	1.4M	1.4M
Cash And Short Term Investments	354K	252K	228K	612K	1.0M	1.1M
Net Receivables	1.6M	2.8M	2.2M	2.5M	2.9M	2.5M
Liabilities And Stockholders Equity	49.8M	52.0M	54.8M	51.6M	52.8M	41.8M
Non Current Liabilities Total	7.7M	10.9M	13.3M	11.3M	14.1M	8.6M
Inventory	4.2M	5.1M	6.7M	5.8M	8.9M	9.4M
Other Current Assets	435K	387K	463K	994K	1.7M	1.8M
Other Stockholder Equity	1.8M	2.2M	2.5M	3.0M	3.2M	3.0M
Total Liab	13.9M	17.1M	23.1M	26.4M	30.3M	31.8M
Property Plant And Equipment Gross	40.9M	41.3M	70.7M	67.6M	67.1M	35.8M
Total Current Assets	6.6M	8.5M	9.6M	9.9M	14.6M	8.2M
Short Term Debt	2.3M	1.5M	3.4M	6.4M	5.5M	5.8M
Net Tangible Assets	33.6M	32.7M	29.1M	23.0M	26.5M	31.4M
Long Term Debt	2.9M	2.5M	7.5M	8.0M	11.7M	12.3M
Short Long Term Debt	2.0M	470K	2.7M	5.7M	4.8M	2.5M
Property Plant Equipment	40.9M	41.3M	42.7M	39.5M	45.4M	39.2M
Other Liab	3.4M	3.4M	2.1M	178K	160.2K	152.2K
Intangible Assets	2.3M	2.1M	2.6M	2.2M	1.4M	1.2M
Long Term Debt Total	4.1M	7.5M	11.2M	11.1M	12.8M	7.3M
Capital Surpluse	1.8M	2.2M	2.5M	3.0M	3.4M	2.1M
Capital Lease Obligations	1.8M	6.1M	4.4M	3.8M	3.0M	3.3M
Non Current Liabilities Other	0.0	1.6M	510K	420K	483K	626.6K
Net Invested Capital	40.8M	37.8M	41.9M	39.0M	39.1M	32.2M

Pair Trading with Big Rock

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

Moving against Big Stock

0.42	JPM	JPMorgan Chase	Pair Corr
0.42	NICU	Magna Mining	Pair Corr
0.4	FSZ	Fiera Capital	Pair Corr
0.39	ERE-UN	European Residential Real	Pair Corr
0.38	RY-PM	Royal Bank	Pair Corr

The ability to find closely correlated positions to Big Rock 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 Rock 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 Rock - 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 Rock Brewery to buy it.

The correlation of Big Rock 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 Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Rock Brewery 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 Rock 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 Big Stock

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

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Big Payables Turnover vs Payout Ratio Analysis

Payables Turnover vs Payout Ratio

Payables Turnover vs Payout Ratio Correlation Analysis

Correlation Coefficient

Payables Turnover

Payout Ratio

Big Rock fundamental ratios Correlations

Big Rock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Big Rock fundamental ratios Accounts

Pair Trading with Big Rock

Moving against Big Stock

Other Information on Investing in Big Stock

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Common Stock Shares Outstanding	+ 0.96	Total Assets
Total Liab	+ 0.96	Total Current Liabilities

Common Stock Shares Outstanding	- 0.92	Retained Earnings
Retained Earnings	- 0.91	Total Assets
Other Stockholder Equity	- 0.88	Total Stockholder Equity
Non Current Assets Total	- 0.87	Retained Earnings
Retained Earnings	- 0.87	Property Plant And Equipment Net
Net Tangible Assets	- 0.81	Other Stockholder Equity