BJs Depreciation vs Net Income Analysis
BJRI Stock | USD 36.94 0.39 1.04% |
BJs Restaurants financial indicator trend analysis is way more than just evaluating BJs Restaurants prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BJs Restaurants is a good investment. Please check the relationship between BJs Restaurants Depreciation and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BJs Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in BJs Stock please use our How to Invest in BJs Restaurants guide.
Depreciation vs Net Income
Depreciation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BJs Restaurants Depreciation account and Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between BJs Restaurants' Depreciation and Net Income is 0.04. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of BJs Restaurants, assuming nothing else is changed. The correlation between historical values of BJs Restaurants' Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of BJs Restaurants are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., BJs Restaurants' Depreciation and Net Income go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of BJs Restaurants value has been used up. For tax purposes BJs Restaurants can deduct the cost of the tangible assets it purchases as business expenses. However, BJs Restaurants must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in BJs Restaurants financial statement analysis. It represents the amount of money remaining after all of BJs Restaurants operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from BJs Restaurants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BJs Restaurants 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 BJs Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in BJs Stock please use our How to Invest in BJs Restaurants guide.The current Selling General Administrative is estimated to decrease to about 78 M. The BJs Restaurants' current Tax Provision is estimated to increase to about (9.1 M)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.0M | 2.9M | 4.9M | 5.2M | Depreciation And Amortization | 104.2M | 103.9M | 71.0M | 38.8M |
BJs Restaurants fundamental ratios Correlations
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BJs Restaurants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BJs Restaurants fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.1B | 1.0B | 1.0B | 1.1B | 1.1B | |
Total Stockholder Equity | 290.3M | 293.8M | 333.8M | 345.5M | 365.8M | 223.1M | |
Non Current Assets Total | 1.0B | 964.1M | 944.4M | 963.7M | 975.4M | 1.0B | |
Non Currrent Assets Other | 35.8M | 42.8M | 43.4M | 39.8M | 40.6M | 42.6M | |
Other Assets | 35.8M | 424.6M | 1.0B | 1.0B | 1.1B | 1.1B | |
Common Stock Shares Outstanding | 20.6M | 21.2M | 23.2M | 23.7M | 23.9M | 22.2M | |
Liabilities And Stockholders Equity | 1.1B | 1.1B | 1.0B | 1.0B | 1.1B | 1.1B | |
Non Current Liabilities Total | 623.4M | 587.7M | 501.0M | 503.5M | 493.4M | 518.0M | |
Other Stockholder Equity | 67.1M | 71.7M | 72.5M | 74.5M | 77.0M | 73.2M | |
Total Liab | 781.8M | 765.6M | 701.4M | 700.4M | 692.7M | 727.3M | |
Short Long Term Debt Total | 623.5M | 610.5M | 525.3M | 532.7M | 519.5M | 545.5M | |
Other Current Liab | 59.8M | 78.9M | 61.8M | 45.6M | 56.3M | 59.1M | |
Total Current Liabilities | 158.4M | 177.9M | 200.4M | 196.9M | 199.3M | 209.3M | |
Property Plant And Equipment Net | 967.0M | 910.4M | 871.4M | 875.9M | 875.3M | 919.0M | |
Net Debt | 601.1M | 556.5M | 486.7M | 507.8M | 490.4M | 515.0M | |
Retained Earnings | 223.2M | 222.1M | 261.3M | 271.1M | 288.7M | 303.2M | |
Accounts Payable | 23.4M | 37.8M | 48.8M | 59.6M | 60.6M | 63.7M | |
Cash | 22.4M | 54.0M | 38.5M | 24.9M | 29.1M | 23.0M | |
Cash And Short Term Investments | 22.4M | 54.0M | 38.5M | 24.9M | 29.1M | 31.9M | |
Net Receivables | 22.2M | 23.6M | 29.1M | 28.6M | 19.5M | 12.9M | |
Inventory | 11.1M | 10.7M | 11.6M | 11.9M | 13.2M | 13.9M | |
Other Current Assets | 17.8M | 9.3M | 23.3M | 16.9M | 21.2M | 11.0M | |
Property Plant And Equipment Gross | 967.0M | 534.8M | 1.6B | 1.7B | 1.7B | 1.8B | |
Total Current Assets | 64.6M | 95.3M | 90.8M | 82.3M | 83.0M | 62.5M | |
Other Liab | 32.0M | 14.1M | 14.9M | 10.9M | 12.5M | 11.9M | |
Long Term Debt | 143M | 116.8M | 50M | 60M | 68M | 62.7M | |
Property Plant Equipment | 967.0M | 910.4M | 871.4M | 875.9M | 1.0B | 1.1B | |
Current Deferred Revenue | 27.4M | 23.4M | 23.4M | 17.5M | 14.4M | 15.5M | |
Net Tangible Assets | 285.6M | 289.1M | 330.8M | 340.8M | 306.8M | 251.3M |
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When determining whether BJs Restaurants offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BJs Restaurants' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bjs Restaurants Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bjs Restaurants Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BJs Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in BJs Stock please use our How to Invest in BJs Restaurants guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Hotels, Restaurants & Leisure 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 BJs Restaurants. If investors know BJs 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 BJs Restaurants 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 0.44 | Earnings Share 1.31 | Revenue Per Share 57.499 | Quarterly Revenue Growth 0.022 | Return On Assets 0.0172 |
The market value of BJs Restaurants is measured differently than its book value, which is the value of BJs that is recorded on the company's balance sheet. Investors also form their own opinion of BJs Restaurants' value that differs from its market value or its book value, called intrinsic value, which is BJs Restaurants' 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 BJs Restaurants' market value can be influenced by many factors that don't directly affect BJs Restaurants' 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 BJs Restaurants' value and its price as these two are different measures arrived at by different means. Investors typically determine if BJs Restaurants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BJs Restaurants' 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.