Brown Forman Stock Current Asset

BF-B Stock  USD 40.69  0.39  0.97%   
Brown Forman fundamentals help investors to digest information that contributes to Brown Forman's financial success or failures. It also enables traders to predict the movement of Brown Stock. The fundamental analysis module provides a way to measure Brown Forman's 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 Brown Forman stock.
At present, Brown Forman's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 4.2 B, whereas Other Current Assets are forecasted to decline to about 148 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Brown Forman Company Current Asset Analysis

Brown Forman's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis

Current Brown Forman Current Asset

    
  2.53 B  
Most of Brown Forman's fundamental indicators, such as Current Asset, 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, Brown Forman is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Brown Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Brown Forman is extremely important. It helps to project a fair market value of Brown Stock properly, considering its historical fundamentals such as Current Asset. Since Brown Forman's 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 Brown Forman's 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 Brown Forman's interrelated accounts and indicators.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Brown Total Assets

Total Assets

8.57 Billion

At present, Brown Forman's Total Assets are projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Brown Forman has a Current Asset of 2.53 B. This is 64.71% lower than that of the Beverages sector and significantly higher than that of the Consumer Staples industry. The current asset for all United States stocks is 72.91% higher than that of the company.

Brown Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brown Forman's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Brown Forman could also be used in its relative valuation, which is a method of valuing Brown Forman by comparing valuation metrics of similar companies.
Brown Forman is currently under evaluation in current asset category among its peers.

Brown Forman 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, Brown Forman's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Brown Forman's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Brown Fundamentals

About Brown Forman Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Brown Forman's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brown Forman using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brown Forman 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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Other Information on Investing in Brown Stock

Brown Forman financial ratios help investors to determine whether Brown Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Brown with respect to the benefits of owning Brown Forman security.