| 0R37 Stock | | | 484.50 2.50 0.51% |
Berkshire Hathaway financial indicator trend analysis is way more than just evaluating Berkshire Hathaway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hathaway is a good investment. Please check the relationship between Berkshire Hathaway Total Current Liabilities and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. 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.
Total Current Liabilities vs Total Current Assets
Total Current Liabilities vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Berkshire Hathaway Total Current Liabilities account and
Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Berkshire Hathaway's Total Current Liabilities and Total Current Assets is 0.8. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Berkshire Hathaway, assuming nothing else is changed. The correlation between historical values of Berkshire Hathaway's Total Current Liabilities and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Berkshire Hathaway are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., Berkshire Hathaway's Total Current Liabilities and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Berkshire Hathaway balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Berkshire Hathaway are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Berkshire Hathaway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hathaway 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 Berkshire Hathaway. 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.
Tax Provision is likely to drop to about 10.8
B in 2024.
Selling General Administrative is likely to drop to about 20.8
B in 2024
Berkshire Hathaway fundamental ratios Correlations
Click cells to compare fundamentals
Berkshire Hathaway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Berkshire Hathaway fundamental ratios Accounts
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Additional Tools for Berkshire Stock Analysis
When running Berkshire Hathaway's price analysis, check to
measure Berkshire Hathaway's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berkshire Hathaway is operating at the current time. Most of Berkshire Hathaway's value examination focuses on studying past and present price action to
predict the probability of Berkshire Hathaway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hathaway's price. Additionally, you may evaluate how the addition of Berkshire Hathaway to your portfolios can decrease your overall portfolio volatility.