Brookfield Non Current Assets Total vs Property Plant And Equipment Net Analysis
BBU-UN Stock | CAD 35.99 0.67 1.90% |
Brookfield Business financial indicator trend analysis is way more than just evaluating Brookfield Business prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Business is a good investment. Please check the relationship between Brookfield Business Non Current Assets Total and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Business Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Non Current Assets Total vs Property Plant And Equipment Net
Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Business Non Current Assets Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brookfield Business' Non Current Assets Total and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Brookfield Business Partners, assuming nothing else is changed. The correlation between historical values of Brookfield Business' Non Current Assets Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Brookfield Business Partners are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., Brookfield Business' Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Brookfield Business' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Business 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 Brookfield Business Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Brookfield Business' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.03, whereas Tax Provision is projected to grow to (52.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.5B | 2.5B | 2.9B | 3.1B | Depreciation And Amortization | 2.3B | 3.2B | 3.6B | 3.8B |
Brookfield Business fundamental ratios Correlations
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Brookfield Business Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookfield Business fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 69.4M | 80.2M | 78.3M | 148M | 74.5M | 74.6M | |
Total Assets | 51.8B | 54.7B | 64.2B | 89.5B | 82.4B | 86.5B | |
Short Long Term Debt Total | 22.4B | 23.8B | 29.1B | 50.8B | 45.5B | 47.8B | |
Other Current Liab | (2.8B) | (4.5B) | (5.1B) | 7.6B | 6.0B | 6.3B | |
Total Current Liabilities | 16.5B | 610M | 1.6B | 17.0B | 14.4B | 7.3B | |
Total Stockholder Equity | 11.1B | 11.3B | 13B | 18.5B | 1.9B | 1.8B | |
Other Liab | 5.6B | 8.1B | 7.3B | 8.3B | 9.6B | 10.1B | |
Net Tangible Assets | (14.7B) | (14.6B) | (21.1B) | (38.0B) | (34.2B) | (32.5B) | |
Property Plant And Equipment Net | 13.9B | 14.0B | 15.3B | 15.9B | 15.7B | 9.1B | |
Current Deferred Revenue | 1.4B | 1.5B | 1.4B | 1.2B | 481M | 881.6M | |
Net Debt | 20.4B | 21.0B | 26.5B | 47.9B | 42.3B | 44.4B | |
Accounts Payable | 16.5B | 3.0B | 3.7B | 4.1B | 4.2B | 5.1B | |
Cash | 2.0B | 2.7B | 2.6B | 2.9B | 3.3B | 1.8B | |
Non Current Assets Total | 38.9B | 41.7B | 49.6B | 71.6B | 67.5B | 70.9B | |
Non Currrent Assets Other | 201M | 272M | 297M | 245M | 8.4B | 8.9B | |
Other Assets | 2.5B | 3.2B | 3.4B | 8.9B | 10.2B | 10.7B | |
Long Term Debt | 21.3B | 23.2B | 27.5B | 46.7B | 39.5B | 41.5B | |
Cash And Short Term Investments | 2.0B | 2.7B | 2.6B | 2.9B | 3.8B | 2.0B | |
Net Receivables | 5.6B | 5.0B | 5.6B | 7.3B | 6.0B | 4.5B | |
Good Will | 5.2B | 5.2B | 8.6B | 15.5B | 14.1B | 14.8B | |
Short Term Investments | 734M | 1.4B | 1.4B | 1.4B | 587M | 740.4M | |
Liabilities And Stockholders Equity | 51.8B | 54.7B | 64.2B | 89.5B | 63.9B | 39.2B | |
Non Current Liabilities Total | 40.7B | 42.8B | 51.2B | 71.0B | 49.5B | 28.5B | |
Inventory | 5.3B | 5.3B | 6.4B | 7.7B | 3.7B | 3.4B | |
Other Current Assets | 719M | 650M | 872M | 1.1B | 956M | 673M | |
Other Stockholder Equity | (2.1B) | (2.0B) | (2.3B) | (2.2B) | (2.0B) | (1.9B) | |
Total Liab | 40.7B | 43.4B | 51.2B | 71.0B | 63.9B | 67.0B | |
Long Term Investments | 5.8B | 10.5B | 10.0B | 15.0B | 7.1B | 5.1B | |
Short Long Term Debt | 1.1B | 610M | 1.6B | 3.8B | 3.3B | 3.5B | |
Total Current Assets | 12.9B | 13.0B | 14.6B | 17.9B | 14.9B | 10.1B | |
Short Term Debt | 1.4B | 610M | 1.6B | 4.1B | 3.6B | 3.8B | |
Intangible Assets | 11.6B | 11.3B | 14.8B | 24.0B | 20.8B | 21.9B | |
Common Stock | 2.3B | 2.3B | 2.2B | 2.1B | 2.1B | 2.1B | |
Property Plant Equipment | 13.9B | 14.0B | 15.3B | 15.9B | 18.3B | 19.2B | |
Retained Earnings | (217M) | (235M) | 63M | 97M | 549M | 576.5M | |
Net Invested Capital | 24.5B | 25.7B | 31.3B | 48.1B | 44.7B | 30.1B | |
Net Working Capital | 1.8B | 2.4B | 13.0B | 1.4B | 530M | 503.5M |
Pair Trading with Brookfield Business
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 Brookfield Business 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 Brookfield Business will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookfield Stock
0.72 | PIC-A | Premium Income Split | PairCorr |
0.84 | FFH | Fairfax Financial | PairCorr |
0.62 | FFH-PC | Fairfax Fin Hld | PairCorr |
The ability to find closely correlated positions to Brookfield Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Business 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 Brookfield Business - 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 Brookfield Business Partners to buy it.
The correlation of Brookfield Business 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 Brookfield Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Business 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 Brookfield Business 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Business Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.