BBU Stock | | | USD 25.04 0.35 1.42% |
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 Days Payables Outstanding and its Book Value Per Share 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 bureau of labor statistics.
Days Payables Outstanding vs Book Value Per Share
Days Payables Outstanding vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brookfield Business Days Payables Outstanding account and
Book Value Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Brookfield Business' Days Payables Outstanding and Book Value Per Share is -0.62. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Book Value Per Share 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' Days Payables Outstanding and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Brookfield Business Partners are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Days Payables Outstanding i.e., Brookfield Business' Days Payables Outstanding and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Days Payables Outstanding
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
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 bureau of labor statistics.
At this time, Brookfield Business'
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.03 in 2024, whereas
Tax Provision is likely to drop slightly above 38.6
M in 2024.
Brookfield Business fundamental ratios Correlations
Click cells to compare fundamentals
Brookfield Business Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookfield Business fundamental ratios Accounts
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Additional Tools for Brookfield Stock Analysis
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measure Brookfield Business' 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 Brookfield Business is operating at the current time. Most of Brookfield Business' value examination focuses on studying past and present price action to
predict the probability of Brookfield Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Business' price. Additionally, you may evaluate how the addition of Brookfield Business to your portfolios can decrease your overall portfolio volatility.