BBU Stock | | | USD 23.56 0.60 2.48% |
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 Good Will and its Non Currrent Assets Other 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.
Good Will vs Non Currrent Assets Other
Good Will vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brookfield Business Good Will account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Brookfield Business' Good Will and Non Currrent Assets Other is 0.12. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Currrent Assets Other 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' Good Will and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Brookfield Business Partners are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Good Will i.e., Brookfield Business' Good Will and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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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