BBU Stock | | | USD 24.69 0.00 0.00% |
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 Retained Earnings and its Intangible Assets 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.
Retained Earnings vs Intangible Assets
Retained Earnings vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brookfield Business Retained Earnings account and
Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Brookfield Business' Retained Earnings and Intangible Assets is 0.56. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets 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' Retained Earnings and Intangible 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 Retained Earnings of Brookfield Business Partners are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., Brookfield Business' Retained Earnings and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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
When running Brookfield Business' price analysis, check to
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.