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 Total Assets and its Good Will 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.
Total Assets vs Good Will
Total Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brookfield Business Total Assets account and
Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brookfield Business' Total Assets and Good Will is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Good Will 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' Total Assets and Good Will 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 Assets of Brookfield Business Partners are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Assets i.e., Brookfield Business' Total Assets and Good Will go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Brookfield Business assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Brookfield Business books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.
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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