Brookfield Historical Balance Sheet

BEPC Stock  CAD 45.89  0.07  0.15%   
Trend analysis of Brookfield Renewable Corp balance sheet accounts such as Total Assets of 38 B, Short and Long Term Debt Total of 12.4 B or Other Current Liab of 5.4 B provides information on Brookfield Renewable's total assets, liabilities, and equity, which is the actual value of Brookfield Renewable Corp to its prevalent stockholders. By breaking down trends over time using Brookfield Renewable balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Brookfield Renewable Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Brookfield Renewable Corp is a good buy for the upcoming year.

Brookfield Renewable Inventory

57.6 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Brookfield Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Brookfield Renewable Corp at a specified time, usually calculated after every quarter, six months, or one year. Brookfield Renewable Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brookfield Renewable and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Brookfield currently owns. An asset can also be divided into two categories, current and non-current.

Brookfield Renewable Balance Sheet Chart

At this time, Brookfield Renewable's Current Deferred Revenue is very stable compared to the past year.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Brookfield Renewable balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Brookfield Renewable Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 accounts from Brookfield Renewable's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Brookfield Renewable Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Renewable Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Brookfield Renewable's Current Deferred Revenue is very stable compared to the past year.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total13.5B15.1B16.6B12.4B
Total Assets42.0B43.3B49.4B38.0B

Brookfield Renewable balance sheet Correlations

-0.88-0.89-0.53-0.78-0.2-0.91-0.33-0.87-0.88-0.77-0.9-0.87-0.38-0.8-0.9-0.93-0.46-0.930.580.5-0.93-0.9-0.910.99-0.89
-0.881.00.520.790.580.980.641.01.00.610.931.00.510.810.930.920.390.98-0.16-0.290.990.940.95-0.840.98
-0.891.00.480.780.540.980.650.991.00.630.951.00.490.810.950.920.430.99-0.19-0.30.990.940.94-0.850.99
-0.530.520.480.720.240.530.330.520.50.080.380.510.70.560.380.49-0.220.5-0.02-0.660.540.520.65-0.50.5
-0.780.790.780.720.40.770.50.780.780.210.70.780.860.930.70.740.220.76-0.32-0.510.80.80.83-0.760.75
-0.20.580.540.240.40.450.780.580.56-0.050.470.580.420.490.470.450.270.440.470.010.440.530.47-0.10.45
-0.910.980.980.530.770.450.650.970.990.650.950.970.460.810.950.940.410.98-0.23-0.420.990.960.97-0.880.99
-0.330.640.650.330.50.780.650.630.670.010.650.640.470.660.650.590.390.530.37-0.340.560.680.63-0.260.64
-0.871.00.990.520.780.580.970.630.990.610.921.00.510.790.920.910.370.98-0.15-0.270.980.930.94-0.830.97
-0.881.01.00.50.780.560.990.670.990.610.941.00.50.820.940.920.420.98-0.16-0.320.990.950.95-0.840.99
-0.770.610.630.080.21-0.050.650.010.610.610.710.61-0.260.30.710.70.490.72-0.52-0.180.670.590.57-0.780.65
-0.90.930.950.380.70.470.950.650.920.940.710.920.310.841.00.970.670.94-0.33-0.460.930.960.91-0.870.94
-0.871.01.00.510.780.580.970.641.01.00.610.920.510.80.920.910.380.98-0.15-0.280.980.940.95-0.830.97
-0.380.510.490.70.860.420.460.470.510.5-0.260.310.510.690.310.33-0.170.420.05-0.280.480.450.53-0.350.46
-0.80.810.810.560.930.490.810.660.790.820.30.840.80.690.840.850.550.77-0.36-0.590.80.890.85-0.770.79
-0.90.930.950.380.70.470.950.650.920.940.711.00.920.310.840.970.670.94-0.33-0.460.930.960.91-0.870.94
-0.930.920.920.490.740.450.940.590.910.920.70.970.910.330.850.970.60.93-0.39-0.550.930.980.95-0.90.91
-0.460.390.43-0.220.220.270.410.390.370.420.490.670.38-0.170.550.670.60.41-0.43-0.330.370.530.35-0.450.4
-0.930.980.990.50.760.440.980.530.980.980.720.940.980.420.770.940.930.41-0.27-0.320.990.930.94-0.910.98
0.58-0.16-0.19-0.02-0.320.47-0.230.37-0.15-0.16-0.52-0.33-0.150.05-0.36-0.33-0.39-0.43-0.270.36-0.28-0.3-0.270.63-0.2
0.5-0.29-0.3-0.66-0.510.01-0.42-0.34-0.27-0.32-0.18-0.46-0.28-0.28-0.59-0.46-0.55-0.33-0.320.36-0.35-0.53-0.520.49-0.35
-0.930.990.990.540.80.440.990.560.980.990.670.930.980.480.80.930.930.370.99-0.28-0.350.950.96-0.910.98
-0.90.940.940.520.80.530.960.680.930.950.590.960.940.450.890.960.980.530.93-0.3-0.530.950.98-0.860.93
-0.910.950.940.650.830.470.970.630.940.950.570.910.950.530.850.910.950.350.94-0.27-0.520.960.98-0.870.95
0.99-0.84-0.85-0.5-0.76-0.1-0.88-0.26-0.83-0.84-0.78-0.87-0.83-0.35-0.77-0.87-0.9-0.45-0.910.630.49-0.91-0.86-0.87-0.87
-0.890.980.990.50.750.450.990.640.970.990.650.940.970.460.790.940.910.40.98-0.2-0.350.980.930.95-0.87
Click cells to compare fundamentals

Brookfield Renewable Account Relationship Matchups

Brookfield Renewable balance sheet Accounts

201920202021202220232024 (projected)
Total Assets35.8B39.5B42.0B43.3B49.4B38.0B
Short Long Term Debt Total12.3B13.7B13.5B15.1B16.6B12.4B
Other Current Liab125M(916M)6.4B(1.3B)5.2B5.4B
Total Current Liabilities1.4B3.3B3.1B3.0B8.3B8.8B
Total Stockholder Equity7.3B1.2B3.7B5.9B5.8B5.3B
Other Liab4.8B5.5B6.4B6.5B7.4B4.8B
Net Tangible Assets6.2B(26M)2.6B4.9B5.7B3.1B
Property Plant And Equipment Net32.6B36.1B37.9B37.8B44.0B34.1B
Net Debt12.0B12.5B13.1B14.5B16.1B11.9B
Accounts Payable118M3.3B3.1B3.0B184M174.8M
Cash304M355M410M642M441M364.7M
Non Current Assets Total34.4B37.8B39.6B40.1B46.1B35.9B
Non Currrent Assets Other193M79M57M(70M)478M501.9M
Other Assets197M217M241M652M749.8M787.3M
Cash And Short Term Investments304M355M410M642M441M364.7M
Net Receivables720M1.3B2.0B2.6B2.1B1.5B
Good Will949M970M849M1.8B854M1.1B
Liabilities And Stockholders Equity35.8B39.5B42.0B43.3B49.4B38.0B
Non Current Liabilities Total16.5B24.5B24.7B23.4B24.0B19.6B
Other Current Assets137M45M83M53M76M65.9M
Other Stockholder Equity5.9B7.0B(4.8B)(3.2B)(3.5B)(3.3B)
Total Liab17.9B27.7B27.8B26.5B32.3B22.8B
Total Current Assets1.4B1.7B2.4B3.2B3.3B2.1B
Accumulated Other Comprehensive Income5.9B7.0B8.5B9.1B9.3B7.3B
Short Term Debt623M916M1.5B1.3B1.9B1.1B
Common Stock2.0B1.5B(5.8B)(4.8B)(4.4B)(4.1B)
Property Plant Equipment32.6B36.1B37.9B37.8B43.5B29.4B
Current Deferred Revenue558M(8.5B)(7.9B)1.1B960.3M1.0B
Long Term Debt5.5B12.8B13.5B13.8B14.2B11.9B
Capital Lease Obligations66M392M371M364M501M310.6M
Inventory202M22M20M18M65M57.6M
Net Invested Capital13.4B14.0B17.2B19.7B21.9B18.2B
Long Term Investments348M372M455M451M644M469.5M
Short Long Term Debt156M886M1.5B1.3B1.9B1.1B
Non Current Liabilities Other44M7.4B6.2B4.4B94M89.3M
Net Working Capital132M(8.4B)(700M)187M(5.0B)(4.8B)

Pair Trading with Brookfield Renewable

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 Renewable 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 Renewable will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Brookfield Renewable 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 Renewable 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 Renewable - 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 Renewable Corp to buy it.
The correlation of Brookfield Renewable 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 Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Renewable Corp 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 Renewable 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.
Pair CorrelationCorrelation Matching
When determining whether Brookfield Renewable Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookfield Renewable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brookfield Renewable Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brookfield Renewable Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Please note, there is a significant difference between Brookfield Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Renewable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.