Brown Non Current Liabilities Total vs Short Term Debt Analysis
BF-A Stock | USD 41.03 0.88 2.19% |
Brown Forman financial indicator trend analysis is way more than just evaluating Brown Forman prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brown Forman is a good investment. Please check the relationship between Brown Forman Non Current Liabilities Total and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brown Forman. 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.
Non Current Liabilities Total vs Short Term Debt
Non Current Liabilities Total vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brown Forman Non Current Liabilities Total account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Brown Forman's Non Current Liabilities Total and Short Term Debt is 0.57. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Brown Forman, assuming nothing else is changed. The correlation between historical values of Brown Forman's Non Current Liabilities Total and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Brown Forman are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Current Liabilities Total i.e., Brown Forman's Non Current Liabilities Total and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Liabilities Total
Short Term Debt
Most indicators from Brown Forman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brown Forman 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 Brown Forman. 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 present, Brown Forman's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 32 B, whereas Selling General Administrative is forecasted to decline to about 678.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.4B | 2.5B | 2.5B | 1.6B | Total Revenue | 3.9B | 4.2B | 4.2B | 2.5B |
Brown Forman fundamental ratios Correlations
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Brown Forman Account Relationship Matchups
High Positive Relationship
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Brown Forman fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.8B | 6.5B | 6.4B | 7.8B | 8.2B | 8.6B | |
Short Long Term Debt Total | 2.6B | 2.6B | 2.3B | 2.9B | 3.1B | 3.3B | |
Other Current Liab | 30M | 487M | 464M | 497M | 435M | 456.8M | |
Total Current Liabilities | 881M | 918M | 1.0B | 1.1B | 1.6B | 1.6B | |
Total Stockholder Equity | 2.0B | 2.7B | 2.7B | 3.3B | 3.5B | 3.7B | |
Property Plant And Equipment Net | 848M | 832M | 875M | 1.0B | 1.1B | 1.1B | |
Net Debt | 1.9B | 1.4B | 1.4B | 2.5B | 2.7B | 2.8B | |
Retained Earnings | 2.7B | 3.2B | 3.2B | 3.6B | 4.3B | 4.5B | |
Cash | 675M | 1.2B | 868M | 374M | 446M | 272.5M | |
Non Current Assets Total | 2.5B | 2.6B | 2.6B | 4.0B | 4.1B | 4.3B | |
Non Currrent Assets Other | 206M | 272M | 318M | 282M | 324M | 142.6M | |
Cash And Short Term Investments | 675M | 1.2B | 868M | 374M | 446M | 279.4M | |
Net Receivables | 570M | 753M | 813M | 855M | 769M | 441.5M | |
Common Stock Shares Outstanding | 482.1M | 480.4M | 480.7M | 480.6M | 477.2M | 498.6M | |
Liabilities And Stockholders Equity | 5.8B | 6.5B | 6.4B | 7.8B | 8.2B | 8.6B | |
Non Current Liabilities Total | 2.9B | 2.9B | 2.6B | 3.4B | 3.1B | 3.2B | |
Inventory | 1.7B | 1.8B | 1.8B | 2.3B | 2.6B | 2.7B | |
Other Current Assets | 283M | 335M | 263M | 277M | 265M | 148.0M | |
Other Stockholder Equity | (258M) | (237M) | (225M) | (212M) | (595M) | (565.3M) | |
Total Liab | 3.8B | 3.9B | 3.6B | 4.5B | 4.6B | 4.9B | |
Total Current Assets | 3.3B | 3.9B | 3.8B | 3.8B | 4.0B | 4.2B | |
Accumulated Other Comprehensive Income | (547M) | (422M) | (352M) | (235M) | (221M) | (232.1M) | |
Short Term Debt | 150M | 333M | 225M | 257M | 752M | 789.6M | |
Intangible Assets | 635M | 676M | 586M | 1.2B | 990M | 542.5M | |
Accounts Payable | 518M | 172M | 218M | 308M | 267M | 323.6M | |
Property Plant And Equipment Gross | 848M | 832K | 1.7B | 1.9B | 1.9B | 2.0B | |
Good Will | 756M | 779M | 761M | 1.5B | 1.5B | 813.2M | |
Other Liab | 499M | 605M | 545M | 583M | 670.5M | 613.7M | |
Net Tangible Assets | 584M | 1.2B | 1.4B | 647M | 744.1M | 630.2M | |
Other Assets | 206M | 211M | 251M | 375M | 431.3M | 218.4M | |
Long Term Debt | 2.3B | 2.4B | 2.0B | 2.7B | 2.4B | 2.1B | |
Short Long Term Debt | 150M | 333M | 205M | 235M | 728M | 764.4M | |
Non Current Liabilities Other | 168M | 206M | 181M | 253M | 243M | 196.0M | |
Net Invested Capital | 4.6B | 2.6B | 2.3B | 2.9B | 6.6B | 4.2B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Brown Stock
Balance Sheet is a snapshot of the financial position of Brown Forman at a specified time, usually calculated after every quarter, six months, or one year. Brown Forman Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brown Forman 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 Brown currently owns. An asset can also be divided into two categories, current and non-current.