Brown Change To Account Receivables vs Change In Cash Analysis
BF-B Stock | USD 41.37 0.68 1.67% |
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 Change To Account Receivables and its Change In Cash 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.
Change To Account Receivables vs Change In Cash
Change To Account Receivables vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brown Forman Change To Account Receivables account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brown Forman's Change To Account Receivables and Change In Cash is -0.08. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change In Cash 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 Change To Account Receivables and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Brown Forman are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Change To Account Receivables i.e., Brown Forman's Change To Account Receivables and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Account Receivables
Change In Cash
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 505.2 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
High Negative Relationship
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 | |
Property Plant And Equipment Gross | 848M | 832M | 1.7B | 1.9B | 1.9B | 2.0B | |
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 | |
Good Will | 756M | 779M | 761M | 1.5B | 1.5B | 1.5B | |
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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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.