Brown Other Stockholder Equity vs Accounts Payable Analysis

BF-B Stock  USD 40.69  0.39  0.97%   
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 Other Stockholder Equity and its Accounts Payable 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.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brown Forman Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Brown Forman's Other Stockholder Equity and Accounts Payable is -0.36. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable 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 Other Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Brown Forman are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Brown Forman's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Brown Forman obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Brown Forman are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Profit2.4B2.5B2.5B1.6B
Total Revenue3.9B4.2B4.2B2.5B

Brown Forman fundamental ratios Correlations

0.910.630.910.910.970.830.660.440.970.760.450.69-0.690.910.980.220.150.960.920.980.720.61-0.050.92-0.49
0.910.620.850.670.970.960.490.360.880.820.370.62-0.650.980.940.270.130.990.810.90.70.50.160.81-0.37
0.630.620.630.550.610.560.440.320.60.580.320.46-0.210.580.65-0.070.030.620.70.630.510.33-0.360.590.01
0.910.850.630.810.910.810.740.250.910.590.260.5-0.570.770.920.21-0.080.880.870.870.930.430.030.87-0.4
0.910.670.550.810.80.560.670.450.90.560.450.59-0.550.680.870.060.20.750.880.880.620.6-0.310.88-0.46
0.970.970.610.910.80.910.620.390.950.80.390.68-0.720.960.980.310.10.990.890.960.740.570.110.87-0.48
0.830.960.560.810.560.910.450.080.860.680.080.49-0.570.920.880.230.050.930.770.770.720.50.280.82-0.3
0.660.490.440.740.670.620.450.20.670.330.20.46-0.660.480.60.46-0.590.580.560.620.690.440.040.62-0.65
0.440.360.320.250.450.390.080.20.250.681.00.61-0.440.430.370.280.290.40.280.610.060.16-0.290.11-0.32
0.970.880.60.910.90.950.860.670.250.650.250.6-0.640.870.970.160.110.920.920.90.750.66-0.020.98-0.46
0.760.820.580.590.560.80.680.330.680.650.680.84-0.60.860.740.430.240.820.650.830.380.590.020.54-0.32
0.450.370.320.260.450.390.080.21.00.250.680.61-0.440.430.370.270.290.40.280.620.060.16-0.290.11-0.32
0.690.620.460.50.590.680.490.460.610.60.840.61-0.770.710.610.620.080.680.580.730.220.760.070.5-0.63
-0.69-0.65-0.21-0.57-0.55-0.72-0.57-0.66-0.44-0.64-0.6-0.44-0.77-0.73-0.6-0.760.22-0.72-0.46-0.71-0.37-0.55-0.39-0.50.93
0.910.980.580.770.680.960.920.480.430.870.860.430.71-0.730.910.340.160.980.780.910.570.570.180.78-0.46
0.980.940.650.920.870.980.880.60.370.970.740.370.61-0.60.910.130.180.960.940.950.760.56-0.060.93-0.37
0.220.27-0.070.210.060.310.230.460.280.160.430.270.62-0.760.340.13-0.490.320.010.270.120.40.640.02-0.76
0.150.130.03-0.080.20.10.05-0.590.290.110.240.290.080.220.160.18-0.490.10.220.18-0.220.06-0.360.130.32
0.960.990.620.880.750.990.930.580.40.920.820.40.68-0.720.980.960.320.10.850.940.710.560.140.85-0.46
0.920.810.70.870.880.890.770.560.280.920.650.280.58-0.460.780.940.010.220.850.870.70.55-0.20.91-0.26
0.980.90.630.870.880.960.770.620.610.90.830.620.73-0.710.910.950.270.180.940.870.660.53-0.070.82-0.5
0.720.70.510.930.620.740.720.690.060.750.380.060.22-0.370.570.760.12-0.220.710.70.660.230.060.73-0.22
0.610.50.330.430.60.570.50.440.160.660.590.160.76-0.550.570.560.40.060.560.550.530.230.010.68-0.47
-0.050.16-0.360.03-0.310.110.280.04-0.29-0.020.02-0.290.07-0.390.18-0.060.64-0.360.14-0.2-0.070.060.01-0.1-0.4
0.920.810.590.870.880.870.820.620.110.980.540.110.5-0.50.780.930.020.130.850.910.820.730.68-0.1-0.34
-0.49-0.370.01-0.4-0.46-0.48-0.3-0.65-0.32-0.46-0.32-0.32-0.630.93-0.46-0.37-0.760.32-0.46-0.26-0.5-0.22-0.47-0.4-0.34
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Brown Forman Account Relationship Matchups

Brown Forman fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B6.5B6.4B7.8B8.2B8.6B
Short Long Term Debt Total2.6B2.6B2.3B2.9B3.1B3.3B
Other Current Liab30M487M464M497M435M456.8M
Total Current Liabilities881M918M1.0B1.1B1.6B1.6B
Total Stockholder Equity2.0B2.7B2.7B3.3B3.5B3.7B
Property Plant And Equipment Net848M832M875M1.0B1.1B1.1B
Net Debt1.9B1.4B1.4B2.5B2.7B2.8B
Retained Earnings2.7B3.2B3.2B3.6B4.3B4.5B
Cash675M1.2B868M374M446M272.5M
Non Current Assets Total2.5B2.6B2.6B4.0B4.1B4.3B
Non Currrent Assets Other206M272M318M282M324M142.6M
Cash And Short Term Investments675M1.2B868M374M446M279.4M
Net Receivables570M753M813M855M769M441.5M
Common Stock Shares Outstanding482.1M480.4M480.7M480.6M477.2M498.6M
Liabilities And Stockholders Equity5.8B6.5B6.4B7.8B8.2B8.6B
Non Current Liabilities Total2.9B2.9B2.6B3.4B3.1B3.2B
Inventory1.7B1.8B1.8B2.3B2.6B2.7B
Other Current Assets283M335M263M277M265M148.0M
Other Stockholder Equity(258M)(237M)(225M)(212M)(595M)(565.3M)
Total Liab3.8B3.9B3.6B4.5B4.6B4.9B
Property Plant And Equipment Gross848M832M1.7B1.9B1.9B2.0B
Total Current Assets3.3B3.9B3.8B3.8B4.0B4.2B
Accumulated Other Comprehensive Income(547M)(422M)(352M)(235M)(221M)(232.1M)
Short Term Debt150M333M225M257M752M789.6M
Intangible Assets635M676M586M1.2B990M542.5M
Accounts Payable518M172M218M308M267M323.6M
Good Will756M779M761M1.5B1.5B1.5B
Other Liab499M605M545M583M670.5M613.7M
Net Tangible Assets584M1.2B1.4B647M744.1M630.2M
Other Assets206M211M251M375M431.3M218.4M
Long Term Debt2.3B2.4B2.0B2.7B2.4B2.1B
Short Long Term Debt150M333M205M235M728M764.4M
Non Current Liabilities Other168M206M181M253M243M196.0M
Net Invested Capital4.6B2.6B2.3B2.9B6.6B4.2B

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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.