Brookfield Book Value Per Share vs Price To Sales Ratio Analysis
| BGI-UN Stock | CAD 5.03 0.04 0.79% |
Brookfield Global financial indicator trend analysis is way more than just evaluating Brookfield Global prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Global is a good investment. Please check the relationship between Brookfield Global Book Value Per Share and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Global Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Book Value Per Share vs Price To Sales Ratio
Book Value Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Global Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Brookfield Global's Book Value Per Share and Price To Sales Ratio is 0.22. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Brookfield Global Infrastructure, assuming nothing else is changed. The correlation between historical values of Brookfield Global's Book Value Per Share and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Brookfield Global Infrastructure are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Book Value Per Share i.e., Brookfield Global's Book Value Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Brookfield Global stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Brookfield Global sales, a figure that is much harder to manipulate than other Brookfield Global Infrastructure multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Brookfield Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Global 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 Global Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Brookfield Global's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 14.25, whereas Selling General Administrative is forecasted to decline to about 332.8 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 236.6K | 228.5K | 1.7M | 1.8M | Income Tax Expense | 582.3K | 531.5K | 20.1K | 19.1K |
Brookfield Global fundamental ratios Correlations
Click cells to compare fundamentals
Brookfield Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookfield Global fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 158.3M | 97.3M | 103.8M | 105.1M | 90.0M | 177.9M | |
| Short Long Term Debt Total | 45.6M | 21.5M | 21.3M | 22.9M | 17.6M | 16.8M | |
| Other Current Liab | (2.7M) | (2.8M) | (2.9M) | (3.0M) | (2.8M) | (2.9M) | |
| Total Current Liabilities | 2.7M | 2.8M | 2.9M | 3.0M | 2.8M | 3.2M | |
| Total Stockholder Equity | 110.0M | 73.0M | 79.6M | 79.2M | 69.7M | 122.1M | |
| Net Debt | 44.1M | 19.1M | 19.1M | 18.5M | (488.8K) | (464.4K) | |
| Accounts Payable | 2.7M | 2.8M | 2.9M | 3.0M | 2.8M | 3.2M | |
| Cash | 1.4M | 2.4M | 2.2M | 4.4M | 488.8K | 464.4K | |
| Non Current Assets Total | 156.0M | 94.4M | 101.3M | 100.3M | 89.1M | 159.0M | |
| Non Currrent Assets Other | (156.0M) | (94.4M) | (101.3M) | (100.3M) | (89.1M) | (93.6M) | |
| Cash And Short Term Investments | 1.4M | 2.4M | 2.2M | 4.4M | 89.6M | 94.1M | |
| Net Receivables | 812.7K | 481.2K | 409.2K | 367.0K | 446.9K | 424.5K | |
| Common Stock Shares Outstanding | 17.1M | 16.1M | 16.2M | 17.3M | 17.4M | 18.2M | |
| Liabilities And Stockholders Equity | 158.3M | 97.3M | 103.8M | 105.1M | 90.0M | 177.9M | |
| Non Current Liabilities Total | 45.6M | 21.5M | 21.3M | 22.9M | 17.6M | 16.8M | |
| Other Stockholder Equity | 110.0M | 73.0M | 79.6M | 79.2M | 69.7M | 122.1M | |
| Total Liab | 48.3M | 24.3M | 24.2M | 25.9M | 20.4M | 19.4M | |
| Total Current Assets | 2.2M | 2.9M | 2.6M | 4.8M | 935.7K | 888.9K | |
| Current Deferred Revenue | (42.9M) | (18.7M) | (18.4M) | (19.9M) | (14.9M) | (15.6M) | |
| Short Term Investments | 156.0M | 94.4M | 101.3M | 100.3M | 89.1M | 99.9M | |
| Inventory | 158.3M | 97.3M | 103.8M | 105.1M | 90.0M | 102.2M | |
| Other Current Assets | (314.3M) | (191.7M) | (205.1M) | (205.5M) | (179.2M) | (188.1M) | |
| Long Term Investments | 156.0M | 94.4M | 101.3M | 100.3M | 89.1M | 99.9M | |
| Short Term Debt | 45.6M | 21.5M | 21.3M | 22.9M | 17.6M | 25.8M |
Pair Trading with Brookfield Global
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 Global 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 Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookfield Stock
| 0.8 | PSLV | Sprott Physical Silver | PairCorr |
| 0.83 | CEF | Sprott Physical Gold | PairCorr |
| 0.81 | PHYS | Sprott Physical Gold | PairCorr |
| 0.69 | SPPP | Sprott Physical Platinum | PairCorr |
The ability to find closely correlated positions to Brookfield Global 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 Global 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 Global - 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 Global Infrastructure to buy it.
The correlation of Brookfield Global 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 Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Global 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 Global 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.Other Information on Investing in Brookfield Stock
Balance Sheet is a snapshot of the financial position of Brookfield Global at a specified time, usually calculated after every quarter, six months, or one year. Brookfield Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brookfield Global 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.