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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 Ebitda and its Tax Provision 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brookfield Global Ebitda account and
Tax Provision. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Brookfield Global's Ebitda and Tax Provision is 0.13. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Tax Provision 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 Ebitda and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Brookfield Global Infrastructure are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Ebitda i.e., Brookfield Global's Ebitda and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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.
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.