Brighthouse Good Will vs Short Term Investments Analysis
BHFAL Stock | USD 24.41 0.14 0.58% |
Brighthouse Financial financial indicator trend analysis is way more than just evaluating Brighthouse Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brighthouse Financial is a good investment. Please check the relationship between Brighthouse Financial Good Will and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brighthouse Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Brighthouse Stock please use our How to buy in Brighthouse Stock guide.
Good Will vs Short Term Investments
Good Will vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brighthouse Financial Good Will account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Brighthouse Financial's Good Will and Short Term Investments is -0.46. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Brighthouse Financial, assuming nothing else is changed. The correlation between historical values of Brighthouse Financial's Good Will and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Brighthouse Financial are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Good Will i.e., Brighthouse Financial's Good Will and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Short Term Investments
Short Term Investments is an item under the current assets section of Brighthouse Financial balance sheet. It contains any investments Brighthouse Financial undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Brighthouse Financial can easily liquidate in the marketplace.Most indicators from Brighthouse Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brighthouse Financial 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 Brighthouse Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Brighthouse Stock please use our How to buy in Brighthouse Stock guide.At this time, Brighthouse Financial's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 3.52 this year, although the value of Selling General Administrative will most likely fall to about 656.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.1B | 8.5B | 4.1B | 5.9B | Total Revenue | 7.1B | 8.5B | 4.1B | 5.9B |
Brighthouse Financial fundamental ratios Correlations
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Brighthouse Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brighthouse Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 227.3B | 247.9B | 259.8B | 225.7B | 237.2B | 254.0B | |
Total Current Liabilities | 17M | 126M | 62M | 38M | 3.7B | 3.9B | |
Total Stockholder Equity | 16.2B | 18.0B | 16.1B | 5.5B | 4.9B | 4.7B | |
Property Plant And Equipment Net | 74.7B | 87.6B | 93.3B | 189.2B | 217.6B | 228.5B | |
Net Debt | 1.5B | (672M) | (1.3B) | (959M) | (695M) | (660.3M) | |
Cash | 2.9B | 4.1B | 4.5B | 4.1B | 3.9B | 3.7B | |
Non Current Assets Total | 76.0B | 89.2B | 94.3B | 1.6B | 17M | 16.2M | |
Non Currrent Assets Other | (76.0B) | (89.2B) | (94.3B) | (82.1B) | (14.0B) | (14.7B) | |
Other Assets | 60.4B | 52.7B | 55.4B | 125.1B | 208.4B | 218.8B | |
Long Term Debt | 4.0B | 4.4B | 3.4B | 3.2B | 3.6B | 3.7B | |
Cash And Short Term Investments | 76.0B | 89.8B | 94.0B | 80.8B | 3.9B | 3.7B | |
Net Receivables | 14.8B | 16.2B | 16.1B | 19.3B | 19.8B | 18.4B | |
Common Stock Shares Outstanding | 112.5M | 95.4M | 83.8M | 73.6M | 66.0M | 82.9M | |
Short Term Investments | 73.1B | 85.7B | 89.5B | 76.7B | 4.0B | 3.8B | |
Non Current Liabilities Total | 5.7B | 5.1B | 4.2B | 219.5B | 228.5B | 240.0B | |
Other Stockholder Equity | 12.3B | 12.8B | 12.6B | 12.0B | 11.7B | 13.0B | |
Total Liab | 5.7B | 5.1B | 4.2B | 220.2B | 232.2B | 120.0B | |
Total Current Assets | 90.8B | 106.0B | 110.1B | 99.0B | 28.8B | 27.4B | |
Intangible Assets | 502M | 504M | 530M | 587M | 4.9B | 5.1B | |
Short Long Term Debt Total | 4.4B | 3.4B | 3.2B | 3.2B | 2.8B | 2.7B | |
Long Term Debt Total | 4.0B | 4.4B | 3.4B | 3.2B | 3.6B | 3.5B | |
Liabilities And Stockholders Equity | 227.3B | 247.9B | 259.8B | 225.7B | 237.2B | 253.9B | |
Accumulated Other Comprehensive Income | 3.2B | 5.7B | 4.2B | (5.9B) | (5.2B) | (5.0B) | |
Retained Earnings | 585M | (534M) | (642M) | (637M) | (1.5B) | (1.4B) | |
Capital Surpluse | 12.5B | 12.9B | 13.9B | 14.2B | 16.3B | 14.5B |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brighthouse Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Brighthouse Stock please use our How to buy in Brighthouse Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brighthouse Financial. If investors know Brighthouse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brighthouse Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Brighthouse Financial is measured differently than its book value, which is the value of Brighthouse that is recorded on the company's balance sheet. Investors also form their own opinion of Brighthouse Financial's value that differs from its market value or its book value, called intrinsic value, which is Brighthouse Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brighthouse Financial's market value can be influenced by many factors that don't directly affect Brighthouse Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brighthouse Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brighthouse Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brighthouse Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.