Brighthouse Tax Provision vs Extraordinary Items Analysis
BHFAL Stock | USD 24.75 0.34 1.39% |
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 Tax Provision and its Extraordinary Items 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.
Tax Provision vs Extraordinary Items
Tax Provision vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brighthouse Financial Tax Provision account and Extraordinary Items. At this time, the significance of the direction appears to have very week relationship.
The correlation between Brighthouse Financial's Tax Provision and Extraordinary Items is 0.2. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Extraordinary Items 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 Tax Provision and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Brighthouse Financial are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Tax Provision i.e., Brighthouse Financial's Tax Provision and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Extraordinary Items
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
Click cells to compare fundamentals
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.