Brookfield Days Sales Outstanding vs Ptb Ratio Analysis

BIP-UN Stock  CAD 49.01  0.31  0.63%   
Brookfield Infrastructure financial indicator trend analysis is way more than just evaluating Brookfield Infrastructure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Infrastructure is a good investment. Please check the relationship between Brookfield Infrastructure Days Sales Outstanding and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Infrastructure Partners. 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.

Days Sales Outstanding vs Ptb Ratio

Days Sales Outstanding vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Infrastructure Days Sales Outstanding account and Ptb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Brookfield Infrastructure's Days Sales Outstanding and Ptb Ratio is 0.0. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Brookfield Infrastructure Partners, assuming nothing else is changed. The correlation between historical values of Brookfield Infrastructure's Days Sales Outstanding and Ptb 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 Days Sales Outstanding of Brookfield Infrastructure Partners are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Days Sales Outstanding i.e., Brookfield Infrastructure's Days Sales Outstanding and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Days Sales Outstanding

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Brookfield Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Infrastructure 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 Infrastructure Partners. 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 Infrastructure's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.30, whereas Selling General Administrative is forecasted to decline to about 268.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.5B1.9B2.3B2.4B
Depreciation And Amortization2.0B2.2B2.7B2.9B

Brookfield Infrastructure fundamental ratios Correlations

0.890.990.530.99-0.970.951.00.630.930.980.630.991.00.770.790.990.990.96-0.080.830.980.95-0.230.950.8
0.890.90.690.84-0.860.890.90.360.780.840.580.920.880.520.750.840.890.86-0.270.680.880.88-0.460.760.82
0.990.90.490.99-0.960.970.990.650.940.980.550.980.990.790.730.990.990.97-0.160.770.990.97-0.190.960.76
0.530.690.490.42-0.580.510.58-0.280.280.40.730.630.51-0.10.780.420.550.490.090.590.440.53-0.740.30.74
0.990.840.990.42-0.960.940.980.710.950.990.560.970.990.840.731.00.980.95-0.080.80.990.95-0.090.970.73
-0.97-0.86-0.96-0.58-0.96-0.93-0.97-0.51-0.88-0.95-0.63-0.98-0.97-0.71-0.8-0.96-0.98-0.930.08-0.78-0.95-0.930.19-0.92-0.81
0.950.890.970.510.94-0.930.950.570.950.930.570.950.950.750.740.950.960.93-0.110.750.940.94-0.190.920.73
1.00.90.990.580.98-0.970.950.590.910.970.651.01.00.740.810.980.990.96-0.080.830.980.95-0.270.930.82
0.630.360.65-0.280.71-0.510.570.590.740.710.030.530.640.910.170.710.60.63-0.130.410.690.60.340.780.22
0.930.780.940.280.95-0.880.950.910.740.960.470.890.930.90.620.960.920.91-0.060.720.940.880.020.950.63
0.980.840.980.40.99-0.950.930.970.710.960.540.950.980.850.710.990.960.93-0.070.780.990.94-0.080.970.75
0.630.580.550.730.56-0.630.570.650.030.470.540.660.610.230.950.560.610.560.330.880.50.52-0.580.410.75
0.990.920.980.630.97-0.980.951.00.530.890.950.660.990.690.830.970.990.96-0.10.820.970.95-0.310.910.83
1.00.880.990.510.99-0.970.951.00.640.930.980.610.990.790.770.990.990.97-0.10.810.990.95-0.210.950.79
0.770.520.79-0.10.84-0.710.750.740.910.90.850.230.690.790.360.840.750.75-0.070.560.810.70.290.880.37
0.790.750.730.780.73-0.80.740.810.170.620.710.950.830.770.360.730.770.70.210.90.70.72-0.530.610.87
0.990.840.990.421.0-0.960.950.980.710.960.990.560.970.990.840.730.980.96-0.080.80.990.95-0.090.970.73
0.990.890.990.550.98-0.980.960.990.60.920.960.610.990.990.750.770.980.98-0.150.80.970.96-0.240.940.77
0.960.860.970.490.95-0.930.930.960.630.910.930.560.960.970.750.70.960.98-0.210.780.950.95-0.220.920.69
-0.08-0.27-0.160.09-0.080.08-0.11-0.08-0.13-0.06-0.070.33-0.1-0.1-0.070.21-0.08-0.15-0.210.19-0.15-0.150.13-0.10.11
0.830.680.770.590.8-0.780.750.830.410.720.780.880.820.810.560.90.80.80.780.190.730.75-0.360.680.69
0.980.880.990.440.99-0.950.940.980.690.940.990.50.970.990.810.70.990.970.95-0.150.730.95-0.140.970.77
0.950.880.970.530.95-0.930.940.950.60.880.940.520.950.950.70.720.950.960.95-0.150.750.95-0.150.930.74
-0.23-0.46-0.19-0.74-0.090.19-0.19-0.270.340.02-0.08-0.58-0.31-0.210.29-0.53-0.09-0.24-0.220.13-0.36-0.14-0.150.04-0.51
0.950.760.960.30.97-0.920.920.930.780.950.970.410.910.950.880.610.970.940.92-0.10.680.970.930.040.66
0.80.820.760.740.73-0.810.730.820.220.630.750.750.830.790.370.870.730.770.690.110.690.770.74-0.510.66
Click cells to compare fundamentals

Brookfield Infrastructure Account Relationship Matchups

Brookfield Infrastructure fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.3B61.3B74.0B73.0B100.8B105.8B
Other Current Liab2.7B1.9B2.9B2.5B2.5B2.6B
Total Current Liabilities5.4B5.5B8.7B8.4B11.7B12.3B
Total Stockholder Equity22.2B21.7B26.4B25.6B6.2B10.9B
Net Debt20.2B22.3B27.8B32.5B47.9B50.3B
Retained Earnings(1.4B)(2.3B)(2.1B)(2.7B)(3.2B)(3.1B)
Cash827M867M1.4B1.3B1.6B1.7B
Non Current Assets Total55.5B60.5B72.6B71.7B92.8B97.4B
Non Currrent Assets Other416M269M439M465M8.0B8.4B
Cash And Short Term Investments827M867M1.4B1.3B2.4B2.6B
Net Receivables1.8B1.5B1.9B2.3B3.7B3.9B
Common Stock Shares Outstanding428.4M443.1M479.3M442.1M459.4M348.8M
Liabilities And Stockholders Equity56.3B61.3B74.0B73.0B66.8B70.1B
Non Current Liabilities Total34.1B39.7B47.6B47.4B55.1B57.8B
Total Liab34.1B39.7B47.6B47.4B66.8B70.1B
Total Current Assets827M867M1.4B1.3B8.0B8.4B
Common Stock5.5B5.5B6.1B6.1B6.2B4.8B
Short Long Term Debt Total21.0B23.2B29.3B33.8B49.6B52.1B
Property Plant And Equipment Net23.0B32.1B39.3B38.0B48.5B51.0B
Accounts Payable854M1.5B1.9B1.9B2.3B2.4B
Other Stockholder Equity983M992M1.8B1.9B2.2B2.9B
Accumulated Other Comprehensive Income16.2B16.3B19.6B19.3B2.4B2.3B
Current Deferred Revenue307M256M338M460M490M514.5M
Good Will6.6B6.6B9.0B8.8B14.5B15.2B
Inventory242M221M400M531M512M537.6M
Other Current Assets(2.0B)(1.8B)(2.3B)315M1.0B1.1B
Short Term Debt1.6B1.9B3.5B3.6B6.5B6.8B
Intangible Assets14.4B11.8B14.2B11.8B15.8B9.1B
Short Term Investments167M574M556M1.1B801M841.1M
Other Liab7.2B8.5B9.2B8.7B10.0B5.8B
Net Tangible Assets(15.9B)(14.2B)(17.5B)(15.2B)(13.7B)(13.0B)
Other Assets899M1.7B2.0B2.4B2.8B2.9B
Long Term Debt19.6B23.2B29.3B30.2B39.9B41.9B
Long Term Investments5.1B6.0B5.2B6.1B5.8B5.3B
Short Long Term Debt1.4B1.7B3.1B3.2B6.1B6.4B
Property Plant Equipment23.0B31.6B38.7B37.3B42.9B45.0B
Non Current Liabilities Other752M3.4B3.2B2.1B2.6B1.8B
Net Invested Capital27.0B28.8B36.1B36.6B52.2B34.1B
Net Working Capital402M(1.8B)(3.8B)(1.7B)(3.7B)(3.5B)

Pair Trading with Brookfield Infrastructure

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 Infrastructure 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 Infrastructure will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brookfield Stock

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The ability to find closely correlated positions to Brookfield Infrastructure 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 Infrastructure 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 Infrastructure - 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 Infrastructure Partners to buy it.
The correlation of Brookfield Infrastructure 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 Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Infrastructure 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 Infrastructure 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.
Pair CorrelationCorrelation Matching
When determining whether Brookfield Infrastructure is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Brookfield Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Brookfield Infrastructure Partners Stock. Highlighted below are key reports to facilitate an investment decision about Brookfield Infrastructure Partners Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Infrastructure Partners. 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.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Please note, there is a significant difference between Brookfield Infrastructure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Infrastructure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Infrastructure'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.