Brookfield Short Long Term Debt Total vs Total Assets Analysis
BIP-UN Stock | CAD 48.56 0.11 0.23% |
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 Short Long Term Debt Total and its Total Assets 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.
Short Long Term Debt Total vs Total Assets
Short Long Term Debt Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Infrastructure Short Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Brookfield Infrastructure's Short Long Term Debt Total and Total Assets is 0.99. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Assets 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 Short Long Term Debt Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Brookfield Infrastructure Partners are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Long Term Debt Total i.e., Brookfield Infrastructure's Short Long Term Debt Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Long Term Debt Total
Total Assets
Total assets refers to the total amount of Brookfield Infrastructure assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Brookfield Infrastructure books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 9.59, whereas Selling General Administrative is forecasted to decline to about 268.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.5B | 1.9B | 2.3B | 2.4B | Depreciation And Amortization | 2.0B | 2.2B | 2.7B | 2.9B |
Brookfield Infrastructure fundamental ratios Correlations
Click cells to compare fundamentals
Brookfield Infrastructure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookfield Infrastructure fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 56.3B | 61.3B | 74.0B | 73.0B | 100.8B | 105.8B | |
Other Current Liab | 2.7B | 1.9B | 2.9B | 2.5B | 2.5B | 2.6B | |
Total Current Liabilities | 5.4B | 5.5B | 8.7B | 8.4B | 11.7B | 12.3B | |
Total Stockholder Equity | 22.2B | 21.7B | 26.4B | 25.6B | 6.2B | 10.9B | |
Net Debt | 20.2B | 22.3B | 27.8B | 32.5B | 47.9B | 50.3B | |
Retained Earnings | (1.4B) | (2.3B) | (2.1B) | (2.7B) | (3.2B) | (3.1B) | |
Cash | 827M | 867M | 1.4B | 1.3B | 1.6B | 1.7B | |
Non Current Assets Total | 55.5B | 60.5B | 72.6B | 71.7B | 92.8B | 97.4B | |
Non Currrent Assets Other | 416M | 269M | 439M | 465M | 8.0B | 8.4B | |
Cash And Short Term Investments | 827M | 867M | 1.4B | 1.3B | 2.4B | 2.6B | |
Net Receivables | 1.8B | 1.5B | 1.9B | 2.3B | 3.7B | 3.9B | |
Common Stock Shares Outstanding | 428.4M | 443.1M | 479.3M | 442.1M | 459.4M | 348.8M | |
Liabilities And Stockholders Equity | 56.3B | 61.3B | 74.0B | 73.0B | 66.8B | 70.1B | |
Non Current Liabilities Total | 34.1B | 39.7B | 47.6B | 47.4B | 55.1B | 57.8B | |
Total Liab | 34.1B | 39.7B | 47.6B | 47.4B | 66.8B | 70.1B | |
Total Current Assets | 827M | 867M | 1.4B | 1.3B | 8.0B | 8.4B | |
Common Stock | 5.5B | 5.5B | 6.1B | 6.1B | 6.2B | 4.8B | |
Short Long Term Debt Total | 21.0B | 23.2B | 29.3B | 33.8B | 49.6B | 52.1B | |
Property Plant And Equipment Net | 23.0B | 32.1B | 39.3B | 38.0B | 48.5B | 51.0B | |
Accounts Payable | 854M | 1.5B | 1.9B | 1.9B | 2.3B | 2.4B | |
Other Stockholder Equity | 983M | 992M | 1.8B | 1.9B | 2.2B | 2.9B | |
Accumulated Other Comprehensive Income | 16.2B | 16.3B | 19.6B | 19.3B | 2.4B | 2.3B | |
Current Deferred Revenue | 307M | 256M | 338M | 460M | 490M | 514.5M | |
Good Will | 6.6B | 6.6B | 9.0B | 8.8B | 14.5B | 15.2B | |
Inventory | 242M | 221M | 400M | 531M | 512M | 537.6M | |
Other Current Assets | (2.0B) | (1.8B) | (2.3B) | 315M | 1.0B | 1.1B | |
Short Term Debt | 1.6B | 1.9B | 3.5B | 3.6B | 6.5B | 6.8B | |
Intangible Assets | 14.4B | 11.8B | 14.2B | 11.8B | 15.8B | 9.1B | |
Short Term Investments | 167M | 574M | 556M | 1.1B | 801M | 841.1M | |
Other Liab | 7.2B | 8.5B | 9.2B | 8.7B | 10.0B | 5.8B | |
Net Tangible Assets | (15.9B) | (14.2B) | (17.5B) | (15.2B) | (13.7B) | (13.0B) | |
Other Assets | 899M | 1.7B | 2.0B | 2.4B | 2.8B | 2.9B | |
Long Term Debt | 19.6B | 23.2B | 29.3B | 30.2B | 39.9B | 41.9B | |
Long Term Investments | 5.1B | 6.0B | 5.2B | 6.1B | 5.8B | 5.3B | |
Short Long Term Debt | 1.4B | 1.7B | 3.1B | 3.2B | 6.1B | 6.4B | |
Property Plant Equipment | 23.0B | 31.6B | 38.7B | 37.3B | 42.9B | 45.0B | |
Non Current Liabilities Other | 752M | 3.4B | 3.2B | 2.1B | 2.6B | 1.8B | |
Net Invested Capital | 27.0B | 28.8B | 36.1B | 36.6B | 52.2B | 34.1B | |
Net Working Capital | 402M | (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.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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.