Brookfield Short Term Debt vs Property Plant Equipment Analysis
BIP Stock | USD 35.27 0.53 1.53% |
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 Term Debt and its Property Plant Equipment 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 gross domestic product.
Short Term Debt vs Property Plant Equipment
Short Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Infrastructure Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brookfield Infrastructure's Short Term Debt and Property Plant Equipment is 0.93. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment 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 Term Debt and Property Plant Equipment 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 Term Debt of Brookfield Infrastructure Partners are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Brookfield Infrastructure's Short Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Term Debt
Property Plant Equipment
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 gross domestic product. At this time, Brookfield Infrastructure's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/26/2024, Enterprise Value Multiple is likely to grow to 9.59, while Selling General Administrative is likely to drop slightly above 210.1 M.
Brookfield Infrastructure fundamental ratios Correlations
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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 | |
Short Long Term Debt Total | 22.8B | 27.1B | 33.1B | 33.8B | 49.6B | 52.1B | |
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 | 11.7B | |
Property Plant And Equipment Net | 23.0B | 32.1B | 39.3B | 38.0B | 48.5B | 51.0B | |
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) | |
Accounts Payable | 854M | 1.5B | 1.9B | 1.9B | 2.3B | 2.4B | |
Cash | 827M | 867M | 1.4B | 1.3B | 1.9B | 1.9B | |
Non Current Assets Total | 55.5B | 60.5B | 72.6B | 71.7B | 92.8B | 97.4B | |
Non Currrent Assets Other | 416M | 1.9B | 23.2B | 465M | 3.5B | 2.4B | |
Cash And Short Term Investments | 827M | 867M | 1.4B | 1.3B | 2.7B | 2.8B | |
Net Receivables | 1.8B | 1.5B | 1.9B | 2.3B | 3.7B | 3.9B | |
Common Stock Shares Outstanding | 428.4M | 442.1M | 445.1M | 458.1M | 459.4M | 347.6M | |
Liabilities And Stockholders Equity | 56.3B | 61.3B | 74.0B | 73.0B | 100.8B | 105.8B | |
Non Current Liabilities Total | 34.1B | 39.7B | 47.6B | 47.4B | 55.1B | 57.8B | |
Inventory | 242M | 221M | 400M | 531M | 512M | 901.4M | |
Other Current Assets | (2.0B) | (1.8B) | (2.3B) | 315M | 1.3B | 1.4B | |
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 | |
Other Stockholder Equity | 16.2B | 16.3B | 19.6B | 19.3B | 22.2B | 23.3B | |
Property Plant And Equipment Gross | 23.0B | 31.6B | 42.8B | 42.7B | 55.8B | 58.6B | |
Accumulated Other Comprehensive Income | 983M | 992M | 1.8B | 1.9B | 2.4B | 2.5B | |
Other Liab | 7.2B | 8.5B | 18.3B | 8.7B | 10.0B | 5.2B | |
Current Deferred Revenue | 307M | 256M | 338M | 460M | 490M | 514.5M | |
Other Assets | 899M | 1.7B | 4.9B | 1.1B | 1.3B | 1.2B | |
Long Term Debt | 19.7B | 23.2B | 29.3B | 30.2B | 39.9B | 41.9B | |
Good Will | 6.6B | 6.6B | 9.0B | 8.8B | 14.5B | 15.2B | |
Short Term Investments | 167M | 574M | 556M | 1.1B | 801M | 841.1M | |
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 | |
Property Plant Equipment | 23.0B | 31.6B | 39.3B | 38.0B | 43.7B | 45.9B | |
Net Tangible Assets | (15.9B) | (14.2B) | (17.5B) | (15.2B) | (13.7B) | (13.0B) | |
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 | |
Long Term Debt Total | 21.3B | 25.2B | 29.6B | 30.3B | 34.8B | 19.9B |
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
Moving against 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.Additional Tools for Brookfield Stock Analysis
When running Brookfield Infrastructure's price analysis, check to measure Brookfield Infrastructure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookfield Infrastructure is operating at the current time. Most of Brookfield Infrastructure's value examination focuses on studying past and present price action to predict the probability of Brookfield Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Infrastructure's price. Additionally, you may evaluate how the addition of Brookfield Infrastructure to your portfolios can decrease your overall portfolio volatility.