Brookfield Other Liab vs Other Stockholder Equity Analysis

BIPC Stock  CAD 62.42  0.24  0.38%   
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 Other Liab and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Infrastructure Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Liab vs Other Stockholder Equity

Other Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Infrastructure Other Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Brookfield Infrastructure's Other Liab and Other Stockholder Equity is 0.83. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Brookfield Infrastructure Corp, assuming nothing else is changed. The correlation between historical values of Brookfield Infrastructure's Other Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Brookfield Infrastructure Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Liab i.e., Brookfield Infrastructure's Other Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Other Stockholder Equity

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 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of the 26th of November 2024, Enterprise Value is likely to grow to about 15.3 B, while Selling General Administrative is likely to drop about 42.1 M.
 2021 2023 2024 (projected)
Depreciation And Amortization236M365M287.2M
Interest Income741M852.2M894.8M

Brookfield Infrastructure fundamental ratios Correlations

0.740.720.890.89-0.69-0.98-0.370.690.710.590.470.960.660.38-0.980.960.810.450.80.9-0.810.910.84-0.66-0.64
0.740.760.620.63-0.27-0.650.010.790.760.64-0.130.630.990.12-0.620.630.730.760.890.67-0.470.820.72-0.23-0.26
0.720.760.860.88-0.56-0.76-0.150.991.00.820.090.720.720.13-0.680.720.910.820.870.87-0.70.840.92-0.64-0.61
0.890.620.861.0-0.83-0.92-0.540.840.850.580.480.910.540.19-0.880.910.920.550.790.97-0.930.890.95-0.81-0.75
0.890.630.881.0-0.83-0.92-0.520.850.870.610.480.910.540.2-0.880.910.920.560.80.97-0.920.90.95-0.83-0.76
-0.69-0.27-0.56-0.83-0.830.720.77-0.47-0.54-0.23-0.82-0.83-0.17-0.070.71-0.83-0.6-0.05-0.61-0.710.91-0.76-0.640.940.91
-0.98-0.65-0.76-0.92-0.920.720.39-0.73-0.75-0.64-0.49-0.94-0.57-0.420.99-0.94-0.84-0.48-0.75-0.940.83-0.87-0.870.720.67
-0.370.01-0.15-0.54-0.520.770.39-0.12-0.140.26-0.72-0.440.090.090.37-0.44-0.310.15-0.19-0.40.71-0.38-0.320.550.46
0.690.790.990.840.85-0.47-0.73-0.120.990.8-0.030.660.760.09-0.640.660.920.890.840.86-0.650.80.92-0.54-0.49
0.710.761.00.850.87-0.54-0.75-0.140.990.820.060.70.730.13-0.660.70.90.830.860.86-0.690.830.91-0.62-0.59
0.590.640.820.580.61-0.23-0.640.260.80.82-0.020.540.650.56-0.590.540.610.730.660.62-0.450.590.64-0.4-0.4
0.47-0.130.090.480.48-0.82-0.49-0.72-0.030.06-0.020.61-0.220.35-0.540.610.13-0.430.190.34-0.710.40.19-0.75-0.73
0.960.630.720.910.91-0.83-0.94-0.440.660.70.540.610.530.3-0.961.00.780.330.810.89-0.880.920.82-0.82-0.82
0.660.990.720.540.54-0.17-0.570.090.760.730.65-0.220.530.13-0.530.530.660.780.850.58-0.390.760.65-0.14-0.17
0.380.120.130.190.2-0.07-0.420.090.090.130.560.350.30.13-0.450.30.00.050.070.18-0.280.140.06-0.13-0.11
-0.98-0.62-0.68-0.88-0.880.710.990.37-0.64-0.66-0.59-0.54-0.96-0.53-0.45-0.96-0.78-0.38-0.71-0.90.8-0.84-0.820.70.67
0.960.630.720.910.91-0.83-0.94-0.440.660.70.540.611.00.530.3-0.960.780.330.810.89-0.880.920.82-0.82-0.82
0.810.730.910.920.92-0.6-0.84-0.310.920.90.610.130.780.660.0-0.780.780.770.790.97-0.720.821.0-0.61-0.54
0.450.760.820.550.56-0.05-0.480.150.890.830.73-0.430.330.780.05-0.380.330.770.620.64-0.310.520.74-0.11-0.05
0.80.890.870.790.8-0.61-0.75-0.190.840.860.660.190.810.850.07-0.710.810.790.620.77-0.690.970.8-0.61-0.65
0.90.670.870.970.97-0.71-0.94-0.40.860.860.620.340.890.580.18-0.90.890.970.640.77-0.820.850.98-0.72-0.65
-0.81-0.47-0.7-0.93-0.920.910.830.71-0.65-0.69-0.45-0.71-0.88-0.39-0.280.8-0.88-0.72-0.31-0.69-0.82-0.83-0.760.850.79
0.910.820.840.890.9-0.76-0.87-0.380.80.830.590.40.920.760.14-0.840.920.820.520.970.85-0.830.85-0.73-0.74
0.840.720.920.950.95-0.64-0.87-0.320.920.910.640.190.820.650.06-0.820.821.00.740.80.98-0.760.85-0.67-0.6
-0.66-0.23-0.64-0.81-0.830.940.720.55-0.54-0.62-0.4-0.75-0.82-0.14-0.130.7-0.82-0.61-0.11-0.61-0.720.85-0.73-0.670.98
-0.64-0.26-0.61-0.75-0.760.910.670.46-0.49-0.59-0.4-0.73-0.82-0.17-0.110.67-0.82-0.54-0.05-0.65-0.650.79-0.74-0.60.98
Click cells to compare fundamentals

Brookfield Infrastructure Account Relationship Matchups

Brookfield Infrastructure fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9B9.3B10.1B10.2B23.9B13.0B
Short Long Term Debt Total3.8B4.6B3.7B4.6B12.1B12.7B
Other Current Liab262M2.1B4.2B3.3B5.0B5.2B
Total Current Liabilities493M2.7B5.1B4.2B6.4B6.7B
Total Stockholder Equity1.7B(1.7B)(2.1B)(1.1B)(399M)(379.1M)
Other Liab2.6B2.5B1.8B1.7B1.5B1.8B
Net Tangible Assets(2.9B)(5.2B)(5.3B)(4.5B)(4.0B)(4.2B)
Property Plant And Equipment Net4.5B5.1B4.8B4.7B14.2B14.9B
Net Debt3.3B4.4B3.2B4.2B11.5B12.1B
Retained Earnings585M33M(193M)901M1.1B1.2B
Accounts Payable90M505M605M781M85M80.8M
Cash204M192M469M445M539M318.4M
Non Current Assets Total9.3B8.8B8.1B9.2B21.1B11.7B
Non Currrent Assets Other89M(27M)(30M)613M185M165.2M
Cash And Short Term Investments204M192M469M445M539M318.4M
Net Receivables356M394M1.5B566M2.2B2.3B
Good Will667M528M489M518M1.7B1.8B
Liabilities And Stockholders Equity9.9B9.3B10.1B10.2B23.9B13.0B
Non Current Liabilities Total6.1B7.2B6.4B6.3B13.5B7.8B
Other Current Assets34M49M1.1B681M1.4B1.4B
Other Stockholder Equity638M(1.8B)(2.0B)(2.4B)(2.1B)(2.0B)
Total Liab6.6B9.9B11.5B10.5B19.8B10.8B
Total Current Assets594M586M2.0B1.0B2.8B2.9B
Accumulated Other Comprehensive Income(567M)(1.8B)(2.0B)306M473M496.7M
Intangible Assets3.9B2.9B2.7B2.8B3.7B2.9B
Property Plant Equipment4.5B5.1B4.8B4.7B5.4B4.8B
Current Deferred Revenue141M156M153M175M255M183.0M
Long Term Debt3.5B4.6B3.7B4.6B11.0B5.6B
Net Invested Capital5.2B2.9B1.6B3.5B11.7B12.2B
Net Working Capital101M(2.2B)(3.1B)(3.2B)(3.6B)(3.4B)
Short Term Debt256M11M131M26M1.0B1.1B

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 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 Corp 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 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookfield Infrastructure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brookfield Infrastructure Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brookfield Infrastructure Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Infrastructure Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.