Brookfield Days Sales Outstanding vs Ev To Sales Analysis
BN Stock | 83.46 2.01 2.47% |
Brookfield financial indicator trend analysis is way more than just evaluating Brookfield prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield is a good investment. Please check the relationship between Brookfield Days Sales Outstanding and its Ev To Sales accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Days Sales Outstanding vs Ev To Sales
Days Sales Outstanding vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Days Sales Outstanding account and Ev To Sales. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brookfield's Days Sales Outstanding and Ev To Sales is -0.06. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Brookfield, assuming nothing else is changed. The correlation between historical values of Brookfield's Days Sales Outstanding and Ev To Sales 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 are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Sales Outstanding i.e., Brookfield's Days Sales Outstanding and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Days Sales Outstanding
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most indicators from Brookfield's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Brookfield's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 1.8 B, while Sales General And Administrative To Revenue is likely to drop 0.0007.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.7B | 14.3B | 14.5B | 15.2B | Total Revenue | 75.7B | 92.8B | 95.9B | 100.7B |
Brookfield fundamental ratios Correlations
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Brookfield Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookfield fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 1.5B | 1.5B | 1.5B | 1.6B | 1.6B | 1.6B | |
Total Assets | 324.0B | 343.7B | 391.0B | 441.3B | 490.1B | 514.6B | |
Short Long Term Debt Total | 159.0B | 158.9B | 188.7B | 225.7B | 233.7B | 245.4B | |
Total Stockholder Equity | 35.0B | 35.8B | 46.4B | 43.8B | 45.8B | 48.1B | |
Net Debt | 136.6B | 138.5B | 163.2B | 199.7B | 222.5B | 233.6B | |
Non Current Assets Total | 284.9B | 298.6B | 334.7B | 387.9B | 443.4B | 465.6B | |
Liabilities And Stockholders Equity | 324.0B | 343.7B | 391.0B | 441.3B | 490.1B | 514.6B | |
Non Current Liabilities Total | 162.4B | 168.0B | 191.2B | 221.6B | 230.7B | 242.3B | |
Other Stockholder Equity | (44.5B) | (42.7B) | 6.6B | 3.1B | 4.6B | 4.9B | |
Total Liab | 207.1B | 221.1B | 256.3B | 299.4B | 321.9B | 337.9B | |
Retained Earnings | 16.0B | 15.2B | 17.7B | 18.0B | 20.7B | 21.7B | |
Total Current Liabilities | 44.8B | 53.0B | 65.1B | 77.7B | 91.1B | 95.7B | |
Property Plant And Equipment Net | 89.3B | 100.0B | 115.5B | 124.3B | 147.6B | 155.0B | |
Accounts Payable | 43.1B | 50.7B | 29.1B | 33.6B | 33.4B | 35.1B | |
Cash | 6.8B | 9.9B | 12.7B | 14.4B | 11.2B | 11.8B | |
Non Currrent Assets Other | 96.7B | 96.8B | 109.4B | 126.7B | 136.8B | 143.6B | |
Other Assets | 8.7B | 11.7B | 17.6B | 8.9B | 10.2B | 7.2B | |
Cash And Short Term Investments | 6.8B | 9.9B | 19.7B | 22.0B | 16.9B | 17.7B | |
Net Receivables | 18.5B | 18.9B | 16.1B | 19.5B | 20.3B | 21.3B | |
Short Term Investments | 3.6B | 5.5B | 7.0B | 7.6B | 5.7B | 3.5B | |
Total Current Assets | 39.0B | 45.1B | 56.3B | 53.4B | 46.7B | 49.0B | |
Inventory | 10.3B | 10.4B | 8.6B | 9.1B | 7.1B | 6.8B | |
Other Current Assets | 3.5B | 5.9B | 12.0B | 2.8B | 2.5B | 3.2B | |
Accumulated Other Comprehensive Income | 6.2B | 6.2B | 7.4B | 7.6B | 8.2B | 8.6B | |
Common Stock | 30.9B | 31.7B | 10.5B | 10.9B | 10.9B | 13.8B | |
Short Term Debt | 15.7B | 21.3B | 32.8B | 43.3B | 57.6B | 60.5B | |
Good Will | 14.6B | 14.7B | 20.2B | 28.7B | 34.9B | 36.7B | |
Other Current Liab | (14.0B) | (18.9B) | 3.1B | 876M | 118M | 123.9M | |
Intangible Assets | 27.7B | 24.7B | 30.6B | 38.4B | 39.0B | 40.9B | |
Long Term Debt | 130.0B | 129.4B | 146.8B | 173.9B | 199.9B | 128.3B | |
Long Term Debt Total | 143.3B | 137.6B | 155.9B | 182.4B | 209.7B | 134.5B | |
Capital Surpluse | 286M | 285M | 320M | 148M | 133.2M | 206.5M | |
Cash And Equivalents | 6.8B | 9.9B | 12.7B | 14.4B | 16.6B | 9.7B | |
Property Plant Equipment | 89.3B | 100.0B | 115.5B | 124.3B | 142.9B | 93.4B |
Pair Trading with Brookfield
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving against Brookfield Stock
The ability to find closely correlated positions to Brookfield 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 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 - 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 to buy it.
The correlation of Brookfield 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield 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 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.Other Information on Investing in Brookfield Stock
Balance Sheet is a snapshot of the financial position of Brookfield at a specified time, usually calculated after every quarter, six months, or one year. Brookfield Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brookfield and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Brookfield currently owns. An asset can also be divided into two categories, current and non-current.