Brookfield Total Current Assets vs Good Will Analysis

BN Stock   58.30  1.92  3.41%   
Brookfield Corp financial indicator trend analysis is way more than just evaluating Brookfield Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Corp is a good investment. Please check the relationship between Brookfield Corp Total Current Assets and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield 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.
To learn how to invest in Brookfield Stock, please use our How to Invest in Brookfield Corp guide.

Total Current Assets vs Good Will

Total Current Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Corp Total Current Assets account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brookfield Corp's Total Current Assets and Good Will is 0.64. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Brookfield Corp, assuming nothing else is changed. The correlation between historical values of Brookfield Corp's Total Current Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Brookfield Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Assets i.e., Brookfield Corp's Total Current Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Brookfield Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Corp 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 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.
To learn how to invest in Brookfield Stock, please use our How to Invest in Brookfield Corp guide.At this time, Brookfield Corp's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Issuance Of Capital Stock is likely to grow to about 51.5 M, while Tax Provision is likely to drop about 847.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit11.7B14.3B20.2B21.2B
Total Revenue75.7B92.8B98.0B102.9B

Brookfield Corp fundamental ratios Correlations

0.920.930.920.910.910.90.450.930.870.910.790.520.930.360.890.860.490.830.650.550.580.880.90.450.91
0.920.990.961.01.01.00.221.00.970.950.910.560.950.320.790.950.310.770.680.470.710.90.960.560.98
0.930.990.940.990.990.980.260.990.940.950.870.580.960.380.810.950.330.790.680.440.650.90.960.510.99
0.920.960.940.940.960.950.150.950.970.880.820.550.930.410.770.890.30.80.770.570.640.840.880.440.91
0.911.00.990.941.00.990.251.00.960.960.920.530.940.290.790.950.290.740.640.420.730.920.970.590.99
0.911.00.990.961.01.00.211.00.970.950.90.570.950.330.770.950.290.760.680.450.710.90.960.560.99
0.91.00.980.950.991.00.190.990.970.920.90.530.950.320.780.940.290.760.670.440.710.880.950.560.98
0.450.220.260.150.250.210.190.250.060.430.32-0.150.26-0.280.580.160.490.16-0.220.260.280.470.40.440.28
0.931.00.990.951.01.00.990.250.960.960.90.570.950.330.80.950.320.780.670.470.70.910.960.560.99
0.870.970.940.970.960.970.970.060.960.870.860.520.910.370.720.890.230.750.710.440.690.830.90.480.93
0.910.950.950.880.960.950.920.430.960.870.920.530.880.160.790.930.360.680.570.450.750.970.970.670.94
0.790.910.870.820.920.90.90.320.90.860.920.260.76-0.10.670.830.20.490.410.250.940.950.950.850.88
0.520.560.580.550.530.570.53-0.150.570.520.530.260.60.70.350.740.260.690.810.57-0.010.340.42-0.110.57
0.930.950.960.930.940.950.950.260.950.910.880.760.60.520.840.890.360.860.70.570.510.810.880.360.94
0.360.320.380.410.290.330.32-0.280.330.370.16-0.10.70.520.260.370.10.660.660.5-0.410.00.12-0.580.33
0.890.790.810.770.790.770.780.580.80.720.790.670.350.840.260.690.740.790.50.50.480.730.780.40.79
0.860.950.950.890.950.950.940.160.950.890.930.830.740.890.370.690.290.750.750.480.620.850.910.50.96
0.490.310.330.30.290.290.290.490.320.230.360.20.260.360.10.740.290.580.330.340.10.260.310.080.32
0.830.770.790.80.740.760.760.160.780.750.680.490.690.860.660.790.750.580.790.680.210.540.640.060.77
0.650.680.680.770.640.680.67-0.220.670.710.570.410.810.70.660.50.750.330.790.570.210.420.50.00.65
0.550.470.440.570.420.450.440.260.470.440.450.250.570.570.50.50.480.340.680.570.030.320.340.010.45
0.580.710.650.640.730.710.710.280.70.690.750.94-0.010.51-0.410.480.620.10.210.210.030.840.80.940.67
0.880.90.90.840.920.90.880.470.910.830.970.950.340.810.00.730.850.260.540.420.320.840.970.760.89
0.90.960.960.880.970.960.950.40.960.90.970.950.420.880.120.780.910.310.640.50.340.80.970.70.96
0.450.560.510.440.590.560.560.440.560.480.670.85-0.110.36-0.580.40.50.080.060.00.010.940.760.70.55
0.910.980.990.910.990.990.980.280.990.930.940.880.570.940.330.790.960.320.770.650.450.670.890.960.55
Click cells to compare fundamentals

Brookfield Corp Account Relationship Matchups

Brookfield Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.5B1.5B1.6B1.6B1.6B1.6B
Total Assets324.0B343.7B391.0B441.3B490.1B514.6B
Short Long Term Debt Total159.0B158.9B188.7B257.7B233.7B245.4B
Total Stockholder Equity35.0B35.8B46.4B43.8B45.5B47.8B
Net Debt136.6B138.5B163.2B199.7B222.5B233.6B
Non Current Assets Total284.9B298.6B334.7B387.9B426.6B447.9B
Liabilities And Stockholders Equity324.0B343.7B391.0B441.3B487.6B512.0B
Non Current Liabilities Total162.4B168.0B191.2B221.6B249.0B261.4B
Other Stockholder Equity(22.3B)(21.3B)6.6B3.1B(122.2M)(128.3M)
Total Liab207.1B221.1B256.3B299.4B320.2B336.2B
Retained Earnings16.0B15.2B17.7B18.0B20.7B21.7B
Total Current Liabilities44.8B53.0B65.1B77.7B91.1B95.7B
Property Plant And Equipment Net89.3B100.0B115.5B124.3B271.8B285.4B
Accounts Payable43.1B50.7B29.1B33.6B13.5B13.0B
Cash6.8B9.9B12.7B14.4B11.2B11.7B
Non Currrent Assets Other96.7B96.8B109.4B126.7B3.3B3.2B
Cash And Short Term Investments6.8B9.9B19.7B22.0B16.8B17.6B
Net Receivables18.5B18.9B16.1B19.5B20.3B21.3B
Short Term Investments3.6B5.5B7.0B7.6B5.6B3.5B
Total Current Assets39.0B45.1B56.3B53.4B46.7B23.7B
Inventory10.3B10.4B8.6B9.1B7.1B7.3B
Other Current Assets3.5B5.9B12.0B2.8B2.6B3.2B
Other Assets3.6B3.3B3.3B3.4B16.8B17.7B
Accumulated Other Comprehensive Income6.2B6.2B7.4B7.6B12.7B13.3B
Short Term Debt15.7B21.3B32.8B43.3B57.6B60.5B
Good Will14.6B14.7B20.2B28.7B34.9B36.7B
Other Current Liab1.7B2.4B3.1B876M20.1B21.1B
Intangible Assets27.7B24.7B30.6B38.4B39.0B40.9B
Common Stock30.9B31.7B10.5B10.9B10.9B19.1B
Long Term Debt127.7B127.1B143.1B214.4B176.1B140.7B
Long Term Debt Total143.3B137.6B155.9B214.4B246.6B139.6B
Capital Surpluse286M285M320M148M133.2M206.5M
Cash And Equivalents6.8B9.9B12.7B14.4B16.6B9.7B
Property Plant Equipment186.1B196.9B216.4B239.4B275.3B188.6B
Net Tangible Assets(11.4B)(7.7B)(8.6B)(27.5B)(24.7B)(23.5B)
Net Invested Capital174.2B180.1B218.1B254.0B275.4B228.4B
Long Term Investments49.6B53.6B55.7B74.0B81.8B64.4B
Short Long Term Debt15.7B21.3B32.8B43.3B57.6B33.3B

Pair Trading with Brookfield Corp

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

Moving together with Brookfield Stock

  0.69V Visa Class APairCorr
  0.65DHIL Diamond Hill InvestmentPairCorr
  0.79DIST Distoken AcquisitionPairCorr
  0.8AB AllianceBernsteinPairCorr
  0.87AC Associated CapitalPairCorr

Moving against Brookfield Stock

  0.65PT Pintec TechnologyPairCorr
The ability to find closely correlated positions to Brookfield Corp 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 Corp 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 Corp - 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 Corp to buy it.
The correlation of Brookfield Corp 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 Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Corp 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 Corp 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield 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.
To learn how to invest in Brookfield Stock, please use our How to Invest in Brookfield Corp guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookfield Corp. If investors know Brookfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookfield Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
0.46
Revenue Per Share
63.769
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0231
The market value of Brookfield Corp is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Corp's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookfield Corp's market value can be influenced by many factors that don't directly affect Brookfield Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookfield Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Corp'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.