Brady Change To Inventory vs Change In Working Capital Analysis
BRC Stock | USD 74.98 0.52 0.69% |
Brady financial indicator trend analysis is way more than just evaluating Brady prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brady is a good investment. Please check the relationship between Brady Change To Inventory and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brady. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.
Change To Inventory vs Change In Working Capital
Change To Inventory vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brady Change To Inventory account and Change In Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brady's Change To Inventory and Change In Working Capital is 0.9. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Brady, assuming nothing else is changed. The correlation between historical values of Brady's Change To Inventory and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Brady are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change To Inventory i.e., Brady's Change To Inventory and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Most indicators from Brady's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brady 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 Brady. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.At present, Brady's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 631.6M | 657.3M | 687.9M | 441.5M | Total Revenue | 1.3B | 1.3B | 1.3B | 866.7M |
Brady fundamental ratios Correlations
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Brady Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brady fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.4B | 1.4B | 1.4B | 1.5B | 917.4M | |
Short Long Term Debt Total | 47.3M | 84.0M | 129.1M | 80.7M | 129.7M | 140.4M | |
Other Current Liab | 49.8M | 140.8M | 138.2M | 137.3M | 159.2M | 167.1M | |
Total Current Liabilities | 185.9M | 257.6M | 255.2M | 258.0M | 264.7M | 163.9M | |
Total Stockholder Equity | 863.1M | 963.0M | 911.3M | 990.9M | 1.1B | 585.9M | |
Property Plant And Equipment Net | 157.0M | 163.6M | 170.8M | 171.8M | 234.3M | 131.8M | |
Net Debt | (170.4M) | (63.3M) | 15.1M | (70.9M) | (120.5M) | (114.4M) | |
Retained Earnings | 704.5M | 788.4M | 892.4M | 1.0B | 1.2B | 1.2B | |
Cash | 217.6M | 147.3M | 114.1M | 151.5M | 250.1M | 131.8M | |
Non Current Assets Total | 633.0M | 912.7M | 869.3M | 864.4M | 915.9M | 544.5M | |
Non Currrent Assets Other | 10.2M | 6.1M | 3.7M | 3.9M | 24.5M | 25.8M | |
Cash And Short Term Investments | 217.6M | 147.3M | 114.1M | 151.5M | 250.1M | 132.9M | |
Net Receivables | 146.2M | 170.6M | 183.2M | 184.4M | 185.5M | 129.1M | |
Common Stock Shares Outstanding | 53.2M | 52.4M | 51.7M | 49.9M | 48.5M | 53.0M | |
Liabilities And Stockholders Equity | 1.1B | 1.4B | 1.4B | 1.4B | 1.5B | 917.4M | |
Non Current Liabilities Total | 93.5M | 157.1M | 200.9M | 140.3M | 184.2M | 167.6M | |
Inventory | 135.7M | 136.1M | 190.0M | 177.1M | 152.7M | 82.9M | |
Other Current Assets | 10.0M | 11.1M | 10.7M | 11.8M | 11.4M | 10.8M | |
Other Stockholder Equity | 224.5M | 230.1M | 127.4M | 61.6M | 1.7M | 1.6M | |
Total Liab | 279.4M | 414.7M | 456.0M | 398.3M | 448.9M | 331.5M | |
Property Plant And Equipment Gross | 157.0M | 163.6M | 170.8M | 464.5M | 538.5M | 565.4M | |
Total Current Assets | 509.4M | 465.1M | 498.1M | 524.8M | 599.7M | 372.9M | |
Accumulated Other Comprehensive Income | (66.5M) | (56.0M) | (109.1M) | (93.1M) | (109.6M) | (104.1M) | |
Short Term Debt | 15.3M | 17.7M | 15.0M | 14.7M | 13.4M | 21.2M | |
Accounts Payable | 62.5M | 82.2M | 81.1M | 79.9M | 84.7M | 57.0M | |
Intangible Assets | 22.3M | 92.3M | 74.0M | 62.1M | 51.8M | 82.5M | |
Other Liab | 61.5M | 90.8M | 86.7M | 74.4M | 85.5M | 61.7M | |
Other Assets | 19.1M | 22.4M | 37.6M | 37.9M | 1.0 | 0.95 | |
Good Will | 416.0M | 614.1M | 586.8M | 592.6M | 589.6M | 537.6M | |
Treasury Stock | (107.2M) | (109.1M) | (217.9M) | (290.2M) | (261.2M) | (248.1M) | |
Property Plant Equipment | 157.0M | 163.6M | 139.5M | 142.1M | 163.5M | 134.8M | |
Current Deferred Revenue | 58.3M | 98.1M | 2.7M | 97.6M | 2.9M | 2.8M | |
Net Tangible Assets | 424.7M | 256.6M | 250.4M | 336.2M | 386.6M | 259.6M | |
Retained Earnings Total Equity | 704.5M | 788.4M | 892.4M | 1.0B | 1.2B | 718.0M | |
Capital Surpluse | 331.8M | 339.1M | 345.3M | 351.8M | 404.5M | 356.7M | |
Non Current Liabilities Other | 61.5M | 90.8M | 105.9M | 90.6M | 68.0M | 80.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Brady offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brady'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 Brady Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brady Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brady. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Commercial Services & Supplies 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 Brady. If investors know Brady 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 Brady 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 0.154 | Earnings Share 4.07 | Revenue Per Share 27.877 | Quarterly Revenue Growth (0.01) | Return On Assets 0.1048 |
The market value of Brady is measured differently than its book value, which is the value of Brady that is recorded on the company's balance sheet. Investors also form their own opinion of Brady's value that differs from its market value or its book value, called intrinsic value, which is Brady'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 Brady's market value can be influenced by many factors that don't directly affect Brady'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 Brady's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brady is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brady'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.