Bridgemarq Accounts Payable vs Total Stockholder Equity Analysis

BRE Stock  CAD 15.21  0.16  1.06%   
Bridgemarq Real financial indicator trend analysis is way more than just evaluating Bridgemarq Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridgemarq Real Estate is a good investment. Please check the relationship between Bridgemarq Real Accounts Payable and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgemarq Real Estate. 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.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridgemarq Real Estate Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bridgemarq Real's Accounts Payable and Total Stockholder Equity is 0.75. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Bridgemarq Real Estate, assuming nothing else is changed. The correlation between historical values of Bridgemarq Real's Accounts Payable and Total 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 Accounts Payable of Bridgemarq Real Estate are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Bridgemarq Real's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Bridgemarq Real obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bridgemarq Real Estate are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Bridgemarq Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridgemarq Real Estate 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 Bridgemarq Real Estate. 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.
At this time, Bridgemarq Real's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.48, while Selling General Administrative is likely to drop about 2.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense8.8M8.8M8.8M6.7M
Depreciation And Amortization32.6M15.6M32.5M19.1M

Bridgemarq Real fundamental ratios Correlations

-0.310.05-0.280.94-0.750.69-0.521.0-0.52-0.46-0.2-0.520.37-0.44-0.8-0.751.00.820.93-0.04-0.9-0.16-0.89-0.17-0.56
-0.310.430.0-0.450.54-0.530.19-0.310.190.10.220.490.00.380.560.19-0.34-0.4-0.45-0.040.350.440.35-0.020.33
0.050.43-0.040.06-0.12-0.35-0.230.06-0.230.180.490.040.510.180.02-0.170.05-0.140.020.050.120.460.12-0.18-0.27
-0.280.0-0.04-0.180.11-0.120.23-0.30.23-0.120.15-0.490.290.290.110.33-0.29-0.18-0.160.120.030.330.03-0.22-0.05
0.94-0.450.06-0.18-0.880.75-0.610.94-0.61-0.38-0.22-0.660.52-0.49-0.9-0.790.940.831.00.01-0.86-0.11-0.87-0.22-0.72
-0.750.54-0.120.11-0.88-0.780.55-0.760.550.360.080.76-0.440.410.940.66-0.79-0.68-0.86-0.260.710.240.710.140.65
0.69-0.53-0.35-0.120.75-0.78-0.270.69-0.27-0.62-0.53-0.67-0.02-0.29-0.85-0.480.720.740.760.2-0.7-0.53-0.7-0.11-0.32
-0.520.19-0.230.23-0.610.55-0.27-0.571.0-0.110.160.44-0.560.390.660.89-0.57-0.6-0.590.130.5-0.290.490.170.51
1.0-0.310.06-0.30.94-0.760.69-0.57-0.57-0.46-0.21-0.530.38-0.44-0.82-0.791.00.830.93-0.04-0.9-0.15-0.9-0.17-0.55
-0.520.19-0.230.23-0.610.55-0.271.0-0.57-0.110.160.44-0.560.390.660.89-0.57-0.6-0.590.130.5-0.290.490.170.51
-0.460.10.18-0.12-0.380.36-0.62-0.11-0.46-0.110.280.430.18-0.280.410.26-0.47-0.48-0.42-0.230.590.410.59-0.08-0.21
-0.20.220.490.15-0.220.08-0.530.16-0.210.160.280.140.38-0.150.270.26-0.21-0.36-0.26-0.160.20.470.20.12-0.11
-0.520.490.04-0.49-0.660.76-0.670.44-0.530.440.430.14-0.50.220.810.45-0.56-0.59-0.66-0.150.640.00.640.340.55
0.370.00.510.290.52-0.44-0.02-0.560.38-0.560.180.38-0.5-0.39-0.4-0.460.370.30.49-0.23-0.340.67-0.35-0.39-0.77
-0.440.380.180.29-0.490.41-0.290.39-0.440.39-0.28-0.150.22-0.390.440.3-0.44-0.3-0.440.470.28-0.020.280.10.59
-0.80.560.020.11-0.90.94-0.850.66-0.820.660.410.270.81-0.40.440.75-0.84-0.81-0.88-0.090.770.210.770.230.61
-0.750.19-0.170.33-0.790.66-0.480.89-0.790.890.260.260.45-0.460.30.75-0.78-0.79-0.80.060.75-0.110.750.060.44
1.0-0.340.05-0.290.94-0.790.72-0.571.0-0.57-0.47-0.21-0.560.37-0.44-0.84-0.780.830.93-0.02-0.9-0.18-0.89-0.16-0.55
0.82-0.4-0.14-0.180.83-0.680.74-0.60.83-0.6-0.48-0.36-0.590.3-0.3-0.81-0.790.830.86-0.19-0.9-0.02-0.9-0.1-0.44
0.93-0.450.02-0.161.0-0.860.76-0.590.93-0.59-0.42-0.26-0.660.49-0.44-0.88-0.80.930.860.01-0.89-0.11-0.89-0.19-0.68
-0.04-0.040.050.120.01-0.260.20.13-0.040.13-0.23-0.16-0.15-0.230.47-0.090.06-0.02-0.190.010.0-0.420.00.080.15
-0.90.350.120.03-0.860.71-0.70.5-0.90.50.590.20.64-0.340.280.770.75-0.9-0.9-0.890.00.071.00.020.43
-0.160.440.460.33-0.110.24-0.53-0.29-0.15-0.290.410.470.00.67-0.020.21-0.11-0.18-0.02-0.11-0.420.070.06-0.29-0.25
-0.890.350.120.03-0.870.71-0.70.49-0.90.490.590.20.64-0.350.280.770.75-0.89-0.9-0.890.01.00.060.020.43
-0.17-0.02-0.18-0.22-0.220.14-0.110.17-0.170.17-0.080.120.34-0.390.10.230.06-0.16-0.1-0.190.080.02-0.290.020.51
-0.560.33-0.27-0.05-0.720.65-0.320.51-0.550.51-0.21-0.110.55-0.770.590.610.44-0.55-0.44-0.680.150.43-0.250.430.51
Click cells to compare fundamentals

Bridgemarq Real Account Relationship Matchups

Bridgemarq Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets94.8M89.0M78.6M72.6M64.9M85.9M
Short Long Term Debt Total73.3M73.4M68.4M67.0M69.0M67.8M
Other Current Liab1.6M(369K)1.0M978K1.2M2.1M
Total Current Liabilities4.7M3.4M3.2M70.3M3.3M3.1M
Total Stockholder Equity(36.4M)(48.4M)(56.5M)(48.3M)(57.1M)(54.3M)
Net Debt68.1M64.2M62.2M60.5M63.3M54.7M
Accounts Payable1.2M1.3M1.1M1.1M1.4M1.4M
Cash5.2M9.2M6.2M6.4M5.7M4.5M
Non Current Assets Total84.6M76.6M68.5M60.7M54.5M78.3M
Cash And Short Term Investments5.2M9.2M6.2M6.4M5.7M4.5M
Net Receivables4.7M3.0M3.8M3.7M3.9M4.0M
Liabilities And Stockholders Equity94.8M89.0M78.6M72.6M64.9M85.9M
Non Current Liabilities Total126.5M134.0M131.8M50.7M118.7M92.3M
Other Current Assets(10.0M)(12.3M)(10.1M)1.8M(9.7M)(9.2M)
Other Stockholder Equity176.5M237.0M196.6M236.7M254.3M140.2M
Total Liab131.2M137.4M135.1M120.9M122.0M101.2M
Total Current Assets10.1M12.3M10.1M11.9M10.4M10.5M
Intangible Assets77.8M70.1M62.2M54.9M48.2M75.3M
Non Currrent Assets Other103K91K74K55K61K58.0K
Retained Earnings(176.5M)(188.5M)(196.6M)(188.4M)(197.2M)(207.1M)
Current Deferred Revenue1.9M549K573K602K356K373.8K
Short Term Debt1.9M549K573K67.0M356K338.2K
Other Liab52.7M57.9M62.6M50.7M58.3M57.0M
Net Tangible Assets(114.2M)(118.6M)(118.7M)(103.3M)(92.9M)(97.6M)
Other Assets6.8M6.5M6.2M5.7M(1.0)(0.95)
Long Term Debt73.3M73.4M68.4M0.067.0M47.5M
Long Term Debt Total65.7M71.3M73.3M73.4M68.4M0.0
Non Current Liabilities Other49.0M49.2M54.3M42.7M43.8M39.5M
Net Invested Capital36.9M24.9M11.9M18.6M9.9M9.4M
Net Working Capital5.5M8.9M6.9M(58.4M)7.1M7.5M

Pair Trading with Bridgemarq Real

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

Moving together with Bridgemarq Stock

  0.83CEF Sprott Physical GoldPairCorr
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Moving against Bridgemarq Stock

  0.62MFC-PC Manulife Finl SrsPairCorr
  0.57SLF-PG Sun Life NonPairCorr
  0.35SLF-PC Sun Life FinancialPairCorr
  0.33SLF-PD Sun Life FinancialPairCorr
The ability to find closely correlated positions to Bridgemarq Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridgemarq Real 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 Bridgemarq Real - 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 Bridgemarq Real Estate to buy it.
The correlation of Bridgemarq Real 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 Bridgemarq Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgemarq Real Estate 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 Bridgemarq Real 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

Other Information on Investing in Bridgemarq Stock

Balance Sheet is a snapshot of the financial position of Bridgemarq Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Bridgemarq Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bridgemarq Real 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 Bridgemarq currently owns. An asset can also be divided into two categories, current and non-current.