BRF Total Assets vs Short Term Investments Analysis

BRFS Stock  USD 4.32  0.07  1.65%   
BRF SA financial indicator trend analysis is way more than just evaluating BRF SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRF SA ADR is a good investment. Please check the relationship between BRF SA Total Assets and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BRF SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Total Assets vs Short Term Investments

Total Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BRF SA ADR Total Assets account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BRF SA's Total Assets and Short Term Investments is -0.2. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of BRF SA ADR, assuming nothing else is changed. The correlation between historical values of BRF SA's Total Assets and Short Term Investments 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 Assets of BRF SA ADR are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Assets i.e., BRF SA's Total Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of BRF SA assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BRF SA ADR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Term Investments

Short Term Investments is an item under the current assets section of BRF SA balance sheet. It contains any investments BRF SA ADR undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that BRF SA ADR can easily liquidate in the marketplace.
Most indicators from BRF SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRF SA ADR 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 BRF SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, BRF SA's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 5.6 B in 2024, whereas Tax Provision is likely to drop (59.7 M) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.2B8.1B8.8B5.6B
Total Revenue48.3B53.8B53.6B56.3B

BRF SA fundamental ratios Correlations

0.940.660.830.380.950.88-0.260.750.730.980.680.740.690.81-0.730.930.810.59-0.150.960.660.980.790.830.58
0.940.690.850.040.820.98-0.480.760.720.920.740.710.470.62-0.561.00.820.55-0.161.00.610.920.790.710.7
0.660.690.810.030.50.62-0.250.760.810.570.710.790.280.34-0.410.670.790.72-0.170.70.690.730.590.440.31
0.830.850.810.10.720.81-0.360.970.90.80.910.90.390.49-0.580.820.960.8-0.10.860.910.840.730.550.49
0.380.040.030.10.58-0.050.530.070.150.4-0.030.230.810.74-0.70.040.080.14-0.060.10.220.340.170.59-0.11
0.950.820.50.720.580.78-0.180.640.60.980.590.630.830.92-0.860.810.690.5-0.090.840.60.890.740.90.55
0.880.980.620.81-0.050.78-0.610.710.610.880.720.60.410.58-0.550.970.780.5-0.060.960.550.840.820.660.74
-0.26-0.48-0.25-0.360.53-0.18-0.61-0.32-0.1-0.32-0.48-0.060.28-0.010.0-0.47-0.33-0.28-0.45-0.44-0.22-0.18-0.41-0.02-0.61
0.750.760.760.970.070.640.71-0.320.920.710.920.910.280.37-0.470.740.950.83-0.130.780.950.760.570.450.39
0.730.720.810.90.150.60.61-0.10.920.650.860.990.350.39-0.50.710.870.74-0.310.730.840.780.480.520.37
0.980.920.570.80.40.980.88-0.320.710.650.680.670.720.84-0.770.910.760.56-0.060.940.640.930.80.840.64
0.680.740.710.91-0.030.590.72-0.480.920.860.680.840.20.36-0.470.730.850.77-0.080.740.870.660.50.450.5
0.740.710.790.90.230.630.6-0.060.910.990.670.840.410.45-0.560.70.860.76-0.270.730.850.790.490.540.36
0.690.470.280.390.810.830.410.280.280.350.720.20.410.92-0.880.470.330.22-0.210.50.290.640.540.850.3
0.810.620.340.490.740.920.58-0.010.370.390.840.360.450.92-0.930.620.430.32-0.040.640.380.730.640.90.44
-0.73-0.56-0.41-0.58-0.7-0.86-0.550.0-0.47-0.5-0.77-0.47-0.56-0.88-0.93-0.56-0.51-0.420.04-0.58-0.5-0.66-0.64-0.85-0.41
0.931.00.670.820.040.810.97-0.470.740.710.910.730.70.470.62-0.560.810.55-0.160.990.570.920.750.710.7
0.810.820.790.960.080.690.78-0.330.950.870.760.850.860.330.43-0.510.810.8-0.140.840.890.830.670.530.37
0.590.550.720.80.140.50.5-0.280.830.740.560.770.760.220.32-0.420.550.80.260.590.840.60.430.210.15
-0.15-0.16-0.17-0.1-0.06-0.09-0.06-0.45-0.13-0.31-0.06-0.08-0.27-0.21-0.040.04-0.16-0.140.26-0.14-0.02-0.240.12-0.40.09
0.961.00.70.860.10.840.96-0.440.780.730.940.740.730.50.64-0.580.990.840.59-0.140.640.950.790.710.65
0.660.610.690.910.220.60.55-0.220.950.840.640.870.850.290.38-0.50.570.890.84-0.020.640.660.530.40.21
0.980.920.730.840.340.890.84-0.180.760.780.930.660.790.640.73-0.660.920.830.6-0.240.950.660.750.790.49
0.790.790.590.730.170.740.82-0.410.570.480.80.50.490.540.64-0.640.750.670.430.120.790.530.750.60.65
0.830.710.440.550.590.90.66-0.020.450.520.840.450.540.850.9-0.850.710.530.21-0.40.710.40.790.60.5
0.580.70.310.49-0.110.550.74-0.610.390.370.640.50.360.30.44-0.410.70.370.150.090.650.210.490.650.5
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BRF SA Account Relationship Matchups

BRF SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.7B49.7B55.9B57.9B57.3B29.9B
Short Long Term Debt Total21.1B24.9B27.9B26.6B23.8B12.5B
Other Current Liab666.2M3.5B3.6B3.1B3.2B3.3B
Total Current Liabilities13.3B15.4B21.2B22.3B19.4B20.4B
Total Stockholder Equity7.9B8.6B8.5B11.3B14.9B8.9B
Property Plant And Equipment Net12.3B12.2B13.0B14.3B14.6B8.5B
Net Debt16.8B17.4B20.4B18.4B14.5B8.9B
Retained Earnings(4.3B)(4.0B)(2.6B)(2.1B)(2.4B)0.0
Accounts Payable6.6B8.6B11.2B14.1B12.6B13.2B
Cash4.2B7.6B7.5B8.1B9.3B9.7B
Non Current Assets Total26.7B26.8B29.7B31.4B31.3B16.8B
Non Currrent Assets Other7.3B6.9B7.1B7.6B9.1B9.6B
Cash And Short Term Investments4.7B7.9B7.9B8.5B9.7B10.2B
Net Receivables3.7B4.1B4.0B4.2B4.8B3.1B
Common Stock Shares Outstanding813.9M811.3M808.7M1.1B1.4B1.3B
Liabilities And Stockholders Equity41.7B49.7B55.9B57.9B57.3B29.9B
Non Current Liabilities Total20.2B25.4B25.9B23.7B22.2B11.4B
Inventory5.5B8.9B12.6B11.8B9.5B9.9B
Other Current Assets590.7M2.0B1.8B2.0B2.1B2.3B
Other Stockholder Equity(38.2M)(123.9M)(287.8M)(187.6M)(166.3M)(157.9M)
Total Liab33.6B40.9B47.1B46.0B41.6B20.8B
Property Plant And Equipment Gross12.3B12.2B22.5B25.0B25.7B27.0B
Total Current Assets15.0B22.9B26.2B26.5B26.0B13.1B
Accumulated Other Comprehensive Income(529.6M)(1.2B)(1.7B)984.7M1.7B1.8B
Short Term Debt3.5B2.9B5.9B4.6B3.4B2.8B
Other Liab2.7B1.9B1.6B1.6B1.8B993.1M
Current Deferred Revenue2.5B2.3B2.4B75.8M290.3M275.8M
Other Assets9.1B9.0B10.0B10.1B1.00.95
Long Term Debt15.5B21.3B22.3B19.6B17.6B18.5B
Good Will2.7B2.9B3.4B3.5B3.4B2.3B
Short Term Investments418.2M314.2M346.9M418.4M447.9M555.0M
Intangible Assets2.2B2.3B2.7B3.0B2.7B1.9B
Property Plant Equipment12.3B12.2B13.0B14.3B16.4B17.2B
Net Tangible Assets3.0B3.4B2.3B4.8B4.4B3.7B
Long Term Investments322.2M353.5M454.5M507.5M417.9M436.1M
Short Long Term Debt3.1B1.1B3.2B3.9B2.5B3.0B

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Additional Tools for BRF Stock Analysis

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