BRK-A Stock | | | USD 716,399 2,119 0.30% |
Berkshire Hathaway financial indicator trend analysis is way more than just evaluating Berkshire Hathaway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hathaway is a good investment. Please check the relationship between Berkshire Hathaway Net Receivables and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Berkshire Hathaway Net Receivables account and
Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Berkshire Hathaway's Net Receivables and Property Plant Equipment is 0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Berkshire Hathaway, assuming nothing else is changed. The correlation between historical values of Berkshire Hathaway's Net Receivables and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Berkshire Hathaway are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Berkshire Hathaway's Net Receivables and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Berkshire Hathaway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hathaway 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 Berkshire Hathaway. 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 present, Berkshire Hathaway's
Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's
Enterprise Value is expected to grow to about 908.7
B, whereas
Selling General Administrative is forecasted to decline to about 5.2
B.
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.
Balance Sheet is a snapshot of the
financial position of Berkshire Hathaway at a specified time, usually calculated after every quarter, six months, or one year. Berkshire Hathaway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Berkshire Hathaway 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 Berkshire currently owns. An asset can also be divided into two categories, current and non-current.