Berkshire Total Current Assets vs Inventory Analysis

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 Total Current Assets and its Inventory 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.

Total Current Assets vs Inventory

Total Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hathaway Total Current Assets account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Berkshire Hathaway's Total Current Assets and Inventory is 0.98. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Inventory 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 Total Current Assets and Inventory 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 Berkshire Hathaway are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Assets i.e., Berkshire Hathaway's Total Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Inventory

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.
 2021 2022 2023 2024 (projected)
Gross Profit240.5B109.9B123.2B105.5B
Total Revenue276.1B302.1B364.5B382.7B

Berkshire Hathaway fundamental ratios Correlations

-0.89-0.80.63-0.04-0.9-0.82-0.67-0.94-0.58-0.28-0.140.55-0.7-0.85-0.88-0.820.89-0.86-0.79-0.82-0.41-0.71-0.8-0.860.66
-0.890.97-0.50.251.00.980.780.970.730.380.35-0.420.610.980.980.82-0.650.990.890.980.70.770.880.98-0.68
-0.80.97-0.380.360.950.990.820.890.790.390.44-0.330.510.930.950.75-0.50.990.820.970.80.760.830.96-0.59
0.63-0.5-0.380.65-0.53-0.42-0.5-0.59-0.080.20.630.88-0.98-0.52-0.42-0.890.7-0.45-0.46-0.370.04-0.74-0.65-0.430.73
-0.040.250.360.650.210.330.140.120.50.430.880.53-0.520.190.33-0.250.210.30.190.380.6-0.130.010.320.08
-0.91.00.95-0.530.210.960.770.980.690.370.32-0.430.640.990.970.82-0.690.980.910.980.660.750.880.97-0.72
-0.820.980.99-0.420.330.960.780.90.780.430.4-0.390.550.930.960.78-0.510.990.840.970.780.790.820.96-0.63
-0.670.780.82-0.50.140.770.780.740.55-0.210.13-0.340.60.780.80.73-0.520.80.680.780.590.660.90.84-0.58
-0.940.970.89-0.590.120.980.90.740.610.30.24-0.450.680.970.940.83-0.80.930.910.940.540.70.880.95-0.73
-0.580.730.79-0.080.50.690.780.550.610.50.58-0.170.190.650.760.42-0.210.770.550.730.910.660.560.74-0.26
-0.280.380.390.20.430.370.43-0.210.30.50.580.02-0.130.310.330.070.010.40.290.390.460.22-0.050.29-0.04
-0.140.350.440.630.880.320.40.130.240.580.580.59-0.530.30.41-0.250.140.380.310.460.66-0.130.060.40.23
0.55-0.42-0.330.880.53-0.43-0.39-0.34-0.45-0.170.020.59-0.89-0.38-0.35-0.810.52-0.4-0.32-0.270.02-0.79-0.53-0.320.67
-0.70.610.51-0.98-0.520.640.550.60.680.19-0.13-0.53-0.890.620.540.95-0.710.580.540.50.080.810.740.55-0.8
-0.850.980.93-0.520.190.990.930.780.970.650.310.3-0.380.620.940.8-0.670.950.950.970.650.710.910.96-0.73
-0.880.980.95-0.420.330.970.960.80.940.760.330.41-0.350.540.940.75-0.630.980.870.960.720.720.860.99-0.61
-0.820.820.75-0.89-0.250.820.780.730.830.420.07-0.25-0.810.950.80.75-0.720.80.690.730.350.90.840.76-0.84
0.89-0.65-0.50.70.21-0.69-0.51-0.52-0.8-0.210.010.140.52-0.71-0.67-0.63-0.72-0.59-0.65-0.58-0.03-0.47-0.67-0.630.66
-0.860.990.99-0.450.30.980.990.80.930.770.40.38-0.40.580.950.980.8-0.590.860.970.750.780.860.98-0.64
-0.790.890.82-0.460.190.910.840.680.910.550.290.31-0.320.540.950.870.69-0.650.860.90.560.580.860.88-0.7
-0.820.980.97-0.370.380.980.970.780.940.730.390.46-0.270.50.970.960.73-0.580.970.90.760.680.850.98-0.66
-0.410.70.80.040.60.660.780.590.540.910.460.660.020.080.650.720.35-0.030.750.560.760.570.530.73-0.23
-0.710.770.76-0.74-0.130.750.790.660.70.660.22-0.13-0.790.810.710.720.9-0.470.780.580.680.570.740.71-0.69
-0.80.880.83-0.650.010.880.820.90.880.56-0.050.06-0.530.740.910.860.84-0.670.860.860.850.530.740.88-0.74
-0.860.980.96-0.430.320.970.960.840.950.740.290.4-0.320.550.960.990.76-0.630.980.880.980.730.710.88-0.62
0.66-0.68-0.590.730.08-0.72-0.63-0.58-0.73-0.26-0.040.230.67-0.8-0.73-0.61-0.840.66-0.64-0.7-0.66-0.23-0.69-0.74-0.62
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Berkshire Hathaway Account Relationship Matchups

Berkshire Hathaway fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.6M1.5M1.5M1.5M1.4M1.4M
Total Assets817.7B873.7B958.8B948.5B1.1T1.1T
Short Long Term Debt Total103.4B116.9B114.3B122.7B128.3B134.7B
Other Current Liab8.1B5.6B4.5B8.6B(54.7B)(52.0B)
Total Current Liabilities44.4B45.6B45.2B62.5B8.3B7.8B
Total Stockholder Equity424.8B443.2B506.2B472.4B561.3B589.3B
Property Plant And Equipment Net174.3B187.0B191.3B197.0B216.6B227.4B
Net Debt39.2B68.9B26.1B86.9B90.2B94.8B
Retained Earnings402.5B444.6B534.4B511.6B607.4B637.7B
Accounts Payable36.4B40.0B40.7B44.6B49.4B25.2B
Cash64.2B48.0B88.2B35.8B38.0B31.5B
Non Current Assets Total572.1B610.3B676.8B666.2B93.0B88.4B
Non Currrent Assets Other(66.8B)(74.1B)(90.2B)(77.0B)(866.8B)(823.5B)
Other Assets61.4B69.4B73.9B78.8B765.1B803.4B
Cash And Short Term Investments128.0B138.3B146.7B128.6B167.6B176.0B
Net Receivables35.8B35.9B39.6B48.3B44.2B46.4B
Liabilities And Stockholders Equity817.7B873.7B958.8B948.5B1.1T1.1T
Non Current Liabilities Total170.8B187.6B202.2B197.3B491.0B515.5B
Other Stockholder Equity27.5B2.8B(24.2B)(32.7B)(42.3B)(40.2B)
Total Liab389.2B422.4B443.9B467.8B499.2B524.2B
Property Plant And Equipment Gross158.2B166.7B174.3B187.0B215.1B225.8B
Total Current Assets184.3B194.0B208.1B203.4B211.8B222.4B
Good Will81.9B73.7B73.9B78.1B84.6B50.3B
Short Term Investments63.8B90.3B58.5B92.8B129.6B136.1B
Inventory19.9B19.2B21.0B25.4B24.2B25.4B
Other Current Assets20.5B19.9B21.8B26.5B(24.2B)(23.0B)
Accumulated Other Comprehensive Income(5.2B)(4.2B)(4.0B)(6.6B)(3.8B)(3.6B)
Short Term Debt4.7B3.3B2.4B2.4B5.3B5.6B
Intangible Assets31.6B30.7B28.5B29.2B29.3B27.0B
Net Tangible Assets311.9B340.0B402.7B363.8B418.3B272.0B
Current Deferred Revenue(4.7B)(3.3B)(2.4B)6.8B8.3B8.7B
Noncontrolling Interest In Consolidated Entity3.8B3.8B8.2B8.7B10.0B10.5B
Long Term Debt968M113.5B111.9B120.3B122.9B129.1B
Retained Earnings Total Equity321.1B402.5B444.6B534.4B614.6B645.3B
Long Term Debt Total968M113.5B111.9B120.3B138.4B145.3B
Capital Surpluse35.7B35.6B35.6B35.2B31.7B28.6B
Long Term Investments53.7B37.7B443.1B454.7B536.3B563.1B
Treasury Stock(3.1B)(8.1B)(32.9B)(59.8B)(53.8B)(51.1B)

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Other Information on Investing in Berkshire Stock

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.