Brilliant Other Current Assets vs Cash And Short Term Investments Analysis

BRLT Stock

USD 1.72 0.07 4.24%

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

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brilliant Earth Group Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Brilliant Earth's Other Current Assets and Cash And Short Term Investments is 0.84. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Brilliant Earth Group, assuming nothing else is changed. The correlation between historical values of Brilliant Earth's Other Current Assets and Cash 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 Other Current Assets of Brilliant Earth Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Brilliant Earth's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

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Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Brilliant Earth Group balance sheet. This account contains Brilliant Earth investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Brilliant Earth Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Brilliant Earth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brilliant Earth Group 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 Brilliant Earth Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Tax Provision is likely to gain to about (416.1 K) in 2024. Selling General Administrative is likely to drop to about 86.2 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	860K	5.2M	8.9M	9.3M
Interest Income	7.6M	4.7M	5.4M	5.3M

Depreciation And Amortization Interest Income

Brilliant Earth fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.93	1.0	0.95	0.98	0.96	0.98	0.85	0.99	-0.87	-0.34	0.98	0.87	0.84	0.92	0.68	0.98	-0.86	0.98	0.44	0.73	-0.7	0.98	0.89	0.98	0.6
Short Long Term Debt Total	0.93		0.92	0.82	0.88	0.84	0.88	0.88	0.91	-0.67	-0.49	0.87	0.89	0.83	0.91	0.9	0.87	-0.89	0.88	0.46	0.93	-0.44	0.94	0.85	0.9	0.83
Other Current Liab	1.0	0.92		0.94	0.97	0.95	0.97	0.86	0.99	-0.86	-0.39	0.97	0.88	0.82	0.92	0.67	0.97	-0.86	0.97	0.43	0.73	-0.68	0.98	0.87	0.97	0.6
Total Current Liabilities	0.95	0.82	0.94		0.97	0.99	0.97	0.72	0.98	-0.97	-0.13	0.99	0.75	0.71	0.82	0.53	0.99	-0.69	0.98	0.45	0.56	-0.87	0.89	0.79	0.97	0.4
Total Stockholder Equity	0.98	0.88	0.97	0.97		0.96	1.0	0.86	0.99	-0.92	-0.29	0.98	0.88	0.79	0.93	0.62	0.98	-0.84	1.0	0.58	0.65	-0.8	0.95	0.86	1.0	0.55
Other Liab	0.96	0.84	0.95	0.99	0.96		0.96	0.71	0.98	-0.96	-0.16	0.99	0.73	0.7	0.81	0.56	0.99	-0.68	0.96	0.4	0.61	-0.83	0.89	0.77	0.96	0.42
Net Tangible Assets	0.98	0.88	0.97	0.97	1.0	0.96		0.86	0.99	-0.92	-0.29	0.98	0.88	0.79	0.93	0.62	0.98	-0.84	1.0	0.58	0.65	-0.8	0.95	0.86	1.0	0.55
Property Plant And Equipment Net	0.85	0.88	0.86	0.72	0.86	0.71	0.86		0.82	-0.59	-0.67	0.77	1.0	0.77	0.99	0.73	0.77	-0.98	0.85	0.7	0.76	-0.44	0.9	0.8	0.85	0.82
Current Deferred Revenue	0.99	0.91	0.99	0.98	0.99	0.98	0.99	0.82		-0.91	-0.28	1.0	0.84	0.79	0.9	0.66	1.0	-0.8	0.99	0.47	0.7	-0.76	0.95	0.85	0.99	0.55
Net Debt	-0.87	-0.67	-0.86	-0.97	-0.92	-0.96	-0.92	-0.59	-0.91		-0.05	-0.94	-0.62	-0.61	-0.72	-0.35	-0.94	0.55	-0.92	-0.43	-0.37	0.95	-0.78	-0.7	-0.91	-0.2
Accounts Payable	-0.34	-0.49	-0.39	-0.13	-0.29	-0.16	-0.29	-0.67	-0.28	-0.05		-0.18	-0.64	-0.21	-0.56	-0.46	-0.18	0.61	-0.27	-0.34	-0.6	-0.19	-0.42	-0.21	-0.28	-0.71
Cash	0.98	0.87	0.97	0.99	0.98	0.99	0.98	0.77	1.0	-0.94	-0.18		0.79	0.77	0.86	0.62	1.0	-0.75	0.98	0.45	0.65	-0.81	0.93	0.84	0.99	0.48
Non Current Assets Total	0.87	0.89	0.88	0.75	0.88	0.73	0.88	1.0	0.84	-0.62	-0.64	0.79		0.79	0.99	0.73	0.79	-0.98	0.87	0.7	0.76	-0.47	0.91	0.82	0.87	0.8
Non Currrent Assets Other	0.84	0.83	0.82	0.71	0.79	0.7	0.79	0.77	0.79	-0.61	-0.21	0.77	0.79		0.81	0.71	0.77	-0.87	0.79	0.33	0.68	-0.42	0.9	0.99	0.79	0.62
Other Assets	0.92	0.91	0.92	0.82	0.93	0.81	0.93	0.99	0.9	-0.72	-0.56	0.86	0.99	0.81		0.71	0.86	-0.96	0.93	0.68	0.74	-0.58	0.94	0.85	0.93	0.75
Long Term Debt	0.68	0.9	0.67	0.53	0.62	0.56	0.62	0.73	0.66	-0.35	-0.46	0.62	0.73	0.71	0.71		0.62	-0.76	0.62	0.41	0.97	-0.1	0.73	0.69	0.65	0.93
Cash And Short Term Investments	0.98	0.87	0.97	0.99	0.98	0.99	0.98	0.77	1.0	-0.94	-0.18	1.0	0.79	0.77	0.86	0.62		-0.75	0.98	0.45	0.65	-0.81	0.93	0.84	0.99	0.48
Net Receivables	-0.86	-0.89	-0.86	-0.69	-0.84	-0.68	-0.84	-0.98	-0.8	0.55	0.61	-0.75	-0.98	-0.87	-0.96	-0.76	-0.75		-0.83	-0.59	-0.78	0.37	-0.92	-0.88	-0.83	-0.82
Common Stock Total Equity	0.98	0.88	0.97	0.98	1.0	0.96	1.0	0.85	0.99	-0.92	-0.27	0.98	0.87	0.79	0.93	0.62	0.98	-0.83		0.57	0.64	-0.8	0.95	0.86	1.0	0.54
Common Stock Shares Outstanding	0.44	0.46	0.43	0.45	0.58	0.4	0.58	0.7	0.47	-0.43	-0.34	0.45	0.7	0.33	0.68	0.41	0.45	-0.59	0.57		0.33	-0.47	0.43	0.36	0.58	0.54
Long Term Debt Total	0.73	0.93	0.73	0.56	0.65	0.61	0.65	0.76	0.7	-0.37	-0.6	0.65	0.76	0.68	0.74	0.97	0.65	-0.78	0.64	0.33		-0.1	0.77	0.67	0.67	0.93
Non Current Liabilities Total	-0.7	-0.44	-0.68	-0.87	-0.8	-0.83	-0.8	-0.44	-0.76	0.95	-0.19	-0.81	-0.47	-0.42	-0.58	-0.1	-0.81	0.37	-0.8	-0.47	-0.1		-0.59	-0.52	-0.79	0.02
Inventory	0.98	0.94	0.98	0.89	0.95	0.89	0.95	0.9	0.95	-0.78	-0.42	0.93	0.91	0.9	0.94	0.73	0.93	-0.92	0.95	0.43	0.77	-0.59		0.93	0.95	0.67
Other Current Assets	0.89	0.85	0.87	0.79	0.86	0.77	0.86	0.8	0.85	-0.7	-0.21	0.84	0.82	0.99	0.85	0.69	0.84	-0.88	0.86	0.36	0.67	-0.52	0.93		0.85	0.59
Other Stockholder Equity	0.98	0.9	0.97	0.97	1.0	0.96	1.0	0.85	0.99	-0.91	-0.28	0.99	0.87	0.79	0.93	0.65	0.99	-0.83	1.0	0.58	0.67	-0.79	0.95	0.85		0.57
Total Liab	0.6	0.83	0.6	0.4	0.55	0.42	0.55	0.82	0.55	-0.2	-0.71	0.48	0.8	0.62	0.75	0.93	0.48	-0.82	0.54	0.54	0.93	0.02	0.67	0.59	0.57

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Brilliant Other Current Assets vs Cash And Short Term Investments Analysis

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Other Current Assets

Cash And Short Term Investments

Brilliant Earth fundamental ratios Correlations

Brilliant Earth Account Relationship Matchups

High Positive Relationship

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Other Current Liab	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Common Stock Total Equity	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Common Stock Total Equity	+ 1.0	Net Tangible Assets
Other Stockholder Equity	+ 1.0	Net Tangible Assets

Net Receivables	- 0.98	Non Current Assets Total
Net Receivables	- 0.98	Property Plant And Equipment Net
Net Debt	- 0.97	Total Current Liabilities
Net Receivables	- 0.96	Other Assets
Net Debt	- 0.96	Other Liab
Cash And Short Term Investments	- 0.94	Net Debt