Brightspire Net Debt vs Property Plant Equipment Analysis

BRSP Stock

USD 6.18 0.03 0.49%

Brightspire Capital financial indicator trend analysis is way more than just evaluating Brightspire Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brightspire Capital is a good investment. Please check the relationship between Brightspire Capital Net Debt and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brightspire Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Brightspire Stock, please use our How to Invest in Brightspire Capital guide.

Net Debt vs Property Plant Equipment

Net Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brightspire Capital Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Brightspire Capital's Net Debt and Property Plant Equipment is 0.96. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Brightspire Capital, assuming nothing else is changed. The correlation between historical values of Brightspire Capital's Net Debt 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 Debt of Brightspire Capital 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 Debt i.e., Brightspire Capital's Net Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant Equipment

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

To learn how to invest in Brightspire Stock, please use our How to Invest in Brightspire Capital guide.At this time, Brightspire Capital's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value Over EBITDA is likely to grow to 100.20, while Enterprise Value is likely to drop slightly above 3.4 B.

	2021	2022	2023	2024 (projected)
Gross Profit	191.9M	193.1M	192.2M	196.7M
Total Revenue	323.1M	358.5M	392.1M	359.2M

Gross Profit Total Revenue

Brightspire Capital fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Net Tangible Assets
Common Stock Shares Outstanding		-0.07	-0.03	-0.04	-0.29	-0.2	-0.56	0.05	-0.05	-0.05	0.23	-0.19	-0.16	0.09	-0.47	-0.04	0.01	-0.01	0.08	-0.03	0.05	-0.01	-0.39	-0.13	0.07	-0.35
Total Assets	-0.07		0.98	0.43	0.84	0.87	0.51	0.93	0.98	0.96	0.57	0.95	0.18	0.89	-0.13	0.98	0.25	0.71	0.92	0.98	-0.25	0.99	0.87	-0.7	0.83	0.9
Short Long Term Debt Total	-0.03	0.98		0.38	0.85	0.77	0.48	0.94	1.0	0.98	0.62	0.93	0.14	0.92	-0.21	0.99	0.25	0.72	0.95	1.0	-0.1	0.97	0.87	-0.82	0.86	0.89
Other Current Liab	-0.04	0.43	0.38		0.08	0.53	0.38	0.49	0.4	0.44	-0.12	0.61	0.65	0.27	0.43	0.43	0.08	-0.13	0.3	0.38	-0.09	0.32	0.25	-0.17	0.39	0.53
Total Current Liabilities	-0.29	0.84	0.85	0.08		0.68	0.51	0.8	0.86	0.83	0.44	0.8	-0.22	0.73	-0.02	0.79	0.07	0.63	0.8	0.85	-0.09	0.83	0.96	-0.65	0.73	0.84
Total Stockholder Equity	-0.2	0.87	0.77	0.53	0.68		0.58	0.74	0.78	0.75	0.26	0.86	0.28	0.62	0.17	0.77	0.12	0.52	0.66	0.77	-0.59	0.84	0.75	-0.28	0.61	0.83
Property Plant And Equipment Net	-0.56	0.51	0.48	0.38	0.51	0.58		0.29	0.51	0.5	-0.09	0.69	0.45	0.24	0.31	0.47	-0.09	0.32	0.26	0.48	0.08	0.4	0.62	-0.29	0.28	0.77
Current Deferred Revenue	0.05	0.93	0.94	0.49	0.8	0.74	0.29		0.94	0.95	0.52	0.89	0.07	0.86	-0.06	0.93	0.19	0.53	0.94	0.94	-0.14	0.91	0.81	-0.74	0.9	0.81
Net Debt	-0.05	0.98	1.0	0.4	0.86	0.78	0.51	0.94		0.98	0.57	0.95	0.16	0.89	-0.15	0.99	0.21	0.69	0.94	1.0	-0.09	0.97	0.88	-0.8	0.86	0.91
Accounts Payable	-0.05	0.96	0.98	0.44	0.83	0.75	0.5	0.95	0.98		0.5	0.94	0.19	0.84	-0.12	0.96	0.07	0.66	0.94	0.98	-0.07	0.93	0.85	-0.81	0.93	0.89
Cash	0.23	0.57	0.62	-0.12	0.44	0.26	-0.09	0.52	0.57	0.5		0.35	-0.25	0.86	-0.8	0.63	0.65	0.79	0.73	0.62	-0.1	0.66	0.33	-0.67	0.49	0.28
Non Current Assets Total	-0.19	0.95	0.93	0.61	0.8	0.86	0.69	0.89	0.95	0.94	0.35		0.33	0.77	0.1	0.93	0.14	0.53	0.82	0.93	-0.11	0.88	0.88	-0.66	0.79	0.98
Non Currrent Assets Other	-0.16	0.18	0.14	0.65	-0.22	0.28	0.45	0.07	0.16	0.19	-0.25	0.33		-0.03	0.31	0.23	0.01	-0.12	-0.02	0.14	0.02	0.09	0.03	0.01	0.01	0.31
Cash And Short Term Investments	0.09	0.89	0.92	0.27	0.73	0.62	0.24	0.86	0.89	0.84	0.86	0.77	-0.03		-0.46	0.92	0.53	0.76	0.94	0.92	-0.11	0.92	0.7	-0.82	0.77	0.7
Net Receivables	-0.47	-0.13	-0.21	0.43	-0.02	0.17	0.31	-0.06	-0.15	-0.12	-0.8	0.1	0.31	-0.46		-0.19	-0.34	-0.67	-0.36	-0.21	-0.03	-0.24	0.15	0.45	-0.21	0.2
Non Current Liabilities Total	-0.04	0.98	0.99	0.43	0.79	0.77	0.47	0.93	0.99	0.96	0.63	0.93	0.23	0.92	-0.19		0.32	0.68	0.94	0.99	-0.1	0.96	0.84	-0.8	0.83	0.88
Inventory	0.01	0.25	0.25	0.08	0.07	0.12	-0.09	0.19	0.21	0.07	0.65	0.14	0.01	0.53	-0.34	0.32		0.22	0.23	0.24	-0.07	0.29	0.12	-0.21	-0.1	0.13
Other Current Assets	-0.01	0.71	0.72	-0.13	0.63	0.52	0.32	0.53	0.69	0.66	0.79	0.53	-0.12	0.76	-0.67	0.68	0.22		0.76	0.72	-0.28	0.77	0.52	-0.63	0.63	0.49
Other Stockholder Equity	0.08	0.92	0.95	0.3	0.8	0.66	0.26	0.94	0.94	0.94	0.73	0.82	-0.02	0.94	-0.36	0.94	0.23	0.76		0.96	-0.13	0.94	0.75	-0.84	0.93	0.74
Total Liab	-0.03	0.98	1.0	0.38	0.85	0.77	0.48	0.94	1.0	0.98	0.62	0.93	0.14	0.92	-0.21	0.99	0.24	0.72	0.96		-0.1	0.97	0.87	-0.82	0.87	0.89
Property Plant And Equipment Gross	0.05	-0.25	-0.1	-0.09	-0.09	-0.59	0.08	-0.14	-0.09	-0.07	-0.1	-0.11	0.02	-0.11	-0.03	-0.1	-0.07	-0.28	-0.13	-0.1		-0.32	-0.08	-0.41	-0.08	-0.07
Total Current Assets	-0.01	0.99	0.97	0.32	0.83	0.84	0.4	0.91	0.97	0.93	0.66	0.88	0.09	0.92	-0.24	0.96	0.29	0.77	0.94	0.97	-0.32		0.83	-0.69	0.82	0.83
Short Term Debt	-0.39	0.87	0.87	0.25	0.96	0.75	0.62	0.81	0.88	0.85	0.33	0.88	0.03	0.7	0.15	0.84	0.12	0.52	0.75	0.87	-0.08	0.83		-0.61	0.68	0.93
Common Stock	-0.13	-0.7	-0.82	-0.17	-0.65	-0.28	-0.29	-0.74	-0.8	-0.81	-0.67	-0.66	0.01	-0.82	0.45	-0.8	-0.21	-0.63	-0.84	-0.82	-0.41	-0.69	-0.61		-0.79	-0.61
Other Liab	0.07	0.83	0.86	0.39	0.73	0.61	0.28	0.9	0.86	0.93	0.49	0.79	0.01	0.77	-0.21	0.83	-0.1	0.63	0.93	0.87	-0.08	0.82	0.68	-0.79		0.7
Net Tangible Assets	-0.35	0.9	0.89	0.53	0.84	0.83	0.77	0.81	0.91	0.89	0.28	0.98	0.31	0.7	0.2	0.88	0.13	0.49	0.74	0.89	-0.07	0.83	0.93	-0.61	0.7

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Brightspire Capital Account Relationship Matchups

Brightspire Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	128.4M	128.5M	128.5M	129.3M	127.1M	140.1M
Total Assets	7.4B	6.2B	5.6B	4.8B	4.2B	5.3B
Short Long Term Debt Total	5.0B	4.1B	4.0B	3.2B	2.7B	3.5B
Other Current Liab	194.4M	93.2M	(54.8M)	(41.3M)	125.9M	132.2M
Total Current Liabilities	1.3B	679.2M	1.0B	1.5B	174.9M	166.2M
Total Stockholder Equity	2.1B	1.7B	1.5B	1.4B	1.3B	1.6B
Property Plant And Equipment Net	25.5M	22.1M	25.0M	25.2M	22.1M	21.0M
Current Deferred Revenue	16.7M	9.1M	7.7M	7.7M	7.2M	8.4M
Net Debt	4.9B	3.6B	3.7B	2.9B	2.5B	3.3B
Accounts Payable	28.3M	15.1M	20.2M	15.1M	17.6M	18.1M
Cash	69.6M	474.8M	259.7M	306.3M	257.5M	200.8M
Non Current Assets Total	2.3B	1.3B	899.4M	822.8M	898.0M	1.3B
Non Currrent Assets Other	87.7M	60.9M	2.1M	(4.0B)	827.1M	868.5M
Cash And Short Term Investments	322.4M	485.2M	259.7M	306.3M	257.5M	268.4M
Net Receivables	2.6B	37.4M	54.5M	40.7M	41.5M	39.4M
Liabilities And Stockholders Equity	7.4B	6.2B	5.6B	4.8B	4.2B	5.3B
Non Current Liabilities Total	3.9B	3.6B	3.1B	1.9B	2.3B	2.7B
Other Current Assets	(242.1M)	2.6B	3.6B	3.6B	3.0B	2.0B
Other Stockholder Equity	3.7B	2.8B	2.9B	2.9B	2.9B	2.4B
Total Liab	5.2B	4.3B	4.1B	3.4B	2.9B	3.7B
Total Current Assets	5.1B	4.9B	4.7B	3.9B	3.3B	4.0B
Accumulated Other Comprehensive Income	28.3M	54.6M	8.8M	(676K)	(2.6M)	(2.4M)
Short Term Debt	1.1B	538.3M	760.6M	656.5M	3.5M	3.3M
Common Stock	1.3M	1.3M	1.3M	1.3M	1.3M	1.2M
Other Liab	118.6M	54.9M	79.6M	91.2M	104.9M	87.2M
Net Tangible Assets	2.0B	1.6B	1.5B	1.4B	1.2B	1.4B
Retained Earnings	(819.7M)	(1.2B)	(1.4B)	(1.5B)	(1.6B)	(1.5B)
Other Assets	1.9B	5.6B	1.9B	19.2M	(2.9M)	(2.7M)
Common Stock Total Equity	1.3M	1.3M	1.3M	1.3M	1.5M	1.2M
Deferred Long Term Liab	37.1M	23.6M	65.0M	17.4M	20.0M	34.4M
Net Invested Capital	7.1B	5.8B	5.4B	4.6B	4.0B	5.5B
Long Term Investments	595.3M	373.4M	20.6M	3.0M	2.3M	2.1M
Non Current Liabilities Other	25.2M	10.3M	856.7M	5.5M	6.0M	5.7M
Net Working Capital	3.9B	4.2B	3.7B	2.4B	3.1B	3.6B
Intangible Assets	84.1M	58.5M	49.8M	41.2M	46.5M	44.9M
Property Plant Equipment	1.5B	861.3M	783.2M	732.5M	659.2M	808.9M
Long Term Debt	3.9B	3.6B	2.3B	1.8B	2.7B	2.5B

Pair Trading with Brightspire Capital

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 Brightspire Capital 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 Brightspire Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brightspire Stock

0.64

Zillow Group

Pair Corr

Moving against Brightspire Stock

0.81	O	Realty Income	Pair Corr
0.7	ADC-PA	Agree Realty	Pair Corr
0.66	CKX	CKX Lands	Pair Corr
0.57	BHM	Bluerock Homes Trust	Pair Corr
0.53	VICI	VICI Properties	Pair Corr

The ability to find closely correlated positions to Brightspire Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brightspire Capital 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 Brightspire Capital - 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 Brightspire Capital to buy it.

The correlation of Brightspire Capital 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 Brightspire Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brightspire Capital 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 Brightspire Capital 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 Correlation Correlation Matching

Additional Tools for Brightspire Stock Analysis

When running Brightspire Capital's price analysis, check to measure Brightspire Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brightspire Capital is operating at the current time. Most of Brightspire Capital's value examination focuses on studying past and present price action to predict the probability of Brightspire Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightspire Capital's price. Additionally, you may evaluate how the addition of Brightspire Capital to your portfolios can decrease your overall portfolio volatility.

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