Brightsphere Accounts Payable vs Short Term Investments Analysis

BSIG Stock  USD 31.00  0.03  0.1%   
Brightsphere Investment financial indicator trend analysis is way more than just evaluating Brightsphere Investment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brightsphere Investment is a good investment. Please check the relationship between Brightsphere Investment Accounts Payable and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brightsphere Investment 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 gross domestic product.

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brightsphere Investment Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Brightsphere Investment's Accounts Payable and Short Term Investments is -0.32. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Brightsphere Investment Group, assuming nothing else is changed. The correlation between historical values of Brightsphere Investment's Accounts Payable 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 Accounts Payable of Brightsphere Investment Group 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 Accounts Payable i.e., Brightsphere Investment's Accounts Payable and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Brightsphere Investment obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Brightsphere Investment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Term Investments

Short Term Investments is an item under the current assets section of Brightsphere Investment balance sheet. It contains any investments Brightsphere Investment Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Brightsphere Investment can easily liquidate in the marketplace.
Most indicators from Brightsphere Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brightsphere Investment 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 Brightsphere Investment 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 gross domestic product.
At this time, Brightsphere Investment's Discontinued Operations is most likely to increase significantly in the upcoming years. The Brightsphere Investment's current Enterprise Value Over EBITDA is estimated to increase to 9.45, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense24.8M20.5M19.6M18.6M
Depreciation And Amortization373M248M17.3M16.4M

Brightsphere Investment fundamental ratios Correlations

0.620.560.310.58-0.36-0.790.47-0.370.540.240.630.560.240.550.520.060.59-0.10.560.490.63-0.910.5-0.520.72
0.620.990.010.01-0.84-0.660.87-0.56-0.080.350.970.970.350.36-0.050.441.0-0.220.980.851.0-0.650.87-0.810.25
0.560.99-0.04-0.09-0.89-0.620.9-0.57-0.170.340.950.950.340.34-0.120.461.0-0.150.980.880.99-0.590.91-0.810.15
0.310.01-0.040.720.25-0.2-0.30.410.44-0.360.160.15-0.360.090.04-0.2-0.05-0.550.07-0.31-0.01-0.27-0.29-0.220.33
0.580.01-0.090.720.35-0.49-0.330.180.86-0.30.160.11-0.30.350.59-0.41-0.06-0.46-0.02-0.30.0-0.62-0.32-0.060.8
-0.36-0.84-0.890.250.350.57-0.960.60.33-0.25-0.73-0.74-0.25-0.410.27-0.51-0.88-0.2-0.8-0.91-0.860.4-0.940.680.12
-0.79-0.66-0.62-0.2-0.490.57-0.550.35-0.460.15-0.66-0.630.15-0.66-0.26-0.01-0.640.06-0.55-0.51-0.670.83-0.530.57-0.51
0.470.870.9-0.3-0.33-0.96-0.55-0.65-0.30.370.730.730.370.34-0.120.50.90.280.820.980.88-0.50.99-0.69-0.03
-0.37-0.56-0.570.410.180.60.35-0.650.12-0.59-0.46-0.42-0.59-0.25-0.27-0.4-0.59-0.29-0.5-0.73-0.580.49-0.670.37-0.35
0.54-0.08-0.170.440.860.33-0.46-0.30.12-0.10.02-0.04-0.10.40.64-0.32-0.13-0.27-0.11-0.32-0.08-0.55-0.270.130.81
0.240.350.34-0.36-0.3-0.250.150.37-0.59-0.10.270.261.0-0.130.090.510.370.050.410.410.35-0.130.45-0.210.22
0.630.970.950.160.16-0.73-0.660.73-0.460.020.270.990.270.35-0.020.350.95-0.420.970.720.96-0.660.74-0.80.33
0.560.970.950.150.11-0.74-0.630.73-0.42-0.040.260.990.260.3-0.130.350.95-0.440.970.70.95-0.580.73-0.810.25
0.240.350.34-0.36-0.3-0.250.150.37-0.59-0.11.00.270.26-0.130.090.510.370.050.410.410.35-0.130.45-0.210.22
0.550.360.340.090.35-0.41-0.660.34-0.250.4-0.130.350.3-0.130.390.080.370.080.270.330.39-0.610.33-0.110.42
0.52-0.05-0.120.040.590.27-0.26-0.12-0.270.640.09-0.02-0.130.090.39-0.31-0.080.07-0.12-0.02-0.04-0.61-0.110.340.78
0.060.440.46-0.2-0.41-0.51-0.010.5-0.4-0.320.510.350.350.510.08-0.310.480.150.440.450.460.00.55-0.35-0.17
0.591.01.0-0.05-0.06-0.88-0.640.9-0.59-0.130.370.950.950.370.37-0.080.48-0.140.970.881.0-0.620.91-0.80.19
-0.1-0.22-0.15-0.55-0.46-0.20.060.28-0.29-0.270.05-0.42-0.440.050.080.070.15-0.14-0.310.3-0.170.070.260.18-0.29
0.560.980.980.07-0.02-0.8-0.550.82-0.5-0.110.410.970.970.410.27-0.120.440.97-0.310.80.98-0.570.83-0.790.2
0.490.850.88-0.31-0.3-0.91-0.510.98-0.73-0.320.410.720.70.410.33-0.020.450.880.30.80.87-0.540.98-0.680.04
0.631.00.99-0.010.0-0.86-0.670.88-0.58-0.080.350.960.950.350.39-0.040.461.0-0.170.980.87-0.660.89-0.80.24
-0.91-0.65-0.59-0.27-0.620.40.83-0.50.49-0.55-0.13-0.66-0.58-0.13-0.61-0.610.0-0.620.07-0.57-0.54-0.66-0.510.48-0.79
0.50.870.91-0.29-0.32-0.94-0.530.99-0.67-0.270.450.740.730.450.33-0.110.550.910.260.830.980.89-0.51-0.70.02
-0.52-0.81-0.81-0.22-0.060.680.57-0.690.370.13-0.21-0.8-0.81-0.21-0.110.34-0.35-0.80.18-0.79-0.68-0.80.48-0.7-0.12
0.720.250.150.330.80.12-0.51-0.03-0.350.810.220.330.250.220.420.78-0.170.19-0.290.20.040.24-0.790.02-0.12
Click cells to compare fundamentals

Brightsphere Investment Account Relationship Matchups

Brightsphere Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding91.3M82.0M80.5M43.2M42.5M78.7M
Total Assets1.4B1.4B714.8M518.7M611.4M580.8M
Short Long Term Debt Total708.8M502.2M472.5M349.3M346.3M329.0M
Other Current Liab50.3M30.2M147.6M121M(18.2M)(17.3M)
Total Current Liabilities203.2M41M36.3M35.9M2.6M2.5M
Total Stockholder Equity64.4M302.4M(17.6M)(21.6M)40.2M42.2M
Property Plant And Equipment Net65.8M162.3M115.3M107.6M101.4M71.6M
Net Debt457.5M100.3M220.4M240.9M198.7M188.8M
Retained Earnings(452.5M)(176.5M)(6.8M)(12.5M)46.9M49.2M
Accounts Payable225.3M12.9M6.7M5M8.8M8.4M
Cash111.3M401.9M252.1M108.4M147.6M167.5M
Non Current Assets Total1.1B853M290.7M273M317.7M301.8M
Non Currrent Assets Other94.6M50.6M28.2M30.1M142.1M135.0M
Cash And Short Term Investments111.3M401.9M252.1M108.4M147.6M167.5M
Net Receivables178.1M100.6M172M124.5M146.1M128.1M
Short Term Investments100K112M167M122.5M44.7M76.2M
Liabilities And Stockholders Equity1.4B1.4B714.8M518.7M611.4M580.8M
Non Current Liabilities Total1.1B953.8M696.1M504.4M559.3M531.3M
Inventory308.8M(180.9M)(171.7M)1.01.151.21
Other Current Assets(299.1M)452M171.7M12.8M(293.7M)(279.0M)
Other Stockholder Equity986.8M492.4M35.2M1.5M(46.9M)(44.6M)
Total Liab1.3B994.8M732.4M540.3M561.9M533.8M
Property Plant And Equipment Gross65.8M162.3M213.3M214.1M220.9M231.9M
Total Current Assets299.1M526.2M424.1M245.7M293.7M279.0M
Accumulated Other Comprehensive Income(17.5M)(13.6M)(10.8M)(10.6M)(6.7M)(7.0M)
Intangible Assets77.3M71.7M65.1M58.4M67.2M44.2M
Other Liab408.6M329.6M106.2M60.4M54.4M51.6M
Other Assets389.3M294.4M100.6M134.8M200K190K
Long Term Debt568.8M394.3M394.9M273.5M273.9M260.2M
Short Term Debt140M394.3M121.8M7.7M9.4M8.9M
Property Plant Equipment103.5M71.6M115.3M107.6M96.8M92.0M
Net Tangible Assets(275.3M)61.9M(37.9M)(41.9M)(48.2M)(50.6M)
Long Term Investments376.9M228.8M54.5M50.3M98.6M165.4M

Currently Active Assets on Macroaxis

When determining whether Brightsphere Investment is a strong investment it is important to analyze Brightsphere Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Brightsphere Investment's future performance. For an informed investment choice regarding Brightsphere Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brightsphere Investment 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 gross domestic product.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brightsphere Investment. If investors know Brightsphere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brightsphere Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
0.04
Earnings Share
1.64
Revenue Per Share
12.087
Quarterly Revenue Growth
0.147
The market value of Brightsphere Investment is measured differently than its book value, which is the value of Brightsphere that is recorded on the company's balance sheet. Investors also form their own opinion of Brightsphere Investment's value that differs from its market value or its book value, called intrinsic value, which is Brightsphere Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brightsphere Investment's market value can be influenced by many factors that don't directly affect Brightsphere Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brightsphere Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brightsphere Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brightsphere Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.