Burford Total Assets vs Net Debt Analysis
BUR Stock | 1,076 19.00 1.80% |
Burford Capital financial indicator trend analysis is way more than just evaluating Burford Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Burford Capital is a good investment. Please check the relationship between Burford Capital Total Assets and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Burford Capital Limited. 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. For information on how to trade Burford Stock refer to our How to Trade Burford Stock guide.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Burford Capital Total Assets account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Burford Capital's Total Assets and Net Debt is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Burford Capital Limited, assuming nothing else is changed. The correlation between historical values of Burford Capital's Total Assets and Net Debt 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 Assets of Burford Capital Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Burford Capital's Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Burford Capital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Burford Capital books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.Most indicators from Burford Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Burford 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 Burford Capital Limited. 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. For information on how to trade Burford Stock refer to our How to Trade Burford Stock guide.The current year's Tax Provision is expected to grow to about 21.1 M, whereas Selling General Administrative is forecasted to decline to about 21 M.
Burford Capital fundamental ratios Correlations
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Burford Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Burford Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 2.7B | 3.5B | 4.3B | 5.8B | 6.1B | |
Other Current Liab | (9.5M) | (9.6M) | (13.9M) | (19.4M) | (38.6M) | (36.7M) | |
Total Current Liabilities | 9.5M | 9.6M | 13.9M | 16.8M | 284.8M | 299.1M | |
Total Stockholder Equity | 1.5B | 1.7B | 1.6B | 1.7B | 2.3B | 2.4B | |
Other Liab | 263.9M | 297.9M | 489.8M | 632.2M | 727.0M | 763.4M | |
Net Debt | 488.6M | 359.1M | 854.2M | 1.2B | 1.3B | 1.4B | |
Retained Earnings | 899.1M | 1.1B | 922.5M | 1.1B | 1.6B | 1.7B | |
Accounts Payable | 9.5M | 9.6M | 13.9M | 16.8M | 34.4M | 17.5M | |
Cash | 186.6M | 322.2M | 180.3M | 107.7M | 220.5M | 142.7M | |
Non Current Assets Total | 2.3B | 2.3B | 3.2B | 4.0B | 10.4B | 10.9B | |
Other Assets | 29.9M | 22.4M | 15.2M | 23.0M | (5.2B) | (4.9B) | |
Cash And Short Term Investments | 186.6M | 322.2M | 180.3M | 107.7M | 328.1M | 180.7M | |
Common Stock Shares Outstanding | 219.6M | 219.6M | 219.0M | 221.8M | 223.0M | 230.1M | |
Short Term Investments | 69.3M | 16.6M | 175.3M | 136.4M | 107.6M | 76.0M | |
Liabilities And Stockholders Equity | 2.7B | 2.7B | 3.5B | 4.3B | 5.8B | 6.1B | |
Non Current Liabilities Total | 675.3M | 681.3M | 1.0B | 16.8M | 13.4M | 12.7M | |
Other Current Assets | 101.4M | 24.3M | 24.6M | 21.6M | 30.7M | 34.9M | |
Other Stockholder Equity | 37.5M | (35.3M) | (117.7M) | 22.6M | 32.1M | 33.7M | |
Total Liab | 1.1B | 1.0B | 1.6B | 1.9B | 2.6B | 2.8B | |
Total Current Assets | 344.0M | 364.1M | 286.7M | 245.5M | 619.2M | 650.1M | |
Non Currrent Assets Other | (2.3B) | (2.3B) | (3.2B) | (4.0B) | (5.3B) | (5.0B) | |
Property Plant And Equipment Net | 20.2M | 14.6M | 13.1M | 14.0M | 17.4M | 18.3M | |
Net Receivables | 157.4M | 27.0M | 82.6M | 112.8M | 260.4M | 273.4M | |
Property Plant And Equipment Gross | 1.9M | 20.2M | 14.6M | 21.1M | 24.3M | 25.5M | |
Property Plant Equipment | 1.9M | 20.2M | 14.6M | 13.1M | 15.0M | 15.8M | |
Net Tangible Assets | 1.4B | 1.6B | 1.4B | 1.6B | 1.8B | 1.0B | |
Long Term Investments | 2.1B | 2.2B | 3.1B | 3.9B | 5.2B | 5.4B | |
Accumulated Other Comprehensive Income | 37.5M | 5.1M | 2.9M | 47.0M | 7.3M | 6.9M | |
Short Long Term Debt Total | 675.3M | 681.3M | 1.0B | 1.3B | 1.6B | 1.6B | |
Good Will | 134.0M | 134.0M | 134.0M | 133.9M | 134.0M | 131.1M | |
Net Invested Capital | 2.2B | 2.4B | 2.6B | 3.0B | 3.8B | 2.9B |
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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.Other Information on Investing in Burford Stock
Balance Sheet is a snapshot of the financial position of Burford Capital at a specified time, usually calculated after every quarter, six months, or one year. Burford Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Burford Capital 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 Burford currently owns. An asset can also be divided into two categories, current and non-current.