Burford Total Current Assets vs Common Stock Shares Outstanding 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 Current Assets and its Common Stock Shares Outstanding 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 Current Assets vs Common Stock Shares Outstanding

Total Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Burford Capital Total Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Burford Capital's Total Current Assets and Common Stock Shares Outstanding is 0.68. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Current Assets and Common Stock Shares Outstanding 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 Burford Capital Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Assets i.e., Burford Capital's Total Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

-0.390.760.980.980.980.980.180.560.94-0.770.510.770.720.040.190.260.040.990.86-0.570.78-1.00.870.760.93
-0.39-0.56-0.34-0.32-0.28-0.34-0.95-0.3-0.440.43-0.13-0.19-0.350.30.170.11-0.03-0.42-0.350.02-0.180.39-0.26-0.31-0.3
0.76-0.560.670.710.710.710.380.240.93-0.980.380.310.46-0.02-0.28-0.020.260.770.79-0.290.28-0.730.540.760.6
0.98-0.340.670.940.931.00.140.70.88-0.680.60.850.74-0.050.340.390.030.960.88-0.630.87-0.970.910.730.93
0.98-0.320.710.940.990.950.110.460.92-0.730.430.740.70.130.160.16-0.040.970.77-0.560.74-0.990.860.680.94
0.98-0.280.710.930.990.930.070.430.91-0.730.40.720.690.170.150.210.020.960.77-0.540.73-0.980.830.730.91
0.98-0.340.711.00.950.930.130.680.91-0.720.60.820.73-0.050.290.330.030.960.88-0.60.83-0.970.90.730.92
0.18-0.950.380.140.110.070.130.220.21-0.230.120.10.18-0.25-0.18-0.19-0.020.210.160.090.06-0.190.090.110.11
0.56-0.30.240.70.460.430.680.220.4-0.220.720.80.54-0.420.660.55-0.130.530.65-0.410.82-0.560.580.380.51
0.94-0.440.930.880.920.910.910.210.4-0.940.460.570.620.03-0.040.130.160.940.87-0.480.57-0.930.760.810.83
-0.770.43-0.98-0.68-0.73-0.73-0.72-0.23-0.22-0.94-0.39-0.33-0.45-0.020.27-0.01-0.28-0.77-0.790.32-0.290.74-0.55-0.78-0.61
0.51-0.130.380.60.430.40.60.120.720.46-0.390.640.520.060.40.32-0.020.490.74-0.330.61-0.480.490.40.44
0.77-0.190.310.850.740.720.820.10.80.57-0.330.640.62-0.030.560.51-0.10.770.67-0.680.98-0.790.790.530.79
0.72-0.350.460.740.70.690.730.180.540.62-0.450.520.620.190.290.21-0.130.710.68-0.380.66-0.720.70.510.71
0.040.3-0.02-0.050.130.17-0.05-0.25-0.420.03-0.020.06-0.030.19-0.1-0.36-0.260.08-0.04-0.12-0.06-0.040.02-0.020.12
0.190.17-0.280.340.160.150.29-0.180.66-0.040.270.40.560.29-0.10.55-0.530.150.2-0.210.61-0.20.360.00.3
0.260.11-0.020.390.160.210.33-0.190.550.13-0.010.320.510.21-0.360.550.360.240.46-0.310.56-0.250.280.540.2
0.04-0.030.260.03-0.040.020.03-0.02-0.130.16-0.28-0.02-0.1-0.13-0.26-0.530.360.040.23-0.01-0.11-0.01-0.050.47-0.12
0.99-0.420.770.960.970.960.960.210.530.94-0.770.490.770.710.080.150.240.040.85-0.670.78-0.980.860.770.93
0.86-0.350.790.880.770.770.880.160.650.87-0.790.740.670.68-0.040.20.460.230.85-0.520.69-0.820.70.870.7
-0.570.02-0.29-0.63-0.56-0.54-0.60.09-0.41-0.480.32-0.33-0.68-0.38-0.12-0.21-0.31-0.01-0.67-0.52-0.710.57-0.63-0.5-0.64
0.78-0.180.280.870.740.730.830.060.820.57-0.290.610.980.66-0.060.610.56-0.110.780.69-0.71-0.80.820.540.8
-1.00.39-0.73-0.97-0.99-0.98-0.97-0.19-0.56-0.930.74-0.48-0.79-0.72-0.04-0.2-0.25-0.01-0.98-0.820.57-0.8-0.87-0.73-0.94
0.87-0.260.540.910.860.830.90.090.580.76-0.550.490.790.70.020.360.28-0.050.860.7-0.630.82-0.870.540.97
0.76-0.310.760.730.680.730.730.110.380.81-0.780.40.530.51-0.020.00.540.470.770.87-0.50.54-0.730.540.58
0.93-0.30.60.930.940.910.920.110.510.83-0.610.440.790.710.120.30.2-0.120.930.7-0.640.8-0.940.970.58
Click cells to compare fundamentals

Burford Capital Account Relationship Matchups

Burford Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.7B3.5B4.3B5.8B6.1B
Other Current Liab(9.5M)(9.6M)(13.9M)(19.4M)(38.6M)(36.7M)
Total Current Liabilities9.5M9.6M13.9M16.8M284.8M299.1M
Total Stockholder Equity1.5B1.7B1.6B1.7B2.3B2.4B
Other Liab263.9M297.9M489.8M632.2M727.0M763.4M
Net Debt488.6M359.1M854.2M1.2B1.3B1.4B
Retained Earnings899.1M1.1B922.5M1.1B1.6B1.7B
Accounts Payable9.5M9.6M13.9M16.8M34.4M17.5M
Cash186.6M322.2M180.3M107.7M220.5M142.7M
Non Current Assets Total2.3B2.3B3.2B4.0B10.4B10.9B
Other Assets29.9M22.4M15.2M23.0M(5.2B)(4.9B)
Cash And Short Term Investments186.6M322.2M180.3M107.7M328.1M180.7M
Common Stock Shares Outstanding219.6M219.6M219.0M221.8M223.0M230.1M
Short Term Investments69.3M16.6M175.3M136.4M107.6M76.0M
Liabilities And Stockholders Equity2.7B2.7B3.5B4.3B5.8B6.1B
Non Current Liabilities Total675.3M681.3M1.0B16.8M13.4M12.7M
Other Current Assets101.4M24.3M24.6M21.6M30.7M34.9M
Other Stockholder Equity37.5M(35.3M)(117.7M)22.6M32.1M33.7M
Total Liab1.1B1.0B1.6B1.9B2.6B2.8B
Total Current Assets344.0M364.1M286.7M245.5M619.2M650.1M
Non Currrent Assets Other(2.3B)(2.3B)(3.2B)(4.0B)(5.3B)(5.0B)
Property Plant And Equipment Net20.2M14.6M13.1M14.0M17.4M18.3M
Net Receivables157.4M27.0M82.6M112.8M260.4M273.4M
Property Plant And Equipment Gross1.9M20.2M14.6M21.1M24.3M25.5M
Property Plant Equipment1.9M20.2M14.6M13.1M15.0M15.8M
Net Tangible Assets1.4B1.6B1.4B1.6B1.8B1.0B
Long Term Investments2.1B2.2B3.1B3.9B5.2B5.4B
Accumulated Other Comprehensive Income37.5M5.1M2.9M47.0M7.3M6.9M
Short Long Term Debt Total675.3M681.3M1.0B1.3B1.6B1.6B
Good Will134.0M134.0M134.0M133.9M134.0M131.1M
Net Invested Capital2.2B2.4B2.6B3.0B3.8B2.9B

Also Currently Popular

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.