Burford Total Current Liabilities vs Net Receivables 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 Liabilities and its Net Receivables 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 Liabilities vs Net Receivables
Total Current Liabilities vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Burford Capital Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Burford Capital's Total Current Liabilities and Net Receivables is 0.76. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables 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 Liabilities and Net Receivables 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 Liabilities of Burford Capital Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Burford Capital's Total Current Liabilities and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Burford Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Burford Capital Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Receivables
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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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.