BSR Accounts Payable vs Non Currrent Assets Other Analysis
HOM-UN Stock | CAD 18.29 0.15 0.81% |
BSR Real financial indicator trend analysis is way more than just evaluating BSR Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BSR Real Estate is a good investment. Please check the relationship between BSR Real Accounts Payable and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BSR Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Accounts Payable vs Non Currrent Assets Other
Accounts Payable vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BSR Real Estate Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between BSR Real's Accounts Payable and Non Currrent Assets Other is 0.07. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of BSR Real Estate, assuming nothing else is changed. The correlation between historical values of BSR Real's Accounts Payable and Non Currrent Assets Other 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 BSR Real Estate are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., BSR Real's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents BSR Real 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 BSR Real Estate 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.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from BSR Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BSR Real Estate 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BSR Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. As of November 27, 2024, Selling General Administrative is expected to decline to about 7.6 M. Issuance Of Capital Stock is expected to grow at the current pace this year
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 65.7M | 85.5M | 91.1M | 63.7M | Total Revenue | 119.6M | 158.5M | 167.8M | 118.5M |
BSR Real fundamental ratios Correlations
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BSR Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BSR Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.1B | 1.9B | 2.1B | 1.8B | 1.4B | |
Short Long Term Debt Total | 542.5M | 517.8M | 878.3M | 769.3M | 813.1M | 652.2M | |
Other Current Liab | 24.2M | 26.1M | 32.8M | 47.8M | 51.3M | 29.2M | |
Total Current Liabilities | 40.8M | 72.0M | 37.7M | 52.2M | 55.6M | 46.6M | |
Total Stockholder Equity | 285.0M | 318.7M | 666.6M | 975.7M | 712.4M | 478.8M | |
Net Debt | 505.5M | 512.6M | 871.4M | 762.1M | 806.4M | 639.2M | |
Accounts Payable | 1.3M | 566K | 839K | 543K | 526K | 576.6K | |
Cash | 37.0M | 5.3M | 6.8M | 7.2M | 6.7M | 9.4M | |
Non Current Assets Total | 1.1B | 1.1B | 1.9B | 2.0B | 1.8B | 1.3B | |
Non Currrent Assets Other | 1.1B | 1.1B | 1.9B | 2.0B | 1.8B | 970.1M | |
Cash And Short Term Investments | 37.0M | 5.3M | 6.8M | 7.2M | 6.7M | 9.4M | |
Net Receivables | 2.9M | 2.1M | 4.2M | 3.2M | 4.0M | 2.5M | |
Liabilities And Stockholders Equity | 1.1B | 1.1B | 1.9B | 2.1B | 1.8B | 1.4B | |
Non Current Liabilities Total | 796.9M | 723.0M | 1.2B | 1.0B | 1.1B | 836.4M | |
Other Current Assets | 1.2M | 1.2M | 2.2M | 2.0M | 1.6M | 1.5M | |
Total Liab | 837.7M | 795.0M | 1.3B | 1.1B | 1.1B | 883.0M | |
Total Current Assets | 55.0M | 19.9M | 21.1M | 31.4M | 35.8M | 32.6M | |
Short Term Debt | 13.7M | 43.9M | 1.7M | 1.8M | 1.8M | 1.7M | |
Common Stock | 194.3M | 200.3M | 265.0M | 349.5M | 295.4M | 259.7M | |
Net Tangible Assets | 285.0M | 318.7M | 666.6M | 975.7M | 1.1B | 1.2B | |
Other Assets | 10.2M | 12.3M | 8.7M | 6.4M | 7.3M | 9.4M | |
Property Plant Equipment | 1.1B | 1.1B | 1.9B | 2.0B | 2.3B | 1.3B | |
Current Deferred Revenue | 1.7M | 1.5M | 2.3M | 2.1M | 2.0M | 2.1M | |
Retained Earnings | 76.4M | 92.3M | 360.4M | 566.7M | 338.7M | 288.4M | |
Long Term Debt | 528.6M | 473.8M | 876.5M | 767.2M | 811.1M | 713.2M | |
Inventory | 13.9M | 11.4M | 7.9M | 19.0M | 23.5M | 16.3M | |
Other Stockholder Equity | (285.0M) | (318.7M) | (666.6M) | (975.7M) | (338.7M) | (355.6M) | |
Net Invested Capital | 827.3M | 836.3M | 1.5B | 1.7B | 1.5B | 1.3B | |
Short Long Term Debt | 13.7M | 43.9M | 1.7M | 1.8M | 1.8M | 1.7M | |
Accumulated Other Comprehensive Income | 90.7M | 118.3M | 401.5M | 626.3M | 417.0M | 303.2M | |
Non Current Liabilities Other | 267.1M | 244.2M | 366.4M | 267.8M | 240.7M | 288.8M | |
Net Working Capital | 14.1M | (52.1M) | (16.5M) | (20.8M) | (19.9M) | (20.9M) |
Pair Trading with BSR Real
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 BSR Real 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 BSR Real will appreciate offsetting losses from the drop in the long position's value.Moving against BSR Stock
The ability to find closely correlated positions to BSR Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BSR Real 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 BSR Real - 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 BSR Real Estate to buy it.
The correlation of BSR Real 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 BSR Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BSR Real Estate 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 BSR Real 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.Other Information on Investing in BSR Stock
Balance Sheet is a snapshot of the financial position of BSR Real Estate at a specified time, usually calculated after every quarter, six months, or one year. BSR Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BSR Real 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 BSR currently owns. An asset can also be divided into two categories, current and non-current.