BSR Retained Earnings vs Total Current Liabilities Analysis

HOM-UN Stock  CAD 18.15  0.08  0.44%   
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 Retained Earnings and its Total Current Liabilities 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.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BSR Real Estate Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between BSR Real's Retained Earnings and Total Current Liabilities is 0.36. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of BSR Real Estate are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., BSR Real's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

Total Current Liabilities is an item on BSR Real balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BSR Real Estate 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.
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 23, 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 Profit65.7M85.5M91.1M63.7M
Total Revenue119.6M158.5M167.8M118.5M

BSR Real fundamental ratios Correlations

0.980.950.680.97-0.740.98-0.04-0.381.00.96-0.380.940.870.98-0.790.980.09-0.110.82-0.830.84-0.170.970.760.85
0.980.910.580.93-0.721.00.0-0.390.980.94-0.390.920.910.98-0.710.970.06-0.220.82-0.760.84-0.180.970.830.81
0.950.910.730.94-0.750.91-0.09-0.360.950.94-0.360.890.890.91-0.770.910.19-0.080.81-0.810.87-0.160.970.620.8
0.680.580.730.61-0.550.59-0.15-0.390.680.67-0.390.760.620.68-0.90.71-0.010.590.44-0.90.550.220.650.160.36
0.970.930.940.61-0.660.93-0.14-0.440.970.91-0.440.840.780.9-0.670.90.05-0.20.87-0.720.85-0.330.950.760.93
-0.74-0.72-0.75-0.55-0.66-0.7-0.2-0.01-0.74-0.88-0.01-0.73-0.81-0.770.7-0.77-0.350.13-0.520.7-0.68-0.41-0.72-0.47-0.53
0.981.00.910.590.93-0.7-0.03-0.420.980.93-0.420.920.910.97-0.710.970.02-0.210.82-0.760.84-0.190.970.830.82
-0.040.0-0.09-0.15-0.14-0.2-0.030.7-0.040.070.70.090.010.060.010.050.56-0.110.00.01-0.240.32-0.11-0.07-0.26
-0.38-0.39-0.36-0.39-0.44-0.01-0.420.7-0.39-0.241.0-0.22-0.3-0.30.16-0.310.81-0.15-0.440.2-0.420.27-0.39-0.36-0.47
1.00.980.950.680.97-0.740.98-0.04-0.390.96-0.390.940.870.98-0.780.980.07-0.110.82-0.830.83-0.170.970.770.85
0.960.940.940.670.91-0.880.930.07-0.240.96-0.240.920.90.96-0.790.960.18-0.110.74-0.810.780.040.940.670.77
-0.38-0.39-0.36-0.39-0.44-0.01-0.420.71.0-0.39-0.24-0.22-0.3-0.30.16-0.310.81-0.15-0.440.2-0.420.27-0.39-0.36-0.47
0.940.920.890.760.84-0.730.920.09-0.220.940.92-0.220.890.98-0.90.980.210.050.64-0.920.74-0.020.920.660.64
0.870.910.890.620.78-0.810.910.01-0.30.870.9-0.30.890.9-0.730.90.15-0.130.64-0.750.80.070.930.660.61
0.980.980.910.680.9-0.770.970.06-0.30.980.96-0.30.980.9-0.831.00.12-0.070.74-0.860.78-0.050.950.750.74
-0.79-0.71-0.77-0.9-0.670.7-0.710.010.16-0.78-0.790.16-0.9-0.73-0.83-0.85-0.24-0.36-0.420.99-0.64-0.2-0.74-0.4-0.46
0.980.970.910.710.9-0.770.970.05-0.310.980.96-0.310.980.91.0-0.850.12-0.030.73-0.880.78-0.030.950.730.73
0.090.060.19-0.010.05-0.350.020.560.810.070.180.810.210.150.12-0.240.12-0.250.02-0.210.140.070.11-0.06-0.04
-0.11-0.22-0.080.59-0.20.13-0.21-0.11-0.15-0.11-0.11-0.150.05-0.13-0.07-0.36-0.03-0.25-0.31-0.32-0.310.44-0.17-0.55-0.42
0.820.820.810.440.87-0.520.820.0-0.440.820.74-0.440.640.640.74-0.420.730.02-0.31-0.50.77-0.340.790.630.79
-0.83-0.76-0.81-0.9-0.720.7-0.760.010.2-0.83-0.810.2-0.92-0.75-0.860.99-0.88-0.21-0.32-0.5-0.69-0.15-0.78-0.44-0.5
0.840.840.870.550.85-0.680.84-0.24-0.420.830.78-0.420.740.80.78-0.640.780.14-0.310.77-0.69-0.210.860.750.81
-0.17-0.18-0.160.22-0.33-0.41-0.190.320.27-0.170.040.27-0.020.07-0.05-0.2-0.030.070.44-0.34-0.15-0.21-0.22-0.39-0.47
0.970.970.970.650.95-0.720.97-0.11-0.390.970.94-0.390.920.930.95-0.740.950.11-0.170.79-0.780.86-0.220.750.83
0.760.830.620.160.76-0.470.83-0.07-0.360.770.67-0.360.660.660.75-0.40.73-0.06-0.550.63-0.440.75-0.390.750.83
0.850.810.80.360.93-0.530.82-0.26-0.470.850.77-0.470.640.610.74-0.460.73-0.04-0.420.79-0.50.81-0.470.830.83
Click cells to compare fundamentals

BSR Real Account Relationship Matchups

BSR Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.9B2.1B1.8B1.4B
Short Long Term Debt Total542.5M517.8M878.3M769.3M813.1M652.2M
Other Current Liab24.2M26.1M32.8M47.8M51.3M29.2M
Total Current Liabilities40.8M72.0M37.7M52.2M55.6M46.6M
Total Stockholder Equity285.0M318.7M666.6M975.7M712.4M478.8M
Net Debt505.5M512.6M871.4M762.1M806.4M639.2M
Accounts Payable1.3M566K839K543K526K576.6K
Cash37.0M5.3M6.8M7.2M6.7M9.4M
Non Current Assets Total1.1B1.1B1.9B2.0B1.8B1.3B
Non Currrent Assets Other1.1B1.1B1.9B2.0B1.8B970.1M
Cash And Short Term Investments37.0M5.3M6.8M7.2M6.7M9.4M
Net Receivables2.9M2.1M4.2M3.2M4.0M2.5M
Liabilities And Stockholders Equity1.1B1.1B1.9B2.1B1.8B1.4B
Non Current Liabilities Total796.9M723.0M1.2B1.0B1.1B836.4M
Other Current Assets1.2M1.2M2.2M2.0M1.6M1.5M
Total Liab837.7M795.0M1.3B1.1B1.1B883.0M
Total Current Assets55.0M19.9M21.1M31.4M35.8M32.6M
Short Term Debt13.7M43.9M1.7M1.8M1.8M1.7M
Common Stock194.3M200.3M265.0M349.5M295.4M259.7M
Net Tangible Assets285.0M318.7M666.6M975.7M1.1B1.2B
Other Assets10.2M12.3M8.7M6.4M7.3M9.4M
Property Plant Equipment1.1B1.1B1.9B2.0B2.3B1.3B
Current Deferred Revenue1.7M1.5M2.3M2.1M2.0M2.1M
Retained Earnings76.4M92.3M360.4M566.7M338.7M288.4M
Long Term Debt528.6M473.8M876.5M767.2M811.1M713.2M
Inventory13.9M11.4M7.9M19.0M23.5M16.3M
Other Stockholder Equity(285.0M)(318.7M)(666.6M)(975.7M)(338.7M)(355.6M)
Net Invested Capital827.3M836.3M1.5B1.7B1.5B1.3B
Short Long Term Debt13.7M43.9M1.7M1.8M1.8M1.7M
Accumulated Other Comprehensive Income90.7M118.3M401.5M626.3M417.0M303.2M
Non Current Liabilities Other267.1M244.2M366.4M267.8M240.7M288.8M
Net Working Capital14.1M(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

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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.
Pair CorrelationCorrelation Matching

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.