Brompton Total Assets vs Current Deferred Revenue Analysis

LCS Stock  CAD 10.14  0.01  0.1%   
Brompton Lifeco financial indicator trend analysis is way more than just evaluating Brompton Lifeco Split prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brompton Lifeco Split is a good investment. Please check the relationship between Brompton Lifeco Total Assets and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Brompton Lifeco Split. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Assets vs Current Deferred Revenue

Total Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brompton Lifeco Split Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Brompton Lifeco's Total Assets and Current Deferred Revenue is -0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Brompton Lifeco Split, assuming nothing else is changed. The correlation between historical values of Brompton Lifeco's Total Assets and Current Deferred Revenue 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 Brompton Lifeco Split are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., Brompton Lifeco's Total Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Brompton Lifeco 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 Brompton Lifeco Split 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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Brompton Lifeco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brompton Lifeco Split 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Brompton Lifeco Split. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Brompton Lifeco's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value is likely to grow to about 140.7 M, while Issuance Of Capital Stock is likely to drop 0.00.

Brompton Lifeco fundamental ratios Correlations

0.780.36-0.93-0.30.910.570.660.610.00.750.670.330.890.70.950.33-0.60.330.920.9-0.840.90.320.590.68
0.780.62-0.85-0.350.60.490.650.450.170.60.610.510.610.510.690.5-0.530.50.680.63-0.670.630.320.330.5
0.360.62-0.340.10.130.120.4-0.20.02-0.050.20.080.010.040.070.080.030.080.020.02-0.020.020.050.030.05
-0.93-0.85-0.340.5-0.85-0.67-0.66-0.76-0.04-0.71-0.63-0.57-0.84-0.67-0.9-0.570.59-0.57-0.91-0.90.92-0.9-0.33-0.55-0.72
-0.3-0.350.10.5-0.44-0.34-0.37-0.64-0.01-0.26-0.08-0.85-0.35-0.2-0.39-0.850.23-0.85-0.44-0.440.54-0.44-0.32-0.63-0.64
0.910.60.13-0.85-0.440.510.450.63-0.170.640.490.320.920.750.920.31-0.620.310.910.94-0.880.940.160.720.68
0.570.490.12-0.67-0.340.510.420.61-0.190.30.380.530.550.420.570.53-0.290.530.590.63-0.680.630.270.110.65
0.660.650.4-0.66-0.370.450.420.530.490.640.420.530.340.350.540.53-0.040.530.530.41-0.40.410.850.30.75
0.610.45-0.2-0.76-0.640.630.610.530.280.710.420.690.660.590.730.69-0.450.690.770.74-0.810.740.410.420.68
0.00.170.02-0.04-0.01-0.17-0.190.490.280.430.110.17-0.19-0.04-0.030.170.170.17-0.02-0.160.13-0.160.56-0.20.09
0.750.6-0.05-0.71-0.260.640.30.640.710.430.630.350.720.610.830.35-0.60.350.830.7-0.660.70.490.350.5
0.670.610.2-0.63-0.080.490.380.420.420.110.630.220.560.470.640.22-0.30.220.620.6-0.570.60.080.280.24
0.330.510.08-0.57-0.850.320.530.530.690.170.350.220.280.240.371.0-0.191.00.420.39-0.510.390.430.390.62
0.890.610.01-0.84-0.350.920.550.340.66-0.190.720.560.280.720.970.28-0.820.280.970.98-0.930.980.10.620.59
0.70.510.04-0.67-0.20.750.420.350.59-0.040.610.470.240.720.740.24-0.580.240.740.72-0.690.720.090.350.38
0.950.690.07-0.9-0.390.920.570.540.73-0.030.830.640.370.970.740.37-0.740.371.00.97-0.930.970.290.610.68
0.330.50.08-0.57-0.850.310.530.530.690.170.350.221.00.280.240.37-0.181.00.410.38-0.510.380.430.390.62
-0.6-0.530.030.590.23-0.62-0.29-0.04-0.450.17-0.6-0.3-0.19-0.82-0.58-0.74-0.18-0.18-0.75-0.720.71-0.720.08-0.36-0.23
0.330.50.08-0.57-0.850.310.530.530.690.170.350.221.00.280.240.371.0-0.180.410.38-0.510.380.430.390.62
0.920.680.02-0.91-0.440.910.590.530.77-0.020.830.620.420.970.741.00.41-0.750.410.98-0.950.980.290.610.69
0.90.630.02-0.9-0.440.940.630.410.74-0.160.70.60.390.980.720.970.38-0.720.380.98-0.981.00.150.640.67
-0.84-0.67-0.020.920.54-0.88-0.68-0.4-0.810.13-0.66-0.57-0.51-0.93-0.69-0.93-0.510.71-0.51-0.95-0.98-0.98-0.15-0.61-0.68
0.90.630.02-0.9-0.440.940.630.410.74-0.160.70.60.390.980.720.970.38-0.720.380.981.0-0.980.150.640.67
0.320.320.05-0.33-0.320.160.270.850.410.560.490.080.430.10.090.290.430.080.430.290.15-0.150.150.130.71
0.590.330.03-0.55-0.630.720.110.30.42-0.20.350.280.390.620.350.610.39-0.360.390.610.64-0.610.640.130.59
0.680.50.05-0.72-0.640.680.650.750.680.090.50.240.620.590.380.680.62-0.230.620.690.67-0.680.670.710.59
Click cells to compare fundamentals

Brompton Lifeco Account Relationship Matchups

Brompton Lifeco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets106.0M76.2M80.5M134.6M138.9M79.3M
Total Stockholder Equity41.5M22.1M30.4M43.3M55.7M58.5M
Non Currrent Assets Other(105.0M)(75.2M)(79.4M)(133.1M)(137.5M)(130.6M)
Common Stock Shares Outstanding6.7M5.7M5.0M8.6M8.4M4.9M
Liabilities And Stockholders Equity106.0M76.2M80.5M134.6M138.9M79.3M
Total Liab1.3M594.9K939.8K91.3M83.2M87.3M
Common Stock41.5M22.1M30.4M43.3M55.7M37.1M
Other Stockholder Equity34.7M19.7M30.4M55.7M64.1M67.3M
Other Current Liab(1.3M)(594.9K)(939.8K)(1.0M)1.5M1.6M
Accounts Payable1.3M594.9K939.8K1.0M1.5M762.9K
Total Current Liabilities1.3M594.9K939.8K1.0M84.6M88.9M
Net Debt62.3M52.5M48.1M88.9M80.2M49.4M
Cash971.6K976.5K1.0M1.3M1.4M963.8K
Non Current Assets Total105.0M75.2M79.4M133.1M137.5M84.4M
Cash And Short Term Investments971.6K976.5K1.0M1.3M138.9M145.8M
Total Current Assets971.6K976.5K1.0M1.3M138.9M145.8M
Short Term Investments105.0M75.2M79.4M133.1M137.5M94.0M
Short Long Term Debt Total63.3M53.5M49.1M90.2M81.6M64.1M
Current Deferred Revenue(62.0M)(52.9M)(48.2M)(89.2M)(80.1M)(84.1M)
Short Term Debt63.3M53.5M49.1M90.2M81.6M64.1M
Net Tangible Assets41.5M22.1M30.4M43.3M49.8M35.8M
Long Term Investments105.0M75.2M79.4M133.1M137.5M109.1M

Pair Trading with Brompton Lifeco

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 Brompton Lifeco 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 Brompton Lifeco will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brompton Stock

  0.79RY-PS Royal Bank Earnings Call This WeekPairCorr
  0.85RY Royal Bank Earnings Call This WeekPairCorr
  0.79RY-PM Royal Bank Earnings Call This WeekPairCorr
  0.83TD-PFI Toronto Dominion Bank Earnings Call This WeekPairCorr

Moving against Brompton Stock

  0.41TD Toronto Dominion Bank Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Brompton Lifeco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brompton Lifeco 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 Brompton Lifeco - 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 Brompton Lifeco Split to buy it.
The correlation of Brompton Lifeco 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 Brompton Lifeco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brompton Lifeco Split 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 Brompton Lifeco 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 Brompton Stock

Balance Sheet is a snapshot of the financial position of Brompton Lifeco Split at a specified time, usually calculated after every quarter, six months, or one year. Brompton Lifeco Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brompton Lifeco 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 Brompton currently owns. An asset can also be divided into two categories, current and non-current.