BRP Historical Balance Sheet

DOO Stock  CAD 73.04  2.00  2.82%   
Trend analysis of BRP Inc balance sheet accounts such as Other Current Liabilities of 851.9 M or Total Current Liabilities of 1.8 B provides information on BRP's total assets, liabilities, and equity, which is the actual value of BRP Inc to its prevalent stockholders. By breaking down trends over time using BRP balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining BRP Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether BRP Inc is a good buy for the upcoming year.

BRP Inventory

2.6 Billion

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. 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.

About BRP Balance Sheet Analysis

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

BRP Balance Sheet Chart

At this time, BRP's Short Term Investments are very stable compared to the past year. As of the 31st of January 2025, Inventory is likely to grow to about 2.6 B, while Total Assets are likely to drop about 4 B.

Total Assets

Total assets refers to the total amount of BRP 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 BRP Inc 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.

Total Current Liabilities

Total Current Liabilities is an item on BRP balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BRP Inc 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 accounts from BRP's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into BRP Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. 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, BRP's Short Term Investments are very stable compared to the past year. As of the 31st of January 2025, Inventory is likely to grow to about 2.6 B, while Total Assets are likely to drop about 4 B.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total3.0B3.0B3.4B1.8B
Total Assets6.5B6.8B7.8B4.0B

BRP balance sheet Correlations

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0.290.40.30.230.010.15-0.260.050.160.190.990.17-0.020.0-0.09-0.37-0.220.320.390.090.26-0.180.320.110.39
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0.830.790.750.730.540.76-0.690.880.490.78-0.10.88-0.41-0.090.88-0.08-0.770.680.810.770.47-0.220.790.730.76
-0.05-0.09-0.03-0.01-0.04-0.010.230.05-0.310.05-0.38-0.02-0.08-0.370.14-0.080.03-0.04-0.090.0-0.090.0-0.05-0.04-0.08
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0.981.00.960.930.450.85-0.760.930.430.930.350.97-0.410.390.880.81-0.09-0.920.870.840.71-0.360.990.810.97
0.880.840.840.850.720.99-0.670.880.650.870.050.89-0.450.090.880.770.0-0.940.960.840.84-0.210.860.990.85
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-0.31-0.39-0.34-0.30.08-0.150.24-0.380.07-0.23-0.09-0.280.1-0.18-0.24-0.220.00.24-0.31-0.36-0.21-0.22-0.34-0.11-0.32
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0.990.980.940.930.550.85-0.650.910.530.940.360.96-0.430.390.90.76-0.08-0.910.890.970.850.79-0.320.970.84
Click cells to compare fundamentals

BRP Account Relationship Matchups

BRP balance sheet Accounts

202020212022202320242025 (projected)
Total Assets4.9B5.0B6.5B6.8B7.8B4.0B
Short Long Term Debt Total2.6B2.2B3.0B3.0B3.4B1.8B
Other Current Liab1.2B1.1B1.2B1.2B1.4B851.9M
Total Current Liabilities2.2B2.6B2.5B2.5B2.9B1.8B
Total Stockholder Equity(478.7M)(135.6M)534.9M808.9M930.2M976.7M
Property Plant And Equipment Net1.3B1.6B2.0B2.2B2.5B2.6B
Current Deferred Revenue72.4M247.9M85.3M89.9M80.9M76.9M
Net Debt1.3B1.9B2.8B2.5B2.8B1.5B
Retained Earnings(575.9M)(404.3M)175.5M443.1M509.6M535.0M
Accounts Payable814.7M965.3M943.7M1.0B1.2B727.4M
Cash1.3B265.8M202.3M491.8M565.6M370.1M
Non Current Assets Total2.0B2.4B3.1B3.2B3.7B1.9B
Non Currrent Assets Other21.3M27.3M24.8M20.5M18.5M22.7M
Cash And Short Term Investments1.4B339.4M324.9M491.8M565.6M403.6M
Net Receivables339.9M497.3M698.9M717.1M824.7M440.2M
Common Stock Shares Outstanding88.6M85.3M80.9M78.5M70.7M81.1M
Short Term Investments76.5M73.6M122.6M106.6M122.6M128.7M
Liabilities And Stockholders Equity4.9B5.0B6.5B6.8B7.8B4.0B
Non Current Liabilities Total3.2B2.5B3.4B3.5B4.0B2.3B
Inventory1.1B1.7B2.3B2.2B2.5B2.6B
Other Current Assets109.4M213.7M189.3M164.3M188.9M198.4M
Other Stockholder Equity(154M)(3.2M)(431.3M)71.8M64.6M67.9M
Total Liab5.4B5.2B5.9B6.0B6.9B4.0B
Property Plant And Equipment Gross1.3B2.9B3.5B3.9B4.5B4.8B
Total Current Assets2.9B2.7B3.4B3.5B4.1B2.1B
Accumulated Other Comprehensive Income40.8M11.3M44.8M45.5M52.3M54.9M
Short Term Debt58.8M132.5M133.1M104.4M120.1M126.1M
Intangible Assets349.1M379M489M412.8M474.7M327.9M
Common Stock210.4M260.6M255.8M248.5M223.7M201.8M
Other Liab524.5M635.9M577.6M489.4M562.8M513.1M
Net Tangible Assets(1.2B)(943.8M)(630.5M)(206.4M)(185.8M)(195.0M)
Other Assets222.5M248.4M293.3M261.2M300.4M216.5M
Long Term Debt2.4B1.9B2.7B2.7B3.1B1.8B
Long Term Investments31.6M53.2M69.3M49.6M57.0M34.9M
Short Long Term Debt25.3M103.1M88.4M58.1M52.3M93.1M
Property Plant Equipment1.2B1.3B1.6B2.0B2.3B2.4B
Long Term Debt Total1.8B2.6B2.1B2.9B3.3B1.9B
Capital Surpluse(32.6M)(154M)(3.2M)58.8M52.9M55.6M

Pair Trading with BRP

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

Moving together with BRP Stock

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Moving against BRP Stock

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The ability to find closely correlated positions to BRP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRP 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 BRP - 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 BRP Inc to buy it.
The correlation of BRP 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 BRP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRP Inc 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 BRP 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
When determining whether BRP Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BRP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brp Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brp Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. 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.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Please note, there is a significant difference between BRP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.