Brookfield Renewable Partners Stock Cash Position Weight

BEP Stock

USD 23.84 0.05 0.21%

Brookfield Renewable Partners fundamentals help investors to digest information that contributes to Brookfield Renewable's financial success or failures. It also enables traders to predict the movement of Brookfield Stock. The fundamental analysis module provides a way to measure Brookfield Renewable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Brookfield Renewable stock.

Short Long Term Debt Total Total Assets

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Brookfield Renewable Partners Company Cash Position Weight Analysis

Brookfield Renewable's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.

Cash Percentage

% of Cash

in the fund

More About Cash Position Weight | All Equity Analysis

Brookfield Cash Position Weight Driver Correlations

Understanding the fundamental principles of building solid financial models for Brookfield Renewable is extremely important. It helps to project a fair market value of Brookfield Stock properly, considering its historical fundamentals such as Cash Position Weight. Since Brookfield Renewable's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Brookfield Renewable's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Brookfield Renewable's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Long Term Debt	Good Will	Short Term Investments	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Intangible Assets	Property Plant Equipment	Long Term Debt Total	Net Invested Capital	Net Working Capital
Total Assets		0.39	-0.14	1.0	-0.02	0.24	0.9	1.0	0.97	0.9	0.14	0.93	0.99	0.72	0.55	-0.24	0.87	0.13	0.29	0.99	0.9	0.85	-0.71
Total Stockholder Equity	0.39		0.04	0.4	0.47	0.42	0.12	0.37	0.37	0.18	0.34	0.48	0.48	0.47	0.01	-0.14	-0.09	-0.15	0.55	0.41	0.49	0.45	-0.29
Current Deferred Revenue	-0.14	0.04		-0.13	0.24	-0.52	-0.34	-0.15	-0.21	-0.26	0.33	-0.02	-0.07	-0.24	-0.21	0.15	-0.22	-0.13	0.17	-0.12	-0.11	-0.28	0.03
Net Debt	1.0	0.4	-0.13		-0.06	0.21	0.88	1.0	0.98	0.9	0.12	0.91	0.99	0.76	0.57	-0.23	0.86	0.14	0.3	0.98	0.9	0.88	-0.73
Retained Earnings	-0.02	0.47	0.24	-0.06		0.48	0.02	-0.04	-0.19	-0.04	0.86	0.13	-0.02	-0.38	-0.28	0.13	-0.25	0.04	0.24	0.0	0.02	-0.02	-0.26
Accounts Payable	0.24	0.42	-0.52	0.21	0.48		0.37	0.23	0.12	0.19	0.22	0.25	0.2	0.01	-0.03	-0.16	0.04	-0.05	0.45	0.25	0.31	0.22	-0.04
Net Receivables	0.9	0.12	-0.34	0.88	0.02	0.37		0.91	0.84	0.96	0.15	0.79	0.83	0.49	0.58	-0.23	0.93	0.24	0.08	0.87	0.75	0.77	-0.74
Total Liab	1.0	0.37	-0.15	1.0	-0.04	0.23	0.91		0.97	0.92	0.13	0.91	0.99	0.73	0.57	-0.23	0.88	0.16	0.27	0.98	0.89	0.87	-0.74
Total Current Assets	0.97	0.37	-0.21	0.98	-0.19	0.12	0.84	0.97		0.88	0.01	0.86	0.97	0.82	0.58	-0.28	0.85	0.14	0.22	0.95	0.88	0.89	-0.69
Short Term Debt	0.9	0.18	-0.26	0.9	-0.04	0.19	0.96	0.92	0.88		0.12	0.77	0.85	0.61	0.59	-0.19	0.92	0.3	-0.01	0.86	0.74	0.82	-0.82
Common Stock	0.14	0.34	0.33	0.12	0.86	0.22	0.15	0.13	0.01	0.12		0.21	0.15	-0.27	-0.09	0.13	-0.01	0.23	0.24	0.14	0.22	0.2	-0.51
Net Tangible Assets	0.93	0.48	-0.02	0.91	0.13	0.25	0.79	0.91	0.86	0.77	0.21		0.92	0.62	0.56	-0.2	0.74	-0.09	0.24	0.95	0.81	0.73	-0.61
Long Term Debt	0.99	0.48	-0.07	0.99	-0.02	0.2	0.83	0.99	0.97	0.85	0.15	0.92		0.77	0.53	-0.24	0.8	0.1	0.37	0.97	0.92	0.87	-0.71
Good Will	0.72	0.47	-0.24	0.76	-0.38	0.01	0.49	0.73	0.82	0.61	-0.27	0.62	0.77		0.41	0.0	0.52	0.21	0.26	0.69	0.66	0.73	-0.41
Short Term Investments	0.55	0.01	-0.21	0.57	-0.28	-0.03	0.58	0.57	0.58	0.59	-0.09	0.56	0.53	0.41		-0.31	0.64	-0.21	-0.23	0.51	0.43	0.51	-0.49
Deferred Long Term Liab	-0.24	-0.14	0.15	-0.23	0.13	-0.16	-0.23	-0.23	-0.28	-0.19	0.13	-0.2	-0.24	0.0	-0.31		-0.2	0.66	-0.04	-0.26	-0.38	-0.25	0.11
Long Term Investments	0.87	-0.09	-0.22	0.86	-0.25	0.04	0.93	0.88	0.85	0.92	-0.01	0.74	0.8	0.52	0.64	-0.2		0.24	-0.05	0.84	0.68	0.71	-0.67
Short Long Term Debt	0.13	-0.15	-0.13	0.14	0.04	-0.05	0.24	0.16	0.14	0.3	0.23	-0.09	0.1	0.21	-0.21	0.66	0.24		0.05	0.07	0.02	0.21	-0.34
Intangible Assets	0.29	0.55	0.17	0.3	0.24	0.45	0.08	0.27	0.22	-0.01	0.24	0.24	0.37	0.26	-0.23	-0.04	-0.05	0.05		0.29	0.48	0.26	-0.03
Property Plant Equipment	0.99	0.41	-0.12	0.98	0.0	0.25	0.87	0.98	0.95	0.86	0.14	0.95	0.97	0.69	0.51	-0.26	0.84	0.07	0.29		0.88	0.81	-0.64
Long Term Debt Total	0.9	0.49	-0.11	0.9	0.02	0.31	0.75	0.89	0.88	0.74	0.22	0.81	0.92	0.66	0.43	-0.38	0.68	0.02	0.48	0.88		0.92	-0.66
Net Invested Capital	0.85	0.45	-0.28	0.88	-0.02	0.22	0.77	0.87	0.89	0.82	0.2	0.73	0.87	0.73	0.51	-0.25	0.71	0.21	0.26	0.81	0.92		-0.81
Net Working Capital	-0.71	-0.29	0.03	-0.73	-0.26	-0.04	-0.74	-0.74	-0.69	-0.82	-0.51	-0.61	-0.71	-0.41	-0.49	0.11	-0.67	-0.34	-0.03	-0.64	-0.66	-0.81

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Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.

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Predict Brookfield Renewable

In accordance with the recently published financial statements, Brookfield Renewable Partners has 0.0% in Cash Position Weight. This indicator is about the same for the Independent Power and Renewable Electricity Producers average (which is currently at 0.0) sector and about the same as Utilities (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Brookfield Renewable Current Valuation Drivers

We derive many important indicators used in calculating different scores of Brookfield Renewable from analyzing Brookfield Renewable's financial statements. These drivers represent accounts that assess Brookfield Renewable's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Brookfield Renewable's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	6.7B	11.9B	9.8B	7.5B	6.8B	7.1B
Enterprise Value	24.0B	29.5B	31.1B	37.1B	33.4B	35.1B

Brookfield Renewable ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Brookfield Renewable's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Brookfield Renewable's managers, analysts, and investors.

Environmental

Governance

Social

Brookfield Fundamentals

	Return On Equity	0.0024
	Return On Asset	0.0091
	Profit Margin	(0.06) %
	Operating Margin	0.19 %
	Current Valuation	35.1 B
	Shares Outstanding	285.11 M
	Shares Owned By Institutions	66.20 %
	Number Of Shares Shorted	996.81 K
	Price To Earning	105.42 X
	Price To Book	1.75 X
	Price To Sales	2.73 X
	Revenue	5.04 B
	Gross Profit	3.3 B
	EBITDA	3.94 B
	Net Income	(30 M)
	Cash And Equivalents	909 M
	Cash Per Share	1.92 X
	Total Debt	30.47 B
	Debt To Equity	1.02 %
	Current Ratio	0.73 X
	Book Value Per Share	15.59 X
	Cash Flow From Operations	1.86 B
	Short Ratio	1.94 X
	Earnings Per Share	(0.81) X
	Price To Earnings To Growth	3.51 X
	Target Price	30.86
	Number Of Employees	4.77 K
	Beta	0.9
	Market Capitalization	15.72 B
	Total Asset	76.13 B
	Retained Earnings	2.11 B
	Working Capital	(3.43 B)
	Current Asset	600 M
	Current Liabilities	1.25 B
	Annual Yield	0.06 %
	Five Year Return	4.65 %
	Net Asset	76.13 B
	Last Dividend Paid	1.41

About Brookfield Renewable Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Brookfield Renewable Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brookfield Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brookfield Renewable Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Brookfield Renewable

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

Moving against Brookfield Stock

0.72	ADN	Advent Technologies	Pair Corr
0.65	ELLO	Ellomay Capital	Pair Corr
0.62	GEV	GE Vernova LLC	Pair Corr
0.6	AY	Atlantica Sustainable	Pair Corr
0.55	WAVE	Eco Wave Power	Pair Corr

The ability to find closely correlated positions to Brookfield Renewable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Renewable 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 Brookfield Renewable - 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 Brookfield Renewable Partners to buy it.

The correlation of Brookfield Renewable 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 Brookfield Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Renewable 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 Brookfield Renewable 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 Correlation Correlation Matching

Additional Tools for Brookfield Stock Analysis

When running Brookfield Renewable's price analysis, check to measure Brookfield Renewable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookfield Renewable is operating at the current time. Most of Brookfield Renewable's value examination focuses on studying past and present price action to predict the probability of Brookfield Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Renewable's price. Additionally, you may evaluate how the addition of Brookfield Renewable to your portfolios can decrease your overall portfolio volatility.

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