Brookfield Historical Balance Sheet
BEPC Stock | CAD 41.15 0.23 0.56% |
Trend analysis of Brookfield Renewable Corp balance sheet accounts such as Total Assets of 38 B, Short and Long Term Debt Total of 12.4 B or Other Current Liab of 5.4 B provides information on Brookfield Renewable's total assets, liabilities, and equity, which is the actual value of Brookfield Renewable Corp to its prevalent stockholders. By breaking down trends over time using Brookfield Renewable 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.
Financial Statement Analysis is much more than just reviewing and examining Brookfield Renewable Corp 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 Brookfield Renewable Corp is a good buy for the upcoming year.
Brookfield Renewable Inventory |
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About Brookfield Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Brookfield Renewable Corp at a specified time, usually calculated after every quarter, six months, or one year. Brookfield Renewable Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brookfield Renewable 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 Brookfield currently owns. An asset can also be divided into two categories, current and non-current.
Brookfield Renewable Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Brookfield Renewable 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 Brookfield Renewable Corp 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 Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most accounts from Brookfield Renewable's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Brookfield Renewable Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Corp. 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, Brookfield Renewable's Current Deferred Revenue is very stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 13.5B | 15.1B | 16.6B | 12.4B | Total Assets | 42.0B | 43.3B | 49.4B | 38.0B |
Brookfield Renewable balance sheet Correlations
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Brookfield Renewable Account Relationship Matchups
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Brookfield Renewable balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 35.8B | 39.5B | 42.0B | 43.3B | 49.4B | 38.0B | |
Short Long Term Debt Total | 12.3B | 13.7B | 13.5B | 15.1B | 16.6B | 12.4B | |
Other Current Liab | 125M | (916M) | 6.4B | (1.3B) | 5.2B | 5.4B | |
Total Current Liabilities | 1.4B | 3.3B | 3.1B | 3.0B | 8.3B | 8.8B | |
Total Stockholder Equity | 7.3B | 1.2B | 3.7B | 5.9B | 5.8B | 5.3B | |
Other Liab | 4.8B | 5.5B | 6.4B | 6.5B | 7.4B | 4.8B | |
Net Tangible Assets | 6.2B | (26M) | 2.6B | 4.9B | 5.7B | 3.1B | |
Property Plant And Equipment Net | 32.6B | 36.1B | 37.9B | 37.8B | 44.0B | 34.1B | |
Net Debt | 12.0B | 12.5B | 13.1B | 14.5B | 16.1B | 11.9B | |
Accounts Payable | 118M | 3.3B | 3.1B | 3.0B | 184M | 174.8M | |
Cash | 304M | 355M | 410M | 642M | 441M | 364.7M | |
Non Current Assets Total | 34.4B | 37.8B | 39.6B | 40.1B | 46.1B | 35.9B | |
Non Currrent Assets Other | 193M | 79M | 57M | (70M) | 478M | 501.9M | |
Other Assets | 197M | 217M | 241M | 652M | 749.8M | 787.3M | |
Cash And Short Term Investments | 304M | 355M | 410M | 642M | 441M | 364.7M | |
Net Receivables | 720M | 1.3B | 2.0B | 2.6B | 2.1B | 1.5B | |
Good Will | 949M | 970M | 849M | 1.8B | 854M | 1.1B | |
Liabilities And Stockholders Equity | 35.8B | 39.5B | 42.0B | 43.3B | 49.4B | 38.0B | |
Non Current Liabilities Total | 16.5B | 24.5B | 24.7B | 23.4B | 24.0B | 19.6B | |
Other Current Assets | 137M | 45M | 83M | 53M | 76M | 65.9M | |
Other Stockholder Equity | 5.9B | 7.0B | (4.8B) | (3.2B) | (3.5B) | (3.3B) | |
Total Liab | 17.9B | 27.7B | 27.8B | 26.5B | 32.3B | 22.8B | |
Total Current Assets | 1.4B | 1.7B | 2.4B | 3.2B | 3.3B | 2.1B | |
Accumulated Other Comprehensive Income | 5.9B | 7.0B | 8.5B | 9.1B | 9.3B | 7.3B | |
Short Term Debt | 623M | 916M | 1.5B | 1.3B | 1.9B | 1.1B | |
Common Stock | 2.0B | 1.5B | (5.8B) | (4.8B) | (4.4B) | (4.1B) | |
Property Plant Equipment | 32.6B | 36.1B | 37.9B | 37.8B | 43.5B | 29.4B | |
Current Deferred Revenue | 558M | (8.5B) | (7.9B) | 1.1B | 960.3M | 1.0B | |
Long Term Debt | 5.5B | 12.8B | 13.5B | 13.8B | 14.2B | 11.9B | |
Capital Lease Obligations | 66M | 392M | 371M | 364M | 501M | 310.6M | |
Inventory | 202M | 22M | 20M | 18M | 65M | 57.6M | |
Net Invested Capital | 13.4B | 14.0B | 17.2B | 19.7B | 21.9B | 18.2B | |
Long Term Investments | 348M | 372M | 455M | 451M | 644M | 469.5M | |
Short Long Term Debt | 156M | 886M | 1.5B | 1.3B | 1.9B | 1.1B | |
Non Current Liabilities Other | 44M | 7.4B | 6.2B | 4.4B | 94M | 89.3M | |
Net Working Capital | 132M | (8.4B) | (700M) | 187M | (5.0B) | (4.8B) |
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
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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 Corp 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 Corp 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Corp. 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.