Brookfield Non Currrent Assets Other vs Common Stock Analysis
BEPC Stock | USD 31.92 0.41 1.27% |
Brookfield Renewable financial indicator trend analysis is way more than just evaluating Brookfield Renewable Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Renewable Corp is a good investment. Please check the relationship between Brookfield Renewable Non Currrent Assets Other and its Common Stock accounts. 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 american community survey.
Non Currrent Assets Other vs Common Stock
Non Currrent Assets Other vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Renewable Corp Non Currrent Assets Other account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Brookfield Renewable's Non Currrent Assets Other and Common Stock is 0.11. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock in the same time period over historical financial statements of Brookfield Renewable Corp, assuming nothing else is changed. The correlation between historical values of Brookfield Renewable's Non Currrent Assets Other and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Brookfield Renewable Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Currrent Assets Other i.e., Brookfield Renewable's Non Currrent Assets Other and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Common Stock
Most indicators from Brookfield Renewable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 american community survey. At present, Brookfield Renewable's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.03, whereas Tax Provision is forecasted to decline to about 60.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 900M | 1.0B | 1.3B | 823.8M | Depreciation And Amortization | 1.4B | 1.5B | 1.3B | 1.1B |
Brookfield Renewable fundamental ratios Correlations
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Brookfield Renewable Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookfield Renewable fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 35.8B | 39.5B | 42.0B | 43.3B | 49.4B | 38.0B | |
Other Current Liab | 125M | 2.4B | 1.5B | 1.5B | 5.7B | 6.0B | |
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 | 5.1B | |
Other Liab | 4.8B | 5.5B | 5.0B | 6.5B | 7.4B | 4.6B | |
Net Tangible Assets | 6.2B | (26M) | 2.8B | 4.9B | 5.7B | 3.2B | |
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 | 11.6B | |
Accounts Payable | 60M | 118M | 114M | 154M | 640M | 672M | |
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 | 177M | 57M | (70M) | 478M | 501.9M | |
Other Assets | 197M | 217M | 401M | 652M | 749.8M | 787.3M | |
Cash And Short Term Investments | 304M | 355M | 410M | 642M | 627M | 394.0M | |
Net Receivables | 720M | 883M | 1.1B | 1.1B | 1.9B | 1.0B | |
Good Will | 949M | 970M | 849M | 1.8B | 854M | 1.1B | |
Common Stock Shares Outstanding | 361.9M | 172.2M | 172.2M | 172.2M | 179.7M | 190.9M | |
Non Current Liabilities Total | 16.5B | 24.5B | 24.7B | 23.4B | 24.0B | 19.4B | |
Other Current Assets | 137M | 324M | 741M | 1.6B | 676M | 571.7M | |
Other Stockholder Equity | (1.5B) | 1.2B | 3.7B | 5.9B | 6.8B | 7.1B | |
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 | |
Common Stock | 1.1B | 1.5B | (5.8B) | 3.7B | 3.3B | 3.5B | |
Property Plant Equipment | 32.6B | 36.1B | 37.9B | 37.8B | 43.5B | 29.4B | |
Short Long Term Debt Total | 12.3B | 12.8B | 13.5B | 15.1B | 16.6B | 13.9B | |
Current Deferred Revenue | 558M | (8.5B) | (7.9B) | 51M | 45.9M | 48.2M | |
Long Term Debt | 5.5B | 12.8B | 13.5B | 13.8B | 14.2B | 11.9B | |
Liabilities And Stockholders Equity | 35.8B | 39.5B | 42.0B | 43.3B | 49.4B | 42.8B | |
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 | |
Property Plant And Equipment Gross | 22.3B | 36.1B | 37.9B | 37.8B | 44.0B | 36.6B | |
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) | |
Short Term Debt | 623M | 805M | 1.5B | 1.3B | 1.9B | 1.2B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Brookfield Renewable Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookfield Renewable'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 Brookfield Renewable Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brookfield Renewable Corp Stock: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 american community survey. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookfield Renewable. If investors know Brookfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookfield Renewable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.735 | Dividend Share 1.42 | Earnings Share (7.08) | Revenue Per Share 12.708 | Quarterly Revenue Growth 0.04 |
The market value of Brookfield Renewable Corp is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Renewable's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Renewable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookfield Renewable's market value can be influenced by many factors that don't directly affect Brookfield Renewable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookfield Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Renewable'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.