BF-B Stock | | | USD 42.74 0.96 2.20% |
Brown Forman financial indicator trend analysis is way more than just evaluating Brown Forman prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brown Forman is a good investment. Please check the relationship between Brown Forman Sale Purchase Of Stock and its Change To Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brown Forman. 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.
Sale Purchase Of Stock vs Change To Inventory
Sale Purchase Of Stock vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brown Forman Sale Purchase Of Stock account and
Change To Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between Brown Forman's Sale Purchase Of Stock and Change To Inventory is 0.09. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Brown Forman, assuming nothing else is changed. The correlation between historical values of Brown Forman's Sale Purchase Of Stock and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Brown Forman are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Sale Purchase Of Stock i.e., Brown Forman's Sale Purchase Of Stock and Change To Inventory go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Sale Purchase Of Stock
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Brown Forman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brown Forman 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 Brown Forman. 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 present, Brown Forman's
Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's
Enterprise Value is expected to grow to about 32
B, whereas
Selling General Administrative is forecasted to decline to about 505.2
M.
Brown Forman fundamental ratios Correlations
Click cells to compare fundamentals
Brown Forman Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brown Forman fundamental ratios Accounts
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Other Information on Investing in Brown Stock
Balance Sheet is a snapshot of the
financial position of Brown Forman at a specified time, usually calculated after every quarter, six months, or one year. Brown Forman Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brown Forman 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 Brown currently owns. An asset can also be divided into two categories, current and non-current.