Brickworks Total Current Assets vs Cash And Short Term Investments Analysis

BKW Stock

25.77 0.03 0.12%

Brickworks financial indicator trend analysis is way more than just evaluating Brickworks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brickworks is a good investment. Please check the relationship between Brickworks Total Current Assets and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brickworks. 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.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brickworks Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Brickworks' Total Current Assets and Cash And Short Term Investments is 0.69. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Brickworks, assuming nothing else is changed. The correlation between historical values of Brickworks' Total Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Brickworks are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Brickworks' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Brickworks balance sheet. This account contains Brickworks investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Brickworks fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Brickworks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brickworks 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 Brickworks. 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.

Selling General Administrative is likely to drop to about 35 M in 2024. Tax Provision is likely to gain to about (119.1 M) in 2024

	2021	2022	2023	2024 (projected)
Other Operating Expenses	1.0B	1.1B	1.0B	1.1B
Interest Expense	31.4M	59.3M	76.6M	80.4M

Other Operating Expenses Interest Expense

Brickworks fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Inventory	Short Long Term Debt Total	Other Current Assets	Short Term Debt	Short Term Investments
Total Assets		0.64	0.93	0.99	0.97	0.97	1.0	0.89	0.39	1.0	0.46	0.4	0.66	0.72	0.02	0.95	0.09	0.99	0.96	0.89	0.54	0.97	0.96	0.49	-0.03	-0.36
Other Current Liab	0.64		0.8	0.68	0.68	0.49	0.68	0.75	0.38	0.62	-0.06	0.37	0.88	0.56	-0.02	0.48	0.17	0.58	0.57	0.71	0.71	0.67	0.49	0.61	-0.07	-0.43
Total Current Liabilities	0.93	0.8		0.95	0.96	0.84	0.95	0.95	0.5	0.92	0.27	0.51	0.81	0.77	0.09	0.82	0.11	0.9	0.9	0.95	0.65	0.96	0.84	0.62	-0.07	-0.46
Total Stockholder Equity	0.99	0.68	0.95		0.97	0.93	0.99	0.93	0.35	0.99	0.34	0.35	0.72	0.81	0.01	0.9	0.06	0.95	0.93	0.9	0.63	0.98	0.93	0.55	0.01	-0.48
Property Plant And Equipment Net	0.97	0.68	0.96	0.97		0.91	0.97	0.93	0.53	0.96	0.45	0.54	0.76	0.76	0.08	0.91	0.11	0.94	0.96	0.95	0.63	0.97	0.92	0.6	-0.01	-0.44
Net Debt	0.97	0.49	0.84	0.93	0.91		0.95	0.76	0.34	0.98	0.59	0.34	0.49	0.59	-0.03	0.99	0.08	0.99	0.96	0.79	0.37	0.9	0.97	0.3	-0.07	-0.19
Retained Earnings	1.0	0.68	0.95	0.99	0.97	0.95		0.92	0.39	0.99	0.39	0.39	0.7	0.75	0.03	0.93	0.11	0.97	0.95	0.9	0.57	0.98	0.95	0.54	0.0	-0.4
Accounts Payable	0.89	0.75	0.95	0.93	0.93	0.76	0.92		0.47	0.87	0.17	0.47	0.85	0.85	0.06	0.74	0.14	0.83	0.82	0.95	0.72	0.95	0.79	0.74	0.06	-0.58
Cash	0.39	0.38	0.5	0.35	0.53	0.34	0.39	0.47		0.36	0.52	1.0	0.51	0.15	0.18	0.45	0.23	0.43	0.45	0.69	0.26	0.45	0.38	0.6	-0.17	0.02
Non Current Assets Total	1.0	0.62	0.92	0.99	0.96	0.98	0.99	0.87	0.36		0.46	0.36	0.64	0.7	0.01	0.96	0.09	0.99	0.96	0.86	0.51	0.96	0.96	0.46	-0.03	-0.34
Non Currrent Assets Other	0.46	-0.06	0.27	0.34	0.45	0.59	0.39	0.17	0.52	0.46		0.52	-0.01	-0.08	0.04	0.69	0.03	0.57	0.57	0.36	-0.16	0.34	0.55	0.03	-0.31	0.37
Cash And Short Term Investments	0.4	0.37	0.51	0.35	0.54	0.34	0.39	0.47	1.0	0.36	0.52		0.51	0.16	0.18	0.45	0.23	0.43	0.46	0.69	0.26	0.46	0.39	0.6	-0.17	0.02
Net Receivables	0.66	0.88	0.81	0.72	0.76	0.49	0.7	0.85	0.51	0.64	-0.01	0.51		0.72	-0.01	0.49	0.06	0.58	0.6	0.81	0.91	0.72	0.53	0.79	0.09	-0.67
Common Stock Total Equity	0.72	0.56	0.77	0.81	0.76	0.59	0.75	0.85	0.15	0.7	-0.08	0.16	0.72		-0.09	0.51	-0.19	0.61	0.61	0.75	0.81	0.82	0.61	0.54	0.15	-0.86
Common Stock Shares Outstanding	0.02	-0.02	0.09	0.01	0.08	-0.03	0.03	0.06	0.18	0.01	0.04	0.18	-0.01	-0.09		0.01	0.16	0.02	0.05	0.1	-0.21	-0.01	-0.01	0.28	0.0	0.02
Non Current Liabilities Total	0.95	0.48	0.82	0.9	0.91	0.99	0.93	0.74	0.45	0.96	0.69	0.45	0.49	0.51	0.01		0.11	0.99	0.96	0.8	0.33	0.88	0.96	0.35	-0.11	-0.11
Other Stockholder Equity	0.09	0.17	0.11	0.06	0.11	0.08	0.11	0.14	0.23	0.09	0.03	0.23	0.06	-0.19	0.16	0.11		0.13	0.18	0.14	-0.15	0.09	0.2	0.22	0.39	0.38
Total Liab	0.99	0.58	0.9	0.95	0.94	0.99	0.97	0.83	0.43	0.99	0.57	0.43	0.58	0.61	0.02	0.99	0.13		0.97	0.85	0.42	0.93	0.97	0.43	-0.07	-0.21
Property Plant And Equipment Gross	0.96	0.57	0.9	0.93	0.96	0.96	0.95	0.82	0.45	0.96	0.57	0.46	0.6	0.61	0.05	0.96	0.18	0.97		0.86	0.46	0.92	0.95	0.41	-0.05	-0.24
Total Current Assets	0.89	0.71	0.95	0.9	0.95	0.79	0.9	0.95	0.69	0.86	0.36	0.69	0.81	0.75	0.1	0.8	0.14	0.85	0.86		0.65	0.94	0.82	0.74	-0.02	-0.46
Common Stock	0.54	0.71	0.65	0.63	0.63	0.37	0.57	0.72	0.26	0.51	-0.16	0.26	0.91	0.81	-0.21	0.33	-0.15	0.42	0.46	0.65		0.62	0.41	0.63	0.16	-0.86
Inventory	0.97	0.67	0.96	0.98	0.97	0.9	0.98	0.95	0.45	0.96	0.34	0.46	0.72	0.82	-0.01	0.88	0.09	0.93	0.92	0.94	0.62		0.91	0.57	0.0	-0.47
Short Long Term Debt Total	0.96	0.49	0.84	0.93	0.92	0.97	0.95	0.79	0.38	0.96	0.55	0.39	0.53	0.61	-0.01	0.96	0.2	0.97	0.95	0.82	0.41	0.91		0.39	0.14	-0.23
Other Current Assets	0.49	0.61	0.62	0.55	0.6	0.3	0.54	0.74	0.6	0.46	0.03	0.6	0.79	0.54	0.28	0.35	0.22	0.43	0.41	0.74	0.63	0.57	0.39		0.14	-0.49
Short Term Debt	-0.03	-0.07	-0.07	0.01	-0.01	-0.07	0.0	0.06	-0.17	-0.03	-0.31	-0.17	0.09	0.15	0.0	-0.11	0.39	-0.07	-0.05	-0.02	0.16	0.0	0.14	0.14		-0.26
Short Term Investments	-0.36	-0.43	-0.46	-0.48	-0.44	-0.19	-0.4	-0.58	0.02	-0.34	0.37	0.02	-0.67	-0.86	0.02	-0.11	0.38	-0.21	-0.24	-0.46	-0.86	-0.47	-0.23	-0.49	-0.26

Click cells to compare fundamentals

Brickworks Account Relationship Matchups

Brickworks fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8B	4.0B	5.6B	6.1B	5.8B	6.1B
Other Current Liab	68.0M	74.9M	105.9M	122.4M	94.3M	50.2M
Total Current Liabilities	232.9M	268.3M	325.1M	305.2M	287.8M	302.2M
Total Stockholder Equity	2.4B	2.5B	3.3B	3.6B	3.4B	3.6B
Property Plant And Equipment Net	762.4M	896.6M	968.5M	1.0B	913.3M	959.0M
Net Debt	564.1M	716.5M	1.0B	1.3B	1.3B	1.4B
Retained Earnings	1.9B	1.9B	2.7B	3.0B	2.8B	2.9B
Accounts Payable	128.5M	124.8M	148.7M	136.0M	138.1M	145.0M
Cash	187.1M	139.8M	106.1M	69.6M	62.6M	43.0M
Non Current Assets Total	3.2B	3.4B	4.9B	5.6B	5.3B	5.5B
Non Currrent Assets Other	7.0M	5.8M	6.9M	7.2M	6.6M	6.9M
Cash And Short Term Investments	187.1M	139.8M	106.1M	69.6M	62.6M	45.3M
Net Receivables	130.9M	132.4M	152.7M	149.8M	126.6M	73.3M
Common Stock Shares Outstanding	150.0M	151.5M	152.3M	152.8M	134.8M	154.5M
Liabilities And Stockholders Equity	3.8B	4.0B	5.6B	6.1B	5.8B	6.1B
Non Current Liabilities Total	1.2B	1.3B	2.0B	2.3B	2.2B	2.3B
Other Stockholder Equity	(63.5M)	77.0M	(8.8M)	(10.3M)	(9.5M)	(9.0M)
Total Liab	1.4B	1.5B	2.3B	2.6B	2.5B	2.6B
Property Plant And Equipment Gross	763.5M	1.4B	1.5B	1.5B	1.5B	1.6B
Total Current Assets	637.4M	579.9M	625.7M	565.2M	560.7M	588.7M
Accumulated Other Comprehensive Income	116.1M	160.9M	157.0M	165.6M	179.9M	185.2M
Common Stock	366.5M	397.1M	401.1M	410.2M	416.5M	218.7M
Inventory	278.1M	285.4M	327.2M	319.1M	355.2M	372.9M
Short Long Term Debt Total	751.2M	856.3M	1.1B	1.3B	1.3B	1.4B
Other Current Assets	41.2M	24.5M	42.8M	26.7M	16.4M	19.0M
Short Term Debt	29.7M	68.2M	54.9M	46.8M	55.4M	60.6M
Intangible Assets	178.5M	196.3M	141.5M	144.4M	30.8M	29.3M
Other Liab	464.7M	482.9M	903.4M	997.8M	1.1B	1.2B
Other Assets	7.0M	5.8M	6.9M	9.6M	8.7M	8.2M
Property Plant Equipment	763.5M	912.1M	968.5M	1.0B	1.2B	1.2B
Current Deferred Revenue	6.7M	5.2M	9.4M	8.5M	5.8M	6.1M
Long Term Debt	638.7M	614.5M	579.4M	711.6M	732.1M	415.7M
Good Will	161.2M	161.0M	100.3M	101.6M	72.0M	68.4M
Treasury Stock	(11.5M)	(12.3M)	(10.4M)	(10.2M)	(9.2M)	(9.6M)
Long Term Investments	2.2B	2.3B	3.8B	4.4B	4.3B	2.6B
Short Long Term Debt	642K	1.7M	40.9M	15.3M	13.7M	13.0M
Net Tangible Assets	2.2B	2.3B	3.1B	3.4B	3.9B	2.4B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Brickworks Stock Analysis

When running Brickworks' price analysis, check to measure Brickworks' 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 Brickworks is operating at the current time. Most of Brickworks' value examination focuses on studying past and present price action to predict the probability of Brickworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brickworks' price. Additionally, you may evaluate how the addition of Brickworks to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC