BRK-A Stock | | | USD 723,549 5,029 0.70% |
Berkshire Hathaway financial indicator trend analysis is way more than just evaluating Berkshire Hathaway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hathaway is a good investment. Please check the relationship between Berkshire Hathaway Total Assets and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. 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 Assets vs Other Current Liab
Total Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Berkshire Hathaway Total Assets account and
Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Berkshire Hathaway's Total Assets and Other Current Liab is -0.5. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Berkshire Hathaway, assuming nothing else is changed. The correlation between historical values of Berkshire Hathaway's Total Assets and Other Current Liab 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 Assets of Berkshire Hathaway are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Berkshire Hathaway's Total Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.5 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Berkshire Hathaway 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 Berkshire Hathaway 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.
Other Current Liab
Most indicators from Berkshire Hathaway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hathaway 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 Berkshire Hathaway. 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, Berkshire Hathaway's
Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's
Enterprise Value is expected to grow to about 908.7
B, whereas
Selling General Administrative is forecasted to decline to about 5.2
B.
Berkshire Hathaway fundamental ratios Correlations
Click cells to compare fundamentals
Berkshire Hathaway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Berkshire Hathaway fundamental ratios Accounts
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Other Information on Investing in Berkshire Stock
Balance Sheet is a snapshot of the
financial position of Berkshire Hathaway at a specified time, usually calculated after every quarter, six months, or one year. Berkshire Hathaway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Berkshire Hathaway 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 Berkshire currently owns. An asset can also be divided into two categories, current and non-current.