Brown Free Cash Flow vs Depreciation Analysis
BRO Stock | USD 102.93 0.63 0.62% |
Brown Brown financial indicator trend analysis is way more than just evaluating Brown Brown prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brown Brown is a good investment. Please check the relationship between Brown Brown Free Cash Flow and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brown Brown. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.
Free Cash Flow vs Depreciation
Free Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brown Brown Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brown Brown's Free Cash Flow and Depreciation is 0.96. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Brown Brown, assuming nothing else is changed. The correlation between historical values of Brown Brown's Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Brown Brown are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Brown Brown's Free Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Depreciation
Depreciation indicates how much of Brown Brown value has been used up. For tax purposes Brown Brown can deduct the cost of the tangible assets it purchases as business expenses. However, Brown Brown must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Brown Brown's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brown Brown 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 Brown. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.At this time, Brown Brown's Selling General Administrative is very stable compared to the past year. As of the 21st of December 2024, Enterprise Value is likely to grow to about 916.5 M, while Tax Provision is likely to drop about 169 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.8B | 1.4B | 1.5B | Total Revenue | 3.0B | 3.6B | 4.3B | 4.5B |
Brown Brown fundamental ratios Correlations
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Brown Brown Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brown Brown fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.6B | 9.0B | 9.8B | 14.0B | 14.9B | 15.6B | |
Short Long Term Debt Total | 1.7B | 2.3B | 2.2B | 4.1B | 4.0B | 4.2B | |
Other Current Liab | 396.2M | 317.7M | 1.9B | 3.5B | 3.3B | 3.5B | |
Total Current Liabilities | 2.0B | 2.4B | 2.7B | 4.6B | 5.0B | 5.2B | |
Total Stockholder Equity | 3.4B | 3.8B | 4.2B | 4.6B | 5.6B | 5.9B | |
Property Plant And Equipment Net | 332.9M | 388.1M | 409M | 454.8M | 469.1M | 492.6M | |
Net Debt | 1.2B | 1.5B | 1.3B | 3.5B | 3.3B | 3.5B | |
Retained Earnings | 3.1B | 3.5B | 4.0B | 4.6B | 5.3B | 5.6B | |
Cash | 542.2M | 817.4M | 887.1M | 650M | 700.3M | 735.3M | |
Non Current Assets Total | 5.1B | 6.0B | 6.5B | 9.0B | 9.8B | 10.2B | |
Non Currrent Assets Other | (223.5M) | (194.6M) | (180.0M) | (353.1M) | 301.8M | 316.9M | |
Cash And Short Term Investments | 554.5M | 835.7M | 900M | 662M | 711.3M | 746.9M | |
Net Receivables | 1.0B | 1.1B | 1.3B | 2.4B | 2.0B | 2.1B | |
Common Stock Shares Outstanding | 274.6M | 275.9M | 277.4M | 278.6M | 280.8M | 366.4M | |
Liabilities And Stockholders Equity | 7.6B | 9.0B | 9.8B | 14.0B | 14.9B | 15.6B | |
Non Current Liabilities Total | 2.2B | 2.9B | 2.9B | 4.8B | 4.3B | 4.6B | |
Other Current Assets | 152.1M | 979.8M | 1.3B | 2.0B | 2.4B | 2.5B | |
Other Stockholder Equity | (3.0B) | 203.6M | 175.5M | 171.7M | 279M | 293.0M | |
Total Liab | 4.3B | 5.2B | 5.6B | 9.4B | 9.3B | 9.8B | |
Property Plant And Equipment Gross | 332.9M | 388.1M | 409M | 454.8M | 723.4M | 759.6M | |
Total Current Assets | 2.5B | 3.0B | 3.3B | 5.0B | 5.1B | 5.4B | |
Short Term Debt | 55M | 113.5M | 85.9M | 295.6M | 614.1M | 644.8M | |
Intangible Assets | 916.8M | 1.0B | 1.1B | 1.6B | 1.6B | 1.7B | |
Accounts Payable | 1.1B | 1.4B | 242.7M | 286.5M | 458.9M | 308.0M | |
Current Deferred Revenue | 479.8M | 480.1M | 514.6M | 412.3M | 540.6M | 567.6M | |
Common Stock Total Equity | 29.3M | 29.7M | 30.0M | 30.1M | 34.6M | 36.3M | |
Short Term Investments | 12.9M | 12.3M | 18.3M | 12M | 11M | 8.2M | |
Common Stock | 29.7M | 30M | 30.1M | 30.3M | 30.4M | 31.9M | |
Other Liab | 559.0M | 659.1M | 770.7M | 882.9M | 1.0B | 1.1B | |
Other Assets | 104.9M | 562.7M | 206.8M | 230.9M | 32.4M | 30.8M | |
Long Term Debt | 1.5B | 2.0B | 2.0B | 3.7B | 3.2B | 3.4B | |
Inventory | 786.8M | 832.1M | 975.4M | 1.8B | 1.0 | 0.95 | |
Property Plant Equipment | 148.6M | 201.1M | 409M | 454.8M | 523.0M | 549.2M | |
Good Will | 3.7B | 4.4B | 4.7B | 6.7B | 7.3B | 7.7B | |
Net Tangible Assets | (1.1B) | (1.5B) | (1.6B) | (3.7B) | (3.3B) | (3.1B) | |
Retained Earnings Total Equity | 2.8B | 3.1B | 3.5B | 4.0B | 4.6B | 2.5B | |
Long Term Debt Total | 1.5B | 2.0B | 2.0B | 3.7B | 4.2B | 4.5B | |
Capital Surpluse | 716.0M | 794.9M | 849.4M | 919.7M | 1.1B | 591.9M | |
Deferred Long Term Liab | 328.3M | 344.2M | 386.8M | 76M | 87.4M | 83.0M |
Pair Trading with Brown Brown
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 Brown Brown 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 Brown Brown will appreciate offsetting losses from the drop in the long position's value.Moving together with Brown Stock
Moving against Brown Stock
0.46 | ERIE | Erie Indemnity | PairCorr |
0.41 | RELI | Reliance Global Group | PairCorr |
0.35 | HUIZ | Huize Holding | PairCorr |
The ability to find closely correlated positions to Brown Brown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Brown 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 Brown Brown - 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 Brown Brown to buy it.
The correlation of Brown Brown 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 Brown Brown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Brown 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 Brown Brown 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 Brown Brown. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Insurance Brokers 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 Brown Brown. If investors know Brown 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 Brown Brown 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 0.311 | Dividend Share 0.52 | Earnings Share 3.67 | Revenue Per Share 16.261 | Quarterly Revenue Growth 0.099 |
The market value of Brown Brown is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Brown's value that differs from its market value or its book value, called intrinsic value, which is Brown Brown'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 Brown Brown's market value can be influenced by many factors that don't directly affect Brown Brown'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 Brown Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Brown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Brown'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.