BXB Stock | | | 19.07 0.32 1.65% |
Brambles financial indicator trend analysis is way more than just evaluating Brambles prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brambles is a good investment. Please check the relationship between Brambles Depreciation And Amortization and its Extraordinary Items accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brambles. 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.
Depreciation And Amortization vs Extraordinary Items
Depreciation And Amortization vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brambles Depreciation And Amortization account and
Extraordinary Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brambles' Depreciation And Amortization and Extraordinary Items is -0.05. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Brambles, assuming nothing else is changed. The correlation between historical values of Brambles' Depreciation And Amortization and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Brambles are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Depreciation And Amortization i.e., Brambles' Depreciation And Amortization and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Extraordinary Items
Most indicators from Brambles' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brambles 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 Brambles. 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 904.2
M in 2024.
Discontinued Operations is likely to drop to about 48.1
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 77.5M | 102.3M | 109.6M | 86.4M | Depreciation And Amortization | 691.9M | 730.1M | 802M | 425.5M |
Brambles fundamental ratios Correlations
Click cells to compare fundamentals
Brambles Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brambles fundamental ratios Accounts
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Additional Tools for Brambles Stock Analysis
When running Brambles' price analysis, check to
measure Brambles' 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 Brambles is operating at the current time. Most of Brambles' value examination focuses on studying past and present price action to
predict the probability of Brambles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brambles' price. Additionally, you may evaluate how the addition of Brambles to your portfolios can decrease your overall portfolio volatility.