BRP Ptb Ratio vs Free Cash Flow Yield Analysis

DOO Stock

CAD 68.39 0.77 1.14%

BRP financial indicator trend analysis is way more than just evaluating BRP Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRP Inc is a good investment. Please check the relationship between BRP Ptb Ratio and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. 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.

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BRP Inc Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between BRP's Ptb Ratio and Free Cash Flow Yield is 0.36. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of BRP Inc, assuming nothing else is changed. The correlation between historical values of BRP's Ptb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of BRP Inc are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., BRP's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from BRP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRP Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. 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 this time, BRP's Issuance Of Capital Stock is very stable compared to the past year. As of the 1st of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.04, while Selling General Administrative is likely to drop about 236.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	61.8M	114.2M	181.1M	190.2M
Depreciation And Amortization	273.6M	310.4M	391.7M	215.5M

Interest Expense Depreciation And Amortization

BRP fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.98	0.94	0.94	0.41	0.99	-0.67	0.94	0.36	0.95	0.2	0.99	-0.43	0.26	0.91	0.76	-0.05	-0.92	0.9	0.97	0.97	0.78	-0.5	0.98	0.86	0.99
Short Long Term Debt Total	0.98		0.94	0.92	0.31	0.95	-0.72	0.91	0.3	0.91	0.32	0.95	-0.37	0.38	0.84	0.72	-0.09	-0.9	0.89	1.0	0.92	0.74	-0.56	0.98	0.8	0.98
Other Current Liab	0.94	0.94		0.99	0.17	0.94	-0.71	0.9	0.12	0.98	0.2	0.94	-0.56	0.27	0.85	0.68	-0.03	-0.95	0.83	0.95	0.91	0.68	-0.48	0.99	0.77	0.93
Total Current Liabilities	0.94	0.92	0.99		0.19	0.95	-0.67	0.91	0.13	0.99	0.13	0.94	-0.56	0.2	0.86	0.65	0.0	-0.95	0.82	0.92	0.92	0.73	-0.43	0.98	0.8	0.92
Total Stockholder Equity	0.41	0.31	0.17	0.19		0.39	-0.1	0.36	0.95	0.25	-0.07	0.39	-0.04	-0.06	0.48	0.43	-0.04	-0.36	0.61	0.28	0.45	0.44	-0.01	0.24	0.69	0.41
Property Plant And Equipment Net	0.99	0.95	0.94	0.95	0.39		-0.64	0.97	0.32	0.97	0.06	1.0	-0.49	0.12	0.95	0.8	0.02	-0.93	0.87	0.94	0.99	0.75	-0.45	0.97	0.86	0.95
Current Deferred Revenue	-0.67	-0.72	-0.71	-0.67	-0.1	-0.64		-0.67	-0.12	-0.64	-0.2	-0.69	0.16	-0.24	-0.54	-0.66	0.23	0.74	-0.64	-0.76	-0.6	-0.36	0.3	-0.73	-0.59	-0.63
Net Debt	0.94	0.91	0.9	0.91	0.36	0.97	-0.67		0.26	0.92	-0.1	0.98	-0.39	-0.02	0.95	0.84	0.07	-0.89	0.84	0.91	0.98	0.7	-0.54	0.93	0.84	0.89
Retained Earnings	0.36	0.3	0.12	0.13	0.95	0.32	-0.12	0.26		0.16	0.12	0.32	0.02	0.12	0.33	0.38	-0.35	-0.3	0.55	0.26	0.36	0.43	-0.01	0.2	0.61	0.39
Accounts Payable	0.95	0.91	0.98	0.99	0.25	0.97	-0.64	0.92	0.16		0.08	0.95	-0.58	0.14	0.91	0.7	0.07	-0.95	0.82	0.91	0.94	0.71	-0.38	0.97	0.82	0.92
Cash	0.2	0.32	0.2	0.13	-0.07	0.06	-0.2	-0.1	0.12	0.08		0.05	0.02	0.99	-0.16	-0.2	-0.38	-0.12	0.23	0.31	-0.03	0.19	-0.12	0.23	0.0	0.32
Non Current Assets Total	0.99	0.95	0.94	0.94	0.39	1.0	-0.69	0.98	0.32	0.95	0.05		-0.45	0.12	0.95	0.83	-0.01	-0.93	0.87	0.95	0.98	0.73	-0.47	0.97	0.86	0.95
Non Currrent Assets Other	-0.43	-0.37	-0.56	-0.56	-0.04	-0.49	0.16	-0.39	0.02	-0.58	0.02	-0.45		0.0	-0.47	-0.37	-0.08	0.55	-0.29	-0.38	-0.44	-0.22	0.13	-0.47	-0.36	-0.41
Cash And Short Term Investments	0.26	0.38	0.27	0.2	-0.06	0.12	-0.24	-0.02	0.12	0.14	0.99	0.12	0.0		-0.1	-0.17	-0.37	-0.18	0.3	0.38	0.04	0.25	-0.21	0.3	0.05	0.39
Net Receivables	0.91	0.84	0.85	0.86	0.48	0.95	-0.54	0.95	0.33	0.91	-0.16	0.95	-0.47	-0.1		0.83	0.18	-0.85	0.81	0.83	0.97	0.63	-0.42	0.87	0.85	0.86
Good Will	0.76	0.72	0.68	0.65	0.43	0.8	-0.66	0.84	0.38	0.7	-0.2	0.83	-0.37	-0.17	0.83		-0.08	-0.7	0.62	0.74	0.8	0.38	-0.32	0.71	0.68	0.68
Common Stock Total Equity	-0.05	-0.09	-0.03	0.0	-0.04	0.02	0.23	0.07	-0.35	0.07	-0.38	-0.01	-0.08	-0.37	0.18	-0.08		0.02	-0.03	-0.09	0.03	-0.08	0.0	-0.05	-0.03	-0.09
Common Stock Shares Outstanding	-0.92	-0.9	-0.95	-0.95	-0.36	-0.93	0.74	-0.89	-0.3	-0.95	-0.12	-0.93	0.55	-0.18	-0.85	-0.7	0.02		-0.9	-0.9	-0.9	-0.69	0.36	-0.94	-0.9	-0.89
Short Term Investments	0.9	0.89	0.83	0.82	0.61	0.87	-0.64	0.84	0.55	0.82	0.23	0.87	-0.29	0.3	0.81	0.62	-0.03	-0.9		0.88	0.87	0.76	-0.46	0.87	0.94	0.91
Non Current Liabilities Total	0.97	1.0	0.95	0.92	0.28	0.94	-0.76	0.91	0.26	0.91	0.31	0.95	-0.38	0.38	0.83	0.74	-0.09	-0.9	0.88		0.91	0.69	-0.54	0.98	0.79	0.96
Inventory	0.97	0.92	0.91	0.92	0.45	0.99	-0.6	0.98	0.36	0.94	-0.03	0.98	-0.44	0.04	0.97	0.8	0.03	-0.9	0.87	0.91		0.78	-0.51	0.93	0.87	0.93
Other Current Assets	0.78	0.74	0.68	0.73	0.44	0.75	-0.36	0.7	0.43	0.71	0.19	0.73	-0.22	0.25	0.63	0.38	-0.08	-0.69	0.76	0.69	0.78		-0.42	0.73	0.73	0.81
Other Stockholder Equity	-0.5	-0.56	-0.48	-0.43	-0.01	-0.45	0.3	-0.54	-0.01	-0.38	-0.12	-0.47	0.13	-0.21	-0.42	-0.32	0.0	0.36	-0.46	-0.54	-0.51	-0.42		-0.5	-0.25	-0.51
Total Liab	0.98	0.98	0.99	0.98	0.24	0.97	-0.73	0.93	0.2	0.97	0.23	0.97	-0.47	0.3	0.87	0.71	-0.05	-0.94	0.87	0.98	0.93	0.73	-0.5		0.81	0.96
Property Plant And Equipment Gross	0.86	0.8	0.77	0.8	0.69	0.86	-0.59	0.84	0.61	0.82	0.0	0.86	-0.36	0.05	0.85	0.68	-0.03	-0.9	0.94	0.79	0.87	0.73	-0.25	0.81		0.83
Total Current Assets	0.99	0.98	0.93	0.92	0.41	0.95	-0.63	0.89	0.39	0.92	0.32	0.95	-0.41	0.39	0.86	0.68	-0.09	-0.89	0.91	0.96	0.93	0.81	-0.51	0.96	0.83

Click cells to compare fundamentals

BRP Account Relationship Matchups

BRP fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8B	4.9B	5.0B	6.5B	6.8B	4.0B
Short Long Term Debt Total	1.9B	2.6B	2.2B	3.0B	3.0B	1.8B
Other Current Liab	940.6M	1.2B	1.1B	1.2B	1.2B	851.9M
Total Current Liabilities	1.9B	2.2B	2.6B	2.5B	2.5B	1.8B
Total Stockholder Equity	(589.7M)	(478.7M)	(135.6M)	534.9M	808.9M	849.3M
Property Plant And Equipment Net	1.2B	1.3B	1.6B	2.0B	2.2B	1.2B
Current Deferred Revenue	71.8M	72.4M	247.9M	85.3M	89.9M	85.4M
Net Debt	1.8B	1.3B	1.9B	2.8B	2.5B	1.5B
Retained Earnings	(757M)	(575.9M)	(404.3M)	175.5M	443.1M	465.3M
Accounts Payable	754.8M	814.7M	965.3M	943.7M	1.0B	727.4M
Cash	42.5M	1.3B	265.8M	202.3M	491.8M	370.1M
Non Current Assets Total	2.1B	2.0B	2.4B	3.1B	3.2B	1.9B
Non Currrent Assets Other	15.9M	21.3M	27.3M	24.8M	20.5M	22.7M
Cash And Short Term Investments	61.6M	1.4B	339.4M	324.9M	491.8M	403.6M
Net Receivables	417.5M	339.9M	497.3M	698.9M	717.1M	440.2M
Common Stock Total Equity	234.8M	217.8M	190.6M	210.4M	189.4M	201.1M
Common Stock Shares Outstanding	93.8M	88.6M	85.3M	80.9M	78.5M	81.1M
Short Term Investments	19.1M	76.5M	73.6M	122.6M	106.6M	111.9M
Liabilities And Stockholders Equity	3.8B	4.9B	5.0B	6.5B	6.8B	4.0B
Non Current Liabilities Total	2.5B	3.2B	2.5B	3.4B	3.5B	2.3B
Inventory	1.2B	1.1B	1.7B	2.3B	2.2B	1.2B
Other Current Assets	26.8M	109.4M	213.7M	189.3M	164.3M	93.4M
Other Stockholder Equity	(32.6M)	(154M)	(3.2M)	(431.3M)	71.8M	75.4M
Total Liab	4.4B	5.4B	5.2B	5.9B	6.0B	4.0B
Property Plant And Equipment Gross	1.2B	1.3B	2.9B	3.5B	3.9B	4.1B
Total Current Assets	1.7B	2.9B	2.7B	3.4B	3.5B	2.1B
Accumulated Other Comprehensive Income	5.2M	40.8M	11.3M	44.8M	45.5M	47.8M
Short Term Debt	49.5M	58.8M	132.5M	133.1M	104.4M	109.6M
Intangible Assets	379.9M	349.1M	379M	489M	412.8M	327.9M
Common Stock	190.6M	210.4M	260.6M	255.8M	248.5M	201.8M
Other Liab	524.5M	635.9M	577.6M	489.4M	562.8M	513.1M
Net Tangible Assets	(1.2B)	(943.8M)	(630.5M)	(206.4M)	(185.8M)	(195.0M)
Other Assets	222.5M	248.4M	293.3M	261.2M	300.4M	216.5M
Long Term Debt	1.6B	2.4B	1.9B	2.7B	2.7B	1.8B
Long Term Investments	20.2M	31.6M	53.2M	69.3M	49.6M	34.9M
Short Long Term Debt	17.9M	25.3M	103.1M	88.4M	58.1M	93.1M
Property Plant Equipment	1.2B	1.3B	1.6B	2.0B	2.3B	2.4B
Long Term Debt Total	1.8B	2.6B	2.1B	2.9B	3.3B	1.9B
Capital Surpluse	(32.6M)	(154M)	(3.2M)	58.8M	52.9M	55.6M

Pair Trading with BRP

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 BRP 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 BRP will appreciate offsetting losses from the drop in the long position's value.

Moving against BRP Stock

0.85	BNS	Bank of Nova Scotia Earnings Call This Week	Pair Corr
0.81	AMZN	Amazon CDR	Pair Corr
0.8	WMT	Walmart Inc CDR	Pair Corr
0.77	BOFA	Bank of America	Pair Corr
0.7	GOOG	Alphabet CDR	Pair Corr

The ability to find closely correlated positions to BRP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRP 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 BRP - 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 BRP Inc to buy it.

The correlation of BRP 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 BRP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRP Inc 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 BRP 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.

Pair Correlation Correlation Matching

When determining whether BRP Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BRP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brp Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brp Inc Stock:

How To Invest In BRP

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Is BRP Stock a good investment?

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What is BRP's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. 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.

You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Please note, there is a significant difference between BRP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRP'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.

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BRP Ptb Ratio vs Free Cash Flow Yield Analysis

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Ptb Ratio

Free Cash Flow Yield

BRP fundamental ratios Correlations

BRP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BRP fundamental ratios Accounts

Pair Trading with BRP

Moving against BRP Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab

Common Stock Shares Outstanding	- 0.95	Accounts Payable
Common Stock Shares Outstanding	- 0.95	Total Current Liabilities
Common Stock Shares Outstanding	- 0.95	Other Current Liab
Total Liab	- 0.94	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.93	Non Current Assets Total
Common Stock Shares Outstanding	- 0.93	Property Plant And Equipment Net