Brinks Non Current Assets Total vs Total Current Liabilities Analysis

BCO Stock  USD 100.11  3.43  3.55%   
Brinks financial indicator trend analysis is way more than just evaluating Brinks Company prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brinks Company is a good investment. Please check the relationship between Brinks Non Current Assets Total and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brinks Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brinks Company Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Brinks' Non Current Assets Total and Total Current Liabilities is 0.8. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Brinks Company, assuming nothing else is changed. The correlation between historical values of Brinks' Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Brinks Company are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Brinks' Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Brinks balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Brinks Company are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Brinks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brinks Company 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 Brinks Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
As of the 22nd of May 2024, Selling General Administrative is likely to drop to about 508.8 M. In addition to that, Discontinued Operations is likely to drop to about (3.5 M)
 2021 2022 2023 2024 (projected)
Gross Profit964.4M1.1B1.2B775.8M
Total Revenue4.2B4.5B4.9B3.6B

Brinks fundamental ratios Correlations

0.990.840.89-0.120.840.95-0.360.630.910.980.490.910.75-0.730.31-0.270.970.970.630.661.00.840.960.7-0.71
0.990.810.87-0.210.820.97-0.410.610.90.990.540.90.73-0.680.32-0.230.980.960.560.671.00.820.940.71-0.65
0.840.810.950.120.590.69-0.310.550.910.760.120.920.47-0.920.1-0.40.720.850.670.280.810.930.910.73-0.88
0.890.870.950.060.640.74-0.240.50.970.80.120.970.54-0.930.24-0.270.770.880.710.390.860.980.970.82-0.89
-0.12-0.210.120.06-0.08-0.290.310.28-0.02-0.21-0.34-0.020.09-0.22-0.36-0.08-0.28-0.120.58-0.28-0.2-0.020.04-0.28-0.23
0.840.820.590.64-0.080.86-0.260.590.640.870.390.630.89-0.490.23-0.40.860.820.540.760.840.60.740.49-0.41
0.950.970.690.74-0.290.86-0.450.620.770.990.660.770.75-0.520.31-0.280.990.930.460.750.970.680.830.6-0.51
-0.36-0.41-0.31-0.240.31-0.26-0.45-0.68-0.26-0.42-0.58-0.27-0.030.110.560.09-0.41-0.470.10.1-0.39-0.23-0.24-0.180.05
0.630.610.550.50.280.590.62-0.680.50.640.580.510.54-0.39-0.47-0.210.60.660.540.180.60.410.560.11-0.33
0.910.90.910.97-0.020.640.77-0.260.50.830.251.00.58-0.870.28-0.110.820.870.660.440.890.950.980.8-0.82
0.980.990.760.8-0.210.870.99-0.420.640.830.60.830.76-0.620.3-0.30.990.950.540.710.990.750.890.63-0.6
0.490.540.120.12-0.340.390.66-0.580.580.250.60.250.430.10.00.110.630.440.030.430.530.050.29-0.020.07
0.910.90.920.97-0.020.630.77-0.270.511.00.830.250.58-0.870.27-0.110.820.870.660.430.890.950.980.8-0.82
0.750.730.470.540.090.890.75-0.030.540.580.760.430.58-0.380.32-0.160.760.650.610.820.740.450.680.3-0.31
-0.73-0.68-0.92-0.93-0.22-0.49-0.520.11-0.39-0.87-0.620.1-0.87-0.38-0.140.37-0.57-0.72-0.77-0.2-0.69-0.93-0.86-0.680.97
0.310.320.10.24-0.360.230.310.56-0.470.280.30.00.270.32-0.140.00.340.190.080.660.330.250.30.42-0.21
-0.27-0.23-0.4-0.27-0.08-0.4-0.280.09-0.21-0.11-0.30.11-0.11-0.160.370.0-0.23-0.32-0.33-0.15-0.25-0.27-0.2-0.10.39
0.970.980.720.77-0.280.860.99-0.410.60.820.990.630.820.76-0.570.34-0.230.940.490.740.990.720.870.63-0.56
0.970.960.850.88-0.120.820.93-0.470.660.870.950.440.870.65-0.720.19-0.320.940.560.590.960.820.920.73-0.69
0.630.560.670.710.580.540.460.10.540.660.540.030.660.61-0.770.08-0.330.490.560.30.570.640.730.27-0.77
0.660.670.280.39-0.280.760.750.10.180.440.710.430.430.82-0.20.66-0.150.740.590.30.680.30.540.36-0.19
1.01.00.810.86-0.20.840.97-0.390.60.890.990.530.890.74-0.690.33-0.250.990.960.570.680.820.940.71-0.66
0.840.820.930.98-0.020.60.68-0.230.410.950.750.050.950.45-0.930.25-0.270.720.820.640.30.820.930.85-0.87
0.960.940.910.970.040.740.83-0.240.560.980.890.290.980.68-0.860.3-0.20.870.920.730.540.940.930.76-0.83
0.70.710.730.82-0.280.490.6-0.180.110.80.63-0.020.80.3-0.680.42-0.10.630.730.270.360.710.850.76-0.62
-0.71-0.65-0.88-0.89-0.23-0.41-0.510.05-0.33-0.82-0.60.07-0.82-0.310.97-0.210.39-0.56-0.69-0.77-0.19-0.66-0.87-0.83-0.62
Click cells to compare fundamentals

Brinks Account Relationship Matchups

Brinks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B5.1B5.6B6.4B6.6B6.9B
Short Long Term Debt Total1.9B2.8B3.2B3.7B3.9B4.1B
Other Current Liab100.3M535.4M657.1M726M1.3B1.4B
Total Current Liabilities812.9M985.2M1.1B1.3B1.9B2.0B
Total Stockholder Equity207.6M202.5M252.6M570.2M397.4M369.2M
Property Plant And Equipment Net1.0B1.2B1.2B1.2B1.4B846.8M
Net Debt1.6B2.1B2.5B2.7B2.2B2.3B
Retained Earnings457.4M407.5M312.9M417.2M333M469.6M
Accounts Payable184.5M206M211.2M296.5M249.7M201.7M
Cash311M620.9M710.3M972M1.7B1.8B
Non Current Assets Total2.7B3.5B3.8B4.1B3.8B4.0B
Non Currrent Assets Other278M363.5M442.3M533M128.3M241.1M
Cash And Short Term Investments311M620.9M710.3M972M1.7B1.8B
Net Receivables635.6M679.1M701.8M862.2M796.3M575.0M
Common Stock Total Equity50.1M49.5M47.4M46.3M41.7M40.7M
Common Stock Shares Outstanding51.1M50.8M50.1M47.8M46.9M53.3M
Liabilities And Stockholders Equity3.8B5.1B5.6B6.4B6.6B6.9B
Non Current Liabilities Total2.7B3.9B4.2B4.5B4.1B4.3B
Inventory5.8M137.3M279.1M333.4M383.4M402.6M
Other Current Assets20.7M42.9M43M438.5M308.4M323.8M
Other Stockholder Equity679.1M745.5M800.2M807.2M675.9M612.8M
Total Liab3.6B4.9B5.3B5.8B6.1B6.4B
Property Plant And Equipment Gross1.0B1.2B1.2B1.2B3.0B3.1B
Total Current Assets1.1B1.6B1.8B2.3B2.8B2.9B
Accumulated Other Comprehensive Income(979M)(1B)(907.9M)(700.5M)(656M)(688.8M)
Short Term Debt154.7M228.7M202.3M47.2M348.3M365.7M
Common Stock50.1M49.5M47.4M46.3M44.5M40.5M
Intangible Assets272.5M426.1M491.2M535.5M488.3M512.7M
Other Liab781M1.2B1.0B579.6M666.5M824.2M
Other Assets413.9M423.5M1.3B454.5M522.7M509.9M
Long Term Debt1.6B2.3B3.0B3.3B3.3B3.4B
Good Will784.6M1.2B1.4B1.5B1.5B1.5B
Property Plant Equipment763.3M838.2M1.2B935.3M841.8M631.3M
Current Deferred Revenue373.4M15.1M17.9M246.2M21.4M20.3M
Net Tangible Assets(865.3M)(1.5B)(1.7B)(1.5B)(1.4B)(1.3B)
Noncontrolling Interest In Consolidated Entity15.8M73.7M129.6M123.1M141.6M148.6M
Retained Earnings Total Equity457.4M407.5M312.9M417.2M375.5M378.0M
Long Term Debt Total1.6B2.3B2.8B3.3B3.8B4.0B

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When determining whether Brinks Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brinks' 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 Brinks Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brinks Company Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brinks Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Brinks Company information on this page should be used as a complementary analysis to other Brinks' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Brinks' price analysis, check to measure Brinks' 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 Brinks is operating at the current time. Most of Brinks' value examination focuses on studying past and present price action to predict the probability of Brinks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brinks' price. Additionally, you may evaluate how the addition of Brinks to your portfolios can decrease your overall portfolio volatility.
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Is Brinks' industry 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 Brinks. If investors know Brinks 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 Brinks 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
2.463
Dividend Share
0.88
Earnings Share
2.71
Revenue Per Share
107.716
Quarterly Revenue Growth
0.043
The market value of Brinks Company is measured differently than its book value, which is the value of Brinks that is recorded on the company's balance sheet. Investors also form their own opinion of Brinks' value that differs from its market value or its book value, called intrinsic value, which is Brinks' 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 Brinks' market value can be influenced by many factors that don't directly affect Brinks' 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 Brinks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Brinks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brinks' 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.