Brookfield Total Current Assets vs Net Receivables Analysis

BEPC Stock  USD 31.54  0.54  1.74%   
Brookfield Renewable financial indicator trend analysis is way more than just evaluating Brookfield Renewable Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Renewable Corp is a good investment. Please check the relationship between Brookfield Renewable Total Current Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Total Current Assets vs Net Receivables

Total Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Renewable Corp Total Current Assets account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brookfield Renewable's Total Current Assets and Net Receivables is 0.98. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Brookfield Renewable Corp, assuming nothing else is changed. The correlation between historical values of Brookfield Renewable's Total Current Assets and Net Receivables 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 Current Assets of Brookfield Renewable Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Assets i.e., Brookfield Renewable's Total Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Receivables

Most indicators from Brookfield Renewable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Renewable Corp 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 Brookfield Renewable Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At present, Brookfield Renewable's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.03, whereas Tax Provision is forecasted to decline to about 60.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense900M1.0B1.3B823.8M
Depreciation And Amortization1.1B1.2B1.3B1.0B

Brookfield Renewable fundamental ratios Correlations

0.660.790.710.970.651.01.00.610.921.00.940.840.920.910.390.950.990.680.730.990.940.170.980.97-0.47
0.660.760.120.620.040.670.630.440.560.660.570.580.560.54-0.180.710.70.610.450.730.55-0.170.670.65-0.71
0.790.760.490.780.510.780.760.210.830.780.680.930.830.740.220.850.750.940.740.80.80.290.750.83-0.2
0.710.120.490.60.780.710.720.110.590.710.820.560.590.560.30.60.610.620.740.580.640.420.580.60.09
0.970.620.780.60.680.960.970.610.970.970.850.860.970.920.450.940.960.640.630.980.960.150.990.99-0.42
0.650.040.510.780.680.650.670.030.720.650.580.660.720.60.380.640.550.60.430.570.690.620.650.690.24
1.00.670.780.710.960.651.00.610.911.00.950.830.910.90.370.950.990.680.730.980.930.150.970.97-0.48
1.00.630.760.720.970.671.00.620.921.00.940.830.920.910.410.950.990.660.70.980.940.160.980.97-0.46
0.610.440.210.110.610.030.610.620.510.610.550.370.510.70.490.530.72-0.080.30.670.59-0.210.650.59-0.82
0.920.560.830.590.970.720.910.920.510.920.770.921.00.940.490.890.90.70.690.930.980.320.930.96-0.28
1.00.660.780.710.970.651.01.00.610.920.950.830.920.910.380.950.990.680.730.980.940.160.970.97-0.48
0.940.570.680.820.850.580.950.940.550.770.950.710.770.790.320.860.920.640.780.890.820.10.860.85-0.44
0.840.580.930.560.860.660.830.830.370.920.830.710.920.890.520.890.810.820.760.850.920.460.830.9-0.16
0.920.560.830.590.970.720.910.920.511.00.920.770.920.940.490.890.90.70.690.930.980.320.930.96-0.28
0.910.540.740.560.920.60.90.910.70.940.910.790.890.940.60.850.920.560.740.930.980.330.910.93-0.42
0.39-0.180.220.30.450.380.370.410.490.490.380.320.520.490.60.390.40.060.350.370.530.260.40.460.08
0.950.710.850.60.940.640.950.950.530.890.950.860.890.890.850.390.950.740.610.950.890.180.960.98-0.43
0.990.70.750.610.960.550.990.990.720.90.990.920.810.90.920.40.950.60.680.990.920.080.980.96-0.59
0.680.610.940.620.640.60.680.66-0.080.70.680.640.820.70.560.060.740.60.710.650.660.390.620.70.04
0.730.450.740.740.630.430.730.70.30.690.730.780.760.690.740.350.610.680.710.690.760.380.590.64-0.14
0.990.730.80.580.980.570.980.980.670.930.980.890.850.930.930.370.950.990.650.690.950.110.980.98-0.56
0.940.550.80.640.960.690.930.940.590.980.940.820.920.980.980.530.890.920.660.760.950.360.930.96-0.33
0.17-0.170.290.420.150.620.150.16-0.210.320.160.10.460.320.330.260.180.080.390.380.110.360.140.220.44
0.980.670.750.580.990.650.970.980.650.930.970.860.830.930.910.40.960.980.620.590.980.930.140.99-0.52
0.970.650.830.60.990.690.970.970.590.960.970.850.90.960.930.460.980.960.70.640.980.960.220.99-0.42
-0.47-0.71-0.20.09-0.420.24-0.48-0.46-0.82-0.28-0.48-0.44-0.16-0.28-0.420.08-0.43-0.590.04-0.14-0.56-0.330.44-0.52-0.42
Click cells to compare fundamentals

Brookfield Renewable Account Relationship Matchups

Brookfield Renewable fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.8B39.5B42.0B43.3B49.4B38.0B
Other Current Liab125M7.6B6.4B(1.3B)6.2B6.5B
Total Current Liabilities1.4B3.3B3.1B3.0B8.3B8.8B
Total Stockholder Equity7.3B1.2B3.7B5.9B5.8B5.1B
Other Liab4.8B5.5B5.0B6.5B7.4B4.6B
Net Tangible Assets6.2B(26M)2.8B4.9B5.7B3.2B
Property Plant And Equipment Net32.6B36.1B37.9B37.8B44.0B34.1B
Net Debt12.0B12.5B13.1B14.5B15.8B11.5B
Accounts Payable118M3.3B3.1B3.0B184M174.8M
Cash304M355M410M642M792M419.9M
Non Current Assets Total34.4B37.8B39.6B40.1B46.1B35.9B
Non Currrent Assets Other193M177M57M(70M)21M22.1M
Other Assets197M217M401M652M749.8M787.3M
Cash And Short Term Investments304M355M410M642M792M419.9M
Net Receivables720M1.3B2.0B2.6B2.1B1.5B
Good Will949M970M849M1.8B854M1.1B
Common Stock Shares Outstanding361.9M361.8M361.8M361.8M374.1M382.5M
Non Current Liabilities Total16.5B24.5B24.7B23.4B24.0B19.4B
Other Current Assets137M45M83M53M369M387.5M
Other Stockholder Equity(1.5B)1.2B3.7B5.9B6.8B7.1B
Total Liab17.9B27.7B27.8B26.5B32.3B22.8B
Total Current Assets1.4B1.7B2.4B3.2B3.3B2.1B
Common Stock1.1B1.5B(5.8B)3.7B3.3B3.5B
Property Plant Equipment32.6B36.1B37.9B37.8B43.5B29.4B
Short Long Term Debt Total12.3B12.8B13.5B15.1B16.6B13.9B
Current Deferred Revenue558M(8.5B)(7.9B)51M45.9M48.2M
Long Term Debt5.5B12.8B13.5B13.8B14.2B11.9B
Liabilities And Stockholders Equity35.8B39.5B42.0B43.3B49.4B42.8B
Capital Lease Obligations66M392M371M364M501M310.6M
Inventory202M22M20M18M65M57.6M
Net Invested Capital13.4B14.0B17.2B19.7B21.9B18.2B
Long Term Investments348M372M455M451M644M469.5M
Property Plant And Equipment Gross22.3B36.1B37.9B37.8B44.0B36.6B
Short Long Term Debt156M886M1.5B1.3B1.9B1.1B
Non Current Liabilities Other44M7.4B6.2B4.4B94M89.3M
Net Working Capital132M(8.4B)(700M)187M(5.0B)(4.8B)
Short Term Debt623M916M1.5B1.3B1.9B1.2B

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When determining whether Brookfield Renewable Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookfield Renewable'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 Brookfield Renewable Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brookfield Renewable Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Brookfield Renewable's price analysis, check to measure Brookfield Renewable's 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 Brookfield Renewable is operating at the current time. Most of Brookfield Renewable's value examination focuses on studying past and present price action to predict the probability of Brookfield Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Renewable's price. Additionally, you may evaluate how the addition of Brookfield Renewable to your portfolios can decrease your overall portfolio volatility.
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Is Brookfield Renewable's 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 Brookfield Renewable. If investors know Brookfield 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 Brookfield Renewable 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
1.735
Dividend Share
1.383
Earnings Share
7.91
Revenue Per Share
12.352
Quarterly Revenue Growth
0.065
The market value of Brookfield Renewable Corp is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Renewable's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Renewable'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 Brookfield Renewable's market value can be influenced by many factors that don't directly affect Brookfield Renewable'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 Brookfield Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Renewable'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.