Broadridge Historical Balance Sheet

BR Stock  USD 203.84  2.13  1.06%   
Trend analysis of Broadridge Financial Solutions balance sheet accounts such as Other Current Liab of 814.8 M or Total Current Liabilities of 2.9 B provides information on Broadridge Financial's total assets, liabilities, and equity, which is the actual value of Broadridge Financial to its prevalent stockholders. By breaking down trends over time using Broadridge Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Broadridge Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Broadridge Financial is a good buy for the upcoming year.

Broadridge Financial Inventory

41.18 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadridge Financial Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Broadridge Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Broadridge Financial at a specified time, usually calculated after every quarter, six months, or one year. Broadridge Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Broadridge Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Broadridge currently owns. An asset can also be divided into two categories, current and non-current.

Broadridge Financial Balance Sheet Chart

Broadridge Financial Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Broadridge Financial uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Broadridge Financial's Accounts Payable is relatively stable compared to the past year. As of 03/28/2024, Cash is likely to grow to about 323.5 M, while Non Currrent Assets Other are likely to drop slightly above 509 M.

Total Assets

Total assets refers to the total amount of Broadridge Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Broadridge Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Broadridge Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Broadridge Financial Solutions 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Broadridge Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Broadridge Financial current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Broadridge Financial Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Broadridge Financial's Accounts Payable is relatively stable compared to the past year. As of 03/28/2024, Cash is likely to grow to about 323.5 M, while Non Currrent Assets Other are likely to drop slightly above 509 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities824.6M862.2M776.0M814.8M
Total Assets8.2B8.2B9.5B9.9B

Broadridge Financial balance sheet Correlations

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Click cells to compare fundamentals

Broadridge Financial Account Relationship Matchups

Broadridge Financial balance sheet Accounts

201920202021202220232024 (projected)
Total Assets4.9B8.1B8.2B8.2B9.5B9.9B
Other Current Liab560.1M813.6M824.6M862.2M776.0M814.8M
Total Current Liabilities1.3B1.3B1.3B2.4B2.8B2.9B
Total Stockholder Equity1.3B1.8B1.9B2.2B2.6B2.7B
Other Liab526.4M1.1B915.5M1.2B1.3B1.4B
Property Plant And Equipment Net161.6M177.2M150.9M145.7M167.6M132.7M
Current Deferred Revenue111.2M185.3M198.5M199.8M229.8M241.3M
Net Debt1.3B3.6B3.6B3.2B3.6B3.8B
Accounts Payable829.9M248.9M244.9M157.3M180.9M226.6M
Cash476.6M274.5M224.7M252.3M290.1M323.5M
Non Current Assets Total3.6B6.9B6.8B6.8B7.9B8.3B
Non Currrent Assets Other1.1B1.5B1.9B829.2M953.6M509.0M
Other Assets300K200K(100K)1.2B1.4B1.5B
Cash And Short Term Investments476.6M274.5M224.7M252.3M290.1M344.7M
Net Receivables711.3M820.3M946.9M974M876.6M601.9M
Good Will1.7B3.7B3.5B3.5B4.0B4.2B
Common Stock Shares Outstanding117M117.8M118.5M119M107.1M101.5M
Short Term Investments400K500K700K600K630K598.5K
Liabilities And Stockholders Equity4.9B8.1B8.2B8.2B9.5B9.9B
Non Current Liabilities Total2.2B5.0B4.9B3.6B4.1B4.3B
Other Current Assets140.1M166.5M156.8M166.2M149.6M131.4M
Other Stockholder Equity(857.2M)(785.4M)(680.1M)(589.3M)(530.4M)(503.9M)
Total Liab3.5B6.3B6.2B6.0B6.9B7.2B
Property Plant And Equipment Gross454.2M439.2M150.9M752.2M865.0M908.3M
Total Current Assets1.3B1.3B1.3B1.4B1.3B984.1M
Accumulated Other Comprehensive Income(100.4M)9.2M(226.3M)(284.7M)(256.2M)(243.4M)
Short Term Debt399.9M40.2M45.4M1.2B1.4B1.4B
Intangible Assets583.8M1.4B1.1B1.5B1.7B1.8B
Property Plant Equipment454.2M177.2M150.9M145.7M167.6M150.5M
Short Long Term Debt Total1.8B3.9B3.8B3.4B3.9B4.1B
Retained Earnings2.3B2.6B2.8B3.1B3.6B3.8B
Long Term Debt1.4B3.9B3.8B2.2B2.6B1.3B
Treasury Stock(1.6B)(2.0B)(2.0B)(2.0B)(1.8B)(1.7B)
Net Tangible Assets(911.8M)(3.3B)(2.6B)(2.7B)(2.4B)(2.3B)
Retained Earnings Total Equity2.3B2.6B2.8B3.1B3.6B3.8B
Long Term Debt Total1.4B3.9B3.8B2.2B2.6B1.6B
Capital Surpluse1.2B1.2B1.3B1.4B1.7B1.1B
Inventory21.5M23.2M29.3M34.1M39.2M41.2M

Pair Trading with Broadridge Financial

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 Broadridge Financial 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 Broadridge Financial will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Broadridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadridge Financial 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 Broadridge Financial - 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 Broadridge Financial Solutions to buy it.
The correlation of Broadridge Financial 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 Broadridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadridge Financial 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 Broadridge Financial 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 CorrelationCorrelation Matching
When determining whether Broadridge Financial is a strong investment it is important to analyze Broadridge Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadridge Financial's future performance. For an informed investment choice regarding Broadridge Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadridge Financial Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Broadridge Financial's price analysis, check to measure Broadridge Financial'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 Broadridge Financial is operating at the current time. Most of Broadridge Financial's value examination focuses on studying past and present price action to predict the probability of Broadridge Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadridge Financial's price. Additionally, you may evaluate how the addition of Broadridge Financial to your portfolios can decrease your overall portfolio volatility.
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Is Broadridge Financial'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 Broadridge Financial. If investors know Broadridge 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 Broadridge Financial 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
0.229
Dividend Share
1.45
Earnings Share
5.75
Revenue Per Share
53.656
Quarterly Revenue Growth
0.087
The market value of Broadridge Financial is measured differently than its book value, which is the value of Broadridge that is recorded on the company's balance sheet. Investors also form their own opinion of Broadridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadridge Financial'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 Broadridge Financial's market value can be influenced by many factors that don't directly affect Broadridge Financial'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 Broadridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadridge Financial'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.