Brinks Company Stock Current Liabilities
| BCO Stock | USD 86.29 0.07 0.08% |
Brinks Company fundamentals help investors to digest information that contributes to Brinks' financial success or failures. It also enables traders to predict the movement of Brinks Stock. The fundamental analysis module provides a way to measure Brinks' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Brinks stock.
At this time, Brinks' Total Current Liabilities is very stable compared to the past year. As of the 19th of April 2024, Non Current Liabilities Total is likely to grow to about 4.3 B, while Non Current Liabilities Other is likely to drop about 32 M. Brinks | Current Liabilities |
Brinks Company Company Current Liabilities Analysis
Brinks' Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Brinks Current Liabilities | 641.8 M |
Most of Brinks' fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Brinks Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Brinks Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Brinks is extremely important. It helps to project a fair market value of Brinks Stock properly, considering its historical fundamentals such as Current Liabilities. Since Brinks' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Brinks' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Brinks' interrelated accounts and indicators.
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Brinks Current Liabilities Historical Pattern
Today, most investors in Brinks Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Brinks' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Brinks current liabilities as a starting point in their analysis.
Brinks Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Brinks Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Brinks Company has a Current Liabilities of 641.8 M. This is 27.87% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The current liabilities for all United States stocks is 91.88% higher than that of the company.
Brinks Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brinks' direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Brinks could also be used in its relative valuation, which is a method of valuing Brinks by comparing valuation metrics of similar companies.Brinks is currently under evaluation in current liabilities category among related companies.
Brinks Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0478 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 6.66 B | ||||
| Shares Outstanding | 44.72 M | ||||
| Shares Owned By Insiders | 2.01 % | ||||
| Shares Owned By Institutions | 97.99 % | ||||
| Number Of Shares Shorted | 1.05 M | ||||
| Price To Earning | 17.01 X | ||||
| Price To Book | 9.79 X | ||||
| Price To Sales | 0.80 X | ||||
| Revenue | 4.87 B | ||||
| Gross Profit | 1.07 B | ||||
| EBITDA | 769.8 M | ||||
| Net Income | 86 M | ||||
| Cash And Equivalents | 972 M | ||||
| Cash Per Share | 22.09 X | ||||
| Total Debt | 3.88 B | ||||
| Current Ratio | 1.82 X | ||||
| Book Value Per Share | 8.93 X | ||||
| Cash Flow From Operations | 702.4 M | ||||
| Short Ratio | 4.36 X | ||||
| Earnings Per Share | 1.83 X | ||||
| Price To Earnings To Growth | 2.83 X | ||||
| Target Price | 106.5 | ||||
| Number Of Employees | 66 K | ||||
| Beta | 1.4 | ||||
| Market Capitalization | 3.86 B | ||||
| Total Asset | 6.6 B | ||||
| Retained Earnings | 333 M | ||||
| Working Capital | 844.2 M | ||||
| Current Asset | 777.7 M | ||||
| Current Liabilities | 641.8 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.97 % | ||||
| Net Asset | 6.6 B | ||||
| Last Dividend Paid | 0.86 |
About Brinks Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Brinks Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brinks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brinks Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Brinks Investors Sentiment
The influence of Brinks' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Brinks. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Brinks' public news can be used to forecast risks associated with an investment in Brinks. The trend in average sentiment can be used to explain how an investor holding Brinks can time the market purely based on public headlines and social activities around Brinks Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Brinks' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Brinks' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Brinks' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Brinks.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brinks in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brinks' short interest history, or implied volatility extrapolated from Brinks options trading.
Pair Trading with Brinks
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 Brinks 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 Brinks will appreciate offsetting losses from the drop in the long position's value.Moving together with Brinks Stock
| 0.88 | NL | NL Industries | PairCorr |
| 0.67 | WM | Waste Management Earnings Call This Week | PairCorr |
| 0.75 | VSEC | VSE Corporation Financial Report 6th of May 2024 | PairCorr |
Moving against Brinks Stock
| 0.77 | AMBI | Ambipar Emergency Report 10th of May 2024 | PairCorr |
| 0.71 | HDSN | Hudson Technologies Financial Report 1st of May 2024 | PairCorr |
| 0.68 | CLVT | CLARIVATE PLC Financial Report 14th of May 2024 | PairCorr |
| 0.64 | ACCO | Acco Brands Financial Report 2nd of May 2024 | PairCorr |
| 0.59 | LNZA | LanzaTech Global Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Brinks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brinks 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 Brinks - 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 Brinks Company to buy it.
The correlation of Brinks 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 Brinks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brinks Company 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 Brinks 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.Check out Brinks Piotroski F Score and Brinks Altman Z Score analysis. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Brinks Stock analysis
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 (0.95) | Dividend Share 0.86 | Earnings Share 1.83 | Revenue Per Share 105.511 | Quarterly Revenue Growth 0.046 |
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.