Brp Group Stock Current Ratio

BRP Stock  USD 28.77  0.40  1.41%   
Brp Group fundamentals help investors to digest information that contributes to Brp's financial success or failures. It also enables traders to predict the movement of Brp Stock. The fundamental analysis module provides a way to measure Brp's 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 Brp stock.
As of 03/28/2024, Current Ratio is likely to grow to 1.28.
  
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Brp Current Ratio Analysis

Brp's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Brp Current Ratio

1.28

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Brp Current Ratio

    
  1.27 X  
Most of Brp's fundamental indicators, such as Current Ratio, 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, Brp Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Brp Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Brp is extremely important. It helps to project a fair market value of Brp Stock properly, considering its historical fundamentals such as Current Ratio. Since Brp's 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 Brp's 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 Brp's interrelated accounts and indicators.
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Brp Current Ratio Historical Pattern

Today, most investors in Brp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Brp's 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 ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Brp current ratio as a starting point in their analysis.
   Brp Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Brp Short Term Coverage Ratios

Short Term Coverage Ratios

0.17

At this time, Brp's Short Term Coverage Ratios is relatively stable compared to the past year.
In accordance with the recently published financial statements, Brp Group has a Current Ratio of 1.27 times. This is 68.64% lower than that of the Insurance sector and 20.13% lower than that of the Financials industry. The current ratio for all United States stocks is 41.2% higher than that of the company.

Brp Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brp's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Brp could also be used in its relative valuation, which is a method of valuing Brp by comparing valuation metrics of similar companies.
Brp is currently under evaluation in current ratio category among related companies.

Brp Fundamentals

About Brp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Brp Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brp Group 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.
Last ReportedProjected for 2024
Current Ratio 0.90  1.28 

Brp Investors Sentiment

The influence of Brp's 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 Brp. 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 Brp's public news can be used to forecast risks associated with an investment in Brp. The trend in average sentiment can be used to explain how an investor holding Brp can time the market purely based on public headlines and social activities around Brp Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Brp's 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 Brp's 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 Brp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Brp.
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 Brp 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, Brp's short interest history, or implied volatility extrapolated from Brp options trading.

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 together with Brp Stock

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Moving against Brp Stock

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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 Group 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 Group 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 CorrelationCorrelation Matching
When determining whether Brp Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Brp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Brp Group Stock. Highlighted below are key reports to facilitate an investment decision about Brp Group Stock:
Check out Brp Piotroski F Score and Brp Altman Z Score analysis.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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Is Brp'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 Brp. If investors know Brp 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 Brp 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
0.182
Earnings Share
(1.50)
Revenue Per Share
20.264
Quarterly Revenue Growth
0.157
Return On Assets
0.0082
The market value of Brp Group is measured differently than its book value, which is the value of Brp that is recorded on the company's balance sheet. Investors also form their own opinion of Brp's value that differs from its market value or its book value, called intrinsic value, which is Brp'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 Brp's market value can be influenced by many factors that don't directly affect Brp'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 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.