Brookfield Gross Profit Margin vs Return On Assets Analysis
BBU Stock | USD 18.63 0.30 1.64% |
Brookfield Business financial indicator trend analysis is way more than just evaluating Brookfield Business prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Business is a good investment. Please check the relationship between Brookfield Business Gross Profit Margin and its Return On Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Business Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Gross Profit Margin vs Return On Assets
Gross Profit Margin vs Return On Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Business Gross Profit Margin account and Return On Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Brookfield Business' Gross Profit Margin and Return On Assets is 0.25. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Return On Assets in the same time period over historical financial statements of Brookfield Business Partners, assuming nothing else is changed. The correlation between historical values of Brookfield Business' Gross Profit Margin and Return On Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Brookfield Business Partners are associated (or correlated) with its Return On Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Return On Assets has no effect on the direction of Gross Profit Margin i.e., Brookfield Business' Gross Profit Margin and Return On Assets go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit Margin
Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Most indicators from Brookfield Business' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Business 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 Business Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Brookfield Business' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.03 in 2024, whereas Tax Provision is likely to drop slightly above 38.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.4B | 4.4B | 2.1B | 2.4B | Total Revenue | 46.6B | 57.5B | 53.1B | 30.0B |
Brookfield Business fundamental ratios Correlations
Click cells to compare fundamentals
Brookfield Business Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookfield Business fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 73.6M | 80.2M | 78.3M | 75.3M | 74.5M | 68.3M | |
Total Assets | 51.8B | 54.7B | 64.2B | 89.5B | 82.0B | 86.1B | |
Short Long Term Debt Total | 22.4B | 23.8B | 29.1B | 50.8B | 45.3B | 47.6B | |
Other Current Liab | (2.8B) | (4.5B) | (5.1B) | 7.6B | 6.0B | 6.3B | |
Total Current Liabilities | 16.5B | 610M | 1.6B | 17.0B | 14.3B | 7.3B | |
Total Stockholder Equity | 11.1B | 52.3B | 60.8B | 64.9B | 1.9B | 1.8B | |
Other Liab | 5.6B | 6.3B | 2.5B | 8.3B | 9.6B | 10.1B | |
Net Tangible Assets | (14.7B) | (14.6B) | (21.1B) | (38.0B) | (34.2B) | (32.5B) | |
Property Plant And Equipment Net | 13.9B | 14.0B | 15.3B | 15.9B | 15.6B | 9.1B | |
Current Deferred Revenue | 1.4B | 1.5B | 1.4B | 1.2B | 481M | 881.6M | |
Net Debt | 20.4B | 21.0B | 26.5B | 47.9B | 41.9B | 44.0B | |
Retained Earnings | (217M) | (235M) | 62.9M | 113.9M | 546.2M | 573.5M | |
Accounts Payable | 16.5B | 3.0B | 3.7B | 4.1B | 4.2B | 5.1B | |
Cash | 2.0B | 2.7B | 2.6B | 2.9B | 3.4B | 1.8B | |
Non Current Assets Total | 38.9B | 41.7B | 49.6B | 71.6B | 67.2B | 70.5B | |
Non Currrent Assets Other | 1.8B | 7.3B | 297M | 245M | 204.1M | 193.9M | |
Other Assets | 2.5B | 3.2B | 9.4B | 2.6B | 3.0B | 2.4B | |
Long Term Debt | 21.3B | 23.2B | 27.5B | 46.7B | 39.5B | 41.5B | |
Cash And Short Term Investments | 2.0B | 2.7B | 2.6B | 2.9B | 4.0B | 2.0B | |
Net Receivables | 5.6B | 5.0B | 5.6B | 7.3B | 5.8B | 4.4B | |
Good Will | 5.2B | 5.2B | 8.6B | 15.5B | 14.1B | 14.8B | |
Short Term Investments | 734M | 1.4B | 1.4B | 1.4B | 614.8M | 743.2M | |
Liabilities And Stockholders Equity | 51.8B | 52.8B | 64.2B | 89.5B | 82.0B | 86.1B | |
Non Current Liabilities Total | 40.7B | 42.8B | 51.2B | 71.0B | 49.2B | 28.5B | |
Inventory | 5.3B | 5.3B | 6.4B | 7.7B | 3.8B | 3.4B | |
Other Current Assets | 719M | 650M | 872M | 1.1B | 1.2B | 606.6M | |
Other Stockholder Equity | 2.3B | 50.4B | 58.6B | 63.5B | 73.0B | 76.7B | |
Total Liab | 40.7B | 43.4B | 51.2B | 71.0B | 63.5B | 66.7B | |
Long Term Investments | 5.8B | 10.5B | 10.0B | 15.0B | 7.1B | 5.1B | |
Property Plant And Equipment Gross | 13.9B | 14.0B | 20.3B | 22.0B | 22.4B | 23.5B | |
Short Long Term Debt | 1.1B | 610M | 1.6B | 3.8B | 3.3B | 3.5B | |
Total Current Assets | 12.9B | 13.0B | 14.6B | 17.9B | 14.8B | 10.1B | |
Short Term Debt | 1.4B | 610M | 1.6B | 4.1B | 3.6B | 3.8B | |
Intangible Assets | 11.6B | 11.3B | 14.8B | 24.0B | 20.8B | 21.9B | |
Common Stock | 2.3B | 2.3B | 2.2B | 2.1B | 2.1B | 2.1B | |
Property Plant Equipment | 13.9B | 14.0B | 15.3B | 15.9B | 18.3B | 19.2B | |
Long Term Debt Total | 22.4B | 23.2B | 28.3B | 44.2B | 50.8B | 53.4B |
Pair Trading with Brookfield Business
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 Brookfield Business 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 Brookfield Business will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookfield Stock
Moving against Brookfield Stock
0.76 | WAB | Westinghouse Air Brake | PairCorr |
0.66 | MMM | 3M Company Earnings Call This Week | PairCorr |
0.66 | CR | Crane Company | PairCorr |
0.66 | CW | Curtiss Wright | PairCorr |
0.61 | BV | BrightView Holdings Fiscal Year End 21st of November 2024 | PairCorr |
The ability to find closely correlated positions to Brookfield Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Business 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 Brookfield Business - 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 Brookfield Business Partners to buy it.
The correlation of Brookfield Business 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 Brookfield Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Business 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 Brookfield Business 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.Additional Tools for Brookfield Stock Analysis
When running Brookfield Business' price analysis, check to measure Brookfield Business' 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 Business is operating at the current time. Most of Brookfield Business' value examination focuses on studying past and present price action to predict the probability of Brookfield Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Business' price. Additionally, you may evaluate how the addition of Brookfield Business to your portfolios can decrease your overall portfolio volatility.