Brinks Assets Non Current vs Total Liabilities Analysis

BCO Stock  USD 91.13  0.83  0.92%   
Trend analysis of Brinks Company balance sheet accounts such as Short Long Term Debt Total of 4.1 B, Other Current Liabilities of 1.4 B or Total Current Liabilities of 2 B provides information on Brinks' total assets, liabilities, and equity, which is the actual value of Brinks Company to its prevalent stockholders. By breaking down trends over time using Brinks 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.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brinks Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

About Brinks Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Brinks Company at a specified time, usually calculated after every quarter, six months, or one year. Brinks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brinks 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 Brinks currently owns. An asset can also be divided into two categories, current and non-current.

Brinks Balance Sheet Chart

Brinks 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 Brinks Company uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Brinks' Cash is very stable compared to the past year. As of the 28th of March 2024, Non Current Assets Total is likely to grow to about 4 B, while Total Stockholder Equity is likely to drop about 369.2 M.

Total Assets

Total assets refers to the total amount of Brinks 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 Brinks Company 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 Brinks balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Brinks Company 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.
Most indicators from Brinks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brinks Company 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 Brinks Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
As of the 28th of March 2024, Selling General Administrative is likely to drop to about 508.8 M. In addition to that, Discontinued Operations is likely to drop to about (3.5 M)
 2021 2022 2023 2024 (projected)
Gross Profit964.4M1.1B1.2B775.8M
Total Revenue4.2B4.5B4.9B3.6B

Brinks fundamental ratios Correlations

0.990.840.89-0.120.840.95-0.360.630.910.980.490.910.75-0.730.31-0.270.970.970.630.661.00.840.960.7-0.71
0.990.810.87-0.210.820.97-0.410.610.90.990.540.90.73-0.680.32-0.230.980.960.560.671.00.820.940.71-0.65
0.840.810.950.120.590.69-0.310.550.910.760.120.920.47-0.920.1-0.40.720.850.670.280.810.930.910.73-0.88
0.890.870.950.060.640.74-0.240.50.970.80.120.970.54-0.930.24-0.270.770.880.710.390.860.980.970.82-0.89
-0.12-0.210.120.06-0.08-0.290.310.28-0.02-0.21-0.34-0.020.09-0.22-0.36-0.08-0.28-0.120.58-0.28-0.2-0.020.04-0.28-0.23
0.840.820.590.64-0.080.86-0.260.590.640.870.390.630.89-0.490.23-0.40.860.820.540.760.840.60.740.49-0.41
0.950.970.690.74-0.290.86-0.450.620.770.990.660.770.75-0.520.31-0.280.990.930.460.750.970.680.830.6-0.51
-0.36-0.41-0.31-0.240.31-0.26-0.45-0.68-0.26-0.42-0.58-0.27-0.030.110.560.09-0.41-0.470.10.1-0.39-0.23-0.24-0.180.05
0.630.610.550.50.280.590.62-0.680.50.640.580.510.54-0.39-0.47-0.210.60.660.540.180.60.410.560.11-0.33
0.910.90.910.97-0.020.640.77-0.260.50.830.251.00.58-0.870.28-0.110.820.870.660.440.890.950.980.8-0.82
0.980.990.760.8-0.210.870.99-0.420.640.830.60.830.76-0.620.3-0.30.990.950.540.710.990.750.890.63-0.6
0.490.540.120.12-0.340.390.66-0.580.580.250.60.250.430.10.00.110.630.440.030.430.530.050.29-0.020.07
0.910.90.920.97-0.020.630.77-0.270.511.00.830.250.58-0.870.27-0.110.820.870.660.430.890.950.980.8-0.82
0.750.730.470.540.090.890.75-0.030.540.580.760.430.58-0.380.32-0.160.760.650.610.820.740.450.680.3-0.31
-0.73-0.68-0.92-0.93-0.22-0.49-0.520.11-0.39-0.87-0.620.1-0.87-0.38-0.140.37-0.57-0.72-0.77-0.2-0.69-0.93-0.86-0.680.97
0.310.320.10.24-0.360.230.310.56-0.470.280.30.00.270.32-0.140.00.340.190.080.660.330.250.30.42-0.21
-0.27-0.23-0.4-0.27-0.08-0.4-0.280.09-0.21-0.11-0.30.11-0.11-0.160.370.0-0.23-0.32-0.33-0.15-0.25-0.27-0.2-0.10.39
0.970.980.720.77-0.280.860.99-0.410.60.820.990.630.820.76-0.570.34-0.230.940.490.740.990.720.870.63-0.56
0.970.960.850.88-0.120.820.93-0.470.660.870.950.440.870.65-0.720.19-0.320.940.560.590.960.820.920.73-0.69
0.630.560.670.710.580.540.460.10.540.660.540.030.660.61-0.770.08-0.330.490.560.30.570.640.730.27-0.77
0.660.670.280.39-0.280.760.750.10.180.440.710.430.430.82-0.20.66-0.150.740.590.30.680.30.540.36-0.19
1.01.00.810.86-0.20.840.97-0.390.60.890.990.530.890.74-0.690.33-0.250.990.960.570.680.820.940.71-0.66
0.840.820.930.98-0.020.60.68-0.230.410.950.750.050.950.45-0.930.25-0.270.720.820.640.30.820.930.85-0.87
0.960.940.910.970.040.740.83-0.240.560.980.890.290.980.68-0.860.3-0.20.870.920.730.540.940.930.76-0.83
0.70.710.730.82-0.280.490.6-0.180.110.80.63-0.020.80.3-0.680.42-0.10.630.730.270.360.710.850.76-0.62
-0.71-0.65-0.88-0.89-0.23-0.41-0.510.05-0.33-0.82-0.60.07-0.82-0.310.97-0.210.39-0.56-0.69-0.77-0.19-0.66-0.87-0.83-0.62
Click cells to compare fundamentals

Brinks Account Relationship Matchups

Brinks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B5.1B5.6B6.4B6.6B6.9B
Short Long Term Debt Total1.9B2.8B3.2B3.7B3.9B4.1B
Other Current Liab100.3M535.4M657.1M726M1.3B1.4B
Total Current Liabilities812.9M985.2M1.1B1.3B1.9B2.0B
Total Stockholder Equity207.6M202.5M252.6M570.2M397.4M369.2M
Property Plant And Equipment Net1.0B1.2B1.2B1.2B1.4B846.8M
Net Debt1.6B2.1B2.5B2.7B2.2B2.3B
Retained Earnings457.4M407.5M312.9M417.2M333M469.6M
Accounts Payable184.5M206M211.2M296.5M249.7M201.7M
Cash311M620.9M710.3M972M1.7B1.8B
Non Current Assets Total2.7B3.5B3.8B4.1B3.8B4.0B
Non Currrent Assets Other278M363.5M442.3M533M128.3M241.1M
Cash And Short Term Investments311M620.9M710.3M972M1.7B1.8B
Net Receivables635.6M679.1M701.8M862.2M796.3M575.0M
Common Stock Total Equity50.1M49.5M47.4M46.3M41.7M40.7M
Common Stock Shares Outstanding51.1M50.8M50.1M47.8M46.9M53.3M
Liabilities And Stockholders Equity3.8B5.1B5.6B6.4B6.6B6.9B
Non Current Liabilities Total2.7B3.9B4.2B4.5B4.1B4.3B
Inventory5.8M137.3M279.1M333.4M383.4M402.6M
Other Current Assets20.7M42.9M43M438.5M308.4M323.8M
Other Stockholder Equity679.1M745.5M800.2M807.2M675.9M612.8M
Total Liab3.6B4.9B5.3B5.8B6.1B6.4B
Property Plant And Equipment Gross1.0B1.2B1.2B1.2B3.0B3.1B
Total Current Assets1.1B1.6B1.8B2.3B2.8B2.9B
Accumulated Other Comprehensive Income(979M)(1B)(907.9M)(700.5M)(656M)(688.8M)
Short Term Debt154.7M228.7M202.3M47.2M348.3M365.7M
Common Stock50.1M49.5M47.4M46.3M44.5M40.5M
Intangible Assets272.5M426.1M491.2M535.5M488.3M512.7M
Other Liab781M1.2B1.0B579.6M666.5M824.2M
Other Assets413.9M423.5M1.3B454.5M522.7M509.9M
Long Term Debt1.6B2.3B3.0B3.3B3.3B3.4B
Good Will784.6M1.2B1.4B1.5B1.5B1.5B
Property Plant Equipment763.3M838.2M1.2B935.3M841.8M631.3M
Current Deferred Revenue373.4M15.1M17.9M246.2M21.4M20.3M
Net Tangible Assets(865.3M)(1.5B)(1.7B)(1.5B)(1.4B)(1.3B)
Noncontrolling Interest In Consolidated Entity15.8M73.7M129.6M123.1M141.6M148.6M
Retained Earnings Total Equity457.4M407.5M312.9M417.2M375.5M378.0M
Long Term Debt Total1.6B2.3B2.8B3.3B3.8B4.0B

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

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Moving against Brinks Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Brinks Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brinks' 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 Brinks Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brinks Company Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brinks Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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.