Brinks Cost Of Revenue vs Operating Income Analysis
BCO Stock | USD 88.73 1.60 1.84% |
Brinks financial indicator trend analysis is way more than just evaluating Brinks Company prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brinks Company is a good investment. Please check the relationship between Brinks Cost Of Revenue and its Operating Income accounts. 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.
Cost Of Revenue vs Operating Income
Cost Of Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brinks Company Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Brinks' Cost Of Revenue and Operating Income is 0.5. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Brinks Company, assuming nothing else is changed. The correlation between historical values of Brinks' Cost Of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Brinks Company are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Brinks' Cost Of Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Brinks Company income statement and represents the costs associated with goods and services Brinks provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Operating Income
Operating Income is the amount of profit realized from Brinks Company operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Brinks Company is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 29th of April 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 Profit | 964.4M | 1.1B | 1.2B | 775.8M | Total Revenue | 4.2B | 4.5B | 4.9B | 3.6B |
Brinks fundamental ratios Correlations
Click cells to compare fundamentals
Brinks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brinks fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 5.1B | 5.6B | 6.4B | 6.6B | 6.9B | |
Short Long Term Debt Total | 1.9B | 2.8B | 3.2B | 3.7B | 3.9B | 4.1B | |
Other Current Liab | 100.3M | 535.4M | 657.1M | 726M | 1.3B | 1.4B | |
Total Current Liabilities | 812.9M | 985.2M | 1.1B | 1.3B | 1.9B | 2.0B | |
Total Stockholder Equity | 207.6M | 202.5M | 252.6M | 570.2M | 397.4M | 369.2M | |
Property Plant And Equipment Net | 1.0B | 1.2B | 1.2B | 1.2B | 1.4B | 846.8M | |
Net Debt | 1.6B | 2.1B | 2.5B | 2.7B | 2.2B | 2.3B | |
Retained Earnings | 457.4M | 407.5M | 312.9M | 417.2M | 333M | 469.6M | |
Accounts Payable | 184.5M | 206M | 211.2M | 296.5M | 249.7M | 201.7M | |
Cash | 311M | 620.9M | 710.3M | 972M | 1.7B | 1.8B | |
Non Current Assets Total | 2.7B | 3.5B | 3.8B | 4.1B | 3.8B | 4.0B | |
Non Currrent Assets Other | 278M | 363.5M | 442.3M | 533M | 128.3M | 241.1M | |
Cash And Short Term Investments | 311M | 620.9M | 710.3M | 972M | 1.7B | 1.8B | |
Net Receivables | 635.6M | 679.1M | 701.8M | 862.2M | 796.3M | 575.0M | |
Common Stock Total Equity | 50.1M | 49.5M | 47.4M | 46.3M | 41.7M | 40.7M | |
Common Stock Shares Outstanding | 51.1M | 50.8M | 50.1M | 47.8M | 46.9M | 53.3M | |
Liabilities And Stockholders Equity | 3.8B | 5.1B | 5.6B | 6.4B | 6.6B | 6.9B | |
Non Current Liabilities Total | 2.7B | 3.9B | 4.2B | 4.5B | 4.1B | 4.3B | |
Inventory | 5.8M | 137.3M | 279.1M | 333.4M | 383.4M | 402.6M | |
Other Current Assets | 20.7M | 42.9M | 43M | 438.5M | 308.4M | 323.8M | |
Other Stockholder Equity | 679.1M | 745.5M | 800.2M | 807.2M | 675.9M | 612.8M | |
Total Liab | 3.6B | 4.9B | 5.3B | 5.8B | 6.1B | 6.4B | |
Property Plant And Equipment Gross | 1.0B | 1.2B | 1.2B | 1.2B | 3.0B | 3.1B | |
Total Current Assets | 1.1B | 1.6B | 1.8B | 2.3B | 2.8B | 2.9B | |
Accumulated Other Comprehensive Income | (979M) | (1B) | (907.9M) | (700.5M) | (656M) | (688.8M) | |
Short Term Debt | 154.7M | 228.7M | 202.3M | 47.2M | 348.3M | 365.7M | |
Common Stock | 50.1M | 49.5M | 47.4M | 46.3M | 44.5M | 40.5M | |
Intangible Assets | 272.5M | 426.1M | 491.2M | 535.5M | 488.3M | 512.7M | |
Other Liab | 781M | 1.2B | 1.0B | 579.6M | 666.5M | 824.2M | |
Other Assets | 413.9M | 423.5M | 1.3B | 454.5M | 522.7M | 509.9M | |
Long Term Debt | 1.6B | 2.3B | 3.0B | 3.3B | 3.3B | 3.4B | |
Good Will | 784.6M | 1.2B | 1.4B | 1.5B | 1.5B | 1.5B | |
Property Plant Equipment | 763.3M | 838.2M | 1.2B | 935.3M | 841.8M | 631.3M | |
Current Deferred Revenue | 373.4M | 15.1M | 17.9M | 246.2M | 21.4M | 20.3M | |
Net Tangible Assets | (865.3M) | (1.5B) | (1.7B) | (1.5B) | (1.4B) | (1.3B) | |
Noncontrolling Interest In Consolidated Entity | 15.8M | 73.7M | 129.6M | 123.1M | 141.6M | 148.6M | |
Retained Earnings Total Equity | 457.4M | 407.5M | 312.9M | 417.2M | 375.5M | 378.0M | |
Long Term Debt Total | 1.6B | 2.3B | 2.8B | 3.3B | 3.8B | 4.0B |
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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0.68 | CLVT | CLARIVATE PLC Financial Report 14th 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 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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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.