Brinks Operating Income vs Cost of Revenue Analysis

BCO Stock  USD 92.38  1.25  1.37%   
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 Operating Income and its Cost Of Revenue 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brinks Company Operating Income account and Cost of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Brinks' Operating Income and Cost of Revenue is 0.5. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Brinks Company, assuming nothing else is changed. The correlation between historical values of Brinks' Operating Income and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Brinks Company are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Operating Income i.e., Brinks' Operating Income and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

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.

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.
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

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

  0.77NL NL IndustriesPairCorr

Moving against Brinks Stock

  0.47HDSN Hudson Technologies Financial Report 1st of May 2024 PairCorr
  0.42ACCO Acco Brands Financial Report 2nd of May 2024 PairCorr
  0.41ACU Acme UnitedPairCorr
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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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.