Brookfield Ebitda vs Operating Income Analysis

BEP Stock

USD 21.34 0.04 0.19%

Brookfield Renewable financial indicator trend analysis is way more than just evaluating Brookfield Renewable prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Renewable is a good investment. Please check the relationship between Brookfield Renewable Ebitda and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Ebitda vs Operating Income

Ebitda vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Renewable Ebitda account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Brookfield Renewable's Ebitda and Operating Income is 0.89. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Brookfield Renewable Partners, assuming nothing else is changed. The correlation between historical values of Brookfield Renewable's Ebitda 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 Ebitda of Brookfield Renewable Partners 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 Ebitda i.e., Brookfield Renewable's Ebitda and Operating Income go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ebitda

Operating Income

Operating Income is the amount of profit realized from Brookfield Renewable 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 Brookfield Renewable Partners 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 Brookfield Renewable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Renewable 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 Renewable Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

At this time, Brookfield Renewable's Selling General Administrative is relatively stable compared to the past year. As of 04/29/2024, Enterprise Value Over EBITDA is likely to grow to 23.00, while Sales General And Administrative To Revenue is likely to drop 0.03.

	2021	2022	2023	2024 (projected)
Gross Profit	2.7B	3.3B	1.1B	961.8M
Total Revenue	4.1B	4.7B	5.0B	5.3B

Gross Profit Total Revenue

Brookfield Renewable fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.99	0.4	0.93	0.39	1.0	-0.13	1.0	-0.02	0.42	0.9	1.0	0.3	0.89	0.87	-0.41	0.59	1.0	0.37	0.15	0.09	1.0	0.99	0.97	0.9	-0.23
Short Long Term Debt Total	0.99		0.35	0.93	0.41	0.99	-0.12	1.0	-0.05	0.45	0.91	0.99	0.31	0.91	0.9	-0.41	0.57	1.0	0.37	0.1	0.16	1.0	0.99	0.98	0.9	-0.25
Other Current Liab	0.4	0.35		0.41	-0.46	0.39	-0.12	0.35	0.08	-0.5	0.45	0.41	-0.67	0.51	0.07	-0.11	-0.01	0.4	0.16	0.22	-0.73	0.41	0.4	0.3	0.6	-0.19
Total Current Liabilities	0.93	0.93	0.41		0.37	0.93	-0.4	0.93	-0.01	0.53	0.89	0.93	0.17	0.89	0.9	-0.34	0.46	0.91	0.24	-0.1	0.13	0.94	0.94	0.91	0.94	-0.33
Total Stockholder Equity	0.39	0.41	-0.46	0.37		0.41	0.04	0.42	0.47	0.69	0.29	0.39	0.69	0.22	0.45	-0.4	0.55	0.37	-0.21	0.1	0.52	0.38	0.45	0.37	0.18	0.41
Property Plant And Equipment Net	1.0	0.99	0.39	0.93	0.41		-0.11	0.99	0.01	0.43	0.88	1.0	0.31	0.88	0.86	-0.42	0.62	0.99	0.38	0.15	0.09	1.0	0.99	0.96	0.89	-0.2
Current Deferred Revenue	-0.13	-0.12	-0.12	-0.4	0.04	-0.11		-0.11	0.23	-0.49	-0.12	-0.12	0.08	-0.12	-0.38	-0.02	0.26	-0.08	0.31	0.3	-0.18	-0.14	-0.17	-0.2	-0.25	0.44
Net Debt	1.0	1.0	0.35	0.93	0.42	0.99	-0.11		-0.05	0.45	0.9	0.99	0.32	0.9	0.9	-0.41	0.58	1.0	0.38	0.11	0.16	1.0	0.99	0.97	0.9	-0.25
Retained Earnings	-0.02	-0.05	0.08	-0.01	0.47	0.01	0.23	-0.05		-0.08	-0.07	-0.01	-0.01	-0.1	-0.28	0.01	0.3	-0.04	-0.29	0.23	-0.36	-0.04	0.05	-0.19	-0.04	0.86
Accounts Payable	0.42	0.45	-0.5	0.53	0.69	0.43	-0.49	0.45	-0.08		0.28	0.42	0.72	0.23	0.72	-0.21	0.34	0.38	0.01	-0.3	0.72	0.42	0.44	0.49	0.24	-0.14
Cash	0.9	0.91	0.45	0.89	0.29	0.88	-0.12	0.9	-0.07	0.28		0.89	0.1	1.0	0.82	-0.27	0.42	0.9	0.2	0.02	0.12	0.91	0.9	0.92	0.95	-0.28
Non Current Assets Total	1.0	0.99	0.41	0.93	0.39	1.0	-0.12	0.99	-0.01	0.42	0.89		0.29	0.89	0.87	-0.42	0.6	1.0	0.38	0.15	0.08	1.0	0.99	0.96	0.9	-0.22
Other Assets	0.3	0.31	-0.67	0.17	0.69	0.31	0.08	0.32	-0.01	0.72	0.1	0.29		0.04	0.46	-0.09	0.47	0.28	0.08	0.2	0.67	0.27	0.29	0.36	-0.06	0.19
Cash And Short Term Investments	0.89	0.91	0.51	0.89	0.22	0.88	-0.12	0.9	-0.1	0.23	1.0	0.89	0.04		0.8	-0.28	0.4	0.9	0.23	0.03	0.07	0.91	0.9	0.91	0.96	-0.33
Net Receivables	0.87	0.9	0.07	0.9	0.45	0.86	-0.38	0.9	-0.28	0.72	0.82	0.87	0.46	0.8		-0.3	0.42	0.87	0.25	-0.13	0.49	0.88	0.87	0.94	0.79	-0.44
Common Stock Total Equity	-0.41	-0.41	-0.11	-0.34	-0.4	-0.42	-0.02	-0.41	0.01	-0.21	-0.27	-0.42	-0.09	-0.28	-0.3		-0.24	-0.41	-0.18	-0.21	-0.06	-0.4	-0.4	-0.37	-0.28	0.13
Common Stock Shares Outstanding	0.59	0.57	-0.01	0.46	0.55	0.62	0.26	0.58	0.3	0.34	0.42	0.6	0.47	0.4	0.42	-0.24		0.58	0.21	0.24	0.11	0.56	0.59	0.49	0.37	0.17
Non Current Liabilities Total	1.0	1.0	0.4	0.91	0.37	0.99	-0.08	1.0	-0.04	0.38	0.9	1.0	0.28	0.9	0.87	-0.41	0.58		0.4	0.16	0.1	1.0	0.99	0.97	0.9	-0.24
Inventory	0.37	0.37	0.16	0.24	-0.21	0.38	0.31	0.38	-0.29	0.01	0.2	0.38	0.08	0.23	0.25	-0.18	0.21	0.4		-0.2	-0.17	0.37	0.26	0.29	0.24	-0.24
Other Current Assets	0.15	0.1	0.22	-0.1	0.1	0.15	0.3	0.11	0.23	-0.3	0.02	0.15	0.2	0.03	-0.13	-0.21	0.24	0.16	-0.2		-0.29	0.11	0.17	0.13	-0.05	0.37
Other Stockholder Equity	0.09	0.16	-0.73	0.13	0.52	0.09	-0.18	0.16	-0.36	0.72	0.12	0.08	0.67	0.07	0.49	-0.06	0.11	0.1	-0.17	-0.29		0.11	0.11	0.26	-0.03	-0.24
Total Liab	1.0	1.0	0.41	0.94	0.38	1.0	-0.14	1.0	-0.04	0.42	0.91	1.0	0.27	0.91	0.88	-0.4	0.56	1.0	0.37	0.11	0.11		0.99	0.97	0.92	-0.26
Property Plant And Equipment Gross	0.99	0.99	0.4	0.94	0.45	0.99	-0.17	0.99	0.05	0.44	0.9	0.99	0.29	0.9	0.87	-0.4	0.59	0.99	0.26	0.17	0.11	0.99		0.96	0.91	-0.19
Total Current Assets	0.97	0.98	0.3	0.91	0.37	0.96	-0.2	0.97	-0.19	0.49	0.92	0.96	0.36	0.91	0.94	-0.37	0.49	0.97	0.29	0.13	0.26	0.97	0.96		0.88	-0.35
Short Term Debt	0.9	0.9	0.6	0.94	0.18	0.89	-0.25	0.9	-0.04	0.24	0.95	0.9	-0.06	0.96	0.79	-0.28	0.37	0.9	0.24	-0.05	-0.03	0.92	0.91	0.88		-0.36
Common Stock	-0.23	-0.25	-0.19	-0.33	0.41	-0.2	0.44	-0.25	0.86	-0.14	-0.28	-0.22	0.19	-0.33	-0.44	0.13	0.17	-0.24	-0.24	0.37	-0.24	-0.26	-0.19	-0.35	-0.36

Click cells to compare fundamentals

Brookfield Renewable Account Relationship Matchups

Brookfield Renewable fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	46.2B	49.7B	55.9B	64.1B	75.7B	79.5B
Short Long Term Debt Total	17.7B	18.1B	22.0B	27.5B	30.3B	31.8B
Other Current Liab	383M	297M	406M	(2.3B)	2.6B	2.8B
Total Current Liabilities	2.4B	6.5B	3.2B	6.1B	8.0B	8.4B
Total Stockholder Equity	2.0B	21.8B	24.0B	26.3B	4.7B	6.4B
Property Plant And Equipment Net	41.1B	44.6B	49.4B	54.3B	63.7B	66.9B
Current Deferred Revenue	734M	(297M)	760M	34.8M	40.0M	38.0M
Net Debt	17.3B	17.7B	21.2B	26.5B	28.9B	30.3B
Retained Earnings	(508.3M)	17.9B	20.5B	(4.9B)	2.1B	3.1B
Accounts Payable	152M	4.4B	208M	6.1B	386.0M	530.4M
Cash	352M	431M	764M	998M	1.4B	1.5B
Non Current Assets Total	44.2B	47.6B	53.0B	59.3B	71.2B	74.7B
Other Assets	765M	769M	810M	1.3B	2.2B	0.95
Cash And Short Term Investments	440M	431M	764M	998M	1.6B	1.7B
Net Receivables	896M	1.7B	899M	3.7B	2.5B	2.6B
Common Stock Shares Outstanding	268.5M	274.8M	275.1M	275.4M	287.2M	186.9M
Liabilities And Stockholders Equity	40.8B	49.7B	55.9B	64.1B	75.7B	79.5B
Non Current Liabilities Total	23.3B	21.5B	28.6B	31.7B	37.9B	39.8B
Inventory	536.0M	26M	31M	42M	110.4M	116.0M
Other Current Assets	148.0M	(26M)	1.2B	86M	326.3M	207.4M
Other Stockholder Equity	(4.0B)	(988M)	(1.5B)	26.3B	(2.1B)	(2.0B)
Total Liab	25.7B	28.0B	31.9B	37.8B	45.9B	48.2B
Property Plant And Equipment Gross	30.7B	44.6B	49.4B	54.3B	64.0B	67.2B
Total Current Assets	2.0B	2.1B	2.9B	4.7B	4.6B	4.8B
Accumulated Other Comprehensive Income	5.7B	4.8B	5.6B	6.0B	6.0B	6.4B
Short Term Debt	1.2B	2.1B	1.8B	2.3B	5.0B	5.2B
Common Stock	2.3M	4.2B	9.6B	(1.9B)	(2.2B)	(2.1B)
Non Currrent Assets Other	603M	1.0B	1.1B	(176M)	73.5M	69.9M
Other Liab	6.7B	7.7B	6.2B	9.8B	11.2B	11.8B
Net Tangible Assets	6.8B	7.8B	9.2B	8.5B	9.7B	10.2B
Long Term Debt	16.2B	15.9B	21.5B	25.2B	24.8B	26.0B
Good Will	949M	970M	966M	3.7B	1.9B	2.0B
Short Term Investments	60M	88M	62M	125M	198.0M	207.9M
Long Term Investments	1.9B	971M	1.1B	1.4B	4.3B	4.5B
Short Long Term Debt	685M	2.1B	2.1B	2.3B	4.9B	5.2B
Intangible Assets	241M	232M	218M	209M	15M	14.3M
Property Plant Equipment	41.1B	44.6B	49.4B	54.3B	62.4B	65.5B
Long Term Debt Total	16.2B	18.1B	21.5B	23.1B	26.6B	15.8B

Pair Trading with Brookfield Renewable

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 Renewable 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 Renewable will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brookfield Stock

0.83	RNWWW	ReNew Energy Global	Pair Corr
0.84	ELIQ	Electriq Power Holdings Symbol Change	Pair Corr

Moving against Brookfield Stock

0.72	CEG	Constellation Energy Corp Financial Report 2nd of May 2024	Pair Corr
0.65	VGAS	Verde Clean Fuels	Pair Corr
0.62	WAVE	Eco Wave Power	Pair Corr
0.43	VGASW	Verde Clean Fuels	Pair Corr

The ability to find closely correlated positions to Brookfield Renewable 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 Renewable 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 Renewable - 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 Renewable Partners to buy it.

The correlation of Brookfield Renewable 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 Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Renewable 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 Renewable 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 Correlation Correlation Matching

When determining whether Brookfield Renewable 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 Brookfield 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 Brookfield Renewable Partners Stock. Highlighted below are key reports to facilitate an investment decision about Brookfield Renewable Partners Stock:

How To Invest In Brookfield

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Is Brookfield Stock a good investment?

Details

What is Brookfield Renewable's Net Worth?

Details

Largest Independent Power and Renewable Electricity Producers Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Note that the Brookfield Renewable information on this page should be used as a complementary analysis to other Brookfield Renewable's 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Brookfield Stock analysis

When running Brookfield Renewable's price analysis, check to measure Brookfield Renewable's 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 Renewable is operating at the current time. Most of Brookfield Renewable's value examination focuses on studying past and present price action to predict the probability of Brookfield Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Renewable's price. Additionally, you may evaluate how the addition of Brookfield Renewable to your portfolios can decrease your overall portfolio volatility.

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Is Brookfield Renewable'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 Brookfield Renewable. If investors know Brookfield 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 Brookfield Renewable 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

(0.43)

Dividend Share

1.35

Earnings Share

(0.32)

Revenue Per Share

10.374

Quarterly Revenue Growth

0.106

The market value of Brookfield Renewable is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Renewable's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Renewable'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 Brookfield Renewable's market value can be influenced by many factors that don't directly affect Brookfield Renewable'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 Brookfield Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Renewable'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.

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Brookfield Ebitda vs Operating Income Analysis

Ebitda vs Operating Income

Ebitda vs Operating Income Correlation Analysis

Correlation Coefficient

Ebitda

Operating Income

Brookfield Renewable fundamental ratios Correlations

Brookfield Renewable Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Brookfield Renewable fundamental ratios Accounts

Pair Trading with Brookfield Renewable

Moving together with Brookfield Stock

Moving against Brookfield Stock

Complementary Tools for Brookfield Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total

Other Stockholder Equity	- 0.73	Other Current Liab
Other Assets	- 0.67	Other Current Liab
Accounts Payable	- 0.5	Other Current Liab
Accounts Payable	- 0.49	Current Deferred Revenue
Total Stockholder Equity	- 0.46	Other Current Liab
Common Stock	- 0.44	Net Receivables