Brown Non Current Liabilities Total vs Net Receivables Analysis

BF-B Stock  USD 48.47  0.22  0.45%   
Brown Forman financial indicator trend analysis is way more than just evaluating Brown Forman prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brown Forman is a good investment. Please check the relationship between Brown Forman Non Current Liabilities Total and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brown Forman. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Total vs Net Receivables

Non Current Liabilities Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brown Forman Non Current Liabilities Total account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brown Forman's Non Current Liabilities Total and Net Receivables is 0.9. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Brown Forman, assuming nothing else is changed. The correlation between historical values of Brown Forman's Non Current Liabilities Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Brown Forman are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., Brown Forman's Non Current Liabilities Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Net Receivables

Most indicators from Brown Forman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brown Forman 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 Brown Forman. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, Brown Forman's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 29.11, whereas Selling General Administrative is forecasted to decline to about 494.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.4B2.5B2.9B1.5B
Total Revenue3.9B4.2B4.9B2.4B

Brown Forman fundamental ratios Correlations

0.92-0.290.910.930.980.850.660.390.980.950.390.97-0.680.950.990.60.260.960.930.980.350.880.950.93-0.46
0.92-0.080.880.710.970.960.50.330.890.950.340.86-0.660.990.950.590.220.990.830.910.480.730.910.82-0.36
-0.29-0.08-0.06-0.48-0.190.02-0.04-0.33-0.27-0.21-0.33-0.280.16-0.15-0.250.02-0.5-0.14-0.25-0.30.29-0.31-0.18-0.270.2
0.910.88-0.060.780.930.830.740.340.870.90.340.89-0.680.870.90.75-0.020.920.840.90.690.730.910.8-0.47
0.930.71-0.480.780.840.620.660.40.910.820.410.93-0.560.780.880.460.310.790.90.90.150.890.840.9-0.44
0.980.97-0.190.930.840.920.620.340.960.960.340.94-0.70.980.990.650.210.990.910.960.450.820.950.89-0.45
0.850.960.020.830.620.920.470.060.870.860.060.79-0.580.950.90.570.150.940.80.790.460.760.860.84-0.29
0.660.5-0.040.740.660.620.470.20.650.520.20.68-0.680.530.590.78-0.50.590.560.630.530.620.610.61-0.66
0.390.33-0.330.340.40.340.060.20.20.51.00.39-0.430.340.350.210.270.340.230.560.170.00.320.07-0.32
0.980.89-0.270.870.910.960.870.650.20.890.20.95-0.630.930.970.580.230.940.940.910.30.950.930.98-0.43
0.950.95-0.210.90.820.960.860.520.50.890.510.9-0.590.950.970.510.330.960.890.970.430.730.930.82-0.3
0.390.34-0.330.340.410.340.060.21.00.20.510.39-0.430.340.350.210.270.350.240.560.170.010.320.07-0.32
0.970.86-0.280.890.930.940.790.680.390.950.90.39-0.720.90.940.630.220.920.920.950.30.860.950.89-0.55
-0.68-0.660.16-0.68-0.56-0.7-0.58-0.68-0.43-0.63-0.59-0.43-0.72-0.69-0.62-0.870.17-0.7-0.48-0.71-0.43-0.49-0.62-0.50.92
0.950.99-0.150.870.780.980.950.530.340.930.950.340.9-0.690.970.60.260.990.860.940.380.790.920.86-0.42
0.990.95-0.250.90.880.990.90.590.350.970.970.350.94-0.620.970.540.290.980.950.960.370.860.940.93-0.36
0.60.590.020.750.460.650.570.780.210.580.510.210.63-0.870.60.54-0.410.640.420.60.650.460.60.46-0.84
0.260.22-0.5-0.020.310.210.15-0.50.270.230.330.270.220.170.260.29-0.410.20.330.27-0.450.220.210.260.3
0.960.99-0.140.920.790.990.940.590.340.940.960.350.92-0.70.990.980.640.20.880.950.460.80.940.87-0.44
0.930.83-0.250.840.90.910.80.560.230.940.890.240.92-0.480.860.950.420.330.880.890.270.870.910.93-0.25
0.980.91-0.30.90.90.960.790.630.560.910.970.560.95-0.710.940.960.60.270.950.890.380.770.930.83-0.48
0.350.480.290.690.150.450.460.530.170.30.430.170.3-0.430.380.370.65-0.450.460.270.380.130.390.22-0.27
0.880.73-0.310.730.890.820.760.620.00.950.730.010.86-0.490.790.860.460.220.80.870.770.130.820.98-0.36
0.950.91-0.180.910.840.950.860.610.320.930.930.320.95-0.620.920.940.60.210.940.910.930.390.820.88-0.4
0.930.82-0.270.80.90.890.840.610.070.980.820.070.89-0.50.860.930.460.260.870.930.830.220.980.88-0.31
-0.46-0.360.2-0.47-0.44-0.45-0.29-0.66-0.32-0.43-0.3-0.32-0.550.92-0.42-0.36-0.840.3-0.44-0.25-0.48-0.27-0.36-0.4-0.31
Click cells to compare fundamentals

Brown Forman Account Relationship Matchups

Brown Forman fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B6.5B6.4B7.8B8.9B9.4B
Short Long Term Debt Total2.6B2.6B2.3B2.9B3.3B3.5B
Other Current Liab30M34M81M22M25.3M24.0M
Total Current Liabilities881M918M1.0B1.1B1.2B1.3B
Total Stockholder Equity2.0B2.7B2.7B3.3B3.8B3.9B
Property Plant And Equipment Net848M832M875M1.0B1.2B1.2B
Net Debt1.9B1.4B1.4B2.5B2.9B3.1B
Retained Earnings2.7B3.2B3.2B3.6B4.2B4.4B
Cash675M1.2B868M374M430.1M266.8M
Non Current Assets Total2.5B2.6B2.6B4.0B4.6B4.8B
Non Currrent Assets Other272M318M301M324M372.6M391.2M
Cash And Short Term Investments675M1.2B868M374M430.1M273.9M
Net Receivables570M753M813M855M983.3M1.0B
Common Stock Shares Outstanding482.1M480.4M480.7M480.6M432.5M501.7M
Liabilities And Stockholders Equity5.8B6.5B6.4B7.8B8.9B9.4B
Non Current Liabilities Total2.9B2.9B2.6B3.4B3.9B4.1B
Inventory1.7B1.8B1.8B2.3B2.6B2.8B
Other Current Assets283M335M263M277M332.4M349.0M
Other Stockholder Equity(258M)(237M)(225M)(212M)(190.8M)(200.3M)
Total Liab3.8B3.9B3.6B4.5B5.2B5.4B
Property Plant And Equipment Gross848M832M1.7B1.9B2.2B2.3B
Total Current Assets3.3B3.9B3.8B3.8B4.4B4.6B
Accumulated Other Comprehensive Income(547M)(422M)(352M)(235M)(211.5M)(222.1M)
Short Term Debt333M205M250M235M270.3M198.4M
Intangible Assets635M676M586M1.2B1.3B1.4B
Accounts Payable518M679M703M827M951.1M998.6M
Good Will756M779M761M1.5B1.7B1.8B
Other Liab499M605M545M583M670.5M613.7M
Net Tangible Assets584M1.2B1.4B647M744.1M630.2M
Other Assets206M211M251M375M431.3M218.4M
Long Term Debt2.3B2.4B2.0B2.7B3.1B2.0B
Short Long Term Debt150M333M205M235M211.5M269.9M
Non Current Liabilities Other168M206M181M253M291.0M187.1M
Net Invested Capital4.6B2.6B2.3B2.9B2.6B2.7B

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Please note, there is a significant difference between Brown Forman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Forman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Forman'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.