Burke Property Plant Equipment vs Total Current Assets Analysis

BHRB Stock

USD 54.67 0.41 0.76%

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

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Burke Herbert Financial Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Burke Herbert's Property Plant Equipment and Total Current Assets is 0.11. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Burke Herbert Financial, assuming nothing else is changed. The correlation between historical values of Burke Herbert's Property Plant Equipment and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Burke Herbert Financial are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Burke Herbert's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Property Plant Equipment

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Burke Herbert's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Burke Herbert Financial 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 Burke Herbert Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At present, Burke Herbert's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 257.34, whereas Selling General Administrative is forecasted to decline to about 38.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	113.9M	120.8M	164.8M	96.9M
Total Revenue	113.9M	120.8M	164.8M	98.9M

Gross Profit Total Revenue

Burke Herbert fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Cash	Other Assets	Short Term Investments	Total Liab	Long Term Investments	Short Long Term Debt	Short Term Debt	Common Stock	Property Plant Equipment	Other Stockholder Equity	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total
Total Assets		-0.21	0.82	0.03	0.81	0.98	0.32	0.95	0.56	0.99	0.64	0.08	0.14	-0.07	0.82	-0.36	-0.05	0.72	0.47	-0.1	0.31	-0.03	0.28	0.71	0.11	0.22
Other Current Liab	-0.21		-0.47	-0.28	-0.39	-0.19	-0.45	-0.16	0.36	-0.26	0.02	-0.03	-0.41	-0.67	0.16	-0.47	-0.19	0.24	0.53	-0.47	0.81	0.86	-0.31	0.27	0.36	0.9
Total Stockholder Equity	0.82	-0.47		0.32	0.99	0.78	0.57	0.8	0.2	0.78	0.37	0.1	-0.01	-0.08	0.46	0.07	0.22	0.4	-0.01	0.23	-0.05	-0.15	0.29	0.29	-0.22	-0.09
Other Liab	0.03	-0.28	0.32		0.32	0.07	0.1	0.23	-0.51	-0.01	-0.53	-0.17	-0.15	-0.23	-0.1	0.4	0.54	0.04	-0.47	0.55	-0.39	0.1	-0.27	-0.56	-0.57	-0.22
Net Tangible Assets	0.81	-0.39	0.99	0.32		0.77	0.57	0.8	0.25	0.76	0.39	0.11	-0.04	-0.2	0.46	0.03	0.21	0.39	0.05	0.19	0.04	-0.06	0.27	0.31	-0.21	0.01
Retained Earnings	0.98	-0.19	0.78	0.07	0.77		0.19	0.95	0.51	0.98	0.61	0.1	0.18	-0.06	0.86	-0.36	0.0	0.79	0.5	-0.06	0.29	0.01	0.16	0.68	0.08	0.23
Cash	0.32	-0.45	0.57	0.1	0.57	0.19		0.27	0.04	0.29	0.06	0.21	0.12	-0.09	0.05	0.42	0.02	-0.07	-0.35	0.1	-0.18	-0.29	0.71	0.08	-0.09	-0.26
Other Assets	0.95	-0.16	0.8	0.23	0.8	0.95	0.27		0.45	0.94	0.39	-0.06	0.01	-0.17	0.79	-0.32	0.01	0.76	0.37	-0.06	0.28	0.06	0.22	0.58	0.09	0.23
Short Term Investments	0.56	0.36	0.2	-0.51	0.25	0.51	0.04	0.45		0.52	0.64	0.2	0.13	-0.29	0.55	-0.69	-0.74	0.39	0.84	-0.84	0.82	0.13	0.48	0.92	0.79	0.61
Total Liab	0.99	-0.26	0.78	-0.01	0.76	0.98	0.29	0.94	0.52		0.63	0.06	0.18	0.06	0.83	-0.35	-0.06	0.73	0.44	-0.09	0.24	-0.11	0.29	0.71	0.13	0.14
Long Term Investments	0.64	0.02	0.37	-0.53	0.39	0.61	0.06	0.39	0.64	0.63		0.36	0.3	0.06	0.59	-0.47	-0.17	0.41	0.68	-0.23	0.42	-0.03	0.14	0.79	0.2	0.3
Short Long Term Debt	0.08	-0.03	0.1	-0.17	0.11	0.1	0.21	-0.06	0.2	0.06	0.36		0.7	-0.04	0.23	0.31	-0.11	0.16	0.15	-0.13	0.13	0.0	0.12	0.2	0.08	0.09
Short Term Debt	0.14	-0.41	-0.01	-0.15	-0.04	0.18	0.12	0.01	0.13	0.18	0.3	0.7		0.39	0.25	0.21	-0.2	0.12	0.16	-0.07	-0.18	-0.45	0.2	0.19	0.1	-0.28
Common Stock	-0.07	-0.67	-0.08	-0.23	-0.2	-0.06	-0.09	-0.17	-0.29	0.06	0.06	-0.04	0.39		-0.18	0.19	-0.06	-0.23	-0.32	0.2	-0.65	-0.82	0.12	-0.14	-0.02	-0.78
Property Plant Equipment	0.82	0.16	0.46	-0.1	0.46	0.86	0.05	0.79	0.55	0.83	0.59	0.23	0.25	-0.18		-0.37	-0.03	0.96	0.64	-0.2	0.51	0.3	0.05	0.76	0.2	0.5
Other Stockholder Equity	-0.36	-0.47	0.07	0.4	0.03	-0.36	0.42	-0.32	-0.69	-0.35	-0.47	0.31	0.21	0.19	-0.37		0.44	-0.3	-0.82	0.55	-0.68	-0.24	0.05	-0.67	-0.52	-0.57
Total Current Liabilities	-0.05	-0.19	0.22	0.54	0.21	0.0	0.02	0.01	-0.74	-0.06	-0.17	-0.11	-0.2	-0.06	-0.03	0.44		0.1	-0.46	0.94	-0.49	0.25	-0.66	-0.54	-0.96	-0.2
Property Plant And Equipment Net	0.72	0.24	0.4	0.04	0.39	0.79	-0.07	0.76	0.39	0.73	0.41	0.16	0.12	-0.23	0.96	-0.3	0.1		0.53	-0.09	0.47	0.43	-0.13	0.6	0.1	0.52
Net Debt	0.47	0.53	-0.01	-0.47	0.05	0.5	-0.35	0.37	0.84	0.44	0.68	0.15	0.16	-0.32	0.64	-0.82	-0.46	0.53		-0.62	0.83	0.36	-0.02	0.84	0.54	0.74
Accounts Payable	-0.1	-0.47	0.23	0.55	0.19	-0.06	0.1	-0.06	-0.84	-0.09	-0.23	-0.13	-0.07	0.2	-0.2	0.55	0.94	-0.09	-0.62		-0.74	-0.08	-0.53	-0.66	-0.98	-0.51
Non Current Assets Total	0.31	0.81	-0.05	-0.39	0.04	0.29	-0.18	0.28	0.82	0.24	0.42	0.13	-0.18	-0.65	0.51	-0.68	-0.49	0.47	0.83	-0.74		0.65	0.09	0.74	0.63	0.94
Non Currrent Assets Other	-0.03	0.86	-0.15	0.1	-0.06	0.01	-0.29	0.06	0.13	-0.11	-0.03	0.0	-0.45	-0.82	0.3	-0.24	0.25	0.43	0.36	-0.08	0.65		-0.5	0.12	-0.06	0.86
Cash And Short Term Investments	0.28	-0.31	0.29	-0.27	0.27	0.16	0.71	0.22	0.48	0.29	0.14	0.12	0.2	0.12	0.05	0.05	-0.66	-0.13	-0.02	-0.53	0.09	-0.5		0.4	0.58	-0.17
Net Receivables	0.71	0.27	0.29	-0.56	0.31	0.68	0.08	0.58	0.92	0.71	0.79	0.2	0.19	-0.14	0.76	-0.67	-0.54	0.6	0.84	-0.66	0.74	0.12	0.4		0.64	0.56
Common Stock Shares Outstanding	0.11	0.36	-0.22	-0.57	-0.21	0.08	-0.09	0.09	0.79	0.13	0.2	0.08	0.1	-0.02	0.2	-0.52	-0.96	0.1	0.54	-0.98	0.63	-0.06	0.58	0.64		0.38
Non Current Liabilities Total	0.22	0.9	-0.09	-0.22	0.01	0.23	-0.26	0.23	0.61	0.14	0.3	0.09	-0.28	-0.78	0.5	-0.57	-0.2	0.52	0.74	-0.51	0.94	0.86	-0.17	0.56	0.38

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Burke Herbert Account Relationship Matchups

Burke Herbert fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	3.4B	3.6B	3.6B	3.6B	2.6B
Other Current Liab	(43.4M)	(118.7M)	(23.7M)	(25.9M)	1.2B	1.3B
Total Stockholder Equity	353.5M	384.9M	389.6M	273.5M	314.8M	272.5M
Other Liab	41.0M	12.7M	58K	10.6M	12.2M	21.7M
Net Tangible Assets	353.5M	384.9M	389.6M	273.5M	314.5M	308.2M
Retained Earnings	338.3M	348.4M	396.1M	424.4M	427.3M	279.8M
Cash	83.7M	228.7M	77.4M	50.3M	44.5M	71.5M
Other Assets	2.0B	2.0B	1.9B	2.1B	2.4B	1.4B
Short Term Investments	693.8M	1.2B	1.6B	1.4B	1.2B	1.3B
Total Liab	2.5B	3.0B	3.2B	3.3B	3.3B	1.9B
Long Term Investments	699.7M	1.2B	1.6B	1.4B	1.2B	1.1B
Common Stock	3.8M	3.8M	3.7M	3.7M	3.6M	3.1M
Property Plant Equipment	41.2M	49.4M	44.7M	63.0M	72.5M	43.2M
Other Stockholder Equity	10.0M	10.2M	(17.4M)	(15.4M)	(13.1M)	(12.4M)
Total Current Liabilities	43.4M	118.7M	23.7M	25.9M	1.2B	1.0B
Accounts Payable	43.4M	34.8M	23.7M	25.9M	28.9M	27.5M
Non Current Assets Total	734.9M	1.2B	1.6B	1.4B	3.6B	3.7B
Non Currrent Assets Other	(734.9M)	(1.2B)	(1.6B)	(1.4B)	3.4B	3.6B
Cash And Short Term Investments	83.7M	228.7M	77.4M	50.3M	(8.9M)	(8.5M)
Common Stock Shares Outstanding	7.5M	7.5M	7.4M	7.5M	7.5M	4.4M
Liabilities And Stockholders Equity	2.9B	3.4B	3.6B	3.6B	3.6B	1.8B
Non Current Liabilities Total	75M	141.1M	275M	343.1M	2.1B	2.2B
Total Current Assets	91.9M	242.5M	92.6M	65.8M	60.4M	85.6M
Accumulated Other Comprehensive Income	1.4M	22.6M	7.0M	(139.5M)	(103.5M)	(98.3M)
Long Term Debt	75M	141.1M	275M	343.1M	272M	239.9M
Inventory	(91.9M)	(242.5M)	(92.6M)	(65.8M)	(7.0M)	(7.3M)
Other Current Assets	91.9M	242.5M	92.6M	65.8M	60.4M	68.8M
Property Plant And Equipment Gross	83.7M	83.6M	80.7M	90.3M	96.3M	53.1M

Pair Trading with Burke Herbert

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

Moving together with Burke Stock

0.82	AX	Axos Financial Earnings Call Tomorrow	Pair Corr
0.84	BY	Byline Bancorp Normal Trading	Pair Corr

Moving against Burke Stock

0.64	NU	Nu Holdings Aggressive Push	Pair Corr
0.62	TECTP	Tectonic Financial	Pair Corr
0.6	CFG-PD	Citizens Financial	Pair Corr
0.55	DB	Deutsche Bank AG Normal Trading	Pair Corr
0.49	KB	KB Financial Group Financial Report 20th of May 2024	Pair Corr

The ability to find closely correlated positions to Burke Herbert could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burke Herbert 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 Burke Herbert - 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 Burke Herbert Financial to buy it.

The correlation of Burke Herbert 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 Burke Herbert moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burke Herbert Financial 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 Burke Herbert 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 Burke Herbert Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Burke Herbert's 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 Burke Herbert Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Burke Herbert Financial Stock:

How To Invest In Burke

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Is Burke Stock a good investment?

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What is Burke Herbert's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Burke Herbert Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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

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Is Burke Herbert'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 Burke Herbert. If investors know Burke 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 Burke Herbert 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

(0.62)

Dividend Share

2.12

Earnings Share

3.02

Revenue Per Share

14.665

Quarterly Revenue Growth

(0.24)

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

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Total Current Assets

Burke Herbert fundamental ratios Correlations

Burke Herbert Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Burke Herbert fundamental ratios Accounts

Pair Trading with Burke Herbert

Moving together with Burke Stock

Moving against Burke Stock

Complementary Tools for Burke Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Assets
Total Liab	+ 0.98	Retained Earnings
Property Plant And Equipment Net	+ 0.96	Property Plant Equipment
Other Assets	+ 0.95	Total Assets

Common Stock Shares Outstanding	- 0.98	Accounts Payable
Common Stock Shares Outstanding	- 0.96	Total Current Liabilities
Accounts Payable	- 0.84	Short Term Investments
Net Debt	- 0.82	Other Stockholder Equity
Non Currrent Assets Other	- 0.82	Common Stock
Non Current Liabilities Total	- 0.78	Common Stock