Brenmiller Cash vs Accounts Payable Analysis
BNRG Stock | USD 2.12 0.05 2.30% |
Brenmiller Energy financial indicator trend analysis is way more than just evaluating Brenmiller Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brenmiller Energy is a good investment. Please check the relationship between Brenmiller Energy Cash and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brenmiller Energy Ltd. 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.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brenmiller Energy Cash account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Brenmiller Energy's Cash and Accounts Payable is -0.74. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Brenmiller Energy Ltd, assuming nothing else is changed. The correlation between historical values of Brenmiller Energy's Cash and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Brenmiller Energy Ltd are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., Brenmiller Energy's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Brenmiller Energy, which is listed under current asset account on Brenmiller Energy Ltd balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Brenmiller Energy customers. The amounts must be unrestricted with restricted cash listed in a different Brenmiller Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Accounts Payable
An accounting item on the balance sheet that represents Brenmiller Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Brenmiller Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Brenmiller Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brenmiller Energy 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 Brenmiller Energy Ltd. 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 this time, Brenmiller Energy's Enterprise Value is most likely to decrease significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 7.0M | 11.0M | 8.8M | 8.2M | Cost Of Revenue | 4.1M | 1.9M | 1.8M | 1.9M |
Brenmiller Energy fundamental ratios Correlations
Click cells to compare fundamentals
Brenmiller Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brenmiller Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 825.1K | 1.1M | 1.8M | 1.4M | 1.2M | 1.2M | |
Total Current Liabilities | 7.1M | 3.5M | 4.2M | 2.7M | 2.7M | 2.6M | |
Retained Earnings | (80.6M) | (96.8M) | (95.7M) | (106.8M) | (95.4M) | (100.2M) | |
Accounts Payable | 242.9K | 241.7K | 264K | 246K | 321K | 305.0K | |
Net Receivables | 352.1K | 1.1M | 715K | 1.2M | 478K | 764.1K | |
Other Current Assets | 492.9K | 644.0K | 47K | 274K | 267K | 253.7K | |
Other Stockholder Equity | 21.3M | 32.9M | 46.8M | 54.0M | 100.2M | 61.0M | |
Total Current Assets | 845.1K | 3.6M | 9.1M | 8.6M | 4.6M | 5.2M | |
Common Stock | 44.6K | 69.1K | 79K | 88K | 124K | 99.1K |
Pair Trading with Brenmiller Energy
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 Brenmiller Energy 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 Brenmiller Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Brenmiller Stock
0.77 | RNWWW | ReNew Energy Global | PairCorr |
Moving against Brenmiller Stock
0.89 | CEG | Constellation Energy Corp | PairCorr |
0.83 | VGASW | Verde Clean Fuels | PairCorr |
0.83 | D | Dominion Energy Sell-off Trend | PairCorr |
0.77 | EE | Excelerate Energy | PairCorr |
0.67 | AQN | Algonquin Power Utilities | PairCorr |
The ability to find closely correlated positions to Brenmiller Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brenmiller Energy 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 Brenmiller Energy - 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 Brenmiller Energy Ltd to buy it.
The correlation of Brenmiller Energy 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 Brenmiller Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brenmiller Energy 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 Brenmiller Energy 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 Brenmiller Energy Ltd. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Brenmiller Stock analysis
When running Brenmiller Energy's price analysis, check to measure Brenmiller Energy'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 Brenmiller Energy is operating at the current time. Most of Brenmiller Energy's value examination focuses on studying past and present price action to predict the probability of Brenmiller Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brenmiller Energy's price. Additionally, you may evaluate how the addition of Brenmiller Energy to your portfolios can decrease your overall portfolio volatility.
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |
Is Brenmiller Energy'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 Brenmiller Energy. If investors know Brenmiller 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 Brenmiller Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.99) | Revenue Per Share 0.318 | Quarterly Revenue Growth (0.61) | Return On Assets (0.53) | Return On Equity (2.57) |
The market value of Brenmiller Energy is measured differently than its book value, which is the value of Brenmiller that is recorded on the company's balance sheet. Investors also form their own opinion of Brenmiller Energy's value that differs from its market value or its book value, called intrinsic value, which is Brenmiller Energy'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 Brenmiller Energy's market value can be influenced by many factors that don't directly affect Brenmiller Energy'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 Brenmiller Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brenmiller Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brenmiller Energy'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.