Brady Total Current Liabilities vs Total Assets Analysis

BRC Stock  USD 68.27  0.88  1.31%   
Brady financial indicator trend analysis is way more than just evaluating Brady prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brady is a good investment. Please check the relationship between Brady Total Current Liabilities and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brady. 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.
For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brady Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brady's Total Current Liabilities and Total Assets is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Brady, assuming nothing else is changed. The correlation between historical values of Brady's Total Current Liabilities and Total 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 Total Current Liabilities of Brady are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Brady's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Brady balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Brady are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of Brady assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Brady books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Brady's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brady 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 Brady. 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.
For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.At present, Brady's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit631.6M657.3M755.9M433.2M
Total Revenue1.3B1.3B1.5B850.7M

Brady fundamental ratios Correlations

0.430.380.940.950.820.10.580.510.980.250.510.970.750.570.570.330.330.840.30.940.350.960.430.420.87
0.43-0.130.490.150.060.81-0.090.00.480.80.00.40.130.94-0.080.920.330.84-0.140.320.670.50.73-0.070.33
0.38-0.130.360.430.44-0.110.410.030.38-0.290.030.430.330.020.52-0.230.020.20.150.350.030.390.110.470.38
0.940.490.360.850.730.260.460.320.930.390.320.910.670.540.480.450.360.860.230.850.580.950.580.340.8
0.950.150.430.850.87-0.190.670.60.910.040.60.930.780.310.640.070.260.640.370.940.170.880.210.470.84
0.820.060.440.730.87-0.120.810.30.82-0.050.30.80.710.220.83-0.07-0.050.520.610.72-0.010.780.190.70.74
0.10.81-0.110.26-0.19-0.12-0.36-0.560.220.7-0.560.07-0.240.72-0.280.70.040.58-0.25-0.130.550.230.72-0.19-0.01
0.58-0.090.410.460.670.81-0.360.340.56-0.330.340.580.670.070.95-0.15-0.20.280.880.56-0.190.520.110.920.58
0.510.00.030.320.60.3-0.560.340.35-0.041.00.50.560.080.240.050.460.220.050.740.030.37-0.260.060.49
0.980.480.380.930.910.820.220.560.350.280.350.940.680.620.560.340.260.870.310.860.340.960.530.430.83
0.250.8-0.290.390.04-0.050.7-0.33-0.040.28-0.040.19-0.040.62-0.330.870.320.58-0.320.190.80.320.57-0.370.07
0.510.00.030.320.60.3-0.560.341.00.35-0.040.50.560.080.240.050.460.220.050.740.030.37-0.260.060.49
0.970.40.430.910.930.80.070.580.50.940.190.50.80.550.620.320.370.820.310.930.330.980.330.460.93
0.750.130.330.670.780.71-0.240.670.560.68-0.040.560.80.260.70.130.410.510.440.80.150.750.080.520.89
0.570.940.020.540.310.220.720.070.080.620.620.080.550.260.090.770.310.9-0.050.420.470.610.670.070.48
0.57-0.080.520.480.640.83-0.280.950.240.56-0.330.240.620.70.09-0.16-0.130.310.820.54-0.170.570.080.940.66
0.330.92-0.230.450.07-0.070.7-0.150.050.340.870.050.320.130.77-0.160.40.71-0.150.280.820.420.65-0.160.25
0.330.330.020.360.26-0.050.04-0.20.460.260.320.460.370.410.31-0.130.40.38-0.490.440.470.380.17-0.40.51
0.840.840.20.860.640.520.580.280.220.870.580.220.820.510.90.310.710.380.090.710.590.880.720.230.72
0.3-0.140.150.230.370.61-0.250.880.050.31-0.320.050.310.44-0.050.82-0.15-0.490.090.25-0.230.270.060.910.33
0.940.320.350.850.940.72-0.130.560.740.860.190.740.930.80.420.540.280.440.710.250.340.870.210.360.87
0.350.670.030.580.17-0.010.55-0.190.030.340.80.030.330.150.47-0.170.820.470.59-0.230.340.430.64-0.230.24
0.960.50.390.950.880.780.230.520.370.960.320.370.980.750.610.570.420.380.880.270.870.430.470.40.9
0.430.730.110.580.210.190.720.11-0.260.530.57-0.260.330.080.670.080.650.170.720.060.210.640.470.110.24
0.42-0.070.470.340.470.7-0.190.920.060.43-0.370.060.460.520.070.94-0.16-0.40.230.910.36-0.230.40.110.46
0.870.330.380.80.840.74-0.010.580.490.830.070.490.930.890.480.660.250.510.720.330.870.240.90.240.46
Click cells to compare fundamentals

Brady Account Relationship Matchups

Brady fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.4B1.4B1.4B1.6B897.7M
Short Long Term Debt Total47.3M84.0M129.1M80.7M92.8M140.3M
Other Current Liab49.8M59.6M156.4M65.8M75.7M58.8M
Total Current Liabilities185.9M257.6M255.2M258.0M296.7M160.6M
Total Stockholder Equity863.1M963.0M911.3M990.9M1.1B570.4M
Property Plant And Equipment Net157.0M163.6M170.8M171.8M197.6M128.5M
Net Debt(170.4M)(63.3M)15.1M(70.9M)(81.5M)(77.4M)
Retained Earnings704.5M788.4M892.4M1.0B1.2B1.2B
Cash217.6M147.3M114.1M151.5M174.3M128.0M
Non Current Assets Total633.0M912.7M869.3M864.4M994.1M532.4M
Non Currrent Assets Other10.2M6.1M3.7M3.9M3.5M3.6M
Cash And Short Term Investments217.6M147.3M114.1M151.5M174.3M129.1M
Net Receivables146.2M170.6M183.2M184.4M212.1M127.1M
Common Stock Shares Outstanding53.2M52.4M51.7M49.9M57.3M53.0M
Liabilities And Stockholders Equity1.1B1.4B1.4B1.4B1.6B897.7M
Non Current Liabilities Total93.5M157.1M200.9M140.3M161.3M166.7M
Inventory135.7M136.1M190.0M177.1M203.6M213.8M
Other Current Assets10.0M11.1M10.7M11.8M13.6M23.5M
Other Stockholder Equity224.5M230.1M127.4M61.6M70.8M129.3M
Total Liab279.4M414.7M456.0M398.3M458.1M327.3M
Property Plant And Equipment Gross157.0M163.6M170.8M464.5M534.2M560.9M
Total Current Assets509.4M465.1M498.1M524.8M603.5M365.3M
Accumulated Other Comprehensive Income(66.5M)(56.0M)(109.1M)(93.1M)(107.0M)(101.7M)
Short Term Debt15.3M17.7M15.0M14.7M16.9M21.4M
Accounts Payable62.5M82.2M81.1M79.9M91.8M56.0M
Intangible Assets22.3M92.3M74.0M62.1M55.9M84.0M
Other Liab61.5M90.8M86.7M74.4M85.5M61.7M
Other Assets19.1M22.4M37.6M37.9M43.5M41.4M
Good Will416.0M614.1M586.8M592.6M681.5M533.0M
Treasury Stock(107.2M)(109.1M)(217.9M)(290.2M)(261.2M)(248.1M)
Property Plant Equipment157.0M163.6M139.5M142.1M163.5M134.8M
Current Deferred Revenue58.3M98.1M2.7M97.6M112.3M117.9M
Net Tangible Assets424.7M256.6M250.4M336.2M386.6M259.6M
Retained Earnings Total Equity704.5M788.4M892.4M1.0B1.2B718.0M
Capital Surpluse331.8M339.1M345.3M351.8M404.5M356.7M
Non Current Liabilities Other61.5M90.8M105.9M90.6M104.2M81.3M

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When determining whether Brady offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brady'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 Brady Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brady Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brady. 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.
For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Is Brady'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 Brady. If investors know Brady 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 Brady 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
0.094
Dividend Share
0.935
Earnings Share
3.91
Revenue Per Share
27.712
Quarterly Revenue Growth
0.019
The market value of Brady is measured differently than its book value, which is the value of Brady that is recorded on the company's balance sheet. Investors also form their own opinion of Brady's value that differs from its market value or its book value, called intrinsic value, which is Brady'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 Brady's market value can be influenced by many factors that don't directly affect Brady'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 Brady's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brady is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brady'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.