Berkshire Accounts Payable vs Deferred Long Term Liab Analysis

BRK-A Stock  USD 606,920  4,640  0.76%   
Berkshire Hathaway financial indicator trend analysis is way more than just evaluating Berkshire Hathaway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hathaway is a good investment. Please check the relationship between Berkshire Hathaway Accounts Payable and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. 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.

Accounts Payable vs Deferred Long Term Liab

Accounts Payable vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hathaway Accounts Payable account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Berkshire Hathaway's Accounts Payable and Deferred Long Term Liab is -0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Berkshire Hathaway, assuming nothing else is changed. The correlation between historical values of Berkshire Hathaway's Accounts Payable and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Berkshire Hathaway are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accounts Payable i.e., Berkshire Hathaway's Accounts Payable and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Berkshire Hathaway 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 Berkshire Hathaway 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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Berkshire Hathaway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hathaway 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 Berkshire Hathaway. 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.
The current year's Tax Provision is expected to grow to about 18.6 B, whereas Selling General Administrative is forecasted to decline to about 5.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit240.5B109.9B70.9B103.9B
Total Revenue276.1B302.1B364.5B382.7B

Berkshire Hathaway fundamental ratios Correlations

0.250.390.19-0.110.180.40.040.010.290.520.21-0.530.330.30.080.180.510.330.040.20.590.340.070.230.07
0.250.98-0.40.61.00.980.80.970.250.280.990.31-0.320.970.910.69-0.650.990.890.970.70.770.880.98-0.6
0.390.98-0.380.550.960.990.780.90.330.350.960.15-0.250.970.860.67-0.520.990.830.940.780.780.840.96-0.54
0.19-0.4-0.38-0.06-0.38-0.35-0.52-0.42-0.340.18-0.43-0.240.27-0.28-0.350.210.49-0.41-0.38-0.29-0.26-0.11-0.4-0.510.27
-0.110.60.55-0.060.620.560.680.660.51-0.220.560.36-0.180.60.870.9-0.680.560.540.760.080.80.760.54-0.19
0.181.00.96-0.380.620.960.810.980.20.240.990.37-0.370.970.910.7-0.690.980.910.970.660.750.890.97-0.63
0.40.980.99-0.350.560.960.770.910.330.360.970.19-0.240.970.870.69-0.530.990.840.950.770.80.840.96-0.55
0.040.80.78-0.520.680.810.770.810.46-0.310.830.38-0.610.740.850.57-0.640.790.830.810.470.670.970.83-0.46
0.010.970.9-0.420.660.980.910.810.160.140.970.51-0.40.920.920.68-0.80.930.910.940.540.70.890.95-0.63
0.290.250.33-0.340.510.20.330.460.16-0.20.2-0.230.120.240.460.35-0.130.30.080.350.210.590.390.290.2
0.520.280.350.18-0.220.240.36-0.310.14-0.20.22-0.350.50.350.020.130.170.320.010.210.510.17-0.180.22-0.14
0.210.990.96-0.430.560.990.970.830.970.20.220.35-0.410.960.880.64-0.650.980.920.940.70.710.90.98-0.64
-0.530.310.15-0.240.360.370.190.380.51-0.23-0.350.35-0.470.220.420.21-0.640.230.460.31-0.140.10.420.35-0.36
0.33-0.32-0.250.27-0.18-0.37-0.24-0.61-0.40.120.5-0.41-0.47-0.32-0.28-0.080.34-0.27-0.6-0.31-0.180.0-0.55-0.380.65
0.30.970.97-0.280.60.970.970.740.920.240.350.960.22-0.320.880.74-0.570.970.860.970.720.770.840.94-0.67
0.080.910.86-0.350.870.910.870.850.920.460.020.880.42-0.280.880.83-0.760.890.80.960.460.870.920.88-0.45
0.180.690.670.210.90.70.690.570.680.350.130.640.21-0.080.740.83-0.510.670.570.830.30.860.710.59-0.27
0.51-0.65-0.520.49-0.68-0.69-0.53-0.64-0.8-0.130.17-0.65-0.640.34-0.57-0.76-0.51-0.59-0.65-0.68-0.03-0.47-0.69-0.630.44
0.330.990.99-0.410.560.980.990.790.930.30.320.980.23-0.270.970.890.67-0.590.860.950.750.780.860.98-0.57
0.040.890.83-0.380.540.910.840.830.910.080.010.920.46-0.60.860.80.57-0.650.860.850.560.580.890.88-0.7
0.20.970.94-0.290.760.970.950.810.940.350.210.940.31-0.310.970.960.83-0.680.950.850.60.850.90.93-0.58
0.590.70.78-0.260.080.660.770.470.540.210.510.7-0.14-0.180.720.460.3-0.030.750.560.60.570.50.73-0.43
0.340.770.78-0.110.80.750.80.670.70.590.170.710.10.00.770.870.86-0.470.780.580.850.570.760.71-0.25
0.070.880.84-0.40.760.890.840.970.890.39-0.180.90.42-0.550.840.920.71-0.690.860.890.90.50.760.88-0.52
0.230.980.96-0.510.540.970.960.830.950.290.220.980.35-0.380.940.880.59-0.630.980.880.930.730.710.88-0.58
0.07-0.6-0.540.27-0.19-0.63-0.55-0.46-0.630.2-0.14-0.64-0.360.65-0.67-0.45-0.270.44-0.57-0.7-0.58-0.43-0.25-0.52-0.58
Click cells to compare fundamentals

Berkshire Hathaway Account Relationship Matchups

Berkshire Hathaway fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.6M1.6M1.5M1.5M1.4M1.6M
Total Assets817.7B873.7B958.8B948.5B1.1T1.1T
Short Long Term Debt Total103.4B116.9B114.3B122.7B133.6B140.2B
Other Current Liab(4.7B)(3.3B)(2.4B)(51.5B)(8.3B)(7.8B)
Total Current Liabilities4.7B3.3B2.4B2.4B64.6B67.9B
Total Stockholder Equity424.8B443.2B506.2B472.4B561.3B589.3B
Property Plant And Equipment Net174.3B187.0B191.3B197.0B221.9B233.0B
Net Debt39.2B68.9B26.1B86.9B95.5B100.3B
Retained Earnings402.5B444.6B534.4B511.6B607.4B637.7B
Accounts Payable(595M)(2.5B)(3.5B)44.6B49.4B51.8B
Cash64.2B48.0B88.2B35.8B38.0B34.0B
Non Current Assets Total635.9B700.6B736.7B759.0B802.2B842.3B
Non Currrent Assets Other(66.8B)(74.1B)(90.2B)(77.0B)(34.2B)(35.9B)
Other Assets18.0B(1.0B)35.8B12.6B14.4B25.5B
Cash And Short Term Investments128.0B138.3B146.7B128.6B167.6B176.0B
Net Receivables35.8B35.9B39.6B48.3B75.9B79.7B
Liabilities And Stockholders Equity817.7B873.7B958.8B948.5B1.1T1.1T
Non Current Liabilities Total170.8B187.6B202.2B2.4B434.6B456.3B
Other Stockholder Equity27.5B2.8B(24.2B)(32.7B)(42.3B)(40.2B)
Total Liab389.2B422.4B443.9B467.8B499.2B524.2B
Property Plant And Equipment Gross158.2B166.7B174.3B187.0B215.1B225.8B
Total Current Assets163.8B174.1B186.3B176.9B267.7B281.1B
Good Will81.9B73.7B73.9B78.1B84.6B50.3B
Short Term Investments63.8B90.3B58.5B92.8B129.6B136.1B
Inventory19.9B19.2B21.0B25.4B24.2B25.4B
Other Current Assets8.2B8.6B9.5B13.2B13.5B22.7B
Accumulated Other Comprehensive Income(5.2B)(4.2B)(4.0B)(6.6B)(3.8B)(3.6B)
Short Term Debt4.7B3.3B2.4B2.4B15.3B16.0B
Intangible Assets31.6B30.7B28.5B29.2B29.3B27.0B
Net Tangible Assets311.9B340.0B402.7B363.8B418.3B272.0B
Current Deferred Revenue5.3B5.9B5.8B6.8B8.3B8.7B
Noncontrolling Interest In Consolidated Entity3.8B3.8B8.2B8.7B10.0B10.5B
Long Term Debt968M113.5B111.9B120.3B122.9B129.1B
Retained Earnings Total Equity321.1B402.5B444.6B534.4B614.6B645.3B
Long Term Debt Total968M113.5B111.9B120.3B138.4B145.3B
Capital Surpluse35.7B35.6B35.6B35.2B31.7B28.6B
Long Term Investments53.7B37.7B443.1B454.7B536.3B563.1B
Treasury Stock(3.1B)(8.1B)(32.9B)(59.8B)(53.8B)(51.1B)

Pair Trading with Berkshire Hathaway

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

Moving together with Berkshire Stock

  0.82ESGR Enstar Group LimitedPairCorr
  0.67FIHL Fidelis Insurance Report 28th of June 2024 PairCorr
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  0.76EQH Axa Equitable Holdings Financial Report 1st of May 2024 PairCorr

Moving against Berkshire Stock

  0.68DHIL Diamond Hill InvestmentPairCorr
The ability to find closely correlated positions to Berkshire Hathaway could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berkshire Hathaway 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 Berkshire Hathaway - 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 Berkshire Hathaway to buy it.
The correlation of Berkshire Hathaway 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 Berkshire Hathaway moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkshire Hathaway 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 Berkshire Hathaway 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 CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. 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.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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