Berkshire Retained Earnings vs Total Current Assets 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 Retained Earnings and its Total Current Assets 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.

Retained Earnings vs Total Current Assets

Retained Earnings vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hathaway Retained Earnings account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Berkshire Hathaway's Retained Earnings and Total Current Assets is 0.94. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Assets 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 Retained Earnings 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 Retained Earnings of Berkshire Hathaway 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 Retained Earnings i.e., Berkshire Hathaway's Retained Earnings and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 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 Profit	240.5B	109.9B	70.9B	103.9B
Total Revenue	276.1B	302.1B	364.5B	382.7B

Gross Profit Total Revenue

Berkshire Hathaway fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Good Will	Common Stock Total Equity	Short Term Investments	Inventory	Other Current Assets
Common Stock Shares Outstanding		0.25	0.39	0.19	-0.11	0.18	0.4	0.04	0.01	0.29	0.52	0.21	-0.53	0.33	0.3	0.08	0.18	0.51	0.33	0.04	0.2	0.59	0.34	0.07	0.23	0.07
Total Assets	0.25		0.98	-0.4	0.6	1.0	0.98	0.8	0.97	0.25	0.28	0.99	0.31	-0.32	0.97	0.91	0.69	-0.65	0.99	0.89	0.97	0.7	0.77	0.88	0.98	-0.6
Short Long Term Debt Total	0.39	0.98		-0.38	0.55	0.96	0.99	0.78	0.9	0.33	0.35	0.96	0.15	-0.25	0.97	0.86	0.67	-0.52	0.99	0.83	0.94	0.78	0.78	0.84	0.96	-0.54
Other Current Liab	0.19	-0.4	-0.38		-0.06	-0.38	-0.35	-0.52	-0.42	-0.34	0.18	-0.43	-0.24	0.27	-0.28	-0.35	0.21	0.49	-0.41	-0.38	-0.29	-0.26	-0.11	-0.4	-0.51	0.27
Total Current Liabilities	-0.11	0.6	0.55	-0.06		0.62	0.56	0.68	0.66	0.51	-0.22	0.56	0.36	-0.18	0.6	0.87	0.9	-0.68	0.56	0.54	0.76	0.08	0.8	0.76	0.54	-0.19
Total Stockholder Equity	0.18	1.0	0.96	-0.38	0.62		0.96	0.81	0.98	0.2	0.24	0.99	0.37	-0.37	0.97	0.91	0.7	-0.69	0.98	0.91	0.97	0.66	0.75	0.89	0.97	-0.63
Property Plant And Equipment Net	0.4	0.98	0.99	-0.35	0.56	0.96		0.77	0.91	0.33	0.36	0.97	0.19	-0.24	0.97	0.87	0.69	-0.53	0.99	0.84	0.95	0.77	0.8	0.84	0.96	-0.55
Net Debt	0.04	0.8	0.78	-0.52	0.68	0.81	0.77		0.81	0.46	-0.31	0.83	0.38	-0.61	0.74	0.85	0.57	-0.64	0.79	0.83	0.81	0.47	0.67	0.97	0.83	-0.46
Retained Earnings	0.01	0.97	0.9	-0.42	0.66	0.98	0.91	0.81		0.16	0.14	0.97	0.51	-0.4	0.92	0.92	0.68	-0.8	0.93	0.91	0.94	0.54	0.7	0.89	0.95	-0.63
Accounts Payable	0.29	0.25	0.33	-0.34	0.51	0.2	0.33	0.46	0.16		-0.2	0.2	-0.23	0.12	0.24	0.46	0.35	-0.13	0.3	0.08	0.35	0.21	0.59	0.39	0.29	0.2
Cash	0.52	0.28	0.35	0.18	-0.22	0.24	0.36	-0.31	0.14	-0.2		0.22	-0.35	0.5	0.35	0.02	0.13	0.17	0.32	0.01	0.21	0.51	0.17	-0.18	0.22	-0.14
Non Current Assets Total	0.21	0.99	0.96	-0.43	0.56	0.99	0.97	0.83	0.97	0.2	0.22		0.35	-0.41	0.96	0.88	0.64	-0.65	0.98	0.92	0.94	0.7	0.71	0.9	0.98	-0.64
Non Currrent Assets Other	-0.53	0.31	0.15	-0.24	0.36	0.37	0.19	0.38	0.51	-0.23	-0.35	0.35		-0.47	0.22	0.42	0.21	-0.64	0.23	0.46	0.31	-0.14	0.1	0.42	0.35	-0.36
Other Assets	0.33	-0.32	-0.25	0.27	-0.18	-0.37	-0.24	-0.61	-0.4	0.12	0.5	-0.41	-0.47		-0.32	-0.28	-0.08	0.34	-0.27	-0.6	-0.31	-0.18	0.0	-0.55	-0.38	0.65
Cash And Short Term Investments	0.3	0.97	0.97	-0.28	0.6	0.97	0.97	0.74	0.92	0.24	0.35	0.96	0.22	-0.32		0.88	0.74	-0.57	0.97	0.86	0.97	0.72	0.77	0.84	0.94	-0.67
Net Receivables	0.08	0.91	0.86	-0.35	0.87	0.91	0.87	0.85	0.92	0.46	0.02	0.88	0.42	-0.28	0.88		0.83	-0.76	0.89	0.8	0.96	0.46	0.87	0.92	0.88	-0.45
Non Current Liabilities Total	0.18	0.69	0.67	0.21	0.9	0.7	0.69	0.57	0.68	0.35	0.13	0.64	0.21	-0.08	0.74	0.83		-0.51	0.67	0.57	0.83	0.3	0.86	0.71	0.59	-0.27
Other Stockholder Equity	0.51	-0.65	-0.52	0.49	-0.68	-0.69	-0.53	-0.64	-0.8	-0.13	0.17	-0.65	-0.64	0.34	-0.57	-0.76	-0.51		-0.59	-0.65	-0.68	-0.03	-0.47	-0.69	-0.63	0.44
Total Liab	0.33	0.99	0.99	-0.41	0.56	0.98	0.99	0.79	0.93	0.3	0.32	0.98	0.23	-0.27	0.97	0.89	0.67	-0.59		0.86	0.95	0.75	0.78	0.86	0.98	-0.57
Property Plant And Equipment Gross	0.04	0.89	0.83	-0.38	0.54	0.91	0.84	0.83	0.91	0.08	0.01	0.92	0.46	-0.6	0.86	0.8	0.57	-0.65	0.86		0.85	0.56	0.58	0.89	0.88	-0.7
Total Current Assets	0.2	0.97	0.94	-0.29	0.76	0.97	0.95	0.81	0.94	0.35	0.21	0.94	0.31	-0.31	0.97	0.96	0.83	-0.68	0.95	0.85		0.6	0.85	0.9	0.93	-0.58
Good Will	0.59	0.7	0.78	-0.26	0.08	0.66	0.77	0.47	0.54	0.21	0.51	0.7	-0.14	-0.18	0.72	0.46	0.3	-0.03	0.75	0.56	0.6		0.57	0.5	0.73	-0.43
Common Stock Total Equity	0.34	0.77	0.78	-0.11	0.8	0.75	0.8	0.67	0.7	0.59	0.17	0.71	0.1	0.0	0.77	0.87	0.86	-0.47	0.78	0.58	0.85	0.57		0.76	0.71	-0.25
Short Term Investments	0.07	0.88	0.84	-0.4	0.76	0.89	0.84	0.97	0.89	0.39	-0.18	0.9	0.42	-0.55	0.84	0.92	0.71	-0.69	0.86	0.89	0.9	0.5	0.76		0.88	-0.52
Inventory	0.23	0.98	0.96	-0.51	0.54	0.97	0.96	0.83	0.95	0.29	0.22	0.98	0.35	-0.38	0.94	0.88	0.59	-0.63	0.98	0.88	0.93	0.73	0.71	0.88		-0.58
Other Current Assets	0.07	-0.6	-0.54	0.27	-0.19	-0.63	-0.55	-0.46	-0.63	0.2	-0.14	-0.64	-0.36	0.65	-0.67	-0.45	-0.27	0.44	-0.57	-0.7	-0.58	-0.43	-0.25	-0.52	-0.58

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Berkshire Hathaway Account Relationship Matchups

Berkshire Hathaway fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	1.6M	1.6M	1.5M	1.5M	1.4M	1.6M
Total Assets	817.7B	873.7B	958.8B	948.5B	1.1T	1.1T
Short Long Term Debt Total	103.4B	116.9B	114.3B	122.7B	133.6B	140.2B
Other Current Liab	(4.7B)	(3.3B)	(2.4B)	(51.5B)	(8.3B)	(7.8B)
Total Current Liabilities	4.7B	3.3B	2.4B	2.4B	64.6B	67.9B
Total Stockholder Equity	424.8B	443.2B	506.2B	472.4B	561.3B	589.3B
Property Plant And Equipment Net	174.3B	187.0B	191.3B	197.0B	221.9B	233.0B
Net Debt	39.2B	68.9B	26.1B	86.9B	95.5B	100.3B
Retained Earnings	402.5B	444.6B	534.4B	511.6B	607.4B	637.7B
Accounts Payable	(595M)	(2.5B)	(3.5B)	44.6B	49.4B	51.8B
Cash	64.2B	48.0B	88.2B	35.8B	38.0B	34.0B
Non Current Assets Total	635.9B	700.6B	736.7B	759.0B	802.2B	842.3B
Non Currrent Assets Other	(66.8B)	(74.1B)	(90.2B)	(77.0B)	(34.2B)	(35.9B)
Other Assets	18.0B	(1.0B)	35.8B	12.6B	14.4B	25.5B
Cash And Short Term Investments	128.0B	138.3B	146.7B	128.6B	167.6B	176.0B
Net Receivables	35.8B	35.9B	39.6B	48.3B	75.9B	79.7B
Liabilities And Stockholders Equity	817.7B	873.7B	958.8B	948.5B	1.1T	1.1T
Non Current Liabilities Total	170.8B	187.6B	202.2B	2.4B	434.6B	456.3B
Other Stockholder Equity	27.5B	2.8B	(24.2B)	(32.7B)	(42.3B)	(40.2B)
Total Liab	389.2B	422.4B	443.9B	467.8B	499.2B	524.2B
Property Plant And Equipment Gross	158.2B	166.7B	174.3B	187.0B	215.1B	225.8B
Total Current Assets	163.8B	174.1B	186.3B	176.9B	267.7B	281.1B
Good Will	81.9B	73.7B	73.9B	78.1B	84.6B	50.3B
Short Term Investments	63.8B	90.3B	58.5B	92.8B	129.6B	136.1B
Inventory	19.9B	19.2B	21.0B	25.4B	24.2B	25.4B
Other Current Assets	8.2B	8.6B	9.5B	13.2B	13.5B	22.7B
Accumulated Other Comprehensive Income	(5.2B)	(4.2B)	(4.0B)	(6.6B)	(3.8B)	(3.6B)
Short Term Debt	4.7B	3.3B	2.4B	2.4B	15.3B	16.0B
Intangible Assets	31.6B	30.7B	28.5B	29.2B	29.3B	27.0B
Net Tangible Assets	311.9B	340.0B	402.7B	363.8B	418.3B	272.0B
Current Deferred Revenue	5.3B	5.9B	5.8B	6.8B	8.3B	8.7B
Noncontrolling Interest In Consolidated Entity	3.8B	3.8B	8.2B	8.7B	10.0B	10.5B
Long Term Debt	968M	113.5B	111.9B	120.3B	122.9B	129.1B
Retained Earnings Total Equity	321.1B	402.5B	444.6B	534.4B	614.6B	645.3B
Long Term Debt Total	968M	113.5B	111.9B	120.3B	138.4B	145.3B
Capital Surpluse	35.7B	35.6B	35.6B	35.2B	31.7B	28.6B
Long Term Investments	53.7B	37.7B	443.1B	454.7B	536.3B	563.1B
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

0.82	ESGR	Enstar Group Limited	Pair Corr
0.67	FIHL	Fidelis Insurance Report 28th of June 2024	Pair Corr
0.76	AIG	American International Sell-off Trend	Pair Corr
0.76	EQH	Axa Equitable Holdings Financial Report 1st of May 2024	Pair Corr

Moving against Berkshire Stock

0.68

DHIL

Diamond Hill Investment

Pair Corr

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 Correlation Correlation 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Berkshire Stock analysis

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

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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.

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Berkshire Retained Earnings vs Total Current Assets Analysis

Retained Earnings vs Total Current Assets

Retained Earnings vs Total Current Assets Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Current Assets

Berkshire Hathaway fundamental ratios Correlations

Berkshire Hathaway Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Berkshire Hathaway fundamental ratios Accounts

Pair Trading with Berkshire Hathaway

Moving together with Berkshire Stock

Moving against Berkshire Stock

Complementary Tools for Berkshire Stock analysis

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.8	Retained Earnings
Other Stockholder Equity	- 0.76	Net Receivables
Other Current Assets	- 0.7	Property Plant And Equipment Gross
Short Term Investments	- 0.69	Other Stockholder Equity
Other Stockholder Equity	- 0.69	Total Stockholder Equity
Total Current Assets	- 0.68	Other Stockholder Equity