Brookline Total Liab vs Non Current Assets Total Analysis
BRKL Stock | USD 8.99 0.03 0.33% |
Brookline Bancorp financial indicator trend analysis is way more than just evaluating Brookline Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookline Bancorp is a good investment. Please check the relationship between Brookline Bancorp Total Liab and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Brookline Stock please use our How to buy in Brookline Stock guide.
Total Liab vs Non Current Assets Total
Total Liab vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookline Bancorp Total Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brookline Bancorp's Total Liab and Non Current Assets Total is 0.67. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Brookline Bancorp, assuming nothing else is changed. The correlation between historical values of Brookline Bancorp's Total Liab and Non Current Assets Total 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 Liab of Brookline Bancorp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Liab i.e., Brookline Bancorp's Total Liab and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Brookline Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookline Bancorp 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 Brookline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Brookline Stock please use our How to buy in Brookline Stock guide.At this time, Brookline Bancorp's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 23.2 M this year, although Enterprise Value Over EBITDA is projected to rise to (92.07).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 29.2M | 45.4M | 61.9M | 46.4M | Depreciation And Amortization | 876K | 494K | 16.0M | 16.8M |
Brookline Bancorp fundamental ratios Correlations
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Brookline Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookline Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.9B | 8.9B | 8.6B | 9.2B | 11.4B | 12.0B | |
Short Long Term Debt Total | 927.6M | 844.4M | 377.8M | 1.5B | 1.4B | 1.5B | |
Total Stockholder Equity | 945.6M | 941.8M | 995.3M | 992.1M | 1.2B | 683.2M | |
Property Plant And Equipment Net | 99.2M | 95.7M | 90.9M | 90.9M | 120.7M | 126.8M | |
Net Debt | 849.8M | 409.5M | 311.6M | 1.3B | 1.3B | 1.3B | |
Retained Earnings | 265.4M | 264.9M | 342.6M | 412.0M | 438.7M | 460.7M | |
Cash | 77.8M | 434.9M | 66.3M | 191.8M | 133.0M | 74.5M | |
Non Current Assets Total | 853.4M | 1.0B | 1.2B | 909.8M | 11.2B | 11.8B | |
Non Currrent Assets Other | (25.0M) | (40.1M) | (39.0M) | (243.4M) | 10.5B | 11.0B | |
Other Assets | 6.4B | 6.8B | 6.3B | 7.3B | 8.4B | 8.8B | |
Cash And Short Term Investments | 580.4M | 1.2B | 1.0B | 1.0B | 133.0M | 126.4M | |
Common Stock Shares Outstanding | 79.9M | 79.1M | 78.2M | 77.4M | 88.5M | 73.5M | |
Liabilities And Stockholders Equity | 7.9B | 8.9B | 8.6B | 9.2B | 11.4B | 12.0B | |
Non Current Liabilities Total | 927.6M | 844.4M | 377.8M | 8.2B | 3.5B | 3.1B | |
Other Stockholder Equity | 677.1M | 659.5M | 652.0M | 641.2M | 811.8M | 515.9M | |
Total Liab | 927.6M | 844.4M | 377.8M | 8.2B | 10.2B | 10.7B | |
Property Plant And Equipment Gross | 99.2M | 95.7M | 90.9M | 90.9M | 221.1M | 232.2M | |
Total Current Assets | 580.4M | 1.2B | 1.0B | 1.0B | 173.8M | 244.5M | |
Accumulated Other Comprehensive Income | 2.3M | 16.5M | (110K) | (61.9M) | (52.8M) | (50.2M) | |
Total Current Liabilities | 5.3B | 6.0B | 2.1B | 6.3B | 6.7B | 7.0B | |
Short Term Debt | 665.8M | 717.3M | 246.5M | 1.1B | 819.5M | 473.2M | |
Other Liab | 44.0M | 19.0M | 21.1M | 64.3M | 73.9M | 77.6M | |
Accounts Payable | 146.3M | 239.7M | 7.0B | 6.5B | 7.5B | 7.9B | |
Long Term Debt | 902.7M | 820.2M | 357.3M | 1.4B | 1.4B | 1.4B | |
Short Term Investments | 502.6M | 746.3M | 982.3M | 848.0M | 916.2M | 962.0M | |
Treasury Stock | (59.1M) | (59.1M) | (77.3M) | (84.7M) | (76.2M) | (80.1M) | |
Property Plant Equipment | 74.4M | 71.6M | 90.9M | 90.9M | 104.5M | 109.7M | |
Other Current Assets | 84.0M | 462.5M | 345.2M | 409.5M | 173.8M | 165.1M | |
Other Current Liab | 4.6B | 5.3B | 1.9B | 5.1B | 5.9B | 3.7B | |
Intangible Assets | 4.4M | 3.2M | 2.3M | 1.8M | 24.2M | 25.4M | |
Inventory | 2.6M | 6.5M | 718K | 408K | 469.2K | 445.7K | |
Net Tangible Assets | 780.8M | 778.2M | 832.6M | 829.9M | 954.4M | 675.9M | |
Capital Surpluse | 755.6M | 736.6M | 737.2M | 736.8M | 847.3M | 715.3M |
Pair Trading with Brookline Bancorp
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 Brookline Bancorp 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 Brookline Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving against Brookline Stock
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The ability to find closely correlated positions to Brookline Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookline Bancorp 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 Brookline Bancorp - 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 Brookline Bancorp to buy it.
The correlation of Brookline Bancorp 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 Brookline Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookline Bancorp 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 Brookline Bancorp 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 Brookline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Brookline Stock please use our How to buy in Brookline Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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Is Brookline Bancorp'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 Brookline Bancorp. If investors know Brookline 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 Brookline Bancorp 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 0.832 | Dividend Share 0.54 | Earnings Share 0.92 | Revenue Per Share 3.834 | Quarterly Revenue Growth 0.096 |
The market value of Brookline Bancorp is measured differently than its book value, which is the value of Brookline that is recorded on the company's balance sheet. Investors also form their own opinion of Brookline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Brookline Bancorp'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 Brookline Bancorp's market value can be influenced by many factors that don't directly affect Brookline Bancorp'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 Brookline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookline Bancorp'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.