BRP Historical Balance Sheet
DOOO Stock | USD 69.17 0.10 0.14% |
Trend analysis of BRP Inc balance sheet accounts such as Total Current Liabilities of 1.7 B or Total Stockholder Equity of 849.3 M provides information on BRP's total assets, liabilities, and equity, which is the actual value of BRP Inc to its prevalent stockholders. By breaking down trends over time using BRP balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining BRP Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether BRP Inc is a good buy for the upcoming year.
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About BRP Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of BRP Inc at a specified time, usually calculated after every quarter, six months, or one year. BRP Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BRP and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BRP currently owns. An asset can also be divided into two categories, current and non-current.
BRP Balance Sheet Chart
BRP Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how BRP Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, BRP's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 26th of April 2024, Short Term Debt is likely to grow to about 109.6 M, while Total Assets are likely to drop about 3.9 B. Add Fundamental
Total Assets
Total assets refers to the total amount of BRP 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 BRP Inc 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.Total Current Liabilities
Total Current Liabilities is an item on BRP balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BRP Inc 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.Most accounts from BRP's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into BRP Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, BRP's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 26th of April 2024, Short Term Debt is likely to grow to about 109.6 M, while Total Assets are likely to drop about 3.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 1.3B | 1.3B | 1.3B | 646.7M | Total Assets | 5.0B | 6.5B | 6.8B | 3.9B |
BRP balance sheet Correlations
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BRP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BRP balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.9B | 5.0B | 6.5B | 6.8B | 3.9B | |
Other Current Liab | 677M | 1.2B | 1.3B | 1.3B | 1.3B | 646.7M | |
Total Current Liabilities | 1.9B | 2.2B | 2.6B | 2.5B | 2.5B | 1.7B | |
Total Stockholder Equity | (589.7M) | (478.7M) | (135.6M) | 534.9M | 808.9M | 849.3M | |
Other Liab | 524.5M | 635.9M | 577.6M | 489.4M | 562.8M | 446.5M | |
Net Tangible Assets | (1.2B) | (943.8M) | (630.5M) | (206.4M) | (185.8M) | (195.0M) | |
Retained Earnings | (757M) | (575.9M) | (404.3M) | 175.5M | 443.1M | 465.3M | |
Accounts Payable | 1.1B | 814.7M | 965.3M | 943.7M | 1.0B | 714.4M | |
Cash | 42.5M | 1.3B | 265.8M | 202.3M | 491.8M | 343.9M | |
Other Assets | 187.6M | 222.5M | 248.4M | 293.3M | 337.3M | 188.0M | |
Long Term Debt | 1.6B | 2.4B | 1.9B | 2.7B | 2.7B | 1.6B | |
Net Receivables | 417.5M | 339.9M | 497.3M | 698.9M | 717.1M | 423.0M | |
Common Stock Total Equity | 234.8M | 217.8M | 190.6M | 210.4M | 242.0M | 248.9M | |
Short Term Investments | 19.1M | 76.5M | 73.6M | 122.6M | 106.6M | 111.9M | |
Inventory | 1.2B | 1.1B | 1.7B | 2.3B | 2.2B | 1.1B | |
Other Current Assets | 26.8M | 32.9M | 140.1M | 66.7M | 164.3M | 172.5M | |
Other Stockholder Equity | (28.5M) | (154M) | (3.2M) | 58.8M | 71.8M | 75.4M | |
Total Liab | 4.4B | 5.4B | 5.2B | 5.9B | 6.0B | 3.9B | |
Long Term Investments | 20.2M | 31.6M | 53.2M | 69.3M | 49.6M | 26.0M | |
Short Long Term Debt | 17.9M | 25.3M | 103.1M | 88.4M | 58.1M | 31.0M | |
Total Current Assets | 1.7B | 2.9B | 2.7B | 3.4B | 3.5B | 1.9B | |
Accumulated Other Comprehensive Income | 5.2M | 40.8M | 11.3M | 44.8M | 45.5M | 47.8M | |
Short Term Debt | 49.5M | 58.8M | 132.5M | 133.1M | 104.4M | 109.6M | |
Intangible Assets | 379.9M | 349.1M | 379M | 489M | 412.8M | 329.8M | |
Common Stock | 190.6M | 210.4M | 260.6M | 255.8M | 248.5M | 260.6M | |
Property Plant Equipment | 905.1M | 1.2B | 1.3B | 1.6B | 1.8B | 1.9B | |
Short Long Term Debt Total | 1.9B | 2.6B | 2.2B | 3.0B | 3.0B | 1.8B | |
Property Plant And Equipment Net | 1.2B | 1.3B | 1.6B | 2.0B | 2.2B | 1.2B | |
Current Deferred Revenue | 71.8M | 72.4M | 247.9M | 85.3M | 89.9M | 85.4M | |
Net Debt | 1.8B | 1.3B | 1.9B | 2.8B | 2.5B | 1.5B | |
Non Current Assets Total | 2.1B | 2.0B | 2.4B | 3.1B | 3.2B | 1.9B | |
Non Currrent Assets Other | 15.9M | 21.3M | 27.3M | 24.8M | 20.5M | 22.7M | |
Cash And Short Term Investments | 61.6M | 1.4B | 339.4M | 324.9M | 491.8M | 403.6M | |
Common Stock Shares Outstanding | 93.8M | 88.6M | 85.3M | 80.9M | 78.5M | 81.1M | |
Liabilities And Stockholders Equity | 3.8B | 4.9B | 5.0B | 6.5B | 6.8B | 4.0B | |
Non Current Liabilities Total | 2.5B | 3.2B | 2.5B | 3.4B | 3.5B | 2.3B | |
Property Plant And Equipment Gross | 1.2B | 1.3B | 2.9B | 3.5B | 3.9B | 4.1B |
Pair Trading with BRP
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 BRP 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 BRP will appreciate offsetting losses from the drop in the long position's value.Moving against BRP Stock
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The ability to find closely correlated positions to BRP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRP 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 BRP - 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 BRP Inc to buy it.
The correlation of BRP 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 BRP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRP Inc 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 BRP 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for BRP Stock analysis
When running BRP's price analysis, check to measure BRP'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 BRP is operating at the current time. Most of BRP's value examination focuses on studying past and present price action to predict the probability of BRP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRP's price. Additionally, you may evaluate how the addition of BRP to your portfolios can decrease your overall portfolio volatility.
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Is BRP'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 BRP. If investors know BRP 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 BRP 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 (0.46) | Dividend Share 0.72 | Earnings Share 6.91 | Revenue Per Share 134.346 | Quarterly Revenue Growth (0.12) |
The market value of BRP Inc is measured differently than its book value, which is the value of BRP that is recorded on the company's balance sheet. Investors also form their own opinion of BRP's value that differs from its market value or its book value, called intrinsic value, which is BRP'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 BRP's market value can be influenced by many factors that don't directly affect BRP'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 BRP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRP'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.