Brookfield Total Other Income Expense Net vs Other Operating Expenses Analysis

BBU-UN Stock  CAD 36.35  0.07  0.19%   
Brookfield Business financial indicator trend analysis is way more than just evaluating Brookfield Business prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Business is a good investment. Please check the relationship between Brookfield Business Total Other Income Expense Net and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Business Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Total Other Income Expense Net vs Other Operating Expenses

Total Other Income Expense Net vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Business Total Other Income Expense Net account and Other Operating Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Brookfield Business' Total Other Income Expense Net and Other Operating Expenses is 0.17. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Brookfield Business Partners, assuming nothing else is changed. The correlation between historical values of Brookfield Business' Total Other Income Expense Net and Other Operating Expenses 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 Other Income Expense Net of Brookfield Business Partners are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Other Income Expense Net i.e., Brookfield Business' Total Other Income Expense Net and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Other Income Expense Net

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Brookfield Business. It is also known as Brookfield Business overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Brookfield Business' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Business 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 Brookfield Business Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Brookfield Business' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.03, whereas Tax Provision is projected to grow to (52.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense1.5B2.5B2.9B3.1B
Depreciation And Amortization2.3B3.2B3.6B3.8B

Brookfield Business fundamental ratios Correlations

0.860.90.490.580.120.84-0.890.63-0.130.90.710.670.880.890.980.870.70.620.920.410.630.510.61-0.670.85
0.860.990.650.670.580.98-0.990.920.340.990.940.91.00.60.930.990.880.890.970.770.920.870.9-0.81.0
0.90.990.640.680.530.96-1.00.870.251.00.910.861.00.640.961.00.840.850.990.710.90.820.85-0.810.99
0.490.650.640.80.510.54-0.670.640.340.640.690.610.630.310.570.630.620.740.640.420.670.660.56-0.390.64
0.580.670.680.80.470.58-0.70.650.290.680.680.640.660.370.650.680.650.750.660.350.680.630.62-0.360.67
0.120.580.530.510.470.54-0.530.740.810.520.70.690.55-0.280.30.570.60.770.450.850.80.890.77-0.40.6
0.840.980.960.540.580.54-0.950.920.350.960.920.910.980.620.90.970.890.870.920.780.90.850.9-0.790.98
-0.89-0.99-1.0-0.67-0.7-0.53-0.95-0.87-0.23-1.0-0.91-0.86-0.99-0.63-0.96-0.99-0.85-0.85-0.99-0.71-0.9-0.82-0.850.8-0.98
0.630.920.870.640.650.740.92-0.870.60.870.980.960.90.340.720.890.910.940.80.840.980.950.97-0.740.92
-0.130.340.250.340.290.810.35-0.230.60.240.480.560.29-0.380.010.290.450.630.130.610.580.720.66-0.090.36
0.90.991.00.640.680.520.96-1.00.870.240.90.850.990.630.961.00.830.840.990.70.890.820.85-0.820.99
0.710.940.910.690.680.70.92-0.910.980.480.90.960.920.420.790.920.950.940.860.820.970.920.94-0.740.94
0.670.90.860.610.640.690.91-0.860.960.560.850.960.880.420.750.870.980.960.790.810.930.90.97-0.590.9
0.881.01.00.630.660.550.98-0.990.90.290.990.920.880.620.941.00.860.860.980.750.910.850.88-0.821.0
0.890.60.640.310.37-0.280.62-0.630.34-0.380.630.420.420.620.80.60.490.340.680.080.290.160.31-0.430.58
0.980.930.960.570.650.30.9-0.960.720.010.960.790.750.940.80.940.770.720.980.540.750.640.72-0.730.92
0.870.991.00.630.680.570.97-0.990.890.291.00.920.871.00.60.940.850.860.980.740.920.850.87-0.820.99
0.70.880.840.620.650.60.89-0.850.910.450.830.950.980.860.490.770.850.940.790.790.880.840.92-0.550.88
0.620.890.850.740.750.770.87-0.850.940.630.840.940.960.860.340.720.860.940.780.820.930.940.95-0.530.89
0.920.970.990.640.660.450.92-0.990.80.130.990.860.790.980.680.980.980.790.780.650.840.750.78-0.820.96
0.410.770.710.420.350.850.78-0.710.840.610.70.820.810.750.080.540.740.790.820.650.850.910.85-0.60.78
0.630.920.90.670.680.80.9-0.90.980.580.890.970.930.910.290.750.920.880.930.840.850.970.96-0.750.93
0.510.870.820.660.630.890.85-0.820.950.720.820.920.90.850.160.640.850.840.940.750.910.970.95-0.650.88
0.610.90.850.560.620.770.9-0.850.970.660.850.940.970.880.310.720.870.920.950.780.850.960.95-0.620.9
-0.67-0.8-0.81-0.39-0.36-0.4-0.790.8-0.74-0.09-0.82-0.74-0.59-0.82-0.43-0.73-0.82-0.55-0.53-0.82-0.6-0.75-0.65-0.62-0.8
0.851.00.990.640.670.60.98-0.980.920.360.990.940.91.00.580.920.990.880.890.960.780.930.880.9-0.8
Click cells to compare fundamentals

Brookfield Business Account Relationship Matchups

Brookfield Business fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding69.4M80.2M78.3M148M216.9M227.8M
Total Assets51.8B54.7B64.2B89.5B82.4B86.5B
Short Long Term Debt Total22.4B23.8B29.1B50.8B45.5B47.8B
Other Current Liab6.7B(3.2B)7.1B7.9B6.5B3.6B
Total Current Liabilities16.5B610M1.6B17.0B14.4B7.3B
Total Stockholder Equity11.1B11.3B13B18.5B1.9B1.8B
Other Liab5.6B8.1B7.3B8.3B9.6B10.1B
Net Tangible Assets(14.7B)(14.6B)(21.1B)(38.0B)(34.2B)(32.5B)
Property Plant And Equipment Net13.9B14.0B15.3B15.9B15.7B9.1B
Current Deferred Revenue1.4B1.5B1.4B1.2B(64M)(60.8M)
Net Debt20.4B21.0B26.5B47.9B42.3B44.4B
Accounts Payable2.9B3.0B3.7B4.1B4.2B2.5B
Cash2.0B2.7B2.6B2.9B3.3B1.8B
Non Current Assets Total38.9B41.7B49.6B71.6B67.5B70.9B
Non Currrent Assets Other201M272M297M245M9.7B10.1B
Other Assets2.5B3.2B3.4B8.9B10.2B10.7B
Long Term Debt21.3B23.2B27.5B46.7B39.5B41.5B
Cash And Short Term Investments2.0B2.7B2.6B2.9B3.8B2.0B
Net Receivables5.3B4.8B5.4B6.9B5.8B4.2B
Good Will5.2B5.2B8.6B15.5B14.1B14.8B
Short Term Investments734M1.4B1.4B1.4B587M740.4M
Liabilities And Stockholders Equity51.8B54.7B64.2B89.5B63.9B39.2B
Non Current Liabilities Total40.7B42.8B51.2B71.0B49.5B28.5B
Inventory5.3B5.3B6.4B7.7B3.7B3.4B
Other Current Assets1.3B1.9B1.5B2.0B1.6B1.1B
Other Stockholder Equity(217M)(235M)(2.3B)(2.2B)(2.0B)(1.9B)
Total Liab40.7B43.4B51.2B71.0B63.9B67.0B
Long Term Investments5.8B10.5B10.0B15.0B7.1B5.1B
Short Long Term Debt1.1B610M1.6B3.8B3.3B3.5B
Total Current Assets12.9B13.0B14.6B17.9B14.9B10.1B
Short Term Debt1.4B832M3.2B4.7B3.6B3.8B
Intangible Assets11.6B11.3B14.8B24.0B20.8B21.9B
Common Stock2.3B2.3B2.2B2.1B2.1B2.1B
Property Plant Equipment13.9B14.0B15.3B15.9B18.3B19.2B
Retained Earnings(217M)(235M)63M97M549M576.5M
Net Invested Capital24.5B25.7B31.3B48.1B44.7B30.1B
Net Working Capital1.8B2.4B13.0B1.4B530M503.5M

Pair Trading with Brookfield Business

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 Brookfield Business 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 Brookfield Business will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brookfield Stock

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The ability to find closely correlated positions to Brookfield Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Business 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 Brookfield Business - 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 Brookfield Business Partners to buy it.
The correlation of Brookfield Business 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 Brookfield Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Business 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 Brookfield Business 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
When determining whether Brookfield Business is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Brookfield Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Brookfield Business Partners Stock. Highlighted below are key reports to facilitate an investment decision about Brookfield Business Partners Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Business Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Please note, there is a significant difference between Brookfield Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Business' 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.