Brookfield Historical Financial Ratios
BEPC Stock | CAD 43.48 1.13 2.53% |
Brookfield Renewable is presently reporting on over 90 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0234, PTB Ratio of 0.85 or Days Sales Outstanding of 186 will help investors to properly organize and evaluate Brookfield Renewable Corp financial condition quickly.
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About Brookfield Financial Ratios Analysis
Brookfield Renewable CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Brookfield Renewable investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Brookfield financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Brookfield Renewable history.
Brookfield Renewable Financial Ratios Chart
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Dividend Yield
Dividend Yield is Brookfield Renewable Corp dividend as a percentage of Brookfield Renewable stock price. Brookfield Renewable Corp dividend yield is a measure of Brookfield Renewable stock productivity, which can be interpreted as interest rate earned on an Brookfield Renewable investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Brookfield Renewable Corp. There are two different methods for calculating Brookfield Renewable Corp invested capital: operating approach and financing approach. Understanding Brookfield Renewable invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most ratios from Brookfield Renewable's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Brookfield Renewable Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Renewable Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Brookfield Renewable's Capex To Operating Cash Flow is very stable compared to the past year. As of the 4th of December 2024, PFCF Ratio is likely to grow to 12.25, while Price To Sales Ratio is likely to drop 1.24.
2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0214 | 0.0246 | 0.0234 | Price To Sales Ratio | 1.88 | 1.3 | 1.24 |
Brookfield Renewable fundamentals Correlations
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Brookfield Renewable Account Relationship Matchups
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Brookfield Renewable fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 2.71 | 3.25 | 1.88 | 1.26 | 1.3 | 1.24 | |
Dividend Yield | 0.0566 | 0.0953 | 0.0314 | 0.0214 | 0.0246 | 0.0234 | |
Ptb Ratio | 1.19 | 8.52 | 1.73 | 0.81 | 0.89 | 0.85 | |
Days Sales Outstanding | 71.85 | 104.4 | 113.83 | 108.3 | 177.58 | 186.46 | |
Book Value Per Share | 58.35 | 68.1 | 82.61 | 97.69 | 95.35 | 53.15 | |
Operating Cash Flow Per Share | 4.43 | 5.76 | 2.29 | 7.46 | 8.92 | 9.37 | |
Capex To Depreciation | 0.41 | 0.35 | 1.21 | 0.72 | 0.77 | 0.45 | |
Pb Ratio | 1.19 | 8.52 | 1.73 | 0.81 | 0.89 | 0.85 | |
Ev To Sales | 6.43 | 7.29 | 5.77 | 5.09 | 5.37 | 4.57 | |
Free Cash Flow Per Share | 3.1 | 3.6 | (5.57) | 2.54 | 3.2 | 1.73 | |
Roic | 0.0384 | (0.15) | 0.1 | 0.15 | 0.0116 | 0.011 | |
Inventory Turnover | 5.21 | 48.23 | 59.25 | 65.22 | 58.31 | 32.83 | |
Net Income Per Share | 0.54 | (16.37) | 5.49 | 8.73 | (1.01) | (0.96) | |
Days Of Inventory On Hand | 70.02 | 7.57 | 6.16 | 5.6 | 6.26 | 5.95 | |
Payables Turnover | 8.92 | 9.31 | 10.04 | 7.62 | 5.92 | 10.81 | |
Sales General And Administrative To Revenue | 0.0338 | 0.0492 | 0.052 | 0.0447 | 0.0222 | 0.0274 | |
Capex To Revenue | 0.13 | 0.12 | 0.4 | 0.22 | 0.26 | 0.14 | |
Cash Per Share | 1.13 | 2.06 | 2.38 | 3.73 | 3.49 | 3.66 | |
Pocfratio | 6.45 | 10.11 | 16.06 | 3.69 | 3.23 | 3.07 | |
Interest Coverage | 1.39 | (2.63) | 2.16 | 2.97 | 0.25 | 0.24 | |
Payout Ratio | 6.88 | 5.05 | (0.11) | 0.0676 | 0.0608 | 0.0638 | |
Capex To Operating Cash Flow | 0.3 | 0.38 | 3.43 | 0.66 | 0.64 | 0.68 | |
Pfcf Ratio | 9.21 | 16.21 | (6.61) | 10.85 | 9.0 | 12.25 | |
Days Payables Outstanding | 40.9 | 39.22 | 36.35 | 47.88 | 61.64 | 32.62 | |
Income Quality | 6.4 | (0.35) | 0.42 | 0.69 | (6.56) | (6.23) | |
Roe | 0.009371 | 0.0225 | (2.4) | 0.26 | (0.0313) | (0.0328) | |
Ev To Operating Cash Flow | 15.3 | 22.68 | 49.23 | 14.99 | 13.29 | 16.94 | |
Pe Ratio | 53.02 | (3.56) | 6.7 | 3.16 | (28.58) | (30.0) | |
Return On Tangible Assets | 0.004773 | (0.0732) | 0.023 | 0.0362 | (0.003727) | (0.003541) | |
Ev To Free Cash Flow | 21.84 | 36.35 | (20.28) | 44.03 | 37.05 | 19.5 | |
Earnings Yield | 0.0189 | (0.28) | 0.15 | 0.32 | (0.035) | (0.0332) | |
Intangibles To Total Assets | 0.0333 | 0.0246 | 0.0202 | 0.0416 | 0.0174 | 0.0166 | |
Net Debt To E B I T D A | 4.64 | (9.23) | 3.45 | 2.67 | 5.38 | 5.65 | |
Current Ratio | 0.96 | 0.5 | 0.77 | 1.06 | 0.4 | 0.38 | |
Tangible Book Value Per Share | 54.47 | 62.46 | 77.68 | 87.24 | 90.55 | 49.11 | |
Receivables Turnover | 5.08 | 3.5 | 3.21 | 3.37 | 2.06 | 1.95 | |
Graham Number | 17.05 | 50.18 | 51.3 | 81.83 | 27.02 | 27.52 | |
Shareholders Equity Per Share | 23.99 | 6.84 | 21.29 | 34.1 | 32.21 | 17.3 | |
Debt To Equity | 1.63 | 10.89 | 3.68 | 2.34 | 2.78 | 2.62 |
Pair Trading with Brookfield Renewable
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 Renewable 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 Renewable will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Brookfield Renewable 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 Renewable 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 Renewable - 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 Renewable Corp to buy it.
The correlation of Brookfield Renewable 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 Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Renewable Corp 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 Renewable 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 Brookfield Renewable Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.