Brookfield Operating Income vs Other Operating Expenses Analysis

BEPC Stock

CAD 42.31 0.90 2.17%

Brookfield Renewable financial indicator trend analysis is way more than just evaluating Brookfield Renewable Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Renewable Corp is a good investment. Please check the relationship between Brookfield Renewable Operating Income and its Other Operating Expenses accounts. 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.

Operating Income vs Other Operating Expenses

Operating Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Renewable Corp Operating Income account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Brookfield Renewable's Operating Income and Other Operating Expenses is 0.44. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Brookfield Renewable Corp, assuming nothing else is changed. The correlation between historical values of Brookfield Renewable's Operating Income 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 Operating Income of Brookfield Renewable Corp 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 Operating Income i.e., Brookfield Renewable's Operating Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Brookfield Renewable Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Brookfield Renewable Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Brookfield Renewable Corp. It is also known as Brookfield Renewable 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 Renewable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Issuance Of Capital Stock is likely to grow to about 263.6 M, while Tax Provision is likely to drop about 55.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.2B	2.6B	2.5B	2.1B
Total Revenue	3.4B	3.8B	4.0B	3.2B

Gross Profit Total Revenue

Brookfield Renewable fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment
Common Stock Shares Outstanding		-0.88	-0.89	-0.53	-0.78	-0.2	-0.91	-0.33	-0.87	-0.88	-0.77	-0.9	-0.87	-0.38	-0.8	-0.9	-0.93	-0.46	-0.93	0.58	0.5	-0.93	-0.9	-0.91	0.99	-0.89
Total Assets	-0.88		1.0	0.52	0.79	0.58	0.98	0.64	1.0	1.0	0.61	0.93	1.0	0.51	0.81	0.93	0.92	0.39	0.98	-0.16	-0.29	0.99	0.94	0.95	-0.84	0.98
Short Long Term Debt Total	-0.89	1.0		0.48	0.78	0.54	0.98	0.65	0.99	1.0	0.63	0.95	1.0	0.49	0.81	0.95	0.92	0.43	0.99	-0.19	-0.3	0.99	0.94	0.94	-0.85	0.99
Other Current Liab	-0.53	0.52	0.48		0.72	0.24	0.53	0.33	0.52	0.5	0.08	0.38	0.51	0.7	0.56	0.38	0.49	-0.22	0.5	-0.02	-0.66	0.54	0.52	0.65	-0.5	0.5
Total Current Liabilities	-0.78	0.79	0.78	0.72		0.4	0.77	0.5	0.78	0.78	0.21	0.7	0.78	0.86	0.93	0.7	0.74	0.22	0.76	-0.32	-0.51	0.8	0.8	0.83	-0.76	0.75
Total Stockholder Equity	-0.2	0.58	0.54	0.24	0.4		0.45	0.78	0.58	0.56	-0.05	0.47	0.58	0.42	0.49	0.47	0.45	0.27	0.44	0.47	0.01	0.44	0.53	0.47	-0.1	0.45
Other Liab	-0.91	0.98	0.98	0.53	0.77	0.45		0.65	0.97	0.99	0.65	0.95	0.97	0.46	0.81	0.95	0.94	0.41	0.98	-0.23	-0.42	0.99	0.96	0.97	-0.88	0.99
Net Tangible Assets	-0.33	0.64	0.65	0.33	0.5	0.78	0.65		0.63	0.67	0.01	0.65	0.64	0.47	0.66	0.65	0.59	0.39	0.53	0.37	-0.34	0.56	0.68	0.63	-0.26	0.64
Property Plant And Equipment Net	-0.87	1.0	0.99	0.52	0.78	0.58	0.97	0.63		0.99	0.61	0.92	1.0	0.51	0.79	0.92	0.91	0.37	0.98	-0.15	-0.27	0.98	0.93	0.94	-0.83	0.97
Net Debt	-0.88	1.0	1.0	0.5	0.78	0.56	0.99	0.67	0.99		0.61	0.94	1.0	0.5	0.82	0.94	0.92	0.42	0.98	-0.16	-0.32	0.99	0.95	0.95	-0.84	0.99
Accounts Payable	-0.77	0.61	0.63	0.08	0.21	-0.05	0.65	0.01	0.61	0.61		0.71	0.61	-0.26	0.3	0.71	0.7	0.49	0.72	-0.52	-0.18	0.67	0.59	0.57	-0.78	0.65
Cash	-0.9	0.93	0.95	0.38	0.7	0.47	0.95	0.65	0.92	0.94	0.71		0.92	0.31	0.84	1.0	0.97	0.67	0.94	-0.33	-0.46	0.93	0.96	0.91	-0.87	0.94
Non Current Assets Total	-0.87	1.0	1.0	0.51	0.78	0.58	0.97	0.64	1.0	1.0	0.61	0.92		0.51	0.8	0.92	0.91	0.38	0.98	-0.15	-0.28	0.98	0.94	0.95	-0.83	0.97
Non Currrent Assets Other	-0.38	0.51	0.49	0.7	0.86	0.42	0.46	0.47	0.51	0.5	-0.26	0.31	0.51		0.69	0.31	0.33	-0.17	0.42	0.05	-0.28	0.48	0.45	0.53	-0.35	0.46
Other Assets	-0.8	0.81	0.81	0.56	0.93	0.49	0.81	0.66	0.79	0.82	0.3	0.84	0.8	0.69		0.84	0.85	0.55	0.77	-0.36	-0.59	0.8	0.89	0.85	-0.77	0.79
Cash And Short Term Investments	-0.9	0.93	0.95	0.38	0.7	0.47	0.95	0.65	0.92	0.94	0.71	1.0	0.92	0.31	0.84		0.97	0.67	0.94	-0.33	-0.46	0.93	0.96	0.91	-0.87	0.94
Net Receivables	-0.93	0.92	0.92	0.49	0.74	0.45	0.94	0.59	0.91	0.92	0.7	0.97	0.91	0.33	0.85	0.97		0.6	0.93	-0.39	-0.55	0.93	0.98	0.95	-0.9	0.91
Good Will	-0.46	0.39	0.43	-0.22	0.22	0.27	0.41	0.39	0.37	0.42	0.49	0.67	0.38	-0.17	0.55	0.67	0.6		0.41	-0.43	-0.33	0.37	0.53	0.35	-0.45	0.4
Non Current Liabilities Total	-0.93	0.98	0.99	0.5	0.76	0.44	0.98	0.53	0.98	0.98	0.72	0.94	0.98	0.42	0.77	0.94	0.93	0.41		-0.27	-0.32	0.99	0.93	0.94	-0.91	0.98
Other Current Assets	0.58	-0.16	-0.19	-0.02	-0.32	0.47	-0.23	0.37	-0.15	-0.16	-0.52	-0.33	-0.15	0.05	-0.36	-0.33	-0.39	-0.43	-0.27		0.36	-0.28	-0.3	-0.27	0.63	-0.2
Other Stockholder Equity	0.5	-0.29	-0.3	-0.66	-0.51	0.01	-0.42	-0.34	-0.27	-0.32	-0.18	-0.46	-0.28	-0.28	-0.59	-0.46	-0.55	-0.33	-0.32	0.36		-0.35	-0.53	-0.52	0.49	-0.35
Total Liab	-0.93	0.99	0.99	0.54	0.8	0.44	0.99	0.56	0.98	0.99	0.67	0.93	0.98	0.48	0.8	0.93	0.93	0.37	0.99	-0.28	-0.35		0.95	0.96	-0.91	0.98
Total Current Assets	-0.9	0.94	0.94	0.52	0.8	0.53	0.96	0.68	0.93	0.95	0.59	0.96	0.94	0.45	0.89	0.96	0.98	0.53	0.93	-0.3	-0.53	0.95		0.98	-0.86	0.93
Short Term Debt	-0.91	0.95	0.94	0.65	0.83	0.47	0.97	0.63	0.94	0.95	0.57	0.91	0.95	0.53	0.85	0.91	0.95	0.35	0.94	-0.27	-0.52	0.96	0.98		-0.87	0.95
Common Stock	0.99	-0.84	-0.85	-0.5	-0.76	-0.1	-0.88	-0.26	-0.83	-0.84	-0.78	-0.87	-0.83	-0.35	-0.77	-0.87	-0.9	-0.45	-0.91	0.63	0.49	-0.91	-0.86	-0.87		-0.87
Property Plant Equipment	-0.89	0.98	0.99	0.5	0.75	0.45	0.99	0.64	0.97	0.99	0.65	0.94	0.97	0.46	0.79	0.94	0.91	0.4	0.98	-0.2	-0.35	0.98	0.93	0.95	-0.87

Click cells to compare fundamentals

Brookfield Renewable Account Relationship Matchups

Brookfield Renewable fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.8B	39.5B	42.0B	43.3B	49.4B	38.0B
Short Long Term Debt Total	12.3B	13.7B	13.5B	15.1B	16.6B	12.4B
Other Current Liab	125M	(916M)	6.4B	(1.3B)	5.2B	5.4B
Total Current Liabilities	1.4B	3.3B	3.1B	3.0B	8.3B	8.8B
Total Stockholder Equity	7.3B	1.2B	3.7B	5.9B	5.8B	5.3B
Other Liab	4.8B	5.5B	6.4B	6.5B	7.4B	4.8B
Net Tangible Assets	6.2B	(26M)	2.6B	4.9B	5.7B	3.1B
Property Plant And Equipment Net	32.6B	36.1B	37.9B	37.8B	44.0B	34.1B
Net Debt	12.0B	12.5B	13.1B	14.5B	16.1B	11.9B
Accounts Payable	118M	3.3B	3.1B	3.0B	184M	174.8M
Cash	304M	355M	410M	642M	441M	364.7M
Non Current Assets Total	34.4B	37.8B	39.6B	40.1B	46.1B	35.9B
Non Currrent Assets Other	193M	79M	57M	(70M)	478M	501.9M
Other Assets	197M	217M	241M	652M	749.8M	787.3M
Cash And Short Term Investments	304M	355M	410M	642M	441M	364.7M
Net Receivables	720M	1.3B	2.0B	2.6B	2.1B	1.5B
Good Will	949M	970M	849M	1.8B	854M	1.1B
Liabilities And Stockholders Equity	35.8B	39.5B	42.0B	43.3B	49.4B	38.0B
Non Current Liabilities Total	16.5B	24.5B	24.7B	23.4B	24.0B	19.6B
Other Current Assets	137M	45M	83M	53M	76M	65.9M
Other Stockholder Equity	5.9B	7.0B	(4.8B)	(3.2B)	(3.5B)	(3.3B)
Total Liab	17.9B	27.7B	27.8B	26.5B	32.3B	22.8B
Total Current Assets	1.4B	1.7B	2.4B	3.2B	3.3B	2.1B
Accumulated Other Comprehensive Income	5.9B	7.0B	8.5B	9.1B	9.3B	7.3B
Short Term Debt	623M	916M	1.5B	1.3B	1.9B	1.1B
Common Stock	2.0B	1.5B	(5.8B)	(4.8B)	(4.4B)	(4.1B)
Property Plant Equipment	32.6B	36.1B	37.9B	37.8B	43.5B	29.4B
Current Deferred Revenue	558M	(8.5B)	(7.9B)	1.1B	960.3M	1.0B
Long Term Debt	5.5B	12.8B	13.5B	13.8B	14.2B	11.9B
Capital Lease Obligations	66M	392M	371M	364M	501M	310.6M
Inventory	202M	22M	20M	18M	65M	57.6M
Net Invested Capital	13.4B	14.0B	17.2B	19.7B	21.9B	18.2B
Long Term Investments	348M	372M	455M	451M	644M	469.5M
Short Long Term Debt	156M	886M	1.5B	1.3B	1.9B	1.1B
Non Current Liabilities Other	44M	7.4B	6.2B	4.4B	94M	89.3M
Net Working Capital	132M	(8.4B)	(700M)	187M	(5.0B)	(4.8B)

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.

Pair Correlation Correlation Matching

When determining whether Brookfield Renewable Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookfield Renewable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brookfield Renewable Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brookfield Renewable Corp Stock:

How To Invest In Brookfield

Details

Is Brookfield Stock a good investment?

Details

What is Brookfield Renewable's Net Worth?

Details

Largest Independent Power and Renewable Electricity Producers Companies

View

Largest Utilities - Renewable Companies

View

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 Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Please note, there is a significant difference between Brookfield Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Renewable'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Brookfield Operating Income vs Other Operating Expenses Analysis

Operating Income vs Other Operating Expenses

Operating Income vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Operating Income

Other Operating Expenses

Brookfield Renewable fundamental ratios Correlations

Brookfield Renewable Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Brookfield Renewable fundamental ratios Accounts

Pair Trading with Brookfield Renewable

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total

Total Liab	- 0.93	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.93	Common Stock Shares Outstanding
Net Receivables	- 0.93	Common Stock Shares Outstanding
Common Stock	- 0.91	Total Liab
Common Stock	- 0.91	Non Current Liabilities Total
Short Term Debt	- 0.91	Common Stock Shares Outstanding