Brookfield Net Tangible Assets vs Non Current Assets Total Analysis

BEPC Stock  USD 31.92  0.41  1.27%   
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 Net Tangible Assets and its Non Current Assets Total 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 american community survey.

Net Tangible Assets vs Non Current Assets Total

Net Tangible Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Renewable Corp Net Tangible Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brookfield Renewable's Net Tangible Assets and Non Current Assets Total is 0.65. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Non Current Assets Total 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 Net Tangible Assets 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 Net Tangible Assets of Brookfield Renewable Corp 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 Net Tangible Assets i.e., Brookfield Renewable's Net Tangible Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 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 american community survey.
At present, Brookfield Renewable's Issuance Of Capital Stock 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 forecasted to decline to about 60.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense900M1.0B1.3B823.8M
Depreciation And Amortization1.4B1.5B1.3B1.1B

Brookfield Renewable fundamental ratios Correlations

0.70.790.710.970.651.01.00.580.931.00.950.840.940.920.39-0.780.990.770.730.990.940.170.980.97-0.47
0.70.990.360.710.40.690.670.960.610.690.60.880.710.820.17-0.740.670.480.670.730.720.230.670.75-0.17
0.790.990.490.780.510.780.770.950.70.780.70.930.790.870.22-0.750.750.560.740.80.80.290.750.83-0.2
0.710.360.490.60.780.710.720.410.590.710.830.560.60.630.3-0.230.610.510.740.580.640.420.580.60.09
0.970.710.780.60.680.960.970.590.950.970.850.860.980.930.45-0.790.960.790.630.980.960.150.990.99-0.42
0.650.40.510.780.680.650.670.50.660.650.590.660.70.680.38-0.20.550.570.430.570.690.620.650.690.24
1.00.690.780.710.960.651.00.570.921.00.950.830.930.910.37-0.770.990.750.730.980.930.150.970.97-0.48
1.00.670.770.720.970.671.00.560.931.00.950.830.940.910.41-0.760.980.770.710.980.940.160.980.97-0.46
0.580.960.950.410.590.50.570.560.490.580.50.840.620.750.12-0.550.520.380.630.580.630.390.550.650.08
0.930.610.70.590.950.660.920.930.490.920.820.870.980.840.67-0.810.940.930.650.930.960.260.940.95-0.39
1.00.690.780.710.970.651.01.00.580.920.950.830.930.910.38-0.770.990.750.730.980.940.160.970.97-0.48
0.950.60.70.830.850.590.950.950.50.820.950.730.810.810.32-0.650.920.650.790.90.830.110.870.86-0.43
0.840.880.930.560.860.660.830.830.840.870.830.730.910.890.52-0.80.810.810.760.850.920.460.830.9-0.16
0.940.710.790.60.980.70.930.940.620.980.930.810.910.930.57-0.820.930.890.690.950.990.30.950.97-0.33
0.920.820.870.630.930.680.910.910.750.840.910.810.890.930.28-0.780.880.720.760.920.950.30.90.92-0.3
0.390.170.220.30.450.380.370.410.120.670.380.320.520.570.28-0.440.40.820.350.370.530.260.40.460.08
-0.78-0.74-0.75-0.23-0.79-0.2-0.77-0.76-0.55-0.81-0.77-0.65-0.8-0.82-0.78-0.44-0.83-0.78-0.68-0.85-0.84-0.08-0.78-0.80.61
0.990.670.750.610.960.550.990.980.520.940.990.920.810.930.880.4-0.830.770.680.990.920.080.980.96-0.59
0.770.480.560.510.790.570.750.770.380.930.750.650.810.890.720.82-0.780.770.670.770.890.410.760.8-0.25
0.730.670.740.740.630.430.730.710.630.650.730.790.760.690.760.35-0.680.680.670.690.760.380.590.64-0.14
0.990.730.80.580.980.570.980.980.580.930.980.90.850.950.920.37-0.850.990.770.690.950.110.980.98-0.56
0.940.720.80.640.960.690.930.940.630.960.940.830.920.990.950.53-0.840.920.890.760.950.360.930.96-0.33
0.170.230.290.420.150.620.150.160.390.260.160.110.460.30.30.26-0.080.080.410.380.110.360.140.220.44
0.980.670.750.580.990.650.970.980.550.940.970.870.830.950.90.4-0.780.980.760.590.980.930.140.99-0.52
0.970.750.830.60.990.690.970.970.650.950.970.860.90.970.920.46-0.80.960.80.640.980.960.220.99-0.42
-0.47-0.17-0.20.09-0.420.24-0.48-0.460.08-0.39-0.48-0.43-0.16-0.33-0.30.080.61-0.59-0.25-0.14-0.56-0.330.44-0.52-0.42
Click cells to compare fundamentals

Brookfield Renewable Account Relationship Matchups

Brookfield Renewable fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.8B39.5B42.0B43.3B49.4B38.0B
Other Current Liab125M2.4B1.5B1.5B5.7B6.0B
Total Current Liabilities1.4B3.3B3.1B3.0B8.3B8.8B
Total Stockholder Equity7.3B1.2B3.7B5.9B5.8B5.1B
Other Liab4.8B5.5B5.0B6.5B7.4B4.6B
Net Tangible Assets6.2B(26M)2.8B4.9B5.7B3.2B
Property Plant And Equipment Net32.6B36.1B37.9B37.8B44.0B34.1B
Net Debt12.0B12.5B13.1B14.5B16.1B11.6B
Accounts Payable60M118M114M154M640M672M
Cash304M355M410M642M441M364.7M
Non Current Assets Total34.4B37.8B39.6B40.1B46.1B35.9B
Non Currrent Assets Other193M177M57M(70M)478M501.9M
Other Assets197M217M401M652M749.8M787.3M
Cash And Short Term Investments304M355M410M642M627M394.0M
Net Receivables720M883M1.1B1.1B1.9B1.0B
Good Will949M970M849M1.8B854M1.1B
Common Stock Shares Outstanding361.9M172.2M172.2M172.2M179.7M190.9M
Non Current Liabilities Total16.5B24.5B24.7B23.4B24.0B19.4B
Other Current Assets137M324M741M1.6B676M571.7M
Other Stockholder Equity(1.5B)1.2B3.7B5.9B6.8B7.1B
Total Liab17.9B27.7B27.8B26.5B32.3B22.8B
Total Current Assets1.4B1.7B2.4B3.2B3.3B2.1B
Common Stock1.1B1.5B(5.8B)3.7B3.3B3.5B
Property Plant Equipment32.6B36.1B37.9B37.8B43.5B29.4B
Short Long Term Debt Total12.3B12.8B13.5B15.1B16.6B13.9B
Current Deferred Revenue558M(8.5B)(7.9B)51M45.9M48.2M
Long Term Debt5.5B12.8B13.5B13.8B14.2B11.9B
Liabilities And Stockholders Equity35.8B39.5B42.0B43.3B49.4B42.8B
Capital Lease Obligations66M392M371M364M501M310.6M
Inventory202M22M20M18M65M57.6M
Net Invested Capital13.4B14.0B17.2B19.7B21.9B18.2B
Long Term Investments348M372M455M451M644M469.5M
Property Plant And Equipment Gross22.3B36.1B37.9B37.8B44.0B36.6B
Short Long Term Debt156M886M1.5B1.3B1.9B1.1B
Non Current Liabilities Other44M7.4B6.2B4.4B94M89.3M
Net Working Capital132M(8.4B)(700M)187M(5.0B)(4.8B)
Short Term Debt623M805M1.5B1.3B1.9B1.2B

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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:
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Is Independent Power and Renewable Electricity Producers space 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 Brookfield Renewable. If investors know Brookfield 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 Brookfield Renewable 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
1.735
Dividend Share
1.42
Earnings Share
(7.08)
Revenue Per Share
12.708
Quarterly Revenue Growth
0.04
The market value of Brookfield Renewable Corp is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Renewable's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Renewable'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 Brookfield Renewable's market value can be influenced by many factors that don't directly affect Brookfield Renewable'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 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.