BF-A Stock | | | USD 40.89 0.72 1.73% |
Brown Forman financial indicator trend analysis is way more than just evaluating Brown Forman prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brown Forman is a good investment. Please check the relationship between Brown Forman Retained Earnings and its Short Long Term Debt Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brown Forman. 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.
Retained Earnings vs Short Long Term Debt Total
Retained Earnings vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brown Forman Retained Earnings account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Brown Forman's Retained Earnings and Short Long Term Debt Total is 0.49. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Brown Forman, assuming nothing else is changed. The correlation between historical values of Brown Forman's Retained Earnings and Short Long Term Debt 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 Retained Earnings of Brown Forman are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Retained Earnings i.e., Brown Forman's Retained Earnings and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Short Long Term Debt Total
Most indicators from Brown Forman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brown Forman 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 Brown Forman. 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 present, Brown Forman's
Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's
Enterprise Value is expected to grow to about 32
B, whereas
Selling General Administrative is forecasted to decline to about 678.2
M.
Brown Forman fundamental ratios Correlations
Click cells to compare fundamentals
Brown Forman Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brown Forman fundamental ratios Accounts
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Other Information on Investing in Brown Stock
Balance Sheet is a snapshot of the
financial position of Brown Forman at a specified time, usually calculated after every quarter, six months, or one year. Brown Forman Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brown Forman 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 Brown currently owns. An asset can also be divided into two categories, current and non-current.