Brookfield Net Income vs Capital Expenditures Analysis

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CAD 48.78 0.78 1.63%

Brookfield Infrastructure financial indicator trend analysis is way more than just evaluating Brookfield Infrastructure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Infrastructure is a good investment. Please check the relationship between Brookfield Infrastructure Net Income and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Infrastructure 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.

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Infrastructure Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Brookfield Infrastructure's Net Income and Capital Expenditures is 0.48. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Brookfield Infrastructure Partners, assuming nothing else is changed. The correlation between historical values of Brookfield Infrastructure's Net Income and Capital Expenditures 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 Income of Brookfield Infrastructure Partners are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Brookfield Infrastructure's Net Income and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Brookfield Infrastructure financial statement analysis. It represents the amount of money remaining after all of Brookfield Infrastructure Partners operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Capital Expenditures

Capital Expenditures are funds used by Brookfield Infrastructure to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Brookfield Infrastructure operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Brookfield Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Infrastructure 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 Infrastructure 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 Infrastructure's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.30, whereas Selling General Administrative is forecasted to decline to about 268.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	1.5B	1.9B	2.5B	2.6B
Depreciation And Amortization	2.0B	2.2B	2.7B	2.9B

Interest Expense Depreciation And Amortization

Brookfield Infrastructure fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Accounts Payable	Other Stockholder Equity	Current Deferred Revenue	Good Will	Inventory	Other Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.93	0.99	0.53	0.99	-0.97	0.95	1.0	0.63	0.92	0.98	0.63	0.99	1.0	0.77	0.79	0.99	0.99	0.98	-0.08	0.52	0.98	0.95	0.26	0.95	0.8
Other Current Liab	0.93		0.93	0.72	0.88	-0.91	0.91	0.94	0.39	0.78	0.89	0.65	0.96	0.92	0.55	0.82	0.88	0.93	0.93	-0.17	0.58	0.91	0.91	0.43	0.83	0.87
Total Current Liabilities	0.99	0.93		0.49	0.99	-0.96	0.97	0.99	0.65	0.93	0.98	0.55	0.98	0.99	0.79	0.73	0.99	0.99	0.99	-0.16	0.45	0.99	0.97	0.3	0.97	0.76
Total Stockholder Equity	0.53	0.72	0.49		0.42	-0.58	0.51	0.58	-0.28	0.23	0.41	0.73	0.63	0.51	-0.1	0.78	0.42	0.55	0.54	0.09	0.78	0.44	0.53	0.26	0.3	0.74
Net Debt	0.99	0.88	0.99	0.42		-0.96	0.94	0.98	0.71	0.95	0.99	0.56	0.97	0.99	0.84	0.73	1.0	0.98	0.97	-0.08	0.45	0.99	0.95	0.24	0.98	0.73
Retained Earnings	-0.97	-0.91	-0.96	-0.58	-0.96		-0.93	-0.97	-0.51	-0.87	-0.95	-0.63	-0.98	-0.97	-0.71	-0.8	-0.96	-0.98	-0.97	0.08	-0.51	-0.95	-0.93	-0.29	-0.91	-0.81
Cash	0.95	0.91	0.97	0.51	0.94	-0.93		0.95	0.57	0.94	0.94	0.57	0.95	0.95	0.75	0.74	0.95	0.96	0.96	-0.11	0.45	0.94	0.94	0.24	0.94	0.73
Non Current Assets Total	1.0	0.94	0.99	0.58	0.98	-0.97	0.95		0.59	0.9	0.97	0.65	1.0	1.0	0.74	0.81	0.98	0.99	0.98	-0.08	0.55	0.98	0.95	0.27	0.94	0.82
Non Currrent Assets Other	0.63	0.39	0.65	-0.28	0.71	-0.51	0.57	0.59		0.77	0.72	0.03	0.53	0.64	0.91	0.17	0.71	0.6	0.59	-0.13	-0.08	0.69	0.6	0.01	0.78	0.22
Cash And Short Term Investments	0.92	0.78	0.93	0.23	0.95	-0.87	0.94	0.9	0.77		0.95	0.44	0.87	0.92	0.93	0.59	0.95	0.91	0.9	-0.06	0.28	0.94	0.87	0.17	0.96	0.61
Net Receivables	0.98	0.89	0.98	0.41	0.99	-0.95	0.94	0.97	0.72	0.95		0.53	0.96	0.98	0.85	0.71	0.99	0.96	0.95	-0.07	0.41	0.99	0.94	0.3	0.97	0.75
Common Stock Shares Outstanding	0.63	0.65	0.55	0.73	0.56	-0.63	0.57	0.65	0.03	0.44	0.53		0.66	0.61	0.23	0.95	0.56	0.61	0.58	0.33	0.92	0.5	0.52	-0.07	0.4	0.75
Non Current Liabilities Total	0.99	0.96	0.98	0.63	0.97	-0.98	0.95	1.0	0.53	0.87	0.96	0.66		0.99	0.69	0.83	0.97	0.99	0.99	-0.1	0.57	0.97	0.95	0.28	0.92	0.83
Total Liab	1.0	0.92	0.99	0.51	0.99	-0.97	0.95	1.0	0.64	0.92	0.98	0.61	0.99		0.79	0.77	0.99	0.99	0.99	-0.1	0.5	0.99	0.95	0.26	0.96	0.79
Total Current Assets	0.77	0.55	0.79	-0.1	0.84	-0.71	0.75	0.74	0.91	0.93	0.85	0.23	0.69	0.79		0.36	0.84	0.75	0.73	-0.07	0.07	0.81	0.7	0.1	0.88	0.37
Common Stock	0.79	0.82	0.73	0.78	0.73	-0.8	0.74	0.81	0.17	0.59	0.71	0.95	0.83	0.77	0.36		0.73	0.77	0.75	0.21	0.85	0.7	0.72	0.09	0.6	0.87
Short Long Term Debt Total	0.99	0.88	0.99	0.42	1.0	-0.96	0.95	0.98	0.71	0.95	0.99	0.56	0.97	0.99	0.84	0.73		0.98	0.97	-0.08	0.44	0.99	0.95	0.24	0.98	0.73
Property Plant And Equipment Net	0.99	0.93	0.99	0.55	0.98	-0.98	0.96	0.99	0.6	0.91	0.96	0.61	0.99	0.99	0.75	0.77	0.98		1.0	-0.15	0.51	0.97	0.96	0.24	0.95	0.77
Accounts Payable	0.98	0.93	0.99	0.54	0.97	-0.97	0.96	0.98	0.59	0.9	0.95	0.58	0.99	0.99	0.73	0.75	0.97	1.0		-0.2	0.49	0.97	0.96	0.26	0.95	0.76
Other Stockholder Equity	-0.08	-0.17	-0.16	0.09	-0.08	0.08	-0.11	-0.08	-0.13	-0.06	-0.07	0.33	-0.1	-0.1	-0.07	0.21	-0.08	-0.15	-0.2		0.25	-0.15	-0.15	-0.46	-0.15	0.11
Current Deferred Revenue	0.52	0.58	0.45	0.78	0.45	-0.51	0.45	0.55	-0.08	0.28	0.41	0.92	0.57	0.5	0.07	0.85	0.44	0.51	0.49	0.25		0.37	0.47	-0.08	0.28	0.58
Good Will	0.98	0.91	0.99	0.44	0.99	-0.95	0.94	0.98	0.69	0.94	0.99	0.5	0.97	0.99	0.81	0.7	0.99	0.97	0.97	-0.15	0.37		0.95	0.32	0.98	0.77
Inventory	0.95	0.91	0.97	0.53	0.95	-0.93	0.94	0.95	0.6	0.87	0.94	0.52	0.95	0.95	0.7	0.72	0.95	0.96	0.96	-0.15	0.47	0.95		0.29	0.94	0.74
Other Current Assets	0.26	0.43	0.3	0.26	0.24	-0.29	0.24	0.27	0.01	0.17	0.3	-0.07	0.28	0.26	0.1	0.09	0.24	0.24	0.26	-0.46	-0.08	0.32	0.29		0.25	0.36
Short Term Debt	0.95	0.83	0.97	0.3	0.98	-0.91	0.94	0.94	0.78	0.96	0.97	0.4	0.92	0.96	0.88	0.6	0.98	0.95	0.95	-0.15	0.28	0.98	0.94	0.25		0.65
Intangible Assets	0.8	0.87	0.76	0.74	0.73	-0.81	0.73	0.82	0.22	0.61	0.75	0.75	0.83	0.79	0.37	0.87	0.73	0.77	0.76	0.11	0.58	0.77	0.74	0.36	0.65

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Brookfield Infrastructure Account Relationship Matchups

Brookfield Infrastructure fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	56.3B	61.3B	74.0B	73.0B	100.8B	105.8B
Other Current Liab	2.9B	2.1B	3.2B	2.9B	2.9B	3.0B
Total Current Liabilities	5.4B	5.5B	8.7B	8.4B	11.7B	12.3B
Total Stockholder Equity	22.2B	21.7B	26.4B	25.6B	6.2B	10.9B
Net Debt	20.2B	22.3B	27.8B	32.5B	47.9B	50.3B
Retained Earnings	(1.4B)	(2.3B)	(2.1B)	(2.7B)	(3.2B)	(3.1B)
Cash	827M	867M	1.4B	1.3B	1.6B	1.7B
Non Current Assets Total	55.5B	60.5B	72.6B	71.7B	92.8B	97.4B
Non Currrent Assets Other	416M	269M	439M	465M	8.0B	8.4B
Cash And Short Term Investments	827M	867M	1.4B	1.3B	2.7B	2.8B
Net Receivables	1.7B	1.5B	1.9B	2.3B	3.7B	3.8B
Common Stock Shares Outstanding	428.4M	443.1M	479.3M	442.1M	459.4M	348.8M
Liabilities And Stockholders Equity	56.3B	61.3B	74.0B	73.0B	66.8B	70.1B
Non Current Liabilities Total	34.1B	39.7B	47.6B	47.4B	55.1B	57.8B
Total Liab	34.1B	39.7B	47.6B	47.4B	66.8B	70.1B
Total Current Assets	827M	867M	1.4B	1.3B	8.0B	8.4B
Common Stock	5.5B	5.5B	6.1B	6.1B	6.2B	4.8B
Short Long Term Debt Total	21.0B	23.2B	29.3B	33.8B	49.6B	52.1B
Property Plant And Equipment Net	23.0B	32.1B	39.3B	38.0B	48.5B	51.0B
Accounts Payable	973M	1.5B	1.9B	1.9B	2.3B	2.4B
Other Stockholder Equity	983M	992M	1.8B	1.9B	2.2B	2.9B
Accumulated Other Comprehensive Income	16.2B	16.3B	19.6B	19.3B	2.4B	2.3B
Current Deferred Revenue	307M	256M	338M	460M	87M	127.9M
Good Will	6.6B	6.6B	9.0B	8.8B	14.5B	15.2B
Inventory	242M	221M	400M	531M	512M	537.6M
Other Current Assets	2.8B	552M	600M	1.3B	1.1B	833.1M
Short Term Debt	1.6B	2.0B	3.6B	3.6B	6.5B	6.8B
Intangible Assets	14.4B	11.8B	14.2B	11.8B	15.8B	9.1B
Short Term Investments	167M	574M	556M	1.1B	801M	841.1M
Other Liab	7.2B	8.5B	9.2B	8.7B	10.0B	5.8B
Net Tangible Assets	(15.9B)	(14.2B)	(17.5B)	(15.2B)	(13.7B)	(13.0B)
Other Assets	899M	1.7B	2.0B	2.4B	2.8B	2.9B
Long Term Debt	19.6B	23.2B	29.3B	30.2B	39.9B	41.9B
Long Term Investments	5.1B	6.0B	5.2B	6.1B	5.8B	5.3B
Short Long Term Debt	1.4B	1.7B	3.1B	3.2B	6.1B	6.4B
Property Plant Equipment	23.0B	31.6B	38.7B	37.3B	42.9B	45.0B
Non Current Liabilities Other	752M	3.4B	3.2B	2.1B	2.6B	1.8B
Net Invested Capital	27.0B	28.8B	36.1B	36.6B	52.2B	34.1B
Net Working Capital	402M	(1.8B)	(3.8B)	(1.7B)	(3.7B)	(3.5B)

Pair Trading with Brookfield Infrastructure

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

Moving together with Brookfield Stock

0.72	JPM	JPMorgan Chase	Pair Corr
0.71	BOFA	Bank of America	Pair Corr
0.64	RY-PO	Royal Bank	Pair Corr
0.72	RY-PM	Royal Bank	Pair Corr

Moving against Brookfield Stock

0.67

Toronto Dominion Bank

Pair Corr

The ability to find closely correlated positions to Brookfield Infrastructure 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 Infrastructure 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 Infrastructure - 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 Infrastructure Partners to buy it.

The correlation of Brookfield Infrastructure 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 Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Infrastructure 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 Infrastructure 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 Infrastructure 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 Infrastructure Partners Stock. Highlighted below are key reports to facilitate an investment decision about Brookfield Infrastructure Partners Stock:

How To Invest In Brookfield

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Is Brookfield Stock a good investment?

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What is Brookfield Infrastructure's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Infrastructure 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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

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Brookfield Net Income vs Capital Expenditures Analysis

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Net Income

Capital Expenditures

Brookfield Infrastructure fundamental ratios Correlations

Brookfield Infrastructure Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Brookfield Infrastructure fundamental ratios Accounts

Pair Trading with Brookfield Infrastructure

Moving together with Brookfield Stock

Moving against Brookfield Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Net Debt
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Assets Total
Accounts Payable	+ 1.0	Property Plant And Equipment Net

Property Plant And Equipment Net	- 0.98	Retained Earnings
Non Current Liabilities Total	- 0.98	Retained Earnings
Accounts Payable	- 0.97	Retained Earnings
Total Liab	- 0.97	Retained Earnings
Non Current Assets Total	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Total Assets