Brady Total Assets vs Net Tangible Assets Analysis
BRC Stock | USD 74.89 0.13 0.17% |
Brady financial indicator trend analysis is way more than just evaluating Brady prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brady is a good investment. Please check the relationship between Brady Total Assets and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brady. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.
Total Assets vs Net Tangible Assets
Total Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brady Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Brady's Total Assets and Net Tangible Assets is 0.02. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Brady, assuming nothing else is changed. The correlation between historical values of Brady's Total Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Brady are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Brady's Total Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Brady assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Brady books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.Most indicators from Brady's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brady 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 Brady. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.At present, Brady's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 631.6M | 657.3M | 687.9M | 441.5M | Total Revenue | 1.3B | 1.3B | 1.3B | 866.7M |
Brady fundamental ratios Correlations
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Brady Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brady fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.4B | 1.4B | 1.4B | 1.5B | 917.4M | |
Short Long Term Debt Total | 47.3M | 84.0M | 129.1M | 80.7M | 129.7M | 140.4M | |
Other Current Liab | 49.8M | 140.8M | 138.2M | 137.3M | 159.2M | 167.1M | |
Total Current Liabilities | 185.9M | 257.6M | 255.2M | 258.0M | 264.7M | 163.9M | |
Total Stockholder Equity | 863.1M | 963.0M | 911.3M | 990.9M | 1.1B | 585.9M | |
Property Plant And Equipment Net | 157.0M | 163.6M | 170.8M | 171.8M | 234.3M | 131.8M | |
Net Debt | (170.4M) | (63.3M) | 15.1M | (70.9M) | (120.5M) | (114.4M) | |
Retained Earnings | 704.5M | 788.4M | 892.4M | 1.0B | 1.2B | 1.2B | |
Cash | 217.6M | 147.3M | 114.1M | 151.5M | 250.1M | 131.8M | |
Non Current Assets Total | 633.0M | 912.7M | 869.3M | 864.4M | 915.9M | 544.5M | |
Non Currrent Assets Other | 10.2M | 6.1M | 3.7M | 3.9M | 24.5M | 25.8M | |
Cash And Short Term Investments | 217.6M | 147.3M | 114.1M | 151.5M | 250.1M | 132.9M | |
Net Receivables | 146.2M | 170.6M | 183.2M | 184.4M | 185.5M | 129.1M | |
Common Stock Shares Outstanding | 53.2M | 52.4M | 51.7M | 49.9M | 48.5M | 53.0M | |
Liabilities And Stockholders Equity | 1.1B | 1.4B | 1.4B | 1.4B | 1.5B | 917.4M | |
Non Current Liabilities Total | 93.5M | 157.1M | 200.9M | 140.3M | 184.2M | 167.6M | |
Inventory | 135.7M | 136.1M | 190.0M | 177.1M | 152.7M | 82.9M | |
Other Current Assets | 10.0M | 11.1M | 10.7M | 11.8M | 11.4M | 10.8M | |
Other Stockholder Equity | 224.5M | 230.1M | 127.4M | 61.6M | 1.7M | 1.6M | |
Total Liab | 279.4M | 414.7M | 456.0M | 398.3M | 448.9M | 331.5M | |
Property Plant And Equipment Gross | 157.0M | 163.6M | 170.8M | 464.5M | 538.5M | 565.4M | |
Total Current Assets | 509.4M | 465.1M | 498.1M | 524.8M | 599.7M | 372.9M | |
Accumulated Other Comprehensive Income | (66.5M) | (56.0M) | (109.1M) | (93.1M) | (109.6M) | (104.1M) | |
Short Term Debt | 15.3M | 17.7M | 15.0M | 14.7M | 13.4M | 21.2M | |
Accounts Payable | 62.5M | 82.2M | 81.1M | 79.9M | 84.7M | 57.0M | |
Intangible Assets | 22.3M | 92.3M | 74.0M | 62.1M | 51.8M | 82.5M | |
Other Liab | 61.5M | 90.8M | 86.7M | 74.4M | 85.5M | 61.7M | |
Other Assets | 19.1M | 22.4M | 37.6M | 37.9M | 1.0 | 0.95 | |
Good Will | 416.0M | 614.1M | 586.8M | 592.6M | 589.6M | 537.6M | |
Treasury Stock | (107.2M) | (109.1M) | (217.9M) | (290.2M) | (261.2M) | (248.1M) | |
Property Plant Equipment | 157.0M | 163.6M | 139.5M | 142.1M | 163.5M | 134.8M | |
Current Deferred Revenue | 58.3M | 98.1M | 2.7M | 97.6M | 2.9M | 2.8M | |
Net Tangible Assets | 424.7M | 256.6M | 250.4M | 336.2M | 386.6M | 259.6M | |
Retained Earnings Total Equity | 704.5M | 788.4M | 892.4M | 1.0B | 1.2B | 718.0M | |
Capital Surpluse | 331.8M | 339.1M | 345.3M | 351.8M | 404.5M | 356.7M | |
Non Current Liabilities Other | 61.5M | 90.8M | 105.9M | 90.6M | 68.0M | 80.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Brady offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brady'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 Brady Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brady Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brady. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Commercial Services & Supplies 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 Brady. If investors know Brady 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 Brady 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 0.154 | Earnings Share 4.07 | Revenue Per Share 27.877 | Quarterly Revenue Growth (0.01) | Return On Assets 0.1048 |
The market value of Brady is measured differently than its book value, which is the value of Brady that is recorded on the company's balance sheet. Investors also form their own opinion of Brady's value that differs from its market value or its book value, called intrinsic value, which is Brady'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 Brady's market value can be influenced by many factors that don't directly affect Brady'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 Brady's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brady is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brady'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.