Brambles Inventory vs Other Assets Analysis
BXB Stock | 19.07 0.32 1.65% |
Brambles financial indicator trend analysis is way more than just evaluating Brambles prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brambles is a good investment. Please check the relationship between Brambles Inventory and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brambles. 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.
Inventory vs Other Assets
Inventory vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brambles Inventory account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Brambles' Inventory and Other Assets is -0.24. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Assets in the same time period over historical financial statements of Brambles, assuming nothing else is changed. The correlation between historical values of Brambles' Inventory and Other 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 Inventory of Brambles are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Inventory i.e., Brambles' Inventory and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Other Assets
Most indicators from Brambles' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brambles 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 Brambles. 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. Selling General Administrative is likely to drop to about 904.2 M in 2024. Discontinued Operations is likely to drop to about 48.1 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 77.5M | 102.3M | 109.6M | 86.4M | Depreciation And Amortization | 691.9M | 730.1M | 802M | 425.5M |
Brambles fundamental ratios Correlations
Click cells to compare fundamentals
Brambles Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brambles fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.6B | 8.0B | 8.5B | 9.3B | 8.7B | 4.9B | |
Short Long Term Debt Total | 2.5B | 2.5B | 2.9B | 2.9B | 2.6B | 1.8B | |
Other Current Liab | 499.9M | 1.2B | 1.0B | 1.1B | 1.5B | 1.6B | |
Total Current Liabilities | 1.5B | 2.0B | 2.2B | 3.0B | 2.3B | 2.4B | |
Total Stockholder Equity | 2.8B | 2.7B | 2.5B | 2.9B | 3.2B | 1.8B | |
Property Plant And Equipment Net | 5.0B | 5.5B | 6.1B | 6.7B | 6.8B | 7.1B | |
Current Deferred Revenue | 424.8M | 460.3M | 476.7M | 578.1M | 664.8M | 772.3M | |
Net Debt | 1.8B | 2.1B | 2.7B | 2.7B | 2.5B | 1.5B | |
Retained Earnings | 4.8B | 5.0B | 5.3B | 5.7B | 6.1B | 6.4B | |
Accounts Payable | 441.2M | 510.5M | 549.6M | 624.6M | 617.8M | 499.7M | |
Cash | 742.0M | 408.5M | 158.2M | 160.3M | 112.9M | 189.0M | |
Non Current Assets Total | 5.9B | 6.5B | 7.1B | 7.8B | 7.4B | 3.9B | |
Non Currrent Assets Other | (193.7M) | 2.0 | (184.1M) | (187.1M) | 187.4M | 196.8M | |
Cash And Short Term Investments | 811.0M | 408.5M | 158.2M | 160.3M | 112.9M | 199.9M | |
Net Receivables | 730.9M | 851.2M | 1.0B | 1.1B | 1.1B | 710.4M | |
Good Will | 193.7M | 156.0M | 184.1M | 187.1M | 185.8M | 176.5M | |
Common Stock Shares Outstanding | 1.6B | 1.5B | 1.4B | 1.4B | 1.4B | 1.4B | |
Liabilities And Stockholders Equity | 7.6B | 8.0B | 8.5B | 9.3B | 8.7B | 4.9B | |
Non Current Liabilities Total | 3.3B | 3.3B | 3.8B | 3.4B | 3.2B | 2.0B | |
Inventory | 67.9M | 79.5M | 94.5M | 83.7M | 77.7M | 51.4M | |
Other Current Assets | 87.1M | 103M | 59.9M | 52.3M | 100M | 105M | |
Total Liab | 4.9B | 5.3B | 6.0B | 6.4B | 5.5B | 3.1B | |
Property Plant And Equipment Gross | 7.3B | 8.0B | 8.7B | 9.4B | 9.8B | 10.3B | |
Total Current Assets | 1.7B | 1.5B | 1.3B | 1.4B | 1.4B | 1.0B | |
Accumulated Other Comprehensive Income | (7.5B) | (7.3B) | (7.4B) | (7.3B) | (7.4B) | (7.0B) | |
Short Term Debt | 150.1M | 179.9M | 193.7M | 670.7M | 156.6M | 144.1M | |
Common Stock | 5.5B | 4.9B | 4.5B | 4.5B | 4.6B | 4.1B | |
Short Term Investments | 69.0M | 18.0M | 20.0M | 78.7M | 70.8M | 41.1M | |
Intangible Assets | 261.3M | 271.2M | 243.5M | 240.7M | 49.5M | 47.0M | |
Other Liab | 451.9M | 524.7M | 561.8M | 648.1M | 745.3M | 782.6M | |
Long Term Debt | 1.8B | 1.7B | 2.1B | 1.6B | 1.7B | 1.9B | |
Property Plant Equipment | 5.0B | 5.5B | 6.1B | 6.7B | 7.7B | 5.0B | |
Net Tangible Assets | 2.5B | 2.4B | 2.2B | 2.6B | 3.0B | 2.2B | |
Short Long Term Debt | 52.9M | 32.4M | 53.7M | 562.1M | 28.9M | 27.5M | |
Long Term Debt Total | 2.4B | 2.3B | 2.7B | 2.2B | 2.0B | 1.9B |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Brambles Stock Analysis
When running Brambles' price analysis, check to measure Brambles' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brambles is operating at the current time. Most of Brambles' value examination focuses on studying past and present price action to predict the probability of Brambles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brambles' price. Additionally, you may evaluate how the addition of Brambles to your portfolios can decrease your overall portfolio volatility.