Brompton Historical Balance Sheet
| ESP Stock | CAD 6.11 0.09 1.50% |
Trend analysis of Brompton Energy Split balance sheet accounts such as Accounts Payable of 238.5 K or Cash of 168.6 K provides information on Brompton Energy's total assets, liabilities, and equity, which is the actual value of Brompton Energy Split to its prevalent stockholders. By breaking down trends over time using Brompton Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Brompton |
About Brompton Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Brompton Energy Split at a specified time, usually calculated after every quarter, six months, or one year. Brompton Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brompton Energy 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 Brompton currently owns. An asset can also be divided into two categories, current and non-current.
Brompton Energy Balance Sheet Chart
Total Assets
Total assets refers to the total amount of Brompton Energy 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 Brompton Energy Split 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.Accounts Payable
An accounting item on the balance sheet that represents Brompton Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Brompton Energy Split are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash
Cash refers to the most liquid asset of Brompton Energy Split, which is listed under current asset account on Brompton Energy Split balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Brompton Energy customers. The amounts must be unrestricted with restricted cash listed in a different Brompton Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Long Term Investments
Long Term Investments is an item on the asset side of Brompton Energy balance sheet that represents investments Brompton Energy Split intends to hold for over a year. Brompton Energy Split long term investments may include different instruments such as stocks, bonds, real estate and cash.Most accounts from Brompton Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Brompton Energy Split current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Brompton Energy Split. 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. As of the 22nd of December 2024, Total Assets is likely to grow to about 11 M. Also, Accounts Payable is likely to grow to about 238.5 K
| 2021 | 2022 | 2023 | 2024 (projected) | Cash | 109.5K | 256.2K | 117.6K | 168.6K | Accounts Payable | 211.3K | 210.8K | 238.1K | 238.5K |
Brompton Energy balance sheet Correlations
| 0.67 | 0.68 | -0.82 | 0.95 | 1.0 | ||
| 0.67 | 0.12 | -0.87 | 0.64 | 0.67 | ||
| 0.68 | 0.12 | -0.55 | 0.53 | 0.67 | ||
| -0.82 | -0.87 | -0.55 | -0.75 | -0.82 | ||
| 0.95 | 0.64 | 0.53 | -0.75 | 0.96 | ||
| 1.0 | 0.67 | 0.67 | -0.82 | 0.96 |
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Brompton Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Brompton Energy
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 Brompton Energy 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 Brompton Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Brompton Stock
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| 0.9 | DSG | Descartes Systems | PairCorr |
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| 0.9 | IMP | Intermap Technologies | PairCorr |
Moving against Brompton Stock
The ability to find closely correlated positions to Brompton Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brompton Energy 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 Brompton Energy - 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 Brompton Energy Split to buy it.
The correlation of Brompton Energy 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 Brompton Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brompton Energy Split 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 Brompton Energy 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.Other Information on Investing in Brompton Stock
Balance Sheet is a snapshot of the financial position of Brompton Energy Split at a specified time, usually calculated after every quarter, six months, or one year. Brompton Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brompton Energy 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 Brompton currently owns. An asset can also be divided into two categories, current and non-current.