Brown Other Current Assets from 2010 to 2024

BRO Stock  USD 81.46  0.82  1.00%   
Brown Brown Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to grow to about -4.1 B this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1985-12-31
Previous Quarter
-4.4 B
Current Value
-4.3 B
Quarterly Volatility
517.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Brown Brown financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brown main balance sheet or income statement drivers, such as Depreciation And Amortization of 216.3 M, Interest Expense of 205.2 M or Total Revenue of 4.5 B, as well as many exotic indicators such as Price To Sales Ratio of 3.48, Dividend Yield of 0.0065 or PTB Ratio of 3.39. Brown financial statements analysis is a perfect complement when working with Brown Brown Valuation or Volatility modules.
  
This module can also supplement Brown Brown's financial leverage analysis and stock options assessment as well as various Brown Brown Technical models . Check out the analysis of Brown Brown Correlation against competitors.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.

Latest Brown Brown's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Brown Brown over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Brown Brown's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Brown Brown's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Brown Other Current Assets Regression Statistics

Arithmetic Mean(492,374,600)
Geometric Mean84,176,307
Coefficient Of Variation(309.76)
Mean Deviation1,000,584,107
Median47,900,000
Standard Deviation1,525,176,162
Sample Variance2326162.3T
Range4.6B
R-Value(0.56)
Mean Square Error1725595.5T
R-Squared0.31
Significance0.03
Slope(190,239,804)
Total Sum of Squares32566272.5T

Brown Other Current Assets History

2024-4.1 B
2023-4.4 B
2022202.3 M
2021175.6 M
2020147.7 M
2019152.1 M
2018128.7 M

About Brown Brown Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Brown Brown income statement, its balance sheet, and the statement of cash flows. Brown Brown investors use historical funamental indicators, such as Brown Brown's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Brown Brown investors may use each financial statement separately, they are all related. The changes in Brown Brown's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Brown Brown's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Brown Brown Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Brown Brown. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets-4.4 B-4.1 B

Pair Trading with Brown Brown

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

Moving together with Brown Stock

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Moving against Brown Stock

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The ability to find closely correlated positions to Brown Brown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Brown 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 Brown Brown - 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 Brown Brown to buy it.
The correlation of Brown Brown 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 Brown Brown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Brown 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 Brown Brown 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 CorrelationCorrelation Matching
When determining whether Brown Brown offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brown Brown'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 Brown Brown Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brown Brown Stock:
Check out the analysis of Brown Brown Correlation against competitors.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Brown Brown's price analysis, check to measure Brown Brown's 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 Brown Brown is operating at the current time. Most of Brown Brown's value examination focuses on studying past and present price action to predict the probability of Brown Brown's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brown Brown's price. Additionally, you may evaluate how the addition of Brown Brown to your portfolios can decrease your overall portfolio volatility.
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Is Brown Brown's industry 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 Brown Brown. If investors know Brown 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 Brown Brown 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
0.229
Dividend Share
0.49
Earnings Share
3.24
Revenue Per Share
15.465
Quarterly Revenue Growth
0.118
The market value of Brown Brown is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Brown's value that differs from its market value or its book value, called intrinsic value, which is Brown Brown'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 Brown Brown's market value can be influenced by many factors that don't directly affect Brown Brown'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 Brown Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Brown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Brown'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.