Brookfield Net Income From Continuing Ops vs Minority Interest Analysis

BIP Stock  USD 27.14  0.22  0.80%   
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 From Continuing Ops and its Minority Interest 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Net Income From Continuing Ops vs Minority Interest

Net Income From Continuing Ops vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Infrastructure Net Income From Continuing Ops account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brookfield Infrastructure's Net Income From Continuing Ops and Minority Interest is -0.1. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Minority Interest 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 From Continuing Ops and Minority Interest 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 From Continuing Ops of Brookfield Infrastructure Partners are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Net Income From Continuing Ops i.e., Brookfield Infrastructure's Net Income From Continuing Ops and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Brookfield Infrastructure Partners whose combined shares represent less than 50% of the total outstanding shares issued by Brookfield Infrastructure have a minority interest in Brookfield Infrastructure.
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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Brookfield Infrastructure's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 04/27/2024, Enterprise Value Multiple is likely to grow to 9.60, while Selling General Administrative is likely to drop slightly above 210.1 M.

Brookfield Infrastructure fundamental ratios Correlations

-0.040.890.990.530.99-0.05-0.970.660.961.00.380.920.98-0.70.630.99-0.25-0.331.00.770.80.960.990.730.72
-0.04-0.320.05-0.290.041.0-0.020.680.06-0.05-0.150.070.03-0.15-0.68-0.050.980.76-0.020.1-0.480.050.01-0.07-0.63
0.89-0.320.870.740.87-0.33-0.850.40.840.90.460.750.83-0.430.80.91-0.49-0.650.880.520.90.90.860.780.8
0.990.050.870.490.990.04-0.960.730.970.990.410.930.98-0.710.540.98-0.16-0.260.990.790.740.970.990.730.68
0.53-0.290.740.490.53-0.3-0.550.170.430.570.490.210.40.120.710.63-0.37-0.730.51-0.110.770.630.50.780.51
0.990.040.870.990.530.02-0.980.730.960.990.420.910.96-0.680.570.99-0.17-0.290.990.750.760.981.00.760.67
-0.051.0-0.330.04-0.30.020.00.670.04-0.06-0.150.060.02-0.14-0.69-0.060.980.76-0.030.09-0.480.040.0-0.08-0.64
-0.97-0.02-0.85-0.96-0.55-0.980.0-0.68-0.93-0.98-0.31-0.87-0.950.63-0.64-0.980.190.28-0.98-0.71-0.8-0.96-0.97-0.74-0.65
0.660.680.40.730.170.730.67-0.680.70.650.260.680.68-0.56-0.080.660.520.290.680.590.180.720.720.480.06
0.960.060.840.970.430.960.04-0.930.70.950.390.960.95-0.730.520.94-0.15-0.210.960.80.710.920.970.690.63
1.0-0.050.90.990.570.99-0.06-0.980.650.950.40.90.97-0.670.651.0-0.26-0.361.00.740.820.970.990.760.73
0.38-0.150.460.410.490.42-0.15-0.310.260.390.40.270.26-0.020.330.42-0.21-0.510.380.090.420.420.420.780.34
0.920.070.750.930.210.910.06-0.870.680.960.90.270.95-0.850.430.87-0.14-0.080.920.930.590.830.920.530.6
0.980.030.830.980.40.960.02-0.950.680.950.970.260.95-0.790.540.95-0.19-0.20.980.850.720.930.970.620.69
-0.7-0.15-0.43-0.710.12-0.68-0.140.63-0.56-0.73-0.67-0.02-0.85-0.79-0.09-0.620.01-0.17-0.71-0.94-0.25-0.58-0.7-0.13-0.43
0.63-0.680.80.540.710.57-0.69-0.64-0.080.520.650.330.430.54-0.090.66-0.79-0.780.60.230.950.580.570.660.78
0.99-0.050.910.980.630.99-0.06-0.980.660.941.00.420.870.95-0.620.66-0.25-0.390.990.690.830.980.980.790.72
-0.250.98-0.49-0.16-0.37-0.170.980.190.52-0.15-0.26-0.21-0.14-0.190.01-0.79-0.250.79-0.23-0.09-0.63-0.15-0.2-0.21-0.76
-0.330.76-0.65-0.26-0.73-0.290.760.280.29-0.21-0.36-0.51-0.08-0.2-0.17-0.78-0.390.79-0.30.11-0.71-0.37-0.28-0.55-0.66
1.0-0.020.880.990.510.99-0.03-0.980.680.961.00.380.920.98-0.710.60.99-0.23-0.30.790.780.960.990.720.71
0.770.10.520.79-0.110.750.09-0.710.590.80.740.090.930.85-0.940.230.69-0.090.110.790.370.650.780.260.5
0.8-0.480.90.740.770.76-0.48-0.80.180.710.820.420.590.72-0.250.950.83-0.63-0.710.780.370.770.750.790.82
0.960.050.90.970.630.980.04-0.960.720.920.970.420.830.93-0.580.580.98-0.15-0.370.960.650.770.960.780.65
0.990.010.860.990.51.00.0-0.970.720.970.990.420.920.97-0.70.570.98-0.2-0.280.990.780.750.960.730.69
0.73-0.070.780.730.780.76-0.08-0.740.480.690.760.780.530.62-0.130.660.79-0.21-0.550.720.260.790.780.730.5
0.72-0.630.80.680.510.67-0.64-0.650.060.630.730.340.60.69-0.430.780.72-0.76-0.660.710.50.820.650.690.5
Click cells to compare fundamentals

Brookfield Infrastructure Account Relationship Matchups

Brookfield Infrastructure fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.3B61.3B74.0B73.0B100.8B105.8B
Short Long Term Debt Total21.0B23.2B29.3B33.8B49.5B51.9B
Other Current Liab2.7B1.9B2.9B2.5B2.6B2.7B
Total Current Liabilities5.4B5.5B8.7B8.4B11.7B12.3B
Total Stockholder Equity22.2B21.7B26.4B25.6B6.2B11.7B
Property Plant And Equipment Net23.0B32.1B39.3B38.0B48.5B51.0B
Net Debt20.2B22.3B27.8B32.5B47.6B50.0B
Retained Earnings(1.4B)(2.3B)(2.1B)(2.7B)(3.2B)(3.1B)
Accounts Payable854M1.5B1.9B1.9B2.3B2.4B
Cash827M867M1.4B1.3B1.9B1.9B
Non Current Assets Total55.5B60.5B72.6B71.7B92.8B97.4B
Non Currrent Assets Other416M1.9B23.2B465M3.5B2.4B
Cash And Short Term Investments827M867M1.4B1.3B2.7B2.9B
Net Receivables1.8B1.5B1.9B2.3B3.7B3.9B
Common Stock Shares Outstanding428.4M442.1M445.1M458.1M459.4M347.6M
Liabilities And Stockholders Equity56.3B61.3B74.0B73.0B100.8B105.8B
Non Current Liabilities Total34.1B39.7B47.6B47.4B55.1B57.8B
Inventory242M221M400M531M512M901.4M
Other Current Assets(2.0B)(1.8B)(2.3B)315M1.0B1.1B
Total Liab34.1B39.7B47.6B47.4B66.8B70.1B
Total Current Assets827M867M1.4B1.3B8.0B8.4B
Common Stock5.5B5.5B6.1B6.1B6.2B5.0B
Other Stockholder Equity16.2B16.3B19.6B19.3B22.2B23.3B
Property Plant And Equipment Gross23.0B31.6B42.8B42.7B55.8B58.6B
Accumulated Other Comprehensive Income983M992M1.8B1.9B2.4B2.5B
Other Liab7.2B8.5B18.3B8.7B10.0B5.2B
Current Deferred Revenue307M256M338M460M490M514.5M
Other Assets899M1.7B4.9B1.1B1.3B1.2B
Long Term Debt19.7B23.2B29.3B30.2B39.9B41.9B
Good Will6.6B6.6B9.0B8.8B14.5B15.2B
Short Term Investments167M574M556M1.1B866M909.3M
Short Term Debt1.6B1.9B3.5B3.6B6.4B6.7B
Intangible Assets14.4B11.8B14.2B11.8B15.8B9.1B
Property Plant Equipment23.0B31.6B39.3B38.0B43.7B45.9B
Net Tangible Assets(15.9B)(14.2B)(17.5B)(15.2B)(13.7B)(13.0B)
Long Term Investments5.1B6.0B5.2B6.1B5.8B5.3B
Short Long Term Debt1.4B1.7B3.1B3.2B6.1B6.4B
Long Term Debt Total21.3B25.2B29.6B30.3B34.8B19.9B

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

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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 CorrelationCorrelation 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:
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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Brookfield Infrastructure'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 Brookfield Infrastructure. If investors know Brookfield 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 Brookfield Infrastructure 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
(0.44)
Dividend Share
1.53
Earnings Share
0.14
Revenue Per Share
39.031
Quarterly Revenue Growth
0.34
The market value of Brookfield Infrastructure is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Infrastructure's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Infrastructure'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 Brookfield Infrastructure's market value can be influenced by many factors that don't directly affect Brookfield Infrastructure'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 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.