Berkshire Other Current Liab vs Total Assets Analysis
BRK-B Stock | USD 406.14 1.22 0.30% |
Berkshire Hathaway financial indicator trend analysis is way more than just evaluating Berkshire Hathaway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hathaway is a good investment. Please check the relationship between Berkshire Hathaway Other Current Liab and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Other Current Liab vs Total Assets
Other Current Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hathaway Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Berkshire Hathaway's Other Current Liab and Total Assets is -0.2. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Berkshire Hathaway, assuming nothing else is changed. The correlation between historical values of Berkshire Hathaway's Other Current Liab and Total 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 Other Current Liab of Berkshire Hathaway are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Berkshire Hathaway's Other Current Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Total Assets
Total assets refers to the total amount of Berkshire Hathaway 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 Berkshire Hathaway 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.Most indicators from Berkshire Hathaway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hathaway 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 Berkshire Hathaway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At present, Berkshire Hathaway's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 17.93, whereas Selling General Administrative is forecasted to decline to about 5.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 354.6B | 177.8B | 70.9B | 116.5B | Total Revenue | 354.6B | 302.1B | 364.5B | 382.7B |
Berkshire Hathaway fundamental ratios Correlations
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Berkshire Hathaway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Berkshire Hathaway fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 2.5B | 2.4B | 2.3B | 2.2B | 2.2B | 2.4B | |
Total Assets | 817.7B | 873.7B | 958.8B | 948.5B | 1.1T | 1.1T | |
Short Long Term Debt Total | 103.4B | 116.9B | 114.3B | 122.7B | 128.3B | 134.7B | |
Other Current Liab | 8.1B | 5.6B | 4.5B | 8.6B | (5.3B) | (5.1B) | |
Total Current Liabilities | 44.4B | 45.6B | 45.2B | 62.5B | 8.3B | 7.8B | |
Total Stockholder Equity | 424.8B | 443.2B | 506.2B | 472.4B | 561.3B | 589.3B | |
Property Plant And Equipment Net | 174.3B | 187.0B | 191.3B | 197.0B | 216.6B | 227.4B | |
Net Debt | 39.2B | 68.9B | 26.1B | 86.9B | 90.2B | 94.8B | |
Retained Earnings | 402.5B | 444.6B | 534.4B | 511.6B | 607.4B | 637.7B | |
Accounts Payable | 42.3B | 44.5B | 46.1B | 49.8B | 49.4B | 51.8B | |
Cash | 64.2B | 48.0B | 88.2B | 35.8B | 38.0B | 31.4B | |
Non Current Assets Total | 578.0B | 615.9B | 683.1B | 672.5B | 93.0B | 88.4B | |
Non Currrent Assets Other | (66.8B) | (74.1B) | (90.2B) | (77.0B) | (866.8B) | (823.5B) | |
Other Assets | 55.4B | 63.8B | 67.6B | 72.5B | 765.1B | 803.4B | |
Cash And Short Term Investments | 128.0B | 138.3B | 146.7B | 128.6B | 167.6B | 176.0B | |
Net Receivables | 35.8B | 35.9B | 39.6B | 48.3B | 44.2B | 46.4B | |
Liabilities And Stockholders Equity | 817.7B | 873.7B | 958.8B | 948.5B | 1.1T | 1.1T | |
Non Current Liabilities Total | 170.8B | 187.6B | 202.2B | 197.3B | 491.0B | 515.5B | |
Other Stockholder Equity | 27.5B | 2.8B | (24.2B) | (32.7B) | (42.3B) | (40.2B) | |
Total Liab | 389.2B | 422.4B | 443.9B | 467.8B | 499.2B | 524.2B | |
Property Plant And Equipment Gross | 158.2B | 166.7B | 174.3B | 187.0B | 215.1B | 225.8B | |
Total Current Assets | 163.8B | 174.1B | 186.3B | 176.9B | 211.8B | 222.4B | |
Cash And Equivalents | 64.2B | 48.0B | 88.2B | 35.8B | 41.2B | 31.1B | |
Good Will | 81.9B | 73.7B | 73.9B | 78.1B | 84.6B | 50.0B | |
Short Term Investments | 63.8B | 90.3B | 58.5B | 92.8B | 129.6B | 136.1B | |
Inventory | 19.9B | 19.2B | 21.0B | 25.4B | 24.2B | 25.4B | |
Other Current Assets | 20.5B | 19.9B | 21.8B | 26.5B | (24.2B) | (23.0B) | |
Accumulated Other Comprehensive Income | (5.2B) | (4.2B) | (4.0B) | (6.6B) | (3.8B) | (3.6B) | |
Short Term Debt | 4.7B | 3.3B | 2.4B | 2.4B | 5.3B | 5.6B | |
Intangible Assets | 31.6B | 30.7B | 28.5B | 29.2B | 29.3B | 20.3B | |
Net Tangible Assets | 311.9B | 340.0B | 402.7B | 363.8B | 418.3B | 272.0B | |
Current Deferred Revenue | (4.7B) | (3.3B) | (2.4B) | 6.8B | 8.3B | 8.7B | |
Noncontrolling Interest In Consolidated Entity | 3.8B | 3.8B | 8.2B | 8.7B | 10.0B | 10.5B | |
Long Term Debt | 968M | 113.5B | 111.9B | 120.3B | 122.9B | 129.1B | |
Retained Earnings Total Equity | 321.1B | 402.5B | 444.6B | 534.4B | 614.6B | 645.3B | |
Long Term Debt Total | 968M | 113.5B | 111.9B | 120.3B | 138.4B | 145.3B | |
Capital Surpluse | 35.7B | 35.6B | 35.6B | 35.2B | 31.7B | 28.6B | |
Long Term Investments | 53.7B | 37.7B | 443.1B | 454.7B | 536.3B | 563.1B |
Pair Trading with Berkshire Hathaway
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 Berkshire Hathaway 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 Berkshire Hathaway will appreciate offsetting losses from the drop in the long position's value.Moving together with Berkshire Stock
0.76 | ESGR | Enstar Group Limited | PairCorr |
The ability to find closely correlated positions to Berkshire Hathaway could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berkshire Hathaway 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 Berkshire Hathaway - 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 Berkshire Hathaway to buy it.
The correlation of Berkshire Hathaway 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 Berkshire Hathaway moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkshire Hathaway 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 Berkshire Hathaway 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Berkshire Stock analysis
When running Berkshire Hathaway's price analysis, check to measure Berkshire Hathaway'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 Berkshire Hathaway is operating at the current time. Most of Berkshire Hathaway's value examination focuses on studying past and present price action to predict the probability of Berkshire Hathaway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hathaway's price. Additionally, you may evaluate how the addition of Berkshire Hathaway to your portfolios can decrease your overall portfolio volatility.
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