Berkshire Total Assets vs Accounts Payable 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 Total Assets and its Accounts Payable 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.
Total Assets vs Accounts Payable
Total Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hathaway Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Berkshire Hathaway's Total Assets and Accounts Payable is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable 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 Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Berkshire Hathaway are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Berkshire Hathaway's Total Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Accounts Payable
An accounting item on the balance sheet that represents Berkshire Hathaway 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 Berkshire Hathaway 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.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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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