BrightView Non Operating Income Net Other vs Net Income Analysis

BV Stock

USD 11.28 0.09 0.80%

BrightView Holdings financial indicator trend analysis is way more than just evaluating BrightView Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BrightView Holdings is a good investment. Please check the relationship between BrightView Holdings Non Operating Income Net Other and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BrightView Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

For more information on how to buy BrightView Stock please use our How to Invest in BrightView Holdings guide.

Non Operating Income Net Other vs Net Income

Non Operating Income Net Other vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BrightView Holdings Non Operating Income Net Other account and Net Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between BrightView Holdings' Non Operating Income Net Other and Net Income is 0.68. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Net Income in the same time period over historical financial statements of BrightView Holdings, assuming nothing else is changed. The correlation between historical values of BrightView Holdings' Non Operating Income Net Other and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of BrightView Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Non Operating Income Net Other i.e., BrightView Holdings' Non Operating Income Net Other and Net Income go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Non Operating Income Net Other

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in BrightView Holdings financial statement analysis. It represents the amount of money remaining after all of BrightView Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from BrightView Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BrightView Holdings 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 BrightView Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

For more information on how to buy BrightView Stock please use our How to Invest in BrightView Holdings guide.At this time, BrightView Holdings' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 468.9 M in 2024, whereas Discontinued Operations is likely to drop (9.8 M) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	674.8M	678.9M	780.7M	621.6M
Total Revenue	2.8B	2.8B	3.2B	2.4B

Gross Profit Total Revenue

BrightView Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		0.95	0.96	0.95	0.68	-0.89	0.76	0.94	0.4	0.83	0.91	0.98	1.0	0.7	0.91	0.98	0.95	-0.91	0.98	0.06	0.73	0.99	0.96	0.12	-0.74	0.67
Other Current Liab	0.95		0.99	0.93	0.66	-0.77	0.76	0.97	0.54	0.88	0.79	0.95	0.95	0.78	0.86	0.92	0.88	-0.89	0.98	0.3	0.55	0.95	0.92	0.28	-0.75	0.77
Total Current Liabilities	0.96	0.99		0.95	0.68	-0.78	0.79	0.99	0.49	0.84	0.8	0.97	0.96	0.82	0.87	0.93	0.9	-0.88	0.99	0.31	0.55	0.97	0.95	0.22	-0.77	0.8
Total Stockholder Equity	0.95	0.93	0.95		0.63	-0.72	0.74	0.95	0.48	0.77	0.76	0.95	0.95	0.71	0.94	0.87	0.84	-0.92	0.96	0.13	0.55	0.98	0.91	0.12	-0.86	0.71
Other Liab	0.68	0.66	0.68	0.63		-0.53	0.55	0.68	0.26	0.52	0.47	0.73	0.67	0.55	0.43	0.67	0.63	-0.62	0.73	0.17	0.32	0.66	0.74	0.3	-0.81	0.75
Net Tangible Assets	-0.89	-0.77	-0.78	-0.72	-0.53		-0.62	-0.72	-0.22	-0.76	-0.98	-0.82	-0.88	-0.47	-0.79	-0.95	-0.9	0.76	-0.79	0.16	-0.93	-0.84	-0.8	-0.03	0.43	-0.37
Retained Earnings	0.76	0.76	0.79	0.74	0.55	-0.62		0.82	0.13	0.72	0.63	0.78	0.76	0.84	0.66	0.73	0.73	-0.61	0.78	0.33	0.4	0.76	0.81	0.2	-0.56	0.7
Accounts Payable	0.94	0.97	0.99	0.95	0.68	-0.72	0.82		0.47	0.81	0.74	0.96	0.94	0.86	0.85	0.89	0.88	-0.88	0.98	0.35	0.48	0.96	0.96	0.21	-0.79	0.85
Cash	0.4	0.54	0.49	0.48	0.26	-0.22	0.13	0.47		0.55	0.25	0.35	0.4	0.21	0.45	0.34	0.25	-0.43	0.47	0.32	0.16	0.42	0.28	0.42	-0.46	0.31
Other Assets	0.83	0.88	0.84	0.77	0.52	-0.76	0.72	0.81	0.55		0.78	0.8	0.83	0.56	0.77	0.83	0.7	-0.78	0.83	0.17	0.61	0.81	0.77	0.52	-0.54	0.57
Long Term Debt	0.91	0.79	0.8	0.76	0.47	-0.98	0.63	0.74	0.25	0.78		0.82	0.9	0.5	0.87	0.94	0.9	-0.8	0.8	-0.15	0.93	0.86	0.8	0.06	-0.44	0.36
Net Receivables	0.98	0.95	0.97	0.95	0.73	-0.82	0.78	0.96	0.35	0.8	0.82		0.98	0.76	0.86	0.95	0.93	-0.91	0.99	0.13	0.6	0.98	0.99	0.13	-0.8	0.77
Good Will	1.0	0.95	0.96	0.95	0.67	-0.88	0.76	0.94	0.4	0.83	0.9	0.98		0.7	0.92	0.98	0.94	-0.92	0.98	0.06	0.72	0.99	0.96	0.11	-0.75	0.67
Other Current Assets	0.7	0.78	0.82	0.71	0.55	-0.47	0.84	0.86	0.21	0.56	0.5	0.76	0.7		0.58	0.66	0.71	-0.56	0.78	0.66	0.19	0.72	0.8	0.16	-0.56	0.88
Other Stockholder Equity	0.91	0.86	0.87	0.94	0.43	-0.79	0.66	0.85	0.45	0.77	0.87	0.86	0.92	0.58		0.86	0.82	-0.9	0.86	-0.02	0.72	0.93	0.81	0.07	-0.68	0.47
Total Liab	0.98	0.92	0.93	0.87	0.67	-0.95	0.73	0.89	0.34	0.83	0.94	0.95	0.98	0.66	0.86		0.96	-0.87	0.94	0.02	0.8	0.95	0.94	0.12	-0.65	0.62
Deferred Long Term Liab	0.95	0.88	0.9	0.84	0.63	-0.9	0.73	0.88	0.25	0.7	0.9	0.93	0.94	0.71	0.82	0.96		-0.82	0.91	0.04	0.75	0.93	0.92	-0.03	-0.62	0.62
Short Long Term Debt	-0.91	-0.89	-0.88	-0.92	-0.62	0.76	-0.61	-0.88	-0.43	-0.78	-0.8	-0.91	-0.92	-0.56	-0.9	-0.87	-0.82		-0.9	0.05	-0.62	-0.93	-0.86	-0.16	0.77	-0.61
Total Current Assets	0.98	0.98	0.99	0.96	0.73	-0.79	0.78	0.98	0.47	0.83	0.8	0.99	0.98	0.78	0.86	0.94	0.91	-0.9		0.22	0.57	0.98	0.97	0.19	-0.82	0.8
Short Term Debt	0.06	0.3	0.31	0.13	0.17	0.16	0.33	0.35	0.32	0.17	-0.15	0.13	0.06	0.66	-0.02	0.02	0.04	0.05	0.22		-0.41	0.09	0.18	0.35	-0.12	0.61
Intangible Assets	0.73	0.55	0.55	0.55	0.32	-0.93	0.4	0.48	0.16	0.61	0.93	0.6	0.72	0.19	0.72	0.8	0.75	-0.62	0.57	-0.41		0.67	0.58	-0.04	-0.25	0.04
Common Stock	0.99	0.95	0.97	0.98	0.66	-0.84	0.76	0.96	0.42	0.81	0.86	0.98	0.99	0.72	0.93	0.95	0.93	-0.93	0.98	0.09	0.67		0.96	0.1	-0.79	0.7
Property Plant Equipment	0.96	0.92	0.95	0.91	0.74	-0.8	0.81	0.96	0.28	0.77	0.8	0.99	0.96	0.8	0.81	0.94	0.92	-0.86	0.97	0.18	0.58	0.96		0.1	-0.77	0.82
Common Stock Shares Outstanding	0.12	0.28	0.22	0.12	0.3	-0.03	0.2	0.21	0.42	0.52	0.06	0.13	0.11	0.16	0.07	0.12	-0.03	-0.16	0.19	0.35	-0.04	0.1	0.1		-0.17	0.3
Short Long Term Debt Total	-0.74	-0.75	-0.77	-0.86	-0.81	0.43	-0.56	-0.79	-0.46	-0.54	-0.44	-0.8	-0.75	-0.56	-0.68	-0.65	-0.62	0.77	-0.82	-0.12	-0.25	-0.79	-0.77	-0.17		-0.74
Property Plant And Equipment Net	0.67	0.77	0.8	0.71	0.75	-0.37	0.7	0.85	0.31	0.57	0.36	0.77	0.67	0.88	0.47	0.62	0.62	-0.61	0.8	0.61	0.04	0.7	0.82	0.3	-0.74

Click cells to compare fundamentals

BrightView Holdings Account Relationship Matchups

BrightView Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1B	3.2B	3.3B	3.4B	3.9B	2.8B
Other Current Liab	245.6M	271.1M	239.1M	235M	270.3M	196.1M
Total Current Liabilities	450.1M	496.1M	488.4M	466.7M	536.7M	376.6M
Total Stockholder Equity	1.3B	1.3B	1.2B	1.2B	1.4B	1.0B
Other Liab	154.3M	214M	185.9M	667.7M	767.9M	806.2M
Net Tangible Assets	(809.1M)	(805.7M)	(966.3M)	(910.4M)	(819.4M)	(860.3M)
Retained Earnings	(187.9M)	(141.6M)	(127.6M)	(135.3M)	(155.6M)	(163.4M)
Accounts Payable	116.8M	144.4M	151.2M	136.2M	156.6M	106.1M
Cash	157.1M	123.7M	20.1M	67M	77.1M	67.0M
Other Assets	47M	44.5M	35.4M	33.8M	38.9M	31.0M
Long Term Debt	1.1B	1.1B	1.3B	888.1M	1.0B	1.1B
Net Receivables	413.8M	490.1M	527.8M	585.8M	673.7M	409.5M
Good Will	1.9B	2.0B	2.0B	2.0B	2.3B	1.7B
Other Current Assets	55.7M	97M	129.2M	89.3M	102.7M	68.4M
Other Stockholder Equity	1.5B	1.5B	1.3B	862.2M	991.5M	1.1B
Total Liab	1.8B	1.9B	2.1B	2.1B	2.4B	1.7B
Short Long Term Debt	13.0M	10.4M	12.3M	12M	10.8M	11.7M
Total Current Assets	633.1M	710.8M	677.1M	742.1M	853.4M	567.7M
Short Term Debt	30.6M	32.4M	38.8M	27.3M	31.4M	25.9M
Intangible Assets	221.3M	197.6M	174.3M	132.3M	152.1M	232.7M
Property Plant Equipment	251.5M	264.4M	409.9M	401.3M	461.5M	262.4M
Common Stock Shares Outstanding	103.7M	105.7M	98.2M	93.4M	107.4M	108.2M
Short Long Term Debt Total	1.2B	1.2B	1.4B	980.5M	882.5M	1.0B
Property Plant And Equipment Net	310.3M	333.9M	409.9M	401.3M	461.5M	340.7M
Current Deferred Revenue	57.1M	48.2M	59.3M	68.2M	78.4M	63.9M
Net Debt	1.0B	1.1B	1.4B	913.5M	822.2M	981.3M
Non Current Assets Total	2.4B	2.5B	2.6B	2.6B	3.0B	2.7B
Non Currrent Assets Other	(58.5M)	(69.9M)	(71.3M)	(79.9M)	(71.9M)	(68.3M)
Cash And Short Term Investments	157.1M	123.7M	20.1M	67M	77.1M	71.9M
Long Term Debt Total	1.1B	1.1B	1.1B	1.4B	1.2B	1.0B
Liabilities And Stockholders Equity	3.1B	3.2B	3.3B	3.4B	3.9B	3.4B
Non Current Liabilities Total	1.3B	1.4B	1.6B	1.6B	1.5B	1.2B
Capital Surpluse	1.4B	1.5B	1.5B	1.5B	1.7B	1.4B
Inventory	23.8M	26.5M	6.5M	1.0	0.9	0.86
Property Plant And Equipment Gross	310.3M	333.9M	409.9M	943.5M	1.1B	1.1B
Accumulated Other Comprehensive Income	(6.9M)	(1.5M)	2M	17.1M	19.7M	20.6M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BrightView Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BrightView Holdings' short interest history, or implied volatility extrapolated from BrightView Holdings options trading.

Pair Trading with BrightView Holdings

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

Moving together with BrightView Stock

0.79

LegalZoom Financial Report 14th of May 2024

Pair Corr

Moving against BrightView Stock

0.85	VRSK	Verisk Analytics Financial Report 1st of May 2024	Pair Corr
0.84	DLHC	DLH Holdings Corp Earnings Call This Week	Pair Corr
0.74	FA	First Advantage Corp Financial Report 8th of May 2024	Pair Corr

The ability to find closely correlated positions to BrightView Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BrightView Holdings 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 BrightView Holdings - 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 BrightView Holdings to buy it.

The correlation of BrightView Holdings 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 BrightView Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BrightView Holdings 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 BrightView Holdings 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 Correlation Correlation Matching

When determining whether BrightView Holdings is a strong investment it is important to analyze BrightView Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BrightView Holdings' future performance. For an informed investment choice regarding BrightView Stock, refer to the following important reports:

How To Invest In BrightView

Details

Is BrightView Stock a good investment?

Details

What is BrightView Holdings' Net Worth?

Details

Largest Commercial & Professional Services Companies

View

Largest Industrials Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BrightView Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

For more information on how to buy BrightView Stock please use our How to Invest in BrightView Holdings guide.

You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for BrightView Stock analysis

When running BrightView Holdings' price analysis, check to measure BrightView Holdings' 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 BrightView Holdings is operating at the current time. Most of BrightView Holdings' value examination focuses on studying past and present price action to predict the probability of BrightView Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BrightView Holdings' price. Additionally, you may evaluate how the addition of BrightView Holdings to your portfolios can decrease your overall portfolio volatility.

	Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Technical Analysis Check basic technical indicators and analysis based on most latest market data

Is BrightView Holdings' 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 BrightView Holdings. If investors know BrightView 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 BrightView Holdings 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

(0.09)

Earnings Share

(0.19)

Revenue Per Share

29.775

Quarterly Revenue Growth

(0.04)

Return On Assets

0.0196

The market value of BrightView Holdings is measured differently than its book value, which is the value of BrightView that is recorded on the company's balance sheet. Investors also form their own opinion of BrightView Holdings' value that differs from its market value or its book value, called intrinsic value, which is BrightView Holdings' 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 BrightView Holdings' market value can be influenced by many factors that don't directly affect BrightView Holdings' 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 BrightView Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if BrightView Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BrightView Holdings' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

BrightView Non Operating Income Net Other vs Net Income Analysis

Non Operating Income Net Other vs Net Income

Non Operating Income Net Other vs Net Income Correlation Analysis

Correlation Coefficient

Non Operating Income Net Other

Net Income

BrightView Holdings fundamental ratios Correlations

BrightView Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BrightView Holdings fundamental ratios Accounts

Pair Trading with BrightView Holdings

Moving together with BrightView Stock

Moving against BrightView Stock

Complementary Tools for BrightView Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Good Will	+ 1.0	Total Assets
Common Stock	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Accounts Payable	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Net Receivables

Long Term Debt	- 0.98	Net Tangible Assets
Total Liab	- 0.95	Net Tangible Assets
Common Stock	- 0.93	Short Long Term Debt
Intangible Assets	- 0.93	Net Tangible Assets
Short Long Term Debt	- 0.92	Good Will
Short Long Term Debt	- 0.92	Total Stockholder Equity