Brookfield Accounts Payable from 2010 to 2024
BIP Stock | USD 31.36 0.36 1.16% |
Accounts Payable | First Reported 2007-12-31 | Previous Quarter 4.7 B | Current Value 4.7 B | Quarterly Volatility 1.5 B |
Check Brookfield Infrastructure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brookfield Infrastructure's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 B, Interest Expense of 2.6 B or Gross Profit of 4.7 B, as well as many indicators such as Price To Sales Ratio of 0.77, Dividend Yield of 0.0902 or PTB Ratio of 2.43. Brookfield financial statements analysis is a perfect complement when working with Brookfield Infrastructure Valuation or Volatility modules.
Brookfield | Accounts Payable |
Latest Brookfield Infrastructure's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Brookfield Infrastructure Partners over the last few years. An accounting item on the balance sheet that represents Brookfield Infrastructure 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 Brookfield Infrastructure 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. It is 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. Brookfield Infrastructure's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Brookfield Infrastructure's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable | 10 Years Trend |
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Accounts Payable |
Timeline |
Brookfield Accounts Payable Regression Statistics
Arithmetic Mean | 1,090,776,667 | |
Geometric Mean | 778,933,094 | |
Coefficient Of Variation | 77.70 | |
Mean Deviation | 759,732,000 | |
Median | 628,000,000 | |
Standard Deviation | 847,541,987 | |
Sample Variance | 718327.4T | |
Range | 2.2B | |
R-Value | 0.50 | |
Mean Square Error | 577594.3T | |
R-Squared | 0.25 | |
Significance | 0.06 | |
Slope | 95,391,250 | |
Total Sum of Squares | 10056583.9T |
Brookfield Accounts Payable History
About Brookfield Infrastructure Financial Statements
Brookfield Infrastructure shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Brookfield Infrastructure investors may analyze each financial statement separately, they are all interrelated. The changes in Brookfield Infrastructure's assets and liabilities, for example, are also reflected in the revenues and expenses on on Brookfield Infrastructure's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Accounts Payable | 2.3 B | 2.4 B |
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
Moving against Brookfield Stock
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.Additional Tools for Brookfield Stock Analysis
When running Brookfield Infrastructure's price analysis, check to measure Brookfield Infrastructure'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 Brookfield Infrastructure is operating at the current time. Most of Brookfield Infrastructure's value examination focuses on studying past and present price action to predict the probability of Brookfield Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Infrastructure's price. Additionally, you may evaluate how the addition of Brookfield Infrastructure to your portfolios can decrease your overall portfolio volatility.