Broadridge Long Term Investments vs Net Working Capital Analysis

BR Stock

USD 236.44 3.21 1.38%

Broadridge Financial financial indicator trend analysis is way more than just evaluating Broadridge Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadridge Financial is a good investment. Please check the relationship between Broadridge Financial Long Term Investments and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadridge Financial Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Long Term Investments vs Net Working Capital

Long Term Investments vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadridge Financial Long Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Broadridge Financial's Long Term Investments and Net Working Capital is -0.63. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Broadridge Financial Solutions, assuming nothing else is changed. The correlation between historical values of Broadridge Financial's Long Term Investments and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Broadridge Financial Solutions are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Investments i.e., Broadridge Financial's Long Term Investments and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Broadridge Financial balance sheet that represents investments Broadridge Financial intends to hold for over a year. Broadridge Financial Solutions long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Working Capital

Most indicators from Broadridge Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broadridge Financial 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 Broadridge Financial Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

As of 11/27/2024, Selling General Administrative is likely to drop to about 511.6 M. In addition to that, Tax Provision is likely to drop to about 162.3 M

	2021	2022	2023	2024 (projected)
Gross Profit	1.6B	1.8B	1.9B	1.1B
Total Revenue	5.7B	6.1B	6.5B	3.8B

Gross Profit Total Revenue

Broadridge Financial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.81	0.83	0.98	0.85	0.47	0.85	0.92	0.23	-0.11	0.92	0.86	0.38	-0.11	0.96	0.91	-0.42	-0.22	0.89	-0.17	-0.64	0.92	0.67	0.7	-0.01	0.9
Other Current Liab	0.81		0.71	0.81	0.92	0.7	0.93	0.9	0.15	0.05	0.92	0.83	0.59	0.07	0.77	0.91	-0.65	-0.19	0.91	-0.15	-0.62	0.92	0.82	0.6	-0.16	0.89
Total Current Liabilities	0.83	0.71		0.89	0.74	0.36	0.7	0.74	0.22	-0.16	0.78	0.63	0.51	-0.16	0.82	0.75	-0.32	0.03	0.67	0.07	-0.43	0.78	0.75	0.75	0.48	0.8
Total Stockholder Equity	0.98	0.81	0.89		0.84	0.46	0.83	0.87	0.16	-0.14	0.88	0.77	0.5	-0.14	0.95	0.88	-0.34	-0.13	0.83	-0.08	-0.55	0.88	0.72	0.76	0.14	0.88
Other Liab	0.85	0.92	0.74	0.84		0.78	0.98	0.96	0.19	-0.07	0.98	0.81	0.7	-0.06	0.83	0.98	-0.72	-0.27	0.96	-0.23	-0.72	0.97	0.9	0.52	-0.09	0.98
Property Plant And Equipment Net	0.47	0.7	0.36	0.46	0.78		0.77	0.66	0.27	-0.01	0.67	0.52	0.68	0.01	0.57	0.66	-0.75	-0.24	0.7	-0.21	-0.7	0.68	0.79	0.3	-0.29	0.7
Current Deferred Revenue	0.85	0.93	0.7	0.83	0.98	0.77		0.96	0.17	0.01	0.97	0.83	0.66	0.03	0.84	0.97	-0.77	-0.38	0.96	-0.34	-0.78	0.97	0.85	0.48	-0.18	0.96
Net Debt	0.92	0.9	0.74	0.87	0.96	0.66	0.96		0.18	-0.14	1.0	0.91	0.53	-0.13	0.87	1.0	-0.66	-0.27	0.99	-0.22	-0.7	0.99	0.77	0.52	-0.14	0.98
Accounts Payable	0.23	0.15	0.22	0.16	0.19	0.27	0.17	0.18		0.19	0.2	0.39	-0.14	0.18	0.33	0.15	-0.34	-0.21	0.21	-0.19	-0.58	0.22	0.24	0.24	-0.15	0.19
Cash	-0.11	0.05	-0.16	-0.14	-0.07	-0.01	0.01	-0.14	0.19		-0.1	-0.06	-0.02	1.0	-0.14	-0.1	-0.3	-0.51	-0.07	-0.51	-0.27	-0.09	0.0	0.0	-0.24	-0.13
Non Current Assets Total	0.92	0.92	0.78	0.88	0.98	0.67	0.97	1.0	0.2	-0.1		0.89	0.58	-0.09	0.88	1.0	-0.68	-0.28	0.98	-0.23	-0.71	1.0	0.82	0.54	-0.1	0.98
Non Currrent Assets Other	0.86	0.83	0.63	0.77	0.81	0.52	0.83	0.91	0.39	-0.06	0.89		0.22	-0.05	0.8	0.88	-0.59	-0.23	0.92	-0.18	-0.68	0.91	0.57	0.55	-0.31	0.83
Other Assets	0.38	0.59	0.51	0.5	0.7	0.68	0.66	0.53	-0.14	-0.02	0.58	0.22		0.0	0.44	0.58	-0.5	-0.12	0.51	-0.11	-0.32	0.56	0.84	0.28	0.23	0.61
Cash And Short Term Investments	-0.11	0.07	-0.16	-0.14	-0.06	0.01	0.03	-0.13	0.18	1.0	-0.09	-0.05	0.0		-0.14	-0.09	-0.33	-0.51	-0.05	-0.51	-0.28	-0.08	0.02	-0.01	-0.24	-0.11
Net Receivables	0.96	0.77	0.82	0.95	0.83	0.57	0.84	0.87	0.33	-0.14	0.88	0.8	0.44	-0.14		0.86	-0.44	-0.26	0.84	-0.21	-0.71	0.87	0.7	0.69	0.0	0.87
Good Will	0.91	0.91	0.75	0.88	0.98	0.66	0.97	1.0	0.15	-0.1	1.0	0.88	0.58	-0.09	0.86		-0.68	-0.28	0.99	-0.24	-0.7	0.99	0.8	0.52	-0.12	0.98
Common Stock Shares Outstanding	-0.42	-0.65	-0.32	-0.34	-0.72	-0.75	-0.77	-0.66	-0.34	-0.3	-0.68	-0.59	-0.5	-0.33	-0.44	-0.68		0.62	-0.71	0.6	0.84	-0.68	-0.68	-0.01	0.33	-0.68
Short Term Investments	-0.22	-0.19	0.03	-0.13	-0.27	-0.24	-0.38	-0.27	-0.21	-0.51	-0.28	-0.23	-0.12	-0.51	-0.26	-0.28	0.62		-0.31	1.0	0.71	-0.25	-0.2	0.33	0.41	-0.27
Non Current Liabilities Total	0.89	0.91	0.67	0.83	0.96	0.7	0.96	0.99	0.21	-0.07	0.98	0.92	0.51	-0.05	0.84	0.99	-0.71	-0.31		-0.26	-0.74	0.99	0.75	0.5	-0.26	0.95
Other Current Assets	-0.17	-0.15	0.07	-0.08	-0.23	-0.21	-0.34	-0.22	-0.19	-0.51	-0.23	-0.18	-0.11	-0.51	-0.21	-0.24	0.6	1.0	-0.26		0.67	-0.2	-0.16	0.38	0.42	-0.23
Other Stockholder Equity	-0.64	-0.62	-0.43	-0.55	-0.72	-0.7	-0.78	-0.7	-0.58	-0.27	-0.71	-0.68	-0.32	-0.28	-0.71	-0.7	0.84	0.71	-0.74	0.67		-0.71	-0.63	-0.21	0.36	-0.72
Total Liab	0.92	0.92	0.78	0.88	0.97	0.68	0.97	0.99	0.22	-0.09	1.0	0.91	0.56	-0.08	0.87	0.99	-0.68	-0.25	0.99	-0.2	-0.71		0.81	0.58	-0.1	0.98
Property Plant And Equipment Gross	0.67	0.82	0.75	0.72	0.9	0.79	0.85	0.77	0.24	0.0	0.82	0.57	0.84	0.02	0.7	0.8	-0.68	-0.2	0.75	-0.16	-0.63	0.81		0.49	0.17	0.86
Total Current Assets	0.7	0.6	0.75	0.76	0.52	0.3	0.48	0.52	0.24	0.0	0.54	0.55	0.28	-0.01	0.69	0.52	-0.01	0.33	0.5	0.38	-0.21	0.58	0.49		0.25	0.53
Short Term Debt	-0.01	-0.16	0.48	0.14	-0.09	-0.29	-0.18	-0.14	-0.15	-0.24	-0.1	-0.31	0.23	-0.24	0.0	-0.12	0.33	0.41	-0.26	0.42	0.36	-0.1	0.17	0.25		-0.02
Intangible Assets	0.9	0.89	0.8	0.88	0.98	0.7	0.96	0.98	0.19	-0.13	0.98	0.83	0.61	-0.11	0.87	0.98	-0.68	-0.27	0.95	-0.23	-0.72	0.98	0.86	0.53	-0.02

Click cells to compare fundamentals

Broadridge Financial Account Relationship Matchups

Broadridge Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9B	8.1B	8.2B	8.2B	8.2B	4.3B
Other Current Liab	560.1M	813.6M	783.7M	751.6M	957.3M	1.0B
Total Current Liabilities	1.3B	1.3B	1.3B	2.4B	1.4B	1.1B
Total Stockholder Equity	1.3B	1.8B	1.9B	2.2B	2.2B	1.3B
Other Liab	526.4M	1.1B	915.5M	1.2B	1.3B	1.4B
Property Plant And Equipment Net	161.6M	177.2M	150.9M	145.7M	348.4M	365.8M
Current Deferred Revenue	111.2M	185.3M	198.5M	199.8M	227.4M	238.8M
Net Debt	1.3B	3.6B	3.6B	3.2B	3.3B	3.4B
Accounts Payable	829.9M	248.9M	244.9M	157.3M	314M	232.8M
Cash	476.6M	274.5M	224.7M	252.3M	304.4M	324.1M
Non Current Assets Total	3.6B	6.9B	6.8B	6.8B	6.7B	7.0B
Non Currrent Assets Other	1.1B	1.5B	1.9B	829.2M	1.1B	1.2B
Other Assets	300K	200K	(100K)	1.2B	1.4B	1.5B
Cash And Short Term Investments	476.6M	274.5M	224.7M	252.3M	305.2M	344.2M
Net Receivables	711.3M	820.3M	946.9M	974M	1.1B	615.1M
Good Will	1.7B	3.7B	3.5B	3.5B	3.5B	3.6B
Common Stock Shares Outstanding	117M	117.8M	118.5M	119M	119.1M	101.1M
Short Term Investments	400K	500K	700K	600K	800K	760K
Liabilities And Stockholders Equity	4.9B	8.1B	8.2B	8.2B	8.2B	4.3B
Non Current Liabilities Total	2.2B	5.0B	4.9B	3.6B	4.7B	4.9B
Other Current Assets	140.1M	166.5M	127.5M	132.1M	139.6M	127.7M
Other Stockholder Equity	(857.2M)	(785.4M)	(680.2M)	(589.3M)	(936.8M)	(890.0M)
Total Liab	3.5B	6.3B	6.2B	6.0B	6.1B	6.4B
Property Plant And Equipment Gross	454.2M	439.2M	150.9M	752.2M	792.8M	832.4M
Total Current Assets	1.3B	1.3B	1.3B	1.4B	1.5B	997.1M
Accumulated Other Comprehensive Income	(100.4M)	9.2M	(226.3M)	(284.7M)	(331.7M)	(315.1M)
Short Term Debt	399.9M	40.2M	(194M)	1.2B	38M	36.1M
Intangible Assets	583.8M	1.4B	1.1B	1.5B	1.3B	1.4B
Property Plant Equipment	454.2M	177.2M	150.9M	145.7M	167.6M	150.5M
Short Long Term Debt Total	1.8B	3.9B	3.8B	3.4B	3.6B	3.8B
Retained Earnings	2.3B	2.6B	2.8B	3.1B	3.4B	3.6B
Long Term Debt	1.4B	3.9B	3.8B	2.2B	3.4B	3.5B
Treasury Stock	(1.6B)	(2.0B)	(2.0B)	(2.0B)	(1.8B)	(1.7B)
Net Tangible Assets	(911.8M)	(3.3B)	(2.6B)	(2.7B)	(2.4B)	(2.3B)
Retained Earnings Total Equity	2.3B	2.6B	2.8B	3.1B	3.6B	3.8B
Long Term Debt Total	1.4B	3.9B	3.8B	2.2B	2.6B	1.6B
Capital Surpluse	1.2B	1.2B	1.3B	1.4B	1.7B	1.1B
Inventory	21.5M	23.2M	29.3M	34.1M	30.5M	19.1M

Pair Trading with Broadridge Financial

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 Broadridge Financial 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 Broadridge Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Broadridge Stock

0.85	G	Genpact Limited	Pair Corr
0.61	BV	BrightView Holdings	Pair Corr

Moving against Broadridge Stock

0.77	VCIG	VCI Global Limited	Pair Corr
0.56	DLHC	DLH Holdings Corp Earnings Call This Week	Pair Corr
0.55	FC	Franklin Covey	Pair Corr
0.5	MG	Mistras Group	Pair Corr
0.31	VLTO	Veralto	Pair Corr

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

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

Additional Tools for Broadridge Stock Analysis

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

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