BRK-B Stock | | | USD 463.41 3.28 0.71% |
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 Days Payables Outstanding and its Payables Turnover 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 closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Days Payables Outstanding vs Payables Turnover
Days Payables Outstanding vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Berkshire Hathaway Days Payables Outstanding account and
Payables Turnover. At this time, the significance of the direction appears to have pay attention.
The correlation between Berkshire Hathaway's Days Payables Outstanding and Payables Turnover is -0.95. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Payables Turnover 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 Days Payables Outstanding and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Berkshire Hathaway are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Days Payables Outstanding i.e., Berkshire Hathaway's Days Payables Outstanding and Payables Turnover go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Days Payables Outstanding
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
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 closely tied 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.
Berkshire Hathaway fundamental ratios Correlations
Click cells to compare fundamentals
Berkshire Hathaway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Berkshire Hathaway fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Berkshire Stock
Balance Sheet is a snapshot of the
financial position of Berkshire Hathaway at a specified time, usually calculated after every quarter, six months, or one year. Berkshire Hathaway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Berkshire Hathaway and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Berkshire currently owns. An asset can also be divided into two categories, current and non-current.