Brown Property Plant Equipment vs Net Receivables Analysis

BRO Stock  USD 112.05  1.30  1.17%   
Brown Brown financial indicator trend analysis is way more than just evaluating Brown Brown prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brown Brown is a good investment. Please check the relationship between Brown Brown Property Plant Equipment and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brown Brown. 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.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.

Property Plant Equipment vs Net Receivables

Property Plant Equipment vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brown Brown Property Plant Equipment account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brown Brown's Property Plant Equipment and Net Receivables is 0.93. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Brown Brown, assuming nothing else is changed. The correlation between historical values of Brown Brown's Property Plant Equipment and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Brown Brown are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., Brown Brown's Property Plant Equipment and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Net Receivables

Most indicators from Brown Brown's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brown Brown 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 Brown Brown. 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.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.At this time, Brown Brown's Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value is likely to grow to about 916.5 M, while Tax Provision is likely to drop about 169 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.8B1.4B1.5B
Total Revenue3.0B3.6B4.3B4.5B

Brown Brown fundamental ratios Correlations

0.990.90.990.980.930.970.990.811.00.140.80.980.580.990.94-0.011.00.941.00.860.990.130.780.90.19
0.990.910.990.950.920.990.960.760.990.130.750.970.51.00.950.011.00.930.990.860.970.090.740.860.12
0.90.910.930.850.820.930.860.580.890.260.570.920.420.890.950.150.920.880.910.880.87-0.290.50.69-0.07
0.990.990.930.960.90.980.970.750.980.190.750.980.530.970.940.020.990.930.990.910.960.070.740.840.17
0.980.950.850.960.930.911.00.850.990.150.840.940.660.950.9-0.040.960.940.970.830.980.180.80.940.25
0.930.920.820.90.930.890.930.810.930.050.80.90.440.940.91-0.170.920.960.920.740.90.130.70.890.1
0.970.990.930.980.910.890.930.670.970.180.660.960.460.980.950.020.980.920.970.890.950.020.670.820.02
0.990.960.860.971.00.930.930.850.990.120.850.960.620.960.91-0.050.970.940.980.830.970.180.810.940.26
0.810.760.580.750.850.810.670.850.81-0.121.00.760.560.80.68-0.050.780.730.810.510.790.390.890.820.55
1.00.990.890.980.990.930.970.990.810.160.80.970.60.990.93-0.010.990.950.990.860.990.130.780.910.18
0.140.130.260.190.150.050.180.12-0.120.16-0.120.020.230.080.30.310.130.310.110.550.15-0.37-0.06-0.03-0.41
0.80.750.570.750.840.80.660.851.00.8-0.120.760.560.790.67-0.050.780.720.810.510.780.40.890.820.56
0.980.970.920.980.940.90.960.960.760.970.020.760.490.970.92-0.020.980.90.990.830.950.090.720.850.22
0.580.50.420.530.660.440.460.620.560.60.230.560.490.520.410.080.530.480.540.480.670.180.520.630.36
0.991.00.890.970.950.940.980.960.80.990.080.790.970.520.93-0.020.990.920.980.820.980.130.770.880.15
0.940.950.950.940.90.910.950.910.680.930.30.670.920.410.930.160.940.950.930.90.9-0.140.580.77-0.05
-0.010.010.150.02-0.04-0.170.02-0.05-0.05-0.010.31-0.05-0.020.08-0.020.160.0-0.08-0.010.150.02-0.4-0.19-0.2-0.03
1.01.00.920.990.960.920.980.970.780.990.130.780.980.530.990.940.00.941.00.870.980.10.760.870.16
0.940.930.880.930.940.960.920.940.730.950.310.720.90.480.920.95-0.080.940.930.890.910.040.670.860.0
1.00.990.910.990.970.920.970.980.810.990.110.810.990.540.980.93-0.011.00.930.860.970.120.790.880.22
0.860.860.880.910.830.740.890.830.510.860.550.510.830.480.820.90.150.870.890.860.83-0.090.540.66-0.03
0.990.970.870.960.980.90.950.970.790.990.150.780.950.670.980.90.020.980.910.970.830.140.760.910.19
0.130.09-0.290.070.180.130.020.180.390.13-0.370.40.090.180.13-0.14-0.40.10.040.12-0.090.140.540.330.66
0.780.740.50.740.80.70.670.810.890.78-0.060.890.720.520.770.58-0.190.760.670.790.540.760.540.790.53
0.90.860.690.840.940.890.820.940.820.91-0.030.820.850.630.880.77-0.20.870.860.880.660.910.330.790.24
0.190.12-0.070.170.250.10.020.260.550.18-0.410.560.220.360.15-0.05-0.030.160.00.22-0.030.190.660.530.24
Click cells to compare fundamentals

Brown Brown Account Relationship Matchups

Brown Brown fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6B9.0B9.8B14.0B14.9B15.6B
Short Long Term Debt Total1.7B2.3B2.2B4.1B4.0B4.2B
Other Current Liab396.2M317.7M1.9B3.5B3.3B3.5B
Total Current Liabilities2.0B2.4B2.7B4.6B5.0B5.2B
Total Stockholder Equity3.4B3.8B4.2B4.6B5.6B5.9B
Property Plant And Equipment Net332.9M388.1M409M454.8M469.1M492.6M
Net Debt1.2B1.5B1.3B3.5B3.3B3.5B
Retained Earnings3.1B3.5B4.0B4.6B5.3B5.6B
Cash542.2M817.4M887.1M650M700.3M735.3M
Non Current Assets Total5.1B6.0B6.5B9.0B9.8B10.2B
Non Currrent Assets Other(223.5M)(194.6M)(180.0M)(353.1M)301.8M316.9M
Cash And Short Term Investments554.5M835.7M900M662M711.3M746.9M
Net Receivables1.0B1.1B1.3B2.4B2.0B2.1B
Common Stock Shares Outstanding274.6M275.9M277.4M278.6M280.8M366.4M
Liabilities And Stockholders Equity7.6B9.0B9.8B14.0B14.9B15.6B
Non Current Liabilities Total2.2B2.9B2.9B4.8B4.3B4.6B
Other Current Assets152.1M979.8M1.3B2.0B2.4B2.5B
Other Stockholder Equity(3.0B)203.6M175.5M171.7M279M293.0M
Total Liab4.3B5.2B5.6B9.4B9.3B9.8B
Property Plant And Equipment Gross332.9M388.1M409M454.8M723.4M759.6M
Total Current Assets2.5B3.0B3.3B5.0B5.1B5.4B
Short Term Debt55M113.5M85.9M295.6M614.1M644.8M
Intangible Assets916.8M1.0B1.1B1.6B1.6B1.7B
Accounts Payable1.1B1.4B242.7M286.5M458.9M308.0M
Current Deferred Revenue479.8M480.1M514.6M412.3M540.6M567.6M
Common Stock Total Equity29.3M29.7M30.0M30.1M34.6M36.3M
Short Term Investments12.9M12.3M18.3M12M11M8.2M
Common Stock29.7M30M30.1M30.3M30.4M31.9M
Other Liab559.0M659.1M770.7M882.9M1.0B1.1B
Other Assets104.9M562.7M206.8M230.9M32.4M30.8M
Long Term Debt1.5B2.0B2.0B3.7B3.2B3.4B
Inventory786.8M832.1M975.4M1.8B1.00.95
Property Plant Equipment148.6M201.1M409M454.8M523.0M549.2M
Good Will3.7B4.4B4.7B6.7B7.3B7.7B
Net Tangible Assets(1.1B)(1.5B)(1.6B)(3.7B)(3.3B)(3.1B)
Retained Earnings Total Equity2.8B3.1B3.5B4.0B4.6B2.5B
Long Term Debt Total1.5B2.0B2.0B3.7B4.2B4.5B
Capital Surpluse716.0M794.9M849.4M919.7M1.1B591.9M
Deferred Long Term Liab328.3M344.2M386.8M76M87.4M83.0M

Pair Trading with Brown Brown

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

Moving together with Brown Stock

  0.74EHTH eHealthPairCorr
  0.87AON Aon PLCPairCorr

Moving against Brown Stock

  0.75RELI Reliance Global GroupPairCorr
  0.71ERIE Erie IndemnityPairCorr
  0.5ZBAO Zhibao Technology ClassPairCorr
  0.4TIRX Tian Ruixiang HoldingsPairCorr
The ability to find closely correlated positions to Brown Brown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Brown 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 Brown Brown - 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 Brown Brown to buy it.
The correlation of Brown Brown 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 Brown Brown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Brown 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 Brown Brown 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 CorrelationCorrelation Matching
When determining whether Brown Brown offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brown Brown's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brown Brown Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brown Brown Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brown Brown. 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.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Insurance Brokers space 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 Brown Brown. If investors know Brown 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 Brown Brown 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
0.311
Dividend Share
0.52
Earnings Share
3.68
Revenue Per Share
16.261
Quarterly Revenue Growth
0.099
The market value of Brown Brown is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Brown's value that differs from its market value or its book value, called intrinsic value, which is Brown Brown's 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 Brown Brown's market value can be influenced by many factors that don't directly affect Brown Brown's 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 Brown Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Brown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Brown's 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.