BRP Interest Expense vs Gross Profit Analysis
DOOO Stock | USD 52.59 0.82 1.58% |
BRP financial indicator trend analysis is way more than just evaluating BRP Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRP Inc is a good investment. Please check the relationship between BRP Interest Expense and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BRP Inc Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between BRP's Interest Expense and Gross Profit is 0.68. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of BRP Inc, assuming nothing else is changed. The correlation between historical values of BRP's Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of BRP Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., BRP's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of BRP Inc minus its cost of goods sold. It is profit before BRP operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from BRP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRP Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, BRP's Issuance Of Capital Stock is very stable compared to the past year. As of the 22nd of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.04, while Selling General Administrative is likely to drop about 259.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.1B | 2.5B | 2.6B | 1.5B | Total Revenue | 7.6B | 10.0B | 10.4B | 5.9B |
BRP fundamental ratios Correlations
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BRP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BRP fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.9B | 5.0B | 6.5B | 6.8B | 3.9B | |
Other Current Liab | 677M | 1.2B | 1.1B | 1.2B | 1.2B | 618.9M | |
Total Current Liabilities | 1.9B | 2.2B | 2.6B | 2.5B | 2.5B | 1.7B | |
Total Stockholder Equity | (589.7M) | (478.7M) | (135.6M) | 534.9M | 808.9M | 849.3M | |
Other Liab | 524.5M | 635.9M | 577.6M | 489.4M | 562.8M | 446.5M | |
Net Tangible Assets | (1.2B) | (943.8M) | (630.5M) | (206.4M) | (185.8M) | (195.0M) | |
Retained Earnings | (757M) | (575.9M) | (404.3M) | 175.5M | 443.1M | 465.3M | |
Accounts Payable | 1.1B | 814.7M | 965.3M | 943.7M | 1.0B | 714.4M | |
Cash | 42.5M | 1.3B | 265.8M | 202.3M | 491.8M | 343.9M | |
Other Assets | 187.6M | 222.5M | 248.4M | 293.3M | 337.3M | 188.0M | |
Long Term Debt | 1.6B | 2.4B | 1.9B | 2.7B | 2.7B | 1.6B | |
Net Receivables | 417.5M | 249.3M | 336.1M | 490.1M | 533M | 368.4M | |
Common Stock Total Equity | 234.8M | 217.8M | 190.6M | 210.4M | 242.0M | 248.9M | |
Short Term Investments | 19.1M | 76.5M | 73.6M | 122.6M | 106.6M | 111.9M | |
Inventory | 1.2B | 1.1B | 1.7B | 2.3B | 2.2B | 1.1B | |
Other Current Assets | 26.8M | 200M | 301.3M | 275.5M | 348.4M | 365.8M | |
Other Stockholder Equity | (28.5M) | (154M) | (3.2M) | 58.8M | 71.8M | 75.4M | |
Total Liab | 4.4B | 5.4B | 5.2B | 5.9B | 6.0B | 3.9B | |
Long Term Investments | 20.2M | 31.6M | 53.2M | 69.3M | 49.6M | 26.0M | |
Short Long Term Debt | 17.9M | 25.3M | 103.1M | 88.4M | 58.1M | 31.0M | |
Total Current Assets | 1.7B | 2.9B | 2.7B | 3.4B | 3.5B | 1.9B | |
Accumulated Other Comprehensive Income | 5.2M | 40.8M | 11.3M | 44.8M | 45.5M | 47.8M | |
Short Term Debt | 49.5M | 58.8M | 132.5M | 133.1M | 104.4M | 109.6M | |
Intangible Assets | 379.9M | 349.1M | 379M | 489M | 412.8M | 329.8M | |
Common Stock | 190.6M | 210.4M | 260.6M | 255.8M | 248.5M | 260.6M | |
Property Plant Equipment | 905.1M | 1.2B | 1.3B | 1.6B | 1.8B | 1.9B | |
Short Long Term Debt Total | 1.9B | 2.6B | 2.2B | 3.0B | 3.0B | 1.8B | |
Property Plant And Equipment Net | 1.2B | 1.3B | 1.6B | 2.0B | 2.2B | 1.2B | |
Current Deferred Revenue | 71.8M | 72.4M | 247.9M | 85.3M | 89.9M | 85.4M | |
Net Debt | 1.8B | 1.3B | 1.9B | 2.8B | 2.5B | 1.5B | |
Non Current Assets Total | 2.1B | 2.0B | 2.4B | 3.1B | 3.2B | 1.9B | |
Non Currrent Assets Other | 15.9M | 21.3M | 27.3M | 24.8M | 358M | 375.9M | |
Cash And Short Term Investments | 61.6M | 1.4B | 339.4M | 324.9M | 491.8M | 403.6M | |
Common Stock Shares Outstanding | 93.8M | 88.6M | 85.3M | 80.9M | 78.5M | 81.1M | |
Liabilities And Stockholders Equity | 3.8B | 4.9B | 5.0B | 6.5B | 6.8B | 4.0B | |
Non Current Liabilities Total | 2.5B | 3.2B | 2.5B | 3.4B | 3.5B | 2.3B | |
Property Plant And Equipment Gross | 1.2B | 1.3B | 2.9B | 3.5B | 3.9B | 4.1B |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Leisure Products 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 BRP. If investors know BRP 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 BRP 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 (0.98) | Earnings Share 2.08 | Revenue Per Share 120.205 | Quarterly Revenue Growth (0.34) | Return On Assets 0.0804 |
The market value of BRP Inc is measured differently than its book value, which is the value of BRP that is recorded on the company's balance sheet. Investors also form their own opinion of BRP's value that differs from its market value or its book value, called intrinsic value, which is BRP'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 BRP's market value can be influenced by many factors that don't directly affect BRP'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 BRP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRP'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.