BRP Long Term Debt vs Total Current Liabilities 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 Long Term Debt and its Total Current Liabilities 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.
Long Term Debt vs Total Current Liabilities
Long Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BRP Inc Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BRP's Long Term Debt and Total Current Liabilities is 0.92. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Liabilities 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 Long Term Debt and Total Current Liabilities 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 Debt of BRP Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Debt i.e., BRP's Long Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that BRP Inc has held for over one year. Long-term debt appears on BRP Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on BRP Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Current Liabilities
Total Current Liabilities is an item on BRP balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BRP Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 23rd 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 |
Pair Trading with BRP
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 BRP 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 BRP will appreciate offsetting losses from the drop in the long position's value.Moving against BRP Stock
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The ability to find closely correlated positions to BRP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRP 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 BRP - 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 BRP Inc to buy it.
The correlation of BRP 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 BRP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRP Inc 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 BRP 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.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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.