BRP Total Stockholder Equity vs Common Stock Total Equity 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 Total Stockholder Equity and its Common Stock Total Equity 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.
Total Stockholder Equity vs Common Stock Total Equity
Total Stockholder Equity vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BRP Inc Total Stockholder Equity account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BRP's Total Stockholder Equity and Common Stock Total Equity is 0.1. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Total Equity 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 Total Stockholder Equity and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of BRP Inc are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Stockholder Equity i.e., BRP's Total Stockholder Equity and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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 |
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
0.8 | DOGZ | Dogness International | PairCorr |
0.79 | GIL | Gildan Activewear | PairCorr |
0.63 | RL | Ralph Lauren Corp | PairCorr |
0.56 | AS | Amer Sports, | PairCorr |
0.53 | VOXX | VOXX International | PairCorr |
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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.