Brookfield Property Plant And Equipment Gross vs Other Assets Analysis

BEP Stock  USD 26.63  1.18  4.24%   
Brookfield Renewable financial indicator trend analysis is way more than just evaluating Brookfield Renewable prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Renewable is a good investment. Please check the relationship between Brookfield Renewable Property Plant And Equipment Gross and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Property Plant And Equipment Gross vs Other Assets

Property Plant And Equipment Gross vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Renewable Property Plant And Equipment Gross account and Other Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Brookfield Renewable's Property Plant And Equipment Gross and Other Assets is 0.29. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Other Assets in the same time period over historical financial statements of Brookfield Renewable Partners, assuming nothing else is changed. The correlation between historical values of Brookfield Renewable's Property Plant And Equipment Gross and Other Assets 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 And Equipment Gross of Brookfield Renewable Partners are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Brookfield Renewable's Property Plant And Equipment Gross and Other Assets go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Gross

Other Assets

Most indicators from Brookfield Renewable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Renewable 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 Brookfield Renewable Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Brookfield Renewable's Selling General Administrative is relatively stable compared to the past year. As of 06/08/2024, Enterprise Value Over EBITDA is likely to grow to 23.00, while Sales General And Administrative To Revenue is likely to drop 0.03.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B3.3B1.1B961.8M
Total Revenue4.1B4.7B5.0B5.3B

Brookfield Renewable fundamental ratios Correlations

0.990.40.930.391.0-0.131.0-0.020.420.91.00.30.890.87-0.410.591.00.370.150.091.00.990.970.9-0.23
0.990.350.930.410.99-0.121.0-0.050.450.910.990.310.910.9-0.410.571.00.370.10.161.00.990.980.9-0.25
0.40.350.41-0.460.39-0.120.350.08-0.50.450.41-0.670.510.07-0.11-0.010.40.160.22-0.730.410.40.30.6-0.19
0.930.930.410.370.93-0.40.93-0.010.530.890.930.170.890.9-0.340.460.910.24-0.10.130.940.940.910.94-0.33
0.390.41-0.460.370.410.040.420.470.690.290.390.690.220.45-0.40.550.37-0.210.10.520.380.450.370.180.41
1.00.990.390.930.41-0.110.990.010.430.881.00.310.880.86-0.420.620.990.380.150.091.00.990.960.89-0.2
-0.13-0.12-0.12-0.40.04-0.11-0.110.23-0.49-0.12-0.120.08-0.12-0.38-0.020.26-0.080.310.3-0.18-0.14-0.17-0.2-0.250.44
1.01.00.350.930.420.99-0.11-0.050.450.90.990.320.90.9-0.410.581.00.380.110.161.00.990.970.9-0.25
-0.02-0.050.08-0.010.470.010.23-0.05-0.08-0.07-0.01-0.01-0.1-0.280.010.3-0.04-0.290.23-0.36-0.040.05-0.19-0.040.86
0.420.45-0.50.530.690.43-0.490.45-0.080.280.420.720.230.72-0.210.340.380.01-0.30.720.420.440.490.24-0.14
0.90.910.450.890.290.88-0.120.9-0.070.280.890.11.00.82-0.270.420.90.20.020.120.910.90.920.95-0.28
1.00.990.410.930.391.0-0.120.99-0.010.420.890.290.890.87-0.420.61.00.380.150.081.00.990.960.9-0.22
0.30.31-0.670.170.690.310.080.32-0.010.720.10.290.040.46-0.090.470.280.080.20.670.270.290.36-0.060.19
0.890.910.510.890.220.88-0.120.9-0.10.231.00.890.040.8-0.280.40.90.230.030.070.910.90.910.96-0.33
0.870.90.070.90.450.86-0.380.9-0.280.720.820.870.460.8-0.30.420.870.25-0.130.490.880.870.940.79-0.44
-0.41-0.41-0.11-0.34-0.4-0.42-0.02-0.410.01-0.21-0.27-0.42-0.09-0.28-0.3-0.24-0.41-0.18-0.21-0.06-0.4-0.4-0.37-0.280.13
0.590.57-0.010.460.550.620.260.580.30.340.420.60.470.40.42-0.240.580.210.240.110.560.590.490.370.17
1.01.00.40.910.370.99-0.081.0-0.040.380.91.00.280.90.87-0.410.580.40.160.11.00.990.970.9-0.24
0.370.370.160.24-0.210.380.310.38-0.290.010.20.380.080.230.25-0.180.210.4-0.2-0.170.370.260.290.24-0.24
0.150.10.22-0.10.10.150.30.110.23-0.30.020.150.20.03-0.13-0.210.240.16-0.2-0.290.110.170.13-0.050.37
0.090.16-0.730.130.520.09-0.180.16-0.360.720.120.080.670.070.49-0.060.110.1-0.17-0.290.110.110.26-0.03-0.24
1.01.00.410.940.381.0-0.141.0-0.040.420.911.00.270.910.88-0.40.561.00.370.110.110.990.970.92-0.26
0.990.990.40.940.450.99-0.170.990.050.440.90.990.290.90.87-0.40.590.990.260.170.110.990.960.91-0.19
0.970.980.30.910.370.96-0.20.97-0.190.490.920.960.360.910.94-0.370.490.970.290.130.260.970.960.88-0.35
0.90.90.60.940.180.89-0.250.9-0.040.240.950.9-0.060.960.79-0.280.370.90.24-0.05-0.030.920.910.88-0.36
-0.23-0.25-0.19-0.330.41-0.20.44-0.250.86-0.14-0.28-0.220.19-0.33-0.440.130.17-0.24-0.240.37-0.24-0.26-0.19-0.35-0.36
Click cells to compare fundamentals

Brookfield Renewable Account Relationship Matchups

Brookfield Renewable fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.2B49.7B55.9B64.1B75.7B79.5B
Short Long Term Debt Total17.7B18.1B22.0B27.5B30.3B31.8B
Other Current Liab383M297M406M(2.3B)2.6B2.8B
Total Current Liabilities2.4B6.5B3.2B6.1B8.0B8.4B
Total Stockholder Equity2.0B21.8B24.0B26.3B4.7B6.4B
Property Plant And Equipment Net41.1B44.6B49.4B54.3B63.7B66.9B
Current Deferred Revenue734M(297M)760M34.8M40.0M38.0M
Net Debt17.3B17.7B21.2B26.5B28.9B30.3B
Retained Earnings(508.3M)17.9B20.5B(4.9B)2.1B3.1B
Accounts Payable152M4.4B208M6.1B386.0M530.4M
Cash352M431M764M998M1.4B1.5B
Non Current Assets Total44.2B47.6B53.0B59.3B71.2B74.7B
Other Assets765M769M810M1.3B2.2B0.95
Cash And Short Term Investments440M431M764M998M1.6B1.7B
Net Receivables896M1.7B899M3.7B2.5B2.6B
Common Stock Shares Outstanding268.5M274.8M275.1M275.4M287.2M186.9M
Liabilities And Stockholders Equity40.8B49.7B55.9B64.1B75.7B79.5B
Non Current Liabilities Total23.3B21.5B28.6B31.7B37.9B39.8B
Inventory536.0M26M31M42M110.4M116.0M
Other Current Assets148.0M(26M)1.2B86M326.3M207.4M
Other Stockholder Equity(4.0B)(988M)(1.5B)26.3B(2.1B)(2.0B)
Total Liab25.7B28.0B31.9B37.8B45.9B48.2B
Property Plant And Equipment Gross30.7B44.6B49.4B54.3B64.0B67.2B
Total Current Assets2.0B2.1B2.9B4.7B4.6B4.8B
Accumulated Other Comprehensive Income5.7B4.8B5.6B6.0B6.0B6.4B
Short Term Debt1.2B2.1B1.8B2.3B5.0B5.2B
Common Stock2.3M4.2B9.6B(1.9B)(2.2B)(2.1B)
Non Currrent Assets Other603M1.0B1.1B(176M)73.5M69.9M
Other Liab6.7B7.7B6.2B9.8B11.2B11.8B
Net Tangible Assets6.8B7.8B9.2B8.5B9.7B10.2B
Long Term Debt16.2B15.9B21.5B25.2B24.8B26.0B
Good Will949M970M966M3.7B1.9B2.0B
Short Term Investments60M88M62M125M198.0M207.9M
Long Term Investments1.9B971M1.1B1.4B4.3B4.5B
Short Long Term Debt685M2.1B2.1B2.3B4.9B5.2B
Intangible Assets241M232M218M209M15M14.3M
Property Plant Equipment41.1B44.6B49.4B54.3B62.4B65.5B
Long Term Debt Total16.2B18.1B21.5B23.1B26.6B15.8B

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Additional Tools for Brookfield Stock Analysis

When running Brookfield Renewable's price analysis, check to measure Brookfield Renewable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookfield Renewable is operating at the current time. Most of Brookfield Renewable's value examination focuses on studying past and present price action to predict the probability of Brookfield Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Renewable's price. Additionally, you may evaluate how the addition of Brookfield Renewable to your portfolios can decrease your overall portfolio volatility.