Brookfield Total Current Liabilities vs Net Receivables Analysis

BEP Stock  USD 27.87  0.59  2.16%   
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 Total Current Liabilities and its Net Receivables 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 tightly coupled with the direction of predictive economic indicators such as signals in income.

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Renewable Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brookfield Renewable's Total Current Liabilities and Net Receivables is 0.9. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables 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 Total Current Liabilities 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 Total Current Liabilities of Brookfield Renewable Partners 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 Total Current Liabilities i.e., Brookfield Renewable's Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Brookfield Renewable balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Brookfield Renewable Partners 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.

Net Receivables

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 tightly coupled 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 06/01/2024, 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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When determining whether Brookfield Renewable is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Brookfield Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Brookfield Renewable Partners Stock. Highlighted below are key reports to facilitate an investment decision about Brookfield Renewable Partners Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Brookfield Renewable information on this page should be used as a complementary analysis to other Brookfield Renewable's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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Is Brookfield Renewable's industry 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 Brookfield Renewable. If investors know Brookfield 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 Brookfield Renewable 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
(0.43)
Dividend Share
1.365
Earnings Share
(0.46)
Revenue Per Share
10.73
Quarterly Revenue Growth
0.121
The market value of Brookfield Renewable is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Renewable's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Renewable'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 Brookfield Renewable's market value can be influenced by many factors that don't directly affect Brookfield Renewable'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 Brookfield Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Renewable'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.