Brown Capex To Depreciation vs Free Cash Flow Yield Analysis

BF-B Stock  USD 48.47  0.22  0.45%   
Brown Forman financial indicator trend analysis is way more than just evaluating Brown Forman prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brown Forman is a good investment. Please check the relationship between Brown Forman Capex To Depreciation and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brown Forman. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brown Forman Capex To Depreciation account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.
The correlation between Brown Forman's Capex To Depreciation and Free Cash Flow Yield is 0.3. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Brown Forman, assuming nothing else is changed. The correlation between historical values of Brown Forman's Capex To Depreciation and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Brown Forman are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Capex To Depreciation i.e., Brown Forman's Capex To Depreciation and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Brown Forman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brown Forman 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 Brown Forman. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, Brown Forman's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 29.11, whereas Selling General Administrative is forecasted to decline to about 494.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.4B2.5B2.9B1.5B
Total Revenue3.9B4.2B4.9B2.4B

Brown Forman fundamental ratios Correlations

0.92-0.290.910.930.980.850.660.390.980.950.390.97-0.680.950.990.60.260.960.930.980.350.880.950.93-0.46
0.92-0.080.880.710.970.960.50.330.890.950.340.86-0.660.990.950.590.220.990.830.910.480.730.910.82-0.36
-0.29-0.08-0.06-0.48-0.190.02-0.04-0.33-0.27-0.21-0.33-0.280.16-0.15-0.250.02-0.5-0.14-0.25-0.30.29-0.31-0.18-0.270.2
0.910.88-0.060.780.930.830.740.340.870.90.340.89-0.680.870.90.75-0.020.920.840.90.690.730.910.8-0.47
0.930.71-0.480.780.840.620.660.40.910.820.410.93-0.560.780.880.460.310.790.90.90.150.890.840.9-0.44
0.980.97-0.190.930.840.920.620.340.960.960.340.94-0.70.980.990.650.210.990.910.960.450.820.950.89-0.45
0.850.960.020.830.620.920.470.060.870.860.060.79-0.580.950.90.570.150.940.80.790.460.760.860.84-0.29
0.660.5-0.040.740.660.620.470.20.650.520.20.68-0.680.530.590.78-0.50.590.560.630.530.620.610.61-0.66
0.390.33-0.330.340.40.340.060.20.20.51.00.39-0.430.340.350.210.270.340.230.560.170.00.320.07-0.32
0.980.89-0.270.870.910.960.870.650.20.890.20.95-0.630.930.970.580.230.940.940.910.30.950.930.98-0.43
0.950.95-0.210.90.820.960.860.520.50.890.510.9-0.590.950.970.510.330.960.890.970.430.730.930.82-0.3
0.390.34-0.330.340.410.340.060.21.00.20.510.39-0.430.340.350.210.270.350.240.560.170.010.320.07-0.32
0.970.86-0.280.890.930.940.790.680.390.950.90.39-0.720.90.940.630.220.920.920.950.30.860.950.89-0.55
-0.68-0.660.16-0.68-0.56-0.7-0.58-0.68-0.43-0.63-0.59-0.43-0.72-0.69-0.62-0.870.17-0.7-0.48-0.71-0.43-0.49-0.62-0.50.92
0.950.99-0.150.870.780.980.950.530.340.930.950.340.9-0.690.970.60.260.990.860.940.380.790.920.86-0.42
0.990.95-0.250.90.880.990.90.590.350.970.970.350.94-0.620.970.540.290.980.950.960.370.860.940.93-0.36
0.60.590.020.750.460.650.570.780.210.580.510.210.63-0.870.60.54-0.410.640.420.60.650.460.60.46-0.84
0.260.22-0.5-0.020.310.210.15-0.50.270.230.330.270.220.170.260.29-0.410.20.330.27-0.450.220.210.260.3
0.960.99-0.140.920.790.990.940.590.340.940.960.350.92-0.70.990.980.640.20.880.950.460.80.940.87-0.44
0.930.83-0.250.840.90.910.80.560.230.940.890.240.92-0.480.860.950.420.330.880.890.270.870.910.93-0.25
0.980.91-0.30.90.90.960.790.630.560.910.970.560.95-0.710.940.960.60.270.950.890.380.770.930.83-0.48
0.350.480.290.690.150.450.460.530.170.30.430.170.3-0.430.380.370.65-0.450.460.270.380.130.390.22-0.27
0.880.73-0.310.730.890.820.760.620.00.950.730.010.86-0.490.790.860.460.220.80.870.770.130.820.98-0.36
0.950.91-0.180.910.840.950.860.610.320.930.930.320.95-0.620.920.940.60.210.940.910.930.390.820.88-0.4
0.930.82-0.270.80.90.890.840.610.070.980.820.070.89-0.50.860.930.460.260.870.930.830.220.980.88-0.31
-0.46-0.360.2-0.47-0.44-0.45-0.29-0.66-0.32-0.43-0.3-0.32-0.550.92-0.42-0.36-0.840.3-0.44-0.25-0.48-0.27-0.36-0.4-0.31
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Brown Forman Account Relationship Matchups

Brown Forman fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B6.5B6.4B7.8B8.9B9.4B
Short Long Term Debt Total2.6B2.6B2.3B2.9B3.3B3.5B
Other Current Liab30M34M81M22M25.3M24.0M
Total Current Liabilities881M918M1.0B1.1B1.2B1.3B
Total Stockholder Equity2.0B2.7B2.7B3.3B3.8B3.9B
Property Plant And Equipment Net848M832M875M1.0B1.2B1.2B
Net Debt1.9B1.4B1.4B2.5B2.9B3.1B
Retained Earnings2.7B3.2B3.2B3.6B4.2B4.4B
Cash675M1.2B868M374M430.1M266.8M
Non Current Assets Total2.5B2.6B2.6B4.0B4.6B4.8B
Non Currrent Assets Other272M318M301M324M372.6M391.2M
Cash And Short Term Investments675M1.2B868M374M430.1M273.9M
Net Receivables570M753M813M855M983.3M1.0B
Common Stock Shares Outstanding482.1M480.4M480.7M480.6M432.5M501.7M
Liabilities And Stockholders Equity5.8B6.5B6.4B7.8B8.9B9.4B
Non Current Liabilities Total2.9B2.9B2.6B3.4B3.9B4.1B
Inventory1.7B1.8B1.8B2.3B2.6B2.8B
Other Current Assets283M335M263M277M332.4M349.0M
Other Stockholder Equity(258M)(237M)(225M)(212M)(190.8M)(200.3M)
Total Liab3.8B3.9B3.6B4.5B5.2B5.4B
Property Plant And Equipment Gross848M832M1.7B1.9B2.2B2.3B
Total Current Assets3.3B3.9B3.8B3.8B4.4B4.6B
Accumulated Other Comprehensive Income(547M)(422M)(352M)(235M)(211.5M)(222.1M)
Short Term Debt333M205M250M235M270.3M198.4M
Intangible Assets635M676M586M1.2B1.3B1.4B
Accounts Payable518M679M703M827M951.1M998.6M
Good Will756M779M761M1.5B1.7B1.8B
Other Liab499M605M545M583M670.5M613.7M
Net Tangible Assets584M1.2B1.4B647M744.1M630.2M
Other Assets206M211M251M375M431.3M218.4M
Long Term Debt2.3B2.4B2.0B2.7B3.1B2.0B
Short Long Term Debt150M333M205M235M211.5M269.9M
Non Current Liabilities Other168M206M181M253M291.0M187.1M
Net Invested Capital4.6B2.6B2.3B2.9B2.6B2.7B

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Please note, there is a significant difference between Brown Forman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Forman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Forman'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.