Brown Ptb Ratio vs Invested Capital Analysis

BF-B Stock

USD 48.69 1.13 2.38%

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 Ptb Ratio and its Invested Capital 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.

Ptb Ratio vs Invested Capital

Ptb Ratio vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brown Forman Ptb Ratio account and Invested Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Brown Forman's Ptb Ratio and Invested Capital is 0.88. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Invested Capital 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 Ptb Ratio and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Brown Forman are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Ptb Ratio i.e., Brown Forman's Ptb Ratio and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Brown Forman. There are two different methods for calculating Brown Forman invested capital: operating approach and financing approach. Understanding Brown Forman invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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 Profit	2.4B	2.5B	2.9B	1.5B
Total Revenue	3.9B	4.2B	4.9B	2.4B

Gross Profit Total Revenue

Brown Forman fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock Total Equity
Total Assets		0.92	-0.29	0.91	0.93	0.98	0.85	0.66	0.39	0.98	0.95	0.39	0.97	-0.68	0.95	0.99	0.6	0.26	0.96	0.93	0.98	0.35	0.88	0.95	0.93	-0.46
Short Long Term Debt Total	0.92		-0.08	0.88	0.71	0.97	0.96	0.5	0.33	0.89	0.95	0.34	0.86	-0.66	0.99	0.95	0.59	0.22	0.99	0.83	0.91	0.48	0.73	0.91	0.82	-0.36
Other Current Liab	-0.29	-0.08		-0.06	-0.48	-0.19	0.02	-0.04	-0.33	-0.27	-0.21	-0.33	-0.28	0.16	-0.15	-0.25	0.02	-0.5	-0.14	-0.25	-0.3	0.29	-0.31	-0.18	-0.27	0.2
Total Current Liabilities	0.91	0.88	-0.06		0.78	0.93	0.83	0.74	0.34	0.87	0.9	0.34	0.89	-0.68	0.87	0.9	0.75	-0.02	0.92	0.84	0.9	0.69	0.73	0.91	0.8	-0.47
Total Stockholder Equity	0.93	0.71	-0.48	0.78		0.84	0.62	0.66	0.4	0.91	0.82	0.41	0.93	-0.56	0.78	0.88	0.46	0.31	0.79	0.9	0.9	0.15	0.89	0.84	0.9	-0.44
Property Plant And Equipment Net	0.98	0.97	-0.19	0.93	0.84		0.92	0.62	0.34	0.96	0.96	0.34	0.94	-0.7	0.98	0.99	0.65	0.21	0.99	0.91	0.96	0.45	0.82	0.95	0.89	-0.45
Net Debt	0.85	0.96	0.02	0.83	0.62	0.92		0.47	0.06	0.87	0.86	0.06	0.79	-0.58	0.95	0.9	0.57	0.15	0.94	0.8	0.79	0.46	0.76	0.86	0.84	-0.29
Retained Earnings	0.66	0.5	-0.04	0.74	0.66	0.62	0.47		0.2	0.65	0.52	0.2	0.68	-0.68	0.53	0.59	0.78	-0.5	0.59	0.56	0.63	0.53	0.62	0.61	0.61	-0.66
Cash	0.39	0.33	-0.33	0.34	0.4	0.34	0.06	0.2		0.2	0.5	1.0	0.39	-0.43	0.34	0.35	0.21	0.27	0.34	0.23	0.56	0.17	0.0	0.32	0.07	-0.32
Non Current Assets Total	0.98	0.89	-0.27	0.87	0.91	0.96	0.87	0.65	0.2		0.89	0.2	0.95	-0.63	0.93	0.97	0.58	0.23	0.94	0.94	0.91	0.3	0.95	0.93	0.98	-0.43
Non Currrent Assets Other	0.95	0.95	-0.21	0.9	0.82	0.96	0.86	0.52	0.5	0.89		0.51	0.9	-0.59	0.95	0.97	0.51	0.33	0.96	0.89	0.97	0.43	0.73	0.93	0.82	-0.3
Cash And Short Term Investments	0.39	0.34	-0.33	0.34	0.41	0.34	0.06	0.2	1.0	0.2	0.51		0.39	-0.43	0.34	0.35	0.21	0.27	0.35	0.24	0.56	0.17	0.01	0.32	0.07	-0.32
Net Receivables	0.97	0.86	-0.28	0.89	0.93	0.94	0.79	0.68	0.39	0.95	0.9	0.39		-0.72	0.9	0.94	0.63	0.22	0.92	0.92	0.95	0.3	0.86	0.95	0.89	-0.55
Common Stock Shares Outstanding	-0.68	-0.66	0.16	-0.68	-0.56	-0.7	-0.58	-0.68	-0.43	-0.63	-0.59	-0.43	-0.72		-0.69	-0.62	-0.87	0.17	-0.7	-0.48	-0.71	-0.43	-0.49	-0.62	-0.5	0.92
Non Current Liabilities Total	0.95	0.99	-0.15	0.87	0.78	0.98	0.95	0.53	0.34	0.93	0.95	0.34	0.9	-0.69		0.97	0.6	0.26	0.99	0.86	0.94	0.38	0.79	0.92	0.86	-0.42
Inventory	0.99	0.95	-0.25	0.9	0.88	0.99	0.9	0.59	0.35	0.97	0.97	0.35	0.94	-0.62	0.97		0.54	0.29	0.98	0.95	0.96	0.37	0.86	0.94	0.93	-0.36
Other Current Assets	0.6	0.59	0.02	0.75	0.46	0.65	0.57	0.78	0.21	0.58	0.51	0.21	0.63	-0.87	0.6	0.54		-0.41	0.64	0.42	0.6	0.65	0.46	0.6	0.46	-0.84
Other Stockholder Equity	0.26	0.22	-0.5	-0.02	0.31	0.21	0.15	-0.5	0.27	0.23	0.33	0.27	0.22	0.17	0.26	0.29	-0.41		0.2	0.33	0.27	-0.45	0.22	0.21	0.26	0.3
Total Liab	0.96	0.99	-0.14	0.92	0.79	0.99	0.94	0.59	0.34	0.94	0.96	0.35	0.92	-0.7	0.99	0.98	0.64	0.2		0.88	0.95	0.46	0.8	0.94	0.87	-0.44
Property Plant And Equipment Gross	0.93	0.83	-0.25	0.84	0.9	0.91	0.8	0.56	0.23	0.94	0.89	0.24	0.92	-0.48	0.86	0.95	0.42	0.33	0.88		0.89	0.27	0.87	0.91	0.93	-0.25
Total Current Assets	0.98	0.91	-0.3	0.9	0.9	0.96	0.79	0.63	0.56	0.91	0.97	0.56	0.95	-0.71	0.94	0.96	0.6	0.27	0.95	0.89		0.38	0.77	0.93	0.83	-0.48
Short Term Debt	0.35	0.48	0.29	0.69	0.15	0.45	0.46	0.53	0.17	0.3	0.43	0.17	0.3	-0.43	0.38	0.37	0.65	-0.45	0.46	0.27	0.38		0.13	0.39	0.22	-0.27
Intangible Assets	0.88	0.73	-0.31	0.73	0.89	0.82	0.76	0.62	0.0	0.95	0.73	0.01	0.86	-0.49	0.79	0.86	0.46	0.22	0.8	0.87	0.77	0.13		0.82	0.98	-0.36
Accounts Payable	0.95	0.91	-0.18	0.91	0.84	0.95	0.86	0.61	0.32	0.93	0.93	0.32	0.95	-0.62	0.92	0.94	0.6	0.21	0.94	0.91	0.93	0.39	0.82		0.88	-0.4
Good Will	0.93	0.82	-0.27	0.8	0.9	0.89	0.84	0.61	0.07	0.98	0.82	0.07	0.89	-0.5	0.86	0.93	0.46	0.26	0.87	0.93	0.83	0.22	0.98	0.88		-0.31
Common Stock Total Equity	-0.46	-0.36	0.2	-0.47	-0.44	-0.45	-0.29	-0.66	-0.32	-0.43	-0.3	-0.32	-0.55	0.92	-0.42	-0.36	-0.84	0.3	-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

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.8B	6.5B	6.4B	7.8B	8.9B	9.4B
Short Long Term Debt Total	2.6B	2.6B	2.3B	2.9B	3.3B	3.5B
Other Current Liab	30M	34M	81M	22M	25.3M	24.0M
Total Current Liabilities	881M	918M	1.0B	1.1B	1.2B	1.3B
Total Stockholder Equity	2.0B	2.7B	2.7B	3.3B	3.8B	3.9B
Property Plant And Equipment Net	848M	832M	875M	1.0B	1.2B	1.2B
Net Debt	1.9B	1.4B	1.4B	2.5B	2.9B	3.1B
Retained Earnings	2.7B	3.2B	3.2B	3.6B	4.2B	4.4B
Cash	675M	1.2B	868M	374M	430.1M	266.8M
Non Current Assets Total	2.5B	2.6B	2.6B	4.0B	4.6B	4.8B
Non Currrent Assets Other	272M	318M	301M	324M	372.6M	391.2M
Cash And Short Term Investments	675M	1.2B	868M	374M	430.1M	273.9M
Net Receivables	570M	753M	813M	855M	983.3M	1.0B
Common Stock Shares Outstanding	482.1M	480.4M	480.7M	480.6M	432.5M	501.7M
Liabilities And Stockholders Equity	5.8B	6.5B	6.4B	7.8B	8.9B	9.4B
Non Current Liabilities Total	2.9B	2.9B	2.6B	3.4B	3.9B	4.1B
Inventory	1.7B	1.8B	1.8B	2.3B	2.6B	2.8B
Other Current Assets	283M	335M	263M	277M	332.4M	349.0M
Other Stockholder Equity	(258M)	(237M)	(225M)	(212M)	(190.8M)	(200.3M)
Total Liab	3.8B	3.9B	3.6B	4.5B	5.2B	5.4B
Property Plant And Equipment Gross	848M	832M	1.7B	1.9B	2.2B	2.3B
Total Current Assets	3.3B	3.9B	3.8B	3.8B	4.4B	4.6B
Accumulated Other Comprehensive Income	(547M)	(422M)	(352M)	(235M)	(211.5M)	(222.1M)
Short Term Debt	333M	205M	250M	235M	270.3M	198.4M
Intangible Assets	635M	676M	586M	1.2B	1.3B	1.4B
Accounts Payable	518M	679M	703M	827M	951.1M	998.6M
Good Will	756M	779M	761M	1.5B	1.7B	1.8B
Other Liab	499M	605M	545M	583M	670.5M	613.7M
Net Tangible Assets	584M	1.2B	1.4B	647M	744.1M	630.2M
Other Assets	206M	211M	251M	375M	431.3M	218.4M
Long Term Debt	2.3B	2.4B	2.0B	2.7B	3.1B	2.0B
Short Long Term Debt	150M	333M	205M	235M	211.5M	269.9M
Non Current Liabilities Other	168M	206M	181M	253M	291.0M	187.1M
Net Invested Capital	4.6B	2.6B	2.3B	2.9B	2.6B	2.7B

Pair Trading with Brown Forman

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 Brown Forman 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 Brown Forman will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brown Stock

0.79	VINE	Fresh Grapes LLC	Pair Corr
0.83	WVVI	Willamette Valley	Pair Corr
0.78	DEO	Diageo PLC ADR	Pair Corr

Moving against Brown Stock

0.86	BG	Bunge Limited	Pair Corr
0.81	LVMUY	LVMH Moet Hennessy	Pair Corr
0.78	KR	Kroger Company Financial Report 20th of June 2024	Pair Corr
0.7	BJ	BJs Wholesale Club Financial Report 28th of May 2024	Pair Corr
0.69	CL	Colgate Palmolive Financial Report 26th of July 2024	Pair Corr

The ability to find closely correlated positions to Brown Forman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Forman 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 Brown Forman - 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 Brown Forman to buy it.

The correlation of Brown Forman 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 Brown Forman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Forman 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 Brown Forman 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.

Pair Correlation Correlation Matching

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.

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Brown Forman's price analysis, check to measure Brown Forman'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 Brown Forman is operating at the current time. Most of Brown Forman's value examination focuses on studying past and present price action to predict the probability of Brown Forman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brown Forman's price. Additionally, you may evaluate how the addition of Brown Forman to your portfolios can decrease your overall portfolio volatility.

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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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Brown Ptb Ratio vs Invested Capital Analysis

Ptb Ratio vs Invested Capital

Ptb Ratio vs Invested Capital Correlation Analysis

Correlation Coefficient

Ptb Ratio

Invested Capital

Brown Forman fundamental ratios Correlations

Brown Forman Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Brown Forman fundamental ratios Accounts

Pair Trading with Brown Forman

Moving together with Brown Stock

Moving against Brown Stock

Complementary Tools for Brown Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Inventory	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Property Plant And Equipment Net

Other Current Assets	- 0.87	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.84	Other Current Assets
Common Stock Shares Outstanding	- 0.72	Net Receivables
Total Current Assets	- 0.71	Common Stock Shares Outstanding
Total Liab	- 0.7	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.7	Property Plant And Equipment Net