BRF Discontinued Operations vs Net Income From Continuing Ops Analysis

BRFS Stock

USD 3.45 0.08 2.37%

BRF SA financial indicator trend analysis is way more than just evaluating BRF SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRF SA ADR is a good investment. Please check the relationship between BRF SA Discontinued Operations and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BRF SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Discontinued Operations vs Net Income From Continuing Ops

Discontinued Operations vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BRF SA ADR Discontinued Operations account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very week relationship.

The correlation between BRF SA's Discontinued Operations and Net Income From Continuing Ops is 0.23. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of BRF SA ADR, assuming nothing else is changed. The correlation between historical values of BRF SA's Discontinued Operations and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of BRF SA ADR are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Discontinued Operations i.e., BRF SA's Discontinued Operations and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Discontinued Operations

Net Income From Continuing Ops

Most indicators from BRF SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRF SA ADR 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 BRF SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

At this time, BRF SA's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 5.6 B in 2024, whereas Tax Provision is likely to drop (59.7 M) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	10.2B	8.1B	8.3B	5.6B
Total Revenue	48.3B	53.8B	53.6B	56.3B

Gross Profit Total Revenue

BRF SA 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	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	Common Stock	Other Liab
Total Assets		0.94	0.5	0.83	0.38	0.95	0.88	-0.26	0.76	0.73	0.98	0.85	0.74	0.88	0.81	-0.73	0.93	0.81	0.03	-0.18	0.96	0.66	0.98	0.65	0.83	0.58
Short Long Term Debt Total	0.94		0.45	0.85	0.04	0.81	0.98	-0.46	0.8	0.72	0.92	0.95	0.71	0.68	0.62	-0.56	1.0	0.82	-0.11	-0.26	1.0	0.61	0.92	0.6	0.71	0.7
Other Current Liab	0.5	0.45		0.67	0.19	0.44	0.37	-0.13	0.57	0.65	0.44	0.37	0.64	0.42	0.27	-0.34	0.39	0.56	-0.21	-0.22	0.47	0.66	0.54	0.57	0.35	0.22
Total Current Liabilities	0.83	0.85	0.67		0.1	0.73	0.81	-0.34	0.97	0.9	0.8	0.76	0.9	0.63	0.49	-0.58	0.82	0.96	-0.12	-0.19	0.86	0.91	0.84	0.58	0.55	0.49
Total Stockholder Equity	0.38	0.04	0.19	0.1		0.58	-0.05	0.48	0.02	0.15	0.4	-0.06	0.23	0.72	0.74	-0.7	0.04	0.08	0.42	0.09	0.1	0.22	0.34	0.32	0.59	-0.11
Property Plant And Equipment Net	0.95	0.81	0.44	0.73	0.58		0.75	-0.16	0.65	0.62	0.97	0.73	0.65	0.94	0.91	-0.82	0.8	0.69	0.14	-0.11	0.84	0.64	0.89	0.66	0.88	0.54
Net Debt	0.88	0.98	0.37	0.81	-0.05	0.75		-0.57	0.75	0.61	0.88	0.96	0.6	0.6	0.58	-0.55	0.97	0.78	-0.05	-0.19	0.96	0.55	0.84	0.62	0.66	0.74
Retained Earnings	-0.26	-0.46	-0.13	-0.34	0.48	-0.16	-0.57		-0.31	-0.12	-0.31	-0.61	-0.08	0.12	-0.03	0.02	-0.45	-0.3	0.18	-0.2	-0.42	-0.19	-0.19	-0.27	-0.05	-0.6
Accounts Payable	0.76	0.8	0.57	0.97	0.02	0.65	0.75	-0.31		0.92	0.72	0.71	0.91	0.55	0.37	-0.46	0.78	0.98	-0.24	-0.23	0.82	0.92	0.79	0.38	0.45	0.39
Cash	0.73	0.72	0.65	0.9	0.15	0.62	0.61	-0.12	0.92		0.65	0.59	0.99	0.57	0.39	-0.5	0.71	0.87	-0.23	-0.35	0.73	0.84	0.78	0.35	0.52	0.37
Non Current Assets Total	0.98	0.92	0.44	0.8	0.4	0.97	0.88	-0.31	0.72	0.65		0.86	0.67	0.88	0.84	-0.77	0.91	0.76	0.1	-0.11	0.94	0.64	0.93	0.7	0.84	0.64
Non Currrent Assets Other	0.85	0.95	0.37	0.76	-0.06	0.73	0.96	-0.61	0.71	0.59	0.86		0.57	0.55	0.55	-0.5	0.94	0.75	-0.19	-0.24	0.93	0.52	0.8	0.53	0.66	0.68
Cash And Short Term Investments	0.74	0.71	0.64	0.9	0.23	0.65	0.6	-0.08	0.91	0.99	0.67	0.57		0.61	0.45	-0.56	0.7	0.86	-0.15	-0.29	0.73	0.85	0.79	0.37	0.54	0.36
Net Receivables	0.88	0.68	0.42	0.63	0.72	0.94	0.6	0.12	0.55	0.57	0.88	0.55	0.61		0.9	-0.82	0.68	0.61	0.24	-0.12	0.73	0.55	0.85	0.58	0.86	0.33
Common Stock Total Equity	0.81	0.62	0.27	0.49	0.74	0.91	0.58	-0.03	0.37	0.39	0.84	0.55	0.45	0.9		-0.93	0.62	0.43	0.42	0.01	0.64	0.38	0.73	0.64	0.9	0.44
Common Stock Shares Outstanding	-0.73	-0.56	-0.34	-0.58	-0.7	-0.82	-0.55	0.02	-0.46	-0.5	-0.77	-0.5	-0.56	-0.82	-0.93		-0.56	-0.51	-0.45	-0.01	-0.58	-0.5	-0.66	-0.64	-0.85	-0.41
Non Current Liabilities Total	0.93	1.0	0.39	0.82	0.04	0.8	0.97	-0.45	0.78	0.71	0.91	0.94	0.7	0.68	0.62	-0.56		0.81	-0.09	-0.25	0.99	0.57	0.92	0.54	0.71	0.7
Inventory	0.81	0.82	0.56	0.96	0.08	0.69	0.78	-0.3	0.98	0.87	0.76	0.75	0.86	0.61	0.43	-0.51	0.81		-0.26	-0.25	0.84	0.89	0.83	0.42	0.53	0.37
Other Current Assets	0.03	-0.11	-0.21	-0.12	0.42	0.14	-0.05	0.18	-0.24	-0.23	0.1	-0.19	-0.15	0.24	0.42	-0.45	-0.09	-0.26		0.65	-0.1	-0.18	-0.06	0.38	0.07	0.12
Other Stockholder Equity	-0.18	-0.26	-0.22	-0.19	0.09	-0.11	-0.19	-0.2	-0.23	-0.35	-0.11	-0.24	-0.29	-0.12	0.01	-0.01	-0.25	-0.25	0.65		-0.22	-0.12	-0.25	0.1	-0.4	-0.07
Total Liab	0.96	1.0	0.47	0.86	0.1	0.84	0.96	-0.42	0.82	0.73	0.94	0.93	0.73	0.73	0.64	-0.58	0.99	0.84	-0.1	-0.22		0.64	0.95	0.6	0.71	0.65
Property Plant And Equipment Gross	0.66	0.61	0.66	0.91	0.22	0.64	0.55	-0.19	0.92	0.84	0.64	0.52	0.85	0.55	0.38	-0.5	0.57	0.89	-0.18	-0.12	0.64		0.66	0.43	0.4	0.21
Total Current Assets	0.98	0.92	0.54	0.84	0.34	0.89	0.84	-0.19	0.79	0.78	0.93	0.8	0.79	0.85	0.73	-0.66	0.92	0.83	-0.06	-0.25	0.95	0.66		0.58	0.79	0.49
Short Term Debt	0.65	0.6	0.57	0.58	0.32	0.66	0.62	-0.27	0.38	0.35	0.7	0.53	0.37	0.58	0.64	-0.64	0.54	0.42	0.38	0.1	0.6	0.43	0.58		0.58	0.65
Common Stock	0.83	0.71	0.35	0.55	0.59	0.88	0.66	-0.05	0.45	0.52	0.84	0.66	0.54	0.86	0.9	-0.85	0.71	0.53	0.07	-0.4	0.71	0.4	0.79	0.58		0.5
Other Liab	0.58	0.7	0.22	0.49	-0.11	0.54	0.74	-0.6	0.39	0.37	0.64	0.68	0.36	0.33	0.44	-0.41	0.7	0.37	0.12	-0.07	0.65	0.21	0.49	0.65	0.5

Click cells to compare fundamentals

BRF SA Account Relationship Matchups

BRF SA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	41.7B	49.7B	55.9B	57.9B	57.3B	29.9B
Short Long Term Debt Total	21.1B	24.9B	27.9B	26.6B	23.8B	12.5B
Other Current Liab	666.2M	1.2B	1.2B	4.9B	3.1B	3.3B
Total Current Liabilities	13.3B	15.4B	21.2B	22.3B	19.4B	20.4B
Total Stockholder Equity	7.9B	8.6B	8.5B	11.3B	14.9B	8.9B
Property Plant And Equipment Net	12.3B	12.2B	13.0B	14.3B	16.5B	8.6B
Net Debt	16.8B	17.4B	20.4B	18.4B	14.5B	8.9B
Retained Earnings	(4.3B)	(4.0B)	(2.6B)	(2.1B)	(2.4B)	0.0
Accounts Payable	6.6B	10.4B	13.9B	12.7B	12.6B	13.2B
Cash	4.2B	7.6B	7.5B	8.1B	9.3B	9.7B
Non Current Assets Total	26.7B	26.8B	29.7B	31.4B	31.3B	16.8B
Non Currrent Assets Other	7.3B	6.9B	7.1B	7.6B	5.2B	3.0B
Cash And Short Term Investments	4.7B	7.9B	7.9B	8.5B	9.7B	10.2B
Net Receivables	3.7B	5.1B	5.2B	5.6B	6.3B	3.3B
Common Stock Shares Outstanding	813.9M	811.3M	808.7M	1.1B	1.4B	1.3B
Liabilities And Stockholders Equity	41.7B	49.7B	55.9B	57.9B	57.3B	29.9B
Non Current Liabilities Total	20.2B	25.4B	25.9B	23.7B	22.2B	11.4B
Inventory	5.5B	8.9B	12.6B	11.8B	9.5B	9.9B
Other Current Assets	590.7M	446.3M	481.5M	84.8M	424.3M	514.1M
Other Stockholder Equity	(38.2M)	(123.9M)	(194.8M)	(187.6M)	(96.1M)	(91.3M)
Total Liab	33.6B	40.9B	47.1B	46.0B	41.6B	20.8B
Property Plant And Equipment Gross	12.3B	12.2B	22.5B	25.0B	25.7B	27.0B
Total Current Assets	15.0B	22.9B	26.2B	26.5B	26.0B	13.1B
Accumulated Other Comprehensive Income	(529.6M)	(1.2B)	(1.7B)	984.7M	1.7B	1.8B
Short Term Debt	3.5B	1.4B	3.7B	4.6B	3.4B	2.7B
Other Liab	2.7B	1.9B	1.6B	1.6B	1.8B	993.1M
Current Deferred Revenue	2.5B	2.3B	2.4B	75.8M	290.3M	275.8M
Other Assets	9.1B	9.0B	10.0B	10.1B	1.0	0.95
Long Term Debt	15.5B	21.3B	22.3B	19.6B	17.6B	18.5B
Good Will	2.7B	2.9B	3.4B	3.5B	3.4B	2.3B
Short Term Investments	418.2M	314.2M	346.9M	418.4M	447.9M	555.0M
Intangible Assets	2.2B	2.3B	2.7B	3.0B	2.7B	1.9B
Property Plant Equipment	12.3B	12.2B	13.0B	14.3B	16.4B	17.2B
Net Tangible Assets	3.0B	3.4B	2.3B	4.8B	4.4B	3.7B
Long Term Investments	322.2M	353.5M	454.5M	507.5M	417.9M	436.1M
Short Long Term Debt	3.1B	1.1B	3.2B	3.9B	2.5B	3.0B

Pair Trading with BRF SA

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 BRF SA 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 BRF SA will appreciate offsetting losses from the drop in the long position's value.

Moving together with BRF Stock

0.68

GIS

General Mills Financial Report 26th of June 2024

Pair Corr

Moving against BRF Stock

0.81	IH	IhumanInc	Pair Corr
0.8	RMCF	Rocky Mountain Chocolate Report 22nd of May 2024	Pair Corr
0.74	SMPL	Simply Good Foods Financial Report 4th of July 2024	Pair Corr
0.69	MDLZ	Mondelez International Sell-off Trend	Pair Corr
0.65	JJSF	J J Snack Financial Report 6th of May 2024	Pair Corr

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

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

When determining whether BRF SA ADR is a strong investment it is important to analyze BRF SA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BRF SA's future performance. For an informed investment choice regarding BRF Stock, refer to the following important reports:

How To Invest In BRF

Details

Is BRF Stock a good investment?

Details

What is BRF SA's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BRF SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Note that the BRF SA ADR information on this page should be used as a complementary analysis to other BRF SA'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for BRF Stock analysis

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

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Is BRF SA'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 BRF SA. If investors know BRF 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 BRF SA 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

0.02

Earnings Share

(0.29)

Revenue Per Share

39.415

Quarterly Revenue Growth

(0.02)

Return On Assets

0.0065

The market value of BRF SA ADR is measured differently than its book value, which is the value of BRF that is recorded on the company's balance sheet. Investors also form their own opinion of BRF SA's value that differs from its market value or its book value, called intrinsic value, which is BRF SA'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 BRF SA's market value can be influenced by many factors that don't directly affect BRF SA'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 BRF SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRF SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRF SA'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.

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BRF Discontinued Operations vs Net Income From Continuing Ops Analysis

Discontinued Operations vs Net Income From Continuing Ops

Discontinued Operations vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Discontinued Operations

Net Income From Continuing Ops

BRF SA fundamental ratios Correlations

BRF SA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BRF SA fundamental ratios Accounts

Pair Trading with BRF SA

Moving together with BRF Stock

Moving against BRF Stock

Complementary Tools for BRF Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Assets Total	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets

Common Stock Shares Outstanding	- 0.93	Common Stock Total Equity
Common Stock	- 0.85	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.82	Net Receivables
Common Stock Shares Outstanding	- 0.82	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.77	Non Current Assets Total
Common Stock Shares Outstanding	- 0.73	Total Assets