BRT Common Stock Shares Outstanding vs Accounts Payable Analysis

BRT Stock  USD 17.50  0.24  1.39%   
BRT Realty financial indicator trend analysis is way more than just evaluating BRT Realty Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRT Realty Trust is a good investment. Please check the relationship between BRT Realty Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BRT Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BRT Realty Trust Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BRT Realty's Common Stock Shares Outstanding and Accounts Payable is 0.54. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of BRT Realty Trust, assuming nothing else is changed. The correlation between historical values of BRT Realty's Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of BRT Realty Trust are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., BRT Realty's Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents BRT Realty obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of BRT Realty Trust are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from BRT Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRT Realty Trust 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 BRT Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, BRT Realty's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 15.3 M in 2024, whereas Tax Provision is likely to drop slightly above 51.3 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.8M15.5M22.2M23.3M
Depreciation And Amortization8.0M24.8M28.5M29.9M

BRT Realty fundamental ratios Correlations

0.940.460.940.050.930.51-0.080.420.930.40.94-0.35-0.08-0.310.07-0.36-0.080.62-0.16-0.130.470.54-0.130.580.84
0.940.311.00.110.980.50.040.240.980.221.0-0.38-0.13-0.410.0-0.36-0.110.71-0.22-0.150.50.55-0.150.590.78
0.460.310.30.070.430.040.440.90.30.970.3-0.19-0.310.4-0.150.13-0.050.210.05-0.580.72-0.2-0.580.390.65
0.941.00.30.150.990.490.050.220.990.210.99-0.44-0.18-0.38-0.07-0.34-0.160.72-0.3-0.180.520.54-0.180.580.79
0.050.110.070.150.150.070.26-0.370.12-0.080.07-0.4-0.740.04-0.390.34-0.25-0.07-0.53-0.610.23-0.35-0.61-0.330.19
0.930.980.430.990.150.460.160.340.980.350.98-0.48-0.25-0.27-0.14-0.29-0.20.72-0.3-0.290.640.46-0.290.620.84
0.510.50.040.490.070.46-0.290.00.490.010.49-0.11-0.03-0.270.150.15-0.09-0.08-0.070.010.090.020.010.050.34
-0.080.040.440.050.260.16-0.290.250.050.380.02-0.22-0.480.27-0.480.36-0.140.29-0.19-0.560.6-0.44-0.560.20.15
0.420.240.90.22-0.370.340.00.250.220.940.25-0.030.030.380.03-0.040.050.230.25-0.270.570.0-0.270.510.54
0.930.980.30.990.120.980.490.050.220.210.98-0.48-0.17-0.34-0.11-0.33-0.280.73-0.33-0.160.530.55-0.160.580.78
0.40.220.970.21-0.080.350.010.380.940.210.22-0.19-0.280.51-0.160.07-0.050.160.06-0.550.69-0.18-0.550.410.62
0.941.00.30.990.070.980.490.020.250.980.22-0.37-0.1-0.40.02-0.38-0.10.72-0.21-0.110.50.57-0.110.630.78
-0.35-0.38-0.19-0.44-0.4-0.48-0.11-0.22-0.03-0.48-0.19-0.370.72-0.280.85-0.070.69-0.410.950.51-0.58-0.170.51-0.2-0.61
-0.08-0.13-0.31-0.18-0.74-0.25-0.03-0.480.03-0.17-0.28-0.10.72-0.50.74-0.320.42-0.040.750.9-0.660.360.9-0.02-0.48
-0.31-0.410.4-0.380.04-0.27-0.270.270.38-0.340.51-0.4-0.28-0.5-0.40.36-0.28-0.26-0.21-0.550.49-0.42-0.550.120.17
0.070.0-0.15-0.07-0.39-0.140.15-0.480.03-0.11-0.160.020.850.74-0.4-0.230.71-0.20.870.58-0.480.20.580.02-0.26
-0.36-0.360.13-0.340.34-0.290.150.36-0.04-0.330.07-0.38-0.07-0.320.36-0.23-0.2-0.42-0.15-0.230.14-0.67-0.23-0.45-0.14
-0.08-0.11-0.05-0.16-0.25-0.2-0.09-0.140.05-0.28-0.05-0.10.690.42-0.280.71-0.2-0.150.690.28-0.30.020.280.1-0.19
0.620.710.210.72-0.070.72-0.080.290.230.730.160.72-0.41-0.04-0.26-0.2-0.42-0.15-0.27-0.010.450.71-0.010.610.5
-0.16-0.220.05-0.3-0.53-0.3-0.07-0.190.25-0.330.06-0.210.950.75-0.210.87-0.150.69-0.270.45-0.39-0.080.450.0-0.4
-0.13-0.15-0.58-0.18-0.61-0.290.01-0.56-0.27-0.16-0.55-0.110.510.9-0.550.58-0.230.28-0.010.45-0.760.461.0-0.1-0.51
0.470.50.720.520.230.640.090.60.570.530.690.5-0.58-0.660.49-0.480.14-0.30.45-0.39-0.76-0.08-0.760.60.8
0.540.55-0.20.54-0.350.460.02-0.440.00.55-0.180.57-0.170.36-0.420.2-0.670.020.71-0.080.46-0.080.460.410.28
-0.13-0.15-0.58-0.18-0.61-0.290.01-0.56-0.27-0.16-0.55-0.110.510.9-0.550.58-0.230.28-0.010.451.0-0.760.46-0.1-0.51
0.580.590.390.58-0.330.620.050.20.510.580.410.63-0.2-0.020.120.02-0.450.10.610.0-0.10.60.41-0.10.66
0.840.780.650.790.190.840.340.150.540.780.620.78-0.61-0.480.17-0.26-0.14-0.190.5-0.4-0.510.80.28-0.510.66
Click cells to compare fundamentals

BRT Realty Account Relationship Matchups

BRT Realty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets390.6M365.7M459.5M732.1M710.0M358.0M
Short Long Term Debt Total170.3M167.5M237.0M459.4M459.6M482.5M
Total Stockholder Equity199.7M177.8M203.0M250.1M228.5M133.5M
Net Debt147.6M147.6M204.6M439.1M435.4M457.2M
Retained Earnings(32.8M)(68.0M)(55.4M)(24.0M)(39.0M)(40.9M)
Non Current Assets Total354.0M337.1M416.2M711.0M685.8M720.1M
Non Currrent Assets Other4.5M4.7M7.8M14.4M13.6M12.9M
Other Assets6.3M5.3M314.9M669.3M769.7M808.1M
Common Stock Shares Outstanding16.2M17.1M17.1M17.9M17.9M11.3M
Liabilities And Stockholders Equity390.6M365.7M459.5M732.1M710.0M358.0M
Non Current Liabilities Total170.3M167.5M237.0M459.4M459.6M482.5M
Other Stockholder Equity232.3M245.6M258.2M273.9M267.3M141.3M
Total Liab191.1M188.1M256.6M482.0M481.5M505.6M
Cash And Short Term Investments22.7M19.9M32.3M20.3M24.1M29.6M
Short Term Investments6.2M6.7M112.3M42.6M49.0M34.6M
Total Current Assets36.6M28.7M43.3M21.2M24.1M22.9M
Total Current Liabilities20.8M20.5M19.6M22.6M21.9M27.3M
Cash22.7M19.9M32.3M20.3M24.1M24.9M
Common Stock Total Equity156K164K173K180K162K153.9K
Short Term Debt10.2M23.3M39.1M23.1M17.0M16.1M
Common Stock156K164K173K180K175K166.3K
Accounts Payable17.7M17.5M16.8M19.8M19.4M12.2M
Long Term Debt133.2M167.5M237.0M440.9M459.6M274.6M
Other Current Assets(34.4M)(28.7M)(38.9M)872K(24.1M)(22.9M)
Net Tangible Assets199.7M177.8M203.0M250.1M287.6M183.3M
Noncontrolling Interest In Consolidated Entity98.5M(93K)(5K)(18K)(20.7K)(19.7K)
Retained Earnings Total Equity(24.9M)(32.8M)(55.4M)(24.0M)(27.5M)(28.9M)
Long Term Debt Total133.2M167.5M237.0M440.9M507.1M438.1M
Capital Surpluse232.3M245.6M258.2M273.9M314.9M225.8M

Pair Trading with BRT Realty

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 BRT Realty 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 BRT Realty will appreciate offsetting losses from the drop in the long position's value.

Moving together with BRT Stock

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Moving against BRT Stock

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  0.68AHT Ashford Hospitality TrustPairCorr
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The ability to find closely correlated positions to BRT Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRT Realty 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 BRT Realty - 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 BRT Realty Trust to buy it.
The correlation of BRT Realty 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 BRT Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRT Realty Trust 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 BRT Realty 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 CorrelationCorrelation Matching
When determining whether BRT Realty Trust 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 BRT 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 Brt Realty Trust Stock. Highlighted below are key reports to facilitate an investment decision about Brt Realty Trust Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BRT Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is BRT Realty'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 BRT Realty. If investors know BRT 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 BRT Realty 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
(0.70)
Dividend Share
1
Earnings Share
0.2
Revenue Per Share
5.367
Quarterly Revenue Growth
(0.01)
The market value of BRT Realty Trust is measured differently than its book value, which is the value of BRT that is recorded on the company's balance sheet. Investors also form their own opinion of BRT Realty's value that differs from its market value or its book value, called intrinsic value, which is BRT Realty'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 BRT Realty's market value can be influenced by many factors that don't directly affect BRT Realty'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 BRT Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRT Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRT Realty'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.