BRT Long Term Debt Total vs Net Working Capital 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 Long Term Debt Total and its Net Working Capital 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.
Long Term Debt Total vs Net Working Capital
Long Term Debt Total vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BRT Realty Trust Long Term Debt Total account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BRT Realty's Long Term Debt Total and Net Working Capital is -0.19. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Working Capital 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 Long Term Debt Total and Net Working 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 Long Term Debt Total of BRT Realty Trust are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt Total i.e., BRT Realty's Long Term Debt Total and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt Total
Net Working Capital
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 Expense | 6.8M | 15.5M | 22.2M | 23.3M | Depreciation And Amortization | 8.0M | 24.8M | 28.5M | 29.9M |
BRT Realty fundamental ratios Correlations
Click cells to compare fundamentals
BRT Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BRT Realty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 390.6M | 365.7M | 459.5M | 732.1M | 710.0M | 358.0M | |
Short Long Term Debt Total | 170.3M | 167.5M | 237.0M | 459.4M | 459.6M | 482.5M | |
Total Stockholder Equity | 199.7M | 177.8M | 203.0M | 250.1M | 228.5M | 133.5M | |
Net Debt | 147.6M | 147.6M | 204.6M | 439.1M | 435.4M | 457.2M | |
Retained Earnings | (32.8M) | (68.0M) | (55.4M) | (24.0M) | (39.0M) | (40.9M) | |
Non Current Assets Total | 354.0M | 337.1M | 416.2M | 711.0M | 685.8M | 720.1M | |
Non Currrent Assets Other | 4.5M | 4.7M | 7.8M | 14.4M | 13.6M | 12.9M | |
Other Assets | 6.3M | 5.3M | 314.9M | 669.3M | 769.7M | 808.1M | |
Common Stock Shares Outstanding | 16.2M | 17.1M | 17.1M | 17.9M | 17.9M | 11.3M | |
Liabilities And Stockholders Equity | 390.6M | 365.7M | 459.5M | 732.1M | 710.0M | 358.0M | |
Non Current Liabilities Total | 170.3M | 167.5M | 237.0M | 459.4M | 459.6M | 482.5M | |
Other Stockholder Equity | 232.3M | 245.6M | 258.2M | 273.9M | 267.3M | 141.3M | |
Total Liab | 191.1M | 188.1M | 256.6M | 482.0M | 481.5M | 505.6M | |
Cash And Short Term Investments | 22.7M | 19.9M | 32.3M | 20.3M | 24.1M | 29.6M | |
Short Term Investments | 6.2M | 6.7M | 112.3M | 42.6M | 49.0M | 34.6M | |
Total Current Assets | 36.6M | 28.7M | 43.3M | 21.2M | 24.1M | 22.9M | |
Total Current Liabilities | 20.8M | 20.5M | 19.6M | 22.6M | 21.9M | 27.3M | |
Cash | 22.7M | 19.9M | 32.3M | 20.3M | 24.1M | 24.9M | |
Common Stock Total Equity | 156K | 164K | 173K | 180K | 162K | 153.9K | |
Short Term Debt | 10.2M | 23.3M | 39.1M | 23.1M | 17.0M | 16.1M | |
Common Stock | 156K | 164K | 173K | 180K | 175K | 166.3K | |
Accounts Payable | 17.7M | 17.5M | 16.8M | 19.8M | 19.4M | 12.2M | |
Long Term Debt | 133.2M | 167.5M | 237.0M | 440.9M | 459.6M | 274.6M | |
Other Current Assets | (34.4M) | (28.7M) | (38.9M) | 872K | (24.1M) | (22.9M) | |
Net Tangible Assets | 199.7M | 177.8M | 203.0M | 250.1M | 287.6M | 183.3M | |
Noncontrolling Interest In Consolidated Entity | 98.5M | (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 Total | 133.2M | 167.5M | 237.0M | 440.9M | 507.1M | 438.1M | |
Capital Surpluse | 232.3M | 245.6M | 258.2M | 273.9M | 314.9M | 225.8M |
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
0.76 | O | Realty Income Corp | PairCorr |
0.64 | HR | Healthcare Realty Trust | PairCorr |
Moving against BRT Stock
0.86 | EQIX | Equinix | PairCorr |
0.74 | FR | First Industrial Realty | PairCorr |
0.7 | WY | Weyerhaeuser Financial Report 25th of July 2024 | PairCorr |
0.69 | AHT | Ashford Hospitality Trust | PairCorr |
0.65 | AMT | American Tower Corp | PairCorr |
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.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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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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.