BRP Other Assets vs Short Term Investments Analysis

DOOO Stock  USD 62.36  0.46  0.73%   
BRP financial indicator trend analysis is way more than just evaluating BRP Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRP Inc is a good investment. Please check the relationship between BRP Other Assets and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Other Assets vs Short Term Investments

Other Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BRP Inc Other Assets account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BRP's Other Assets and Short Term Investments is 0.88. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of BRP Inc, assuming nothing else is changed. The correlation between historical values of BRP's Other Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of BRP Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Assets i.e., BRP's Other Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Other Assets

Short Term Investments

Short Term Investments is an item under the current assets section of BRP balance sheet. It contains any investments BRP Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that BRP Inc can easily liquidate in the marketplace.
Most indicators from BRP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRP Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, BRP's Tax Provision is very stable compared to the past year. As of the 4th of November 2025, Issuance Of Capital Stock is likely to grow to about 23.4 M, while Selling General Administrative is likely to drop about 265.8 M.
 2022 2023 2024 2025 (projected)
Gross Profit2.5B2.6B1.8B1.5B
Total Revenue10.0B10.4B7.8B6.1B

BRP fundamental ratios Correlations

0.940.950.450.62-0.250.340.930.320.940.980.910.790.160.960.970.790.210.980.870.830.970.740.770.230.9
0.940.940.210.68-0.370.140.880.330.920.940.780.750.10.880.880.790.090.960.780.770.890.70.810.160.87
0.950.940.220.73-0.470.110.970.320.940.930.850.690.170.890.930.770.080.980.890.870.930.730.770.240.91
0.450.210.22-0.170.650.920.24-0.10.280.380.540.430.040.50.50.380.720.280.410.40.390.240.270.140.31
0.620.680.73-0.17-0.71-0.110.670.240.720.620.470.58-0.160.510.570.44-0.170.70.540.480.570.470.63-0.170.66
-0.25-0.37-0.470.65-0.710.69-0.49-0.27-0.34-0.25-0.12-0.14-0.12-0.13-0.21-0.050.54-0.39-0.3-0.19-0.29-0.2-0.27-0.07-0.32
0.340.140.110.92-0.110.690.06-0.050.250.30.330.36-0.340.410.370.270.580.180.260.280.240.20.31-0.250.2
0.930.880.970.240.67-0.490.060.330.860.880.870.650.330.850.920.720.110.940.90.840.950.670.670.380.88
0.320.330.32-0.10.24-0.27-0.050.330.240.40.08-0.130.050.380.150.2-0.570.370.240.10.450.130.070.00.24
0.940.920.940.280.72-0.340.250.860.240.940.810.75-0.050.880.910.730.120.950.80.830.870.760.810.020.86
0.980.940.930.380.62-0.250.30.880.40.940.860.780.110.940.920.790.130.980.80.760.950.740.760.170.88
0.910.780.850.540.47-0.120.330.870.080.810.860.80.390.830.920.750.480.860.80.790.910.640.550.450.82
0.790.750.690.430.58-0.140.360.65-0.130.750.780.80.050.670.790.620.480.760.550.510.680.560.690.090.72
0.160.10.170.04-0.16-0.12-0.340.330.05-0.050.110.390.050.120.170.230.130.160.20.130.31-0.03-0.270.980.17
0.960.880.890.50.51-0.130.410.850.380.880.940.830.670.120.940.730.150.930.90.840.930.760.790.210.81
0.970.880.930.50.57-0.210.370.920.150.910.920.920.790.170.940.740.320.940.930.890.920.750.810.260.87
0.790.790.770.380.44-0.050.270.720.20.730.790.750.620.230.730.740.390.790.630.70.760.680.580.280.93
0.210.090.080.72-0.170.540.580.11-0.570.120.130.480.480.130.150.320.390.090.150.240.150.170.090.190.26
0.980.960.980.280.7-0.390.180.940.370.950.980.860.760.160.930.940.790.090.850.810.960.750.780.210.91
0.870.780.890.410.54-0.30.260.90.240.80.80.80.550.20.90.930.630.150.850.930.860.640.740.30.78
0.830.770.870.40.48-0.190.280.840.10.830.760.790.510.130.840.890.70.240.810.930.80.680.710.240.78
0.970.890.930.390.57-0.290.240.950.450.870.950.910.680.310.930.920.760.150.960.860.80.670.630.360.86
0.740.70.730.240.47-0.20.20.670.130.760.740.640.56-0.030.760.750.680.170.750.640.680.670.730.050.75
0.770.810.770.270.63-0.270.310.670.070.810.760.550.69-0.270.790.810.580.090.780.740.710.630.73-0.160.72
0.230.160.240.14-0.17-0.07-0.250.380.00.020.170.450.090.980.210.260.280.190.210.30.240.360.05-0.160.23
0.90.870.910.310.66-0.320.20.880.240.860.880.820.720.170.810.870.930.260.910.780.780.860.750.720.23
Click cells to compare fundamentals

BRP Account Relationship Matchups

BRP fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.9B5.0B6.5B6.8B6.3B4.1B
Other Current Liab1.2B1.1B1.2B1.2B1.4B826.2M
Total Current Liabilities2.2B2.6B2.5B2.5B2.4B1.7B
Total Stockholder Equity(478.7M)(135.6M)534.9M808.9M241.3M253.4M
Other Liab524.5M635.9M577.6M489.4M562.8M446.5M
Net Tangible Assets(1.2B)(943.8M)(630.5M)(206.4M)(185.8M)(195.0M)
Retained Earnings(575.9M)(404.3M)175.5M443.1M(37.3M)(39.2M)
Accounts Payable814.7M965.3M943.7M1.0B829.4M702.5M
Cash1.3B265.8M202.3M491.8M180.7M333.5M
Other Assets187.6M222.5M248.4M293.3M337.3M188.0M
Long Term Debt2.4B1.9B2.7B2.7B2.9B1.7B
Net Receivables255.1M497.3M698.9M717.1M758.2M410.2M
Short Term Investments76.5M73.6M122.6M106.6M80.1M43.4M
Inventory1.1B1.7B2.3B2.2B1.7B1.2B
Other Current Assets200M301.3M275.5M241.8M425.6M446.9M
Other Stockholder Equity(154M)(3.2M)58.8M71.8M83M87.2M
Total Liab5.4B5.2B5.9B6.0B6.0B4.1B
Long Term Investments31.6M53.2M69.3M49.6M26.6M26.2M
Short Long Term Debt25.3M103.1M88.4M58.1M53.8M33.0M
Total Current Assets2.9B2.7B3.4B3.5B3.2B2.1B
Accumulated Other Comprehensive Income40.8M11.3M44.8M45.5M(55.4M)(52.6M)
Short Term Debt58.8M132.5M133.1M104.4M100.9M105.9M
Intangible Assets349.1M379M489M412.8M351.5M333.9M
Common Stock210.4M260.6M255.8M248.5M251M261.7M
Property Plant Equipment905.1M1.2B1.3B1.6B1.8B1.9B
Short Long Term Debt Total2.6B2.2B3.0B3.0B3.1B2.0B
Property Plant And Equipment Net1.3B1.6B2.0B2.2B2.1B1.3B
Current Deferred Revenue72.4M247.9M85.3M89.9M64.9M61.7M
Net Debt1.3B1.9B2.8B2.5B2.9B1.6B
Non Current Assets Total2.0B2.4B3.1B3.2B3.1B2.0B
Non Currrent Assets Other21.3M27.3M24.8M358M28.4M27.0M
Cash And Short Term Investments1.4B339.4M324.9M598.4M260.8M403.7M
Common Stock Shares Outstanding88.6M85.3M80.9M78.5M73.9M79.4M
Liabilities And Stockholders Equity4.9B5.0B6.5B6.8B6.3B4.3B
Non Current Liabilities Total3.2B2.5B3.4B3.5B3.6B2.4B
Property Plant And Equipment Gross1.3B2.9B3.5B3.9B4.1B4.3B

Pair Trading with BRP

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

Moving together with BRP Stock

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Moving against BRP Stock

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  0.73WAT WatercoPairCorr
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  0.57600818 Zhonglu CoPairCorr
  0.57TOY Spin Master CorpPairCorr
The ability to find closely correlated positions to BRP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRP 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 BRP - 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 BRP Inc to buy it.
The correlation of BRP 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 BRP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRP Inc 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 BRP 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 BRP Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BRP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brp Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brp Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Leisure Products space 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 BRP. If investors know BRP 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 BRP 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
2.958
Dividend Share
0.85
Earnings Share
1.93
Revenue Per Share
106.187
Quarterly Revenue Growth
0.043
The market value of BRP Inc is measured differently than its book value, which is the value of BRP that is recorded on the company's balance sheet. Investors also form their own opinion of BRP's value that differs from its market value or its book value, called intrinsic value, which is BRP'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 BRP's market value can be influenced by many factors that don't directly affect BRP'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 BRP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRP'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.