Berkshire Net Income vs Cost Of Revenue Analysis

0R37 Stock   484.50  2.50  0.51%   
Berkshire Hathaway financial indicator trend analysis is way more than just evaluating Berkshire Hathaway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hathaway is a good investment. Please check the relationship between Berkshire Hathaway Net Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hathaway Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Berkshire Hathaway's Net Income and Cost Of Revenue is 0.59. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Berkshire Hathaway, assuming nothing else is changed. The correlation between historical values of Berkshire Hathaway's Net Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Berkshire Hathaway are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., Berkshire Hathaway's Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Berkshire Hathaway financial statement analysis. It represents the amount of money remaining after all of Berkshire Hathaway operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on Berkshire Hathaway income statement and represents the costs associated with goods and services Berkshire Hathaway provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Berkshire Hathaway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hathaway 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 Berkshire Hathaway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 10.8 B in 2024. Selling General Administrative is likely to drop to about 20.8 B in 2024
 2019 2020 2023 2024 (projected)
Gross Profit56.2B53.6B61.6B56.9B
Total Revenue254.6B245.5B282.3B264.7B

Berkshire Hathaway fundamental ratios Correlations

0.891.00.980.990.980.890.960.890.890.95-0.71-0.440.930.180.990.7-0.9-0.4-0.84-0.430.98-0.940.720.820.79
0.890.850.940.860.880.680.81.00.680.81-0.84-0.50.88-0.040.950.37-0.88-0.64-0.78-0.490.94-0.870.830.940.89
1.00.850.960.990.980.910.970.850.910.95-0.67-0.410.910.230.970.75-0.88-0.34-0.83-0.40.96-0.930.670.770.75
0.980.940.960.960.980.820.940.940.820.95-0.79-0.50.970.030.990.59-0.91-0.5-0.85-0.490.99-0.920.820.910.9
0.990.860.990.960.990.880.960.860.880.94-0.7-0.410.90.230.970.7-0.92-0.39-0.83-0.40.96-0.950.650.780.76
0.980.880.980.980.990.860.980.880.860.97-0.71-0.410.920.150.970.65-0.92-0.47-0.83-0.40.97-0.950.70.810.8
0.890.680.910.820.880.860.860.681.00.84-0.5-0.330.770.140.840.66-0.73-0.27-0.71-0.320.83-0.860.510.580.57
0.960.80.970.940.960.980.860.80.860.99-0.64-0.380.90.150.940.71-0.88-0.43-0.82-0.370.94-0.910.650.750.74
0.891.00.850.940.860.880.680.80.680.81-0.84-0.50.88-0.040.950.37-0.88-0.64-0.78-0.490.94-0.870.830.940.89
0.890.680.910.820.880.861.00.860.680.84-0.5-0.330.770.140.840.66-0.73-0.27-0.71-0.320.83-0.860.510.580.57
0.950.810.950.950.940.970.840.990.810.84-0.66-0.410.950.040.940.67-0.85-0.46-0.82-0.40.95-0.870.740.80.81
-0.71-0.84-0.67-0.79-0.7-0.71-0.5-0.64-0.84-0.5-0.660.86-0.730.21-0.78-0.360.810.60.910.85-0.810.76-0.72-0.87-0.76
-0.44-0.5-0.41-0.5-0.41-0.41-0.33-0.38-0.5-0.33-0.410.86-0.50.29-0.48-0.370.460.290.841.0-0.540.45-0.53-0.63-0.48
0.930.880.910.970.90.920.770.90.880.770.95-0.73-0.5-0.090.940.59-0.8-0.43-0.82-0.50.96-0.810.90.930.94
0.18-0.040.230.030.230.150.140.15-0.040.140.040.210.29-0.090.10.53-0.090.490.030.290.03-0.12-0.38-0.23-0.27
0.990.950.970.990.970.970.840.940.950.840.94-0.78-0.480.940.10.61-0.91-0.5-0.85-0.470.99-0.940.780.890.85
0.70.370.750.590.70.650.660.710.370.660.67-0.36-0.370.590.530.61-0.490.26-0.67-0.370.61-0.550.30.380.32
-0.9-0.88-0.88-0.91-0.92-0.92-0.73-0.88-0.88-0.73-0.850.810.46-0.8-0.09-0.91-0.490.590.820.45-0.90.98-0.62-0.78-0.75
-0.4-0.64-0.34-0.5-0.39-0.47-0.27-0.43-0.64-0.27-0.460.60.29-0.430.49-0.50.260.590.40.28-0.510.54-0.47-0.56-0.54
-0.84-0.78-0.83-0.85-0.83-0.83-0.71-0.82-0.78-0.71-0.820.910.84-0.820.03-0.85-0.670.820.40.83-0.890.83-0.68-0.81-0.71
-0.43-0.49-0.4-0.49-0.4-0.4-0.32-0.37-0.49-0.32-0.40.851.0-0.50.29-0.47-0.370.450.280.83-0.530.44-0.52-0.63-0.47
0.980.940.960.990.960.970.830.940.940.830.95-0.81-0.540.960.030.990.61-0.9-0.51-0.89-0.53-0.930.810.910.87
-0.94-0.87-0.93-0.92-0.95-0.95-0.86-0.91-0.87-0.86-0.870.760.45-0.81-0.12-0.94-0.550.980.540.830.44-0.93-0.59-0.75-0.71
0.720.830.670.820.650.70.510.650.830.510.74-0.72-0.530.9-0.380.780.3-0.62-0.47-0.68-0.520.81-0.590.950.97
0.820.940.770.910.780.810.580.750.940.580.8-0.87-0.630.93-0.230.890.38-0.78-0.56-0.81-0.630.91-0.750.950.97
0.790.890.750.90.760.80.570.740.890.570.81-0.76-0.480.94-0.270.850.32-0.75-0.54-0.71-0.470.87-0.710.970.97
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Berkshire Hathaway Account Relationship Matchups

Berkshire Hathaway fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets702.1B707.8B817.7B873.7B1.0T818.9B
Short Long Term Debt Total96.3B93.1B98.7B113.5B130.6B109.8B
Total Stockholder Equity348.3B348.7B424.8B443.2B509.6B406.3B
Other Liab241.5B259.1B283.0B294.3B338.5B267.0B
Net Tangible Assets311.3B338.7B402.7B363.8B418.3B322.8B
Retained Earnings402.5B444.6B534.4B511.6B588.3B421.3B
Cash31.6B30.4B64.2B48.0B55.2B44.5B
Other Assets55.4B63.8B67.6B72.5B83.4B52.5B
Long Term Debt96.3B93.1B98.7B113.5B130.6B109.8B
Cash And Short Term Investments31.6B30.4B64.2B48.0B55.2B44.5B
Net Receivables35.8B35.9B39.6B48.3B55.5B35.0B
Good Will81.3B81.0B81.9B73.7B66.4B63.6B
Capital Surpluse35.7B35.7B35.7B35.6B32.1B28.5B
Inventory19.9B19.2B21.0B25.4B29.2B21.6B
Other Stockholder Equity(5.2B)(4.2B)(4.0B)(6.6B)(5.9B)(6.2B)
Total Liab353.8B359.1B392.9B430.6B495.1B412.5B
Deferred Long Term Liab16.7B15.7B14.0B13.7B15.7B16.5B
Short Term Debt6.3B4.4B4.7B3.3B3.0B3.6B
Intangible Assets33.2B32.1B31.6B30.7B27.6B25.9B
Property Plant Equipment180.3B192.6B196.4B201.9B232.2B196.3B
Other Current Liab2.0B958M940M1.2B1.1B1.4B
Total Current Liabilities44.4B45.6B45.2B62.5B71.9B53.4B
Accounts Payable36.4B40.0B40.7B44.6B51.3B43.7B
Other Current Assets602M676M851M1.2B1.4B864.2M
Total Current Assets184.3B194.0B208.1B203.4B233.9B210.5B

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