Berkshire Tax Provision vs Operating Income 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 Tax Provision and its Operating Income 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.

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berkshire Hathaway Tax Provision account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Berkshire Hathaway's Tax Provision and Operating Income is -0.27. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Operating Income 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 Tax Provision and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Berkshire Hathaway are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Tax Provision i.e., Berkshire Hathaway's Tax Provision and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

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Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Operating Income

Operating Income is the amount of profit realized from Berkshire Hathaway operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Berkshire Hathaway is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 Profit	56.2B	53.6B	61.6B	56.9B
Total Revenue	254.6B	245.5B	282.3B	264.7B

Gross Profit Total Revenue

Berkshire Hathaway fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Capital Surpluse	Inventory	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Treasury Stock	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Total Current Liabilities	Accounts Payable	Other Current Assets
Total Assets		0.89	1.0	0.98	0.99	0.98	0.89	0.96	0.89	0.89	0.95	-0.71	-0.44	0.93	0.18	0.99	0.7	-0.9	-0.4	-0.84	-0.43	0.98	-0.94	0.72	0.82	0.79
Short Long Term Debt Total	0.89		0.85	0.94	0.86	0.88	0.68	0.8	1.0	0.68	0.81	-0.84	-0.5	0.88	-0.04	0.95	0.37	-0.88	-0.64	-0.78	-0.49	0.94	-0.87	0.83	0.94	0.89
Total Stockholder Equity	1.0	0.85		0.96	0.99	0.98	0.91	0.97	0.85	0.91	0.95	-0.67	-0.41	0.91	0.23	0.97	0.75	-0.88	-0.34	-0.83	-0.4	0.96	-0.93	0.67	0.77	0.75
Other Liab	0.98	0.94	0.96		0.96	0.98	0.82	0.94	0.94	0.82	0.95	-0.79	-0.5	0.97	0.03	0.99	0.59	-0.91	-0.5	-0.85	-0.49	0.99	-0.92	0.82	0.91	0.9
Net Tangible Assets	0.99	0.86	0.99	0.96		0.99	0.88	0.96	0.86	0.88	0.94	-0.7	-0.41	0.9	0.23	0.97	0.7	-0.92	-0.39	-0.83	-0.4	0.96	-0.95	0.65	0.78	0.76
Retained Earnings	0.98	0.88	0.98	0.98	0.99		0.86	0.98	0.88	0.86	0.97	-0.71	-0.41	0.92	0.15	0.97	0.65	-0.92	-0.47	-0.83	-0.4	0.97	-0.95	0.7	0.81	0.8
Cash	0.89	0.68	0.91	0.82	0.88	0.86		0.86	0.68	1.0	0.84	-0.5	-0.33	0.77	0.14	0.84	0.66	-0.73	-0.27	-0.71	-0.32	0.83	-0.86	0.51	0.58	0.57
Other Assets	0.96	0.8	0.97	0.94	0.96	0.98	0.86		0.8	0.86	0.99	-0.64	-0.38	0.9	0.15	0.94	0.71	-0.88	-0.43	-0.82	-0.37	0.94	-0.91	0.65	0.75	0.74
Long Term Debt	0.89	1.0	0.85	0.94	0.86	0.88	0.68	0.8		0.68	0.81	-0.84	-0.5	0.88	-0.04	0.95	0.37	-0.88	-0.64	-0.78	-0.49	0.94	-0.87	0.83	0.94	0.89
Cash And Short Term Investments	0.89	0.68	0.91	0.82	0.88	0.86	1.0	0.86	0.68		0.84	-0.5	-0.33	0.77	0.14	0.84	0.66	-0.73	-0.27	-0.71	-0.32	0.83	-0.86	0.51	0.58	0.57
Net Receivables	0.95	0.81	0.95	0.95	0.94	0.97	0.84	0.99	0.81	0.84		-0.66	-0.41	0.95	0.04	0.94	0.67	-0.85	-0.46	-0.82	-0.4	0.95	-0.87	0.74	0.8	0.81
Good Will	-0.71	-0.84	-0.67	-0.79	-0.7	-0.71	-0.5	-0.64	-0.84	-0.5	-0.66		0.86	-0.73	0.21	-0.78	-0.36	0.81	0.6	0.91	0.85	-0.81	0.76	-0.72	-0.87	-0.76
Capital Surpluse	-0.44	-0.5	-0.41	-0.5	-0.41	-0.41	-0.33	-0.38	-0.5	-0.33	-0.41	0.86		-0.5	0.29	-0.48	-0.37	0.46	0.29	0.84	1.0	-0.54	0.45	-0.53	-0.63	-0.48
Inventory	0.93	0.88	0.91	0.97	0.9	0.92	0.77	0.9	0.88	0.77	0.95	-0.73	-0.5		-0.09	0.94	0.59	-0.8	-0.43	-0.82	-0.5	0.96	-0.81	0.9	0.93	0.94
Other Stockholder Equity	0.18	-0.04	0.23	0.03	0.23	0.15	0.14	0.15	-0.04	0.14	0.04	0.21	0.29	-0.09		0.1	0.53	-0.09	0.49	0.03	0.29	0.03	-0.12	-0.38	-0.23	-0.27
Total Liab	0.99	0.95	0.97	0.99	0.97	0.97	0.84	0.94	0.95	0.84	0.94	-0.78	-0.48	0.94	0.1		0.61	-0.91	-0.5	-0.85	-0.47	0.99	-0.94	0.78	0.89	0.85
Deferred Long Term Liab	0.7	0.37	0.75	0.59	0.7	0.65	0.66	0.71	0.37	0.66	0.67	-0.36	-0.37	0.59	0.53	0.61		-0.49	0.26	-0.67	-0.37	0.61	-0.55	0.3	0.38	0.32
Treasury Stock	-0.9	-0.88	-0.88	-0.91	-0.92	-0.92	-0.73	-0.88	-0.88	-0.73	-0.85	0.81	0.46	-0.8	-0.09	-0.91	-0.49		0.59	0.82	0.45	-0.9	0.98	-0.62	-0.78	-0.75
Short Term Debt	-0.4	-0.64	-0.34	-0.5	-0.39	-0.47	-0.27	-0.43	-0.64	-0.27	-0.46	0.6	0.29	-0.43	0.49	-0.5	0.26	0.59		0.4	0.28	-0.51	0.54	-0.47	-0.56	-0.54
Intangible Assets	-0.84	-0.78	-0.83	-0.85	-0.83	-0.83	-0.71	-0.82	-0.78	-0.71	-0.82	0.91	0.84	-0.82	0.03	-0.85	-0.67	0.82	0.4		0.83	-0.89	0.83	-0.68	-0.81	-0.71
Common Stock	-0.43	-0.49	-0.4	-0.49	-0.4	-0.4	-0.32	-0.37	-0.49	-0.32	-0.4	0.85	1.0	-0.5	0.29	-0.47	-0.37	0.45	0.28	0.83		-0.53	0.44	-0.52	-0.63	-0.47
Property Plant Equipment	0.98	0.94	0.96	0.99	0.96	0.97	0.83	0.94	0.94	0.83	0.95	-0.81	-0.54	0.96	0.03	0.99	0.61	-0.9	-0.51	-0.89	-0.53		-0.93	0.81	0.91	0.87
Other Current Liab	-0.94	-0.87	-0.93	-0.92	-0.95	-0.95	-0.86	-0.91	-0.87	-0.86	-0.87	0.76	0.45	-0.81	-0.12	-0.94	-0.55	0.98	0.54	0.83	0.44	-0.93		-0.59	-0.75	-0.71
Total Current Liabilities	0.72	0.83	0.67	0.82	0.65	0.7	0.51	0.65	0.83	0.51	0.74	-0.72	-0.53	0.9	-0.38	0.78	0.3	-0.62	-0.47	-0.68	-0.52	0.81	-0.59		0.95	0.97
Accounts Payable	0.82	0.94	0.77	0.91	0.78	0.81	0.58	0.75	0.94	0.58	0.8	-0.87	-0.63	0.93	-0.23	0.89	0.38	-0.78	-0.56	-0.81	-0.63	0.91	-0.75	0.95		0.97
Other Current Assets	0.79	0.89	0.75	0.9	0.76	0.8	0.57	0.74	0.89	0.57	0.81	-0.76	-0.48	0.94	-0.27	0.85	0.32	-0.75	-0.54	-0.71	-0.47	0.87	-0.71	0.97	0.97

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Berkshire Hathaway Account Relationship Matchups

Berkshire Hathaway fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	702.1B	707.8B	817.7B	873.7B	1.0T	818.9B
Short Long Term Debt Total	96.3B	93.1B	98.7B	113.5B	130.6B	109.8B
Total Stockholder Equity	348.3B	348.7B	424.8B	443.2B	509.6B	406.3B
Other Liab	241.5B	259.1B	283.0B	294.3B	338.5B	267.0B
Net Tangible Assets	311.3B	338.7B	402.7B	363.8B	418.3B	322.8B
Retained Earnings	402.5B	444.6B	534.4B	511.6B	588.3B	421.3B
Cash	31.6B	30.4B	64.2B	48.0B	55.2B	44.5B
Other Assets	55.4B	63.8B	67.6B	72.5B	83.4B	52.5B
Long Term Debt	96.3B	93.1B	98.7B	113.5B	130.6B	109.8B
Cash And Short Term Investments	31.6B	30.4B	64.2B	48.0B	55.2B	44.5B
Net Receivables	35.8B	35.9B	39.6B	48.3B	55.5B	35.0B
Good Will	81.3B	81.0B	81.9B	73.7B	66.4B	63.6B
Capital Surpluse	35.7B	35.7B	35.7B	35.6B	32.1B	28.5B
Inventory	19.9B	19.2B	21.0B	25.4B	29.2B	21.6B
Other Stockholder Equity	(5.2B)	(4.2B)	(4.0B)	(6.6B)	(5.9B)	(6.2B)
Total Liab	353.8B	359.1B	392.9B	430.6B	495.1B	412.5B
Deferred Long Term Liab	16.7B	15.7B	14.0B	13.7B	15.7B	16.5B
Short Term Debt	6.3B	4.4B	4.7B	3.3B	3.0B	3.6B
Intangible Assets	33.2B	32.1B	31.6B	30.7B	27.6B	25.9B
Property Plant Equipment	180.3B	192.6B	196.4B	201.9B	232.2B	196.3B
Other Current Liab	2.0B	958M	940M	1.2B	1.1B	1.4B
Total Current Liabilities	44.4B	45.6B	45.2B	62.5B	71.9B	53.4B
Accounts Payable	36.4B	40.0B	40.7B	44.6B	51.3B	43.7B
Other Current Assets	602M	676M	851M	1.2B	1.4B	864.2M
Total Current Assets	184.3B	194.0B	208.1B	203.4B	233.9B	210.5B

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Berkshire Tax Provision vs Operating Income Analysis

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

Correlation Coefficient

Tax Provision

Operating Income

Berkshire Hathaway fundamental ratios Correlations

Berkshire Hathaway Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Berkshire Hathaway fundamental ratios Accounts

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Additional Tools for Berkshire Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Capital Surpluse
Net Tangible Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Other Current Liab	- 0.95	Retained Earnings
Other Current Liab	- 0.95	Net Tangible Assets
Other Current Liab	- 0.94	Total Liab
Other Current Liab	- 0.94	Total Assets
Other Current Liab	- 0.93	Property Plant Equipment
Other Current Liab	- 0.93	Total Stockholder Equity