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 Total Revenue and its Minority Interest 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.
Total Revenue vs Minority Interest
Total Revenue vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Berkshire Hathaway Total Revenue account and
Minority Interest. At this time, the significance of the direction appears to have totally related.
The correlation between Berkshire Hathaway's Total Revenue and Minority Interest is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Minority Interest 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 Total Revenue and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Berkshire Hathaway are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Total Revenue i.e., Berkshire Hathaway's Total Revenue and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Berkshire Hathaway generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Berkshire Hathaway whose combined shares represent less than 50% of the total outstanding shares issued by Berkshire Hathaway have a minority interest in Berkshire Hathaway.
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 |
Berkshire Hathaway fundamental ratios Correlations
Click cells to compare fundamentals
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
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measure Berkshire Hathaway's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berkshire Hathaway is operating at the current time. Most of Berkshire Hathaway's value examination focuses on studying past and present price action to
predict the probability of Berkshire Hathaway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hathaway's price. Additionally, you may evaluate how the addition of Berkshire Hathaway to your portfolios can decrease your overall portfolio volatility.