Barnwell Cost Of Revenue vs Ebit Analysis
BRN Stock | USD 1.69 0.01 0.60% |
Barnwell Industries financial indicator trend analysis is way more than just evaluating Barnwell Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barnwell Industries is a good investment. Please check the relationship between Barnwell Industries Cost Of Revenue and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnwell Industries. 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. To learn how to invest in Barnwell Stock, please use our How to Invest in Barnwell Industries guide.
Cost Of Revenue vs Ebit
Cost Of Revenue vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barnwell Industries Cost Of Revenue account and Ebit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Barnwell Industries' Cost Of Revenue and Ebit is -0.15. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of Barnwell Industries, assuming nothing else is changed. The correlation between historical values of Barnwell Industries' Cost Of Revenue and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Barnwell Industries are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Cost Of Revenue i.e., Barnwell Industries' Cost Of Revenue and Ebit go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Barnwell Industries income statement and represents the costs associated with goods and services Barnwell Industries 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.Ebit
Most indicators from Barnwell Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barnwell Industries 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 Barnwell Industries. 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. To learn how to invest in Barnwell Stock, please use our How to Invest in Barnwell Industries guide.At this time, Barnwell Industries' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Multiple is likely to grow to 6.44, while Selling General Administrative is likely to drop about 7.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 8.0M | 4.7M | 5.4M | 5.1M | Cost Of Revenue | 16.8M | 20.6M | 23.6M | 24.8M |
Barnwell Industries fundamental ratios Correlations
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Barnwell Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Barnwell Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.2M | 24.4M | 37.2M | 35.4M | 40.7M | 52.1M | |
Other Current Liab | 4.1M | 4.5M | 7.5M | 5.7M | 6.6M | 4.8M | |
Total Current Liabilities | 6.4M | 5.9M | 8.9M | 6.6M | 7.6M | 10.6M | |
Total Stockholder Equity | (2.0M) | 9.5M | 19.1M | 18.7M | 21.6M | 17.5M | |
Property Plant And Equipment Net | 4.0M | 4.2M | 13.7M | 21.9M | 25.1M | 31.8M | |
Net Debt | (4.3M) | (11.1M) | (12.6M) | (2.8M) | (2.5M) | (2.4M) | |
Retained Earnings | (3.9M) | 2.4M | 7.7M | 6.2M | 7.1M | 6.7M | |
Cash | 4.6M | 11.3M | 12.8M | 2.8M | 3.3M | 3.1M | |
Non Current Assets Total | 5.7M | 6.4M | 17.1M | 26.3M | 30.3M | 36.4M | |
Non Currrent Assets Other | 771K | 1.9M | 3.2M | 4.5M | 5.1M | 5.4M | |
Cash And Short Term Investments | 4.6M | 11.3M | 12.8M | 2.8M | 3.3M | 3.1M | |
Net Receivables | 2.6M | 3.6M | 4.4M | 4.2M | 4.8M | 4.3M | |
Liabilities And Stockholders Equity | 15.2M | 24.4M | 37.2M | 35.4M | 40.7M | 52.1M | |
Non Current Liabilities Total | 10.8M | 9.0M | 9.1M | 10.1M | 9.1M | 17.1M | |
Inventory | 699K | 687K | 351K | 348K | 400.2K | 380.2K | |
Other Current Assets | 1.8M | 2.5M | 2.9M | 1.7M | 2.0M | 1.5M | |
Total Liab | 17.1M | 14.9M | 18.1M | 16.7M | 15.0M | 24.8M | |
Property Plant And Equipment Gross | 4.0M | 60.2M | 74.9M | 88.1M | 101.3M | 106.4M | |
Total Current Assets | 9.5M | 18.0M | 20.1M | 9.1M | 10.4M | 15.7M | |
Accumulated Other Comprehensive Income | (1.4M) | 32K | 1.3M | 2.1M | 2.4M | 2.5M | |
Short Term Debt | 111K | 455K | 105K | 71K | 81.7K | 77.6K | |
Accounts Payable | 2.1M | 1.4M | 1.5M | 881K | 792.9K | 753.3K | |
Other Assets | 280K | 771K | 2.2M | 3.4M | 3.9M | 4.1M | |
Property Plant Equipment | 8.4M | 3.8M | 4.2M | 13.7M | 12.4M | 11.7M | |
Current Deferred Revenue | 2.9M | 455K | 188K | 377K | 339.3K | 322.3K | |
Other Liab | 12.2M | 10.6M | 8.8M | 9.0M | 10.3M | 9.6M | |
Net Tangible Assets | 1.2M | (2.0M) | 9.5M | 19.1M | 17.2M | 13.4M |
Pair Trading with Barnwell Industries
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 Barnwell Industries 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 Barnwell Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Barnwell Stock
Moving against Barnwell Stock
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0.82 | EXE | Expand Energy Symbol Change | PairCorr |
The ability to find closely correlated positions to Barnwell Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barnwell Industries 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 Barnwell Industries - 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 Barnwell Industries to buy it.
The correlation of Barnwell Industries 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 Barnwell Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barnwell Industries 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 Barnwell Industries 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 Barnwell Industries. 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. To learn how to invest in Barnwell Stock, please use our How to Invest in Barnwell Industries guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Oil & Gas Exploration & Production 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 Barnwell Industries. If investors know Barnwell 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 Barnwell Industries 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 (0.01) | Earnings Share (0.38) | Revenue Per Share 2.428 | Quarterly Revenue Growth (0.03) | Return On Assets (0.04) |
The market value of Barnwell Industries is measured differently than its book value, which is the value of Barnwell that is recorded on the company's balance sheet. Investors also form their own opinion of Barnwell Industries' value that differs from its market value or its book value, called intrinsic value, which is Barnwell Industries' 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 Barnwell Industries' market value can be influenced by many factors that don't directly affect Barnwell Industries' 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 Barnwell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barnwell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnwell Industries' 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.