Burford Historical Income Statement
| BUR Stock | USD 13.81 0.08 0.58% |
Historical analysis of Burford Capital income statement accounts such as Total Revenue of 1.1 B, Gross Profit of 1.1 B or Other Operating Expenses of 276.4 M can show how well Burford Capital performed in making a profits. Evaluating Burford Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Burford Capital's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Burford Capital latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Burford Capital is a good buy for the upcoming year.
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About Burford Income Statement Analysis
Burford Capital Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Burford Capital shareholders. The income statement also shows Burford investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Burford Capital Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Burford Capital. It is also known as Burford Capital overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Cost Of Revenue
Cost of Revenue is found on Burford Capital income statement and represents the costs associated with goods and services Burford Capital 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 accounts from Burford Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Burford Capital current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Burford Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Burford Stock, please use our How to Invest in Burford Capital guide.At this time, Burford Capital's Income Before Tax is relatively stable compared to the past year. As of 11/23/2024, Net Income is likely to grow to about 641 M, while Depreciation And Amortization is likely to drop slightly above 10.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 58.6M | 77.4M | 94.6M | 47.4M | Cost Of Revenue | 5.3M | 8.2M | 16.5M | 11.6M |
Burford Capital income statement Correlations
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Burford Capital Account Relationship Matchups
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High Negative Relationship
Burford Capital income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Selling General Administrative | 9.6M | 99.3M | 45.0M | 49.1M | 33.7M | 21.0M | |
| Total Revenue | 327.6M | 316.7M | (12.8M) | 158.1M | 1.1B | 1.1B | |
| Gross Profit | 308.5M | 311.8M | (18.1M) | 149.9M | 1.1B | 1.1B | |
| Other Operating Expenses | 102.1M | 108.0M | 46.7M | 49.1M | 263.2M | 276.4M | |
| Operating Income | 225.5M | 208.6M | (75.1M) | 186.4M | 815.7M | 856.4M | |
| Ebit | 225.5M | 253.5M | (216.2M) | 56.8M | 815.7M | 856.4M | |
| Ebitda | 237.5M | 218.9M | (71.9M) | 199.4M | 826.4M | 867.8M | |
| Total Operating Expenses | 102.1M | 108.0M | 46.7M | 49.1M | 246.7M | 259.1M | |
| Income Before Tax | 225.5M | 208.6M | (59.4M) | 109.0M | 756.1M | 793.9M | |
| Net Income | 212.1M | 143.3M | (56.4M) | 97.5M | 610.5M | 641.0M | |
| Depreciation And Amortization | 12.0M | (34.5M) | 144.3M | 142.6M | 10.8M | 10.2M | |
| Total Other Income Expense Net | (43.3M) | (28.3M) | 2.8M | (85.9M) | (59.6M) | (56.6M) | |
| Income Tax Expense | 13.4M | 36.9M | (3.0M) | 11.6M | 20.1M | 21.1M | |
| Cost Of Revenue | 19.2M | 4.8M | 5.3M | 8.2M | 16.5M | 11.6M | |
| Interest Expense | 38.4M | 40.3M | 58.6M | 77.4M | 94.6M | 47.4M | |
| Tax Provision | 13.4M | 36.9M | (3.0M) | 11.6M | 16.3M | 17.1M | |
| Interest Income | 9.7M | 23.7M | 386K | 64.1M | 95.8M | 0.0 | |
| Net Income Applicable To Common Shares | 212.1M | 171.7M | (56.4M) | 30.5M | 27.5M | 26.1M | |
| Net Interest Income | (14.7M) | (39.9M) | (58.6M) | (77.4M) | (91.2M) | (86.6M) | |
| Net Income From Continuing Ops | 212.1M | 171.7M | (56.4M) | 97.5M | 678.0M | 711.9M | |
| Reconciled Depreciation | 13.0M | 10.5M | 3.2M | 4.4M | 3.9M | 7.1M |
Pair Trading with Burford Capital
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 Burford Capital 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 Burford Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Burford Stock
Moving against Burford Stock
| 0.37 | RC | Ready Capital Corp | PairCorr |
| 0.32 | PT | Pintec Technology | PairCorr |
| 0.31 | RM | Regional Management Corp | PairCorr |
The ability to find closely correlated positions to Burford Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burford Capital 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 Burford Capital - 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 Burford Capital to buy it.
The correlation of Burford Capital 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 Burford Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burford Capital 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 Burford Capital 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.Additional Tools for Burford Stock Analysis
When running Burford Capital's price analysis, check to measure Burford Capital'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 Burford Capital is operating at the current time. Most of Burford Capital's value examination focuses on studying past and present price action to predict the probability of Burford Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burford Capital's price. Additionally, you may evaluate how the addition of Burford Capital to your portfolios can decrease your overall portfolio volatility.