| RILY Stock | | | USD 5.05 0.22 4.55% |
B Riley financial indicator trend analysis is way more than just evaluating B Riley Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether B Riley Financial is a good investment. Please check the relationship between B Riley Gross Profit and its Depreciation And Amortization accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
B Riley Financial Gross Profit account and
Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between B Riley's Gross Profit and Depreciation And Amortization is 0.65. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of B Riley Financial, assuming nothing else is changed. The correlation between historical values of B Riley's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of B Riley Financial are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., B Riley's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of B Riley Financial minus its cost of goods sold. It is profit before B Riley operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from B Riley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into B Riley Financial 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, B Riley's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 116.8
M in 2024, despite the fact that
Tax Provision is likely to grow to (34.9
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 1.7B | 1.1B | 1.6B | 1.7B | Depreciation And Amortization | 1.0B | 1.0B | 167.9K | 159.5K |
B Riley fundamental ratios Correlations
Click cells to compare fundamentals
B Riley Account Relationship Matchups
High Positive Relationship
High Negative Relationship
B Riley fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for RILY Stock Analysis
When running B Riley's price analysis, check to
measure B Riley'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 B Riley is operating at the current time. Most of B Riley's value examination focuses on studying past and present price action to
predict the probability of B Riley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B Riley's price. Additionally, you may evaluate how the addition of B Riley to your portfolios can decrease your overall portfolio volatility.