Brookfield Historical Income Statement
BBU-UN Stock | CAD 36.35 0.07 0.19% |
Historical analysis of Brookfield Business income statement accounts such as Interest Expense of 3.1 B, Selling General Administrative of 1.6 B or Total Revenue of 30.2 B can show how well Brookfield Business Partners performed in making a profits. Evaluating Brookfield Business income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Brookfield Business's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Brookfield Business 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 Brookfield Business is a good buy for the upcoming year.
Brookfield |
About Brookfield Income Statement Analysis
Brookfield Business 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 Brookfield Business shareholders. The income statement also shows Brookfield 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).
Brookfield Business Income Statement Chart
Add Fundamental
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.Total Revenue
Total revenue comprises all receipts Brookfield Business 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Brookfield Business Partners minus its cost of goods sold. It is profit before Brookfield Business 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Brookfield Business. It is also known as Brookfield Business 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.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Brookfield Business' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Brookfield Business 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 Brookfield Business Partners. 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. At present, Brookfield Business' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 3.1 B, whereas Total Revenue is forecasted to decline to about 30.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.5B | 2.5B | 2.9B | 3.1B | Depreciation And Amortization | 2.3B | 3.2B | 3.6B | 3.8B |
Brookfield Business income statement Correlations
Click cells to compare fundamentals
Brookfield Business Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookfield Business income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.8B | 2.2B | 2.3B | 3.2B | 3.6B | 3.8B | |
Interest Expense | 1.3B | 1.5B | 1.5B | 2.5B | 2.9B | 3.1B | |
Selling General Administrative | 832M | 968M | 1.0B | 1.4B | 1.5B | 1.6B | |
Total Revenue | 43.0B | 37.6B | 46.6B | 57.5B | 55.1B | 30.2B | |
Gross Profit | 4.7B | 5.2B | 3.4B | 4.4B | 5.0B | 2.7B | |
Other Operating Expenses | 41.0B | 35.6B | 44.2B | 54.5B | 51.6B | 28.7B | |
Operating Income | 2.0B | 2.0B | (1.2B) | (226M) | 3.5B | 3.7B | |
Ebit | 2.0B | 2.0B | (1.2B) | 2.2B | 2.7B | 2.8B | |
Ebitda | 3.8B | 4.2B | 1.0B | 5.4B | 6.3B | 6.6B | |
Cost Of Revenue | 38.3B | 32.5B | 43.2B | 53.1B | 50.0B | 27.5B | |
Total Operating Expenses | 2.6B | 3.1B | 1.0B | 1.4B | 5.0B | 5.3B | |
Income Before Tax | 626M | 734M | 2.3B | 77M | 3.7B | 3.9B | |
Total Other Income Expense Net | (1.4B) | (1.3B) | 3.6B | 147M | 213M | 223.7M | |
Net Income | 434M | 580M | 2.2B | 355M | 482M | 401.5M | |
Income Tax Expense | 192M | 154M | 165M | (278M) | (55M) | (52.3M) | |
Net Income From Continuing Ops | 434M | 580M | 2.2B | 355M | 3.8B | 4.0B | |
Net Income Applicable To Common Shares | 43M | (91M) | 258M | 36M | 32.4M | 57.2M | |
Minority Interest | 8.9B | 9.4B | (1.9B) | (273M) | (3.2B) | (3.1B) | |
Tax Provision | 192M | 154M | 165M | (278M) | (55M) | (52.3M) | |
Net Interest Income | (1.3B) | (1.5B) | (1.5B) | (2.5B) | (3.6B) | (3.4B) | |
Reconciled Depreciation | 1.8B | 2.2B | 2.3B | 3.3B | 3.6B | 2.2B |
Pair Trading with Brookfield Business
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 Brookfield Business 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 Brookfield Business will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookfield Stock
0.76 | JPM | JPMorgan Chase | PairCorr |
0.82 | BOFA | Bank of America | PairCorr |
0.66 | RY-PM | Royal Bank Earnings Call Today | PairCorr |
0.73 | RY-PS | Royal Bank Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Brookfield Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Business 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 Brookfield Business - 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 Brookfield Business Partners to buy it.
The correlation of Brookfield Business 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 Brookfield Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Business 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 Brookfield Business 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 Brookfield Business Partners. 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. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.