Barnwell Historical Income Statement

BRN Stock  USD 1.77  0.04  2.31%   
Historical analysis of Barnwell Industries income statement accounts such as Interest Expense of 2.2 K, Selling General Administrative of 7.6 M or Total Revenue of 27.1 M can show how well Barnwell Industries performed in making a profits. Evaluating Barnwell Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Barnwell Industries's future profits or losses.
 
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Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Barnwell Industries 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 Barnwell Industries is a good buy for the upcoming year.
  
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.

About Barnwell Income Statement Analysis

Barnwell Industries 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 Barnwell Industries shareholders. The income statement also shows Barnwell 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).

Barnwell Industries Income Statement Chart

At this time, Barnwell Industries' EBITDA is very stable compared to the past year. As of the 28th of November 2024, Cost Of Revenue is likely to grow to about 24.8 M, while Depreciation And Amortization is likely to drop about 5.3 M.

Total Revenue

Total revenue comprises all receipts Barnwell Industries 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 Barnwell Industries minus its cost of goods sold. It is profit before Barnwell Industries 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 Barnwell Industries. It is also known as Barnwell Industries 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.

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.
Most accounts from Barnwell Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 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 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' EBITDA is very stable compared to the past year. As of the 28th of November 2024, Cost Of Revenue is likely to grow to about 24.8 M, while Depreciation And Amortization is likely to drop about 5.3 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses8.0M4.7M5.4M5.1M
Cost Of Revenue16.8M20.6M23.6M24.8M

Barnwell Industries income statement Correlations

0.780.620.830.570.91-0.31-0.30.310.580.67-0.47-0.5-0.41-0.32-0.39-0.2-0.490.53-0.410.58-0.12-0.360.19
0.780.570.550.580.66-0.23-0.250.210.20.74-0.37-0.34-0.34-0.25-0.17-0.16-0.380.09-0.250.69-0.26-0.73-0.41
0.620.570.660.260.75-0.09-0.150.220.630.380.130.20.22-0.4-0.63-0.650.070.170.220.310.23-0.160.09
0.830.550.660.650.890.150.110.610.730.470.01-0.230.07-0.08-0.45-0.23-0.020.46-0.320.510.21-0.130.37
0.570.580.260.650.50.370.330.67-0.040.790.01-0.330.020.11-0.050.210.040.2-0.340.570.03-0.37-0.22
0.910.660.750.890.5-0.23-0.250.280.70.6-0.26-0.26-0.18-0.37-0.63-0.46-0.310.6-0.240.430.13-0.180.28
-0.31-0.23-0.090.150.37-0.230.940.74-0.13-0.180.780.290.750.550.220.360.82-0.24-0.050.140.490.08-0.12
-0.3-0.25-0.150.110.33-0.250.940.81-0.15-0.190.760.350.710.610.280.490.81-0.21-0.090.180.610.04-0.09
0.310.210.220.610.670.280.740.810.220.210.470.050.460.410.040.360.50.09-0.330.530.52-0.170.05
0.580.20.630.73-0.040.7-0.13-0.150.22-0.090.01-0.010.07-0.21-0.55-0.49-0.060.41-0.110.150.230.160.69
0.670.740.380.470.790.6-0.18-0.190.21-0.09-0.39-0.37-0.35-0.3-0.29-0.1-0.390.36-0.210.46-0.13-0.45-0.34
-0.47-0.370.130.010.01-0.260.780.760.470.01-0.390.790.990.460.020.010.99-0.440.46-0.080.620.250.02
-0.5-0.340.2-0.23-0.33-0.260.290.350.05-0.01-0.370.790.80.2-0.13-0.250.76-0.440.73-0.240.610.2-0.03
-0.41-0.340.220.070.02-0.180.750.710.460.07-0.350.990.80.33-0.09-0.10.98-0.390.46-0.130.660.290.04
-0.32-0.25-0.4-0.080.11-0.370.550.610.41-0.21-0.30.460.20.330.540.690.46-0.30.150.410.05-0.150.0
-0.39-0.17-0.63-0.45-0.05-0.630.220.280.04-0.55-0.290.02-0.13-0.090.540.820.1-0.63-0.020.07-0.33-0.37-0.28
-0.2-0.16-0.65-0.230.21-0.460.360.490.36-0.49-0.10.01-0.25-0.10.690.820.09-0.22-0.270.33-0.13-0.33-0.18
-0.49-0.380.07-0.020.04-0.310.820.810.5-0.06-0.390.990.760.980.460.10.09-0.460.41-0.090.630.22-0.03
0.530.090.170.460.20.6-0.24-0.210.090.410.36-0.44-0.44-0.39-0.3-0.63-0.22-0.46-0.470.150.180.270.4
-0.41-0.250.22-0.32-0.34-0.24-0.05-0.09-0.33-0.11-0.210.460.730.460.15-0.02-0.270.41-0.47-0.20.10.03-0.05
0.580.690.310.510.570.430.140.180.530.150.46-0.08-0.24-0.130.410.070.33-0.090.15-0.2-0.12-0.67-0.27
-0.12-0.260.230.210.030.130.490.610.520.23-0.130.620.610.660.05-0.33-0.130.630.180.1-0.120.250.18
-0.36-0.73-0.16-0.13-0.37-0.180.080.04-0.170.16-0.450.250.20.29-0.15-0.37-0.330.220.270.03-0.670.250.59
0.19-0.410.090.37-0.220.28-0.12-0.090.050.69-0.340.02-0.030.040.0-0.28-0.18-0.030.4-0.05-0.270.180.59
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Barnwell Industries Account Relationship Matchups

Barnwell Industries income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.7M1.5M3.5M5.3M6.1M5.3M
Interest Expense3K13K1K2K2.3K2.2K
Selling General Administrative5.8M7.1M8.0M7.0M8.0M7.6M
Total Revenue18.3M18.1M28.5M25.3M29.1M27.1M
Gross Profit3.8M5.0M11.7M4.7M4.2M4.0M
Other Operating Expenses20.3M20.2M24.9M27.5M31.6M23.2M
Operating Income(1.6M)3.7M7.1M(2.2M)(2.0M)(1.9M)
Ebit(4.7M)7.5M6.5M(862K)(775.8K)(737.0K)
Ebitda(2.0M)9.1M10.1M4.4M4.0M6.6M
Cost Of Revenue14.5M13.1M16.8M20.6M23.6M24.8M
Total Operating Expenses5.8M7.1M8.0M4.7M5.4M5.1M
Income Before Tax(4.7M)7.5M6.5M(864K)(777.6K)(738.7K)
Total Other Income Expense Net(2.7M)9.6M(574K)1.4M1.6M1.7M
Net Income(4.7M)6.3M5.5M(961K)(864.9K)(821.7K)
Income Tax Expense3K332K347K(53K)(47.7K)(45.3K)
Net Income Applicable To Common Shares(12.4M)(4.8M)6.3M5.5M5.0M5.2M
Minority Interest79K(950K)(659K)(150K)(135K)(128.3K)
Net Income From Continuing Ops(4.7M)7.2M6.2M(811K)(932.7K)(979.3K)
Tax Provision3K332K347K(53K)(61.0K)(64.0K)
Interest Income281K349K5.8M2.9M3.4M2.1M
Net Interest Income(3K)(13K)(1K)(2K)(2.3K)(2.4K)
Reconciled Depreciation2.1M963K2.8M4.5M5.1M5.4M

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

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Moving against Barnwell Stock

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  0.58PR Permian ResourcesPairCorr
  0.54EP Empire Petroleum CorpPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Barnwell Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barnwell Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Barnwell Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barnwell Industries Stock:
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.