Burford Gross Profit vs Operating Income Analysis

BUR Stock  USD 13.35  0.02  0.15%   
Burford Capital financial indicator trend analysis is way more than just evaluating Burford Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Burford Capital is a good investment. Please check the relationship between Burford Capital Gross Profit and its Operating Income accounts. 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.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Burford Capital Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Burford Capital's Gross Profit and Operating Income is 0.97. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Burford Capital, assuming nothing else is changed. The correlation between historical values of Burford Capital's Gross Profit and Operating Income 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 Burford Capital are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Burford Capital's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Burford Capital minus its cost of goods sold. It is profit before Burford Capital 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.

Operating Income

Operating Income is the amount of profit realized from Burford Capital operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Burford Capital is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Burford Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is relatively stable compared to the past year. As of 12/04/2024, Sales General And Administrative To Revenue is likely to grow to 0.03, while Enterprise Value Over EBITDA is likely to drop 5.45.
 2021 2022 2023 2024 (projected)
Interest Expense58.6M77.4M94.6M47.4M
Cost Of Revenue5.3M8.2M16.5M11.6M

Burford Capital fundamental ratios Correlations

0.750.760.980.980.180.560.940.510.790.040.15-0.061.00.860.78-0.750.87-0.770.76-0.550.990.110.850.90.86
0.750.940.660.720.040.170.910.380.380.080.320.150.740.780.27-0.980.54-0.980.78-0.410.72-0.20.930.540.41
0.760.940.660.70.380.230.920.370.46-0.030.250.170.760.780.27-0.980.53-0.980.76-0.280.72-0.210.910.510.42
0.980.660.660.930.140.70.880.60.82-0.050.04-0.170.970.880.87-0.660.91-0.680.73-0.551.00.180.810.890.88
0.980.720.70.930.080.430.910.410.730.160.19-0.040.980.770.74-0.710.83-0.720.73-0.570.940.110.80.920.87
0.180.040.380.140.080.220.210.120.26-0.25-0.120.110.190.160.06-0.220.09-0.230.110.290.14-0.090.130.060.14
0.560.170.230.70.430.220.40.720.7-0.42-0.3-0.210.550.650.82-0.210.58-0.220.38-0.240.660.40.440.570.67
0.940.910.920.880.910.210.40.460.660.030.250.050.940.870.57-0.930.76-0.940.81-0.490.92-0.050.940.770.69
0.510.380.370.60.410.120.720.460.320.06-0.08-0.080.490.740.61-0.360.49-0.390.4-0.120.590.170.530.530.56
0.790.380.460.820.730.260.70.660.32-0.2-0.13-0.240.790.630.78-0.440.76-0.440.55-0.610.80.330.580.720.75
0.040.08-0.03-0.050.16-0.25-0.420.030.06-0.20.280.050.05-0.04-0.060.010.02-0.02-0.02-0.27-0.030.070.00.150.09
0.150.320.250.040.19-0.12-0.30.25-0.08-0.130.280.480.14-0.08-0.17-0.30.09-0.29-0.22-0.340.090.050.170.130.03
-0.060.150.17-0.17-0.040.11-0.210.05-0.08-0.240.050.48-0.06-0.07-0.35-0.17-0.47-0.16-0.110.09-0.140.010.0-0.1-0.16
1.00.740.760.970.980.190.550.940.490.790.050.14-0.060.850.77-0.750.86-0.770.77-0.530.980.110.850.90.87
0.860.780.780.880.770.160.650.870.740.63-0.04-0.08-0.070.850.69-0.780.7-0.790.87-0.360.89-0.040.890.690.67
0.780.270.270.870.740.060.820.570.610.78-0.06-0.17-0.350.770.69-0.280.82-0.290.54-0.520.830.30.50.860.91
-0.75-0.98-0.98-0.66-0.71-0.22-0.21-0.93-0.36-0.440.01-0.3-0.17-0.75-0.78-0.28-0.531.0-0.780.37-0.720.22-0.92-0.54-0.42
0.870.540.530.910.830.090.580.760.490.760.020.09-0.470.860.70.82-0.53-0.550.54-0.570.90.20.690.810.8
-0.77-0.98-0.98-0.68-0.72-0.23-0.22-0.94-0.39-0.44-0.02-0.29-0.16-0.77-0.79-0.291.0-0.55-0.780.36-0.740.2-0.93-0.55-0.44
0.760.780.760.730.730.110.380.810.40.55-0.02-0.22-0.110.770.870.54-0.780.54-0.78-0.340.75-0.30.810.610.54
-0.55-0.41-0.28-0.55-0.570.29-0.24-0.49-0.12-0.61-0.27-0.340.09-0.53-0.36-0.520.37-0.570.36-0.34-0.54-0.31-0.43-0.56-0.47
0.990.720.721.00.940.140.660.920.590.8-0.030.09-0.140.980.890.83-0.720.9-0.740.75-0.540.160.850.890.86
0.11-0.2-0.210.180.11-0.090.4-0.050.170.330.070.050.010.11-0.040.30.220.20.2-0.3-0.310.160.050.20.3
0.850.930.910.810.80.130.440.940.530.580.00.170.00.850.890.5-0.920.69-0.930.81-0.430.850.050.660.6
0.90.540.510.890.920.060.570.770.530.720.150.13-0.10.90.690.86-0.540.81-0.550.61-0.560.890.20.660.98
0.860.410.420.880.870.140.670.690.560.750.090.03-0.160.870.670.91-0.420.8-0.440.54-0.470.860.30.60.98
Click cells to compare fundamentals

Burford Capital Account Relationship Matchups

Burford Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.7B3.5B4.3B5.8B6.1B
Other Current Liab(9.5M)(9.6M)(13.9M)(19.4M)246.2M258.5M
Total Current Liabilities9.5M9.6M13.9M16.8M284.8M299.1M
Total Stockholder Equity1.5B1.7B1.6B1.7B2.3B2.4B
Net Debt488.6M359.1M854.2M1.2B1.3B1.4B
Accounts Payable9.5M9.6M13.9M16.8M34.4M17.5M
Cash186.6M322.2M180.3M107.7M220.5M142.7M
Non Current Assets Total2.3B2.3B3.2B4.0B10.4B10.9B
Cash And Short Term Investments186.6M322.2M180.3M107.7M328.1M180.7M
Common Stock Shares Outstanding219.6M218.9M219.0M221.8M223.0M227.0M
Short Term Investments69.3M16.6M175.0M137.1M107.6M76.0M
Liabilities And Stockholders Equity2.7B2.7B3.5B4.3B5.8B6.1B
Other Current Assets(413.4M)24.3M23.4M21.4M30.7M32.2M
Other Stockholder Equity(899.1M)(35.3M)(117.7M)22.6M32.1M33.7M
Total Liab1.1B1.0B1.6B1.9B2.6B2.8B
Total Current Assets344.0M364.1M286.7M245.5M619.2M650.1M
Non Currrent Assets Other(24.9M)(256.0K)(77.8K)(6.5M)(5.3B)(5.0B)
Property Plant And Equipment Net20.2M14.6M13.1M14.0M17.4M18.3M
Other Assets29.9M22.4M15.2M23.0M(5.2B)(4.9B)
Net Receivables157.4M27.0M82.6M112.8M260.4M273.4M
Intangible Assets18.2M8.7M0.0262.2K189.2K179.7K
Retained Earnings899.1M1.0B922.5M1.1B1.6B1.7B
Non Current Liabilities Total675.3M681.3M1.0B16.8M2.5B2.7B
Short Long Term Debt Total675.3M681.3M1.0B1.3B1.5B795.2M
Long Term Debt638.7M655.9M667.8M1.0B1.2B609.3M
Good Will134.0M134.0M133.8M133.9M134.0M131.1M
Long Term Debt Total638.7M675.3M681.3M1.0B1.2B616.3M
Accumulated Other Comprehensive Income37.5M29.2M2.9M47.3M7.3M6.9M
Property Plant Equipment1.9M20.2M14.6M13.1M15.0M8.6M
Other Liab263.9M297.9M489.8M632.2M727.0M763.4M
Net Tangible Assets1.4B1.6B1.4B1.6B1.8B1.3B
Long Term Investments2.1B2.2B3.1B3.9B5.2B2.7B
Property Plant And Equipment Gross1.9M20.2M14.6M21.1M24.3M13.2M
Net Invested Capital2.2B2.4B2.6B3.0B3.8B2.9B

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

  0.81AB AllianceBernsteinPairCorr
  0.67AC Associated CapitalPairCorr

Moving against Burford Stock

  0.39RC Ready Capital CorpPairCorr
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.
Pair CorrelationCorrelation Matching

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.