Burford Net Income vs Depreciation Analysis
BUR Stock | USD 13.30 0.08 0.60% |
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 Net Income and its Depreciation 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.
Net Income vs Depreciation
Net Income vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Burford Capital Net Income account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Burford Capital's Net Income and Depreciation is -0.55. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation 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 Net Income and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Burford Capital are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Burford Capital's Net Income and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Burford Capital financial statement analysis. It represents the amount of money remaining after all of Burford Capital operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Depreciation
Depreciation indicates how much of Burford Capital value has been used up. For tax purposes Burford Capital can deduct the cost of the tangible assets it purchases as business expenses. However, Burford Capital must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.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 12/09/2024, 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 Expense | 58.6M | 77.4M | 94.6M | 47.4M | Cost Of Revenue | 5.3M | 8.2M | 16.5M | 11.6M |
Burford Capital fundamental ratios Correlations
Click cells to compare fundamentals
Burford Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Burford Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 2.7B | 3.5B | 4.3B | 5.8B | 6.1B | |
Other Current Liab | (9.5M) | (9.6M) | (13.9M) | (19.4M) | 246.2M | 258.5M | |
Total Current Liabilities | 9.5M | 9.6M | 13.9M | 16.8M | 284.8M | 299.1M | |
Total Stockholder Equity | 1.5B | 1.7B | 1.6B | 1.7B | 2.3B | 2.4B | |
Net Debt | 488.6M | 359.1M | 854.2M | 1.2B | 1.3B | 1.4B | |
Accounts Payable | 9.5M | 9.6M | 13.9M | 16.8M | 34.4M | 17.5M | |
Cash | 186.6M | 322.2M | 180.3M | 107.7M | 220.5M | 142.7M | |
Non Current Assets Total | 2.3B | 2.3B | 3.2B | 4.0B | 10.4B | 10.9B | |
Cash And Short Term Investments | 186.6M | 322.2M | 180.3M | 107.7M | 328.1M | 180.7M | |
Common Stock Shares Outstanding | 219.6M | 218.9M | 219.0M | 221.8M | 223.0M | 227.0M | |
Short Term Investments | 69.3M | 16.6M | 175.0M | 137.1M | 107.6M | 76.0M | |
Liabilities And Stockholders Equity | 2.7B | 2.7B | 3.5B | 4.3B | 5.8B | 6.1B | |
Other Current Assets | (413.4M) | 24.3M | 23.4M | 21.4M | 30.7M | 32.2M | |
Other Stockholder Equity | (899.1M) | (35.3M) | (117.7M) | 22.6M | 32.1M | 33.7M | |
Total Liab | 1.1B | 1.0B | 1.6B | 1.9B | 2.6B | 2.8B | |
Total Current Assets | 344.0M | 364.1M | 286.7M | 245.5M | 619.2M | 650.1M | |
Non Currrent Assets Other | (24.9M) | (256.0K) | (77.8K) | (6.5M) | (5.3B) | (5.0B) | |
Property Plant And Equipment Net | 20.2M | 14.6M | 13.1M | 14.0M | 17.4M | 18.3M | |
Other Assets | 29.9M | 22.4M | 15.2M | 23.0M | (5.2B) | (4.9B) | |
Net Receivables | 157.4M | 27.0M | 82.6M | 112.8M | 260.4M | 273.4M | |
Intangible Assets | 18.2M | 8.7M | 0.0 | 262.2K | 189.2K | 179.7K | |
Retained Earnings | 899.1M | 1.0B | 922.5M | 1.1B | 1.6B | 1.7B | |
Non Current Liabilities Total | 675.3M | 681.3M | 1.0B | 16.8M | 2.5B | 2.7B | |
Short Long Term Debt Total | 675.3M | 681.3M | 1.0B | 1.3B | 1.5B | 795.2M | |
Long Term Debt | 638.7M | 655.9M | 667.8M | 1.0B | 1.2B | 609.3M | |
Good Will | 134.0M | 134.0M | 133.8M | 133.9M | 134.0M | 131.1M | |
Long Term Debt Total | 638.7M | 675.3M | 681.3M | 1.0B | 1.2B | 616.3M | |
Accumulated Other Comprehensive Income | 37.5M | 29.2M | 2.9M | 47.3M | 7.3M | 6.9M | |
Property Plant Equipment | 1.9M | 20.2M | 14.6M | 13.1M | 15.0M | 8.6M | |
Other Liab | 263.9M | 297.9M | 489.8M | 632.2M | 727.0M | 763.4M | |
Net Tangible Assets | 1.4B | 1.6B | 1.4B | 1.6B | 1.8B | 1.3B | |
Long Term Investments | 2.1B | 2.2B | 3.1B | 3.9B | 5.2B | 2.7B | |
Property Plant And Equipment Gross | 1.9M | 20.2M | 14.6M | 21.1M | 24.3M | 13.2M | |
Net Invested Capital | 2.2B | 2.4B | 2.6B | 3.0B | 3.8B | 2.9B |
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
Moving against Burford Stock
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.