Brookfield Historical Income Statement
| BEPC Stock | CAD 42.31 0.90 2.17% |
Historical analysis of Brookfield Renewable income statement accounts such as Interest Expense of 799.6 M, Selling General Administrative of 115.9 M or Total Revenue of 3.2 B can show how well Brookfield Renewable Corp performed in making a profits. Evaluating Brookfield Renewable income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Brookfield Renewable's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Brookfield Renewable Corp 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 Renewable Corp is a good buy for the upcoming year.
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About Brookfield Income Statement Analysis
Brookfield Renewable Corp 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 Renewable 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 Renewable Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Brookfield Renewable Corp 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 Renewable Corp minus its cost of goods sold. It is profit before Brookfield Renewable 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 Renewable Corp. It is also known as Brookfield Renewable 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.Most accounts from Brookfield Renewable's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Brookfield Renewable Corp 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 Renewable Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Brookfield Renewable's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Income Before Tax is likely to grow to about 400.1 M, while Depreciation And Amortization is likely to drop about 1 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.2B | 2.6B | 2.5B | 2.1B | Total Revenue | 3.4B | 3.8B | 4.0B | 3.2B |
Brookfield Renewable income statement Correlations
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Brookfield Renewable Account Relationship Matchups
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Brookfield Renewable income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 983M | 1.1B | 1.1B | 1.2B | 1.3B | 1.0B | |
| Interest Expense | 701M | 816M | 900M | 1.0B | 1.3B | 799.6M | |
| Selling General Administrative | 109M | 152M | 175M | 169M | 88M | 115.9M | |
| Total Revenue | 3.2B | 3.1B | 3.4B | 3.8B | 4.0B | 3.2B | |
| Gross Profit | 2.2B | 2.0B | 2.2B | 2.6B | 2.5B | 2.1B | |
| Other Operating Expenses | 2.1B | 2.3B | 2.5B | 2.5B | 2.9B | 2.3B | |
| Operating Income | 975M | (2.2B) | 1.9B | 3.1B | 1.7B | 1.0B | |
| Ebit | 975M | (2.2B) | 1.9B | 3.1B | 1.4B | 964.0M | |
| Ebitda | 2.0B | (1.1B) | 3.1B | 4.2B | 2.8B | 2.0B | |
| Total Operating Expenses | 1.1B | 1.2B | 1.3B | 1.3B | 1.4B | 1.1B | |
| Income Before Tax | 279M | (2.9B) | 1.0B | 2.0B | 381M | 400.1M | |
| Total Other Income Expense Net | (696M) | (742M) | (927M) | (1.1B) | 492M | 516.6M | |
| Net Income Applicable To Common Shares | 165M | (2.7B) | 946M | 1.5B | 1.7B | 1.8B | |
| Net Income | 165M | (2.8B) | 946M | 1.5B | (181M) | (172.0M) | |
| Income Tax Expense | 67M | (73M) | 87M | 118M | 73M | 76.7M | |
| Minority Interest | 10.5B | 10.5B | 16M | (347M) | (489M) | (464.6M) | |
| Tax Provision | 69M | (73M) | 87M | 118M | 73M | 55.9M | |
| Net Interest Income | (381M) | (816M) | (900M) | (1.0B) | (1.2B) | (1.2B) | |
| Interest Income | 360M | 746M | 925M | 32M | 87M | 82.7M | |
| Net Income From Continuing Ops | 425M | (2.8B) | 930M | 1.9B | 308M | 175.8M | |
| Reconciled Depreciation | 509M | 1.1B | 1.1B | 1.2B | 1.3B | 1.0B |
Pair Trading with Brookfield Renewable
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 Renewable 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 Renewable will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Brookfield Renewable 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 Renewable 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 Renewable - 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 Renewable Corp to buy it.
The correlation of Brookfield Renewable 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 Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Renewable Corp 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 Renewable 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 Renewable Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.