Brightspire Historical Income Statement
BRSP Stock | USD 6.34 0.02 0.31% |
Historical analysis of Brightspire Capital income statement accounts such as Interest Expense of 31.6 M, Selling General Administrative of 49.6 M or Total Revenue of 359.2 M can show how well Brightspire Capital performed in making a profits. Evaluating Brightspire Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Brightspire Capital's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Brightspire Capital 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 Brightspire Capital is a good buy for the upcoming year.
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About Brightspire Income Statement Analysis
Brightspire Capital 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 Brightspire Capital shareholders. The income statement also shows Brightspire 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).
Brightspire Capital Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Brightspire Capital 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 Brightspire Capital minus its cost of goods sold. It is profit before Brightspire 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Brightspire Capital. It is also known as Brightspire Capital 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 Brightspire Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Brightspire Capital 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 Brightspire 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 state. To learn how to invest in Brightspire Stock, please use our How to Invest in Brightspire Capital guide.At this time, Brightspire Capital's Research Development is relatively stable compared to the past year. As of 12/01/2024, Non Operating Income Net Other is likely to grow to about 366.9 M, while Gross Profit is likely to drop slightly above 197.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 191.9M | 193.1M | 197.8M | 197.3M | Total Revenue | 323.1M | 358.5M | 392.1M | 359.2M |
Brightspire Capital income statement Correlations
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Brightspire Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brightspire Capital income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 103.2M | 382.2M | 83.4M | 207.1M | 33.5M | 31.8M | |
Interest Expense | 55.4M | 48.9M | 32.3M | 28.7M | 25.9M | 31.6M | |
Selling General Administrative | 81.5M | 66.3M | 64.2M | 36.5M | 39.5M | 49.6M | |
Total Revenue | 549.3M | 424.3M | 323.1M | 358.5M | 392.1M | 359.2M | |
Gross Profit | 238.8M | 212.4M | 191.9M | 193.1M | 197.8M | 197.3M | |
Other Operating Expenses | 713.5M | 416.6M | 228.0M | 315.2M | 392.1M | 331.0M | |
Operating Income | (165.1M) | (109.1M) | 169.1M | 77.9M | 93.4M | 98.1M | |
Ebit | (165.1M) | (431.5M) | 122.3M | (94.6M) | 2.4M | 2.5M | |
Ebitda | (61.9M) | (49.3M) | 205.6M | 112.5M | 35.9M | 53.2M | |
Cost Of Revenue | 310.5M | 212.0M | 131.2M | 165.5M | 194.3M | 161.9M | |
Total Operating Expenses | 403.0M | 204.6M | 96.8M | 149.8M | 192.2M | 168.4M | |
Income Before Tax | (496.4M) | (251.3M) | 32.8M | 49.2M | (23.6M) | (24.8M) | |
Total Other Income Expense Net | (331.3M) | (270.9M) | (69.8M) | (172.9M) | (117.0M) | (122.9M) | |
Net Income | (499.6M) | (240.4M) | 26.5M | 45.8M | (15.5M) | (16.3M) | |
Income Tax Expense | 3.2M | (10.9M) | 6.3M | 2.4M | 1.1M | 1.0M | |
Tax Provision | 3.2M | (10.9M) | 6.3M | 2.4M | 1.1M | 1.0M | |
Net Interest Income | (55.4M) | (48.9M) | (32.3M) | (28.7M) | (25.9M) | (27.2M) | |
Net Income From Continuing Ops | (462.6M) | (375.6M) | 26.5M | 46.8M | (15.6M) | (16.4M) | |
Reconciled Depreciation | 103.3M | 59.9M | 36.5M | 34.2M | 33.6M | 42.0M | |
Net Income Applicable To Common Shares | (416.7M) | (353.6M) | (101.0M) | 45.8M | 52.7M | 55.3M | |
Minority Interest | 82.3M | 293.0M | (3.5M) | (1.0M) | 70K | 66.5K |
Pair Trading with Brightspire 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 Brightspire 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 Brightspire Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Brightspire Stock
Moving against Brightspire Stock
0.85 | O | Realty Income | PairCorr |
0.66 | MDJH | MDJM | PairCorr |
0.65 | BHM | Bluerock Homes Trust | PairCorr |
0.46 | FR | First Industrial Realty | PairCorr |
0.38 | GIPR | Generationome Properties | PairCorr |
The ability to find closely correlated positions to Brightspire 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 Brightspire 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 Brightspire 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 Brightspire Capital to buy it.
The correlation of Brightspire 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 Brightspire Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brightspire 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 Brightspire 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 Brightspire Stock Analysis
When running Brightspire Capital's price analysis, check to measure Brightspire 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 Brightspire Capital is operating at the current time. Most of Brightspire Capital's value examination focuses on studying past and present price action to predict the probability of Brightspire 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 Brightspire Capital's price. Additionally, you may evaluate how the addition of Brightspire Capital to your portfolios can decrease your overall portfolio volatility.