RILYN Historical Income Statement
| RILYN Stock | USD 12.61 0.07 0.55% |
Historical analysis of B Riley income statement accounts such as Total Operating Expenses of 1.3 B, Depreciation And Amortization of 47.1 M, Interest Expense of 196.4 M or Selling General Administrative of 858.7 M can show how well B Riley Financial performed in making a profits. Evaluating B Riley income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of B Riley's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining B Riley Financial 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 B Riley Financial is a good buy for the upcoming year.
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About RILYN Income Statement Analysis
B Riley Financial 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 B Riley shareholders. The income statement also shows RILYN 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).
B Riley Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of B Riley Financial. It is also known as B Riley 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Total Revenue
Total revenue comprises all receipts B Riley Financial 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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from B Riley's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into B Riley Financial 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, B Riley's Gross Profit is very stable compared to the past year. As of the 23rd of December 2024, Cost Of Revenue is likely to grow to about 250.7 M, while Operating Income is likely to drop about 101 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 92.5M | 141.2M | 187.0M | 196.4M | Depreciation And Amortization | 1.0B | 1.0B | 49.6M | 47.1M |
B Riley income statement Correlations
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B Riley Account Relationship Matchups
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B Riley income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Operating Expenses | 483.8M | 543.9M | 1.0B | 1.0B | 1.5B | 1.6B | |
| Operating Income | 166.7M | 344.8M | 700.4M | 44.8M | 144.7M | 101.0M | |
| Ebit | 166.7M | (186.5M) | (318.5M) | (1.1B) | 52.6M | 55.3M | |
| Ebitda | 187.5M | 378.8M | 709.1M | (74.7M) | 102.2M | 99.4M | |
| Total Operating Expenses | 385.2M | 428.5M | 906.2M | 714.6M | 1.3B | 1.3B | |
| Income Before Tax | 116.6M | 279.5M | 614.8M | (220.5M) | (142.3M) | (135.2M) | |
| Total Other Income Expense Net | (50.1M) | (65.3M) | (85.6M) | (289.9M) | (287.0M) | (272.6M) | |
| Net Income | 81.6M | 205.1M | 445.1M | (156.6M) | (99.9M) | (94.9M) | |
| Income Tax Expense | 34.6M | 75.4M | 164.0M | (63.9M) | (36.7M) | (34.9M) | |
| Depreciation And Amortization | 20.9M | 565.3M | 1.0B | 1.0B | 49.6M | 47.1M | |
| Interest Expense | 50.2M | 65.2M | 92.5M | 141.2M | 187.0M | 196.4M | |
| Selling General Administrative | 383.3M | 425.5M | 902.5M | 703.2M | 817.8M | 858.7M | |
| Total Revenue | 652.1M | 902.7M | 1.7B | 1.1B | 1.6B | 1.7B | |
| Gross Profit | 553.6M | 787.4M | 1.6B | 793.1M | 1.4B | 1.5B | |
| Cost Of Revenue | 98.5M | 115.4M | 134.0M | 287.6M | 238.8M | 250.7M | |
| Selling And Marketing Expenses | 1.9M | 3.0M | 3.7M | 11.4M | 11.1M | 11.7M | |
| Net Income Applicable To Common Shares | 11.6M | 15.5M | 81.3M | 205.1M | 235.9M | 247.7M |
Pair Trading with B Riley
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 B Riley 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 B Riley will appreciate offsetting losses from the drop in the long position's value.Moving against RILYN Stock
The ability to find closely correlated positions to B Riley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B Riley 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 B Riley - 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 B Riley Financial to buy it.
The correlation of B Riley 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 B Riley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if B Riley Financial 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 B Riley 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in B Riley Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Diversified Capital Markets 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 B Riley. If investors know RILYN 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 B Riley listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of B Riley Financial is measured differently than its book value, which is the value of RILYN that is recorded on the company's balance sheet. Investors also form their own opinion of B Riley's value that differs from its market value or its book value, called intrinsic value, which is B Riley's 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 B Riley's market value can be influenced by many factors that don't directly affect B Riley's 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 B Riley's value and its price as these two are different measures arrived at by different means. Investors typically determine if B Riley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B Riley's 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.