British Historical Income Statement

BTI Stock  USD 30.34  0.46  1.54%   
Historical analysis of British Amer income statement accounts such as Interest Expense of 2 B, Total Revenue of 16.4 B or Gross Profit of 13.7 B can show how well British American Tobacco performed in making a profits. Evaluating British Amer income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of British Amer's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining British American Tobacco 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 British American Tobacco is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in British American Tobacco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

About British Income Statement Analysis

British American Tobacco 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 British Amer shareholders. The income statement also shows British 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).

British Amer Income Statement Chart

British American Tobacco Income Statement is one of the three primary financial statements used for reporting British's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of British American Tobacco revenue and expense. British Amer Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, British Amer's Research Development is increasing as compared to previous years. The British Amer's current Total Operating Expenses is estimated to increase to about 34.9 B, while Total Revenue is projected to decrease to under 16.4 B.

Total Revenue

Total revenue comprises all receipts British American Tobacco 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 British American Tobacco minus its cost of goods sold. It is profit before British Amer 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 British American Tobacco. It is also known as British Amer 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 British Amer's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into British American Tobacco 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 British American Tobacco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
As of now, British Amer's Research Development is increasing as compared to previous years. The British Amer's current Total Operating Expenses is estimated to increase to about 34.9 B, while Total Revenue is projected to decrease to under 16.4 B.
 2021 2022 2023 2024 (projected)
Interest Expense1.5B1.7B1.9B2.0B
Depreciation And Amortization1.5B2.2B24B25.2B

British Amer income statement Correlations

0.580.220.250.96-0.92-0.770.78-0.060.98-0.8-0.15-0.65-0.440.01-0.480.31-0.57-0.95-0.44-0.541.00.65
0.580.840.860.73-0.24-0.190.870.370.68-0.24-0.07-0.17-0.19-0.23-0.620.69-0.32-0.31-0.72-0.990.540.56
0.220.840.990.410.130.110.680.460.330.06-0.040.060.01-0.48-0.520.66-0.170.05-0.62-0.830.170.27
0.250.860.990.430.110.050.710.40.360.0-0.11-0.010.05-0.39-0.560.64-0.220.03-0.62-0.860.20.3
0.960.730.410.43-0.81-0.650.870.080.99-0.69-0.11-0.55-0.43-0.14-0.540.44-0.55-0.86-0.52-0.680.950.66
-0.92-0.240.130.11-0.810.81-0.50.21-0.850.830.10.660.49-0.180.28-0.090.50.990.190.2-0.94-0.46
-0.77-0.190.110.05-0.650.81-0.490.68-0.711.00.670.98-0.12-0.190.220.320.710.78-0.050.2-0.78-0.45
0.780.870.680.710.87-0.5-0.490.120.84-0.54-0.24-0.47-0.17-0.25-0.660.51-0.56-0.57-0.64-0.850.750.75
-0.060.370.460.40.080.210.680.120.010.640.860.78-0.68-0.29-0.210.870.460.14-0.58-0.3-0.08-0.01
0.980.680.330.360.99-0.85-0.710.840.01-0.75-0.15-0.6-0.42-0.05-0.530.39-0.58-0.89-0.48-0.640.970.66
-0.8-0.240.060.0-0.690.831.0-0.540.64-0.750.640.97-0.08-0.170.250.260.720.810.00.25-0.81-0.47
-0.15-0.07-0.04-0.11-0.110.10.67-0.240.86-0.150.640.82-0.81-0.040.050.620.590.08-0.30.14-0.15-0.19
-0.65-0.170.06-0.01-0.550.660.98-0.470.78-0.60.970.82-0.33-0.130.190.420.720.63-0.120.21-0.65-0.41
-0.44-0.190.010.05-0.430.49-0.12-0.17-0.68-0.42-0.08-0.81-0.33-0.090.21-0.68-0.180.510.450.11-0.45-0.16
0.01-0.23-0.48-0.39-0.14-0.18-0.19-0.25-0.29-0.05-0.17-0.04-0.13-0.09-0.12-0.12-0.13-0.070.130.140.030.01
-0.48-0.62-0.52-0.56-0.540.280.22-0.66-0.21-0.530.250.050.190.21-0.12-0.520.690.30.640.63-0.45-0.6
0.310.690.660.640.44-0.090.320.510.870.390.260.620.42-0.68-0.12-0.520.1-0.15-0.77-0.650.280.27
-0.57-0.32-0.17-0.22-0.550.50.71-0.560.46-0.580.720.590.72-0.18-0.130.690.10.490.10.36-0.56-0.41
-0.95-0.310.050.03-0.860.990.78-0.570.14-0.890.810.080.630.51-0.070.3-0.150.490.250.26-0.96-0.5
-0.44-0.72-0.62-0.62-0.520.19-0.05-0.64-0.58-0.480.0-0.3-0.120.450.130.64-0.770.10.250.67-0.41-0.61
-0.54-0.99-0.83-0.86-0.680.20.2-0.85-0.3-0.640.250.140.210.110.140.63-0.650.360.260.67-0.5-0.54
1.00.540.170.20.95-0.94-0.780.75-0.080.97-0.81-0.15-0.65-0.450.03-0.450.28-0.56-0.96-0.41-0.50.63
0.650.560.270.30.66-0.46-0.450.75-0.010.66-0.47-0.19-0.41-0.160.01-0.60.27-0.41-0.5-0.61-0.540.63
Click cells to compare fundamentals

British Amer Account Relationship Matchups

British Amer income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.2B2.0B1.5B2.2B24B25.2B
Interest Expense1.8B1.8B1.5B1.7B1.9B2.0B
Total Revenue25.9B25.8B25.7B27.7B27.3B16.4B
Gross Profit21.4B21.6B21.3B23.1B22.6B13.7B
Other Operating Expenses16.9B15.8B15.4B12.4B37.9B39.8B
Operating Income9.0B10.0B10.2B10.5B(15.8B)(15.0B)
Ebit9.0B10.0B10.2B10.5B(14.1B)(13.3B)
Research Development126M121M141M138M181M190.1M
Ebitda11.2B11.9B11.8B12.7B9.9B7.3B
Total Operating Expenses12.4B11.7B11.1B7.8B33.3B34.9B
Income Before Tax7.9B8.7B9.2B9.3B(17.1B)(16.2B)
Total Other Income Expense Net(1.1B)(1.3B)(1.1B)(1.2B)(1.3B)(1.2B)
Net Income5.7B6.4B6.8B6.7B(14.4B)(13.6B)
Income Tax Expense2.1B2.1B2.2B2.5B(2.9B)(2.7B)
Cost Of Revenue4.4B4.1B4.4B4.6B4.6B8.7B
Net Income Applicable To Common Shares5.7B6.4B6.8B6.7B7.7B6.2B
Minority Interest258M282M(173M)(180M)(178M)(169.1M)
Selling General Administrative25.3M28.3M27.1M29M33.4M25.7M
Net Income From Continuing Ops5.8B6.6B7.0B6.8B(14.2B)(13.5B)
Tax Provision2.1B2.1B2.2B2.5B(2.9B)(2.7B)
Interest Income1.0B50M35M92M186M176.7M
Extraordinary Items47M35M91M27M24.3M23.1M
Net Interest Income(1.7B)(1.7B)(1.5B)(1.6B)(1.7B)(1.8B)
Reconciled Depreciation1.5B1.5B1.1B1.3B24B25.2B

Pair Trading with British Amer

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 British Amer 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 British Amer will appreciate offsetting losses from the drop in the long position's value.

Moving together with British Stock

  0.62MO Altria Group Financial Report 25th of April 2024 PairCorr

Moving against British Stock

  0.58EDBL Edible Garden AGPairCorr
  0.52AFRIW Forafric Global PLCPairCorr
  0.51DDC DDC EnterprisePairCorr
  0.42BON Bon Natural LifePairCorr
The ability to find closely correlated positions to British Amer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace British Amer 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 British Amer - 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 British American Tobacco to buy it.
The correlation of British Amer 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 British Amer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if British American Tobacco 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 British Amer 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
When determining whether British American Tobacco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of British Amer's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of British American Tobacco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on British American Tobacco Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in British American Tobacco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running British Amer's price analysis, check to measure British Amer'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 British Amer is operating at the current time. Most of British Amer's value examination focuses on studying past and present price action to predict the probability of British Amer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move British Amer's price. Additionally, you may evaluate how the addition of British Amer to your portfolios can decrease your overall portfolio volatility.
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Is British Amer's industry 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 British Amer. If investors know British 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 British Amer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.178
Dividend Share
2.309
Earnings Share
(8.15)
Revenue Per Share
2.448
Quarterly Revenue Growth
(0.06)
The market value of British American Tobacco is measured differently than its book value, which is the value of British that is recorded on the company's balance sheet. Investors also form their own opinion of British Amer's value that differs from its market value or its book value, called intrinsic value, which is British Amer'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 British Amer's market value can be influenced by many factors that don't directly affect British Amer'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 British Amer's value and its price as these two are different measures arrived at by different means. Investors typically determine if British Amer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, British Amer'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.