Corebridge Historical Income Statement
| CRBG Stock | USD 26.56 0.34 1.26% |
Historical analysis of Corebridge Financial income statement accounts such as Tax Provision of 167.2 M, Depreciation And Amortization of 565 M or Interest Expense of 560.6 M can show how well Corebridge Financial performed in making a profits. Evaluating Corebridge Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Corebridge Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Corebridge 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 Corebridge Financial is a good buy for the upcoming year.
Corebridge |
About Corebridge Income Statement Analysis
Corebridge 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 Corebridge Financial shareholders. The income statement also shows Corebridge 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).
Corebridge Financial Income Statement Chart
Corebridge Financial Income Statement is one of the three primary financial statements used for reporting Corebridge's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Corebridge Financial revenue and expense. Corebridge Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Corebridge Financial's Selling General Administrative is most likely to increase significantly in the upcoming years. The Corebridge Financial's current Total Revenue is estimated to increase to about 21.3 B, while Income Tax Expense is forecasted to increase to (91.2 M). Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Corebridge 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Corebridge Financial minus its cost of goods sold. It is profit before Corebridge Financial 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.Most accounts from Corebridge Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Corebridge 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Corebridge Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.At this time, Corebridge Financial's Selling General Administrative is most likely to increase significantly in the upcoming years. The Corebridge Financial's current Total Revenue is estimated to increase to about 21.3 B, while Income Tax Expense is forecasted to increase to (91.2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 389M | 534M | 580M | 560.6M | Depreciation And Amortization | 562M | 1.0B | 366M | 565.0M |
Corebridge Financial income statement Correlations
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Corebridge Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Corebridge Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ebit | (5.0B) | (5.3B) | (5.9B) | 10.7B | (209M) | (219.5M) | |
| Net Income Applicable To Common Shares | 50M | 642M | 7.4B | 8.1B | 9.4B | 9.8B | |
| Income Tax Expense | (168M) | (15M) | 1.8B | 2.0B | (96M) | (91.2M) |
Corebridge Financial Investors Sentiment
The influence of Corebridge Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Corebridge. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Corebridge Financial's public news can be used to forecast risks associated with an investment in Corebridge. The trend in average sentiment can be used to explain how an investor holding Corebridge can time the market purely based on public headlines and social activities around Corebridge Financial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Corebridge Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Corebridge Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Corebridge Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Corebridge Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Corebridge Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Corebridge Financial's short interest history, or implied volatility extrapolated from Corebridge Financial options trading.
Pair Trading with Corebridge Financial
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 Corebridge Financial 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 Corebridge Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Corebridge Stock
| 0.76 | DIST | Distoken Acquisition | PairCorr |
| 0.63 | AB | AllianceBernstein | PairCorr |
Moving against Corebridge Stock
| 0.6 | AC | Associated Capital | PairCorr |
| 0.54 | PX | P10 Inc Earnings Call This Week | PairCorr |
| 0.43 | PT | Pintec Technology Report 10th of May 2024 | PairCorr |
The ability to find closely correlated positions to Corebridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corebridge Financial 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 Corebridge Financial - 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 Corebridge Financial to buy it.
The correlation of Corebridge Financial 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 Corebridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corebridge 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 Corebridge Financial 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 Corebridge Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.Note that the Corebridge Financial information on this page should be used as a complementary analysis to other Corebridge Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Corebridge Stock analysis
When running Corebridge Financial's price analysis, check to measure Corebridge Financial'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 Corebridge Financial is operating at the current time. Most of Corebridge Financial's value examination focuses on studying past and present price action to predict the probability of Corebridge Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corebridge Financial's price. Additionally, you may evaluate how the addition of Corebridge Financial to your portfolios can decrease your overall portfolio volatility.
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Is Corebridge Financial'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 Corebridge Financial. If investors know Corebridge 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 Corebridge Financial 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 (0.12) | Dividend Share 0.92 | Earnings Share 1.71 | Revenue Per Share 29.664 | Quarterly Revenue Growth (0.18) |
The market value of Corebridge Financial is measured differently than its book value, which is the value of Corebridge that is recorded on the company's balance sheet. Investors also form their own opinion of Corebridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Corebridge Financial'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 Corebridge Financial's market value can be influenced by many factors that don't directly affect Corebridge Financial'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 Corebridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corebridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corebridge Financial'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.