British Historical Income Statement

BTI -  USA Stock  

USD 42.74  0.07  0.16%

Historical analysis of British Amer income statement accounts such as Consolidated Income of 8.5 B, Cost of Revenue of 4.7 B or Earning Before Interest and Taxes EBIT of 11.2 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. 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.
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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.
British Amer Earning Before Interest and Taxes EBIT is most likely to increase significantly in the upcoming years. The last year's value of Earning Before Interest and Taxes EBIT was reported at 10.48 Billion. The current Net Income is estimated to increase to about 8.4 B, while Direct Expenses is projected to decrease to roughly 3.6 B.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income to Non Controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in British American Tobacco financial statement analysis. It represents the amount of money remaining after all of British American Tobacco operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Operating Expenses

Operating expenses represents the total expenditure on [SGnA]; [RnD] and other operating expense items; it excludes [CoR].

Revenues

Revenues refers to the total amount of money received by British Amer for goods sold or services provided during a certain time period. It also includes all of British American Tobacco sales as well as any other increase in British American Tobacco equity.Revenues are reported on British American Tobacco income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from British Amer 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. Continue to Trending Equities.British Amer Earning Before Interest and Taxes EBIT is most likely to increase significantly in the upcoming years. The last year's value of Earning Before Interest and Taxes EBIT was reported at 10.48 Billion. The current Net Income is estimated to increase to about 8.4 B, while Direct Expenses is projected to decrease to roughly 3.6 B.
 2019 2020 2021 2022 (projected)
Consolidated Income5.85 B6.56 B6.97 B8.55 B
Direct Expenses4.44 B4.14 B3.72 B3.55 B

British Amer income statement Correlations

British Amer Account Relationship Matchups

British Amer income statement Accounts

201720182019202020212022 (projected)
Direct Expenses5.03 B4.55 B4.44 B4.14 B3.72 B3.55 B
Consolidated Income37.66 B6.21 B5.85 B6.56 B6.97 B8.55 B
Cost of Revenue5.03 B4.55 B4.44 B4.14 B4.38 B4.69 B
Earning Before Interest and Taxes EBIT30.45 B9.55 B9.37 B10.25 B10.48 B11.17 B
Earning Before Interest and Taxes USD41.14 B12.12 B12.33 B14.05 B13.97 B15.01 B
Gross Profit14.53 B19.94 B21.44 B21.64 B21.3 B19.43 B
Interest Expense1.09 B1.38 B1.6 B1.75 B1.49 B1.32 B
Net Income37.48 B6.03 B5.7 B6.4 B6.8 B8.37 B
Net Income Common Stock37.48 B6.03 B5.7 B6.4 B6.8 B8.37 B
Net Income Common Stock USD50.64 B7.65 B7.51 B8.77 B9.07 B11.26 B
Net Income to Non Controlling Interests171 M178 M145 M164 M173 M166.48 M
Operating Expenses8.12 B10.63 B12.42 B11.68 B11.07 B10.2 B
Operating Income6.41 B9.31 B9.02 B9.96 B10.23 B9.23 B
Revenues19.56 B24.49 B25.88 B25.78 B25.68 B24.12 B
Revenues USD26.43 B31.08 B34.05 B35.31 B34.25 B32.43 B
Weighted Average Shares Diluted2.05 B2.29 B2.29 B2.29 B2.07 B1.94 B
Income Tax Expense(8.13 B)2.14 B2.06 B2.11 B2.19 B2.36 B

British Amer Investors Sentiment

The influence of British Amer'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 British. 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 markets does not have a solid backing from leading economists and market statisticians.

British Amer Implied Volatility

    
  80.61  
British Amer's implied volatility exposes the market's sentiment of British American Tobacco stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if British Amer's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that British Amer stock will not fluctuate a lot when British Amer's options are near their expiration.
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 British Amer 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, British Amer's short interest history, or implied volatility extrapolated from British Amer options trading.

Current Sentiment - BTI

British American Tobacco Investor Sentiment

Greater number of Macroaxis users are currently bullish on British American Tobacco. What is your opinion about investing in British American Tobacco? Are you bullish or bearish?
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98% Bullish
2% Bearish
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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.

British Amer Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 equities. 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
Continue to Trending Equities. Note that the British American Tobacco information on this page should be used as a complementary analysis to other British Amer'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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.
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 British Amer value 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.