BRT Historical Income Statement

BRT Stock  USD 18.25  0.07  0.38%   
Historical analysis of BRT Realty income statement accounts such as Interest Expense of 23.3 M, Total Revenue of 98.3 M or Gross Profit of 26.1 M can show how well BRT Realty Trust performed in making a profits. Evaluating BRT Realty income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BRT Realty's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining BRT Realty Trust 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 BRT Realty Trust 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 BRT Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About BRT Income Statement Analysis

BRT Realty Trust 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 BRT Realty shareholders. The income statement also shows BRT 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).

BRT Realty Income Statement Chart

BRT Realty Trust Income Statement is one of the three primary financial statements used for reporting BRT's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BRT Realty Trust revenue and expense. BRT Realty Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BRT Realty's Selling General Administrative is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 73.8 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 13.2 M in 2024.

Total Revenue

Total revenue comprises all receipts BRT Realty Trust 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 BRT Realty Trust minus its cost of goods sold. It is profit before BRT Realty 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 BRT Realty Trust. It is also known as BRT Realty 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 BRT Realty's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BRT Realty Trust 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 BRT Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, BRT Realty's Selling General Administrative is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 73.8 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 13.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense6.8M15.5M22.2M23.3M
Depreciation And Amortization8.0M24.8M28.5M29.9M

BRT Realty income statement Correlations

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0.940.980.860.96-0.080.180.560.730.420.670.230.390.310.890.66-0.340.280.430.5-0.180.02-0.580.160.41
0.970.980.850.990.010.280.620.720.480.610.320.460.450.930.64-0.40.40.490.47-0.24-0.01-0.530.320.35
0.80.860.850.810.030.380.680.920.680.810.490.390.110.60.81-0.370.220.680.65-0.020.29-0.58-0.090.51
0.960.960.990.810.090.320.650.730.480.540.330.490.540.940.6-0.450.450.480.46-0.34-0.07-0.430.390.25
0.14-0.080.010.030.090.850.680.240.53-0.30.70.080.43-0.01-0.13-0.050.340.53-0.15-0.37-0.160.260.56-0.14
0.350.180.280.380.320.850.890.510.74-0.050.880.30.430.150.1-0.170.270.740.02-0.20.180.070.480.05
0.690.560.620.680.650.680.890.740.830.290.840.450.430.460.43-0.210.370.840.28-0.250.18-0.190.420.25
0.680.730.720.920.730.240.510.740.70.660.530.420.220.450.71-0.510.290.70.67-0.210.23-0.29-0.050.28
0.570.420.480.680.480.530.740.830.70.560.920.510.190.270.69-0.110.461.00.53-0.230.19-0.230.180.23
0.580.670.610.810.54-0.3-0.050.290.660.560.270.31-0.250.390.93-0.090.160.560.80.050.21-0.62-0.410.48
0.410.230.320.490.330.70.880.840.530.920.270.40.270.160.39-0.110.390.920.26-0.080.12-0.070.330.14
0.520.390.460.390.490.080.30.450.420.510.310.40.510.40.53-0.130.60.520.54-0.52-0.120.210.32-0.33
0.450.310.450.110.540.430.430.430.220.19-0.250.270.510.58-0.06-0.550.680.190.02-0.65-0.450.340.86-0.47
0.910.890.930.60.94-0.010.150.460.450.270.390.160.40.580.43-0.330.430.280.24-0.32-0.19-0.460.530.23
0.670.660.640.810.6-0.130.10.430.710.690.930.390.53-0.060.43-0.090.410.690.85-0.170.2-0.47-0.220.32
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0.470.280.40.220.450.340.270.370.290.460.160.390.60.680.430.41-0.270.460.44-0.62-0.360.290.54-0.47
0.570.430.490.680.480.530.740.840.71.00.560.920.520.190.280.69-0.10.460.53-0.230.17-0.230.180.23
0.460.50.470.650.46-0.150.020.280.670.530.80.260.540.020.240.85-0.220.440.53-0.230.02-0.11-0.3-0.01
-0.32-0.18-0.24-0.02-0.34-0.37-0.2-0.25-0.21-0.230.05-0.08-0.52-0.65-0.32-0.170.24-0.62-0.23-0.230.36-0.34-0.530.52
-0.050.02-0.010.29-0.07-0.160.180.180.230.190.210.12-0.12-0.45-0.190.20.12-0.360.170.020.36-0.29-0.410.43
-0.51-0.58-0.53-0.58-0.430.260.07-0.19-0.29-0.23-0.62-0.070.210.34-0.46-0.47-0.10.29-0.23-0.11-0.34-0.290.18-0.92
0.40.160.32-0.090.390.560.480.42-0.050.18-0.410.330.320.860.53-0.22-0.180.540.18-0.3-0.53-0.410.18-0.27
0.340.410.350.510.25-0.140.050.250.280.230.480.14-0.33-0.470.230.320.16-0.470.23-0.010.520.43-0.92-0.27
Click cells to compare fundamentals

BRT Realty Account Relationship Matchups

BRT Realty income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization5.9M6.7M8.0M24.8M28.5M29.9M
Interest Expense7.8M7.1M6.8M15.5M22.2M23.3M
Total Revenue27.8M28.1M32.1M70.5M93.6M98.3M
Gross Profit15.4M15.7M17.9M40.0M23.3M26.1M
Other Operating Expenses28.3M30.8M34.8M70.0M85.7M90.0M
Operating Income528K(8.7M)28.0M66.9M7.9M4.6M
Ebit528K(8.7M)28.0M66.9M7.9M11.5M
Ebitda6.4M(2M)36.0M91.7M36.4M21.9M
Total Operating Expenses16.0M18.4M20.6M39.5M15.4M13.2M
Income Before Tax2.0M(19.5M)29.5M50.9M4.1M3.9M
Total Other Income Expense Net1.4M(10.7M)1.5M(16.0M)(3.8M)(3.6M)
Net Income1.7M(19.7M)29.1M50.0M3.9M7.1M
Income Tax Expense270K248K206K821K54K56.7K
Selling General Administrative10.1M11.7M12.6M14.7M15.4M16.2M
Cost Of Revenue12.3M12.4M14.2M30.6M70.3M73.8M
Net Income Applicable To Common Shares856K(19.9M)29.1M50.0M57.4M60.3M
Minority Interest837K(84K)(136K)144K(142K)(134.9K)
Net Income From Continuing Ops1.7M(19.7M)29.3M50.1M4.0M3.8M
Non Operating Income Net Other63.7M10.3M36.9M1.9M2.2M2.1M
Tax Provision270K248K206K821K54K51.3K
Net Interest Income(7.8M)(7.1M)(6.8M)(15.5M)(22.2M)(23.3M)
Interest Income1.1M6.0M33.4M66.4M76.4M80.2M
Reconciled Depreciation5.9M6.7M8.0M24.8M28.5M16.5M

Pair Trading with BRT Realty

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 BRT Realty 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 BRT Realty will appreciate offsetting losses from the drop in the long position's value.

Moving together with BRT Stock

  0.9ELME Elme CommunitiesPairCorr

Moving against BRT Stock

  0.73SUI Sun CommunitiesPairCorr
  0.66FR First Industrial RealtyPairCorr
  0.65ELS Equity Lifestyle Pro Financial Report 15th of July 2024 PairCorr
  0.59ADC-PA Agree RealtyPairCorr
  0.58PW Power REITPairCorr
The ability to find closely correlated positions to BRT Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRT Realty 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 BRT Realty - 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 BRT Realty Trust to buy it.
The correlation of BRT Realty 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 BRT Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRT Realty Trust 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 BRT Realty 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 BRT Realty Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BRT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Brt Realty Trust Stock. Highlighted below are key reports to facilitate an investment decision about Brt Realty Trust Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BRT Realty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is BRT Realty'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 BRT Realty. If investors know BRT 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 BRT Realty 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
(0.70)
Dividend Share
1
Earnings Share
0.16
Revenue Per Share
5.341
Quarterly Revenue Growth
0.035
The market value of BRT Realty Trust is measured differently than its book value, which is the value of BRT that is recorded on the company's balance sheet. Investors also form their own opinion of BRT Realty's value that differs from its market value or its book value, called intrinsic value, which is BRT Realty'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 BRT Realty's market value can be influenced by many factors that don't directly affect BRT Realty'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 BRT Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRT Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRT Realty'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.