Automotive Net Income from 2010 to 2026

APR-UN Stock  CAD 11.26  0.12  1.05%   
Automotive Properties' Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 86.9 M this year. From 2010 to 2026 Automotive Properties Net Income quarterly data regression line had arithmetic mean of  36,910,433 and r-squared of  0.55. View All Fundamentals
 
Net Income  
First Reported
2014-03-31
Previous Quarter
13 M
Current Value
M
Quarterly Volatility
14.4 M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Automotive Properties financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Automotive Properties' main balance sheet or income statement drivers, such as Depreciation And Amortization of 157.3 K, Total Revenue of 113.4 M or Gross Profit of 45.8 M, as well as many indicators such as Price To Sales Ratio of 11.91, Dividend Yield of 0.087 or PTB Ratio of 0.88. Automotive financial statements analysis is a perfect complement when working with Automotive Properties Valuation or Volatility modules.
  
This module can also supplement various Automotive Properties Technical models . Check out the analysis of Automotive Properties Correlation against competitors.
Analyzing Automotive Properties's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing Automotive Properties's current valuation and future prospects.

Latest Automotive Properties' Net Income Growth Pattern

Below is the plot of the Net Income of Automotive Properties Real over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Automotive Properties financial statement analysis. It represents the amount of money remaining after all of Automotive Properties Real operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Automotive Properties' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Automotive Properties' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 72 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Automotive Net Income Regression Statistics

Arithmetic Mean36,910,433
Geometric Mean16,006,054
Coefficient Of Variation119.24
Mean Deviation37,125,333
Median17,625,000
Standard Deviation44,013,509
Sample Variance1937.2T
Range127.8M
R-Value0.74
Mean Square Error927.8T
R-Squared0.55
Significance0.0006
Slope6,469,764
Total Sum of Squares30995T

Automotive Net Income History

202686.9 M
202582.8 M
202472 M
202351 M
2022119.7 M
2021122.4 M
20203.4 M

About Automotive Properties Financial Statements

Automotive Properties stakeholders use historical fundamental indicators, such as Automotive Properties' Net Income, to determine how well the company is positioned to perform in the future. Although Automotive Properties investors may analyze each financial statement separately, they are all interrelated. For example, changes in Automotive Properties' assets and liabilities are reflected in the revenues and expenses on Automotive Properties' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Automotive Properties Real. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income82.8 M86.9 M
Net Income From Continuing Ops82.8 M44.5 M
Net Income Applicable To Common Shares95.9 M100.7 M
Net Income Per Share 1.32  0.90 
Net Income Per E B T 1.29  1.36 

Pair Trading with Automotive Properties

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 Automotive Properties 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 Automotive Properties will appreciate offsetting losses from the drop in the long position's value.

Moving together with Automotive Stock

  0.77BMO-PE Bank of MontrealPairCorr
  0.92BMO Bank of MontrealPairCorr
  0.78RY Royal BankPairCorr
The ability to find closely correlated positions to Automotive Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Automotive Properties 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 Automotive Properties - 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 Automotive Properties Real to buy it.
The correlation of Automotive Properties 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 Automotive Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Automotive Properties 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 Automotive Properties 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

Other Information on Investing in Automotive Stock

Automotive Properties financial ratios help investors to determine whether Automotive Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Automotive with respect to the benefits of owning Automotive Properties security.