Euro Net Income from 2010 to 2026
| ESM Stock | CAD 0.41 0.05 13.89% |
Net Income | First Reported 2004-03-31 | Previous Quarter -1.1 M | Current Value -1.4 M | Quarterly Volatility 33.1 M |
Check Euro Sun financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Euro Sun's main balance sheet or income statement drivers, such as Interest Expense of 12.2 K, Selling General Administrative of 949.3 K or Other Operating Expenses of 2.4 M, as well as many indicators such as Price To Sales Ratio of 1.7, Dividend Yield of 0.0 or Days Sales Outstanding of 31.16. Euro financial statements analysis is a perfect complement when working with Euro Sun Valuation or Volatility modules.
Euro | Net Income |
Evaluating Euro Sun's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Euro Sun Mining's fundamental strength.
Latest Euro Sun's Net Income Growth Pattern
Below is the plot of the Net Income of Euro Sun Mining over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Euro Sun Mining financial statement analysis. It represents the amount of money remaining after all of Euro Sun Mining operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Euro Sun's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Euro Sun's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 448.39 K | 10 Years Trend |
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Net Income |
| Timeline |
Euro Net Income Regression Statistics
| Arithmetic Mean | (15,146,972) | |
| Coefficient Of Variation | (527.39) | |
| Mean Deviation | 40,077,663 | |
| Median | (8,202,000) | |
| Standard Deviation | 79,882,980 | |
| Sample Variance | 6381.3T | |
| Range | 434.4M | |
| R-Value | 0.20 | |
| Mean Square Error | 6533.6T | |
| R-Squared | 0.04 | |
| Significance | 0.44 | |
| Slope | 3,168,665 | |
| Total Sum of Squares | 102100.6T |
Euro Net Income History
About Euro Sun Financial Statements
Euro Sun investors utilize fundamental indicators, such as Net Income, to predict how Euro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income | 515.6 K | 541.4 K | |
| Net Income From Continuing Ops | 515.6 K | 541.4 K | |
| Net Income Applicable To Common Shares | 515.6 K | 541.4 K | |
| Net Income Per E B T | 1.55 | 1.63 |
Pair Trading with Euro Sun
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 Euro Sun 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 Euro Sun will appreciate offsetting losses from the drop in the long position's value.Moving together with Euro Stock
| 0.74 | AG | First Majestic Silver | PairCorr |
| 0.75 | IE | Ivanhoe Energy Earnings Call This Week | PairCorr |
| 0.66 | ORE | Orezone Gold Corp | PairCorr |
| 0.83 | FDY | Faraday Copper Corp | PairCorr |
Moving against Euro Stock
| 0.71 | AAPL | Apple CDR | PairCorr |
| 0.71 | AAPL | Apple Inc CDR | PairCorr |
| 0.55 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.55 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.42 | MSFT | Microsoft Corp CDR | PairCorr |
The ability to find closely correlated positions to Euro Sun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euro Sun 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 Euro Sun - 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 Euro Sun Mining to buy it.
The correlation of Euro Sun 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 Euro Sun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euro Sun Mining 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 Euro Sun 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.Other Information on Investing in Euro Stock
Euro Sun financial ratios help investors to determine whether Euro 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 Euro with respect to the benefits of owning Euro Sun security.