Loop Operating Income from 2010 to 2024

LOOP Stock  USD 1.44  0.03  2.13%   
Loop Industries Operating Income yearly trend continues to be relatively stable with very little volatility. Operating Income is likely to drop to about -22.3 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Loop Industries generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2010-05-31
Previous Quarter
-5.3 M
Current Value
-4.6 M
Quarterly Volatility
4.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Loop Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Loop Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 440.5 K, Interest Expense of 39 K or Selling General Administrative of 7.3 M, as well as many indicators such as Price To Sales Ratio of 490, Dividend Yield of 0.0 or Days Sales Outstanding of 598. Loop financial statements analysis is a perfect complement when working with Loop Industries Valuation or Volatility modules.
  
Check out the analysis of Loop Industries Correlation against competitors.
To learn how to invest in Loop Stock, please use our How to Invest in Loop Industries guide.

Latest Loop Industries' Operating Income Growth Pattern

Below is the plot of the Operating Income of Loop Industries over the last few years. Operating Income is the amount of profit realized from Loop Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Loop Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Loop Industries' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Loop Industries' overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Loop Operating Income Regression Statistics

Arithmetic Mean(15,329,905)
Coefficient Of Variation(96.56)
Mean Deviation12,472,813
Median(12,762,781)
Standard Deviation14,802,796
Sample Variance219.1T
Range42.1M
R-Value(0.84)
Mean Square Error68T
R-Squared0.71
Significance0.000077
Slope(2,792,830)
Total Sum of Squares3067.7T

Loop Operating Income History

2024-22.3 M
2023-21.2 M
2022-38.1 M
2021-42.1 M
2019-30.9 M
2018-12.8 M
2017-13.8 M

Other Fundumenentals of Loop Industries

Loop Industries Operating Income component correlations

0.99-0.96-0.750.830.920.990.070.880.950.910.560.640.06-0.05-0.050.890.730.950.890.78-0.57
0.99-0.97-0.740.790.860.990.080.880.950.880.580.570.04-0.16-0.160.860.740.960.920.78-0.59
-0.96-0.970.56-0.84-0.82-0.98-0.06-0.75-0.87-0.92-0.4-0.420.160.150.15-0.9-0.59-0.92-0.96-0.620.39
-0.75-0.740.56-0.38-0.68-0.67-0.12-0.95-0.85-0.49-0.93-0.75-0.640.140.14-0.48-0.91-0.75-0.5-0.980.89
0.830.79-0.84-0.380.890.83-0.010.590.670.970.150.56-0.170.260.260.850.320.690.690.4-0.08
0.920.86-0.82-0.680.890.870.030.780.860.90.430.790.110.320.320.860.620.790.680.67-0.46
0.990.99-0.98-0.670.830.870.070.830.930.910.50.52-0.06-0.08-0.080.910.660.960.930.71-0.52
0.070.08-0.06-0.12-0.010.030.070.120.090.020.170.010.1-0.1-0.10.030.150.110.080.15-0.14
0.880.88-0.75-0.950.590.780.830.120.90.690.870.730.49-0.22-0.220.60.870.890.680.96-0.8
0.950.95-0.87-0.850.670.860.930.090.90.770.680.650.19-0.06-0.070.840.840.90.830.86-0.71
0.910.88-0.92-0.490.970.90.910.020.690.770.280.54-0.120.10.110.880.450.820.810.53-0.21
0.560.58-0.4-0.930.150.430.50.170.870.680.280.530.74-0.38-0.380.240.850.650.380.95-0.87
0.640.57-0.42-0.750.560.790.520.010.730.650.540.530.560.270.270.410.670.470.260.68-0.59
0.060.040.16-0.64-0.170.11-0.060.10.490.19-0.120.740.56-0.17-0.17-0.270.590.06-0.230.61-0.6
-0.05-0.160.150.140.260.32-0.08-0.1-0.22-0.060.1-0.380.27-0.171.00.23-0.28-0.22-0.29-0.250.28
-0.05-0.160.150.140.260.32-0.08-0.1-0.22-0.070.11-0.380.27-0.171.00.23-0.28-0.22-0.28-0.250.28
0.890.86-0.9-0.480.850.860.910.030.60.840.880.240.41-0.270.230.230.470.810.850.5-0.28
0.730.74-0.59-0.910.320.620.660.150.870.840.450.850.670.59-0.28-0.280.470.710.60.94-0.91
0.950.96-0.92-0.750.690.790.960.110.890.90.820.650.470.06-0.22-0.220.810.710.90.8-0.63
0.890.92-0.96-0.50.690.680.930.080.680.830.810.380.26-0.23-0.29-0.280.850.60.90.58-0.43
0.780.78-0.62-0.980.40.670.710.150.960.860.530.950.680.61-0.25-0.250.50.940.80.58-0.89
-0.57-0.590.390.89-0.08-0.46-0.52-0.14-0.8-0.71-0.21-0.87-0.59-0.60.280.28-0.28-0.91-0.63-0.43-0.89
Click cells to compare fundamentals

About Loop Industries Financial Statements

Loop Industries shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although Loop Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Loop Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Loop Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Income-21.2 M-22.3 M
Non Operating Income Net Other-98.2 K-103.1 K

Pair Trading with Loop Industries

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 Loop Industries 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 Loop Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Loop Stock

  0.67DD Dupont De Nemours Fiscal Year End 4th of February 2025 PairCorr
  0.68DNMR Danimer ScientificPairCorr

Moving against Loop Stock

  0.62WDFC WD 40 CompanyPairCorr
  0.52ECVT EcovystPairCorr
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The ability to find closely correlated positions to Loop Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Loop Industries 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 Loop Industries - 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 Loop Industries to buy it.
The correlation of Loop Industries 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 Loop Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Loop Industries 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 Loop Industries 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

Additional Tools for Loop Stock Analysis

When running Loop Industries' price analysis, check to measure Loop Industries' 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 Loop Industries is operating at the current time. Most of Loop Industries' value examination focuses on studying past and present price action to predict the probability of Loop Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loop Industries' price. Additionally, you may evaluate how the addition of Loop Industries to your portfolios can decrease your overall portfolio volatility.