Magellan Net Income from 2010 to 2026
| MAL Stock | CAD 23.60 1.05 4.66% |
Net Income | First Reported 1992-12-31 | Previous Quarter 5.4 M | Current Value 12.7 M | Quarterly Volatility 10.2 M |
Check Magellan Aerospace financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magellan Aerospace's main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.1 M, Interest Expense of 3.3 M or Selling General Administrative of 40.9 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0108 or PTB Ratio of 1.05. Magellan financial statements analysis is a perfect complement when working with Magellan Aerospace Valuation or Volatility modules.
Magellan | Net Income |
Evaluating Magellan Aerospace'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 Magellan Aerospace's fundamental strength.
Latest Magellan Aerospace's Net Income Growth Pattern
Below is the plot of the Net Income of Magellan Aerospace over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Magellan Aerospace financial statement analysis. It represents the amount of money remaining after all of Magellan Aerospace operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Magellan Aerospace's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magellan Aerospace's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 35.49 M | 10 Years Trend |
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Net Income |
| Timeline |
Magellan Net Income Regression Statistics
| Arithmetic Mean | 42,802,608 | |
| Coefficient Of Variation | 87.07 | |
| Mean Deviation | 29,848,251 | |
| Median | 40,808,900 | |
| Standard Deviation | 37,269,875 | |
| Sample Variance | 1389T | |
| Range | 133M | |
| R-Value | (0.28) | |
| Mean Square Error | 1367.3T | |
| R-Squared | 0.08 | |
| Significance | 0.28 | |
| Slope | (2,050,081) | |
| Total Sum of Squares | 22224.7T |
Magellan Net Income History
About Magellan Aerospace Financial Statements
Magellan Aerospace investors utilize fundamental indicators, such as Net Income, to predict how Magellan 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 | 40.8 M | 28.1 M | |
| Net Income From Continuing Ops | 31.9 M | 37.5 M | |
| Net Income Applicable To Common Shares | 31.9 M | 37.4 M | |
| Net Income Per Share | 0.56 | 0.59 | |
| Net Income Per E B T | 0.67 | 0.54 |
Pair Trading with Magellan Aerospace
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 Magellan Aerospace 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 Magellan Aerospace will appreciate offsetting losses from the drop in the long position's value.Moving together with Magellan Stock
Moving against Magellan Stock
The ability to find closely correlated positions to Magellan Aerospace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magellan Aerospace 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 Magellan Aerospace - 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 Magellan Aerospace to buy it.
The correlation of Magellan Aerospace 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 Magellan Aerospace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magellan Aerospace 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 Magellan Aerospace 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 Magellan Stock
Magellan Aerospace financial ratios help investors to determine whether Magellan 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 Magellan with respect to the benefits of owning Magellan Aerospace security.