Transcontinental Net Income from 2010 to 2026
| TCL-A Stock | CAD 23.34 0.24 1.04% |
Net Income | First Reported 1994-01-31 | Previous Quarter 38.7 M | Current Value 42.9 M | Quarterly Volatility 32.8 M |
Check Transcontinental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Transcontinental's main balance sheet or income statement drivers, such as Depreciation And Amortization of 150.1 M, Interest Expense of 40.9 M or Total Revenue of 2.2 B, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0911 or PTB Ratio of 1.38. Transcontinental financial statements analysis is a perfect complement when working with Transcontinental Valuation or Volatility modules.
Transcontinental | Net Income |
The evolution of Net Income for Transcontinental provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Transcontinental compares to historical norms and industry peers.
Latest Transcontinental's Net Income Growth Pattern
Below is the plot of the Net Income of Transcontinental over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Transcontinental financial statement analysis. It represents the amount of money remaining after all of Transcontinental operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Transcontinental's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Transcontinental's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 171 M | 10 Years Trend |
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Net Income |
| Timeline |
Transcontinental Net Income Regression Statistics
| Arithmetic Mean | 119,005,778 | |
| Geometric Mean | 111,879,214 | |
| Coefficient Of Variation | 85.50 | |
| Mean Deviation | 68,621,934 | |
| Median | 131,700,000 | |
| Standard Deviation | 101,749,731 | |
| Sample Variance | 10353T | |
| Range | 439.1M | |
| R-Value | 0.41 | |
| Mean Square Error | 9142.7T | |
| R-Squared | 0.17 | |
| Significance | 0.1 | |
| Slope | 8,358,911 | |
| Total Sum of Squares | 165648.1T |
Transcontinental Net Income History
About Transcontinental Financial Statements
Transcontinental shareholders use historical fundamental indicators, such as Net Income, to determine how well the company is positioned to perform in the future. Although Transcontinental investors may analyze each financial statement separately, they are all interrelated. The changes in Transcontinental's assets and liabilities, for example, are also reflected in the revenues and expenses on on Transcontinental's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income | 196.7 M | 99.5 M | |
| Net Income From Continuing Ops | 154.3 M | 124.5 M | |
| Net Income Applicable To Common Shares | 127.1 M | 134.1 M | |
| Net Income Per Share | 1.84 | 1.93 | |
| Net Income Per E B T | 0.69 | 0.55 |
Pair Trading with Transcontinental
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 Transcontinental 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 Transcontinental will appreciate offsetting losses from the drop in the long position's value.Moving together with Transcontinental Stock
| 0.77 | AG | First Majestic Silver | PairCorr |
| 0.8 | IE | Ivanhoe Energy | PairCorr |
| 0.75 | ORE | Orezone Gold Corp | PairCorr |
| 0.64 | FDR | Flinders Resources | PairCorr |
| 0.78 | FDY | Faraday Copper Corp | PairCorr |
Moving against Transcontinental Stock
| 0.66 | MSFT | Microsoft CDR | PairCorr |
| 0.66 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.45 | AAPL | Apple CDR | PairCorr |
| 0.45 | AAPL | Apple Inc CDR | PairCorr |
| 0.36 | NVDA | NVIDIA CDR | PairCorr |
The ability to find closely correlated positions to Transcontinental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transcontinental 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 Transcontinental - 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 Transcontinental to buy it.
The correlation of Transcontinental 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 Transcontinental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transcontinental 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 Transcontinental 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.Additional Tools for Transcontinental Stock Analysis
When running Transcontinental's price analysis, check to measure Transcontinental's 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 Transcontinental is operating at the current time. Most of Transcontinental's value examination focuses on studying past and present price action to predict the probability of Transcontinental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcontinental's price. Additionally, you may evaluate how the addition of Transcontinental to your portfolios can decrease your overall portfolio volatility.