Income Financial Financials
| INC-UN Stock | CAD 8.78 0.02 0.23% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.53 | 2.6663 |
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Income | Select Account or Indicator |
Understanding current and past Income Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Income Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in Income Financial's assets may result in an increase in income on the income statement.
Please note, the presentation of Income Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Income Financial's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Income Financial's management manipulating its earnings.
Income Financial Stock Summary
Income Financial competes with Dividend Select, Global Dividend, Brompton Split, Real Estate, and Life Banc. Income Financial Trust is an open-ended equity mutual fund launched by Quadravest Inc. Income Financial Trust was formed on January 27, 1999 and is domiciled in Canada. INCOME FIN operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.Specialization | Financial Services, Financial Services |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| Business Address | 200 Front Street |
| Sector | Capital Markets |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.quadravest.com/#!inc-fund-features/c9c |
| Phone | 416 304 4440 |
| Currency | CAD - Canadian Dollar |
You should never invest in Income Financial without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Income Stock, because this is throwing your money away. Analyzing the key information contained in Income Financial's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Income Financial Key Financial Ratios
Income Financial's financial ratios allow both analysts and investors to convert raw data from Income Financial's financial statements into concise, actionable information that can be used to evaluate the performance of Income Financial over time and compare it to other companies across industries.| Return On Equity | 0.2 | ||||
| Profit Margin | 0.92 % | ||||
| Operating Margin | 0.92 % | ||||
| Price To Sales | 5.77 X | ||||
| Revenue | 1.4 M |
Income Financial Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 19.3M | 15.9M | 20.7M | 24.7M | 23.7M | 22.4M | |
| Other Current Liab | 71.6K | (141.3K) | (321.3K) | (313.0K) | (196.2K) | (186.4K) | |
| Net Debt | (516.1K) | (872.9K) | (1.9M) | (3.3M) | (1.4M) | (1.5M) | |
| Accounts Payable | 183.0K | 141.3K | 321.3K | 313.0K | 196.2K | 216.3K | |
| Cash | 516.1K | 872.9K | 1.9M | 3.3M | 1.4M | 1.5M | |
| Net Receivables | 194.3K | 41.7K | 51.2K | 57.1K | 58.1K | 73.4K | |
| Total Liab | 254.6K | 141.3K | 321.3K | 313.0K | 196.2K | 249.0K | |
| Total Current Assets | 19.3M | 914.6K | 2.0M | 3.4M | 1.5M | 1.4M | |
| Other Current Assets | (19.3M) | (15.9M) | (20.7M) | (24.7M) | (23.7M) | (24.9M) | |
| Common Stock | 19.1M | 15.6M | 20.3M | 24.4M | 23.3M | 18.2M | |
| Net Tangible Assets | 17.7M | 19.1M | 15.6M | 20.3M | 18.3M | 17.5M |
Income Financial Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 4.0M | (1.2M) | 4.3M | (1.2M) | 1.4M | 1.8M | |
| Gross Profit | 3.9M | (1.4M) | 4.1M | (1.4M) | 1.2M | 1.2M | |
| Operating Income | 3.7M | (1.4M) | 4.0M | (1.5M) | 1.1M | 893.2K | |
| Ebit | 3.7M | (2.8M) | 8.2M | (2.9M) | 2.3M | 1.8M | |
| Ebitda | 3.8M | (1.4M) | 4.0M | (1.5M) | 1.1M | 1.1M | |
| Income Before Tax | 3.7M | (1.4M) | 4.0M | (1.5M) | 1.1M | 1.2M | |
| Net Income | 3.7M | (1.4M) | 4.0M | (1.5M) | 1.1M | 1.2M | |
| Income Tax Expense | 45.8K | 39.4K | 33.9K | 49.9K | 56.3K | 59.3K | |
| Cost Of Revenue | 215.5K | 188.6K | 215.2K | 225.3K | 219.3K | 208.4K | |
| Net Interest Income | 4.7K | 932.0 | 0.0 | 32.0K | 106.6K | 112.0K | |
| Interest Income | 4.7K | 932.0 | 0.0 | 32.0K | 106.6K | 112.0K |
Income Financial Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Income Financial Trust. It measures of how well Income is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Income Financial brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Income had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Income Financial has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (249.4K) | 356.8K | 1.1M | 1.4M | (1.9M) | (1.8M) | |
| Free Cash Flow | 2.2M | 2.4M | 194.1K | (4.2M) | 430.5K | 409.0K | |
| Other Non Cash Items | (1.5M) | 3.9M | (3.8M) | (2.7M) | (690.6K) | (656.1K) | |
| Dividends Paid | 2.4M | 2.1M | 2.9M | 3.9M | 3.4M | 3.2M | |
| Net Income | 3.7M | (1.4M) | 4.0M | (1.5M) | 1.1M | 1.6M | |
| End Period Cash Flow | 516.1K | 872.9K | 1.9M | 3.3M | 1.4M | 1.5M | |
| Change To Netincome | 6.5M | (1.5M) | 3.9M | (3.8M) | (3.5M) | (3.3M) |
Income Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Income Financial's current stock value. Our valuation model uses many indicators to compare Income Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Income Financial competition to find correlations between indicators driving Income Financial's intrinsic value. More Info.Income Financial Trust is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about 0.62 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Income Financial Trust is roughly 1.62 . At present, Income Financial's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Income Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Income Financial's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Income Financial Trust Systematic Risk
Income Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Income Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Income Financial Trust correlated with the market. If Beta is less than 0 Income Financial generally moves in the opposite direction as compared to the market. If Income Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Income Financial Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Income Financial is generally in the same direction as the market. If Beta > 1 Income Financial moves generally in the same direction as, but more than the movement of the benchmark.
Income Financial Trust Total Assets Over Time
Income Financial Thematic Clasifications
Income Financial Trust is part of Banks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All money banks and credit services. Large and small money and credit banks and credit services
This theme covers All money banks and credit services. Large and small money and credit banks and credit services. Get More Thematic Ideas
| Banks | View |
Today, most investors in Income Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Income Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Income Financial growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Income Financial November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Income Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Income Financial Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Income Financial Trust based on widely used predictive technical indicators. In general, we focus on analyzing Income Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Income Financial's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0578 | |||
| Maximum Drawdown | 6.31 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 2.13 |
Complementary Tools for Income Stock analysis
When running Income Financial's price analysis, check to measure Income Financial'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 Income Financial is operating at the current time. Most of Income Financial's value examination focuses on studying past and present price action to predict the probability of Income Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Income Financial's price. Additionally, you may evaluate how the addition of Income Financial to your portfolios can decrease your overall portfolio volatility.
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