Altamira Historical Income Statement

ALTA Stock  CAD 0.17  0.04  30.77%   
Historical analysis of Altamira Gold income statement accounts such as Total Revenue of 0.0, Gross Profit of 0.0 or Other Operating Expenses of 1.2 M can show how well Altamira Gold Corp performed in making a profits. Evaluating Altamira Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Altamira Gold's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Altamira Gold Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Altamira Gold Corp is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altamira Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Altamira Income Statement Analysis

Altamira Gold Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Altamira Gold shareholders. The income statement also shows Altamira investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Altamira Gold Income Statement Chart

At this time, Altamira Gold's Gross Profit is fairly stable compared to the past year. Income Tax Expense is expected to grow at the current pace this year, whereas Other Operating Expenses is likely to drop slightly above 1.2 M in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Altamira Gold Corp. It is also known as Altamira Gold overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Altamira Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Altamira Gold Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altamira Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Altamira Gold's Gross Profit is fairly stable compared to the past year. Income Tax Expense is expected to grow at the current pace this year, whereas Other Operating Expenses is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation9.4K10.2K11.3K13.5K
Interest Income15.2K51.4K72.8K76.4K

Altamira Gold income statement Correlations

0.81-0.780.590.770.89-0.680.27-0.020.30.69-0.48-0.38-0.540.460.91-0.49-0.380.54
0.81-0.520.480.720.65-0.590.250.030.330.86-0.59-0.42-0.370.490.61-0.15-0.050.14
-0.78-0.52-0.81-0.84-0.960.84-0.61-0.32-0.61-0.280.580.560.77-0.69-0.890.280.22-0.3
0.590.48-0.810.940.72-0.990.790.450.80.08-0.81-0.92-0.450.810.74-0.23-0.160.34
0.770.72-0.840.940.82-0.980.70.350.740.4-0.78-0.85-0.50.80.79-0.27-0.180.37
0.890.65-0.960.720.82-0.780.510.230.510.48-0.51-0.44-0.730.640.91-0.38-0.330.35
-0.68-0.590.84-0.99-0.98-0.78-0.76-0.41-0.78-0.220.80.90.47-0.81-0.770.260.18-0.37
0.270.25-0.610.790.70.51-0.760.91.0-0.13-0.65-0.75-0.20.960.440.010.050.06
-0.020.03-0.320.450.350.23-0.410.90.89-0.25-0.38-0.460.020.840.120.170.19-0.15
0.30.33-0.610.80.740.51-0.781.00.89-0.05-0.67-0.79-0.20.980.440.020.070.07
0.690.86-0.280.080.40.48-0.22-0.13-0.25-0.05-0.09-0.02-0.320.140.35-0.17-0.130.17
-0.48-0.590.58-0.81-0.78-0.510.8-0.65-0.38-0.67-0.090.790.28-0.68-0.640.0-0.110.02
-0.38-0.420.56-0.92-0.85-0.440.9-0.75-0.46-0.79-0.020.790.16-0.76-0.490.110.02-0.31
-0.54-0.370.77-0.45-0.5-0.730.47-0.20.02-0.2-0.320.280.16-0.28-0.59-0.15-0.150.03
0.460.49-0.690.810.80.64-0.810.960.840.980.14-0.68-0.76-0.280.54-0.040.010.11
0.910.61-0.890.740.790.91-0.770.440.120.440.35-0.64-0.49-0.590.54-0.47-0.340.49
-0.49-0.150.28-0.23-0.27-0.380.260.010.170.02-0.170.00.11-0.15-0.04-0.470.97-0.68
-0.38-0.050.22-0.16-0.18-0.330.180.050.190.07-0.13-0.110.02-0.150.01-0.340.97-0.58
0.540.14-0.30.340.370.35-0.370.06-0.150.070.170.02-0.310.030.110.49-0.68-0.58
Click cells to compare fundamentals

Altamira Gold Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Altamira Stock Analysis

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