Aptose Historical Income Statement
| APTO Stock | USD 0.24 0.03 11.11% |
Historical analysis of Aptose Biosciences income statement accounts such as Interest Expense of 929.8 K, Selling General Administrative of 16.4 M or Total Revenue of 0.0 can show how well Aptose Biosciences performed in making a profits. Evaluating Aptose Biosciences income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Aptose Biosciences's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Aptose Biosciences 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 Aptose Biosciences is a good buy for the upcoming year.
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About Aptose Income Statement Analysis
Aptose Biosciences 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 Aptose Biosciences shareholders. The income statement also shows Aptose 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).
Aptose Biosciences Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Aptose Biosciences. It is also known as Aptose Biosciences 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.Most accounts from Aptose Biosciences' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Aptose Biosciences 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 Aptose Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Aptose Stock, please use our How to Invest in Aptose Biosciences guide.At this time, Aptose Biosciences' Cost Of Revenue is very stable compared to the past year. As of the 22nd of November 2024, Interest Income is likely to grow to about 1.5 M, while Depreciation And Amortization is likely to drop about 83.6 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 94K | 788K | 1.4M | 1.5M | Interest Income | 94K | 788K | 1.4M | 1.5M |
Aptose Biosciences income statement Correlations
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Aptose Biosciences Account Relationship Matchups
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High Negative Relationship
Aptose Biosciences income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 613K | 646.4K | 616.5K | 507.1K | 88K | 83.6K | |
| Interest Expense | 574K | 522K | 92K | 770K | 885.5K | 929.8K | |
| Selling General Administrative | 9.9M | 26.3M | 19.3M | 14.4M | 15.6M | 16.4M | |
| Gross Profit | (627.3K) | (646.4K) | (616.5K) | (507.1K) | (474.5K) | (450.8K) | |
| Other Operating Expenses | 26.9M | 55.8M | 65.4M | 42.6M | 52.4M | 55.0M | |
| Operating Income | (26.9M) | (55.8M) | (65.4M) | (42.6M) | (52.4M) | (49.7M) | |
| Ebit | (26.9M) | (58.2M) | (64.8M) | (40.2M) | (52.4M) | (49.7M) | |
| Research Development | 16.8M | 29.3M | 46.0M | 28.1M | 36.8M | 38.6M | |
| Ebitda | (26.3M) | (57.5M) | (64.2M) | (39.7M) | (52.3M) | (49.7M) | |
| Total Operating Expenses | 26.9M | 55.8M | 65.4M | 42.6M | 52.4M | 55.0M | |
| Income Before Tax | (26.3M) | (55.2M) | (65.4M) | (41.8M) | (51.2M) | (48.6M) | |
| Total Other Income Expense Net | 586K | 530K | 93K | 779K | 1.1M | 1.2M | |
| Net Income | (25.7M) | (54.7M) | (65.3M) | (41.1M) | (51.2M) | (48.6M) | |
| Income Tax Expense | (580K) | (530K) | (93K) | (770K) | (3.0) | (2.85) | |
| Cost Of Revenue | 627.3K | 646.4K | 616.5K | 507.1K | 474.5K | 498.3K | |
| Net Income From Continuing Ops | (26.3M) | (55.2M) | (65.4M) | (41.8M) | (49.3M) | (46.8M) | |
| Net Income Applicable To Common Shares | (26.3M) | (55.2M) | (65.4M) | (41.8M) | (37.6M) | (35.8M) | |
| Interest Income | 574K | 522K | 94K | 788K | 1.4M | 1.5M | |
| Net Interest Income | 574K | 522K | 94K | 788K | 1.4M | 1.5M | |
| Reconciled Depreciation | 613K | 614K | 622K | 528K | 456K | 472.1K | |
| Non Operating Income Net Other | 580K | 530K | 93K | 779K | 895.9K | 488.6K |
Pair Trading with Aptose Biosciences
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 Aptose Biosciences 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 Aptose Biosciences will appreciate offsetting losses from the drop in the long position's value.Moving against Aptose Stock
The ability to find closely correlated positions to Aptose Biosciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aptose Biosciences 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 Aptose Biosciences - 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 Aptose Biosciences to buy it.
The correlation of Aptose Biosciences 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 Aptose Biosciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aptose Biosciences 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 Aptose Biosciences 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptose Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Aptose Stock, please use our How to Invest in Aptose Biosciences guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aptose Biosciences. If investors know Aptose will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aptose Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.92) | Return On Assets (1.36) | Return On Equity (6.94) |
The market value of Aptose Biosciences is measured differently than its book value, which is the value of Aptose that is recorded on the company's balance sheet. Investors also form their own opinion of Aptose Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Aptose Biosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aptose Biosciences' market value can be influenced by many factors that don't directly affect Aptose Biosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aptose Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptose Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptose Biosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.