ARMOUR Historical Income Statement
| ARR Stock | USD 18.69 0.01 0.05% |
Historical analysis of ARMOUR Residential income statement accounts such as Selling General Administrative of 4.2 M, Other Operating Expenses of 8.8 M or Operating Income of 467 M can show how well ARMOUR Residential REIT performed in making a profits. Evaluating ARMOUR Residential income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ARMOUR Residential's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ARMOUR Residential REIT 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 ARMOUR Residential REIT is a good buy for the upcoming year.
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About ARMOUR Income Statement Analysis
ARMOUR Residential REIT 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 ARMOUR Residential shareholders. The income statement also shows ARMOUR 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).
ARMOUR Residential 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 ARMOUR Residential REIT. It is also known as ARMOUR Residential 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.Operating Income
Operating Income is the amount of profit realized from ARMOUR Residential REIT operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ARMOUR Residential REIT is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of ARMOUR Residential REIT minus its cost of goods sold. It is profit before ARMOUR Residential operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from ARMOUR Residential's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ARMOUR Residential REIT 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 ARMOUR Residential REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, ARMOUR Residential's Preferred Stock And Other Adjustments is relatively stable compared to the past year. As of 11/24/2024, Non Operating Income Net Other is likely to grow to about 63 M, while Selling General Administrative is likely to drop slightly above 4.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 80.8M | 228.4M | 479.4M | 302.4M | Net Interest Income | 73.7M | 107.6M | 33.0M | 31.3M |
ARMOUR Residential income statement Correlations
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ARMOUR Residential Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ARMOUR Residential income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 53.9M | 53.3M | 48.1M | (773.0M) | (8.2M) | (8.6M) | |
| Interest Expense | 288.2M | 63.0M | 7.1M | 120.8M | 525.8M | 552.1M | |
| Selling General Administrative | 4.6M | 6.3M | 7.4M | 5.5M | 4.9M | 4.2M | |
| Other Operating Expenses | 3.1M | 5.3M | 5.1M | 45.6M | 8.2M | 8.8M | |
| Operating Income | (249.9M) | (215.1M) | 15.4M | (121.1M) | 444.7M | 467.0M | |
| Ebit | (249.9M) | (215.1M) | 15.4M | 668.4M | 466.1M | 489.4M | |
| Ebitda | (196.0M) | (161.8M) | 63.5M | (104.6M) | 457.9M | 480.8M | |
| Total Operating Expenses | 3.1M | 5.3M | 5.1M | (889K) | 4.9M | 4.7M | |
| Income Before Tax | (249.9M) | (215.1M) | 15.4M | (229.9M) | (67.9M) | (71.3M) | |
| Total Other Income Expense Net | (288.2M) | (63.0M) | (7.1M) | (108.8M) | (67.9M) | (71.3M) | |
| Net Income | (265.5M) | (224.9M) | 3.9M | (241.9M) | (67.9M) | (71.3M) | |
| Income Tax Expense | 15.6M | 9.8M | 11.5M | 120.8M | (67.9M) | (64.5M) | |
| Total Revenue | (216.6M) | (22.2M) | 19.2M | (225.9M) | 449.7M | 472.2M | |
| Gross Profit | (433.2M) | (44.4M) | 19.2M | (458.1M) | 449.7M | 472.2M | |
| Cost Of Revenue | 216.6M | 22.2M | (1.5M) | 232.2M | 31.6M | 30.0M | |
| Net Income Applicable To Common Shares | (265.5M) | (224.9M) | 3.9M | (241.9M) | (217.7M) | (206.8M) | |
| Preferred Stock And Other Adjustments | 15.6M | 9.8M | 11.5M | 12.0M | 13.8M | 14.1M | |
| Net Income From Continuing Ops | (237.3M) | (218.2M) | 82.3M | 62.0M | (128.2M) | (121.7M) | |
| Non Operating Income Net Other | 1.8M | (350.1M) | (284.2M) | 52.2M | 60.0M | 63.0M | |
| Net Interest Income | 151.3M | 106.8M | 73.7M | 107.6M | 33.0M | 31.3M | |
| Interest Income | 439.6M | 169.8M | 80.8M | 228.4M | 479.4M | 302.4M |
Pair Trading with ARMOUR Residential
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 ARMOUR Residential 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 ARMOUR Residential will appreciate offsetting losses from the drop in the long position's value.Moving against ARMOUR Stock
| 0.79 | LC | LendingClub Corp | PairCorr |
| 0.76 | QD | Qudian Inc | PairCorr |
| 0.72 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.71 | LX | Lexinfintech Holdings | PairCorr |
| 0.7 | SF | Stifel Financial Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to ARMOUR Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARMOUR Residential 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 ARMOUR Residential - 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 ARMOUR Residential REIT to buy it.
The correlation of ARMOUR Residential 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 ARMOUR Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARMOUR Residential REIT 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 ARMOUR Residential 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 ARMOUR Stock Analysis
When running ARMOUR Residential's price analysis, check to measure ARMOUR Residential'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 ARMOUR Residential is operating at the current time. Most of ARMOUR Residential's value examination focuses on studying past and present price action to predict the probability of ARMOUR Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ARMOUR Residential's price. Additionally, you may evaluate how the addition of ARMOUR Residential to your portfolios can decrease your overall portfolio volatility.