Ames Historical Income Statement
| ATLO Stock | USD 17.74 0.30 1.72% |
Historical analysis of Ames National income statement accounts such as Interest Expense of 31.2 M, Selling General Administrative of 16 M or Total Revenue of 45.2 M can show how well Ames National performed in making a profits. Evaluating Ames National income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ames National's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ames National 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 Ames National is a good buy for the upcoming year.
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About Ames Income Statement Analysis
Ames National 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 Ames National shareholders. The income statement also shows Ames 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).
Ames National Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Ames National generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ames National minus its cost of goods sold. It is profit before Ames National 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ames National. It is also known as Ames National 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Ames National income statement and is an important metric when analyzing Ames National profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Cost Of Revenue
Cost of Revenue is found on Ames National income statement and represents the costs associated with goods and services Ames National provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Ames National's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ames National 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 Ames National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.At this time, Ames National's Net Income From Continuing Ops is very stable compared to the past year. As of the 22nd of November 2024, Net Interest Income is likely to grow to about 50.7 M, while Depreciation And Amortization is likely to drop about 1.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.5M | 8.3M | 29.7M | 31.2M | Depreciation And Amortization | 2.0M | 2.0M | 1.8M | 1.4M |
Ames National income statement Correlations
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Ames National Account Relationship Matchups
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Ames National income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 609.6K | 2.3M | 2.0M | 2.0M | 1.8M | 1.4M | |
| Interest Expense | 10.9M | 8.1M | 4.5M | 8.3M | 29.7M | 31.2M | |
| Selling General Administrative | 19.9M | 23.2M | 22.9M | 23.5M | 24.8M | 16.0M | |
| Total Revenue | 53.9M | 65.5M | 66.5M | 62.9M | 53.8M | 45.2M | |
| Gross Profit | 53.9M | 65.5M | 66.5M | 62.9M | 53.8M | 56.5M | |
| Other Operating Expenses | 32.8M | 42.2M | 35.9M | 28.0M | 53.8M | 51.1M | |
| Operating Income | 21.0M | 23.2M | 30.7M | 34.9M | (1.3M) | (1.2M) | |
| Ebit | 21.0M | 23.2M | 30.7M | 25.2M | (1.3M) | (1.2M) | |
| Ebitda | 21.7M | 25.5M | 32.7M | 27.2M | 502K | 476.9K | |
| Total Operating Expenses | (32.8M) | (42.2M) | (35.9M) | (28.0M) | 53.8M | 101.0M | |
| Income Before Tax | 21.0M | 23.2M | 30.7M | 25.2M | 12.9M | 19.8M | |
| Total Other Income Expense Net | 21.0M | (1.1M) | 30.7M | (1.2M) | 12.9M | 13.5M | |
| Net Income | 17.2M | 18.9M | 23.9M | 19.3M | 10.8M | 14.9M | |
| Income Tax Expense | 3.8M | 4.4M | 6.8M | 5.9M | 2.1M | 2.0M | |
| Net Income Applicable To Common Shares | 17.2M | 18.9M | 23.9M | 19.3M | 22.2M | 15.3M | |
| Net Income From Continuing Ops | 17.2M | 18.9M | 23.9M | 19.3M | 10.8M | 17.7M | |
| Selling And Marketing Expenses | 1.2M | 1.1M | 1.5M | 1.4M | 1.4M | 1.3M | |
| Tax Provision | 3.8M | 4.4M | 6.8M | 5.9M | 2.1M | 2.0M | |
| Net Interest Income | 45.2M | 54.8M | 56.0M | 53.2M | 44.6M | 50.7M | |
| Interest Income | 56.2M | 62.9M | 60.5M | 61.6M | 74.3M | 60.9M | |
| Reconciled Depreciation | 1.8M | 2.3M | 628K | 574K | 1.8M | 1.2M |
Pair Trading with Ames National
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 Ames National 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 Ames National will appreciate offsetting losses from the drop in the long position's value.Moving against Ames Stock
| 0.47 | CFG-PH | Citizens Financial Group, | PairCorr |
| 0.35 | KB | KB Financial Group | PairCorr |
| 0.34 | ECBK | ECB Bancorp | PairCorr |
| 0.31 | TECTP | Tectonic Financial | PairCorr |
The ability to find closely correlated positions to Ames National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ames National 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 Ames National - 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 Ames National to buy it.
The correlation of Ames National 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 Ames National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ames National 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 Ames National 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 Ames National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks 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 Ames National. If investors know Ames 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 Ames National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Dividend Share 1.01 | Earnings Share 0.97 | Revenue Per Share 5.679 | Quarterly Revenue Growth (0.01) |
The market value of Ames National is measured differently than its book value, which is the value of Ames that is recorded on the company's balance sheet. Investors also form their own opinion of Ames National's value that differs from its market value or its book value, called intrinsic value, which is Ames National's 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 Ames National's market value can be influenced by many factors that don't directly affect Ames National's 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 Ames National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ames National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ames National's 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.