Black Historical Income Statement
| BKI Stock | CAD 0.09 0.01 10.00% |
Historical analysis of Black Iron income statement accounts such as Selling General Administrative of 887.3 K, Other Operating Expenses of 1.4 M or Total Operating Expenses of 1.4 M can show how well Black Iron performed in making a profits. Evaluating Black Iron income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Black Iron's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Black Iron 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 Black Iron is a good buy for the upcoming year.
Black Iron Net Income |
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About Black Income Statement Analysis
Black Iron 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 Black Iron shareholders. The income statement also shows Black 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).
Black Iron 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 Black Iron. It is also known as Black Iron 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Black Iron financial statement analysis. It represents the amount of money remaining after all of Black Iron operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Black Iron minus its cost of goods sold. It is profit before Black Iron 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.Cost Of Revenue
Cost of Revenue is found on Black Iron income statement and represents the costs associated with goods and services Black Iron 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 Black Iron's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Black Iron 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 Black Iron. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Black Iron's Depreciation And Amortization is very stable compared to the past year. As of the 27th of November 2024, Net Interest Income is likely to grow to about 27.9 K, while Interest Expense is likely to drop about 15.1 K.
Black Iron income statement Correlations
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Black Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Black Iron income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 203.7K | 712.5K | 58.0K | 17.7K | 15.9K | 15.1K | |
| Selling General Administrative | 1.7M | 2.0M | 3.1M | 1.3M | 934.0K | 887.3K | |
| Other Operating Expenses | 2.4M | 2.7M | 5.8M | 3.5M | 1.5M | 1.4M | |
| Operating Income | (2.4M) | (2.7M) | (5.8M) | (3.5M) | (1.5M) | (1.6M) | |
| Ebit | (2.1M) | (2.6M) | (5.5M) | (3.4M) | (1.5M) | (1.6M) | |
| Ebitda | (2.1M) | (2.6M) | (5.5M) | (3.4M) | (1.5M) | (1.6M) | |
| Total Operating Expenses | 2.4M | 2.7M | 5.8M | 3.5M | 1.5M | 1.4M | |
| Income Before Tax | (2.9M) | (9.1M) | (5.8M) | (3.4M) | (1.6M) | (1.7M) | |
| Total Other Income Expense Net | (819.2K) | (6.5M) | (313.0K) | (78.4K) | (74.2K) | (77.9K) | |
| Net Income | (3.1M) | (9.8M) | (5.9M) | (3.4M) | (1.6M) | (1.7M) | |
| Income Tax Expense | 203.7K | 712.5K | 73.9K | (17.7K) | (15.9K) | (15.1K) | |
| Depreciation And Amortization | 4.1K | 3.3K | 3.2K | 3.5K | 2.1K | 2.2K | |
| Net Income From Continuing Ops | (2.9M) | (9.1M) | (5.8M) | (3.4M) | (1.6M) | (1.7M) | |
| Net Income Applicable To Common Shares | (2.9M) | (9.1M) | (5.8M) | (3.4M) | (4.0M) | (4.2M) | |
| Interest Income | 536.1K | 6.4M | 53.2K | 35.4K | 26.5K | 25.2K | |
| Net Interest Income | (146.5K) | (327.3K) | (53.9K) | 17.7K | 26.5K | 27.9K | |
| Reconciled Depreciation | 4.1K | 3.3K | 3.2K | 3.5K | 2.1K | 4.0K |
Pair Trading with Black Iron
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 Black Iron 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 Black Iron will appreciate offsetting losses from the drop in the long position's value.Moving against Black Stock
| 0.74 | ORE | Orezone Gold Corp | PairCorr |
| 0.7 | CG | Centerra Gold | PairCorr |
| 0.54 | INFM | Infinico Metals Corp | PairCorr |
| 0.5 | PNC-B | Postmedia Network Canada | PairCorr |
The ability to find closely correlated positions to Black Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Iron 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 Black Iron - 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 Black Iron to buy it.
The correlation of Black Iron 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 Black Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Iron 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 Black Iron 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.Other Information on Investing in Black Stock
Black Iron 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 Black Iron shareholders. The income statement also shows Black 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).