Cable Historical Income Statement
CABO Stock | USD 416.55 13.70 3.40% |
Historical analysis of Cable One income statement accounts such as Interest Expense of 178.7 M, Selling General Administrative of 308.7 M or Total Revenue of 1.2 B can show how well Cable One performed in making a profits. Evaluating Cable One income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cable One's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Cable One 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 Cable One is a good buy for the upcoming year.
Cable |
About Cable Income Statement Analysis
Cable One 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 Cable One shareholders. The income statement also shows Cable 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).
Cable One Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Cable One 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 Cable One minus its cost of goods sold. It is profit before Cable One 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 Cable One. It is also known as Cable One 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 Cable One income statement and is an important metric when analyzing Cable One 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.Most accounts from Cable One's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cable One 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 Cable One. 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 labor statistics. To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.At this time, Cable One's Interest Expense is very stable compared to the past year. As of the 25th of November 2024, Total Other Income Expense Net is likely to grow to about 24.5 M, while Depreciation And Amortization is likely to drop about 235.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.2B | 1.2B | 830.9M | Total Revenue | 1.6B | 1.7B | 1.7B | 1.2B |
Cable One income statement Correlations
Click cells to compare fundamentals
Cable One Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cable One income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 216.7M | 265.7M | 339.0M | 350.5M | 342.9M | 235.5M | |
Interest Expense | 71.7M | 73.6M | 113.4M | 137.7M | 170.1M | 178.7M | |
Selling General Administrative | 245.1M | 255.2M | 802.4M | 350.3M | 354.7M | 308.7M | |
Total Revenue | 1.2B | 1.3B | 1.6B | 1.7B | 1.7B | 1.2B | |
Gross Profit | 779.4M | 906.5M | 1.2B | 1.2B | 1.2B | 830.9M | |
Other Operating Expenses | 850.4M | 939.5M | 1.1B | 1.2B | 1.1B | 916.6M | |
Operating Income | 310.5M | 369.3M | 456.6M | 539.0M | 526.9M | 324.0M | |
Ebit | 312.7M | 389.6M | 475.2M | 537.6M | 554.8M | 332.0M | |
Ebitda | 529.4M | 655.3M | 814.2M | 888.0M | 897.7M | 567.5M | |
Cost Of Revenue | 388.6M | 418.7M | 455.4M | 470.9M | 440.9M | 414.6M | |
Total Operating Expenses | 461.8M | 520.8M | 686.1M | 700.8M | 697.6M | 501.9M | |
Income Before Tax | 233.8M | 379.3M | 337.1M | 375.4M | 411.4M | 275.0M | |
Total Other Income Expense Net | (76.6M) | (90.0M) | (119.5M) | (163.6M) | 23.4M | 24.5M | |
Net Income | 178.6M | 304.4M | 291.8M | 234.1M | 267.4M | 202.5M | |
Income Tax Expense | 55.2M | 76.3M | 45.8M | 126.3M | 89.7M | 66.3M | |
Net Income Applicable To Common Shares | 178.6M | 304.4M | 291.8M | 234.1M | 269.2M | 203.5M | |
Net Income From Continuing Ops | 178.6M | 303.0M | 291.4M | 234.1M | 267.4M | 221.3M | |
Tax Provision | 55.2M | 76.3M | 45.8M | 126.3M | 89.7M | 63.1M | |
Interest Income | 60.4M | 71.7M | 11.6M | 13.7M | 18.6M | 26.9M | |
Non Operating Income Net Other | (4.9M) | (15.0M) | (5.5M) | (40.8M) | (36.7M) | (34.9M) | |
Net Interest Income | (71.7M) | (73.6M) | (113.4M) | (137.7M) | (151.6M) | (144.0M) | |
Reconciled Depreciation | 216.7M | 265.7M | 339.0M | 350.5M | 342.9M | 297.6M |
Pair Trading with Cable One
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 Cable One 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 Cable One will appreciate offsetting losses from the drop in the long position's value.Moving against Cable Stock
0.76 | SGA | Saga Communications | PairCorr |
0.75 | LILAK | Liberty Latin America | PairCorr |
0.42 | DRCT | Direct Digital Holdings | PairCorr |
0.33 | WIMI | WiMi Hologram Cloud | PairCorr |
0.33 | GTN | Gray Television | PairCorr |
The ability to find closely correlated positions to Cable One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cable One 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 Cable One - 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 Cable One to buy it.
The correlation of Cable One 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 Cable One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cable One 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 Cable One 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 Cable One. 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 labor statistics. To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Cable & Satellite 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 Cable One. If investors know Cable 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 Cable One 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 0.434 | Dividend Share 11.8 | Earnings Share 45.07 | Revenue Per Share 285.587 | Quarterly Revenue Growth (0.06) |
The market value of Cable One is measured differently than its book value, which is the value of Cable that is recorded on the company's balance sheet. Investors also form their own opinion of Cable One's value that differs from its market value or its book value, called intrinsic value, which is Cable One'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 Cable One's market value can be influenced by many factors that don't directly affect Cable One'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 Cable One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cable One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cable One'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.