Endeavour Historical Income Statement
EDR Stock | CAD 5.86 0.09 1.56% |
Historical analysis of Endeavour Silver income statement accounts such as Selling General Administrative of 18.8 M or Total Revenue of 145.7 M can show how well Endeavour Silver Corp performed in making a profits. Evaluating Endeavour Silver income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Endeavour Silver's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Endeavour Silver Corp 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 Endeavour Silver Corp is a good buy for the upcoming year.
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About Endeavour Income Statement Analysis
Endeavour Silver Corp 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 Endeavour Silver shareholders. The income statement also shows Endeavour 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).
Endeavour Silver Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Endeavour Silver Corp 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Endeavour Silver Corp. It is also known as Endeavour Silver 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.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Endeavour Silver's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Endeavour Silver Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. 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, Endeavour Silver's Net Income is very stable compared to the past year. As of the 29th of November 2024, Income Tax Expense is likely to grow to about 12.7 M, while Depreciation And Amortization is likely to drop about 21.5 M.
Endeavour Silver income statement Correlations
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Endeavour Silver Account Relationship Matchups
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High Negative Relationship
Endeavour Silver income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 32.1M | 28.9M | 24.5M | 26.1M | 28.8M | 21.5M | |
Interest Expense | 394K | 918K | 985K | 1.3M | 822K | 803.9K | |
Selling General Administrative | 9.7M | 12.5M | 10.1M | 10.6M | 17.9M | 18.8M | |
Total Revenue | 121.7M | 138.5M | 165.3M | 210.2M | 205.5M | 145.7M | |
Gross Profit | (17.4M) | 27.3M | 36.4M | 51.5M | 36.6M | 31.3M | |
Other Operating Expenses | 161.3M | 139.2M | 158.3M | 186.0M | 196.8M | 114.5M | |
Operating Income | (43.9M) | (808K) | 7.0M | 23.5M | 8.7M | 9.1M | |
Ebit | (43.6M) | (136K) | 7.0M | 24.1M | 9.1M | 9.6M | |
Ebitda | (11.6M) | 28.7M | 31.6M | 50.2M | 37.9M | 39.8M | |
Total Operating Expenses | 22.2M | 28.1M | 29.3M | 27.4M | 27.9M | 20.0M | |
Income Before Tax | (44.0M) | (1.1M) | 29.7M | 24.9M | 18.3M | 19.2M | |
Total Other Income Expense Net | (73K) | (261K) | 7.5M | 1.5M | 9.6M | 10.0M | |
Net Income | (48.1M) | 1.2M | 14.0M | 6.2M | 6.1M | 6.4M | |
Income Tax Expense | 4.1M | (2.2M) | 15.7M | 18.7M | 12.1M | 12.7M | |
Cost Of Revenue | 139.1M | 111.1M | 129.0M | 158.6M | 168.9M | 127.8M | |
Net Income From Continuing Ops | (48.1M) | 1.2M | 14.0M | 6.2M | 6.1M | 6.4M | |
Net Income Applicable To Common Shares | (48.1M) | 1.2M | 14.0M | 6.2M | 7.1M | 7.5M | |
Tax Provision | 4.1M | (2.2M) | 15.7M | 18.7M | 12.1M | 7.1M | |
Interest Income | 286K | 178K | 1.9M | 508K | 457.2K | 434.3K | |
Net Interest Income | (394K) | (983K) | (723K) | (1.3M) | (822K) | (863.1K) | |
Reconciled Depreciation | 32.1M | 28.9M | 24.5M | 26.1M | 28.8M | 30.8M |
Pair Trading with Endeavour Silver
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 Endeavour Silver 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 Endeavour Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Endeavour Stock
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Moving against Endeavour Stock
The ability to find closely correlated positions to Endeavour Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Silver 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 Endeavour Silver - 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 Endeavour Silver Corp to buy it.
The correlation of Endeavour Silver 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 Endeavour Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Silver Corp 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 Endeavour Silver 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. 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. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.