Equillium Historical Income Statement
| EQ Stock | USD 0.72 0.01 1.41% |
Historical analysis of Equillium income statement accounts such as Selling General Administrative of 10.3 M can show how well Equillium performed in making a profits. Evaluating Equillium income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Equillium's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Equillium 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 Equillium is a good buy for the upcoming year.
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About Equillium Income Statement Analysis
Equillium 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 Equillium shareholders. The income statement also shows Equillium 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).
Equillium Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Equillium 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.Cost Of Revenue
Cost of Revenue is found on Equillium income statement and represents the costs associated with goods and services Equillium 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.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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Equillium income statement and is an important metric when analyzing Equillium 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Equillium financial statement analysis. It represents the amount of money remaining after all of Equillium operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Equillium's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Equillium 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 Equillium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. To learn how to invest in Equillium Stock, please use our How to Invest in Equillium guide.At this time, Equillium's Interest Income is relatively stable compared to the past year. As of 11/23/2024, Interest Expense is likely to grow to about 748.9 K, while Net Loss is likely to drop (8.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 37.8M | 54.8M | 50.6M | 38.1M | Depreciation And Amortization | 72K | 118K | 126K | 71.5K |
Equillium income statement Correlations
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Equillium Account Relationship Matchups
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Equillium income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Income | 1.4M | 476K | 57K | 420K | 2.0M | 2.1M | |
| Interest Expense | 279K | 1.1M | 1.1M | 1.1M | 491K | 748.9K | |
| Selling General Administrative | 9.1M | 10.2M | 11.4M | 17.2M | 13.6M | 10.3M | |
| Gross Profit | (23K) | (45K) | (72K) | 15.6M | 36.0M | 37.8M | |
| Operating Income | (26.7M) | (29.5M) | (37.8M) | (62.1M) | (14.5M) | (15.2M) | |
| Net Income From Continuing Ops | (25.6M) | (29.8M) | (39.1M) | (62.4M) | (8.2M) | (8.6M) | |
| Ebit | (26.7M) | (29.5M) | (37.8M) | (61.4M) | (12.3M) | (12.9M) | |
| Research Development | 17.6M | 19.4M | 26.4M | 37.5M | 37.0M | 22.7M | |
| Cost Of Revenue | 23K | 45K | 72K | 118K | 126K | 132.3K | |
| Total Operating Expenses | 26.7M | 29.5M | 37.8M | 54.8M | 50.6M | 33.0M | |
| Income Before Tax | (25.6M) | (29.8M) | (39.1M) | (62.4M) | (12.8M) | (13.4M) | |
| Total Other Income Expense Net | 1.1M | (265K) | (1.3M) | (352K) | 1.8M | 1.9M | |
| Net Income Applicable To Common Shares | (25.6M) | (29.8M) | (39.1M) | (62.4M) | (56.2M) | (53.4M) | |
| Net Income | (25.6M) | (29.8M) | (39.0M) | (107.7M) | (13.3M) | (14.0M) | |
| Income Tax Expense | (23K) | (45K) | (72K) | 45.3M | 580K | 551K | |
| Net Interest Income | 1.1M | (623K) | (1.0M) | (633K) | 1.3M | 1.3M | |
| Depreciation And Amortization | 23K | 45K | 72K | 118K | 126K | 71.5K | |
| Other Operating Expenses | 26.7M | 29.5M | 37.8M | 54.8M | 50.6M | 38.1M | |
| Ebitda | (26.7M) | (29.5M) | (37.7M) | (61.3M) | (12.1M) | (12.7M) | |
| Reconciled Depreciation | 23K | 45K | 72K | 118K | 125K | 71.3K |
Pair Trading with Equillium
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 Equillium 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 Equillium will appreciate offsetting losses from the drop in the long position's value.Moving against Equillium Stock
The ability to find closely correlated positions to Equillium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equillium 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 Equillium - 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 Equillium to buy it.
The correlation of Equillium 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 Equillium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equillium 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 Equillium 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 Equillium Stock Analysis
When running Equillium's price analysis, check to measure Equillium'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 Equillium is operating at the current time. Most of Equillium's value examination focuses on studying past and present price action to predict the probability of Equillium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equillium's price. Additionally, you may evaluate how the addition of Equillium to your portfolios can decrease your overall portfolio volatility.