EQR Historical Income Statement
EQR Stock | 0.05 0 1.82% |
Historical analysis of EQ Resources income statement accounts such as Selling And Marketing Expenses of 6.7 M or Total Revenue of 27.8 M can show how well EQ Resources performed in making a profits. Evaluating EQ Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EQ Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining EQ Resources 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 EQ Resources is a good buy for the upcoming year.
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About EQR Income Statement Analysis
EQ Resources 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 EQ Resources shareholders. The income statement also shows EQR 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).
EQ Resources Income Statement Chart
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Total Revenue
Total revenue comprises all receipts EQ Resources 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 EQ Resources. It is also known as EQ Resources 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.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 EQ Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EQ Resources 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 EQ Resources. 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, EQ Resources' Research Development is comparatively stable compared to the past year. Interest Income is likely to gain to about 2.1 M in 2024, despite the fact that EBIT is likely to grow to (26.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 9.4M | 12.2M | 51.8M | 54.4M | Interest Expense | 643.2K | 1.5M | 2.6M | 2.8M |
EQ Resources income statement Correlations
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EQ Resources Account Relationship Matchups
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EQ Resources income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 219.7K | 588.5K | 939.6K | 1.4M | 7.2M | 7.5M | |
Selling General Administrative | 2.3M | 4.6M | 5.7M | 7.7M | 17.5M | 18.4M | |
Total Revenue | 735.5K | 4.5M | 4.0M | 5.0M | 26.5M | 27.8M | |
Gross Profit | (1.9M) | (4.0M) | (5.4M) | (7.2M) | (25.3M) | (24.0M) | |
Other Operating Expenses | 4.0M | 10.3M | 11.2M | 14.7M | 55.3M | 58.1M | |
Operating Income | (3.0M) | (4.5M) | (5.4M) | (9.7M) | (28.8M) | (27.4M) | |
Ebit | (3.0M) | (5.1M) | (5.5M) | (2.5M) | (27.8M) | (26.4M) | |
Ebitda | (2.8M) | (4.6M) | (4.5M) | (1.1M) | (20.6M) | (19.6M) | |
Total Operating Expenses | 4.0M | 10.3M | 11.2M | 2.5M | 26.5M | 27.8M | |
Income Before Tax | (3.0M) | (4.6M) | (6.1M) | (6.0M) | (30.4M) | (28.9M) | |
Total Other Income Expense Net | (107.2K) | 240.2K | (1.1M) | 3.6M | (1.6M) | (1.5M) | |
Net Income | (3.0M) | (4.6M) | (6.1M) | (3.7M) | (28.3M) | (26.8M) | |
Income Tax Expense | 256.5K | 1.2M | 2.5M | (2.3M) | (2.2M) | (2.0M) | |
Interest Expense | 7.4K | 39.6K | 643.2K | 1.5M | 2.6M | 2.8M | |
Cost Of Revenue | 2.6M | 8.6M | 9.4M | 12.2M | 51.8M | 54.4M | |
Research Development | 352.0K | 432.1K | 462.8K | 711.0K | 1.0M | 1.1M | |
Interest Income | 98.7K | 262.7K | 1.0M | 1.7M | 2.0M | 2.1M | |
Net Income Applicable To Common Shares | (3.0M) | (4.6M) | (6.1M) | (3.7M) | (3.3M) | (3.5M) | |
Net Interest Income | 4.2K | (33.1K) | (640.2K) | (1.5M) | (1.3M) | (1.3M) | |
Net Income From Continuing Ops | (3.0M) | (4.6M) | (6.1M) | (3.7M) | (4.3M) | (4.5M) | |
Reconciled Depreciation | 219.7K | 588.5K | 939.6K | 1.4M | 1.6M | 1.7M |
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When running EQ Resources' price analysis, check to measure EQ Resources' 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 EQ Resources is operating at the current time. Most of EQ Resources' value examination focuses on studying past and present price action to predict the probability of EQ Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQ Resources' price. Additionally, you may evaluate how the addition of EQ Resources to your portfolios can decrease your overall portfolio volatility.