Global Historical Income Statement
GLO Stock | CAD 1.05 0.04 3.67% |
Historical analysis of Global Atomic income statement accounts such as Selling General Administrative of 10.5 M or Total Revenue of 655.5 K can show how well Global Atomic Corp performed in making a profits. Evaluating Global Atomic income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Global Atomic's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Global Atomic 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 Global Atomic Corp is a good buy for the upcoming year.
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About Global Income Statement Analysis
Global Atomic 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 Global Atomic shareholders. The income statement also shows Global 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).
Global Atomic Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Global Atomic 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Global Atomic Corp minus its cost of goods sold. It is profit before Global Atomic 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 Global Atomic Corp. It is also known as Global Atomic 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 Global Atomic Corp financial statement analysis. It represents the amount of money remaining after all of Global Atomic Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Global Atomic's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Global Atomic 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Atomic 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, Global Atomic's Income Tax Expense is very stable compared to the past year. As of the 26th of November 2024, Net Interest Income is likely to grow to about 1.2 M, while Total Revenue is likely to drop about 655.5 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 805.4K | 888.2K | 417.6K | 594.4K | Total Revenue | 957.7K | 1.1M | 690.0K | 655.5K |
Global Atomic income statement Correlations
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Global Atomic Account Relationship Matchups
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High Negative Relationship
Global Atomic income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 121.6K | 121.8K | 194.1K | 339.2K | 272.4K | 286.1K | |
Interest Expense | 24.5K | 16.8K | 19.9K | 6.0M | 7.0M | 7.3M | |
Selling General Administrative | 4.1M | 3.3M | 9.0M | 10.0M | 10.0M | 10.5M | |
Total Revenue | 239.5K | 707.6K | 957.7K | 1.1M | 690.0K | 655.5K | |
Gross Profit | 119.7K | 586.0K | 805.4K | 888.2K | 417.6K | 594.4K | |
Other Operating Expenses | 4.2M | 3.4M | 9.2M | 10.3M | 10.3M | 10.8M | |
Operating Income | (4.0M) | (2.7M) | (8.2M) | (6.4M) | (9.6M) | (9.1M) | |
Ebit | (3.9M) | (2.7M) | (4.0M) | (6.4M) | (9.6M) | (9.1M) | |
Ebitda | (3.8M) | (2.6M) | (3.8M) | (6.1M) | (9.3M) | (8.8M) | |
Total Operating Expenses | 4.1M | 3.3M | 9.0M | 10.0M | 10.0M | 10.5M | |
Income Before Tax | 3.7M | (3.6M) | (4.1M) | (12.5M) | (12.5M) | (11.8M) | |
Total Other Income Expense Net | 7.7M | (947.7K) | 4.1M | (6.0M) | (2.9M) | (2.7M) | |
Net Income | 3.7M | (3.7M) | (8.3M) | (18.5M) | (16.6M) | (15.8M) | |
Income Tax Expense | 71.0K | 21.2K | 4.2M | 6.0M | 4.1M | 4.4M | |
Net Income From Continuing Ops | 3.7M | (3.6M) | (4.1M) | (12.5M) | (16.6M) | (15.8M) | |
Net Income Applicable To Common Shares | 3.7M | (3.6M) | (4.1M) | (12.5M) | (11.2M) | (10.7M) | |
Net Interest Income | (24.5K) | (16.8K) | (19.9K) | 155.1K | 1.2M | 1.2M | |
Reconciled Depreciation | 119.7K | 119.9K | 194.1K | 339.2K | 192.2K | 177.1K |
Pair Trading with Global Atomic
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 Global Atomic 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 Global Atomic will appreciate offsetting losses from the drop in the long position's value.Moving against Global Stock
0.82 | RY-PM | Royal Bank Earnings Call Next Week | PairCorr |
0.79 | RY-PS | Royal Bank Earnings Call Next Week | PairCorr |
0.79 | RY-PJ | Royal Bank Earnings Call Next Week | PairCorr |
0.77 | BOFA | Bank of America | PairCorr |
0.75 | JPM | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Global Atomic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Atomic 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 Global Atomic - 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 Global Atomic Corp to buy it.
The correlation of Global Atomic 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 Global Atomic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Atomic 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 Global Atomic 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 Global Stock
Global Atomic 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 Global Atomic shareholders. The income statement also shows Global 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).