HeartCore Historical Income Statement
HTCR Stock | USD 1.41 0.11 8.46% |
Historical analysis of HeartCore Enterprises income statement accounts such as Depreciation And Amortization of 717.2 K or Interest Expense of 171.1 K can show how well HeartCore Enterprises performed in making a profits. Evaluating HeartCore Enterprises income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of HeartCore Enterprises's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining HeartCore Enterprises 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 HeartCore Enterprises is a good buy for the upcoming year.
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About HeartCore Income Statement Analysis
HeartCore Enterprises 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 HeartCore Enterprises shareholders. The income statement also shows HeartCore 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).
HeartCore Enterprises Income Statement Chart
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Total Revenue
Total revenue comprises all receipts HeartCore Enterprises 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 HeartCore Enterprises minus its cost of goods sold. It is profit before HeartCore Enterprises 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.Most accounts from HeartCore Enterprises' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into HeartCore Enterprises 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 HeartCore Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in HeartCore Stock, please use our How to Invest in HeartCore Enterprises guide.At this time, HeartCore Enterprises' Tax Provision is relatively stable compared to the past year. As of 11/24/2024, Interest Income is likely to grow to about 104.3 K, while Selling General Administrative is likely to drop slightly above 5.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 112.3K | 137.8K | 683.0K | 717.2K | Interest Income | 7.0K | 67.0K | 99.3K | 104.3K |
HeartCore Enterprises income statement Correlations
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HeartCore Enterprises Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with HeartCore Enterprises
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 HeartCore Enterprises 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 HeartCore Enterprises will appreciate offsetting losses from the drop in the long position's value.Moving together with HeartCore Stock
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0.63 | DT | Dynatrace Holdings LLC | PairCorr |
Moving against HeartCore Stock
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0.53 | VERB | VERB TECHNOLOGY PANY Trending | PairCorr |
0.33 | EGAN | eGain | PairCorr |
The ability to find closely correlated positions to HeartCore Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HeartCore Enterprises 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 HeartCore Enterprises - 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 HeartCore Enterprises to buy it.
The correlation of HeartCore Enterprises 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 HeartCore Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HeartCore Enterprises 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 HeartCore Enterprises 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 HeartCore Stock Analysis
When running HeartCore Enterprises' price analysis, check to measure HeartCore Enterprises' 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 HeartCore Enterprises is operating at the current time. Most of HeartCore Enterprises' value examination focuses on studying past and present price action to predict the probability of HeartCore Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HeartCore Enterprises' price. Additionally, you may evaluate how the addition of HeartCore Enterprises to your portfolios can decrease your overall portfolio volatility.