Ichor Historical Income Statement
ICHR Stock | USD 32.76 0.60 1.87% |
Historical analysis of Ichor Holdings income statement accounts such as Selling General Administrative of 55.1 M or Total Revenue of 786.3 M can show how well Ichor Holdings performed in making a profits. Evaluating Ichor Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ichor Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ichor Holdings 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 Ichor Holdings is a good buy for the upcoming year.
Ichor |
About Ichor Income Statement Analysis
Ichor Holdings 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 Ichor Holdings shareholders. The income statement also shows Ichor 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).
Ichor Holdings Income Statement Chart
Add Fundamental
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ichor Holdings minus its cost of goods sold. It is profit before Ichor Holdings 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 Ichor Holdings. It is also known as Ichor Holdings 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.Operating Income
Operating Income is the amount of profit realized from Ichor Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ichor Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Ichor Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ichor Holdings 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 Ichor Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Ichor Stock, please use our How to Invest in Ichor Holdings guide.At this time, Ichor Holdings' Interest Expense is relatively stable compared to the past year. As of 11/29/2024, Gross Profit is likely to grow to about 120.2 M, while Depreciation And Amortization is likely to drop slightly above 22.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.5M | 11.1M | 19.4M | 20.3M | Depreciation And Amortization | 26.0M | 35.1M | 34.6M | 22.7M |
Ichor Holdings income statement Correlations
Click cells to compare fundamentals
Ichor Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ichor Holdings income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 21.8M | 24.3M | 26.0M | 35.1M | 34.6M | 22.7M | |
Interest Expense | 10.6M | 8.7M | 6.5M | 11.1M | 19.4M | 20.3M | |
Selling General Administrative | 47.3M | 56.6M | 65.9M | 88.6M | 81.7M | 55.1M | |
Total Revenue | 620.8M | 914.2M | 1.1B | 1.3B | 811.1M | 786.3M | |
Gross Profit | 86.4M | 124.9M | 177.5M | 211.9M | 103.4M | 120.2M | |
Other Operating Expenses | 605.9M | 872.7M | 1.0B | 1.2B | 822.0M | 746.2M | |
Operating Income | 15.0M | 41.6M | 81.0M | 85.8M | (10.9M) | (10.4M) | |
Net Income From Continuing Ops | 10.7M | 33.3M | 70.9M | 72.8M | (16.9M) | (16.0M) | |
Ebit | 15.0M | 41.0M | 80.2M | 86.4M | (10.9M) | (10.4M) | |
Research Development | 11.1M | 13.4M | 15.7M | 19.6M | 20.2M | 12.4M | |
Ebitda | 36.8M | 65.3M | 106.2M | 121.5M | (10.9M) | (10.4M) | |
Cost Of Revenue | 534.5M | 789.3M | 919.4M | 1.1B | 707.7M | 666.1M | |
Total Operating Expenses | 71.4M | 83.3M | 96.5M | 126.0M | 114.3M | 80.1M | |
Income Before Tax | 4.3M | 32.3M | 73.8M | 75.3M | (31.1M) | (29.5M) | |
Total Other Income Expense Net | (10.7M) | (9.3M) | (7.3M) | (10.5M) | (20.2M) | (19.2M) | |
Net Income Applicable To Common Shares | 10.7M | 33.3M | 70.9M | 72.8M | 83.7M | 87.9M | |
Net Income | 10.7M | 33.3M | 70.9M | 72.8M | (43.0M) | (40.8M) | |
Income Tax Expense | (6.5M) | (988K) | 2.9M | 2.5M | 11.9M | 12.5M | |
Tax Provision | (6.5M) | (988K) | 2.9M | 2.5M | 12.0M | 12.6M | |
Net Interest Income | (10.6M) | (8.7M) | (6.5M) | (11.1M) | (18.9M) | (18.0M) | |
Reconciled Depreciation | 21.9M | 24.2M | 26.0M | 35.1M | 34.4M | 27.8M | |
Non Operating Income Net Other | (55K) | (534K) | (807K) | 563K | 506.7K | 532.0K |
Pair Trading with Ichor Holdings
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 Ichor Holdings 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 Ichor Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Ichor Stock
0.67 | CAN | Canaan Inc Aggressive Push | PairCorr |
Moving against Ichor Stock
0.5 | QRVO | Qorvo Inc | PairCorr |
0.49 | MPWR | Monolithic Power Systems | PairCorr |
0.48 | MX | MagnaChip Semiconductor Tech Boost | PairCorr |
0.38 | SWKS | Skyworks Solutions | PairCorr |
0.36 | WOLF | Wolfspeed Trending | PairCorr |
The ability to find closely correlated positions to Ichor Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ichor Holdings 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 Ichor Holdings - 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 Ichor Holdings to buy it.
The correlation of Ichor Holdings 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 Ichor Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ichor Holdings 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 Ichor Holdings 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 Ichor Stock Analysis
When running Ichor Holdings' price analysis, check to measure Ichor Holdings' 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 Ichor Holdings is operating at the current time. Most of Ichor Holdings' value examination focuses on studying past and present price action to predict the probability of Ichor Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ichor Holdings' price. Additionally, you may evaluate how the addition of Ichor Holdings to your portfolios can decrease your overall portfolio volatility.