James Historical Income Statement
| JRVR Stock | USD 4.48 0.03 0.67% |
Historical analysis of James River income statement accounts such as Cost Of Revenue of 193.2 M or Gross Profit of 464.2 M can show how well James River Group performed in making a profits. Evaluating James River income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of James River's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining James River Group 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 James River Group is a good buy for the upcoming year.
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About James Income Statement Analysis
James River Group 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 James River shareholders. The income statement also shows James 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).
James River Income Statement Chart
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Total Revenue
Total revenue comprises all receipts James River Group 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 James River Group income statement and represents the costs associated with goods and services James River 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of James River Group minus its cost of goods sold. It is profit before James River 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 James River's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into James River Group 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 James River Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, James River's Tax Provision is relatively stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 165.1M | 195.9M | 194.0M | 193.2M | Total Revenue | 772.9M | 813.7M | 812.0M | 574.0M |
James River income statement Correlations
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James River Account Relationship Matchups
High Positive Relationship
High Negative Relationship
James River income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 10.6M | 10.0M | 8.9M | 17.6M | 24.6M | 25.9M | |
| Total Revenue | 907.1M | 668.7M | 772.9M | 813.7M | 812.0M | 574.0M | |
| Cost Of Revenue | 171.5M | 166.0M | 165.1M | 195.9M | 194.0M | 193.2M | |
| Gross Profit | 735.6M | 502.7M | 607.8M | 617.8M | 618.0M | 464.2M | |
| Operating Income | 41.2M | 7.4M | (200.9M) | 67.7M | 61.2M | 64.3M | |
| Income Before Tax | 51.9M | 11.9M | (196.0M) | 49.4M | 86.9M | 91.3M | |
| Net Income Applicable To Common Shares | 38.3M | 4.8M | (172.8M) | 22.2M | 20.0M | 17.4M | |
| Net Income | 38.3M | 4.8M | (172.8M) | 31.0M | (107.7M) | (102.3M) | |
| Income Tax Expense | 13.5M | 7.1M | (23.2M) | 18.4M | 25.7M | 27.0M | |
| Depreciation And Amortization | 171.9K | 5.0M | 4.7M | 1.8M | (475K) | (451.3K) | |
| Other Operating Expenses | 855.3M | 656.8M | 968.9M | 764.3M | 750.8M | 676.8M | |
| Ebit | 41.6M | 22.0M | (99.2M) | 1.1B | 61.7M | 58.6M | |
| Ebitda | 41.8M | 27.0M | (94.5M) | 1.1B | 61.2M | 58.1M | |
| Total Operating Expenses | (865.9M) | (661.3M) | (973.8M) | (550.1M) | 556.8M | 584.6M | |
| Total Other Income Expense Net | 10.6M | (644.1M) | (108.1M) | (962.4M) | 25.7M | 27.0M | |
| Net Income From Continuing Ops | 38.3M | 4.8M | (172.8M) | 31.0M | 60.2M | 63.2M | |
| Tax Provision | 13.5M | 7.1M | (23.2M) | 18.4M | 28.0M | 29.4M | |
| Non Recurring | 9.0M | 11.6M | 10.6M | 10.0M | 11.5M | 10.4M | |
| Net Interest Income | (10.6M) | (10.0M) | (8.9M) | (17.6M) | (27.2M) | (25.8M) | |
| Reconciled Depreciation | 4.2M | 4.1M | 5.0M | 363K | 326.7K | 310.4K |
Pair Trading with James River
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 James River 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 James River will appreciate offsetting losses from the drop in the long position's value.Moving against James Stock
| 0.79 | ITIC | Investors Title | PairCorr |
| 0.77 | MBI | MBIA Inc | PairCorr |
| 0.66 | AGO | Assured Guaranty | PairCorr |
| 0.66 | AXS | AXIS Capital Holdings | PairCorr |
| 0.66 | HIPO | Hippo Holdings Upward Rally | PairCorr |
The ability to find closely correlated positions to James River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace James River 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 James River - 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 James River Group to buy it.
The correlation of James River 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 James River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if James River Group 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 James River 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 James Stock Analysis
When running James River's price analysis, check to measure James River'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 James River is operating at the current time. Most of James River's value examination focuses on studying past and present price action to predict the probability of James River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move James River's price. Additionally, you may evaluate how the addition of James River to your portfolios can decrease your overall portfolio volatility.