Korver Historical Income Statement
| KOVR Stock | USD 0.0001 0.00 0.00% |
Historical analysis of Korver Corp income statement accounts such as Total Revenue of 778.2 K can show how well Korver Corp performed in making a profits. Evaluating Korver Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Korver Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Korver 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 Korver Corp is a good buy for the upcoming year.
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About Korver Income Statement Analysis
Korver 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 Korver Corp shareholders. The income statement also shows Korver 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).
Korver Corp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Korver 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 Korver Corp minus its cost of goods sold. It is profit before Korver Corp 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.Cost Of Revenue
Cost of Revenue is found on Korver Corp income statement and represents the costs associated with goods and services Korver Corp 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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Korver Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Korver 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korver 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 real. To learn how to invest in Korver Stock, please use our How to Invest in Korver Corp guide.At this time, Korver Corp's Total Revenue is relatively stable compared to the past year. As of 12/01/2024, Cost Of Revenue is likely to grow to about 624.2 K, while Gross Profit is likely to drop slightly above 49.3 K.
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 391.9K | 57.7K | 51.9K | 49.3K | Total Revenue | 1.2M | 729.4K | 656.5K | 778.2K |
Korver Corp income statement Correlations
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Korver Corp Account Relationship Matchups
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Pair Trading with Korver Corp
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 Korver Corp 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 Korver Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Korver Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korver Corp 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 Korver Corp - 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 Korver Corp to buy it.
The correlation of Korver Corp 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 Korver Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korver 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 Korver Corp 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 Korver Stock Analysis
When running Korver Corp's price analysis, check to measure Korver Corp'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 Korver Corp is operating at the current time. Most of Korver Corp's value examination focuses on studying past and present price action to predict the probability of Korver Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korver Corp's price. Additionally, you may evaluate how the addition of Korver Corp to your portfolios can decrease your overall portfolio volatility.