Limoneira Historical Income Statement

LMNR Stock

USD 27.33 0.16 0.58%

Historical analysis of Limoneira income statement accounts such as Total Revenue of 122.3 M can show how well Limoneira Co performed in making a profits. Evaluating Limoneira income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Limoneira's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Limoneira 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 Limoneira is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Limoneira Co. 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.

About Limoneira Income Statement Analysis

Limoneira 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 Limoneira shareholders. The income statement also shows Limoneira 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).

Limoneira Income Statement Chart

At this time, Limoneira's Net Income From Continuing Ops is relatively stable compared to the past year. As of 11/26/2024, Non Recurring is likely to grow to about 1.9 M, while Interest Expense is likely to drop slightly above 539.7 K.

Selling General Administrative Other Operating Expenses Ebit Interest Income

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Limoneira. It is also known as Limoneira 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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most accounts from Limoneira's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Limoneira 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 Limoneira Co. 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.

	2021	2022	2023	2024 (projected)
Interest Expense	2.3M	494K	568.1K	539.7K
Depreciation And Amortization	10.2M	9.4M	10.9M	5.7M

Interest Expense Depreciation And Amortization

Limoneira income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.28	0.72	0.76	-0.37	0.74	-0.22	-0.14	0.22	0.76	-0.1	-0.22	-0.17	-0.14	-0.28	-0.14	0.56	-0.4	-0.71	-0.36	-0.37	0.31	0.73	-0.14
Interest Expense	0.28		0.17	0.38	0.04	0.45	-0.59	-0.57	-0.47	0.36	0.58	-0.61	-0.53	-0.54	-0.49	-0.56	0.35	-0.22	-0.57	-0.51	0.2	-0.59	0.39	0.26
Selling General Administrative	0.72	0.17		0.96	-0.55	0.92	-0.21	-0.05	0.22	0.97	-0.27	-0.19	-0.1	-0.16	-0.14	-0.15	0.68	-0.51	-0.39	-0.24	-0.12	0.37	0.79	-0.24
Total Revenue	0.76	0.38	0.96		-0.42	0.99	-0.32	-0.18	0.1	0.99	-0.05	-0.28	-0.14	-0.24	-0.24	-0.23	0.68	-0.44	-0.5	-0.35	-0.07	0.18	0.83	-0.16
Gross Profit	-0.37	0.04	-0.55	-0.42		-0.47	0.37	0.19	-0.06	-0.52	0.49	0.4	0.28	0.45	0.1	0.46	-0.58	0.65	0.36	0.1	0.17	-0.52	-0.69	0.5
Other Operating Expenses	0.74	0.45	0.92	0.99	-0.47		-0.47	-0.33	-0.03	0.99	0.05	-0.43	-0.24	-0.38	-0.33	-0.37	0.7	-0.48	-0.59	-0.44	-0.07	0.1	0.88	-0.13
Operating Income	-0.22	-0.59	-0.21	-0.32	0.37	-0.47		0.92	0.8	-0.37	-0.63	0.97	0.67	0.91	0.68	0.9	-0.31	0.33	0.71	0.68	0.02	0.49	-0.53	-0.27
Ebit	-0.14	-0.57	-0.05	-0.18	0.19	-0.33	0.92		0.91	-0.22	-0.71	0.92	0.6	0.82	0.74	0.8	-0.09	0.18	0.71	0.74	-0.09	0.56	-0.3	-0.37
Ebitda	0.22	-0.47	0.22	0.1	-0.06	-0.03	0.8	0.91		0.07	-0.8	0.79	0.52	0.72	0.61	0.7	0.19	-0.03	0.41	0.58	-0.22	0.73	0.06	-0.6
Cost Of Revenue	0.76	0.36	0.97	0.99	-0.52	0.99	-0.37	-0.22	0.07		-0.09	-0.34	-0.18	-0.31	-0.25	-0.29	0.7	-0.49	-0.52	-0.35	-0.09	0.22	0.86	-0.17
Total Operating Expenses	-0.1	0.58	-0.27	-0.05	0.49	0.05	-0.63	-0.71	-0.8	-0.09		-0.58	-0.38	-0.49	-0.53	-0.47	-0.22	0.23	-0.36	-0.52	0.13	-0.9	-0.09	0.67
Income Before Tax	-0.22	-0.61	-0.19	-0.28	0.4	-0.43	0.97	0.92	0.79	-0.34	-0.58		0.8	0.94	0.7	0.94	-0.3	0.47	0.76	0.68	-0.08	0.47	-0.5	-0.25
Total Other Income Expense Net	-0.17	-0.53	-0.1	-0.14	0.28	-0.24	0.67	0.6	0.52	-0.18	-0.38	0.8		0.75	0.57	0.76	-0.26	0.74	0.66	0.52	-0.14	0.43	-0.35	-0.21
Net Income	-0.14	-0.54	-0.16	-0.24	0.45	-0.38	0.91	0.82	0.72	-0.31	-0.49	0.94	0.75		0.41	1.0	-0.17	0.49	0.63	0.4	-0.13	0.46	-0.46	-0.21
Income Tax Expense	-0.28	-0.49	-0.14	-0.24	0.1	-0.33	0.68	0.74	0.61	-0.25	-0.53	0.7	0.57	0.41		0.41	-0.43	0.2	0.72	0.99	0.07	0.3	-0.36	-0.24
Net Income From Continuing Ops	-0.14	-0.56	-0.15	-0.23	0.46	-0.37	0.9	0.8	0.7	-0.29	-0.47	0.94	0.76	1.0	0.41		-0.19	0.49	0.62	0.39	-0.13	0.45	-0.46	-0.21
Non Recurring	0.56	0.35	0.68	0.68	-0.58	0.7	-0.31	-0.09	0.19	0.7	-0.22	-0.3	-0.26	-0.17	-0.43	-0.19		-0.47	-0.45	-0.47	-0.2	0.35	0.85	-0.44
Non Operating Income Net Other	-0.4	-0.22	-0.51	-0.44	0.65	-0.48	0.33	0.18	-0.03	-0.49	0.23	0.47	0.74	0.49	0.2	0.49	-0.47		0.52	0.2	-0.05	-0.14	-0.61	0.31
Minority Interest	-0.71	-0.57	-0.39	-0.5	0.36	-0.59	0.71	0.71	0.41	-0.52	-0.36	0.76	0.66	0.63	0.72	0.62	-0.45	0.52		0.75	0.08	0.15	-0.65	-0.06
Tax Provision	-0.36	-0.51	-0.24	-0.35	0.1	-0.44	0.68	0.74	0.58	-0.35	-0.52	0.68	0.52	0.4	0.99	0.39	-0.47	0.2	0.75		0.07	0.27	-0.43	-0.2
Interest Income	-0.37	0.2	-0.12	-0.07	0.17	-0.07	0.02	-0.09	-0.22	-0.09	0.13	-0.08	-0.14	-0.13	0.07	-0.13	-0.2	-0.05	0.08	0.07		-0.29	-0.22	0.1
Net Interest Income	0.31	-0.59	0.37	0.18	-0.52	0.1	0.49	0.56	0.73	0.22	-0.9	0.47	0.43	0.46	0.3	0.45	0.35	-0.14	0.15	0.27	-0.29		0.24	-0.64
Reconciled Depreciation	0.73	0.39	0.79	0.83	-0.69	0.88	-0.53	-0.3	0.06	0.86	-0.09	-0.5	-0.35	-0.46	-0.36	-0.46	0.85	-0.61	-0.65	-0.43	-0.22	0.24		-0.42
Extraordinary Items	-0.14	0.26	-0.24	-0.16	0.5	-0.13	-0.27	-0.37	-0.6	-0.17	0.67	-0.25	-0.21	-0.21	-0.24	-0.21	-0.44	0.31	-0.06	-0.2	0.1	-0.64	-0.42

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Limoneira Account Relationship Matchups

Limoneira income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	10.6M	10.3M	10.2M	9.4M	10.9M	5.7M
Interest Expense	2.0M	1.5M	2.3M	494K	568.1K	539.7K
Selling General Administrative	21.3M	19.4M	21.8M	26.5M	30.4M	16.4M
Total Revenue	164.6M	166.0M	184.6M	179.9M	206.9M	122.3M
Gross Profit	2.8M	13.2M	19.5M	6.1M	5.5M	5.2M
Other Operating Expenses	183.1M	172.3M	186.9M	169.1M	194.5M	119.0M
Operating Income	(18.5M)	(6.2M)	(2.3M)	10.8M	9.7M	10.2M
Ebit	(24.4M)	(2.7M)	2.6M	13.9M	12.5M	13.1M
Ebitda	(13.8M)	7.7M	12.9M	23.3M	26.8M	28.1M
Cost Of Revenue	161.8M	152.8M	165.1M	173.8M	199.8M	104.4M
Total Operating Expenses	21.3M	19.4M	21.8M	(4.7M)	(5.4M)	(5.1M)
Income Before Tax	(26.4M)	(4.2M)	349K	13.4M	12.0M	12.6M
Total Other Income Expense Net	(7.4M)	2.2M	(1.9M)	2.6M	3.0M	3.1M
Net Income Applicable To Common Shares	(6.4M)	(16.9M)	(3.9M)	(737K)	(663.3K)	(630.1K)
Net Income	(17.9M)	(3.9M)	(474K)	9.4M	8.5M	8.9M
Income Tax Expense	(8.5M)	(266K)	823K	4.2M	3.8M	4.0M
Net Income From Continuing Ops	(17.9M)	(3.9M)	(474K)	9.1M	8.2M	8.6M
Non Operating Income Net Other	1.1M	(5.4M)	3.7M	(1.9M)	(1.7M)	(1.6M)
Minority Interest	(1.5M)	(456K)	(238K)	283K	254.7K	267.4K
Tax Provision	(8.5M)	(266K)	823K	4.2M	3.8M	4.0M
Interest Income	362K	379K	53K	364K	327.6K	403.7K
Reconciled Depreciation	10.1M	9.8M	9.8M	8.6M	9.9M	9.5M

Pair Trading with Limoneira

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 Limoneira 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 Limoneira will appreciate offsetting losses from the drop in the long position's value.

Moving together with Limoneira Stock

0.81	K	Kellanova Sell-off Trend	Pair Corr
0.62	LW	Lamb Weston Holdings Sell-off Trend	Pair Corr

Moving against Limoneira Stock

0.73	FARM	Farmer Bros	Pair Corr
0.66	EDBL	Edible Garden AG	Pair Corr
0.64	DDC	DDC Enterprise	Pair Corr
0.5	FMX	Fomento Economico	Pair Corr
0.48	WEST	Westrock Coffee	Pair Corr

The ability to find closely correlated positions to Limoneira could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Limoneira 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 Limoneira - 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 Limoneira Co to buy it.

The correlation of Limoneira 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 Limoneira moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Limoneira 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 Limoneira 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.

Pair Correlation Correlation Matching

Additional Tools for Limoneira Stock Analysis

When running Limoneira's price analysis, check to measure Limoneira'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 Limoneira is operating at the current time. Most of Limoneira's value examination focuses on studying past and present price action to predict the probability of Limoneira's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Limoneira's price. Additionally, you may evaluate how the addition of Limoneira to your portfolios can decrease your overall portfolio volatility.

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Limoneira Historical Income Statement

About Limoneira Income Statement Analysis

Limoneira Income Statement Chart

Other Operating Expenses

Interest Income

Limoneira income statement Correlations

Limoneira Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Limoneira income statement Accounts

Pair Trading with Limoneira

Moving together with Limoneira Stock

Moving against Limoneira Stock

Additional Tools for Limoneira Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income From Continuing Ops	+ 1.0	Net Income
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Tax Provision	+ 0.99	Income Tax Expense
Cost Of Revenue	+ 0.97	Selling General Administrative

Net Interest Income	- 0.9	Total Operating Expenses
Total Operating Expenses	- 0.8	Ebitda
Total Operating Expenses	- 0.71	Ebit
Minority Interest	- 0.71	Depreciation And Amortization
Reconciled Depreciation	- 0.69	Gross Profit
Reconciled Depreciation	- 0.65	Minority Interest