Larimar Historical Income Statement
| LRMR Stock | USD 6.33 0.31 4.67% |
Historical analysis of Larimar Therapeutics income statement accounts such as Research Development of 28.4 M can show how well Larimar Therapeutics performed in making a profits. Evaluating Larimar Therapeutics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Larimar Therapeutics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Larimar Therapeutics 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 Larimar Therapeutics is a good buy for the upcoming year.
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About Larimar Income Statement Analysis
Larimar Therapeutics 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 Larimar Therapeutics shareholders. The income statement also shows Larimar 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).
Larimar Therapeutics Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Larimar Therapeutics. It is also known as Larimar Therapeutics 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Larimar Therapeutics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Larimar Therapeutics 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 Larimar Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Larimar Stock, please use our How to Invest in Larimar Therapeutics guide.At this time, Larimar Therapeutics' Interest Expense is relatively stable compared to the past year. As of 12/01/2024, Research Development is likely to grow to about 28.4 M, while Other Operating Expenses is likely to drop slightly above 38.2 M.
| 2023 | 2024 (projected) | Depreciation And Amortization | 311K | 234.5K | Interest Income | 223.2K | 365.6K |
Larimar Therapeutics income statement Correlations
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Larimar Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Larimar Therapeutics income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.8M | 0.0 | 326K | 318K | 286.2K | 472.6K | |
| Selling General Administrative | 2.4M | 11.4M | 12.1M | 12.3M | 14.1M | 8.9M | |
| Other Operating Expenses | 23.2M | 42.8M | 50.5M | 36.5M | 41.8M | 38.2M | |
| Operating Income | (23.2M) | (42.8M) | (50.5M) | (36.5M) | (41.8M) | (43.8M) | |
| Ebit | (23.2M) | (42.8M) | (50.5M) | (36.5M) | (41.8M) | (43.8M) | |
| Research Development | 20.8M | 31.4M | 38.4M | 24.3M | 27.4M | 28.4M | |
| Ebitda | (23.1M) | (42.6M) | (50.1M) | (36.2M) | (41.4M) | (43.5M) | |
| Total Operating Expenses | 23.2M | 42.8M | 50.5M | 36.5M | 41.8M | 38.2M | |
| Income Before Tax | (23.1M) | (42.5M) | (50.6M) | (35.4M) | (36.9M) | (38.8M) | |
| Total Other Income Expense Net | 82K | 322K | (171K) | 1.2M | 4.8M | 5.0M | |
| Net Income | (23.1M) | (42.3M) | (50.3M) | (34.2M) | (36.9M) | (38.8M) | |
| Depreciation And Amortization | 78K | 155K | 326K | 318K | 311K | 234.5K | |
| Gross Profit | (78K) | (155K) | (326K) | (272K) | (311K) | (326.6K) | |
| Cost Of Revenue | 78K | 155K | 326K | 272K | 311K | 228.9K | |
| Net Income Applicable To Common Shares | (23.1M) | (42.5M) | (50.6M) | (35.4M) | (40.7M) | (42.7M) | |
| Income Tax Expense | (93.9K) | (155K) | (326K) | (1.2M) | (1.3M) | (1.4M) |
Pair Trading with Larimar Therapeutics
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 Larimar Therapeutics 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 Larimar Therapeutics will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Larimar Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Larimar Therapeutics 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 Larimar Therapeutics - 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 Larimar Therapeutics to buy it.
The correlation of Larimar Therapeutics 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 Larimar Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Larimar Therapeutics 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 Larimar Therapeutics 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 Larimar Stock Analysis
When running Larimar Therapeutics' price analysis, check to measure Larimar Therapeutics' 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 Larimar Therapeutics is operating at the current time. Most of Larimar Therapeutics' value examination focuses on studying past and present price action to predict the probability of Larimar Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Larimar Therapeutics' price. Additionally, you may evaluate how the addition of Larimar Therapeutics to your portfolios can decrease your overall portfolio volatility.