Marimaca Historical Income Statement
| MARI Stock | CAD 4.84 0.03 0.62% |
Historical analysis of Marimaca Copper income statement accounts such as Other Operating Expenses of 6 M can show how well Marimaca Copper Corp performed in making a profits. Evaluating Marimaca Copper income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Marimaca Copper's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Marimaca Copper 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 Marimaca Copper Corp is a good buy for the upcoming year.
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About Marimaca Income Statement Analysis
Marimaca Copper 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 Marimaca Copper shareholders. The income statement also shows Marimaca 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).
Marimaca Copper 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 Marimaca Copper Corp. It is also known as Marimaca Copper 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.Cost Of Revenue
Cost of Revenue is found on Marimaca Copper Corp income statement and represents the costs associated with goods and services Marimaca Copper 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.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Marimaca Copper Corp whose combined shares represent less than 50% of the total outstanding shares issued by Marimaca Copper have a minority interest in Marimaca Copper.Most accounts from Marimaca Copper's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Marimaca Copper 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 Marimaca Copper 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 board of governors. At this time, Marimaca Copper's Interest Expense is very stable compared to the past year. As of the 26th of November 2024, Selling General Administrative is likely to grow to about 2.8 M, while Depreciation And Amortization is likely to drop about 51.3 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 245K | 2.0M | 597K | 567.2K | Cost Of Revenue | 48K | 46K | 54K | 51.3K |
Marimaca Copper income statement Correlations
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Marimaca Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marimaca Copper income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 234K | 153K | 48K | 46K | 54K | 51.3K | |
| Interest Expense | 3.2M | 2.5M | 442K | 2.0M | 2.3M | 2.4M | |
| Selling General Administrative | 2.1M | 4.3M | 10.8M | 6.8M | 1.6M | 2.8M | |
| Other Operating Expenses | 10.6M | 8.3M | 17.2M | 6.8M | 7.7M | 6.0M | |
| Operating Income | (10.6M) | (8.3M) | (17.2M) | (6.8M) | (5.9M) | (6.2M) | |
| Ebit | (11.6M) | (8.2M) | (17.2M) | (8.6M) | (5.9M) | (5.6M) | |
| Ebitda | (11.3M) | (8.1M) | (17.2M) | (8.5M) | (5.8M) | (5.5M) | |
| Total Operating Expenses | 10.4M | 8.2M | 17.2M | 6.8M | 7.7M | 5.8M | |
| Income Before Tax | (14.5M) | 2.0M | (17.5M) | (4.8M) | (7.1M) | (7.5M) | |
| Total Other Income Expense Net | (3.9M) | 10.3M | (245K) | 2.0M | (1.2M) | (1.3M) | |
| Net Income | (16.7M) | (558K) | (19.2M) | 1.6M | (7.1M) | (7.5M) | |
| Income Tax Expense | 2.2M | 2.6M | 1.8M | (6.4M) | (7.4M) | (7.0M) | |
| Gross Profit | (234K) | (153K) | (48K) | (46K) | (54K) | (56.7K) | |
| Cost Of Revenue | 234K | 153K | 48K | 46K | 54K | 51.3K | |
| Interest Income | 3.0M | 2.4M | 245K | 2.0M | 597K | 567.2K | |
| Net Income Applicable To Common Shares | (14.5M) | 2.0M | (18.8M) | (2.2M) | (1.9M) | (2.0M) | |
| Net Interest Income | (3.2M) | (2.5M) | (442K) | 217K | 597K | 626.9K | |
| Net Income From Continuing Ops | (14.5M) | 2.0M | (17.5M) | (4.8M) | (7.1M) | (7.5M) | |
| Reconciled Depreciation | 234K | 153K | 48K | 46K | 54K | 70.4K |
Pair Trading with Marimaca Copper
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 Marimaca Copper 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 Marimaca Copper will appreciate offsetting losses from the drop in the long position's value.Moving together with Marimaca Stock
Moving against Marimaca Stock
The ability to find closely correlated positions to Marimaca Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marimaca Copper 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 Marimaca Copper - 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 Marimaca Copper Corp to buy it.
The correlation of Marimaca Copper 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 Marimaca Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marimaca Copper 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 Marimaca Copper 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.Other Information on Investing in Marimaca Stock
Marimaca Copper 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 Marimaca Copper shareholders. The income statement also shows Marimaca 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).