MP Materials Historical Income Statement
| MP Stock | USD 21.07 0.23 1.10% |
Historical analysis of MP Materials income statement accounts such as Net Income Applicable To Common Shares of 349 M, Income Tax Expense of 12.5 M or Interest Income of 10.8 M can show how well MP Materials Corp performed in making a profits. Evaluating MP Materials income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MP Materials's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MP Materials 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 MP Materials Corp is a good buy for the upcoming year.
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About MP Materials Income Statement Analysis
MP Materials 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 MP Materials shareholders. The income statement also shows MP Materials 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).
MP Materials 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 MP Materials Corp. It is also known as MP Materials 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 Revenue
Total revenue comprises all receipts MP Materials 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 MP Materials Corp minus its cost of goods sold. It is profit before MP Materials 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 MP Materials' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MP Materials 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 MP Materials 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 american community survey. At this time, MP Materials' Research Development is relatively stable compared to the past year. As of 12/01/2024, EBITDA is likely to grow to about 139.4 M, while EBIT is likely to drop slightly above 36.4 M.
| 2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 26.8M | 56.6M | 59.4M | Interest Income | 8.9M | 10.2M | 10.8M |
MP Materials income statement Correlations
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MP Materials Account Relationship Matchups
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MP Materials income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 3.4M | 5.0M | 8.9M | 5.8M | 5.6M | 5.3M | |
| Other Operating Expenses | 81.0M | 102.4M | 164.8M | 199.7M | 231.2M | 143.2M | |
| Ebit | (3.3M) | (34.5M) | 169.1M | 346.9M | 38.3M | 36.4M | |
| Net Income Applicable To Common Shares | (6.8M) | (21.8M) | 135.0M | 289.0M | 332.4M | 349.0M |
Pair Trading with MP Materials
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 MP Materials 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 MP Materials will appreciate offsetting losses from the drop in the long position's value.Moving against MP Materials Stock
| 0.75 | BYU | BAIYU Holdings | PairCorr |
| 0.69 | ELBM | Electra Battery Materials | PairCorr |
| 0.39 | NB | NioCorp Developments | PairCorr |
The ability to find closely correlated positions to MP Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MP Materials 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 MP Materials - 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 MP Materials Corp to buy it.
The correlation of MP Materials 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 MP Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MP Materials 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 MP Materials 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 MP Materials Stock Analysis
When running MP Materials' price analysis, check to measure MP Materials' 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 MP Materials is operating at the current time. Most of MP Materials' value examination focuses on studying past and present price action to predict the probability of MP Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MP Materials' price. Additionally, you may evaluate how the addition of MP Materials to your portfolios can decrease your overall portfolio volatility.