New Historical Income Statement
NAM Stock | CAD 0.10 0.01 9.09% |
Historical analysis of New Age income statement accounts such as Total Other Income Expense Net of 391.1 K can show how well New Age Metals performed in making a profits. Evaluating New Age income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of New Age's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining New Age Metals 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 New Age Metals is a good buy for the upcoming year.
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About New Income Statement Analysis
New Age Metals 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 New Age shareholders. The income statement also shows New 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).
New Age 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 New Age Metals. It is also known as New Age 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on New Age income statement and is an important metric when analyzing New Age Metals profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from New Age's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into New Age Metals 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 New Age Metals. 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, New Age's Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 1 M in 2024, whereas Operating Income is likely to drop (1.1 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 1.4M | 869.0K | 782.1K | 1.1M | Depreciation And Amortization | 38.6K | 57.9K | 66.6K | 34.6K |
New Age income statement Correlations
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New Age Account Relationship Matchups
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New Age income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 32.7K | 46.6K | 38.6K | 57.9K | 66.6K | 34.6K | |
Other Operating Expenses | 627.1K | 932.9K | 1.4M | 869.0K | 782.1K | 1.1M | |
Operating Income | (590.4K) | (828.7K) | (1.1M) | (723.2K) | (1.0M) | (1.1M) | |
Ebit | (590.4K) | (828.7K) | (1.1M) | (723.2K) | (831.7K) | (873.3K) | |
Ebitda | (557.7K) | (782.1K) | (1.0M) | (665.4K) | (765.2K) | (803.4K) | |
Total Operating Expenses | 594.4K | 886.3K | 1.4M | 811.1K | 1.0M | 1.0M | |
Income Before Tax | (631.5K) | (719.4K) | (1.2M) | (650.4K) | (657.7K) | (690.5K) | |
Total Other Income Expense Net | (7.9K) | 202.9K | 216.7K | 216.5K | 372.5K | 391.1K | |
Net Income | (631.5K) | (719.4K) | (1.2M) | (650.4K) | (657.7K) | (690.5K) | |
Income Tax Expense | 33.1K | 93.6K | 320.9K | 143.7K | 129.3K | 135.8K | |
Interest Expense | 8.5K | 6.6K | 3.5K | 15.6K | 13.2K | 7.5K | |
Selling General Administrative | 208.8K | 406.5K | 796.3K | 407.3K | 478.1K | 907.8K | |
Gross Profit | (32.7K) | (46.6K) | (38.6K) | (57.9K) | (52.0K) | (49.4K) | |
Net Income From Continuing Ops | (631.5K) | (719.4K) | (1.2M) | (650.4K) | (657.7K) | (690.5K) | |
Cost Of Revenue | 32.7K | 46.6K | 38.6K | 57.9K | 52.0K | 54.6K | |
Net Income Applicable To Common Shares | (631.5K) | (719.4K) | (1.2M) | (650.4K) | (748.0K) | (785.4K) | |
Selling And Marketing Expenses | 170.1K | 259.4K | 334.3K | 148.4K | 170.7K | 290.0K | |
Net Interest Income | 3.5K | 10.6K | 13.5K | 2.1K | (13.2K) | (12.5K) | |
Interest Income | 0.0 | 729.0 | 12.1K | 17.2K | 17.0K | 17.7K | |
Reconciled Depreciation | 32.7K | 46.6K | 38.6K | 57.9K | 52.0K | 32.4K |
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When running New Age's price analysis, check to measure New Age'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 New Age is operating at the current time. Most of New Age's value examination focuses on studying past and present price action to predict the probability of New Age's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Age's price. Additionally, you may evaluate how the addition of New Age to your portfolios can decrease your overall portfolio volatility.