New Historical Income Statement
NEWP Stock | USD 1.57 0.02 1.26% |
Historical analysis of New Pacific income statement accounts such as Research Development of 43.4 M can show how well New Pacific Metals performed in making a profits. Evaluating New Pacific income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of New Pacific's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining New Pacific 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 Pacific Metals is a good buy for the upcoming year.
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About New Income Statement Analysis
New Pacific 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 Pacific 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 Pacific 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 Pacific Metals. It is also known as New Pacific 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 New Pacific's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into New Pacific 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 Pacific 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 housing. At this time, New Pacific's Depreciation And Amortization is relatively stable compared to the past year. As of 11/26/2024, Other Operating Expenses is likely to grow to about 8.3 M, though Gross Profit is likely to grow to (198.7 K).
2020 | 2021 | 2022 | 2023 (projected) | Other Operating Expenses | 5.9M | 6.8M | 8.3M | 7.1M | Depreciation And Amortization | 44K | 174.0K | 213.5K | 211.2K |
New Pacific income statement Correlations
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New Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
New Pacific income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 31.1K | 22.0K | 148.6K | 152.1K | 136.9K | 130.1K | |
Selling General Administrative | 4.3M | 5.1M | 6.0M | 7.0M | 6.6M | 6.2M | |
Gross Profit | (11.8K) | (44K) | (174.0K) | (213.5K) | (209.1K) | (198.7K) | |
Operating Income | (14.8M) | (5.2M) | (6.9M) | (9.8K) | (8.1M) | (7.7M) | |
Cost Of Revenue | 11.8K | 44K | 174.0K | 213.5K | 209.1K | 198.7K | |
Income Before Tax | 5.8M | (6.6M) | (6.5M) | (8.1M) | (7.8M) | (7.4M) | |
Net Income Applicable To Common Shares | 7.9M | (6.6M) | (6.4M) | (8.1M) | (7.3M) | (6.9M) | |
Net Income | 16.1M | (7.2M) | (5.8M) | (8.1M) | (7.8M) | (7.4M) | |
Income Tax Expense | (1.1M) | (10.3M) | 620.1K | (662.2K) | (6.2) | 1.2M | |
Depreciation And Amortization | 9.1K | 11.8K | 44K | 174.0K | 213.5K | 211.2K | |
Other Operating Expenses | 2.5M | 4.5M | 5.9M | 6.8M | 8.3M | 7.1M | |
Ebit | (3.0M) | (14.8M) | (5.2M) | (6.9M) | (8.0M) | (6.0M) | |
Ebitda | (3.0M) | (14.8M) | (5.1M) | (6.8M) | (7.8M) | (5.8M) | |
Total Operating Expenses | 4.5M | 5.9M | 6.6M | 8.0M | 8.1M | 8.5M | |
Total Other Income Expense Net | 20.6M | (1.4M) | 459.4K | (214.2K) | 44.2K | 46.4K | |
Net Income From Continuing Ops | 7.9M | (6.6M) | (6.5M) | (8.1M) | (7.8M) | (7.4M) | |
Minority Interest | (49.5K) | (3.6K) | 50.8K | 4.7K | 4.8K | 7.3K | |
Net Interest Income | 30.0K | 148.6K | 152.1K | 370.1K | 260.6K | 221.7K | |
Interest Income | 30.0K | 148.6K | 152.1K | 370.1K | 260.6K | 221.7K | |
Reconciled Depreciation | 16.1K | 44K | 174.0K | 213.5K | 209.1K | 116.4K |
Pair Trading with New Pacific
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 New Pacific 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 New Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with New Stock
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Moving against New Stock
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The ability to find closely correlated positions to New Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Pacific 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 New Pacific - 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 New Pacific Metals to buy it.
The correlation of New Pacific 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 New Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Pacific Metals 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 New Pacific 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 New Stock Analysis
When running New Pacific's price analysis, check to measure New Pacific'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 Pacific is operating at the current time. Most of New Pacific's value examination focuses on studying past and present price action to predict the probability of New Pacific'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 Pacific's price. Additionally, you may evaluate how the addition of New Pacific to your portfolios can decrease your overall portfolio volatility.