Northview Historical Income Statement
| NRR-UN Stock | 16.95 0.52 3.16% |
Historical analysis of Northview Residential income statement accounts such as Gross Profit of 216.7 M can show how well Northview Residential REIT performed in making a profits. Evaluating Northview Residential income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Northview Residential's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Northview Residential 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 Northview Residential is a good buy for the upcoming year.
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About Northview Income Statement Analysis
Northview Residential 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 Northview Residential shareholders. The income statement also shows Northview 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).
Northview Residential Income Statement Chart
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Total Revenue
Total revenue comprises all receipts Northview Residential 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 Northview Residential REIT minus its cost of goods sold. It is profit before Northview Residential 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.Operating Income
Operating Income is the amount of profit realized from Northview Residential operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Northview Residential REIT is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Northview Residential's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Northview Residential 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 Northview Residential REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Northview Residential's Net Income From Continuing Ops is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 5.1 M, whereas Net Interest Income is forecasted to decline to (82.4 M).
| 2020 | 2022 | 2023 | 2024 (projected) | Gross Profit | 185.4M | 191.6M | 224.3M | 216.7M | Total Revenue | 192.1M | 198.2M | 228.5M | 223.8M |
Northview Residential income statement Correlations
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Northview Residential Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Northview Residential
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 Northview Residential 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 Northview Residential will appreciate offsetting losses from the drop in the long position's value.Moving against Northview Stock
| 0.77 | TSLA | Tesla Inc CDR | PairCorr |
| 0.76 | TPX-B | Molson Coors Canada | PairCorr |
| 0.68 | ENS-PA | E Split Corp | PairCorr |
| 0.66 | AMZN | Amazon CDR | PairCorr |
| 0.66 | WMT | Walmart Inc CDR | PairCorr |
The ability to find closely correlated positions to Northview Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northview Residential 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 Northview Residential - 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 Northview Residential REIT to buy it.
The correlation of Northview Residential 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 Northview Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northview Residential 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 Northview Residential 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 Northview Stock
Northview Residential 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 Northview Residential shareholders. The income statement also shows Northview 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).