NextTrip Historical Income Statement
| NTRP Stock | USD 1.76 0.16 10.00% |
Historical analysis of NextTrip income statement accounts such as Depreciation And Amortization of 140.3 K can show how well NextTrip performed in making a profits. Evaluating NextTrip income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NextTrip's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining NextTrip 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 NextTrip is a good buy for the upcoming year.
NextTrip |
About NextTrip Income Statement Analysis
NextTrip 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 NextTrip shareholders. The income statement also shows NextTrip 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).
NextTrip Income Statement Chart
Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NextTrip. It is also known as NextTrip 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.Operating Income
Operating Income is the amount of profit realized from NextTrip 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 NextTrip 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.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.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most accounts from NextTrip's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NextTrip 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 NextTrip. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in NextTrip Stock, please use our How to Invest in NextTrip guide.At this time, NextTrip's Selling And Marketing Expenses is relatively stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 11.3K | 7.3K | 48.6K | 51.1K | Interest Income | 13.9K | 3.5K | 3.1K | 3.0K |
NextTrip income statement Correlations
Click cells to compare fundamentals
NextTrip Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NextTrip income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Selling General Administrative | 11.0M | 4.3M | 7.0M | 7.2M | 3.6M | 6.5M | |
| Other Operating Expenses | 15.5M | 6.4M | 10.1M | 9.3M | 10.7M | 10.6M | |
| Operating Income | (15.5M) | (5.7M) | (8.5M) | (8.7M) | (7.2M) | (7.6M) | |
| Ebitda | (15.1M) | (5.1M) | (7.3M) | (8.6M) | (7.7M) | (8.1M) | |
| Total Operating Expenses | 15.5M | 5.8M | 9.6M | 9.0M | 7.7M | 10.3M | |
| Income Before Tax | (15.1M) | (5.2M) | (7.4M) | (8.7M) | (6.7M) | (7.0M) | |
| Net Income | (15.1M) | (5.2M) | (7.4M) | (8.7M) | (7.3M) | (7.7M) | |
| Depreciation And Amortization | 4.4K | 105.2K | 94.1K | 116.2K | 133.6K | 140.3K | |
| Ebit | (15.1M) | (5.2M) | (7.4M) | (8.7M) | (10.0M) | (10.5M) | |
| Research Development | 4.5M | 351.4K | 890.6K | 653.2K | 311.4K | 295.9K | |
| Total Other Income Expense Net | 378.7K | 359.8K | 1.1M | (16.2K) | 638.8K | 670.7K | |
| Income Tax Expense | 378.7K | 375.6K | 1.1M | 7.3K | 8.4K | 8.0K |
Pair Trading with NextTrip
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 NextTrip 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 NextTrip will appreciate offsetting losses from the drop in the long position's value.Moving together with NextTrip Stock
Moving against NextTrip Stock
| 0.87 | FI | Fiserv, | PairCorr |
| 0.83 | S | SentinelOne | PairCorr |
| 0.79 | ANY | Sphere 3D Corp | PairCorr |
| 0.77 | CLSK | CleanSpark Earnings Call This Week | PairCorr |
| 0.76 | BL | Blackline | PairCorr |
The ability to find closely correlated positions to NextTrip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NextTrip 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 NextTrip - 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 NextTrip to buy it.
The correlation of NextTrip 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 NextTrip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NextTrip 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 NextTrip 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 NextTrip Stock Analysis
When running NextTrip's price analysis, check to measure NextTrip'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 NextTrip is operating at the current time. Most of NextTrip's value examination focuses on studying past and present price action to predict the probability of NextTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextTrip's price. Additionally, you may evaluate how the addition of NextTrip to your portfolios can decrease your overall portfolio volatility.