New Historical Income Statement
| NUAG Stock | CAD 2.23 0.02 0.89% |
Historical analysis of New Pacific income statement accounts such as Other Operating Expenses of 10 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.Cost Of Revenue
Cost of Revenue is found on New Pacific Metals income statement and represents the costs associated with goods and services New Pacific provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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.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 board of governors. At this time, New Pacific's Cost Of Revenue is very stable compared to the past year. As of the 1st of December 2024, Interest Income is likely to grow to about 433.7 K, though Operating Income is likely to grow to (7.7 M).
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) | ||
| Depreciation And Amortization | 16.1K | 56.4K | 220.3K | 286.0K | 328.9K | 345.4K | |
| Interest Expense | 1.2M | 1.3M | 395.5K | 152.1K | 174.9K | 178.3K | |
| Selling General Administrative | 4.3M | 5.1M | 6.0M | 7.0M | 6.6M | 6.9M | |
| Other Operating Expenses | 4.5M | 5.9M | 6.8M | 8.3M | 9.5M | 10.0M | |
| Operating Income | (14.8M) | (5.2M) | (6.9M) | (8.0M) | (8.1M) | (7.7M) | |
| Ebit | (14.8M) | (5.2M) | (7.0M) | (8.1M) | (7.3M) | (6.9M) | |
| Ebitda | (14.8M) | (5.1M) | (6.8M) | (7.8M) | (7.0M) | (6.7M) | |
| Total Operating Expenses | 4.5M | 5.9M | 6.6M | 8.0M | 8.1M | 8.5M | |
| Net Income | 16.1M | (7.2M) | (6.6M) | (8.1M) | (7.8M) | (7.4M) | |
| Income Tax Expense | (10.3M) | 620.1K | 152.1K | (160.6K) | (144.6K) | (151.8K) | |
| Gross Profit | (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) | |
| Total Other Income Expense Net | 20.6M | (1.4M) | 459.4K | (214.2K) | 44.2K | 46.4K | |
| Cost Of Revenue | 11.8K | 44K | 174.0K | 213.5K | 209.1K | 219.6K | |
| Interest Income | 624.4K | 148.6K | 152.1K | 370.1K | 260.6K | 433.7K | |
| Net Income Applicable To Common Shares | 7.9M | (6.6M) | (6.4M) | (8.1M) | (7.3M) | (6.9M) | |
| Net Interest Income | 30.0K | 148.6K | 152.1K | 370.1K | 260.6K | 235.5K | |
| Net Income From Continuing Ops | 7.9M | (6.6M) | (6.5M) | (8.1M) | (7.8M) | (7.4M) | |
| Reconciled Depreciation | 16.1K | 44K | 174.0K | 213.5K | 209.1K | 113.9K | |
| Minority Interest | (49.5K) | (3.6K) | 50.8K | 4.7K | 4.8K | 4.6K |
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
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.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 board of governors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.