Nuveen Historical Income Statement
NXP Stock | USD 14.56 0.12 0.82% |
Historical analysis of Nuveen Select income statement accounts such as Gross Profit of 14.6 M can show how well Nuveen Select Tax Free performed in making a profits. Evaluating Nuveen Select income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nuveen Select's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Nuveen Select Tax 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 Nuveen Select Tax is a good buy for the upcoming year.
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About Nuveen Income Statement Analysis
Nuveen Select Tax 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 Nuveen Select shareholders. The income statement also shows Nuveen 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).
Nuveen Select Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Nuveen Select Tax Free minus its cost of goods sold. It is profit before Nuveen Select 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nuveen Select Tax. It is also known as Nuveen Select 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.Most accounts from Nuveen Select's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nuveen Select Tax 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 Nuveen Select Tax Free. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Nuveen Select's Income Before Tax is relatively stable compared to the past year. As of 11/25/2024, Total Other Income Expense Net is likely to grow to about 2.9 M, though Net Loss is likely to grow to (255.8 K).
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 14.0M | 23.8M | 28.6M | 30.0M | Gross Profit | 15.0M | 25.5M | 24.6M | 14.6M |
Nuveen Select income statement Correlations
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Nuveen Select Account Relationship Matchups
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Nuveen Select income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Selling General Administrative | 157.1K | 155.0K | 204.4K | 350.3K | 1.6M | 1.6M | |
Total Revenue | 13.6M | 18.7M | (43.7M) | 77.2K | 30.2M | 31.7M | |
Gross Profit | 10.2M | 10.5M | 15.0M | 25.5M | 24.6M | 14.6M | |
Operating Income | 9.6M | 9.8M | 14.0M | 23.8M | 28.6M | 30.0M | |
Net Income From Continuing Ops | 13.4M | 18.5M | (44.1M) | (299.2K) | 31.4M | 33.0M | |
Ebit | 3.7M | 18.5M | (44.1M) | (303.6K) | 60.0M | 63.0M | |
Cost Of Revenue | 3.3M | 8.2M | (58.7M) | (25.4M) | 5.6M | 5.9M | |
Total Operating Expenses | 166.4K | 163.5K | 213.8K | 376.4K | 1.6M | 2.6M | |
Income Before Tax | 13.4M | 18.5M | (44.1M) | (299.2K) | 31.4M | 33.0M | |
Total Other Income Expense Net | 3.9M | 8.7M | (161.5M) | (25.7M) | 2.8M | 2.9M | |
Net Income Applicable To Common Shares | 13.4M | 18.5M | (44.1M) | (299.2K) | (269.3K) | (255.8K) | |
Net Income | 13.4M | 18.5M | (44.1M) | (299.2K) | 31.4M | 33.0M | |
Income Tax Expense | 3.9M | 8.7M | (58.1M) | (24.1M) | (167.9K) | (176.3K) | |
Depreciation And Amortization | 171.9K | (9.8M) | (14.0M) | (23.8M) | (28.6M) | (27.2M) | |
Other Operating Expenses | 3.2M | 8.0M | 59.1M | 25.8M | 1.6M | 1.5M | |
Ebitda | 3.9M | 8.7M | (58.1M) | (24.1M) | 31.4M | 33.0M | |
Interest Income | 3.9M | 8.7M | 57.9M | 3.9M | 30.2M | 16.6M |
Pair Trading with Nuveen Select
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 Nuveen Select 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 Nuveen Select will appreciate offsetting losses from the drop in the long position's value.Moving against Nuveen Stock
0.79 | LC | LendingClub Corp | PairCorr |
0.78 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
0.74 | DIST | Distoken Acquisition | PairCorr |
0.74 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
0.66 | V | Visa Class A | PairCorr |
The ability to find closely correlated positions to Nuveen Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuveen Select 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 Nuveen Select - 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 Nuveen Select Tax Free to buy it.
The correlation of Nuveen Select 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 Nuveen Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuveen Select Tax 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 Nuveen Select 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 Nuveen Stock Analysis
When running Nuveen Select's price analysis, check to measure Nuveen Select'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 Nuveen Select is operating at the current time. Most of Nuveen Select's value examination focuses on studying past and present price action to predict the probability of Nuveen Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuveen Select's price. Additionally, you may evaluate how the addition of Nuveen Select to your portfolios can decrease your overall portfolio volatility.