Pine Historical Income Statement

PNE Stock  CAD 0.91  0.01  1.09%   
Historical analysis of Pine Cliff income statement accounts such as Total Revenue of 185.1 M, Gross Profit of 15.3 M, Other Operating Expenses of 86.8 M or Operating Income of 6.4 M can show how well Pine Cliff Energy performed in making a profits. Evaluating Pine Cliff income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Pine Cliff's future profits or losses.
 
Housing Crash
 
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Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Pine Cliff Energy 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 Pine Cliff Energy is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pine Cliff Energy. 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.

About Pine Income Statement Analysis

Pine Cliff Energy 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 Pine Cliff shareholders. The income statement also shows Pine 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).

Pine Cliff Income Statement Chart

At this time, Pine Cliff's Income Before Tax is very stable compared to the past year. As of the 24th of November 2024, Net Income is likely to grow to about 9.6 M, while Depreciation And Amortization is likely to drop about 30.1 M.

Total Revenue

Total revenue comprises all receipts Pine Cliff Energy 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 Pine Cliff Energy minus its cost of goods sold. It is profit before Pine Cliff 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.
Most accounts from Pine Cliff's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Pine Cliff Energy 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pine Cliff Energy. 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, Pine Cliff's Income Before Tax is very stable compared to the past year. As of the 24th of November 2024, Net Income is likely to grow to about 9.6 M, while Depreciation And Amortization is likely to drop about 30.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit109.7M230.2M16.1M15.3M
Total Revenue167.7M310.0M176.3M185.1M

Pine Cliff income statement Correlations

0.80.81-0.910.660.490.950.17-0.210.320.530.81-0.24-0.45-0.220.03-0.29-0.010.230.570.33-0.24
0.80.68-0.680.330.390.71-0.05-0.42-0.010.10.87-0.42-0.43-0.35-0.06-0.380.290.070.78-0.07-0.09
0.810.68-0.810.730.710.890.150.040.450.380.890.02-0.27-0.050.22-0.110.070.40.310.4-0.39
-0.91-0.68-0.81-0.69-0.45-0.9-0.130.14-0.36-0.62-0.70.160.390.140.030.190.17-0.21-0.43-0.490.43
0.660.330.73-0.690.80.810.590.530.890.720.560.50.010.45-0.030.39-0.350.160.180.72-0.64
0.490.390.71-0.450.80.650.680.630.830.160.730.620.150.530.050.50.220.160.10.23-0.27
0.950.710.89-0.90.810.650.280.030.520.590.810.0-0.32-0.020.06-0.08-0.060.260.460.49-0.37
0.17-0.050.15-0.130.590.680.280.760.810.180.20.730.340.69-0.130.660.02-0.04-0.130.17-0.04
-0.21-0.420.040.140.530.630.030.760.850.15-0.070.990.570.91-0.110.91-0.12-0.1-0.420.32-0.28
0.32-0.010.45-0.360.890.830.520.810.850.50.320.820.30.76-0.10.72-0.250.03-0.10.56-0.49
0.530.10.38-0.620.720.160.590.180.150.50.080.1-0.160.13-0.10.07-0.830.080.180.91-0.74
0.810.870.89-0.70.560.730.810.2-0.070.320.08-0.08-0.31-0.130.16-0.170.390.30.510.01-0.1
-0.24-0.420.020.160.50.620.00.730.990.820.1-0.080.670.94-0.160.94-0.09-0.16-0.40.29-0.29
-0.45-0.43-0.270.390.010.15-0.320.340.570.3-0.16-0.310.670.73-0.380.720.01-0.41-0.23-0.04-0.15
-0.22-0.35-0.050.140.450.53-0.020.690.910.760.13-0.130.940.73-0.491.0-0.13-0.47-0.30.23-0.34
0.03-0.060.220.03-0.030.050.06-0.13-0.11-0.1-0.10.16-0.16-0.38-0.49-0.480.120.97-0.150.070.24
-0.29-0.38-0.110.190.390.5-0.080.660.910.720.07-0.170.940.721.0-0.48-0.1-0.48-0.330.19-0.31
-0.010.290.070.17-0.350.22-0.060.02-0.12-0.25-0.830.39-0.090.01-0.130.12-0.10.030.04-0.810.74
0.230.070.4-0.210.160.160.26-0.04-0.10.030.080.3-0.16-0.41-0.470.97-0.480.03-0.050.230.1
0.570.780.31-0.430.180.10.46-0.13-0.42-0.10.180.51-0.4-0.23-0.3-0.15-0.330.04-0.05-0.05-0.2
0.33-0.070.4-0.490.720.230.490.170.320.560.910.010.29-0.040.230.070.19-0.810.23-0.05-0.79
-0.24-0.09-0.390.43-0.64-0.27-0.37-0.04-0.28-0.49-0.74-0.1-0.29-0.15-0.340.24-0.310.740.1-0.2-0.79
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Pine Cliff Account Relationship Matchups

Pine Cliff income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization53.1M50.1M46.4M50.2M50.8M30.1M
Interest Expense5.3M5.3M5.0M2.5M756K718.2K
Selling General Administrative17.5M14.4M16.1M20.1M10.4M9.1M
Total Revenue105.0M107.3M167.7M310.0M176.3M185.1M
Gross Profit52.6M55.6M109.7M230.2M16.1M15.3M
Other Operating Expenses148.2M143.7M146.1M192.4M170.5M86.8M
Operating Income(42.1M)(36.4M)21.7M118.1M5.8M6.4M
Ebit(48.3M)(41.1M)16.3M111.9M5.8M6.1M
Ebitda4.8M9.0M62.7M162.1M56.6M59.4M
Cost Of Revenue52.4M51.7M58.0M79.8M160.1M168.2M
Total Operating Expenses95.7M92.1M88.0M112.6M10.4M9.8M
Income Before Tax(56.4M)(50.1M)30.8M122.6M2.6M2.7M
Total Other Income Expense Net(14.4M)(13.7M)9.1M4.5M(3.2M)(3.4M)
Net Income(62.8M)(55.4M)81.4M108.9M9.1M9.6M
Income Tax Expense6.4M5.3M(50.6M)13.6M(6.6M)(6.2M)
Net Income From Continuing Ops(56.4M)(50.1M)81.4M108.9M9.1M9.6M
Net Income Applicable To Common Shares(56.4M)(50.1M)81.4M108.9M125.3M131.5M
Interest Income5.3M5.3M5.0M2.0M2.2M3.5M
Net Interest Income(5.3M)(5.3M)(5.0M)(2.0M)1.5M1.5M
Reconciled Depreciation46.9M45.4M41.0M44.1M43.9M35.9M

Pair Trading with Pine Cliff

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 Pine Cliff 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 Pine Cliff will appreciate offsetting losses from the drop in the long position's value.

Moving against Pine Stock

  0.67FFH-PC Fairfax Fin HldPairCorr
  0.66ELF E L FinancialPairCorr
  0.58FFH Fairfax FinancialPairCorr
  0.45ENS-PA E Split CorpPairCorr
  0.44ENS E Split CorpPairCorr
The ability to find closely correlated positions to Pine Cliff could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pine Cliff 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 Pine Cliff - 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 Pine Cliff Energy to buy it.
The correlation of Pine Cliff 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 Pine Cliff moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pine Cliff Energy 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 Pine Cliff 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Pine Stock

Pine Cliff Energy 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 Pine Cliff shareholders. The income statement also shows Pine 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).