Portman Historical Income Statement
| PTMN Stock | USD 17.03 0.06 0.35% |
Historical analysis of Portman Ridge income statement accounts such as Operating Income of 56.8 M, Ebit of 43.2 M, EBITDA of 19.2 M or Total Operating Expenses of 4.1 M can show how well Portman Ridge Finance performed in making a profits. Evaluating Portman Ridge income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Portman Ridge's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Portman Ridge Finance 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 Portman Ridge Finance is a good buy for the upcoming year.
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About Portman Income Statement Analysis
Portman Ridge Finance 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 Portman Ridge shareholders. The income statement also shows Portman 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).
Portman Ridge Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Portman Ridge Finance 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Portman Ridge Finance. It is also known as Portman Ridge 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.Most accounts from Portman Ridge's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Portman Ridge Finance 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 Portman Ridge Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Portman Ridge's Depreciation And Amortization is very stable compared to the past year. As of the 22nd of November 2024, Income Before Tax is likely to grow to about 11.5 M, while Other Operating Expenses is likely to drop about 4.1 M.
Portman Ridge income statement Correlations
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Portman Ridge Account Relationship Matchups
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Portman Ridge income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 8.3M | 10.3M | 13.6M | 17.7M | 25.3M | 26.6M | |
| Total Revenue | 606.9K | 37.5M | 38.8M | 54.2M | 58.4M | 61.3M | |
| Gross Profit | (3.6M) | 37.5M | 38.8M | 36.4M | 58.4M | 61.3M | |
| Other Operating Expenses | 13.1M | 5.9M | 11.3M | 40.7M | 4.3M | 4.1M | |
| Operating Income | (12.5M) | 31.6M | 27.5M | 28.9M | 54.1M | 56.8M | |
| Ebit | (12.5M) | 31.6M | 27.5M | 5.9M | 41.1M | 43.2M | |
| Ebitda | (12.7M) | 31.6M | 35.9M | 46.8M | 36.7M | 19.2M | |
| Total Operating Expenses | 13.1M | 5.9M | 11.3M | 8.5M | 4.3M | 4.1M | |
| Net Income | (12.5M) | 31.6M | 26.0M | (21.0M) | 11.4M | 12.0M | |
| Income Tax Expense | (10.8M) | (322.0) | 1.4M | 786K | (414K) | (434.7K) | |
| Selling General Administrative | 8.3M | 6.6M | 9.4M | 8.5M | 4.3M | 4.1M | |
| Income Before Tax | (12.5M) | 31.6M | 27.5M | (20.2M) | 11.0M | 11.5M | |
| Total Other Income Expense Net | (10.8M) | (10.3M) | (13.6M) | (52.5M) | (43.1M) | (40.9M) | |
| Cost Of Revenue | 4.2M | 10.8M | 18.2M | 17.8M | (45.7M) | (43.4M) | |
| Interest Income | 14.5M | 28.2M | 63.0M | 54.2M | 59.9M | 38.3M | |
| Net Income Applicable To Common Shares | (12.5M) | 31.6M | 26.0M | (21.0M) | (24.1M) | (22.9M) | |
| Net Interest Income | 6.2M | 17.9M | (13.6M) | 36.5M | 35.1M | 36.9M | |
| Net Income From Continuing Ops | (12.5M) | 31.6M | 26.0M | (20.2M) | (8.0M) | (7.6M) |
Pair Trading with Portman Ridge
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 Portman Ridge 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 Portman Ridge will appreciate offsetting losses from the drop in the long position's value.Moving against Portman Stock
| 0.72 | DIST | Distoken Acquisition | PairCorr |
| 0.72 | PX | P10 Inc | PairCorr |
| 0.62 | V | Visa Class A | PairCorr |
| 0.6 | DHIL | Diamond Hill Investment | PairCorr |
| 0.57 | BX | Blackstone Group Normal Trading | PairCorr |
The ability to find closely correlated positions to Portman Ridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Portman Ridge 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 Portman Ridge - 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 Portman Ridge Finance to buy it.
The correlation of Portman Ridge 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 Portman Ridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Portman Ridge Finance 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 Portman Ridge 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portman Ridge Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Portman Ridge. If investors know Portman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Portman Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 82.399 | Dividend Share 2.76 | Earnings Share 0.37 | Revenue Per Share 7.055 | Quarterly Revenue Growth (0.18) |
The market value of Portman Ridge Finance is measured differently than its book value, which is the value of Portman that is recorded on the company's balance sheet. Investors also form their own opinion of Portman Ridge's value that differs from its market value or its book value, called intrinsic value, which is Portman Ridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Portman Ridge's market value can be influenced by many factors that don't directly affect Portman Ridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Portman Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portman Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portman Ridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.