Questerre Historical Income Statement
| QEC Stock | CAD 0.24 0.01 4.00% |
Historical analysis of Questerre Energy income statement accounts such as Gross Profit of 7.2 M, Other Operating Expenses of 24.9 M, Operating Income of 513 K or Ebit of 506.1 K can show how well Questerre Energy performed in making a profits. Evaluating Questerre Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Questerre Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Questerre 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 Questerre Energy is a good buy for the upcoming year.
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About Questerre Income Statement Analysis
Questerre 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 Questerre Energy shareholders. The income statement also shows Questerre 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).
Questerre Energy Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Questerre 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Questerre Energy. It is also known as Questerre Energy 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 Questerre Energy 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 Questerre Energy 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.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Questerre Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Questerre 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 Questerre 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, Questerre Energy's Net Income Applicable To Common Shares is very stable compared to the past year. Tax Provision is expected to grow at the current pace this year, while Depreciation And Amortization is likely to drop about 11.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 2.9M | 6.3M | 6.5M | 7.4M | Cost Of Revenue | 19.7M | 30.0M | 28.7M | 14.8M |
Questerre Energy income statement Correlations
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Questerre Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Questerre Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 13.1M | 9.4M | 6.1M | 9.9M | 12.6M | 11.1M | |
| Interest Expense | 748K | 619K | 433K | 156K | 179.4K | 300.4K | |
| Selling General Administrative | 4.8M | 3.0M | 2.9M | 6.3M | 5.1M | 4.9M | |
| Total Revenue | 32.8M | 21.9M | 30.4M | 51.8M | 35.7M | 21.9M | |
| Gross Profit | 5.1M | (758K) | 10.7M | 21.7M | 7.0M | 7.2M | |
| Other Operating Expenses | 32.6M | 25.7M | 22.6M | 36.4M | 35.2M | 24.9M | |
| Operating Income | 8.9M | (3.3M) | 8.5M | 15.2M | 540K | 513K | |
| Ebit | 65.3M | (117.0M) | (3.9M) | 15.4M | 482K | 506.1K | |
| Ebitda | 78.4M | (107.6M) | 2.2M | 25.3M | 13.1M | 13.8M | |
| Cost Of Revenue | 27.8M | 22.7M | 19.7M | 30.0M | 28.7M | 14.8M | |
| Total Operating Expenses | 4.8M | 3.0M | 2.9M | 6.3M | 6.5M | 7.4M | |
| Income Before Tax | 72.7M | (117.6M) | (4.3M) | 14.1M | (23.7M) | (22.5M) | |
| Total Other Income Expense Net | 72.5M | (114.4M) | (12.8M) | (11.2M) | (24.2M) | (23.0M) | |
| Net Income | 65.7M | (117.6M) | (4.3M) | 14.1M | (23.7M) | (22.5M) | |
| Income Tax Expense | 7.0M | (10K) | (7K) | (44K) | 1.2M | 1.3M | |
| Net Income From Continuing Ops | 65.7M | (117.6M) | (4.3M) | 14.1M | (23.7M) | (24.9M) | |
| Net Income Applicable To Common Shares | 65.7M | (117.6M) | (4.3M) | 14.1M | 16.2M | 17.0M | |
| Tax Provision | 6.1M | 7.0M | (10K) | (7K) | (44K) | 0.0 | |
| Interest Income | 238K | 503K | 247K | 2.4M | 1.6M | 1.1M | |
| Net Interest Income | (238K) | (116K) | 247K | 2.2M | 1.6M | 1.7M | |
| Reconciled Depreciation | 13.1M | 9.4M | 6.1M | 9.9M | 12.6M | 8.3M |
Pair Trading with Questerre Energy
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 Questerre Energy 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 Questerre Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Questerre Stock
The ability to find closely correlated positions to Questerre Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Questerre Energy 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 Questerre Energy - 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 Questerre Energy to buy it.
The correlation of Questerre Energy 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 Questerre Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Questerre 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 Questerre Energy 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.Other Information on Investing in Questerre Stock
Questerre 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 Questerre Energy shareholders. The income statement also shows Questerre 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).