QXO, Historical Income Statement
| QXO Stock | 15.99 0.09 0.57% |
Historical analysis of QXO, income statement accounts such as Total Revenue of 50.2 M, Gross Profit of 19.3 M, Other Operating Expenses of 49.8 M or Operating Income of 1.8 M can show how well QXO, Inc performed in making a profits. Evaluating QXO, income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of QXO,'s future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining QXO, Inc 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 QXO, Inc is a good buy for the upcoming year.
QXO, |
About QXO, Income Statement Analysis
QXO, Inc 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 QXO, shareholders. The income statement also shows QXO, 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).
QXO, Income Statement Chart
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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.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 QXO, Inc 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 QXO, Inc minus its cost of goods sold. It is profit before QXO, 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 QXO,'s income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into QXO, Inc 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 QXO, Inc. 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, QXO,'s Depreciation And Amortization is very stable compared to the past year. As of the 21st of November 2024, Interest Expense is likely to grow to about 56.4 K, though Total Other Income Expense Net is likely to grow to (2.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 46.8K | 89.0K | 55.7K | 56.4K | Depreciation And Amortization | 1.4M | 1.8M | 1.1M | 1.5M |
QXO, income statement Correlations
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QXO, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with QXO,
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 QXO, 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 QXO, will appreciate offsetting losses from the drop in the long position's value.Moving together with QXO, Stock
Moving against QXO, Stock
The ability to find closely correlated positions to QXO, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QXO, 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 QXO, - 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 QXO, Inc to buy it.
The correlation of QXO, 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 QXO, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QXO, Inc 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 QXO, 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 QXO, Inc. 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. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Systems Software 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 QXO,. If investors know QXO, 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 QXO, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (12.27) | Revenue Per Share 86.401 | Quarterly Revenue Growth 0.097 | Return On Assets (0) | Return On Equity (0) |
The market value of QXO, Inc is measured differently than its book value, which is the value of QXO, that is recorded on the company's balance sheet. Investors also form their own opinion of QXO,'s value that differs from its market value or its book value, called intrinsic value, which is QXO,'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 QXO,'s market value can be influenced by many factors that don't directly affect QXO,'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 QXO,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if QXO, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QXO,'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.