Reitar Historical Income Statement
| RITR Stock | 4.15 0.03 0.73% |
Historical analysis of Reitar Logtech income statement accounts such as Total Revenue of 153.3 M, Gross Profit of 38.3 M, Operating Income of 18.2 M or Net Income From Continuing Ops of 13.7 M can show how well Reitar Logtech Holdings performed in making a profits. Evaluating Reitar Logtech income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Reitar Logtech's future profits or losses.
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About Reitar Income Statement Analysis
Reitar Logtech Holdings 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 Reitar Logtech shareholders. The income statement also shows Reitar 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).
Reitar Logtech Income Statement Chart
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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.Total Revenue
Total revenue comprises all receipts Reitar Logtech Holdings 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 Reitar Logtech Holdings minus its cost of goods sold. It is profit before Reitar Logtech 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 Reitar Logtech's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Reitar Logtech Holdings 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 Reitar Logtech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Reitar Logtech's Interest Income is relatively stable compared to the past year. As of 12/01/2024, Interest Expense is likely to grow to about 1.6 M, though Net Interest Income is likely to grow to (1.2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 167.3K | 220.2K | 1.5M | 1.6M | Interest Income | 3.7K | 9.0 | 235.3K | 247.1K |
Reitar Logtech income statement Correlations
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Reitar Logtech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Reitar Logtech
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 Reitar Logtech 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 Reitar Logtech will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Reitar Logtech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reitar Logtech 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 Reitar Logtech - 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 Reitar Logtech Holdings to buy it.
The correlation of Reitar Logtech 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 Reitar Logtech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reitar Logtech Holdings 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 Reitar Logtech 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 Reitar Stock Analysis
When running Reitar Logtech's price analysis, check to measure Reitar Logtech'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 Reitar Logtech is operating at the current time. Most of Reitar Logtech's value examination focuses on studying past and present price action to predict the probability of Reitar Logtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitar Logtech's price. Additionally, you may evaluate how the addition of Reitar Logtech to your portfolios can decrease your overall portfolio volatility.