Riverside Historical Income Statement

RRI Stock  CAD 0.14  0.00  0.00%   
Historical analysis of Riverside Resources income statement accounts such as Income Tax Expense of 3.42, Selling General Administrative of 950 K, Research Development of 7.8 K or Selling And Marketing Expenses of 699.3 K can show how well Riverside Resources performed in making a profits. Evaluating Riverside Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Riverside Resources's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Riverside Resources 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 Riverside Resources 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 Riverside Resources. 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 Riverside Income Statement Analysis

Riverside Resources 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 Riverside Resources shareholders. The income statement also shows Riverside 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).

Riverside Resources Income Statement Chart

At this time, Riverside Resources' Total Other Income Expense Net is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 950 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 1 M in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Riverside Resources. It is also known as Riverside Resources 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 Riverside Resources 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 Riverside Resources 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.

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 Riverside Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Riverside Resources 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 Riverside Resources. 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, Riverside Resources' Total Other Income Expense Net is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 950 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 1 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.3M1.2M1.1M1.0M
Depreciation And Amortization63.2K54.8K63.0K43.5K

Riverside Resources income statement Correlations

0.55-0.620.00.010.490.00.080.00.10.25-0.490.14-0.230.220.210.190.190.62
0.55-0.570.140.160.99-0.49-0.4-0.490.330.82-0.09-0.45-0.610.62-0.25-0.33-0.33-0.04
-0.62-0.570.40.39-0.540.03-0.070.030.27-0.450.00.220.43-0.42-0.06-0.07-0.07-0.44
0.00.140.41.00.19-0.68-0.71-0.680.980.08-0.06-0.2-0.290.29-0.62-0.07-0.07-0.43
0.010.160.391.00.2-0.68-0.7-0.680.980.09-0.07-0.19-0.290.29-0.62-0.07-0.07-0.42
0.490.99-0.540.190.2-0.55-0.47-0.550.360.83-0.06-0.49-0.650.67-0.32-0.36-0.36-0.15
0.0-0.490.03-0.68-0.68-0.550.991.0-0.74-0.36-0.050.420.55-0.550.930.170.170.62
0.08-0.4-0.07-0.71-0.7-0.470.990.99-0.75-0.31-0.070.370.5-0.50.950.210.210.67
0.0-0.490.03-0.68-0.68-0.551.00.99-0.74-0.36-0.050.420.54-0.550.930.170.170.62
0.10.330.270.980.980.36-0.74-0.75-0.740.23-0.07-0.29-0.390.39-0.64-0.1-0.1-0.41
0.250.82-0.450.080.090.83-0.36-0.31-0.360.230.22-0.57-0.620.65-0.22-0.66-0.66-0.15
-0.49-0.090.0-0.06-0.07-0.06-0.05-0.07-0.05-0.070.22-0.64-0.480.49-0.26-0.16-0.16-0.21
0.14-0.450.22-0.2-0.19-0.490.420.370.42-0.29-0.57-0.640.67-0.660.360.090.090.28
-0.23-0.610.43-0.29-0.29-0.650.550.50.54-0.39-0.62-0.480.67-1.00.540.20.20.22
0.220.62-0.420.290.290.67-0.55-0.5-0.550.390.650.49-0.66-1.0-0.54-0.27-0.27-0.25
0.21-0.25-0.06-0.62-0.62-0.320.930.950.93-0.64-0.22-0.260.360.54-0.540.170.170.66
0.19-0.33-0.07-0.07-0.07-0.360.170.210.17-0.1-0.66-0.160.090.2-0.270.171.00.5
0.19-0.33-0.07-0.07-0.07-0.360.170.210.17-0.1-0.66-0.160.090.2-0.270.171.00.5
0.62-0.04-0.44-0.43-0.42-0.150.620.670.62-0.41-0.15-0.210.280.22-0.250.660.50.5
Click cells to compare fundamentals

Riverside Resources Account Relationship Matchups

Riverside Resources income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization59.0K75.9K63.2K54.8K63.0K43.5K
Other Operating Expenses1.2M1.4M1.3M1.2M1.1M1.0M
Operating Income(1.1M)(3.1M)(634.1K)(1.2M)(1.4M)(1.5M)
Ebit(1.1M)(3.1M)(634.1K)(1.2M)(1.1M)(1.2M)
Ebitda(1.0M)(3.0M)(570.9K)(1.2M)(1.1M)(1.1M)
Total Operating Expenses1.1M1.4M1.2M1.2M1.1M1.0M
Income Before Tax2.6M734.1K(207.6K)(395.2K)(454.5K)(477.2K)
Total Other Income Expense Net3.8M2.2M1.0M826.8K950.8K998.4K
Net Income2.6M734.1K(207.6K)(395.2K)(454.5K)(477.2K)
Income Tax Expense70.7K(1.6M)601.5K4.03.63.42
Selling General Administrative1.1M1.4M1.2M874.6K787.1K950.0K
Gross Profit(59.0K)(75.9K)(63.2K)(54.8K)(63.0K)(66.1K)
Cost Of Revenue59.0K75.9K63.2K54.8K49.3K53.0K
Net Income From Continuing Ops2.6M734.1K(207.6K)(395.2K)(454.5K)(477.2K)
Net Income Applicable To Common Shares(1.3M)2.6M734.1K(207.6K)(238.7K)(250.7K)
Net Interest Income38.2K17.1K65.5K273.5K314.5K330.3K
Interest Income39.3K17.1K65.5K273.5K314.5K330.3K
Reconciled Depreciation59.0K75.9K63.2K54.8K63.0K50.7K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Riverside Stock Analysis

When running Riverside Resources' price analysis, check to measure Riverside Resources' 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 Riverside Resources is operating at the current time. Most of Riverside Resources' value examination focuses on studying past and present price action to predict the probability of Riverside Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riverside Resources' price. Additionally, you may evaluate how the addition of Riverside Resources to your portfolios can decrease your overall portfolio volatility.