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.
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.
Riverside |
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
Add Fundamental
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.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 Expenses | 1.3M | 1.2M | 1.1M | 1.0M | Depreciation And Amortization | 63.2K | 54.8K | 63.0K | 43.5K |
Riverside Resources income statement Correlations
Click cells to compare fundamentals
Riverside Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Riverside Resources income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 59.0K | 75.9K | 63.2K | 54.8K | 63.0K | 43.5K | |
| Other Operating Expenses | 1.2M | 1.4M | 1.3M | 1.2M | 1.1M | 1.0M | |
| 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 Expenses | 1.1M | 1.4M | 1.2M | 1.2M | 1.1M | 1.0M | |
| Income Before Tax | 2.6M | 734.1K | (207.6K) | (395.2K) | (454.5K) | (477.2K) | |
| Total Other Income Expense Net | 3.8M | 2.2M | 1.0M | 826.8K | 950.8K | 998.4K | |
| Net Income | 2.6M | 734.1K | (207.6K) | (395.2K) | (454.5K) | (477.2K) | |
| Income Tax Expense | 70.7K | (1.6M) | 601.5K | 4.0 | 3.6 | 3.42 | |
| Selling General Administrative | 1.1M | 1.4M | 1.2M | 874.6K | 787.1K | 950.0K | |
| Gross Profit | (59.0K) | (75.9K) | (63.2K) | (54.8K) | (63.0K) | (66.1K) | |
| Cost Of Revenue | 59.0K | 75.9K | 63.2K | 54.8K | 49.3K | 53.0K | |
| Net Income From Continuing Ops | 2.6M | 734.1K | (207.6K) | (395.2K) | (454.5K) | (477.2K) | |
| Net Income Applicable To Common Shares | (1.3M) | 2.6M | 734.1K | (207.6K) | (238.7K) | (250.7K) | |
| Net Interest Income | 38.2K | 17.1K | 65.5K | 273.5K | 314.5K | 330.3K | |
| Interest Income | 39.3K | 17.1K | 65.5K | 273.5K | 314.5K | 330.3K | |
| Reconciled Depreciation | 59.0K | 75.9K | 63.2K | 54.8K | 63.0K | 50.7K |
Thematic Opportunities
Explore Investment Opportunities
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.