Resverlogix Historical Income Statement
RVX Stock | CAD 0.06 0.01 8.33% |
Historical analysis of Resverlogix Corp income statement accounts such as Other Operating Expenses of 17.2 M, Total Operating Expenses of 11.3 M, Income Tax Expense of 15.4 K or Depreciation And Amortization of 1.2 M can show how well Resverlogix Corp performed in making a profits. Evaluating Resverlogix Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Resverlogix Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Resverlogix Corp 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 Resverlogix Corp is a good buy for the upcoming year.
Resverlogix Corp Net Income |
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Resverlogix |
About Resverlogix Income Statement Analysis
Resverlogix Corp 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 Resverlogix Corp shareholders. The income statement also shows Resverlogix 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).
Resverlogix Corp Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Resverlogix Corp. It is also known as Resverlogix Corp 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 Resverlogix Corp 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 Resverlogix Corp 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.Most accounts from Resverlogix Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Resverlogix Corp 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 Resverlogix Corp. 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, Resverlogix Corp's Reconciled Depreciation is very stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Research Development | 4.5M | 5.5M | 3.2M | 3.0M | Depreciation And Amortization | 1.1M | 1.0M | 1.2M | 1.2M |
Resverlogix Corp income statement Correlations
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Resverlogix Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Resverlogix Corp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 3.6M | 3.0M | 727K | 1.6M | 1.8M | 3.5M | |
Selling General Administrative | 6.8M | 5.3M | 11.1M | 6.9M | 2.8M | 5.1M | |
Other Operating Expenses | 22.6M | 4.4K | 15.8M | 12.7M | 14.6M | 17.2M | |
Operating Income | (22.6M) | (14.6K) | (16.0M) | (12.7M) | (6.2M) | (6.5M) | |
Ebit | (75.2M) | (14.6K) | (16.0M) | (12.7M) | (11.5M) | (12.0M) | |
Ebitda | (74.2M) | (14.2K) | (14.9M) | (11.7M) | (10.6M) | (11.1M) | |
Total Operating Expenses | 22.6M | 4.4K | 15.8M | 12.7M | 6.2M | 11.3M | |
Net Income | 118.0M | 2.5K | (24.8M) | (3.6M) | (16.7M) | (17.6M) | |
Income Tax Expense | 27K | 31.5 | 12K | 18K | 16.2K | 15.4K | |
Depreciation And Amortization | 1.0M | 369.0 | 1.1M | 1.0M | 1.2M | 1.2M | |
Research Development | 15.8M | 6.4K | 4.5M | 5.5M | 3.2M | 3.0M | |
Income Before Tax | 118.1M | 2.5K | (24.8M) | (3.6M) | (16.7M) | (15.9M) | |
Total Other Income Expense Net | 144.2M | 17.1K | (8.8M) | 9.2M | (8.7M) | (8.2M) | |
Net Income From Continuing Ops | 118.0M | 3.8M | (24.8M) | (3.6M) | (16.7M) | (15.9M) | |
Net Income Applicable To Common Shares | 118.0M | 2.5M | (24.8M) | (3.6M) | (3.2M) | (3.4M) | |
Tax Provision | 27K | 21K | 12K | 18K | 15K | 15.8K | |
Interest Income | 140.6M | 11.3M | 8.8M | 9.2M | 10.5M | 10.0M | |
Net Interest Income | 88.0M | (3.0M) | (853K) | (1.7M) | (1.8M) | (1.9M) | |
Reconciled Depreciation | 1.0M | 1.0M | 1.1M | 1.0M | 716K | 821.7K |
Pair Trading with Resverlogix Corp
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 Resverlogix Corp 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 Resverlogix Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Resverlogix Stock
The ability to find closely correlated positions to Resverlogix Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Resverlogix Corp 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 Resverlogix Corp - 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 Resverlogix Corp to buy it.
The correlation of Resverlogix Corp 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 Resverlogix Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Resverlogix Corp 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 Resverlogix Corp 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 Resverlogix Stock
Resverlogix Corp 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 Resverlogix Corp shareholders. The income statement also shows Resverlogix 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).