Solution Historical Income Statement
SFI Stock | 0.28 0.01 3.45% |
Historical analysis of Solution Financial income statement accounts such as Net Income Applicable To Common Shares of 1 M, Net Income of 46.8 K, Interest Expense of 488.8 K or Ebit of 1.2 M can show how well Solution Financial performed in making a profits. Evaluating Solution Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Solution Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Solution Financial 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 Solution Financial is a good buy for the upcoming year.
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About Solution Income Statement Analysis
Solution Financial 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 Solution Financial shareholders. The income statement also shows Solution 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).
Solution Financial Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Solution Financial minus its cost of goods sold. It is profit before Solution Financial 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 Solution Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Solution Financial 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Solution Financial. 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, Solution Financial's Operating Income is very stable compared to the past year. As of the 24th of December 2024, Net Income Applicable To Common Shares is likely to grow to about 1 M, while Selling General Administrative is likely to drop about 2.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 15.9M | 15.4M | 11.5M | 11.4M | EBITDA | 6.8M | 5.9M | 6.7M | 5.2M |
Solution Financial income statement Correlations
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Solution Financial Account Relationship Matchups
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High Negative Relationship
Solution Financial income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Selling General Administrative | 2.2M | 1.9M | 2.9M | 3.0M | 2.8M | 2.2M | |
Total Revenue | 9.6M | 14.3M | 20.5M | 20.3M | 15.4M | 11.7M | |
Operating Income | 322.6K | 783.2K | 1.2M | 1.3M | 946.9K | 994.2K | |
Income Before Tax | 330.0K | 790.8K | 1.2M | 1.1M | (369.3K) | (350.9K) | |
Net Income Applicable To Common Shares | 181.9K | 400.4K | 907.2K | 837.5K | 963.2K | 1.0M | |
Net Income | 182.0K | 400.4K | 907.2K | 837.5K | 38.7K | 46.8K | |
Interest Expense | 408.8K | 674.3K | 435.9K | 626.2K | 903.8K | 488.8K | |
Ebit | 731.4K | 1.5M | 1.6M | 1.9M | 2.2M | 1.2M | |
Income Tax Expense | 148K | 390.3K | 244K | 268K | 308.2K | 246.5K | |
Tax Provision | 148K | 390.3K | 244K | 268K | (408K) | (387.6K) | |
Net Interest Income | (408.8K) | (674.3K) | (435.9K) | (626.2K) | (903.8K) | (858.6K) | |
Gross Profit | 3.0M | 3.4M | 4.6M | 5.0M | 3.9M | 4.1M | |
Net Income From Continuing Ops | 181.9K | 400.4K | 907.2K | 837.5K | 38.7K | 36.7K | |
Ebitda | 4.2M | 6.7M | 6.8M | 5.9M | 6.7M | 5.2M | |
Cost Of Revenue | 6.7M | 10.9M | 15.9M | 15.4M | 11.5M | 11.4M | |
Total Operating Expenses | 8.9M | 12.8M | 18.8M | 18.4M | 14.4M | 14.7M | |
Reconciled Depreciation | 3.5M | 5.2M | 5.2M | 4.1M | 2.3M | 4.1M | |
Total Other Income Expense Net | 7.3K | 7.5K | (29.5K) | (182.1K) | (412.4K) | (391.8K) |
Pair Trading with Solution Financial
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 Solution Financial 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 Solution Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Solution Stock
0.69 | HUT | Hut 8 Mining | PairCorr |
0.66 | Y | Yellow Pages Limited | PairCorr |
0.6 | ERE-UN | European Residential Real | PairCorr |
0.6 | ENS-PA | E Split Corp | PairCorr |
0.6 | NICU | Magna Mining | PairCorr |
The ability to find closely correlated positions to Solution Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solution Financial 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 Solution Financial - 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 Solution Financial to buy it.
The correlation of Solution Financial 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 Solution Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solution Financial 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 Solution Financial 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 Solution Stock
Solution Financial 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 Solution Financial shareholders. The income statement also shows Solution 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).