Silence Historical Income Statement
| SLN Stock | USD 7.21 0.20 2.85% |
Historical analysis of Silence Therapeutics income statement accounts such as Total Operating Expenses of 67.9 M, Total Revenue of 26.6 M, Gross Profit of 15.8 M or Selling General Administrative of 21.7 M can show how well Silence Therapeutics PLC performed in making a profits. Evaluating Silence Therapeutics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Silence Therapeutics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Silence Therapeutics PLC 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 Silence Therapeutics PLC is a good buy for the upcoming year.
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About Silence Income Statement Analysis
Silence Therapeutics PLC 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 Silence Therapeutics shareholders. The income statement also shows Silence 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).
Silence Therapeutics 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 Silence Therapeutics PLC. It is also known as Silence Therapeutics 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 Silence Therapeutics PLC 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 Silence Therapeutics PLC 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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Silence Therapeutics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Silence Therapeutics PLC 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 Silence Therapeutics PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Silence Therapeutics' Net Interest Income is very stable compared to the past year. As of the 26th of November 2024, Interest Income is likely to grow to about 1.5 M, while Depreciation And Amortization is likely to drop about 274.8 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8K | 47K | 34K | 32.3K | Depreciation And Amortization | 427K | 482K | 498K | 274.8K |
Silence Therapeutics income statement Correlations
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Silence Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silence Therapeutics income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 509K | 496K | 427K | 482K | 498K | 274.8K | |
| Interest Expense | 163K | 323K | 8K | 47K | 34K | 32.3K | |
| Other Operating Expenses | 23.0M | 41.3M | 58.2M | 66.1M | 75.0M | 78.7M | |
| Operating Income | (22.7M) | (35.8M) | (45.8M) | (48.6M) | (49.6M) | (47.1M) | |
| Ebit | (22.7M) | (36.0M) | (45.8M) | (48.4M) | (50.3M) | (47.8M) | |
| Research Development | 13.3M | 20.2M | 30.8M | 35.6M | 44.0M | 46.2M | |
| Ebitda | (22.2M) | (35.5M) | (45.4M) | (47.9M) | (49.8M) | (47.3M) | |
| Total Operating Expenses | 23.0M | 37.6M | 50.8M | 55.2M | 64.7M | 67.9M | |
| Income Before Tax | (22.9M) | (36.0M) | (45.9M) | (47.4M) | (50.3M) | (47.8M) | |
| Total Other Income Expense Net | (136K) | (194K) | (42K) | 1.2M | (706K) | (670.7K) | |
| Net Income | (19.6M) | (32.5M) | (39.4M) | (40.5M) | (43.3M) | (41.1M) | |
| Income Tax Expense | (3.3M) | (3.5M) | (6.4M) | (6.9M) | (7.0M) | (6.7M) | |
| Total Revenue | 244K | 5.5M | 12.4M | 17.5M | 25.4M | 26.6M | |
| Selling General Administrative | 9.6M | 14.0M | 20.0M | 19.6M | 20.6M | 21.7M | |
| Tax Provision | (3.3M) | (4.6M) | (6.4M) | (6.9M) | (7.0M) | (6.7M) | |
| Net Interest Income | (6K) | 1.7M | 2K | 179K | 1.4M | 1.5M | |
| Interest Income | 27K | 1.7M | 10K | 226K | 1.4M | 1.5M | |
| Net Income From Continuing Ops | (19.6M) | (22.1M) | (39.4M) | (40.5M) | (43.3M) | (41.1M) | |
| Net Income Applicable To Common Shares | (19.6M) | (32.5M) | (39.4M) | (40.5M) | (36.4M) | (38.3M) | |
| Reconciled Depreciation | 399K | 482K | 496K | 427K | 498K | 505.5K |
Pair Trading with Silence Therapeutics
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 Silence Therapeutics 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 Silence Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving together with Silence Stock
| 0.71 | ME | 23Andme Holding | PairCorr |
| 0.66 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
Moving against Silence Stock
| 0.62 | RNXT | RenovoRx | PairCorr |
| 0.57 | MDGL | Madrigal Pharmaceuticals | PairCorr |
| 0.45 | KEP | Korea Electric Power | PairCorr |
The ability to find closely correlated positions to Silence Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silence Therapeutics 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 Silence Therapeutics - 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 Silence Therapeutics PLC to buy it.
The correlation of Silence Therapeutics 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 Silence Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silence Therapeutics PLC 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 Silence Therapeutics 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silence Therapeutics PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Silence Therapeutics. If investors know Silence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Silence Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.69) | Revenue Per Share 0.429 | Quarterly Revenue Growth (0.93) | Return On Assets (0.22) | Return On Equity (0.64) |
The market value of Silence Therapeutics PLC is measured differently than its book value, which is the value of Silence that is recorded on the company's balance sheet. Investors also form their own opinion of Silence Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Silence Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Silence Therapeutics' market value can be influenced by many factors that don't directly affect Silence Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Silence Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silence Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silence Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.