Sulliden Historical Income Statement
SMC Stock | CAD 0.01 0.01 25.00% |
Historical analysis of Sulliden Minerals income statement accounts such as Cost Of Revenue of 51.48, Total Operating Expenses of 4.2 M, Net Interest Income of 16.4 K or Interest Income of 17.3 K can show how well Sulliden Minerals SA performed in making a profits. Evaluating Sulliden Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sulliden Minerals's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sulliden Minerals 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 Sulliden Minerals is a good buy for the upcoming year.
Sulliden |
About Sulliden Income Statement Analysis
Sulliden Minerals 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 Sulliden Minerals shareholders. The income statement also shows Sulliden 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).
Sulliden Minerals 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 Sulliden Minerals. It is also known as Sulliden Minerals 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 Sulliden Minerals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sulliden Minerals 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 Sulliden Minerals SA. 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, Sulliden Minerals' Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Other Operating Expenses is likely to grow to about 4.2 M, though Depreciation And Amortization is likely to grow to (241 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 26.4K | 20.2K | 18.2K | 17.3K | Net Interest Income | 26.4K | 19.2K | 17.3K | 16.4K |
Sulliden Minerals income statement Correlations
Click cells to compare fundamentals
Sulliden Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sulliden Minerals income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 2.6M | 1.7M | 10.6M | 1.9M | (253.7K) | (241.0K) | |
Interest Expense | 1.8K | 17.1K | 26.4K | 976.0 | 15.0K | 14.3K | |
Selling General Administrative | 2.6M | 1.4M | 5.0M | 1.6M | 1.5M | 2.6M | |
Other Operating Expenses | 2.6M | 1.5M | 10.6M | 1.9M | 2.5M | 4.2M | |
Operating Income | (2.4M) | (1.3M) | (10.6M) | (1.9M) | (2.5M) | (2.6M) | |
Net Income From Continuing Ops | 805.5K | (1.7M) | (12.1M) | (5.7M) | (5.1M) | (5.4M) | |
Ebit | (2.4M) | (1.3M) | (12.1M) | (5.7M) | (2.5M) | (2.3M) | |
Ebitda | (2.4M) | (1.3M) | (1.5M) | (3.7M) | (2.7M) | (2.6M) | |
Total Operating Expenses | 2.6M | 1.5M | 10.6M | 1.9M | 2.5M | 4.2M | |
Income Before Tax | 805.5K | (1.7M) | (12.1M) | (5.7M) | (2.7M) | (2.9M) | |
Total Other Income Expense Net | 3.2M | (459.8K) | (1.5M) | (3.8M) | (268.7K) | (282.2K) | |
Net Income Applicable To Common Shares | (21.8M) | 805.5K | (2.0M) | (12.1M) | (10.9M) | (10.3M) | |
Net Income | 4.1M | (2.2M) | (12.0M) | (5.7M) | (2.6M) | (2.7M) | |
Income Tax Expense | (3.3M) | 442.7K | (26.4K) | (961.59) | (117.4K) | (111.6K) | |
Net Interest Income | 134.3K | 193.6K | 26.4K | 19.2K | 17.3K | 16.4K | |
Interest Income | 122.0K | 210.7K | 26.4K | 20.2K | 18.2K | 17.3K |
Pair Trading with Sulliden Minerals
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 Sulliden Minerals 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 Sulliden Minerals will appreciate offsetting losses from the drop in the long position's value.Moving against Sulliden Stock
0.49 | VZ | Verizon Communications | PairCorr |
0.41 | INFM | Infinico Metals Corp | PairCorr |
0.4 | ORE | Orezone Gold Corp | PairCorr |
The ability to find closely correlated positions to Sulliden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sulliden Minerals 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 Sulliden Minerals - 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 Sulliden Minerals SA to buy it.
The correlation of Sulliden Minerals 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 Sulliden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sulliden Minerals 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 Sulliden Minerals 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 Sulliden Stock
Sulliden Minerals 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 Sulliden Minerals shareholders. The income statement also shows Sulliden 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).