Sovereign Historical Income Statement

SVML Stock   40.50  0.30  0.74%   
Historical analysis of Sovereign Metals income statement accounts such as Total Operating Expenses of 19 M, Total Other Income Expense Net of 134.5 K, Interest Income of 1.9 M or Total Revenue of 14.9 K can show how well Sovereign Metals performed in making a profits. Evaluating Sovereign Metals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sovereign Metals's future profits or losses.

Sovereign Metals Net Income

(17.67 Million)

  
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About Sovereign Income Statement Analysis

Sovereign Metals 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 Sovereign Metals shareholders. The income statement also shows Sovereign 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).

Sovereign Metals Income Statement Chart

At this time, Sovereign Metals' Depreciation And Amortization is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 3.6 M in 2024, despite the fact that Operating Income is likely to grow to (19.7 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sovereign Metals. It is also known as Sovereign Metals 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 Sovereign Metals 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 Sovereign Metals 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Sovereign Metals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sovereign Metals 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 Sovereign Metals. 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, Sovereign Metals' Depreciation And Amortization is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 3.6 M in 2024, despite the fact that Operating Income is likely to grow to (19.7 M).
 2021 2023 2024 (projected)
Interest Expense33.1K29.8K28.3K
Depreciation And Amortization104.4K107.8K113.1K

Sovereign Metals income statement Correlations

-0.670.880.93-0.92-0.92-0.920.93-0.880.29-0.88-0.340.68-0.730.66-0.770.8
-0.67-0.44-0.460.450.480.48-0.460.44-0.150.440.14-0.280.52-0.250.28-0.32
0.88-0.440.96-0.95-0.96-0.960.96-0.90.32-0.9-0.410.68-0.770.65-0.840.79
0.93-0.460.96-1.0-0.98-0.981.0-0.920.38-0.92-0.460.79-0.750.77-0.850.84
-0.920.45-0.95-1.00.960.96-1.00.93-0.350.930.47-0.820.75-0.80.87-0.87
-0.920.48-0.96-0.980.961.0-0.980.84-0.50.840.42-0.640.75-0.610.75-0.81
-0.920.48-0.96-0.980.961.0-0.980.84-0.50.840.43-0.640.75-0.610.75-0.81
0.93-0.460.961.0-1.0-0.98-0.98-0.920.38-0.92-0.460.79-0.750.77-0.850.84
-0.880.44-0.9-0.920.930.840.84-0.920.021.00.33-0.850.67-0.830.96-0.84
0.29-0.150.320.38-0.35-0.5-0.50.380.020.02-0.38-0.01-0.34-0.030.10.22
-0.880.44-0.9-0.920.930.840.84-0.921.00.020.32-0.850.67-0.840.96-0.84
-0.340.14-0.41-0.460.470.420.43-0.460.33-0.380.32-0.480.38-0.460.33-0.38
0.68-0.280.680.79-0.82-0.64-0.640.79-0.85-0.01-0.85-0.48-0.571.0-0.880.75
-0.730.52-0.77-0.750.750.750.75-0.750.67-0.340.670.38-0.57-0.530.6-0.67
0.66-0.250.650.77-0.8-0.61-0.610.77-0.83-0.03-0.84-0.461.0-0.53-0.870.73
-0.770.28-0.84-0.850.870.750.75-0.850.960.10.960.33-0.880.6-0.87-0.84
0.8-0.320.790.84-0.87-0.81-0.810.84-0.840.22-0.84-0.380.75-0.670.73-0.84
Click cells to compare fundamentals

Sovereign Metals Account Relationship Matchups

Sovereign Metals income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization62.7K41.1K104.4K93.7K107.8K113.1K
Interest Expense62.5K28.9K17.5K33.1K29.8K28.3K
Selling General Administrative214.2K1.8M3.7M2.9M3.4M3.6M
Other Operating Expenses3.2M5.6M13.8M15.8M18.1M19.0M
Operating Income(3.2M)(5.6M)(13.8M)(15.8M)(20.7M)(19.7M)
Ebit(3.2M)(5.6M)(13.8M)(15.8M)(14.2M)(13.5M)
Ebitda(3.1M)(5.6M)(13.7M)(15.7M)(14.1M)(13.4M)
Total Operating Expenses3.2M5.6M13.8M15.8M18.1M19.0M
Income Before Tax(3.1M)(5.1M)(13.7M)(5.8M)(18.6M)(17.7M)
Total Other Income Expense Net154.1K543.4K71.5K9.9M141.6K134.5K
Net Income(3.0M)(5.0M)(13.8M)(5.8M)(18.6M)(17.7M)
Income Tax Expense(91.6K)(58.6K)33.1K(362.7K)(326.4K)(310.1K)
Interest Income28.9K10K33.1K269.0K1.8M1.9M
Total Revenue80.3K62.5K28.9K17.5K15.7K14.9K
Net Income Applicable To Common Shares(3.1M)(5.1M)(13.7M)(5.8M)(5.2M)(5.5M)
Net Interest Income28.9K17.5K33.1K269.0K1.8M1.9M
Net Income From Continuing Ops(3.1M)(5.1M)(13.7M)(5.8M)(18.6M)(17.7M)
Reconciled Depreciation62.7K41.1K104.4K93.7K157.7K88.6K

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