Tamboran Historical Income Statement
| TBN Stock | 18.00 0.17 0.95% |
Historical analysis of Tamboran Resources income statement accounts such as Other Operating Expenses of 14.6 M, Cost Of Revenue of 5.7 B, Total Operating Expenses of 14.3 M or Tax Provision of 0.0 can show how well Tamboran Resources performed in making a profits. Evaluating Tamboran Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tamboran Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Tamboran Resources 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 Tamboran Resources is a good buy for the upcoming year.
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About Tamboran Income Statement Analysis
Tamboran Resources 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 Tamboran Resources shareholders. The income statement also shows Tamboran 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).
Tamboran Resources Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Tamboran Resources minus its cost of goods sold. It is profit before Tamboran Resources 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.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Tamboran Resources whose combined shares represent less than 50% of the total outstanding shares issued by Tamboran Resources have a minority interest in Tamboran Resources.Most accounts from Tamboran Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tamboran Resources 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 Tamboran Resources. 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 labor statistics. To learn how to invest in Tamboran Stock, please use our How to Invest in Tamboran Resources guide.At this time, Tamboran Resources' Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Cost Of Revenue is likely to grow to about 5.7 B, while Depreciation And Amortization is likely to drop about 526.6 K.
| 2021 | 2023 | 2024 (projected) | Interest Expense | 305.3K | 274.7K | 261.0K | Depreciation And Amortization | 407.6K | 1.0M | 526.6K |
Tamboran Resources income statement Correlations
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Tamboran Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Tamboran Resources
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 Tamboran Resources 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 Tamboran Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Tamboran Stock
| 0.64 | DMLP | Dorchester Minerals | PairCorr |
| 0.62 | VIST | Vista Oil Gas | PairCorr |
| 0.62 | DEC | Diversified Energy | PairCorr |
| 0.57 | CRK | Comstock Resources | PairCorr |
| 0.56 | CNX | CNX Resources Corp Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Tamboran Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tamboran Resources 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 Tamboran Resources - 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 Tamboran Resources to buy it.
The correlation of Tamboran Resources 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 Tamboran Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tamboran Resources 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 Tamboran Resources 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 Tamboran Resources. 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 labor statistics. To learn how to invest in Tamboran Stock, please use our How to Invest in Tamboran Resources guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Oil, Gas & Consumable Fuels 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 Tamboran Resources. If investors know Tamboran 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 Tamboran Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Return On Assets (0.04) | Return On Equity (0.14) |
The market value of Tamboran Resources is measured differently than its book value, which is the value of Tamboran that is recorded on the company's balance sheet. Investors also form their own opinion of Tamboran Resources' value that differs from its market value or its book value, called intrinsic value, which is Tamboran Resources' 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 Tamboran Resources' market value can be influenced by many factors that don't directly affect Tamboran Resources' 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 Tamboran Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tamboran Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tamboran Resources' 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.