True Historical Income Statement

TGX Stock

CAD 0.05 0.02 28.57%

Historical analysis of True North income statement accounts such as Cost Of Revenue of 0.0, Total Operating Expenses of 132.3 K, Income Tax Expense of 923 or Minority Interest of 0.0 can show how well True North Gems performed in making a profits. Evaluating True North income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of True North's future profits or losses.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining True North Gems 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 True North Gems is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in True North Gems. 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.

About True Income Statement Analysis

True North Gems 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 True North shareholders. The income statement also shows True 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).

True North Income Statement Chart

Tax Provision is likely to climb to 3,912 in 2024, whereas Discontinued Operations is likely to drop (92.4 K) in 2024.

Selling General Administrative Ebit Total Operating Expenses Income Before Tax Total Other Income Expense Net Net Income

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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on True North income statement and is an important metric when analyzing True North Gems profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in True North Gems financial statement analysis. It represents the amount of money remaining after all of True North Gems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most accounts from True North's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into True North Gems 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 True North Gems. 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.

Tax Provision is likely to climb to 3,912 in 2024, whereas Discontinued Operations is likely to drop (92.4 K) in 2024.

True North income statement Correlations

	Discontinued Operations	Selling General Administrative	Operating Income	Net Income From Continuing Ops	Ebit	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Tax Provision	Net Interest Income	Other Operating Expenses	Ebitda
Discontinued Operations		-0.44	0.26	0.19	0.22	-0.26	0.2	-0.09	1.0	0.09	0.34	0.15	-0.14	0.14
Selling General Administrative	-0.44		-0.92	-0.86	-0.81	0.92	-0.85	-0.15	-0.46	0.17	-0.84	-0.25	0.42	-0.43
Operating Income	0.26	-0.92		0.93	0.88	-1.0	0.93	0.18	0.28	-0.04	0.85	0.4	-0.46	0.46
Net Income From Continuing Ops	0.19	-0.86	0.93		0.81	-0.93	1.0	0.52	0.21	-0.16	0.79	0.37	-0.44	0.45
Ebit	0.22	-0.81	0.88	0.81		-0.88	0.82	0.11	0.23	-0.01	0.74	0.69	-0.01	0.03
Total Operating Expenses	-0.26	0.92	-1.0	-0.93	-0.88		-0.93	-0.18	-0.28	0.04	-0.85	-0.39	0.46	-0.47
Income Before Tax	0.2	-0.85	0.93	1.0	0.82	-0.93		0.52	0.22	-0.07	0.78	0.36	-0.44	0.45
Total Other Income Expense Net	-0.09	-0.15	0.18	0.52	0.11	-0.18	0.52		-0.08	-0.1	0.12	-0.01	-0.17	0.17
Net Income	1.0	-0.46	0.28	0.21	0.23	-0.28	0.22	-0.08		0.1	0.32	0.14	-0.15	0.15
Income Tax Expense	0.09	0.17	-0.04	-0.16	-0.01	0.04	-0.07	-0.1	0.1		-0.17	-0.09	0.06	-0.06
Tax Provision	0.34	-0.84	0.85	0.79	0.74	-0.85	0.78	0.12	0.32	-0.17		0.4	-0.43	0.43
Net Interest Income	0.15	-0.25	0.4	0.37	0.69	-0.39	0.36	-0.01	0.14	-0.09	0.4		0.42	-0.44
Other Operating Expenses	-0.14	0.42	-0.46	-0.44	-0.01	0.46	-0.44	-0.17	-0.15	0.06	-0.43	0.42		-0.8
Ebitda	0.14	-0.43	0.46	0.45	0.03	-0.47	0.45	0.17	0.15	-0.06	0.43	-0.44	-0.8

Click cells to compare fundamentals

True North Account Relationship Matchups

True North income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Discontinued Operations	(263.9K)	429.8K	(1.4M)	(76.6K)	(88.0K)	(92.4K)
Selling General Administrative	317.2K	212.1K	173.9K	165.7K	155.1K	147.4K
Operating Income	(349.8K)	(198.1K)	(152.9K)	(841.8K)	(139.3K)	(146.3K)
Net Income From Continuing Ops	(340.2K)	(198.2K)	172.0K	(887.7K)	(200.0K)	(210.0K)
Ebit	(349.8K)	(198.1K)	(152.9K)	(828.9K)	(953.2K)	(1.0M)
Total Operating Expenses	349.8K	198.1K	152.9K	841.8K	139.3K	132.3K
Income Before Tax	(339.8K)	(197.2K)	172.0K	(887.7K)	(200.0K)	(210.0K)
Total Other Income Expense Net	9.9K	991.0	324.8K	(5.0)	(6.8K)	(7.1K)
Net Income Applicable To Common Shares	(1.3M)	89.6K	(1.6M)	(964.3K)	(1.1M)	(1.2M)
Net Income	539.1K	(1.6M)	(457.5K)	(964.3K)	(276.6K)	(290.4K)
Tax Provision	405.0	1.1K	(1.6K)	3.2K	3.7K	3.9K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for True Stock Analysis

When running True North's price analysis, check to measure True North's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy True North is operating at the current time. Most of True North's value examination focuses on studying past and present price action to predict the probability of True North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True North's price. Additionally, you may evaluate how the addition of True North to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC