Topaz Historical Income Statement

TPZ Stock

CAD 25.50 0.14 0.55%

Historical analysis of Topaz Energy income statement accounts such as Net Income Applicable To Common Shares of 120 M, Income Tax Expense of 25.7 M, Tax Provision of 25.7 M or Interest Income of 19.2 M can show how well Topaz Energy Corp performed in making a profits. Evaluating Topaz Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Topaz Energy's future profits or losses.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Topaz Energy Corp 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 Topaz Energy Corp 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 Topaz Energy Corp. 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 Topaz Income Statement Analysis

Topaz Energy Corp 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 Topaz Energy shareholders. The income statement also shows Topaz 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).

Topaz Energy Income Statement Chart

At this time, Topaz Energy's Interest Expense is very stable compared to the past year. As of the 25th of February 2025, Other Operating Expenses is likely to grow to about 285 M, while EBIT is likely to drop about 42.4 M.

Discontinued Operations Other Operating Expenses Selling General Administrative Selling And Marketing Expenses

Other Operating Expenses

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

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

	2022	2023	2024	2025 (projected)
Gross Profit	147.3M	82.3M	94.6M	61.2M
Total Revenue	356.7M	306.7M	352.7M	212.2M

Gross Profit Total Revenue

Topaz Energy income statement Correlations

	Discontinued Operations	Interest Expense	Other Operating Expenses	Ebit	Income Tax Expense	Tax Provision	Net Interest Income	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Operating Income	Net Income From Continuing Ops	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income
Discontinued Operations		-0.77	-0.65	-0.27	-0.62	-0.62	0.65	-0.45	-0.46	-0.41	-0.43	-0.36	-0.35	-0.34	-0.42	-0.45	-0.42	-0.45	-0.36	-0.03	-0.34
Interest Expense	-0.77		0.91	0.67	0.9	0.9	-0.98	0.84	0.85	0.77	0.83	0.74	0.71	0.7	0.82	0.84	0.72	0.84	0.74	-0.2	0.7
Other Operating Expenses	-0.65	0.91		0.83	0.94	0.94	-0.92	0.96	0.95	0.95	0.95	0.88	0.86	0.85	0.95	0.96	0.94	0.96	0.87	-0.54	0.85
Ebit	-0.27	0.67	0.83		0.91	0.91	-0.73	0.89	0.83	0.95	0.94	0.99	1.0	1.0	0.95	0.89	0.89	0.89	0.99	-0.81	1.0
Income Tax Expense	-0.62	0.9	0.94	0.91		1.0	-0.92	0.91	0.88	0.92	0.94	0.95	0.94	0.93	0.94	0.91	0.86	0.91	0.94	-0.57	0.93
Tax Provision	-0.62	0.9	0.94	0.91	1.0		-0.92	0.91	0.88	0.92	0.94	0.95	0.94	0.93	0.94	0.91	0.86	0.91	0.95	-0.57	0.93
Net Interest Income	0.65	-0.98	-0.92	-0.73	-0.92	-0.92		-0.88	-0.89	-0.82	-0.87	-0.8	-0.76	-0.76	-0.86	-0.88	-0.76	-0.88	-0.79	0.27	-0.76
Depreciation And Amortization	-0.45	0.84	0.96	0.89	0.91	0.91	-0.88		0.99	0.98	0.99	0.92	0.9	0.89	0.99	1.0	0.96	1.0	0.91	-0.61	0.89
Selling General Administrative	-0.46	0.85	0.95	0.83	0.88	0.88	-0.89	0.99		0.95	0.97	0.87	0.84	0.83	0.97	0.99	0.93	0.99	0.85	-0.53	0.83
Selling And Marketing Expenses	-0.41	0.77	0.95	0.95	0.92	0.92	-0.82	0.98	0.95		0.99	0.96	0.95	0.95	0.99	0.98	0.98	0.98	0.95	-0.75	0.95
Total Revenue	-0.43	0.83	0.95	0.94	0.94	0.94	-0.87	0.99	0.97	0.99		0.96	0.95	0.94	1.0	0.99	0.95	0.99	0.95	-0.67	0.94
Gross Profit	-0.36	0.74	0.88	0.99	0.95	0.95	-0.8	0.92	0.87	0.96	0.96		1.0	1.0	0.96	0.91	0.9	0.92	1.0	-0.76	1.0
Operating Income	-0.35	0.71	0.86	1.0	0.94	0.94	-0.76	0.9	0.84	0.95	0.95	1.0		1.0	0.95	0.89	0.9	0.9	1.0	-0.8	1.0
Net Income From Continuing Ops	-0.34	0.7	0.85	1.0	0.93	0.93	-0.76	0.89	0.83	0.95	0.94	1.0	1.0		0.95	0.88	0.89	0.89	1.0	-0.8	1.0
Ebitda	-0.42	0.82	0.95	0.95	0.94	0.94	-0.86	0.99	0.97	0.99	1.0	0.96	0.95	0.95		0.99	0.96	0.99	0.96	-0.69	0.95
Cost Of Revenue	-0.45	0.84	0.96	0.89	0.91	0.91	-0.88	1.0	0.99	0.98	0.99	0.91	0.89	0.88	0.99		0.95	1.0	0.9	-0.6	0.88
Total Operating Expenses	-0.42	0.72	0.94	0.89	0.86	0.86	-0.76	0.96	0.93	0.98	0.95	0.9	0.9	0.89	0.96	0.95		0.96	0.89	-0.76	0.89
Reconciled Depreciation	-0.45	0.84	0.96	0.89	0.91	0.91	-0.88	1.0	0.99	0.98	0.99	0.92	0.9	0.89	0.99	1.0	0.96		0.91	-0.61	0.89
Income Before Tax	-0.36	0.74	0.87	0.99	0.94	0.95	-0.79	0.91	0.85	0.95	0.95	1.0	1.0	1.0	0.96	0.9	0.89	0.91		-0.76	1.0
Total Other Income Expense Net	-0.03	-0.2	-0.54	-0.81	-0.57	-0.57	0.27	-0.61	-0.53	-0.75	-0.67	-0.76	-0.8	-0.8	-0.69	-0.6	-0.76	-0.61	-0.76		-0.8
Net Income	-0.34	0.7	0.85	1.0	0.93	0.93	-0.76	0.89	0.83	0.95	0.94	1.0	1.0	1.0	0.95	0.88	0.89	0.89	1.0	-0.8

Click cells to compare fundamentals

Topaz Energy Account Relationship Matchups

Topaz Energy income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	620K	3.0M	13.6M	29.8M	34.3M	36.0M
Other Operating Expenses	95.1M	168.1M	225.9M	236.0M	271.4M	285.0M
Ebit	4.7M	43.0M	143.0M	70.7M	81.3M	42.4M
Income Tax Expense	(992K)	6.7M	28.5M	21.3M	24.5M	25.7M
Tax Provision	(992K)	6.7M	28.5M	21.3M	24.5M	25.7M
Net Interest Income	(632K)	(3.4M)	(14.2M)	(29.8M)	(26.8M)	(25.5M)
Depreciation And Amortization	85.5M	155.5M	209.6M	217.5M	250.2M	149.6M
Selling General Administrative	4.8M	7.0M	7.9M	10.1M	11.6M	6.9M
Selling And Marketing Expenses	589K	1.3M	2.0M	1.5M	1.7M	1.2M
Total Revenue	89.6M	198.6M	356.7M	306.7M	352.7M	212.2M
Gross Profit	4.2M	43.2M	147.3M	82.3M	94.6M	61.2M
Operating Income	4.7M	43.1M	143.2M	70.7M	81.3M	57.7M
Net Income From Continuing Ops	3.1M	27.6M	99.4M	47.6M	54.8M	39.2M
Ebitda	90.2M	198.5M	352.6M	288.2M	331.4M	207.2M
Cost Of Revenue	85.5M	155.4M	209.5M	224.4M	258.1M	151.0M
Total Operating Expenses	9.6M	12.7M	16.5M	11.6M	13.3M	11.5M
Reconciled Depreciation	85.5M	155.4M	209.5M	217.4M	250.0M	149.5M
Income Before Tax	2.1M	34.2M	127.8M	68.9M	79.3M	51.4M
Total Other Income Expense Net	(2.7M)	(8.9M)	(15.3M)	(1.8M)	(1.6M)	(1.7M)
Net Income	3.1M	27.6M	99.4M	47.6M	54.8M	39.2M

Pair Trading with Topaz Energy

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 Topaz Energy 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 Topaz Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Topaz Stock

0.57	ENB-PFV	Enbridge Pref 5	Pair Corr
0.55	GOOG	Alphabet CDR	Pair Corr
0.54	ENB-PFU	Enbridge Pref L	Pair Corr
0.43	ENB-PFC	Enbridge Pref 11	Pair Corr

The ability to find closely correlated positions to Topaz Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Topaz Energy 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 Topaz Energy - 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 Topaz Energy Corp to buy it.

The correlation of Topaz Energy 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 Topaz Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Topaz Energy Corp 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 Topaz Energy 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.

Pair Correlation Correlation Matching

Other Information on Investing in Topaz Stock

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

Topaz Historical Income Statement

About Topaz Income Statement Analysis

Topaz Energy Income Statement Chart

Other Operating Expenses

Topaz Energy income statement Correlations

Topaz Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Topaz Energy income statement Accounts

Pair Trading with Topaz Energy

Moving against Topaz Stock

Other Information on Investing in Topaz Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Operating Income	+ 1.0	Ebit
Net Income From Continuing Ops	+ 1.0	Ebit
Net Income	+ 1.0	Ebit
Tax Provision	+ 1.0	Income Tax Expense
Cost Of Revenue	+ 1.0	Depreciation And Amortization
Reconciled Depreciation	+ 1.0	Depreciation And Amortization

Net Interest Income	- 0.98	Interest Expense
Net Interest Income	- 0.92	Tax Provision
Net Interest Income	- 0.92	Income Tax Expense
Net Interest Income	- 0.92	Other Operating Expenses
Selling General Administrative	- 0.89	Net Interest Income
Reconciled Depreciation	- 0.88	Net Interest Income