Trisura Historical Income Statement
TSU Stock | CAD 40.38 0.09 0.22% |
Historical analysis of Trisura income statement accounts such as Selling General Administrative of 632.8 M, Total Revenue of 3 B, Gross Profit of 3 B or Other Operating Expenses of 1.2 M can show how well Trisura Group performed in making a profits. Evaluating Trisura income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Trisura's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Trisura Group 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 Trisura Group is a good buy for the upcoming year.
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About Trisura Income Statement Analysis
Trisura Group 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 Trisura shareholders. The income statement also shows Trisura 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).
Trisura Income Statement Chart
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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.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Trisura Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Trisura Group minus its cost of goods sold. It is profit before Trisura 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.Most accounts from Trisura's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Trisura Group 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 Trisura Group. 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, Trisura's Operating Income is very stable compared to the past year. As of the 29th of November 2024, Net Income From Continuing Ops is likely to grow to about 70.3 M, though Net Interest Income is likely to grow to (2.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.9M | 3.6M | 1.7M | 2.4M | Interest Income | 17.4M | 24.9M | 54.4M | 57.1M |
Trisura income statement Correlations
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Trisura Account Relationship Matchups
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High Negative Relationship
Trisura income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 6.1M | 7.0M | 17.9M | 10.8M | 23.5M | 24.7M | |
Net Interest Income | (1.4M) | (1.1M) | (1.6M) | (2.6M) | (2.4M) | (2.3M) | |
Interest Income | 16.0M | 14.8M | 17.4M | 24.9M | 54.4M | 57.1M | |
Depreciation And Amortization | 2.5M | 2.6M | 3.9M | 3.6M | 1.7M | 2.4M | |
Interest Expense | 1.4M | 1.1M | 1.6M | 2.6M | 2.4M | 1.6M | |
Selling General Administrative | 82.9M | 169.6M | 301.6M | 524.1M | 602.7M | 632.8M | |
Total Revenue | 137.5M | 226.6M | 349.9M | 526.1M | 2.8B | 3.0B | |
Gross Profit | 137.5M | 226.6M | 349.9M | 526.1M | 2.8B | 3.0B | |
Other Operating Expenses | 126.3M | 187.2M | 269.4M | 490.7M | 1.3M | 1.2M | |
Operating Income | 11.2M | 39.5M | 80.4M | 38.1M | 2.8B | 3.0B | |
Net Income From Continuing Ops | 5.1M | 32.4M | 62.6M | 24.7M | 66.9M | 70.3M | |
Ebit | 12.6M | 40.6M | 82.1M | 34.8M | 92.8M | 97.5M | |
Ebitda | 15.1M | 43.2M | 86.0M | 38.4M | 94.5M | 99.2M | |
Cost Of Revenue | 52.6M | 49.3M | 87.5M | (3.8M) | (3.4M) | (3.3M) | |
Total Operating Expenses | (126.3M) | (187.2M) | (269.4M) | (488.0M) | 1.3M | 1.4M | |
Income Before Tax | 11.2M | 39.5M | 80.4M | 35.4M | 90.4M | 94.9M | |
Total Other Income Expense Net | (79.9M) | (123.7M) | (190.5M) | 47.4M | (2.7B) | (2.6B) | |
Net Income Applicable To Common Shares | 5.0M | 32.4M | 62.6M | 24.7M | 28.3M | 21.7M | |
Net Income | 5.1M | 32.4M | 62.6M | 27.8M | 66.9M | 70.3M | |
Income Tax Expense | 6.1M | 7.0M | 17.9M | 10.8M | 23.5M | 24.7M | |
Reconciled Depreciation | 2.5M | 2.6M | 3.9M | 3.6M | 1.7M | 2.6M |
Pair Trading with Trisura
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 Trisura 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 Trisura will appreciate offsetting losses from the drop in the long position's value.Moving against Trisura Stock
The ability to find closely correlated positions to Trisura could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trisura 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 Trisura - 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 Trisura Group to buy it.
The correlation of Trisura 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 Trisura moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trisura Group 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 Trisura 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 Trisura Stock
Trisura Group 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 Trisura shareholders. The income statement also shows Trisura 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).