Urbana Historical Income Statement
URB-A Stock | CAD 5.40 0.17 3.05% |
Historical analysis of Urbana income statement accounts such as Total Revenue of 83.2 M, Gross Profit of 74.1 M, Other Operating Expenses of 83.2 M or Operating Income of 72.2 M can show how well Urbana performed in making a profits. Evaluating Urbana income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Urbana's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Urbana 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 Urbana is a good buy for the upcoming year.
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About Urbana Income Statement Analysis
Urbana 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 Urbana shareholders. The income statement also shows Urbana 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).
Urbana Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Urbana. It is also known as Urbana 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.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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Urbana financial statement analysis. It represents the amount of money remaining after all of Urbana operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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.Most accounts from Urbana's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Urbana 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 Urbana. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Urbana's Net Income is comparatively stable compared to the past year. Depreciation And Amortization is likely to gain to about 11.9 M in 2024, whereas Tax Provision is likely to drop slightly above 4.2 M in 2024.
Urbana income statement Correlations
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Urbana Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Urbana income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Revenue | 58.5M | 16.0M | 69.7M | 23.4M | 79.2M | 83.2M | |
Gross Profit | 54.3M | 10.2M | 62.7M | 15.6M | 70.6M | 74.1M | |
Other Operating Expenses | 1.7M | 1.7M | 1.7M | 2.0M | 79.2M | 83.2M | |
Operating Income | 56.8M | 14.3M | 68.0M | 21.5M | 68.8M | 72.2M | |
Ebitda | 56.8M | 14.9M | 68.0M | 21.5M | 80.1M | 84.1M | |
Total Operating Expenses | 1.7M | 1.7M | 1.7M | 2.0M | 79.2M | 83.2M | |
Income Before Tax | 56.8M | 14.3M | 68.0M | 21.5M | 77.4M | 81.3M | |
Total Other Income Expense Net | (382.4K) | 5.8M | (718.9K) | (1.3M) | 8.6M | 9.0M | |
Net Income | 50.7M | 13.1M | 60.0M | 18.9M | 69.5M | 73.0M | |
Depreciation And Amortization | (49.7M) | 10.3M | (53.1M) | (9.5M) | 11.3M | 11.9M | |
Interest Expense | 382.4K | 557.5K | 718.9K | 1.3M | 2.7M | 2.8M | |
Ebit | 106.5M | 4.6M | 121.1M | 30.9M | 68.8M | 72.2M | |
Income Tax Expense | 6.1M | 1.3M | 8.0M | 2.6M | 7.9M | 8.3M | |
Selling General Administrative | 1.7M | 1.7M | 1.7M | 2.0M | 1.8M | 2.0M | |
Cost Of Revenue | 4.3M | 5.8M | 7.0M | 7.9M | 8.6M | 4.7M | |
Net Income From Continuing Ops | 50.7M | 13.1M | 60.0M | 18.9M | 69.5M | 73.0M | |
Net Income Applicable To Common Shares | 50.7M | 13.1M | 60.0M | 18.9M | 21.8M | 26.7M | |
Tax Provision | 6.1M | 1.3M | 8.0M | 2.6M | 7.9M | 4.2M | |
Net Interest Income | (234.0K) | (187.1K) | (356.9K) | (776.0K) | (2.2M) | (2.1M) | |
Interest Income | 148.4K | 370.4K | 362.0K | 503.5K | 490.1K | 352.9K | |
Research Development | 7.98 | 0.57 | 4.35 | 1.62 | 5.25 | 3.53 |
Pair Trading with Urbana
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 Urbana 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 Urbana will appreciate offsetting losses from the drop in the long position's value.Moving together with Urbana Stock
0.68 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
0.69 | RY | Royal Bank Earnings Call This Week | PairCorr |
0.66 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
0.77 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
Moving against Urbana Stock
0.36 | TD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Urbana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Urbana 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 Urbana - 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 Urbana to buy it.
The correlation of Urbana 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 Urbana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urbana 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 Urbana 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.Additional Tools for Urbana Stock Analysis
When running Urbana's price analysis, check to measure Urbana'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 Urbana is operating at the current time. Most of Urbana's value examination focuses on studying past and present price action to predict the probability of Urbana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Urbana's price. Additionally, you may evaluate how the addition of Urbana to your portfolios can decrease your overall portfolio volatility.