Winpak Historical Income Statement

WPK Stock

CAD 48.52 0.54 1.13%

Historical analysis of Winpak income statement accounts such as Depreciation And Amortization of 27.3 M, Interest Expense of 1.3 M, Total Revenue of 585.9 M or Gross Profit of 350.9 M can show how well Winpak performed in making a profits. Evaluating Winpak income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Winpak's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

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

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winpak. 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 Winpak Income Statement Analysis

Winpak 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 Winpak shareholders. The income statement also shows Winpak 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).

Winpak Income Statement Chart

At this time, Winpak's Total Other Income Expense Net is very stable compared to the past year. As of the 29th of November 2024, Net Income is likely to grow to about 155.5 M, while Depreciation And Amortization is likely to drop about 27.3 M.

Other Operating Expenses Research Development 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 Winpak. It is also known as Winpak 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 Winpak's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Winpak 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winpak. 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.

	2021	2022	2023	2024 (projected)
Interest Income	287K	5.5M	24.4M	25.6M
Tax Provision	35.3M	45.9M	52.2M	47.4M

Interest Income Tax Provision

Winpak income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		-0.57	0.97	0.87	0.93	0.86	0.87	0.95	0.89	0.97	0.97	0.82	0.03	0.81	0.79	0.92	0.66	0.67	-0.05	-0.23	0.23	0.17	0.51
Interest Expense	-0.57		-0.56	-0.57	-0.56	-0.61	-0.61	-0.59	-0.6	-0.54	-0.53	-0.58	0.06	-0.57	-0.55	-0.56	-0.43	-0.58	-0.12	0.18	-0.13	-0.07	-0.25
Total Revenue	0.97	-0.56		0.87	0.96	0.85	0.86	0.95	0.87	1.0	1.0	0.81	0.0	0.79	0.81	0.95	0.67	0.63	-0.15	-0.1	0.21	0.17	0.45
Gross Profit	0.87	-0.57	0.87		0.8	0.99	0.99	0.82	0.99	0.88	0.86	0.99	0.33	0.98	0.96	0.94	0.69	0.75	-0.24	0.01	0.53	0.49	0.61
Other Operating Expenses	0.93	-0.56	0.96	0.8		0.77	0.77	0.94	0.79	0.96	0.95	0.74	0.04	0.74	0.69	0.88	0.82	0.71	-0.29	-0.1	0.25	0.23	0.57
Operating Income	0.86	-0.61	0.85	0.99	0.77		1.0	0.82	1.0	0.84	0.83	0.99	0.33	0.98	0.97	0.91	0.65	0.79	-0.15	0.0	0.52	0.47	0.57
Ebit	0.87	-0.61	0.86	0.99	0.77	1.0		0.83	1.0	0.85	0.84	0.99	0.31	0.98	0.97	0.92	0.64	0.78	-0.13	-0.01	0.5	0.45	0.56
Research Development	0.95	-0.59	0.95	0.82	0.94	0.82	0.83		0.83	0.94	0.95	0.79	0.07	0.77	0.77	0.86	0.71	0.73	-0.11	-0.07	0.25	0.21	0.49
Ebitda	0.89	-0.6	0.87	0.99	0.79	1.0	1.0	0.83		0.87	0.85	0.99	0.31	0.98	0.96	0.92	0.66	0.78	-0.15	-0.04	0.5	0.45	0.59
Cost Of Revenue	0.97	-0.54	1.0	0.88	0.96	0.84	0.85	0.94	0.87		1.0	0.81	0.01	0.79	0.8	0.95	0.68	0.62	-0.19	-0.11	0.22	0.19	0.46
Total Operating Expenses	0.97	-0.53	1.0	0.86	0.95	0.83	0.84	0.95	0.85	1.0		0.79	0.0	0.77	0.79	0.95	0.65	0.61	-0.15	-0.09	0.2	0.17	0.44
Income Before Tax	0.82	-0.58	0.81	0.99	0.74	0.99	0.99	0.79	0.99	0.81	0.79		0.44	0.99	0.97	0.89	0.68	0.81	-0.21	0.07	0.61	0.57	0.62
Total Other Income Expense Net	0.03	0.06	0.0	0.33	0.04	0.33	0.31	0.07	0.31	0.01	0.0	0.44		0.48	0.34	0.17	0.41	0.51	-0.41	0.43	0.96	0.95	0.62
Net Income	0.81	-0.57	0.79	0.98	0.74	0.98	0.98	0.77	0.98	0.79	0.77	0.99	0.48		0.94	0.88	0.72	0.85	-0.24	0.04	0.66	0.61	0.68
Income Tax Expense	0.79	-0.55	0.81	0.96	0.69	0.97	0.97	0.77	0.96	0.8	0.79	0.97	0.34	0.94		0.9	0.55	0.68	-0.16	0.19	0.51	0.49	0.48
Selling General Administrative	0.92	-0.56	0.95	0.94	0.88	0.91	0.92	0.86	0.92	0.95	0.95	0.89	0.17	0.88	0.9		0.64	0.65	-0.19	0.03	0.38	0.35	0.5
Selling And Marketing Expenses	0.66	-0.43	0.67	0.69	0.82	0.65	0.64	0.71	0.66	0.68	0.65	0.68	0.41	0.72	0.55	0.64		0.83	-0.6	0.02	0.58	0.58	0.87
Net Income From Continuing Ops	0.67	-0.58	0.63	0.75	0.71	0.79	0.78	0.73	0.78	0.62	0.61	0.81	0.51	0.85	0.68	0.65	0.83		-0.22	0.04	0.66	0.6	0.73
Minority Interest	-0.05	-0.12	-0.15	-0.24	-0.29	-0.15	-0.13	-0.11	-0.15	-0.19	-0.15	-0.21	-0.41	-0.24	-0.16	-0.19	-0.6	-0.22		-0.31	-0.44	-0.55	-0.54
Tax Provision	-0.23	0.18	-0.1	0.01	-0.1	0.0	-0.01	-0.07	-0.04	-0.11	-0.09	0.07	0.43	0.04	0.19	0.03	0.02	0.04	-0.31		0.42	0.5	0.0
Interest Income	0.23	-0.13	0.21	0.53	0.25	0.52	0.5	0.25	0.5	0.22	0.2	0.61	0.96	0.66	0.51	0.38	0.58	0.66	-0.44	0.42		0.99	0.74
Net Interest Income	0.17	-0.07	0.17	0.49	0.23	0.47	0.45	0.21	0.45	0.19	0.17	0.57	0.95	0.61	0.49	0.35	0.58	0.6	-0.55	0.5	0.99		0.73
Reconciled Depreciation	0.51	-0.25	0.45	0.61	0.57	0.57	0.56	0.49	0.59	0.46	0.44	0.62	0.62	0.68	0.48	0.5	0.87	0.73	-0.54	0.0	0.74	0.73

Click cells to compare fundamentals

Winpak Account Relationship Matchups

Winpak income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	45.1M	46.3M	47.3M	49.4M	49.5M	27.3M
Interest Expense	523K	783K	819K	769K	884K	1.3M
Total Revenue	873.8M	852.5M	1.0B	1.2B	1.1B	585.9M
Gross Profit	273.6M	263.6M	274.4M	331.8M	334.2M	350.9M
Other Operating Expenses	718.9M	705.7M	860.8M	1.0B	960.7M	532.3M
Operating Income	155.0M	146.8M	142.4M	172.3M	180.7M	189.7M
Ebit	160.3M	148.5M	142.4M	174.9M	177.8M	186.7M
Research Development	16.9M	16.5M	17.8M	18.2M	20.3M	12.5M
Ebitda	205.4M	194.8M	189.7M	224.2M	227.4M	238.7M
Cost Of Revenue	600.3M	588.9M	727.5M	849.4M	807.3M	421.6M
Total Operating Expenses	118.6M	116.8M	133.3M	155.8M	153.5M	78.9M
Income Before Tax	159.8M	147.7M	141.6M	174.1M	199.8M	209.8M
Total Other Income Expense Net	4.8M	955K	(825K)	(2.0M)	19.1M	20.0M
Net Income	114.8M	106.3M	103.8M	128.3M	148.1M	155.5M
Income Tax Expense	41.7M	38.8M	35.3M	45.9M	52.2M	54.8M
Selling General Administrative	34.0M	32.4M	31.6M	42.2M	41.2M	33.0M
Selling And Marketing Expenses	67.7M	67.9M	83.8M	95.4M	93.2M	75.7M
Net Income From Continuing Ops	118.1M	108.9M	106.3M	128.2M	147.6M	120.5M
Net Income Applicable To Common Shares	114.8M	106.3M	103.8M	128.3M	147.6M	113.8M
Minority Interest	31.0M	33.6M	(2.5M)	118K	537K	510.2K
Tax Provision	41.7M	38.8M	35.3M	45.9M	52.2M	47.4M
Interest Income	8.2M	3.2M	287K	5.5M	24.4M	25.6M
Net Interest Income	4.8M	955K	94K	5.6M	23.5M	24.7M
Reconciled Depreciation	45.1M	46.3M	47.3M	49.4M	49.5M	50.0M

Pair Trading with Winpak

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

Moving together with Winpak Stock

0.86	IE	Ivanhoe Energy	Pair Corr
0.74	FDY	Faraday Copper Corp	Pair Corr

Moving against Winpak Stock

0.52	INFM	Infinico Metals Corp	Pair Corr
0.31	ORE	Orezone Gold Corp	Pair Corr

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

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

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Winpak Historical Income Statement

About Winpak Income Statement Analysis

Winpak Income Statement Chart

Other Operating Expenses

Winpak income statement Correlations

Winpak Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Winpak income statement Accounts

Pair Trading with Winpak

Moving together with Winpak Stock

Moving against Winpak Stock

Other Information on Investing in Winpak Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Total Revenue
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Total Operating Expenses	+ 1.0	Cost Of Revenue

Ebit	- 0.61	Interest Expense
Operating Income	- 0.61	Interest Expense
Minority Interest	- 0.6	Selling And Marketing Expenses
Ebitda	- 0.6	Interest Expense
Research Development	- 0.59	Interest Expense
Net Income From Continuing Ops	- 0.58	Interest Expense