Whitestone Historical Income Statement

WSR Stock

USD 14.73 0.07 0.48%

Historical analysis of Whitestone REIT income statement accounts such as Depreciation And Amortization of 26.2 M, Interest Expense of 34.5 M, Selling General Administrative of 13.8 M or Total Revenue of 77.9 M can show how well Whitestone REIT performed in making a profits. Evaluating Whitestone REIT income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Whitestone REIT's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Whitestone REIT 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 Whitestone REIT 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 Whitestone REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Whitestone Stock, please use our How to Invest in Whitestone REIT guide.

About Whitestone Income Statement Analysis

Whitestone REIT 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 Whitestone REIT shareholders. The income statement also shows Whitestone 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).

Whitestone REIT Income Statement Chart

At this time, Whitestone REIT's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 11/22/2024, Research Development is likely to grow to 0.14, while Selling General Administrative is likely to drop slightly above 13.8 M.

Gross Profit Other Operating Expenses

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Whitestone REIT minus its cost of goods sold. It is profit before Whitestone REIT 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Whitestone REIT. It is also known as Whitestone REIT 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 Whitestone REIT's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Whitestone REIT 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 Whitestone REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Whitestone Stock, please use our How to Invest in Whitestone REIT guide.At this time, Whitestone REIT's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 11/22/2024, Research Development is likely to grow to 0.14, while Selling General Administrative is likely to drop slightly above 13.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	24.6M	27.2M	32.9M	34.5M
Depreciation And Amortization	85.4M	93.0M	33.0M	26.2M

Interest Expense Depreciation And Amortization

Whitestone REIT income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Net Income	Income Tax Expense	Income Before Tax	Total Other Income Expense Net	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Discontinued Operations	Extraordinary Items	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Non Recurring
Depreciation And Amortization		0.56	0.49	0.66	0.66	0.68	0.33	-0.6	0.53	0.64	0.64	0.48	-0.24	-0.26	0.26	-0.05	-0.16	0.68	0.01	-0.38	0.3	-0.43	-0.46	0.45	0.0
Interest Expense	0.56		0.72	0.84	0.84	0.74	0.91	0.31	0.99	0.83	0.61	0.74	-0.44	-0.48	0.47	0.12	-0.13	0.83	-0.44	-0.8	0.46	-0.89	-0.29	0.6	-0.55
Selling General Administrative	0.49	0.72		0.9	0.89	0.95	0.45	0.14	0.69	0.91	0.88	0.45	-0.54	-0.56	0.56	0.19	-0.29	0.4	-0.69	-0.75	-0.06	-0.35	0.07	0.07	0.03
Total Revenue	0.66	0.84	0.9		1.0	0.92	0.64	0.09	0.83	0.99	0.78	0.68	-0.47	-0.51	0.5	0.16	-0.16	0.62	-0.46	-0.76	0.3	-0.58	-0.16	0.4	-0.12
Gross Profit	0.66	0.84	0.89	1.0		0.91	0.65	0.09	0.84	0.99	0.78	0.7	-0.44	-0.47	0.47	0.17	-0.18	0.64	-0.46	-0.76	0.31	-0.6	-0.16	0.41	-0.13
Other Operating Expenses	0.68	0.74	0.95	0.92	0.91		0.44	-0.05	0.71	0.93	0.96	0.57	-0.55	-0.57	0.57	0.22	-0.21	0.48	-0.6	-0.72	0.05	-0.38	-0.01	0.14	0.08
Operating Income	0.33	0.91	0.45	0.64	0.65	0.44		0.49	0.93	0.61	0.27	0.73	-0.23	-0.27	0.26	0.1	-0.05	0.84	-0.27	-0.66	0.65	-0.96	-0.42	0.76	-0.78
Ebit	-0.6	0.31	0.14	0.09	0.09	-0.05	0.49		0.36	0.08	-0.14	0.25	-0.08	-0.1	0.09	0.25	0.04	0.03	-0.43	-0.32	0.15	-0.35	0.28	0.06	-0.48
Ebitda	0.53	0.99	0.69	0.83	0.84	0.71	0.93	0.36		0.8	0.58	0.82	-0.36	-0.41	0.4	0.19	-0.14	0.84	-0.44	-0.78	0.52	-0.9	-0.27	0.61	-0.56
Cost Of Revenue	0.64	0.83	0.91	0.99	0.99	0.93	0.61	0.08	0.8		0.8	0.62	-0.55	-0.58	0.58	0.13	-0.11	0.57	-0.47	-0.75	0.27	-0.55	-0.16	0.37	-0.11
Total Operating Expenses	0.64	0.61	0.88	0.78	0.78	0.96	0.27	-0.14	0.58	0.8		0.49	-0.49	-0.51	0.52	0.27	-0.27	0.36	-0.65	-0.64	-0.12	-0.22	0.1	-0.05	0.22
Net Income	0.48	0.74	0.45	0.68	0.7	0.57	0.73	0.25	0.82	0.62	0.49		-0.18	-0.21	0.21	0.32	-0.08	0.69	-0.3	-0.59	0.49	-0.7	-0.13	0.53	-0.36
Income Tax Expense	-0.24	-0.44	-0.54	-0.47	-0.44	-0.55	-0.23	-0.08	-0.36	-0.55	-0.49	-0.18		1.0	-1.0	0.0	-0.21	-0.19	0.26	0.3	-0.02	0.19	0.02	-0.09	0.06
Income Before Tax	-0.26	-0.48	-0.56	-0.51	-0.47	-0.57	-0.27	-0.1	-0.41	-0.58	-0.51	-0.21	1.0		-1.0	0.0	-0.21	-0.23	0.27	0.34	-0.06	0.23	0.05	-0.13	0.1
Total Other Income Expense Net	0.26	0.47	0.56	0.5	0.47	0.57	0.26	0.09	0.4	0.58	0.52	0.21	-1.0	-1.0		0.01	0.21	0.21	-0.28	-0.34	0.05	-0.21	-0.03	0.11	-0.08
Minority Interest	-0.05	0.12	0.19	0.16	0.17	0.22	0.1	0.25	0.19	0.13	0.27	0.32	0.0	0.0	0.01		-0.06	0.21	-0.32	-0.06	0.07	-0.03	0.38	-0.3	0.33
Net Income From Continuing Ops	-0.16	-0.13	-0.29	-0.16	-0.18	-0.21	-0.05	0.04	-0.14	-0.11	-0.27	-0.08	-0.21	-0.21	0.21	-0.06		-0.13	0.35	0.31	0.12	0.07	-0.01	0.04	-0.04
Non Operating Income Net Other	0.68	0.83	0.4	0.62	0.64	0.48	0.84	0.03	0.84	0.57	0.36	0.69	-0.19	-0.23	0.21	0.21	-0.13		-0.06	-0.5	0.61	-0.88	-0.51	0.73	-0.54
Discontinued Operations	0.01	-0.44	-0.69	-0.46	-0.46	-0.6	-0.27	-0.43	-0.44	-0.47	-0.65	-0.3	0.26	0.27	-0.28	-0.32	0.35	-0.06		0.74	0.25	0.13	-0.36	0.22	-0.03
Extraordinary Items	-0.38	-0.8	-0.75	-0.76	-0.76	-0.72	-0.66	-0.32	-0.78	-0.75	-0.64	-0.59	0.3	0.34	-0.34	-0.06	0.31	-0.5	0.74		-0.14	0.59	0.06	-0.34	0.29
Tax Provision	0.3	0.46	-0.06	0.3	0.31	0.05	0.65	0.15	0.52	0.27	-0.12	0.49	-0.02	-0.06	0.05	0.07	0.12	0.61	0.25	-0.14		-0.72	-0.55	0.74	-0.55
Net Interest Income	-0.43	-0.89	-0.35	-0.58	-0.6	-0.38	-0.96	-0.35	-0.9	-0.55	-0.22	-0.7	0.19	0.23	-0.21	-0.03	0.07	-0.88	0.13	0.59	-0.72		0.45	-0.79	0.77
Interest Income	-0.46	-0.29	0.07	-0.16	-0.16	-0.01	-0.42	0.28	-0.27	-0.16	0.1	-0.13	0.02	0.05	-0.03	0.38	-0.01	-0.51	-0.36	0.06	-0.55	0.45		-0.83	0.55
Reconciled Depreciation	0.45	0.6	0.07	0.4	0.41	0.14	0.76	0.06	0.61	0.37	-0.05	0.53	-0.09	-0.13	0.11	-0.3	0.04	0.73	0.22	-0.34	0.74	-0.79	-0.83		-0.78
Non Recurring	0.0	-0.55	0.03	-0.12	-0.13	0.08	-0.78	-0.48	-0.56	-0.11	0.22	-0.36	0.06	0.1	-0.08	0.33	-0.04	-0.54	-0.03	0.29	-0.55	0.77	0.55	-0.78

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Whitestone REIT Account Relationship Matchups

Whitestone REIT income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	26.7M	90.3M	85.4M	93.0M	33.0M	26.2M
Interest Expense	26.3M	25.8M	24.6M	27.2M	32.9M	34.5M
Selling General Administrative	21.7M	21.3M	22.6M	18.1M	20.7M	13.8M
Total Revenue	119.3M	117.9M	125.4M	140.6M	147.9M	77.9M
Gross Profit	82.3M	79.3M	86.0M	97.3M	102.0M	52.2M
Other Operating Expenses	85.3M	88.2M	90.9M	94.2M	66.6M	55.3M
Operating Income	49.7M	30.9M	35.2M	46.7M	77.3M	81.2M
Ebit	49.7M	(31.0M)	(21.2M)	(14.6M)	54.2M	56.9M
Ebitda	76.4M	59.2M	64.1M	78.4M	87.2M	91.5M
Cost Of Revenue	36.9M	38.6M	39.3M	43.3M	46.0M	25.6M
Total Operating Expenses	48.4M	49.6M	51.6M	50.9M	20.7M	29.6M
Net Income	23.7M	6.0M	12.0M	35.3M	19.2M	20.1M
Income Tax Expense	400K	379K	385K	422K	450K	472.5K
Income Before Tax	24.0M	6.5M	10.8M	36.2M	19.9M	18.9M
Total Other Income Expense Net	(25.6M)	(26.8M)	(29.1M)	(11.3M)	(57.4M)	(60.3M)
Minority Interest	7.8M	117K	205K	530K	(539K)	(512.1K)
Net Income Applicable To Common Shares	23.6M	6.0M	12.0M	35.3M	40.6M	42.6M
Net Income From Continuing Ops	23.6M	6.2M	10.4M	35.8M	38.1M	23.3M
Tax Provision	400K	379K	385K	422K	448K	419.0K
Net Interest Income	(25.6M)	(25.5M)	(24.4M)	(27.1M)	(32.6M)	(34.2M)
Interest Income	659K	278K	116K	65K	71K	67.5K
Reconciled Depreciation	26.7M	28.3M	29.0M	31.7M	32.7M	31.6M

Pair Trading with Whitestone REIT

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

Moving together with Whitestone Stock

0.88	UE	Urban Edge Properties	Pair Corr
0.64	AHR	American Healthcare REIT,	Pair Corr

Moving against Whitestone Stock

0.84	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.75	UK	Ucommune International	Pair Corr
0.7	FR	First Industrial Realty	Pair Corr
0.67	HPP	Hudson Pacific Properties Downward Rally	Pair Corr
0.66	RC	Ready Capital Corp	Pair Corr

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

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

Additional Tools for Whitestone Stock Analysis

When running Whitestone REIT's price analysis, check to measure Whitestone REIT'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 Whitestone REIT is operating at the current time. Most of Whitestone REIT's value examination focuses on studying past and present price action to predict the probability of Whitestone REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whitestone REIT's price. Additionally, you may evaluate how the addition of Whitestone REIT to your portfolios can decrease your overall portfolio volatility.

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Whitestone Historical Income Statement

About Whitestone Income Statement Analysis

Whitestone REIT Income Statement Chart

Gross Profit

Other Operating Expenses

Whitestone REIT income statement Correlations

Whitestone REIT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Whitestone REIT income statement Accounts

Pair Trading with Whitestone REIT

Moving together with Whitestone Stock

Moving against Whitestone Stock

Additional Tools for Whitestone Stock Analysis

COMMON DESTINATIONS

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Gross Profit	+ 1.0	Total Revenue
Income Before Tax	+ 1.0	Income Tax Expense
Ebitda	+ 0.99	Interest Expense
Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Gross Profit
Total Operating Expenses	+ 0.96	Other Operating Expenses

Total Other Income Expense Net	- 1.0	Income Before Tax
Total Other Income Expense Net	- 1.0	Income Tax Expense
Net Interest Income	- 0.96	Operating Income
Net Interest Income	- 0.9	Ebitda
Net Interest Income	- 0.89	Interest Expense
Net Interest Income	- 0.88	Non Operating Income Net Other