Xtract Historical Income Statement
| XTRA Stock | 0.67 0.02 2.90% |
Historical analysis of Xtract One income statement accounts such as Depreciation And Amortization of 1.1 M, Selling General Administrative of 5.6 M, Other Operating Expenses of 24.3 M or Research Development of 7.5 M can show how well Xtract One Technologies performed in making a profits. Evaluating Xtract One income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Xtract One's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Xtract One Technologies 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 Xtract One Technologies is a good buy for the upcoming year.
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About Xtract Income Statement Analysis
Xtract One Technologies 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 Xtract One shareholders. The income statement also shows Xtract 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).
Xtract One 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 Xtract One Technologies. It is also known as Xtract One 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 Xtract One Technologies financial statement analysis. It represents the amount of money remaining after all of Xtract One Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Xtract One's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Xtract One Technologies 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 Xtract One Technologies. 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, Xtract One's Total Revenue is very stable compared to the past year.
Xtract One income statement Correlations
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Xtract One Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xtract One income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.4M | 1.8M | 1.6M | 1.7M | 2.0M | 1.1M | |
| Selling General Administrative | 15.8M | 7.8M | 9.4M | 8.7M | 10.0M | 5.6M | |
| Other Operating Expenses | 25.0M | 13.9M | 17.4M | 20.1M | 23.1M | 24.3M | |
| Operating Income | 23.4M | 12.8M | (39.9M) | (16.5M) | (14.9M) | (14.1M) | |
| Ebit | (22.6M) | (12.8M) | 12.1M | (15.4M) | (13.9M) | (13.2M) | |
| Research Development | 5.4M | 2.8M | 4.5M | 6.2M | 7.1M | 7.5M | |
| Ebitda | (20.2M) | (11.0M) | 13.7M | (13.7M) | (12.3M) | (11.7M) | |
| Total Operating Expenses | 25.0M | 13.9M | 17.4M | 20.1M | 23.1M | 24.3M | |
| Income Before Tax | (25.5M) | (16.7M) | (39.7M) | (16.3M) | (14.7M) | (15.4M) | |
| Total Other Income Expense Net | (3.0M) | (4.0M) | (25.9M) | (524.2K) | (471.8K) | (495.4K) | |
| Net Income | (25.1M) | (16.6M) | (39.7M) | (16.3M) | (14.7M) | (15.4M) | |
| Income Tax Expense | (332.8K) | (169.9K) | 25.9M | 363.1K | 417.6K | 396.7K | |
| Selling And Marketing Expenses | 1.4M | 1.5M | 2.0M | 2.8M | 3.2M | 3.4M | |
| Gross Profit | 1.9M | 1.1M | 3.3M | 2.4M | 2.7M | 2.9M | |
| Cost Of Revenue | 194.1K | 28.1K | 277.3K | 1.7M | 2.0M | 2.1M | |
| Total Revenue | 2.1M | 1.1M | 3.6M | 4.1M | 4.7M | 5.0M | |
| Net Income Applicable To Common Shares | (25.1M) | (16.6M) | (39.7M) | (16.3M) | (14.7M) | (15.4M) | |
| Interest Income | 2.1M | 4.0M | 31.3K | 106.0K | 95.4K | 90.7K |
Pair Trading with Xtract One
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 Xtract One 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 Xtract One will appreciate offsetting losses from the drop in the long position's value.Moving together with Xtract Stock
Moving against Xtract Stock
| 0.56 | DELX | DelphX Capital Markets Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Xtract One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xtract One 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 Xtract One - 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 Xtract One Technologies to buy it.
The correlation of Xtract One 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 Xtract One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xtract One Technologies 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 Xtract One 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 Xtract Stock
Xtract One Technologies 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 Xtract One shareholders. The income statement also shows Xtract 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).