Yangarra Historical Income Statement
YGR Stock | CAD 1.02 0.03 3.03% |
Historical analysis of Yangarra Resources income statement accounts such as Interest Expense of 12.5 M, Selling General Administrative of 4 M, Other Operating Expenses of 87.5 M or Operating Income of 72.4 M can show how well Yangarra Resources performed in making a profits. Evaluating Yangarra Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Yangarra Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Yangarra Resources 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 Yangarra Resources is a good buy for the upcoming year.
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About Yangarra Income Statement Analysis
Yangarra Resources 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 Yangarra Resources shareholders. The income statement also shows Yangarra 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).
Yangarra Resources 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 Yangarra Resources. It is also known as Yangarra Resources 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.Total Revenue
Total revenue comprises all receipts Yangarra Resources 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.Most accounts from Yangarra Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Yangarra Resources 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 Yangarra Resources. 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, Yangarra Resources' Net Income is very stable compared to the past year. As of the 29th of November 2024, Income Tax Expense is likely to grow to about 17.3 M, while Selling General Administrative is likely to drop about 4 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 140.3M | 223.9M | 152.3M | 159.9M | Depreciation And Amortization | 27.3M | 38.0M | 40.0M | 42.0M |
Yangarra Resources income statement Correlations
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Yangarra Resources Account Relationship Matchups
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Yangarra Resources income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 7.6M | 11.4M | 11.5M | 11.8M | 11.9M | 12.5M | |
Selling General Administrative | 11.6M | 8.9M | 7.9M | 4.7M | 7.5M | 4.0M | |
Other Operating Expenses | 88.1M | 62.6M | 62.2M | 72.0M | 83.3M | 87.5M | |
Operating Income | 55.7M | 23.0M | 77.6M | 151.9M | 69.0M | 72.4M | |
Ebitda | 94.4M | 49.3M | 104.6M | 187.0M | 115.5M | 121.3M | |
Total Operating Expenses | 12.5M | 9.1M | 8.0M | 4.7M | 27.4M | 28.8M | |
Income Before Tax | 48.0M | 7.4M | 65.2M | 137.7M | 63.2M | 66.3M | |
Total Other Income Expense Net | (7.9M) | (15.7M) | (12.4M) | (14.1M) | (5.8M) | (5.5M) | |
Net Income | 43.3M | 4.8M | 50.0M | 106.4M | 46.7M | 49.0M | |
Income Tax Expense | 4.7M | 2.5M | 15.2M | 31.4M | 16.5M | 17.3M | |
Depreciation And Amortization | 38.6M | 30.4M | 27.3M | 38.0M | 40.0M | 42.0M | |
Total Revenue | 144.0M | 85.7M | 140.3M | 223.9M | 152.3M | 159.9M | |
Gross Profit | 68.4M | 32.2M | 86.1M | 156.6M | 76.4M | 80.2M | |
Ebit | 55.7M | 18.9M | 77.2M | 149.0M | 75.6M | 79.3M | |
Cost Of Revenue | 75.6M | 53.5M | 54.2M | 67.3M | 75.8M | 79.6M | |
Net Income From Continuing Ops | 43.3M | 4.8M | 50.0M | 100.9M | 46.7M | 33.1M | |
Net Income Applicable To Common Shares | 43.3M | 4.8M | 50.0M | 106.4M | 122.3M | 128.4M | |
Tax Provision | 4.7M | 2.5M | 15.2M | 31.4M | 16.5M | 11.5M | |
Interest Income | 6.8M | 204K | 12.4M | 13.6M | 90K | 85.5K | |
Net Interest Income | (7.8M) | (11.5M) | (12.0M) | (11.0M) | (12.4M) | (13.0M) | |
Reconciled Depreciation | 38.4M | 30.3M | 27.2M | 36.2M | 39.4M | 35.5M |
Pair Trading with Yangarra Resources
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 Yangarra Resources 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 Yangarra Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Yangarra Stock
0.63 | ENS-PA | E Split Corp | PairCorr |
0.56 | ENS | E Split Corp | PairCorr |
0.54 | ENB-PFV | Enbridge Pref 5 | PairCorr |
0.34 | ENB-PFU | Enbridge Pref L | PairCorr |
The ability to find closely correlated positions to Yangarra Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yangarra Resources 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 Yangarra Resources - 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 Yangarra Resources to buy it.
The correlation of Yangarra Resources 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 Yangarra Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yangarra Resources 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 Yangarra Resources 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 Yangarra Stock
Yangarra Resources 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 Yangarra Resources shareholders. The income statement also shows Yangarra 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).