Ermenegildo Historical Income Statement
| ZGN Stock | USD 8.09 0.21 2.66% |
Historical analysis of Ermenegildo Zegna income statement accounts such as Tax Provision of 34.5 M, Interest Income of 3.3 M, Depreciation And Amortization of 190.8 M or Interest Expense of 20.8 M can show how well Ermenegildo Zegna NV performed in making a profits. Evaluating Ermenegildo Zegna income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ermenegildo Zegna's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ermenegildo Zegna 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 Ermenegildo Zegna is a good buy for the upcoming year.
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About Ermenegildo Income Statement Analysis
Ermenegildo Zegna 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 Ermenegildo Zegna shareholders. The income statement also shows Ermenegildo 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).
Ermenegildo Zegna Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Ermenegildo Zegna 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ermenegildo Zegna NV minus its cost of goods sold. It is profit before Ermenegildo Zegna 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.Most accounts from Ermenegildo Zegna's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ermenegildo Zegna 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 Ermenegildo Zegna NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Ermenegildo Zegna's 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 34.5 M, while Net Interest Income is likely to drop (27 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 160.3M | 168.8M | 193.2M | 190.8M | Interest Income | 3.0M | 1.7M | 2.9M | 3.3M |
Ermenegildo Zegna income statement Correlations
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Ermenegildo Zegna Account Relationship Matchups
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High Negative Relationship
Ermenegildo Zegna income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 43.8M | 15.0M | 30.7M | 35.8M | 33.4M | 34.5M | |
| Net Interest Income | (21.3M) | (22.4M) | (20.3M) | (29.4M) | (25.7M) | (27.0M) | |
| Interest Income | 6.2M | 3.9M | 3.0M | 1.7M | 2.9M | 3.3M | |
| Depreciation And Amortization | 191.4M | 166.2M | 160.3M | 168.8M | 193.2M | 190.8M | |
| Interest Expense | 18.8M | 16.4M | 13.9M | 16.0M | 30.7M | 20.8M | |
| Selling General Administrative | 513.5M | 406.9M | 567.5M | 397.2M | 901.4M | 598.4M | |
| Selling And Marketing Expenses | 128.3M | 103.4M | 106.5M | 76.6M | 114.8M | 88.3M | |
| Total Revenue | 1.3B | 1.0B | 1.3B | 1.5B | 1.9B | 1.5B | |
| Gross Profit | 931.8M | 698.8M | 925.1M | 743.6M | 1.2B | 991.0M | |
| Other Operating Expenses | 1.2B | 1.0B | 1.2B | 1.3B | 1.7B | 1.4B | |
| Operating Income | 88.6M | (4.3M) | 80.6M | 147.8M | 208.1M | 112.9M | |
| Net Income From Continuing Ops | 25.4M | (46.5M) | (127.7M) | 65.3M | 135.7M | 142.4M | |
| Ebit | 88.6M | (15.2M) | (89.2M) | 120.2M | 199.8M | 209.8M | |
| Ebitda | 280.0M | 151.0M | 71.1M | 289.0M | 393.0M | 262.9M | |
| Cost Of Revenue | 389.5M | 316.0M | 367.3M | 749.2M | 680.2M | 513.9M | |
| Total Operating Expenses | 823.3M | 692.9M | 840.9M | 584.3M | 1.0B | 868.2M | |
| Reconciled Depreciation | 177.1M | 185.9M | 163.4M | 173.5M | 193.2M | 193.2M | |
| Income Before Tax | 69.2M | (31.6M) | (97.0M) | 101.1M | 169.1M | 177.5M | |
| Total Other Income Expense Net | (19.4M) | (9.0M) | (2.9M) | (46.7M) | (39.1M) | (37.1M) | |
| Net Income Applicable To Common Shares | 21.7M | (50.6M) | (136.0M) | 51.5M | 46.3M | 48.7M | |
| Net Income | 21.7M | (46.5M) | (127.7M) | 51.5M | 121.5M | 127.6M | |
| Income Tax Expense | 43.8M | 15.0M | 30.7M | 35.8M | 33.4M | 34.5M | |
| Minority Interest | (3.7M) | (4.0M) | (8.3M) | (13.8M) | (14.1M) | (13.4M) |
Pair Trading with Ermenegildo Zegna
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 Ermenegildo Zegna 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 Ermenegildo Zegna will appreciate offsetting losses from the drop in the long position's value.Moving together with Ermenegildo Stock
Moving against Ermenegildo Stock
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| 0.78 | REE | Ree Automotive Holding | PairCorr |
| 0.77 | KTB | Kontoor Brands | PairCorr |
The ability to find closely correlated positions to Ermenegildo Zegna could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ermenegildo Zegna 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 Ermenegildo Zegna - 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 Ermenegildo Zegna NV to buy it.
The correlation of Ermenegildo Zegna 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 Ermenegildo Zegna moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ermenegildo Zegna 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 Ermenegildo Zegna 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.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ermenegildo Zegna NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ermenegildo Zegna. If investors know Ermenegildo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ermenegildo Zegna listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.47) | Dividend Share 0.12 | Earnings Share 0.42 | Revenue Per Share 7.839 | Quarterly Revenue Growth 0.063 |
The market value of Ermenegildo Zegna is measured differently than its book value, which is the value of Ermenegildo that is recorded on the company's balance sheet. Investors also form their own opinion of Ermenegildo Zegna's value that differs from its market value or its book value, called intrinsic value, which is Ermenegildo Zegna's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ermenegildo Zegna's market value can be influenced by many factors that don't directly affect Ermenegildo Zegna's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ermenegildo Zegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ermenegildo Zegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ermenegildo Zegna's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.