Algoma Historical Income Statement

ALC Stock

CAD 15.13 0.18 1.20%

Historical analysis of Algoma Central income statement accounts such as Interest Expense of 21 M, Selling General Administrative of 26.9 M or Total Revenue of 499.6 M can show how well Algoma Central performed in making a profits. Evaluating Algoma Central income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Algoma Central'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 Algoma Central 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 Algoma Central is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Central. 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 Algoma Income Statement Analysis

Algoma Central 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 Algoma Central shareholders. The income statement also shows Algoma 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).

Algoma Central Income Statement Chart

At this time, Algoma Central's Reconciled Depreciation is very stable compared to the past year.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Income Before Tax

Total Revenue

Total revenue comprises all receipts Algoma Central 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 Algoma Central minus its cost of goods sold. It is profit before Algoma Central 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 Algoma Central. It is also known as Algoma Central 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Algoma Central income statement and is an important metric when analyzing Algoma Central profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most accounts from Algoma Central's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Algoma Central 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Central. 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, Algoma Central's Reconciled Depreciation is very stable compared to the past year.

	2021	2022	2023	2024 (projected)
Gross Profit	531.0M	612.5M	116.1M	110.3M
Total Revenue	598.9M	677.9M	721.2M	499.6M

Gross Profit Total Revenue

Algoma Central 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	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Discontinued Operations	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.66	0.89	0.82	0.6	0.81	0.51	0.18	0.69	-0.05	0.54	0.43	-0.26	0.6	0.03	0.54	0.27	0.35	0.24	-0.52	0.55
Interest Expense	0.66		0.63	0.66	0.26	0.73	0.44	0.36	0.71	0.28	0.2	0.4	-0.1	0.42	-0.01	0.65	0.46	0.4	0.02	-0.79	0.77
Selling General Administrative	0.89	0.63		0.91	0.34	0.92	0.56	0.25	0.69	0.26	0.27	0.48	-0.22	0.76	0.08	0.52	0.4	0.32	0.02	-0.44	0.44
Total Revenue	0.82	0.66	0.91		0.36	0.98	0.8	0.57	0.86	0.31	0.25	0.77	-0.14	0.85	0.39	0.4	0.61	0.52	0.03	-0.55	0.53
Gross Profit	0.6	0.26	0.34	0.36		0.29	0.26	-0.01	0.27	-0.74	0.99	0.26	-0.05	0.18	0.18	0.08	0.17	0.22	0.32	-0.21	0.13
Other Operating Expenses	0.81	0.73	0.92	0.98	0.29		0.73	0.49	0.85	0.41	0.19	0.69	-0.11	0.81	0.3	0.47	0.58	0.51	-0.01	-0.56	0.57
Operating Income	0.51	0.44	0.56	0.8	0.26	0.73		0.9	0.91	0.3	0.12	0.93	-0.28	0.79	0.61	0.24	0.74	0.59	0.02	-0.58	0.52
Ebit	0.18	0.36	0.25	0.57	-0.01	0.49	0.9		0.8	0.42	-0.14	0.86	-0.24	0.59	0.66	0.15	0.71	0.54	-0.08	-0.56	0.5
Ebitda	0.69	0.71	0.69	0.86	0.27	0.85	0.91	0.8		0.39	0.14	0.81	-0.32	0.73	0.42	0.51	0.64	0.59	0.04	-0.74	0.74
Cost Of Revenue	-0.05	0.28	0.26	0.31	-0.74	0.41	0.3	0.42	0.39		-0.81	0.26	-0.06	0.35	0.06	0.28	0.25	0.17	-0.33	-0.24	0.33
Total Operating Expenses	0.54	0.2	0.27	0.25	0.99	0.19	0.12	-0.14	0.14	-0.81		0.13	0.0	0.08	0.1	0.05	0.08	0.14	0.33	-0.13	0.05
Income Before Tax	0.43	0.4	0.48	0.77	0.26	0.69	0.93	0.86	0.81	0.26	0.13		0.05	0.82	0.78	0.12	0.82	0.74	-0.1	-0.45	0.39
Total Other Income Expense Net	-0.26	-0.1	-0.22	-0.14	-0.05	-0.11	-0.28	-0.24	-0.32	-0.06	0.0	0.05		0.0	0.3	-0.43	0.02	0.16	-0.42	0.51	-0.5
Net Income	0.6	0.42	0.76	0.85	0.18	0.81	0.79	0.59	0.73	0.35	0.08	0.82	0.0		0.45	0.38	0.76	0.63	-0.21	-0.34	0.32
Income Tax Expense	0.03	-0.01	0.08	0.39	0.18	0.3	0.61	0.66	0.42	0.06	0.1	0.78	0.3	0.45		-0.25	0.57	0.65	-0.22	-0.04	0.02
Discontinued Operations	0.54	0.65	0.52	0.4	0.08	0.47	0.24	0.15	0.51	0.28	0.05	0.12	-0.43	0.38	-0.25		0.32	0.43	0.01	-0.61	0.74
Net Income From Continuing Ops	0.27	0.46	0.4	0.61	0.17	0.58	0.74	0.71	0.64	0.25	0.08	0.82	0.02	0.76	0.57	0.32		0.77	-0.18	-0.57	0.48
Tax Provision	0.35	0.4	0.32	0.52	0.22	0.51	0.59	0.54	0.59	0.17	0.14	0.74	0.16	0.63	0.65	0.43	0.77		-0.21	-0.45	0.52
Interest Income	0.24	0.02	0.02	0.03	0.32	-0.01	0.02	-0.08	0.04	-0.33	0.33	-0.1	-0.42	-0.21	-0.22	0.01	-0.18	-0.21		-0.28	0.28
Net Interest Income	-0.52	-0.79	-0.44	-0.55	-0.21	-0.56	-0.58	-0.56	-0.74	-0.24	-0.13	-0.45	0.51	-0.34	-0.04	-0.61	-0.57	-0.45	-0.28		-0.95
Reconciled Depreciation	0.55	0.77	0.44	0.53	0.13	0.57	0.52	0.5	0.74	0.33	0.05	0.39	-0.5	0.32	0.02	0.74	0.48	0.52	0.28	-0.95

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Algoma Central Account Relationship Matchups

Algoma Central income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	70.0M	75.2M	67.9M	65.4M	66.0M	36.3M
Interest Expense	18.8M	18.3M	19.1M	18.8M	20.0M	21.0M
Selling General Administrative	31.3M	29.7M	32.6M	34.6M	41.6M	26.9M
Total Revenue	567.9M	545.7M	598.9M	677.9M	721.2M	499.6M
Gross Profit	497.9M	470.5M	531.0M	612.5M	116.1M	110.3M
Other Operating Expenses	509.5M	471.6M	508.9M	590.4M	646.7M	518.2M
Operating Income	58.4M	74.1M	93.3M	102.3M	74.5M	67.7M
Ebit	58.4M	72.9M	88.4M	87.6M	74.5M	78.3M
Ebitda	128.5M	148.0M	156.2M	153.1M	140.6M	147.6M
Cost Of Revenue	70.0M	75.2M	67.9M	65.4M	605.1M	635.4M
Total Operating Expenses	439.5M	396.4M	441.1M	525.0M	41.6M	39.5M
Income Before Tax	38.8M	60.6M	75.6M	101.4M	70.6M	51.4M
Total Other Income Expense Net	(19.6M)	(13.5M)	(17.7M)	(909K)	(3.9M)	(4.1M)
Net Income	33.7M	45.9M	63.8M	84.5M	82.9M	44.4M
Income Tax Expense	5.1M	9.5M	11.8M	16.9M	11.4M	7.7M
Net Income From Continuing Ops	24.2M	45.9M	82.2M	120.0M	82.9M	55.8M
Net Income Applicable To Common Shares	24.2M	45.9M	82.2M	120.0M	138.0M	144.9M
Tax Provision	5.1M	9.5M	11.8M	16.9M	11.4M	9.0M
Interest Income	18.8M	18.2M	81K	13.8M	2.9M	2.7M
Net Interest Income	(18.7M)	(19.5M)	(20.7M)	(18.7M)	(16.2M)	(17.1M)
Reconciled Depreciation	70.0M	75.2M	67.9M	65.4M	66.0M	70.5M

Pair Trading with Algoma Central

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

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

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

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Algoma Historical Income Statement

About Algoma Income Statement Analysis

Algoma Central Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Income Before Tax

Algoma Central income statement Correlations

Algoma Central Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Algoma Central income statement Accounts

Pair Trading with Algoma Central

Other Information on Investing in Algoma Stock

COMMON DESTINATIONS

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COMPANY

Total Operating Expenses	+ 0.99	Gross Profit
Other Operating Expenses	+ 0.98	Total Revenue
Income Before Tax	+ 0.93	Operating Income
Other Operating Expenses	+ 0.92	Selling General Administrative
Total Revenue	+ 0.91	Selling General Administrative
Ebitda	+ 0.91	Operating Income

Reconciled Depreciation	- 0.95	Net Interest Income
Total Operating Expenses	- 0.81	Cost Of Revenue
Net Interest Income	- 0.79	Interest Expense
Net Interest Income	- 0.74	Ebitda
Cost Of Revenue	- 0.74	Gross Profit
Net Interest Income	- 0.61	Discontinued Operations