Automotive Historical Income Statement
| APR-UN Stock | CAD 11.44 0.05 0.44% |
Historical analysis of Automotive Properties income statement accounts such as Gross Profit of 42.3 M, Other Operating Expenses of 10 M or Operating Income of 91.4 M can show how well Automotive Properties Real performed in making a profits. Evaluating Automotive Properties income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Automotive Properties's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Automotive Properties 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 Automotive Properties is a good buy for the upcoming year.
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About Automotive Income Statement Analysis
Automotive Properties 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 Automotive Properties shareholders. The income statement also shows Automotive 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).
Automotive Properties Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Automotive Properties 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 Automotive Properties Real minus its cost of goods sold. It is profit before Automotive Properties 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 Automotive Properties. It is also known as Automotive Properties 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.Operating Income
Operating Income is the amount of profit realized from Automotive Properties operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Automotive Properties Real is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Automotive Properties' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Automotive Properties 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 Automotive Properties Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Automotive Properties' Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 91.4 M, whereas Depreciation And Amortization is projected to grow to (11 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 67.1M | 70.6M | 78.4M | 42.3M | Total Revenue | 78.2M | 82.9M | 92.5M | 49.7M |
Automotive Properties income statement Correlations
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Automotive Properties Account Relationship Matchups
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Automotive Properties income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 50.3M | 18.8M | 44.4M | (28.2M) | (11.6M) | (11.0M) | |
| Total Revenue | 67.6M | 75.1M | 78.2M | 82.9M | 92.5M | 49.7M | |
| Gross Profit | 57.4M | 64.0M | 67.1M | 70.6M | 78.4M | 42.3M | |
| Other Operating Expenses | 14.3M | 15.3M | 15.8M | 17.8M | 5.4M | 10.0M | |
| Operating Income | 13.2M | 66.2M | 9.9M | 41.3M | 87.1M | 91.4M | |
| Ebit | 13.2M | 66.2M | 56.6M | 105.8M | 87.1M | 91.4M | |
| Ebitda | 13.2M | 66.2M | 101.0M | 77.6M | 75.5M | 43.6M | |
| Cost Of Revenue | 10.2M | 11.1M | 11.1M | 12.3M | 14.1M | 7.4M | |
| Total Operating Expenses | 4.1M | 4.2M | 4.7M | 5.6M | 78.4M | 82.3M | |
| Income Before Tax | (4.5M) | 27.0M | 85.4M | 83.4M | 51.0M | 30.5M | |
| Total Other Income Expense Net | (17.7M) | (39.2M) | 23.0M | 18.4M | (36.1M) | (34.3M) | |
| Net Income | (5.3M) | 3.4M | 122.4M | 119.7M | 51.0M | 34.7M | |
| Income Tax Expense | 752K | 23.5M | (37.0M) | (36.3M) | 38.9M | 40.8M | |
| Interest Expense | 16.9M | 15.7M | 15.6M | 18.0M | 24.5M | 14.5M | |
| Selling General Administrative | 4.1M | 4.2M | 4.7M | 5.6M | 608K | 577.6K | |
| Net Income From Continuing Ops | (4.5M) | 27.0M | 85.4M | 83.4M | 51.0M | 40.6M | |
| Net Income Applicable To Common Shares | (4.5M) | 27.0M | 85.4M | 83.4M | 95.9M | 100.7M | |
| Net Interest Income | (16.9M) | (15.7M) | (15.6M) | (18.0M) | (24.5M) | (23.3M) | |
| Research Development | 0.07 | 0.36 | 1.09 | 1.01 | 0.55 | 0.65 |
Pair Trading with Automotive Properties
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 Automotive Properties 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 Automotive Properties will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Automotive Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Automotive Properties 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 Automotive Properties - 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 Automotive Properties Real to buy it.
The correlation of Automotive Properties 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 Automotive Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Automotive Properties 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 Automotive Properties 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 Automotive Stock
Automotive Properties 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 Automotive Properties shareholders. The income statement also shows Automotive 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).