Chemtrade Historical Income Statement
CHE-UN Stock | CAD 11.50 0.06 0.52% |
Historical analysis of Chemtrade Logistics income statement accounts such as Total Revenue of 1.1 B, Gross Profit of 441.7 M or Other Operating Expenses of 1 B can show how well Chemtrade Logistics Income performed in making a profits. Evaluating Chemtrade Logistics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Chemtrade Logistics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Chemtrade Logistics 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 Chemtrade Logistics is a good buy for the upcoming year.
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About Chemtrade Income Statement Analysis
Chemtrade Logistics 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 Chemtrade Logistics shareholders. The income statement also shows Chemtrade 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).
Chemtrade Logistics Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Chemtrade Logistics 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Chemtrade Logistics. It is also known as Chemtrade Logistics 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.Cost Of Revenue
Cost of Revenue is found on Chemtrade Logistics income statement and represents the costs associated with goods and services Chemtrade Logistics provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Chemtrade Logistics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Chemtrade Logistics 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 Chemtrade Logistics Income. 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, Chemtrade Logistics' Gross Profit 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 331.1 M, whereas Depreciation And Amortization is forecasted to decline to about 124.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.4B | 1.8B | 1.8B | 1.1B | Depreciation And Amortization | 239.6M | 217.0M | 217.5M | 124.8M |
Chemtrade Logistics income statement Correlations
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Chemtrade Logistics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chemtrade Logistics income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 266.4M | 253.9M | 239.6M | 217.0M | 217.5M | 124.8M | |
Total Revenue | 1.5B | 1.4B | 1.4B | 1.8B | 1.8B | 1.1B | |
Gross Profit | 97.3M | 33.7M | (3.8M) | 353.9M | 420.6M | 441.7M | |
Other Operating Expenses | 1.5B | 1.4B | 1.5B | 1.6B | 1.6B | 1.0B | |
Operating Income | (11.3M) | (131.1M) | (142.7M) | 219.2M | 315.4M | 331.1M | |
Ebit | (15.3M) | (131.1M) | (142.7M) | 226.9M | 316.7M | 332.5M | |
Ebitda | 251.1M | 122.8M | 96.9M | 443.9M | 534.2M | 560.9M | |
Cost Of Revenue | 1.4B | 1.3B | 1.4B | 1.5B | 1.4B | 920.9M | |
Total Operating Expenses | 99.0M | 101.7M | 112.6M | 121.3M | 137.8M | 89.2M | |
Income Before Tax | (123.9M) | (214.9M) | (220.2M) | 169.2M | 291.4M | 305.9M | |
Total Other Income Expense Net | (112.6M) | (83.8M) | (77.6M) | (50.0M) | 29.3M | 30.8M | |
Net Income | (99.7M) | (167.5M) | (235.2M) | 109.1M | 249.3M | 261.8M | |
Income Tax Expense | (24.3M) | (47.5M) | 15.0M | 60.1M | 42.1M | 44.2M | |
Interest Expense | 78.8M | 77.1M | 75.2M | 62.9M | 56.1M | 51.4M | |
Selling General Administrative | 95.3M | 100.8M | 115.2M | 118.9M | 136.2M | 104.5M | |
Net Income From Continuing Ops | (99.7M) | (167.5M) | (235.2M) | 109.1M | 249.3M | 261.8M | |
Net Income Applicable To Common Shares | (99.7M) | (167.5M) | (235.2M) | 109.1M | 98.2M | 103.1M | |
Tax Provision | (24.3M) | (47.5M) | 15.0M | 60.1M | 42.1M | 44.2M | |
Net Interest Income | (87.9M) | (84.5M) | (101.5M) | (68.1M) | (54.7M) | (57.4M) | |
Interest Income | 565K | 322K | 716K | 2.4M | 6.4M | 6.7M | |
Reconciled Depreciation | 262.5M | 253.9M | 239.6M | 217.0M | 217.5M | 253.0M |
Pair Trading with Chemtrade Logistics
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 Chemtrade Logistics 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 Chemtrade Logistics will appreciate offsetting losses from the drop in the long position's value.Moving together with Chemtrade Stock
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Moving against Chemtrade Stock
The ability to find closely correlated positions to Chemtrade Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chemtrade Logistics 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 Chemtrade Logistics - 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 Chemtrade Logistics Income to buy it.
The correlation of Chemtrade Logistics 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 Chemtrade Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chemtrade Logistics 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 Chemtrade Logistics 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 Chemtrade Stock
Chemtrade Logistics 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 Chemtrade Logistics shareholders. The income statement also shows Chemtrade 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).