Emera Historical Income Statement
EMA Stock | CAD 55.22 0.05 0.09% |
Historical analysis of Emera income statement accounts such as Gross Profit of 4 B or Operating Income of 2.2 B can show how well Emera Inc performed in making a profits. Evaluating Emera income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Emera's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Emera Inc 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 Emera Inc is a good buy for the upcoming year.
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About Emera Income Statement Analysis
Emera Inc 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 Emera shareholders. The income statement also shows Emera 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).
Emera Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Emera Inc 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 Emera Inc minus its cost of goods sold. It is profit before Emera 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.Operating Income
Operating Income is the amount of profit realized from Emera Inc 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 Emera Inc 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 Emera's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Emera Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emera Inc. 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, Emera's Income Tax Expense is very stable compared to the past year. As of the 1st of February 2025, Depreciation And Amortization is likely to grow to about 1.3 B, while Total Other Income Expense Net is likely to drop (749.9 M).
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 3.0B | 3.3B | 3.8B | 4.0B | Total Revenue | 7.6B | 7.6B | 8.7B | 9.1B |
Emera income statement Correlations
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Emera Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Emera income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Interest Expense | 679M | 611M | 709M | 938M | 1.1B | 1.1B | |
Total Revenue | 5.5B | 5.8B | 7.6B | 7.6B | 8.7B | 9.1B | |
Gross Profit | 2.4B | 2.2B | 3.0B | 3.3B | 3.8B | 4.0B | |
Operating Income | 1.9B | 930M | 1.6B | 1.8B | 2.1B | 2.2B | |
Ebitda | 2.1B | 1.9B | 2.7B | 3.2B | 3.6B | 3.8B | |
Total Other Income Expense Net | (610M) | (375M) | (435M) | (621M) | (714.2M) | (749.9M) | |
Net Income | 983M | 560M | 1.0B | 1.0B | 1.2B | 1.3B | |
Income Tax Expense | 341M | (6M) | 185M | 128M | 147.2M | 154.6M | |
Depreciation And Amortization | 899M | 915M | 959M | 1.1B | 1.2B | 1.3B | |
Ebit | 1.2B | 938M | 1.7B | 2.1B | 2.4B | 2.5B | |
Cost Of Revenue | 3.1B | 3.6B | 4.6B | 4.3B | 4.9B | 5.2B | |
Total Operating Expenses | 1.2B | 1.2B | 1.3B | 1.5B | 1.7B | 1.8B | |
Income Before Tax | 1.3B | 555M | 1.2B | 1.2B | 1.3B | 1.4B | |
Net Income From Continuing Ops | 984M | 561M | 1.0B | 1.0B | 1.2B | 645.8M | |
Net Income Applicable To Common Shares | 662.8M | 937.6M | 510.5M | 945M | 1.1B | 551.7M | |
Minority Interest | 41M | 35M | 34M | (1M) | (900K) | (855K) | |
Tax Provision | 341M | (6M) | 185M | 128M | 147.2M | 128.5M | |
Interest Income | 530M | 468M | 580M | 56M | 50.4M | 47.9M | |
Net Interest Income | (679M) | (611M) | (709M) | (882M) | (793.8M) | (833.5M) | |
Reconciled Depreciation | 899M | 915M | 959M | 1.1B | 1.2B | 1.0B |
Pair Trading with Emera
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 Emera 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 Emera will appreciate offsetting losses from the drop in the long position's value.Moving against Emera Stock
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The ability to find closely correlated positions to Emera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emera 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 Emera - 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 Emera Inc to buy it.
The correlation of Emera 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 Emera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emera Inc 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 Emera 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 Emera Stock
Emera Inc 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 Emera shareholders. The income statement also shows Emera 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).