Guardian Historical Income Statement
| GCG-A Stock | CAD 42.01 0.18 0.43% |
Historical analysis of Guardian Capital income statement accounts such as Gross Profit of 86.1 M or Other Operating Expenses of 127.4 M can show how well Guardian Capital Group performed in making a profits. Evaluating Guardian Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Guardian Capital's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Guardian Capital 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 Guardian Capital is a good buy for the upcoming year.
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About Guardian Income Statement Analysis
Guardian Capital 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 Guardian Capital shareholders. The income statement also shows Guardian 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).
Guardian Capital Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Guardian Capital 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 Guardian Capital Group minus its cost of goods sold. It is profit before Guardian Capital 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 Guardian Capital. It is also known as Guardian Capital 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 Guardian Capital 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 Guardian Capital Group 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 Guardian Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Guardian Capital 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardian Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Guardian Capital's Cost Of Revenue is comparatively stable compared to the past year. Research Development is likely to gain to 0.41 in 2024, whereas Gross Profit is likely to drop slightly above 86.1 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 414.9M | 214.3M | 254.5M | 165.9M | Depreciation And Amortization | 151.5M | 165.9M | 15.4M | 14.7M |
Guardian Capital income statement Correlations
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Guardian Capital Account Relationship Matchups
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Guardian Capital income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 139.5M | 262.2M | 151.5M | 165.9M | 15.4M | 14.7M | |
| Total Revenue | 291.6M | 325.2M | 414.9M | 214.3M | 254.5M | 165.9M | |
| Gross Profit | 106.0M | 117.5M | 154.5M | 103.1M | 131.2M | 86.1M | |
| Other Operating Expenses | 238.7M | 268.3M | 331.7M | 165.9M | 194.7M | 127.4M | |
| Operating Income | 48.9M | 54.8M | 81.8M | 44.1M | 59.8M | 50.6M | |
| Ebit | (72.5M) | (187.2M) | (46.9M) | (210.1M) | 120.3M | 126.3M | |
| Ebitda | 67.0M | 75.0M | 104.7M | (44.2M) | 135.8M | 142.5M | |
| Total Operating Expenses | 53.1M | 60.7M | 71.3M | 54.6M | 71.4M | 74.9M | |
| Income Before Tax | 145.6M | 53.5M | 224.4M | (60.1M) | 117.6M | 123.5M | |
| Total Other Income Expense Net | 92.7M | (1.3M) | 139.7M | (104.2M) | 57.8M | 60.7M | |
| Net Income | 123.1M | 42.4M | 184.2M | (59.6M) | 562.9M | 591.1M | |
| Income Tax Expense | 19.1M | 7.5M | 33.7M | (525K) | 15.5M | 16.2M | |
| Interest Expense | 4.0M | 2M | 1.4M | 4.4M | 8.3M | 8.7M | |
| Cost Of Revenue | 185.6M | 207.7M | 260.4M | 111.3M | 123.3M | 139.6M | |
| Research Development | 0.51 | 0.17 | 0.56 | 0.55 | 0.38 | 0.41 |
Pair Trading with Guardian Capital
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 Guardian Capital 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 Guardian Capital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Guardian Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guardian Capital 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 Guardian Capital - 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 Guardian Capital Group to buy it.
The correlation of Guardian Capital 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 Guardian Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guardian Capital 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 Guardian Capital 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.Additional Tools for Guardian Stock Analysis
When running Guardian Capital's price analysis, check to measure Guardian Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Guardian Capital is operating at the current time. Most of Guardian Capital's value examination focuses on studying past and present price action to predict the probability of Guardian Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardian Capital's price. Additionally, you may evaluate how the addition of Guardian Capital to your portfolios can decrease your overall portfolio volatility.