InterRent Historical Income Statement

IIP-UN Stock

CAD 10.98 0.28 2.62%

Historical analysis of InterRent Real income statement accounts such as Gross Profit of 182.3 M or Other Operating Expenses of 103 M can show how well InterRent Real Estate performed in making a profits. Evaluating InterRent Real income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of InterRent Real'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 InterRent Real Estate 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 InterRent Real Estate is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterRent Real Estate. 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.

About InterRent Income Statement Analysis

InterRent Real Estate 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 InterRent Real shareholders. The income statement also shows InterRent 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).

InterRent Real Income Statement Chart

At present, InterRent Real's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 249 M, whereas Net Income is forecasted to decline to about 72 M.

Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts InterRent Real Estate 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 InterRent Real Estate minus its cost of goods sold. It is profit before InterRent Real 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 InterRent Real Estate. It is also known as InterRent Real 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 InterRent Real Estate income statement and represents the costs associated with goods and services InterRent Real 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 InterRent Real's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into InterRent Real Estate 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 InterRent Real Estate. 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.

	2021	2022	2023	2024 (projected)
Total Revenue	185.1M	216.4M	237.1M	249.0M
Depreciation And Amortization	109.9M	56.1M	100.9M	106.0M

Total Revenue Depreciation And Amortization

InterRent Real income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Net Income	Income Before Tax	Total Other Income Expense Net	Income Tax Expense	Interest Expense	Selling General Administrative	Net Income From Continuing Ops	Net Interest Income	Interest Income	Research Development	Reconciled Depreciation
Depreciation And Amortization		0.78	0.78	0.77	0.78	-0.4	0.68	0.76	0.78	0.69	0.71	0.55	0.08	0.71	0.68	0.68	-0.57	0.73	0.61	0.55
Total Revenue	0.78		1.0	1.0	1.0	0.24	0.97	0.99	0.99	0.41	0.44	0.13	0.39	0.95	0.78	0.38	-0.89	0.81	0.2	0.87
Gross Profit	0.78	1.0		0.99	1.0	0.24	0.97	0.99	0.99	0.41	0.44	0.13	0.39	0.95	0.77	0.39	-0.89	0.81	0.21	0.87
Other Operating Expenses	0.77	1.0	0.99		0.99	0.24	0.96	1.0	0.99	0.41	0.44	0.13	0.36	0.93	0.79	0.38	-0.86	0.78	0.2	0.85
Operating Income	0.78	1.0	1.0	0.99		0.23	0.96	0.98	0.99	0.42	0.45	0.14	0.39	0.95	0.77	0.39	-0.88	0.82	0.22	0.86
Ebit	-0.4	0.24	0.24	0.24	0.23		0.4	0.25	0.21	-0.41	-0.39	-0.59	0.58	0.29	0.03	-0.42	-0.42	-0.02	-0.58	0.4
Ebitda	0.68	0.97	0.97	0.96	0.96	0.4		0.96	0.95	0.36	0.39	0.08	0.54	0.94	0.7	0.34	-0.9	0.71	0.14	0.87
Cost Of Revenue	0.76	0.99	0.99	1.0	0.98	0.25	0.96		0.98	0.4	0.43	0.13	0.37	0.93	0.78	0.37	-0.86	0.78	0.2	0.86
Total Operating Expenses	0.78	0.99	0.99	0.99	0.99	0.21	0.95	0.98		0.41	0.44	0.14	0.33	0.91	0.8	0.38	-0.84	0.77	0.22	0.84
Net Income	0.69	0.41	0.41	0.41	0.42	-0.41	0.36	0.4	0.41		1.0	0.94	0.0	0.21	0.6	0.99	-0.09	0.44	0.95	0.32
Income Before Tax	0.71	0.44	0.44	0.44	0.45	-0.39	0.39	0.43	0.44	1.0		0.93	0.03	0.25	0.6	0.99	-0.13	0.45	0.94	0.34
Total Other Income Expense Net	0.55	0.13	0.13	0.13	0.14	-0.59	0.08	0.13	0.14	0.94	0.93		-0.15	-0.04	0.31	0.93	0.16	0.21	0.96	0.0
Income Tax Expense	0.08	0.39	0.39	0.36	0.39	0.58	0.54	0.37	0.33	0.0	0.03	-0.15		0.44	0.11	0.04	-0.49	0.22	-0.19	0.42
Interest Expense	0.71	0.95	0.95	0.93	0.95	0.29	0.94	0.93	0.91	0.21	0.25	-0.04	0.44		0.61	0.2	-0.98	0.76	0.02	0.84
Selling General Administrative	0.68	0.78	0.77	0.79	0.77	0.03	0.7	0.78	0.8	0.6	0.6	0.31	0.11	0.61		0.59	-0.5	0.64	0.46	0.78
Net Income From Continuing Ops	0.68	0.38	0.39	0.38	0.39	-0.42	0.34	0.37	0.38	0.99	0.99	0.93	0.04	0.2	0.59		-0.08	0.43	0.95	0.31
Net Interest Income	-0.57	-0.89	-0.89	-0.86	-0.88	-0.42	-0.9	-0.86	-0.84	-0.09	-0.13	0.16	-0.49	-0.98	-0.5	-0.08		-0.7	0.12	-0.85
Interest Income	0.73	0.81	0.81	0.78	0.82	-0.02	0.71	0.78	0.77	0.44	0.45	0.21	0.22	0.76	0.64	0.43	-0.7		0.3	0.7
Research Development	0.61	0.2	0.21	0.2	0.22	-0.58	0.14	0.2	0.22	0.95	0.94	0.96	-0.19	0.02	0.46	0.95	0.12	0.3		0.08
Reconciled Depreciation	0.55	0.87	0.87	0.85	0.86	0.4	0.87	0.86	0.84	0.32	0.34	0.0	0.42	0.84	0.78	0.31	-0.85	0.7	0.08

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InterRent Real Account Relationship Matchups

InterRent Real income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	111.2M	50.7M	109.9M	56.1M	100.9M	106.0M
Total Revenue	145.3M	160.0M	185.1M	216.4M	237.1M	249.0M
Gross Profit	106.9M	114M	132.4M	157.4M	173.6M	182.3M
Other Operating Expenses	61.1M	69.4M	80.7M	92.7M	98.1M	103.0M
Operating Income	96.2M	102.1M	117.7M	139.2M	155.6M	163.4M
Ebit	(26.7M)	40.2M	(4.4M)	68.0M	43.5M	45.7M
Ebitda	84.5M	90.8M	105.5M	124.1M	144.5M	151.7M
Cost Of Revenue	38.4M	46.0M	52.7M	59.0M	63.5M	66.7M
Total Operating Expenses	22.7M	23.5M	28.0M	33.6M	34.6M	36.4M
Net Income	384.9M	150.6M	369.7M	104.0M	92.2M	72.0M
Income Before Tax	384.9M	150.6M	369.7M	104.0M	92.2M	106.9M
Total Other Income Expense Net	288.7M	48.5M	252.0M	(35.3M)	15.0M	14.2M
Income Tax Expense	28.3M	28.4M	33.6M	(28.2M)	66.2M	69.5M
Interest Expense	28.2M	28.4M	32.9M	47.1M	60.4M	63.4M
Selling General Administrative	22.7M	23.5M	28.0M	33.6M	16.6M	21.2M
Net Income From Continuing Ops	384.9M	150.6M	369.7M	104.0M	92.2M	87.6M
Net Income Applicable To Common Shares	384.9M	150.6M	369.7M	104.0M	119.6M	201.7M
Net Interest Income	(28.5M)	(28.8M)	(33.4M)	(49.2M)	(61.7M)	(58.6M)
Interest Income	490K	635K	386K	480K	651K	503.5K
Research Development	2.65	0.94	2.0	0.48	0.37	0.35
Reconciled Depreciation	533K	642K	908K	1.3M	987K	801.1K

Pair Trading with InterRent Real

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 InterRent Real 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 InterRent Real will appreciate offsetting losses from the drop in the long position's value.

Moving together with InterRent Stock

0.76	AEMC	Alaska Energy Metals	Pair Corr
0.67	CMC	Cielo Waste Solutions	Pair Corr

Moving against InterRent Stock

0.94	LQWD	LQwD FinTech Corp	Pair Corr
0.69	MATE	Blockmate Ventures Earnings Call Tomorrow	Pair Corr
0.67	ERC	Eros Resources Corp	Pair Corr

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

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

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InterRent Historical Income Statement

About InterRent Income Statement Analysis

InterRent Real Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

InterRent Real income statement Correlations

InterRent Real Account Relationship Matchups

High Positive Relationship

High Negative Relationship

InterRent Real income statement Accounts

Pair Trading with InterRent Real

Moving together with InterRent Stock

Moving against InterRent Stock

Other Information on Investing in InterRent Stock

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Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Operating Income	+ 1.0	Total Revenue
Operating Income	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Other Operating Expenses
Income Before Tax	+ 1.0	Net Income

Net Interest Income	- 0.98	Interest Expense
Net Interest Income	- 0.9	Ebitda
Net Interest Income	- 0.89	Gross Profit
Net Interest Income	- 0.89	Total Revenue
Net Interest Income	- 0.88	Operating Income
Net Interest Income	- 0.86	Cost Of Revenue