INC Historical Income Statement
| INCR Stock | USD 1.42 0.07 5.19% |
Historical analysis of INC Research income statement accounts such as Selling General Administrative of 67.5 M or Selling And Marketing Expenses of 23 M can show how well INC Research Holdings performed in making a profits. Evaluating INC Research income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of INC Research's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining INC Research Holdings 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 INC Research Holdings is a good buy for the upcoming year.
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About INC Income Statement Analysis
INC Research Holdings 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 INC Research shareholders. The income statement also shows INC 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).
INC Research Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of INC Research Holdings. It is also known as INC Research 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.Most accounts from INC Research's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into INC Research Holdings 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 INC Research Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, INC Research's Total Operating Expenses is relatively stable compared to the past year. As of 11/26/2024, Interest Income is likely to grow to about 5.6 M, though Operating Income is likely to grow to (39.5 M).
INC Research income statement Correlations
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INC Research Account Relationship Matchups
High Positive Relationship
High Negative Relationship
INC Research income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 58.9M | 3.3M | 7.4M | 11.7M | 13.2M | 7.4M | |
| Interest Expense | 1.8M | 264K | 5.0M | 14.7M | 24.2M | 25.4M | |
| Selling General Administrative | 76.4M | 17.9M | 30.7M | 91.7M | 64.3M | 67.5M | |
| Total Revenue | 8.9M | 65.0M | 219.7M | 388.7M | 355.6M | 373.3M | |
| Other Operating Expenses | 89.1M | 61.7M | 186.7M | 335.8M | 397.1M | 417.0M | |
| Operating Income | (80.1M) | (1.4M) | 28.2M | 52.8M | (41.6M) | (39.5M) | |
| Ebit | (80.1M) | (37.8M) | 30.1M | 52.8M | (37.1M) | (35.2M) | |
| Ebitda | (21.2M) | (34.5M) | 37.4M | 64.5M | (23.9M) | (22.7M) | |
| Total Operating Expenses | 81.6M | 28.6M | 58.1M | 102.2M | 150.2M | 157.7M | |
| Income Before Tax | (3.7M) | (38.3M) | 18.7M | 43.8M | (61.3M) | (58.2M) | |
| Total Other Income Expense Net | 76.5M | 92K | (9.5M) | (6.8M) | (19.7M) | (18.7M) | |
| Net Income | (3.0M) | (36.0M) | 7.3M | 44.8M | (62.0M) | (58.9M) | |
| Income Tax Expense | (673K) | (2.3M) | 11.4M | 93K | 2.2M | 1.1M | |
| Net Interest Income | (1.8M) | (507K) | (4.9M) | (13.8M) | (19.7M) | (18.7M) | |
| Interest Income | 141K | 21K | 130K | 844K | 5.4M | 5.6M | |
| Net Income From Continuing Ops | (3.0M) | (36.0M) | 7.3M | 43.7M | (63.5M) | (60.4M) | |
| Reconciled Depreciation | 23K | 3.3M | 7.4M | 11.7M | 13.2M | 13.8M | |
| Net Income Applicable To Common Shares | (12.8M) | (5.9M) | (37.2M) | 4.7M | 4.2M | 4.4M |
Pair Trading with INC Research
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 INC Research 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 INC Research will appreciate offsetting losses from the drop in the long position's value.Moving together with INC Stock
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Moving against INC Stock
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| 0.33 | NXGLW | NexGel Warrant | PairCorr |
The ability to find closely correlated positions to INC Research could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace INC Research 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 INC Research - 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 INC Research Holdings to buy it.
The correlation of INC Research 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 INC Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if INC Research Holdings 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 INC Research 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 INC Stock Analysis
When running INC Research's price analysis, check to measure INC Research'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 INC Research is operating at the current time. Most of INC Research's value examination focuses on studying past and present price action to predict the probability of INC Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move INC Research's price. Additionally, you may evaluate how the addition of INC Research to your portfolios can decrease your overall portfolio volatility.