International Historical Income Statement

IPCO Stock

CAD 15.84 0.55 3.60%

Historical analysis of International Petroleum income statement accounts such as Selling General Administrative of 13.2 M or Total Revenue of 543.7 M can show how well International Petroleum Corp performed in making a profits. Evaluating International Petroleum income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of International Petroleum'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 International Petroleum 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 International Petroleum 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 International Petroleum Corp. 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.

About International Income Statement Analysis

International Petroleum 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 International Petroleum shareholders. The income statement also shows International 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).

International Petroleum Income Statement Chart

At this time, International Petroleum's Income Before Tax is very stable compared to the past year. As of the 28th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 407.8 M, while Interest Expense is likely to drop about 19 M.

Selling General Administrative Total Revenue Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts International Petroleum 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 International Petroleum. It is also known as International Petroleum 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 International Petroleum income statement and represents the costs associated with goods and services International Petroleum 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 International Petroleum's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into International Petroleum 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 International Petroleum Corp. 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.

	2021	2022	2023	2024 (projected)
Interest Expense	24.4M	31.4M	25.6M	19.0M
Depreciation And Amortization	130.8M	134.4M	111.3M	124.2M

Interest Expense Depreciation And Amortization

International Petroleum income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.78	-0.77	0.65	0.22	0.85	0.33	0.11	0.34	0.52	0.88	-0.84	0.13	-0.64	0.11	0.2	0.75	0.4	-0.79	-0.7	0.78	-0.23
Interest Expense	0.78		-0.77	0.87	0.61	0.84	0.7	0.57	0.69	0.81	0.87	-0.84	0.56	-0.86	0.57	0.45	0.89	0.57	-0.72	-0.87	0.94	-0.25
Selling General Administrative	-0.77	-0.77		-0.57	-0.37	-0.57	-0.5	-0.34	-0.46	-0.57	-0.64	0.97	-0.31	0.71	-0.34	-0.14	-0.8	-0.3	0.9	0.75	-0.78	0.22
Total Revenue	0.65	0.87	-0.57		0.81	0.89	0.85	0.75	0.88	0.96	0.9	-0.68	0.78	-0.87	0.75	0.79	0.57	0.87	-0.61	-0.65	0.76	-0.28
Gross Profit	0.22	0.61	-0.37	0.81		0.52	0.99	0.97	0.98	0.88	0.52	-0.41	0.98	-0.69	0.97	0.88	0.33	0.87	-0.33	-0.32	0.57	-0.51
Other Operating Expenses	0.85	0.84	-0.57	0.89	0.52		0.58	0.41	0.61	0.75	1.0	-0.7	0.46	-0.81	0.41	0.57	0.6	0.72	-0.67	-0.67	0.77	-0.27
Operating Income	0.33	0.7	-0.5	0.85	0.99	0.58		0.95	0.99	0.92	0.59	-0.53	0.96	-0.76	0.95	0.85	0.44	0.86	-0.43	-0.42	0.66	-0.51
Net Income From Continuing Ops	0.11	0.57	-0.34	0.75	0.97	0.41	0.95		0.96	0.87	0.42	-0.35	0.99	-0.63	1.0	0.85	0.31	0.8	-0.26	-0.37	0.53	-0.33
Ebit	0.34	0.69	-0.46	0.88	0.98	0.61	0.99	0.96		0.95	0.62	-0.51	0.98	-0.73	0.96	0.9	0.41	0.91	-0.42	-0.45	0.64	-0.41
Ebitda	0.52	0.81	-0.57	0.96	0.88	0.75	0.92	0.87	0.95		0.76	-0.64	0.89	-0.79	0.87	0.83	0.54	0.88	-0.54	-0.62	0.72	-0.23
Cost Of Revenue	0.88	0.87	-0.64	0.9	0.52	1.0	0.59	0.42	0.62	0.76		-0.76	0.46	-0.84	0.42	0.55	0.65	0.7	-0.72	-0.7	0.8	-0.26
Total Operating Expenses	-0.84	-0.84	0.97	-0.68	-0.41	-0.7	-0.53	-0.35	-0.51	-0.64	-0.76		-0.33	0.78	-0.35	-0.21	-0.82	-0.39	0.91	0.77	-0.8	0.24
Income Before Tax	0.13	0.56	-0.31	0.78	0.98	0.46	0.96	0.99	0.98	0.89	0.46	-0.33		-0.62	0.99	0.91	0.27	0.86	-0.25	-0.34	0.52	-0.35
Total Other Income Expense Net	-0.64	-0.86	0.71	-0.87	-0.69	-0.81	-0.76	-0.63	-0.73	-0.79	-0.84	0.78	-0.62		-0.63	-0.53	-0.62	-0.63	0.76	0.69	-0.78	0.37
Net Income	0.11	0.57	-0.34	0.75	0.97	0.41	0.95	1.0	0.96	0.87	0.42	-0.35	0.99	-0.63		0.85	0.31	0.8	-0.26	-0.37	0.53	-0.33
Income Tax Expense	0.2	0.45	-0.14	0.79	0.88	0.57	0.85	0.85	0.9	0.83	0.55	-0.21	0.91	-0.53	0.85		0.09	0.97	-0.17	-0.18	0.39	-0.36
Minority Interest	0.75	0.89	-0.8	0.57	0.33	0.6	0.44	0.31	0.41	0.54	0.65	-0.82	0.27	-0.62	0.31	0.09		0.22	-0.64	-0.87	0.9	-0.17
Tax Provision	0.4	0.57	-0.3	0.87	0.87	0.72	0.86	0.8	0.91	0.88	0.7	-0.39	0.86	-0.63	0.8	0.97	0.22		-0.34	-0.29	0.5	-0.4
Interest Income	-0.79	-0.72	0.9	-0.61	-0.33	-0.67	-0.43	-0.26	-0.42	-0.54	-0.72	0.91	-0.25	0.76	-0.26	-0.17	-0.64	-0.34		0.65	-0.71	0.21
Net Interest Income	-0.7	-0.87	0.75	-0.65	-0.32	-0.67	-0.42	-0.37	-0.45	-0.62	-0.7	0.77	-0.34	0.69	-0.37	-0.18	-0.87	-0.29	0.65		-0.85	-0.16
Reconciled Depreciation	0.78	0.94	-0.78	0.76	0.57	0.77	0.66	0.53	0.64	0.72	0.8	-0.8	0.52	-0.78	0.53	0.39	0.9	0.5	-0.71	-0.85		-0.33
Selling And Marketing Expenses	-0.23	-0.25	0.22	-0.28	-0.51	-0.27	-0.51	-0.33	-0.41	-0.23	-0.26	0.24	-0.35	0.37	-0.33	-0.36	-0.17	-0.4	0.21	-0.16	-0.33

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International Petroleum Account Relationship Matchups

International Petroleum income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	146.3M	125.3M	130.8M	134.4M	111.3M	124.2M
Interest Expense	28.2M	24.2M	24.4M	31.4M	25.6M	19.0M
Selling General Administrative	12.0M	12.8M	12.4M	14.4M	18.5M	13.2M
Total Revenue	580.1M	340.8M	741.0M	1.2B	853.9M	543.7M
Gross Profit	155.2M	(82.0M)	243.9M	497.6M	362.6M	380.7M
Other Operating Expenses	436.9M	435.6M	509.5M	748.1M	512.1M	439.6M
Operating Income	140.9M	(85.5M)	225.7M	477.5M	341.8M	358.9M
Net Income From Continuing Ops	103.6M	(77.9M)	146.1M	337.7M	173.0M	181.6M
Ebit	140.3M	(98.4M)	180.6M	485.8M	254.0M	266.7M
Ebitda	286.6M	26.9M	311.4M	620.3M	365.3M	219.3M
Cost Of Revenue	424.8M	422.8M	497.1M	733.7M	491.3M	409.4M
Total Operating Expenses	12.0M	12.8M	12.4M	14.4M	20.8M	22.0M
Income Before Tax	122.8M	(111.8M)	167.7M	465.1M	228.3M	239.8M
Total Other Income Expense Net	(18.0M)	(111.8M)	(159.3M)	(170.0M)	(113.5M)	(107.8M)
Net Income Applicable To Common Shares	103.6M	(77.9M)	146.0M	337.7M	388.3M	407.8M
Net Income	103.6M	(77.9M)	146.0M	337.7M	173.0M	181.6M
Income Tax Expense	19.2M	(33.8M)	21.7M	127.4M	55.4M	58.1M
Minority Interest	207K	132K	(31K)	(42K)	(28K)	(29.4K)
Tax Provision	19.2M	(33.8M)	21.7M	127.4M	55.4M	58.1M
Interest Income	7.7M	75K	254K	7.0M	21.8M	12.7M
Net Interest Income	(27.6M)	(28.0M)	(28.2M)	(29.3M)	(7.4M)	(7.8M)
Reconciled Depreciation	146.3M	125.3M	130.8M	134.4M	111.3M	135.3M

Pair Trading with International Petroleum

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 International Petroleum 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 International Petroleum will appreciate offsetting losses from the drop in the long position's value.

Moving against International Stock

0.81	ENS	E Split Corp	Pair Corr
0.8	ENB-PFV	Enbridge Pref 5	Pair Corr
0.74	ENS-PA	E Split Corp	Pair Corr
0.52	ENB-PFU	Enbridge Pref L	Pair Corr
0.46	CCL-A	CCL Industries	Pair Corr

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

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

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International Historical Income Statement

About International Income Statement Analysis

International Petroleum Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

International Petroleum income statement Correlations

International Petroleum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

International Petroleum income statement Accounts

Pair Trading with International Petroleum

Moving against International Stock

Other Information on Investing in International Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Net Income	+ 1.0	Net Income From Continuing Ops
Operating Income	+ 0.99	Gross Profit
Ebit	+ 0.99	Operating Income
Income Before Tax	+ 0.99	Net Income From Continuing Ops
Net Income	+ 0.99	Income Before Tax

Net Interest Income	- 0.87	Minority Interest
Total Other Income Expense Net	- 0.87	Total Revenue
Net Interest Income	- 0.87	Interest Expense
Total Other Income Expense Net	- 0.86	Interest Expense
Reconciled Depreciation	- 0.85	Net Interest Income
Total Other Income Expense Net	- 0.84	Cost Of Revenue