Minnova Historical Income Statement

MCI Stock  CAD 0.05  0.00  0.00%   
Historical analysis of Minnova Corp income statement accounts such as Total Other Income Expense Net of 2.9 K can show how well Minnova Corp performed in making a profits. Evaluating Minnova Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Minnova Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Minnova Corp 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 Minnova Corp is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minnova 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 Minnova Income Statement Analysis

Minnova Corp 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 Minnova Corp shareholders. The income statement also shows Minnova 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).

Minnova Corp Income Statement Chart

At this time, Minnova Corp's Depreciation And Amortization is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 2.1 M in 2024, whereas EBIT is likely to drop (2.1 M) in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Minnova Corp. It is also known as Minnova Corp 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Minnova Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Minnova Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minnova 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.
At this time, Minnova Corp's Depreciation And Amortization is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 2.1 M in 2024, whereas EBIT is likely to drop (2.1 M) in 2024.

Minnova Corp income statement Correlations

0.64-0.17-0.62-0.50.170.00.05-0.080.080.42-0.150.45-0.240.170.240.55-0.68-0.62-0.69
0.64-0.53-0.93-0.880.66-0.4-0.14-0.470.610.350.020.38-0.25-0.350.24-0.12-0.24-0.35-0.5
-0.17-0.530.580.69-0.780.710.480.88-0.72-0.220.02-0.090.060.29-0.060.39-0.26-0.04-0.14
-0.62-0.930.580.97-0.610.310.040.36-0.55-0.320.31-0.370.230.13-0.220.150.250.50.48
-0.5-0.880.690.97-0.750.410.070.45-0.66-0.330.31-0.340.280.24-0.270.260.10.40.32
0.170.66-0.78-0.61-0.75-0.66-0.25-0.730.860.350.170.22-0.38-0.670.39-0.380.280.120.11
0.0-0.40.710.310.41-0.660.890.86-0.59-0.23-0.45-0.02-0.120.430.120.43-0.36-0.29-0.22
0.05-0.140.480.040.07-0.250.890.71-0.24-0.07-0.50.08-0.380.150.380.28-0.25-0.28-0.17
-0.08-0.470.880.360.45-0.730.860.71-0.65-0.24-0.4-0.090.010.5-0.010.37-0.31-0.26-0.16
0.080.61-0.72-0.55-0.660.86-0.59-0.24-0.650.260.23-0.24-0.05-0.460.05-0.470.480.370.34
0.420.35-0.22-0.32-0.330.35-0.23-0.07-0.240.26-0.040.09-0.230.060.240.25-0.22-0.14-0.14
-0.150.020.020.310.310.17-0.45-0.5-0.40.23-0.04-0.170.03-0.54-0.03-0.10.30.630.24
0.450.38-0.09-0.37-0.340.22-0.020.08-0.09-0.240.09-0.17-0.64-0.370.640.29-0.6-0.69-0.74
-0.24-0.250.060.230.28-0.38-0.12-0.380.01-0.05-0.230.03-0.640.44-1.0-0.180.250.30.3
0.17-0.350.290.130.24-0.670.430.150.5-0.460.06-0.54-0.370.44-0.440.38-0.3-0.3-0.07
0.240.24-0.06-0.22-0.270.390.120.38-0.010.050.24-0.030.64-1.0-0.440.18-0.24-0.3-0.29
0.55-0.120.390.150.26-0.380.430.280.37-0.470.25-0.10.29-0.180.380.18-0.82-0.52-0.53
-0.68-0.24-0.260.250.10.28-0.36-0.25-0.310.48-0.220.3-0.60.25-0.3-0.24-0.820.860.9
-0.62-0.35-0.040.50.40.12-0.29-0.28-0.260.37-0.140.63-0.690.3-0.3-0.3-0.520.860.88
-0.69-0.5-0.140.480.320.11-0.22-0.17-0.160.34-0.140.24-0.740.3-0.07-0.29-0.530.90.88
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Minnova Corp Account Relationship Matchups

Minnova Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization65.1K49.1K70.2K103.3K118.8K124.7K
Other Operating Expenses148.0K620.9K387.2K1.8M2.0M2.1M
Operating Income124.2K167.6K(1.1M)(1.8M)(377.7K)(396.6K)
Ebit83.3K139.5K(1.2M)(1.8M)(2.0M)(2.1M)
Ebitda148.4K188.6K(1.1M)(1.7M)(1.5M)(1.4M)
Total Operating Expenses123.8K599.8K368.7K1.7M377.7K358.8K
Income Before Tax(413.5K)(1.2M)410.8K(1.8M)(375.0K)(393.7K)
Total Other Income Expense Net(272.2K)(546.1K)793.9K4.4K2.7K2.9K
Net Income(413.5K)(1.2M)401.3K(1.8M)(375.0K)(393.7K)
Selling General Administrative282.9K571.7K317.0K426.3K362.4K649.8K
Income Tax Expense265.5K788.4K(743.6K)2.01.81.71
Gross Profit(24.2K)(21.0K)(18.4K)(103.3K)(14.4K)(15.1K)
Net Income From Continuing Ops(413.5K)(1.2M)410.8K(1.8M)(375.0K)(393.7K)
Cost Of Revenue24.2K21.0K18.4K103.3K14.4K13.7K
Net Income Applicable To Common Shares(413.5K)(1.2M)(57.2K)(1.8M)(2.0M)(1.9M)
Net Interest Income6.7K20.4K4.1K(34.6K)(39.8K)(41.8K)
Reconciled Depreciation24.2K21.0K18.4K16.2K14.4K17.7K

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Additional Tools for Minnova Stock Analysis

When running Minnova Corp's price analysis, check to measure Minnova Corp'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 Minnova Corp is operating at the current time. Most of Minnova Corp's value examination focuses on studying past and present price action to predict the probability of Minnova Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minnova Corp's price. Additionally, you may evaluate how the addition of Minnova Corp to your portfolios can decrease your overall portfolio volatility.