Nickel Historical Income Statement
NCP Stock | CAD 0.84 0.02 2.33% |
Historical analysis of Nickel Creek income statement accounts such as Total Operating Expenses of 2.2 M can show how well Nickel Creek Platinum performed in making a profits. Evaluating Nickel Creek income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nickel Creek's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Nickel Creek Platinum 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 Nickel Creek Platinum is a good buy for the upcoming year.
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About Nickel Income Statement Analysis
Nickel Creek Platinum 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 Nickel Creek shareholders. The income statement also shows Nickel 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).
Nickel Creek 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 Nickel Creek Platinum. It is also known as Nickel Creek 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 Nickel Creek's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nickel Creek Platinum 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 Nickel Creek Platinum. 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, Nickel Creek's Total Other Income Expense Net is very stable compared to the past year. As of the 22nd of November 2024, Selling And Marketing Expenses is likely to grow to about 2.8 M, while Interest Expense is likely to drop 5,225.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 6.3K | 51.9K | 58.3K | 45.8K | Interest Income | 473.2K | 268.4K | 64.5K | 61.3K |
Nickel Creek income statement Correlations
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Nickel Creek Account Relationship Matchups
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High Negative Relationship
Nickel Creek income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 23.3K | 7.7K | 4.4K | 6.1K | 5.5K | 5.2K | |
Selling General Administrative | 2.6M | 1.9M | 2.1M | 2.0M | 1.2M | 1.1M | |
Other Operating Expenses | 3.4M | 2.4M | 2.4M | 2.2M | 2.4M | 2.3M | |
Operating Income | (3.3M) | (2.3M) | (2.2M) | (1.9M) | (2.4M) | (2.6M) | |
Ebit | (3.3M) | (2.3M) | (2.2M) | (1.9M) | (2.4M) | (2.6M) | |
Ebitda | (2.9M) | (2.1M) | (2.0M) | (1.7M) | (2.3M) | (2.4M) | |
Total Operating Expenses | 3.1M | 2.2M | 2.2M | 2.1M | 2.3M | 2.2M | |
Net Income | (3.3M) | (2.4M) | (1.8M) | (1.6M) | (2.4M) | (2.5M) | |
Income Tax Expense | 63.2K | 92.7K | 164.0K | (216.5K) | (3.0) | (2.85) | |
Gross Profit | (306.7K) | (211.2K) | (143.0K) | (122.8K) | (113.6K) | (119.3K) | |
Income Before Tax | (3.3M) | (2.4M) | (1.8M) | (1.6M) | (2.4M) | (2.5M) | |
Total Other Income Expense Net | (23.8K) | (15.8K) | 457.5K | 210.4K | 47.8K | 50.2K | |
Depreciation And Amortization | 364.4K | 257.6K | 180.6K | 122.8K | 113.6K | 107.9K | |
Net Income From Continuing Ops | (3.3M) | (2.4M) | (1.8M) | (1.6M) | (1.9M) | (2.0M) | |
Cost Of Revenue | 306.7K | 211.2K | 143.0K | 122.8K | 113.6K | 111.2K | |
Net Income Applicable To Common Shares | (3.3M) | (2.4M) | (1.8M) | (1.6M) | (1.9M) | (2.0M) | |
Interest Income | 6.4K | 1.1K | 473.2K | 268.4K | 64.5K | 61.3K | |
Net Interest Income | 6.4K | 1.1K | 6.3K | 51.9K | 58.3K | 45.8K | |
Reconciled Depreciation | 364.4K | 257.6K | 180.6K | 122.8K | 120.2K | 171.1K |
Pair Trading with Nickel Creek
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 Nickel Creek 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 Nickel Creek will appreciate offsetting losses from the drop in the long position's value.Moving against Nickel Stock
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0.43 | RY-PJ | Royal Bank | PairCorr |
The ability to find closely correlated positions to Nickel Creek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nickel Creek 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 Nickel Creek - 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 Nickel Creek Platinum to buy it.
The correlation of Nickel Creek 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 Nickel Creek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nickel Creek Platinum 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 Nickel Creek 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.Other Information on Investing in Nickel Stock
Nickel Creek Platinum 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 Nickel Creek shareholders. The income statement also shows Nickel 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).