Magna Historical Income Statement
NICU Stock | 1.46 0.03 2.10% |
Historical analysis of Magna Mining income statement accounts such as Interest Income of 899.4 K can show how well Magna Mining performed in making a profits. Evaluating Magna Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Magna Mining's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Magna Mining 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 Magna Mining is a good buy for the upcoming year.
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About Magna Income Statement Analysis
Magna Mining 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 Magna Mining shareholders. The income statement also shows Magna 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).
Magna Mining 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 Magna Mining. It is also known as Magna Mining 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 Magna Mining income statement and represents the costs associated with goods and services Magna Mining 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.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 Magna Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Magna Mining 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 Magna Mining. 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. At this time, Magna Mining's Net Interest Income is fairly stable compared to the past year. Interest Income is likely to climb to about 899.4 K in 2024, despite the fact that EBIT is likely to grow to (4.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 1.8K | 97.0K | 856.6K | 899.4K | Net Interest Income | 1.8K | 32.2K | 498.8K | 523.8K |
Magna Mining income statement Correlations
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Magna Mining Account Relationship Matchups
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Additional Tools for Magna Stock Analysis
When running Magna Mining's price analysis, check to measure Magna Mining'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 Magna Mining is operating at the current time. Most of Magna Mining's value examination focuses on studying past and present price action to predict the probability of Magna Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Mining's price. Additionally, you may evaluate how the addition of Magna Mining to your portfolios can decrease your overall portfolio volatility.