Polaris Historical Income Statement
PIF Stock | CAD 12.90 0.15 1.15% |
Historical analysis of Polaris Infrastructure income statement accounts such as Operating Income of 33.9 M, Ebit of 33.9 M, EBITDA of 68.8 M or Total Operating Expenses of 47.4 M can show how well Polaris Infrastructure performed in making a profits. Evaluating Polaris Infrastructure income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Polaris Infrastructure's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Polaris Infrastructure 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 Polaris Infrastructure is a good buy for the upcoming year.
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About Polaris Income Statement Analysis
Polaris Infrastructure 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 Polaris Infrastructure shareholders. The income statement also shows Polaris 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).
Polaris Infrastructure 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 Polaris Infrastructure. It is also known as Polaris Infrastructure 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.Total Revenue
Total revenue comprises all receipts Polaris Infrastructure 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.Most accounts from Polaris Infrastructure's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Polaris Infrastructure 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Infrastructure. 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, Polaris Infrastructure's Total Operating Expenses is very stable compared to the past year. As of the 23rd of January 2025, Net Income is likely to grow to about 14.2 M, while Selling General Administrative is likely to drop about 5.4 M.
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 17.1M | 19.3M | 22.2M | 23.3M | Depreciation And Amortization | 25.6M | 28.9M | 33.3M | 35.0M |
Polaris Infrastructure income statement Correlations
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Polaris Infrastructure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Polaris Infrastructure income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Depreciation And Amortization | 24.7M | 26.4M | 25.6M | 28.9M | 33.3M | 35.0M | |
Interest Expense | 14.9M | 14.9M | 17.1M | 19.3M | 22.2M | 23.3M | |
Selling General Administrative | 5.9M | 6.5M | 6.4M | 7.9M | 9.0M | 5.4M | |
Other Operating Expenses | 42.3M | 43.6M | 45.0M | 50.5M | 58.1M | 61.0M | |
Operating Income | 37.9M | 15.9M | 17.6M | 28.0M | 32.2M | 33.9M | |
Ebit | 53.8M | 19.3M | 19.6M | 28.0M | 32.2M | 33.9M | |
Ebitda | 78.6M | 45.7M | 45.2M | 57.0M | 65.5M | 68.8M | |
Total Operating Expenses | 6.3M | 6.8M | 7.6M | 39.2M | 45.1M | 47.4M | |
Net Income | 28.8M | 501K | 2.5M | 11.7M | 13.5M | 14.2M | |
Income Tax Expense | 10.1M | 3.9M | (1.5M) | (5.4M) | (6.2M) | (5.9M) | |
Income Before Tax | 39.0M | 4.4M | 969K | 6.4M | 7.3M | 7.7M | |
Total Other Income Expense Net | (17.9M) | (11.5M) | (16.6M) | (21.7M) | (24.9M) | (26.2M) | |
Total Revenue | 74.7M | 59.5M | 62.6M | 78.5M | 90.3M | 52.6M | |
Gross Profit | 38.8M | 22.8M | 25.2M | 67.3M | 77.4M | 81.2M | |
Cost Of Revenue | 36.0M | 36.8M | 37.4M | 11.2M | 12.9M | 25.3M | |
Net Income From Continuing Ops | 28.9M | 542K | 2.4M | 11.8M | 13.6M | 14.2M | |
Net Income Applicable To Common Shares | 14.5M | 28.8M | 501K | 2.5M | 2.9M | 3.0M | |
Minority Interest | (2.0M) | (41K) | 66K | (55K) | (49.5K) | (52.0K) | |
Tax Provision | 10.1M | 3.9M | (1.5M) | (5.4M) | (4.9M) | (4.6M) | |
Interest Income | 314K | 13.3M | 3.4M | 1.9M | 1.7M | 1.6M | |
Net Interest Income | (16.9M) | (16.6M) | (14.6M) | (18.8M) | (21.6M) | (22.7M) | |
Reconciled Depreciation | 24.7M | 26.4M | 25.6M | 29.2M | 33.5M | 27.3M |
Pair Trading with Polaris Infrastructure
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 Polaris Infrastructure 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 Polaris Infrastructure will appreciate offsetting losses from the drop in the long position's value.Moving together with Polaris Stock
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Moving against Polaris Stock
The ability to find closely correlated positions to Polaris Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Polaris Infrastructure 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 Polaris Infrastructure - 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 Polaris Infrastructure to buy it.
The correlation of Polaris Infrastructure 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 Polaris Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Polaris Infrastructure 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 Polaris Infrastructure 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 Polaris Stock
Polaris Infrastructure 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 Polaris Infrastructure shareholders. The income statement also shows Polaris 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).