Putnam Historical Income Statement
| PMO Stock | USD 10.63 0.20 1.92% |
Historical analysis of Putnam Municipal income statement accounts such as Net Income From Continuing Ops of 14 M, Cost Of Revenue of 7.1 M, Total Operating Expenses of 20 M or Income Before Tax of 16.6 M can show how well Putnam Municipal Opportunities performed in making a profits. Evaluating Putnam Municipal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Putnam Municipal's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Putnam Municipal Opp 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 Putnam Municipal Opp is a good buy for the upcoming year.
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About Putnam Income Statement Analysis
Putnam Municipal Opp 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 Putnam Municipal shareholders. The income statement also shows Putnam 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).
Putnam Municipal Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Putnam Municipal Opportunities minus its cost of goods sold. It is profit before Putnam Municipal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Putnam Municipal Opp. It is also known as Putnam Municipal 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.Most accounts from Putnam Municipal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Putnam Municipal Opp 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 Putnam Municipal Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Putnam Municipal's Other Operating Expenses is very stable compared to the past year. As of the 27th of November 2024, EBITDA is likely to grow to about 20.6 M, while Interest Expense is likely to drop about 603.8 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 19.4M | 20.0M | 21.1M | 18.0M | Interest Income | 19.8M | 21.4M | 21.7M | 19.5M |
Putnam Municipal income statement Correlations
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Putnam Municipal Account Relationship Matchups
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Putnam Municipal income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 753.0K | 394.5K | 396.6K | 1.4M | 635.6K | 603.8K | |
| Selling General Administrative | 396.6K | 469.3K | 458.7K | 444.5K | 461.0K | 438.0K | |
| Total Revenue | (300.2K) | 77.1M | (56.7M) | 11.0M | 14.8M | 19.2M | |
| Gross Profit | 23.2M | 20.8M | 19.8M | 8.3M | 8.0M | 7.6M | |
| Operating Income | 19.3M | 16.7M | 15.6M | 18.2M | (11.0M) | (10.5M) | |
| Net Income From Continuing Ops | (871.0K) | 76.4M | (57.6M) | 10.7M | 19.0M | 14.0M | |
| Ebit | (24.2M) | 76.1M | (53.9M) | 12.1M | (11.0M) | (10.5M) | |
| Cost Of Revenue | (23.5M) | 56.3M | (76.5M) | 2.8M | 6.7M | 7.1M | |
| Total Operating Expenses | 570.8K | 747.7K | 901.6K | 337.3K | 19.1M | 20.0M | |
| Income Before Tax | (871.0K) | 76.4M | (57.6M) | 10.7M | 19.0M | 16.6M | |
| Total Other Income Expense Net | (20.1M) | 59.6M | (76.5M) | (7.5M) | 30.0M | 31.5M | |
| Net Income Applicable To Common Shares | (4.7M) | 76.1M | (57.8M) | 5.4M | 6.2M | 10.4M | |
| Net Income | (871.0K) | 76.4M | (57.6M) | 10.7M | 19.0M | 15.5M | |
| Income Tax Expense | (24.0M) | 59.4M | (73.5M) | (12.8M) | (167.9K) | (176.3K) | |
| Depreciation And Amortization | 171.9K | (16.7M) | (15.6M) | (18.2M) | 30.7M | 32.2M | |
| Other Operating Expenses | 25.2M | 53.7M | 73.4M | 9.7M | 19.1M | 21.0M | |
| Ebitda | (24.0M) | 59.4M | (69.5M) | (6.1M) | 19.6M | 20.6M | |
| Interest Income | 19.4M | 20.8M | 19.8M | 21.4M | 21.7M | 19.5M | |
| Net Interest Income | 22.4M | 20.4M | 19.4M | 20.0M | 21.1M | 18.0M |
Pair Trading with Putnam Municipal
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 Putnam Municipal 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 Putnam Municipal will appreciate offsetting losses from the drop in the long position's value.Moving against Putnam Stock
| 0.59 | AX | Axos Financial | PairCorr |
| 0.59 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.56 | L | Loews Corp | PairCorr |
| 0.55 | CNNE | Cannae Holdings | PairCorr |
| 0.44 | ROCL | Roth CH Acquisition | PairCorr |
The ability to find closely correlated positions to Putnam Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Putnam Municipal 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 Putnam Municipal - 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 Putnam Municipal Opportunities to buy it.
The correlation of Putnam Municipal 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 Putnam Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putnam Municipal Opp 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 Putnam Municipal 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Municipal Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Putnam Municipal. If investors know Putnam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Putnam Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.619 | Earnings Share 0.59 | Revenue Per Share 0.632 | Quarterly Revenue Growth 0.105 |
The market value of Putnam Municipal Opp is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Municipal's value that differs from its market value or its book value, called intrinsic value, which is Putnam Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam Municipal's market value can be influenced by many factors that don't directly affect Putnam Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.