Savaria Historical Income Statement

SIS Stock  CAD 22.72  0.09  0.39%   
Historical analysis of Savaria income statement accounts such as Gross Profit of 268.4 M, Other Operating Expenses of 799.2 M, Operating Income of 79.6 M or Ebit of 79.6 M can show how well Savaria performed in making a profits. Evaluating Savaria income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Savaria's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Savaria 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 Savaria is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Savaria. 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 Savaria Income Statement Analysis

Savaria 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 Savaria shareholders. The income statement also shows Savaria 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).

Savaria Income Statement Chart

At this time, Savaria's Operating Income is very stable compared to the past year. As of the 23rd of November 2024, EBIT is likely to grow to about 79.6 M, though Total Other Income Expense Net is likely to grow to (24.2 M).

Total Revenue

Total revenue comprises all receipts Savaria 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Savaria minus its cost of goods sold. It is profit before Savaria 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 Savaria. It is also known as Savaria 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 Savaria's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Savaria 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Savaria. 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, Savaria's Operating Income is very stable compared to the past year. As of the 23rd of November 2024, EBIT is likely to grow to about 79.6 M, though Total Other Income Expense Net is likely to grow to (24.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense11.9M16.4M24.4M25.6M
Depreciation And Amortization49.3M49.1M49.1M51.6M

Savaria income statement Correlations

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0.690.690.740.780.790.770.860.850.790.770.760.91-0.70.920.80.820.520.810.54-0.710.69
0.870.810.860.880.880.880.850.870.880.880.880.82-0.820.770.920.770.570.810.45-0.850.9
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Click cells to compare fundamentals

Savaria Account Relationship Matchups

Savaria income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization15.2M17.3M49.3M49.1M49.1M51.6M
Interest Expense5.0M3.5M11.9M16.4M24.4M25.6M
Selling General Administrative86.7M80.7M166.4M185.1M210.2M220.7M
Total Revenue374.3M354.5M661.0M789.1M837.0M878.8M
Gross Profit125.3M122.1M215.5M254.4M255.6M268.4M
Other Operating Expenses335.7M314.6M611.8M719.8M761.1M799.2M
Operating Income36.6M39.9M35.9M63.9M75.8M79.6M
Ebit36.6M39.9M47.1M68.6M75.8M79.6M
Ebitda51.8M57.2M96.4M117.7M125.0M131.2M
Cost Of Revenue249.0M232.4M445.4M534.7M581.3M610.4M
Total Operating Expenses86.7M82.3M166.4M185.1M179.8M188.8M
Income Before Tax30.7M34.8M20.1M47.5M50.3M52.8M
Total Other Income Expense Net(5.9M)(5.1M)(15.8M)(16.5M)(25.5M)(24.2M)
Net Income25.7M26.5M11.5M35.3M37.8M39.7M
Income Tax Expense4.9M8.3M8.6M12.2M12.5M13.1M
Net Income From Continuing Ops25.7M26.5M11.5M35.3M37.8M20.7M
Net Income Applicable To Common Shares25.7M26.5M11.5M35.3M40.6M42.6M
Tax Provision4.9M8.3M8.6M12.2M12.5M7.8M
Interest Income6.1M367K105K16.5M873K829.4K
Net Interest Income(4.9M)(3.5M)(13.1M)(17.1M)(23.5M)(22.3M)
Reconciled Depreciation15.2M17.3M49.3M49.1M49.1M30.8M

Pair Trading with Savaria

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 Savaria 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 Savaria will appreciate offsetting losses from the drop in the long position's value.

Moving together with Savaria Stock

  0.86CTF-UN Citadel IncomePairCorr
  0.68NVDA NVIDIA CDRPairCorr

Moving against Savaria Stock

  0.67DELX DelphX Capital Markets Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Savaria could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Savaria 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 Savaria - 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 Savaria to buy it.
The correlation of Savaria 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 Savaria moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Savaria 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 Savaria 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Savaria Stock

Savaria 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 Savaria shareholders. The income statement also shows Savaria 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).