Steppe Historical Income Statement

STGO Stock

CAD 0.64 0.01 1.59%

Historical analysis of Steppe Gold income statement accounts such as Selling General Administrative of 7.5 M, Selling And Marketing Expenses of 951.1 K, Total Revenue of 29.2 M or Other Operating Expenses of 23.4 M can show how well Steppe Gold performed in making a profits. Evaluating Steppe Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Steppe Gold's future profits or losses.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Steppe Gold 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 Steppe Gold is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steppe Gold. 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 Steppe Income Statement Analysis

Steppe Gold 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 Steppe Gold shareholders. The income statement also shows Steppe 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).

Steppe Gold Income Statement Chart

At this time, Steppe Gold's EBITDA is very stable compared to the past year. As of the 30th of November 2024, Income Before Tax is likely to grow to about 12 M, while Depreciation And Amortization is likely to drop about 2.2 M.

Selling General Administrative Selling And Marketing Expenses Other Operating Expenses Total Operating Expenses

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Steppe Gold. It is also known as Steppe Gold 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 Steppe Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Steppe Gold 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 Steppe Gold. 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.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	2.8M	4.2M	2.6M	2.2M
Cost Of Revenue	14.4M	31.5M	24.8M	14.9M

Reconciled Depreciation Cost Of Revenue

Steppe Gold income statement Correlations

	Interest Income	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Net Interest Income	Gross Profit	Cost Of Revenue	Reconciled Depreciation
Interest Income		0.46	0.69	-0.69	0.78	0.87	0.76	0.87	0.85	0.77	0.71	-0.34	0.68	0.54	0.94	-0.08	0.76	0.79	0.67
Depreciation And Amortization	0.46		0.47	-0.09	0.72	0.77	0.43	0.77	0.8	0.54	0.43	-0.58	0.45	-0.28	0.43	-0.15	0.78	0.78	0.79
Selling General Administrative	0.69	0.47		-0.83	0.92	0.71	0.25	0.71	0.7	0.96	0.22	-0.74	0.19	0.52	0.63	-0.26	0.83	0.87	0.88
Selling And Marketing Expenses	-0.69	-0.09	-0.83		-0.72	-0.58	-0.25	-0.58	-0.54	-0.84	-0.17	0.59	-0.12	-0.66	-0.55	0.29	-0.65	-0.66	-0.65
Other Operating Expenses	0.78	0.72	0.92	-0.72		0.89	0.45	0.88	0.88	0.96	0.42	-0.74	0.4	0.36	0.69	-0.23	0.97	0.99	0.96
Operating Income	0.87	0.77	0.71	-0.58	0.89		0.76	1.0	1.0	0.78	0.73	-0.52	0.71	0.25	0.73	-0.01	0.94	0.93	0.87
Net Income From Continuing Ops	0.76	0.43	0.25	-0.25	0.45	0.76		0.76	0.75	0.33	0.99	0.16	0.99	0.37	0.63	0.48	0.57	0.52	0.36
Ebit	0.87	0.77	0.71	-0.58	0.88	1.0	0.76		1.0	0.78	0.73	-0.51	0.72	0.25	0.74	-0.01	0.93	0.92	0.87
Ebitda	0.85	0.8	0.7	-0.54	0.88	1.0	0.75	1.0		0.77	0.72	-0.53	0.71	0.2	0.72	-0.03	0.93	0.93	0.87
Total Operating Expenses	0.77	0.54	0.96	-0.84	0.96	0.78	0.33	0.78	0.77		0.28	-0.75	0.25	0.51	0.69	-0.33	0.89	0.92	0.9
Income Before Tax	0.71	0.43	0.22	-0.17	0.42	0.73	0.99	0.73	0.72	0.28		0.21	1.0	0.34	0.61	0.54	0.54	0.49	0.33
Total Other Income Expense Net	-0.34	-0.58	-0.74	0.59	-0.74	-0.52	0.16	-0.51	-0.53	-0.75	0.21		0.22	0.1	-0.28	0.7	-0.66	-0.71	-0.83
Net Income	0.68	0.45	0.19	-0.12	0.4	0.71	0.99	0.72	0.71	0.25	1.0	0.22		0.31	0.57	0.57	0.52	0.47	0.32
Income Tax Expense	0.54	-0.28	0.52	-0.66	0.36	0.25	0.37	0.25	0.2	0.51	0.34	0.1	0.31		0.5	0.25	0.29	0.28	0.15
Minority Interest	0.94	0.43	0.63	-0.55	0.69	0.73	0.63	0.74	0.72	0.69	0.61	-0.28	0.57	0.5		-0.19	0.62	0.68	0.57
Net Interest Income	-0.08	-0.15	-0.26	0.29	-0.23	-0.01	0.48	-0.01	-0.03	-0.33	0.54	0.7	0.57	0.25	-0.19		-0.09	-0.18	-0.28
Gross Profit	0.76	0.78	0.83	-0.65	0.97	0.94	0.57	0.93	0.93	0.89	0.54	-0.66	0.52	0.29	0.62	-0.09		0.99	0.95
Cost Of Revenue	0.79	0.78	0.87	-0.66	0.99	0.93	0.52	0.92	0.93	0.92	0.49	-0.71	0.47	0.28	0.68	-0.18	0.99		0.97
Reconciled Depreciation	0.67	0.79	0.88	-0.65	0.96	0.87	0.36	0.87	0.87	0.9	0.33	-0.83	0.32	0.15	0.57	-0.28	0.95	0.97

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Steppe Gold Account Relationship Matchups

Steppe Gold income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	60K	4.1M	2.8M	4.2M	3.1M	2.2M
Interest Expense	1.0M	2.6M	28.5M	5.7M	4.9M	6.1M
Selling General Administrative	4.3M	9.2M	9.1M	13.0M	8.4M	7.5M
Total Revenue	19.5M	52.1M	24.1M	62.4M	54.2M	29.2M
Other Operating Expenses	4.6M	35.7M	27.0M	47.0M	40.8M	23.4M
Operating Income	(4.6M)	16.5M	900K	25.2M	20.0M	21.0M
Net Income From Continuing Ops	(5.2M)	(4.1M)	(22.7M)	15.7M	14.2M	14.9M
Ebit	(4.4M)	15.9M	900K	25.2M	20.0M	21.0M
Ebitda	(4.4M)	20.0M	3.7M	29.4M	23.1M	24.2M
Total Operating Expenses	4.4M	12.1M	12.6M	15.4M	15.9M	10.4M
Income Before Tax	(5.2M)	(4.5M)	(22.9M)	17.5M	11.5M	12.0M
Total Other Income Expense Net	(681.3K)	(21.0M)	(23.8M)	(7.7M)	(8.5M)	(8.9M)
Net Income Applicable To Common Shares	(5.2M)	(4.0M)	(22.6M)	16.0M	18.3M	19.3M
Net Income	(6.5M)	(4.1M)	(22.7M)	16.0M	9.4M	9.9M
Income Tax Expense	1.3M	(400K)	(273K)	1.8M	2.1M	1.2M
Minority Interest	(112.4K)	(199K)	55K	239K	166K	174.3K
Net Interest Income	(1.3M)	(3.0M)	(25.0M)	4.2M	(6.0M)	(6.3M)
Gross Profit	(169.5K)	28.5M	9.7M	30.8M	29.4M	15.4M
Cost Of Revenue	169.5K	23.6M	14.4M	31.5M	24.8M	14.9M
Reconciled Depreciation	169.5K	4.1M	2.8M	4.2M	2.6M	2.2M

Pair Trading with Steppe Gold

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

Moving together with Steppe Stock

0.73	AG	First Majestic Silver	Pair Corr
0.71	ORE	Orezone Gold Corp	Pair Corr

Moving against Steppe Stock

0.51

BRK

Berkshire Hathaway CDR

Pair Corr

The ability to find closely correlated positions to Steppe Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steppe Gold 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 Steppe Gold - 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 Steppe Gold to buy it.

The correlation of Steppe Gold 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 Steppe Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steppe Gold 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 Steppe Gold 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 Correlation Correlation Matching

Other Information on Investing in Steppe Stock

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Steppe Historical Income Statement

About Steppe Income Statement Analysis

Steppe Gold Income Statement Chart

Other Operating Expenses

Total Operating Expenses

Steppe Gold income statement Correlations

Steppe Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Steppe Gold income statement Accounts

Pair Trading with Steppe Gold

Moving together with Steppe Stock

Moving against Steppe Stock

Other Information on Investing in Steppe Stock

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Tax Provision	Interest Income
Depreciation And Amortization	Interest Expense
Selling General Administrative	Selling And Marketing Expenses
Total Revenue	Other Operating Expenses
Operating Income	Net Income From Continuing Ops
Ebit	Ebitda
Total Operating Expenses	Income Before Tax
Total Other Income Expense Net	Net Income Applicable To Common Shares
Net Income	Income Tax Expense
Minority Interest	Net Interest Income
Gross Profit	Cost Of Revenue
Reconciled Depreciation

Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Cost Of Revenue	+ 0.99	Other Operating Expenses
Income Before Tax	+ 0.99	Net Income From Continuing Ops

Total Operating Expenses	- 0.84	Selling And Marketing Expenses
Reconciled Depreciation	- 0.83	Total Other Income Expense Net
Selling And Marketing Expenses	- 0.83	Selling General Administrative
Total Other Income Expense Net	- 0.75	Total Operating Expenses
Total Other Income Expense Net	- 0.74	Other Operating Expenses
Total Other Income Expense Net	- 0.74	Selling General Administrative