Trisura Historical Income Statement

TSU Stock  CAD 39.20  0.06  0.15%   
Historical analysis of Trisura income statement accounts such as Selling General Administrative of 632.8 M, Total Revenue of 3 B, Gross Profit of 3 B or Other Operating Expenses of 2.9 B can show how well Trisura Group performed in making a profits. Evaluating Trisura income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Trisura's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Trisura Group 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 Trisura Group 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 Trisura Group. 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 Trisura Income Statement Analysis

Trisura Group 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 Trisura shareholders. The income statement also shows Trisura 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).

Trisura Income Statement Chart

At this time, Trisura's Other Operating Expenses is very stable compared to the past year. As of the 26th of November 2024, Operating Income is likely to grow to about 103.1 M, though Net Interest Income is likely to grow to (2.3 M).

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts Trisura Group 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 Trisura Group minus its cost of goods sold. It is profit before Trisura 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.
Most accounts from Trisura's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Trisura Group 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 Trisura Group. 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, Trisura's Other Operating Expenses is very stable compared to the past year. As of the 26th of November 2024, Operating Income is likely to grow to about 103.1 M, though Net Interest Income is likely to grow to (2.3 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization3.9M3.6M1.7M2.4M
Interest Income17.4M24.9M54.4M57.1M

Trisura income statement Correlations

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-0.86-0.73-0.78-0.97-0.94-0.72-0.72-0.71-0.82-0.79-0.32-0.34-0.720.27-0.81-0.67-0.8-0.860.59-0.77
0.88-0.730.310.620.890.980.980.980.860.81-0.15-0.130.520.340.830.80.820.88-0.920.33
0.65-0.780.310.790.640.270.270.260.640.660.790.80.73-0.60.660.540.680.65-0.191.0
0.79-0.970.620.790.880.610.610.60.740.720.390.410.78-0.380.740.580.730.79-0.420.77
0.93-0.940.890.640.880.870.870.860.910.880.210.230.67-0.090.90.780.890.93-0.760.65
0.89-0.720.980.270.610.871.01.00.860.82-0.18-0.170.450.420.840.820.820.89-0.940.28
0.89-0.720.980.270.610.871.01.00.860.82-0.18-0.170.450.420.840.820.820.89-0.940.28
0.88-0.710.980.260.60.861.01.00.850.81-0.2-0.190.440.430.830.810.810.88-0.940.27
0.99-0.820.860.640.740.910.860.860.851.00.330.350.660.11.00.961.00.99-0.770.65
0.97-0.790.810.660.720.880.820.820.811.00.40.410.670.061.00.971.00.97-0.730.67
0.28-0.32-0.150.790.390.21-0.18-0.18-0.20.330.41.00.48-0.70.370.30.410.280.260.79
0.29-0.34-0.130.80.410.23-0.17-0.17-0.190.350.411.00.5-0.710.390.310.420.290.250.8
0.66-0.720.520.730.780.670.450.450.440.660.670.480.5-0.30.670.620.680.66-0.230.72
0.10.270.34-0.6-0.38-0.090.420.420.430.10.06-0.7-0.71-0.30.070.260.040.1-0.5-0.6
0.98-0.810.830.660.740.90.840.840.831.01.00.370.390.670.070.971.00.98-0.750.67
0.94-0.670.80.540.580.780.820.820.810.960.970.30.310.620.260.970.960.94-0.760.55
0.97-0.80.820.680.730.890.820.820.811.01.00.410.420.680.041.00.960.97-0.730.69
1.0-0.860.880.650.790.930.890.890.880.990.970.280.290.660.10.980.940.97-0.80.65
-0.80.59-0.92-0.19-0.42-0.76-0.94-0.94-0.94-0.77-0.730.260.25-0.23-0.5-0.75-0.76-0.73-0.8-0.22
0.65-0.770.331.00.770.650.280.280.270.650.670.790.80.72-0.60.670.550.690.65-0.22
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Trisura Account Relationship Matchups

Trisura income statement Accounts

201920202021202220232024 (projected)
Tax Provision6.1M7.0M17.9M10.8M23.5M24.7M
Net Interest Income(1.4M)(1.1M)(1.6M)(2.6M)(2.4M)(2.3M)
Interest Income16.0M14.8M17.4M24.9M54.4M57.1M
Depreciation And Amortization2.5M2.6M3.9M3.6M1.7M2.4M
Interest Expense1.4M1.1M1.6M2.6M2.4M1.6M
Selling General Administrative82.9M169.6M301.6M524.1M602.7M632.8M
Total Revenue137.5M226.6M349.9M526.1M2.8B3.0B
Gross Profit137.5M226.6M349.9M526.1M2.8B3.0B
Other Operating Expenses126.3M187.2M269.4M490.7M2.7B2.9B
Operating Income11.2M39.5M80.4M38.1M98.2M103.1M
Net Income From Continuing Ops5.1M32.4M62.6M24.7M66.9M70.3M
Ebit14.0M11.2M39.5M80.4M38.1M0.0
Ebitda13.7M42.1M84.4M41.7M1.7M1.6M
Total Operating Expenses(126.3M)(187.2M)(269.4M)(488.0M)43.1M45.2M
Income Before Tax11.2M39.5M80.4M35.4M90.4M94.9M
Total Other Income Expense Net11.2M39.5M80.4M(2.6M)90.4M94.9M
Net Income Applicable To Common Shares5.0M32.4M62.6M24.7M28.3M21.7M
Net Income5.1M32.4M62.6M27.8M66.9M70.3M
Income Tax Expense6.1M7.0M17.9M10.8M23.5M24.7M
Reconciled Depreciation2.5M2.6M3.9M3.6M1.7M2.6M

Pair Trading with Trisura

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

Moving against Trisura Stock

The ability to find closely correlated positions to Trisura could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trisura 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 Trisura - 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 Trisura Group to buy it.
The correlation of Trisura 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 Trisura moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trisura Group 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 Trisura 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 Trisura Stock

Trisura Group 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 Trisura shareholders. The income statement also shows Trisura 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).