Arizona Historical Income Statement
| ASCU Stock | 1.46 0.01 0.68% |
Historical analysis of Arizona Sonoran income statement accounts such as Depreciation And Amortization of 60.8 K, Interest Expense of 467.4 K or Selling General Administrative of 1.2 M can show how well Arizona Sonoran Copper performed in making a profits. Evaluating Arizona Sonoran income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Arizona Sonoran's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Arizona Sonoran Copper 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 Arizona Sonoran Copper is a good buy for the upcoming year.
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About Arizona Income Statement Analysis
Arizona Sonoran Copper 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 Arizona Sonoran shareholders. The income statement also shows Arizona 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).
Arizona Sonoran Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Arizona Sonoran Copper 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.Operating Income
Operating Income is the amount of profit realized from Arizona Sonoran Copper operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Arizona Sonoran Copper is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Arizona Sonoran Copper minus its cost of goods sold. It is profit before Arizona Sonoran 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 Arizona Sonoran's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Arizona Sonoran Copper 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arizona Sonoran Copper. 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, Arizona Sonoran's Interest Income is very stable compared to the past year. As of the 11th of December 2024, Net Interest Income is likely to grow to about 439.9 K, while Depreciation And Amortization is likely to drop about 60.8 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 75K | 83K | 111K | 78.7K | Cost Of Revenue | 75K | 84K | 63K | 65.7K |
Arizona Sonoran income statement Correlations
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Arizona Sonoran Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Arizona Sonoran
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 Arizona Sonoran 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 Arizona Sonoran will appreciate offsetting losses from the drop in the long position's value.Moving against Arizona Stock
| 0.66 | IE | Ivanhoe Energy | PairCorr |
| 0.65 | IFC | Intact Financial | PairCorr |
| 0.62 | BYD | Boyd Group Services | PairCorr |
| 0.61 | FFH | Fairfax Financial | PairCorr |
| 0.59 | FSV | FirstService Corp | PairCorr |
The ability to find closely correlated positions to Arizona Sonoran could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arizona Sonoran 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 Arizona Sonoran - 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 Arizona Sonoran Copper to buy it.
The correlation of Arizona Sonoran 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 Arizona Sonoran moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arizona Sonoran Copper 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 Arizona Sonoran 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 Arizona Stock
Arizona Sonoran Copper 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 Arizona Sonoran shareholders. The income statement also shows Arizona 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).