Bausch Historical Income Statement
BHC Stock | CAD 10.71 0.07 0.66% |
Historical analysis of Bausch Health income statement accounts such as Interest Expense of 1.4 B, Selling General Administrative of 2.4 B or Total Revenue of 9.2 B can show how well Bausch Health Companies performed in making a profits. Evaluating Bausch Health income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bausch Health's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Bausch Health Companies 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 Bausch Health Companies is a good buy for the upcoming year.
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About Bausch Income Statement Analysis
Bausch Health Companies 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 Bausch Health shareholders. The income statement also shows Bausch 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).
Bausch Health Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Bausch Health Companies minus its cost of goods sold. It is profit before Bausch Health 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 Bausch Health Companies. It is also known as Bausch Health 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 Bausch Health's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bausch Health Companies 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 Bausch Health Companies. 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, Bausch Health's EBIT is very stable compared to the past year. As of the 22nd of December 2024, Cost Of Revenue is likely to grow to about 2.7 B, while Depreciation And Amortization is likely to drop about 883.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.0B | 5.8B | 6.2B | 6.5B | Total Revenue | 8.4B | 8.1B | 8.8B | 9.2B |
Bausch Health income statement Correlations
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Bausch Health Account Relationship Matchups
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Bausch Health income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.9B | 1.8B | 1.6B | 1.4B | 1.3B | 883.6M | |
Interest Expense | 1.6B | 1.5B | 1.4B | 1.5B | 1.3B | 1.4B | |
Selling General Administrative | 2.0B | 1.9B | 2.1B | 2.1B | 2.3B | 2.4B | |
Total Revenue | 8.6B | 8.0B | 8.4B | 8.1B | 8.8B | 9.2B | |
Gross Profit | 6.3B | 5.8B | 6.0B | 5.8B | 6.2B | 6.5B | |
Other Operating Expenses | 8.7B | 6.7B | 7.2B | 6.8B | 7.8B | 8.2B | |
Operating Income | (73M) | 676M | 1.2B | 1.4B | 963M | 1.0B | |
Ebit | (47M) | 1.3B | 1.7B | 1.5B | 938M | 984.9M | |
Ebitda | 1.9B | 3.1B | 3.3B | 2.9B | 2.2B | 1.3B | |
Cost Of Revenue | 2.4B | 2.2B | 2.4B | 2.4B | 2.6B | 2.7B | |
Total Operating Expenses | 6.3B | 4.5B | 4.8B | 4.4B | 5.2B | 5.5B | |
Income Before Tax | (1.8B) | (934M) | (1.0B) | (129M) | (390M) | (409.5M) | |
Total Other Income Expense Net | (1.6B) | (1.6B) | (1.5B) | (583M) | (1.4B) | (1.3B) | |
Net Income | (1.8B) | (559M) | (937M) | (212M) | (592M) | (562.4M) | |
Income Tax Expense | (54M) | (375M) | (87M) | 83M | 221M | 232.1M | |
Research Development | 471M | 452M | 465M | 529M | 604M | 634.2M | |
Selling And Marketing Expenses | 544M | 451M | 515M | 518M | 625M | 520.8M | |
Net Income From Continuing Ops | (1.8B) | (559M) | (937M) | (212M) | (611M) | (641.6M) | |
Net Income Applicable To Common Shares | (1.8B) | (560M) | (948M) | (225M) | (202.5M) | (212.6M) | |
Minority Interest | 73M | 70M | (11M) | (13M) | 19M | 18.1M | |
Tax Provision | (54M) | (375M) | (87M) | 83M | 221M | 232.1M | |
Interest Income | 1.6B | 13M | 1.4B | 1.5B | 26M | 24.7M | |
Net Interest Income | (1.6B) | (1.5B) | (1.4B) | (1.5B) | (1.3B) | (1.4B) | |
Reconciled Depreciation | 2.1B | 1.8B | 1.4B | 1.4B | 1.3B | 1.6B |
Pair Trading with Bausch Health
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 Bausch Health 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 Bausch Health will appreciate offsetting losses from the drop in the long position's value.Moving against Bausch Stock
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The ability to find closely correlated positions to Bausch Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bausch Health 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 Bausch Health - 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 Bausch Health Companies to buy it.
The correlation of Bausch Health 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 Bausch Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bausch Health Companies 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 Bausch Health 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bausch Health Companies. 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. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.