Bynordic Historical Income Statement
| BYNO Stock | USD 11.42 0.01 0.09% |
Historical analysis of Bynordic Acquisition income statement accounts such as Ebitda of 6.4 M, Total Operating Expenses of 395.1 K or Income Before Tax of 4.9 M can show how well Bynordic Acquisition Corp performed in making a profits. Evaluating Bynordic Acquisition income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bynordic Acquisition's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Bynordic Acquisition Corp 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 Bynordic Acquisition Corp is a good buy for the upcoming year.
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About Bynordic Income Statement Analysis
Bynordic Acquisition Corp 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 Bynordic Acquisition shareholders. The income statement also shows Bynordic 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).
Bynordic Acquisition Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bynordic Acquisition Corp. It is also known as Bynordic Acquisition 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.Cost Of Revenue
Cost of Revenue is found on Bynordic Acquisition Corp income statement and represents the costs associated with goods and services Bynordic Acquisition provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Bynordic Acquisition's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bynordic Acquisition Corp 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 Bynordic Acquisition Corp. 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. To learn how to invest in Bynordic Stock, please use our How to Invest in Bynordic Acquisition guide.At this time, Bynordic Acquisition's Net Income From Continuing Ops is very stable compared to the past year. As of the 2nd of December 2024, EBIT is likely to grow to about 4.9 M, though Operating Income is likely to grow to (1.3 M).
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 2.7M | 6.2M | 4.9M | Cost Of Revenue | 66.3K | 873.9K | 472.4K |
Bynordic Acquisition income statement Correlations
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Bynordic Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Bynordic Acquisition
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 Bynordic Acquisition 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 Bynordic Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving together with Bynordic Stock
| 0.67 | CG | Carlyle Group | PairCorr |
| 0.64 | MA | Mastercard | PairCorr |
| 0.69 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.7 | APO | Apollo Global Management | PairCorr |
The ability to find closely correlated positions to Bynordic Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bynordic Acquisition 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 Bynordic Acquisition - 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 Bynordic Acquisition Corp to buy it.
The correlation of Bynordic Acquisition 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 Bynordic Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bynordic Acquisition Corp 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 Bynordic Acquisition 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 Bynordic Acquisition Corp. 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. To learn how to invest in Bynordic Stock, please use our How to Invest in Bynordic Acquisition guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bynordic Acquisition. If investors know Bynordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bynordic Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share 0.02 | Return On Assets (0.01) |
The market value of Bynordic Acquisition Corp is measured differently than its book value, which is the value of Bynordic that is recorded on the company's balance sheet. Investors also form their own opinion of Bynordic Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Bynordic Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bynordic Acquisition's market value can be influenced by many factors that don't directly affect Bynordic Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bynordic Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bynordic Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bynordic Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.