Cross Historical Income Statement

CCRN Stock  USD 10.80  0.14  1.31%   
Historical analysis of Cross Country income statement accounts such as Interest Expense of 5.9 M, Selling General Administrative of 318.6 M or Total Revenue of 2.1 B can show how well Cross Country Healthcare performed in making a profits. Evaluating Cross Country income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cross Country's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Cross Country Healthcare 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 Cross Country Healthcare is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Country Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Cross Income Statement Analysis

Cross Country Healthcare 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 Cross Country shareholders. The income statement also shows Cross 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).

Cross Country Income Statement Chart

At this time, Cross Country's EBITDA is very stable compared to the past year. As of the 29th of November 2024, Cost Of Revenue is likely to grow to about 1.6 B, while Depreciation And Amortization is likely to drop about 11.6 M.

Total Revenue

Total revenue comprises all receipts Cross Country Healthcare 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 Cross Country Healthcare minus its cost of goods sold. It is profit before Cross Country 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 Cross Country Healthcare. It is also known as Cross Country 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 Cross Country's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cross Country Healthcare 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 Cross Country Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Cross Country's EBITDA is very stable compared to the past year. As of the 29th of November 2024, Cost Of Revenue is likely to grow to about 1.6 B, while Depreciation And Amortization is likely to drop about 11.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit375.0M627.7M450.4M472.9M
Total Revenue1.7B2.8B2.0B2.1B

Cross Country income statement Correlations

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0.570.810.860.880.850.820.90.90.860.810.79-0.180.750.58-0.290.690.4-0.1-0.160.69-0.49-0.730.410.54
0.730.810.930.940.930.740.860.880.920.740.72-0.040.680.54-0.410.710.5-0.05-0.180.65-0.65-0.730.680.69
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0.460.790.720.920.910.920.990.870.870.920.780.30.960.670.040.950.030.12-0.560.72-0.33-0.860.340.53
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0.390.690.710.880.870.880.930.840.840.880.710.950.380.960.55-0.01-0.010.15-0.610.56-0.35-0.80.280.44
0.60.40.50.310.350.320.090.250.260.30.430.03-0.50.050.06-0.28-0.01-0.050.530.16-0.780.00.470.54
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-0.33-0.73-0.73-0.86-0.84-0.86-0.85-0.78-0.78-0.86-0.67-0.86-0.12-0.75-0.79-0.02-0.80.00.040.57-0.840.17-0.49-0.41
0.810.410.680.580.570.60.390.360.390.580.660.340.020.220.57-0.10.280.470.010.050.66-0.42-0.490.72
0.840.540.690.690.680.70.580.550.570.690.640.530.050.460.53-0.150.440.540.170.030.63-0.57-0.410.72
Click cells to compare fundamentals

Cross Country Account Relationship Matchups

Cross Country income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization14.1M16.2M12.3M14.4M18.3M11.6M
Interest Expense5.3M2.9M6.9M14.4M8.1M5.9M
Selling General Administrative174.1M167.6M205.8M308.1M303.5M318.6M
Total Revenue822.2M836.4M1.7B2.8B2.0B2.1B
Gross Profit204.0M202.7M375.0M627.7M450.4M472.9M
Other Operating Expenses814.2M820.2M1.5B2.5B1.9B2.0B
Operating Income8.0M16.0M139.3M273.1M112.7M118.3M
Ebit8.0M(13.8M)140.1M270.7M111.0M116.5M
Ebitda22.1M2.4M152.4M285.1M129.3M135.8M
Cost Of Revenue618.2M633.7M1.3B2.2B1.6B1.6B
Total Operating Expenses196.0M186.5M225.1M336.8M337.7M185.5M
Income Before Tax(24.2M)(12.3M)133.2M256.3M102.9M108.0M
Total Other Income Expense Net(32.3M)(3.2M)(6.1M)(16.8M)(9.8M)(10.3M)
Net Income(55.9M)(12.1M)132.0M188.5M72.6M76.3M
Income Tax Expense31.7M(188K)1.2M67.9M30.3M31.8M
Net Income Applicable To Common Shares(57.7M)(13.0M)132.0M188.5M216.7M227.6M
Selling And Marketing Expenses7.9M6.2M9.5M16.1M11.5M11.2M
Net Income From Continuing Ops(55.9M)(12.1M)132.0M188.5M102.4M107.5M
Non Recurring23.8M25.3M9.5M17.1M19.6M16.1M
Non Operating Income Net Other(3.2M)(280K)770K(2.4M)(2.8M)(2.9M)
Minority Interest1.3M1.2M1.8M820K(210K)0.0
Tax Provision31.7M(188K)1.2M67.9M33.9M35.6M
Net Interest Income(5.3M)(2.9M)(6.9M)(14.4M)(11.0M)(11.6M)
Reconciled Depreciation14.1M12.7M9.9M12.6M17.0M13.9M

Pair Trading with Cross Country

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

Moving together with Cross Stock

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The ability to find closely correlated positions to Cross Country could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cross Country 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 Cross Country - 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 Cross Country Healthcare to buy it.
The correlation of Cross Country 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 Cross Country moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cross Country Healthcare 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 Cross Country 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
When determining whether Cross Country Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cross Country's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cross Country Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cross Country Healthcare Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Country Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Providers & Services 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 Cross Country. If investors know Cross 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 Cross Country 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
(0.79)
Earnings Share
(0.05)
Revenue Per Share
42.699
Quarterly Revenue Growth
(0.29)
Return On Assets
0.0127
The market value of Cross Country Healthcare is measured differently than its book value, which is the value of Cross that is recorded on the company's balance sheet. Investors also form their own opinion of Cross Country's value that differs from its market value or its book value, called intrinsic value, which is Cross Country'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 Cross Country's market value can be influenced by many factors that don't directly affect Cross Country'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 Cross Country's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cross Country is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cross Country'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.