City Historical Income Statement

CIO Stock  USD 5.80  0.08  1.40%   
Historical analysis of City Office income statement accounts such as Interest Expense of 18.6 M, Selling General Administrative of 8.3 M or Total Revenue of 108.5 M can show how well City Office performed in making a profits. Evaluating City Office income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of City Office's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining City Office 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 City Office 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 City Office. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in City Stock, please use our How to Invest in City Office guide.

About City Income Statement Analysis

City Office 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 City Office shareholders. The income statement also shows City 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).

City Office Income Statement Chart

At this time, City Office's EBIT is very stable compared to the past year. As of the 30th of November 2024, Income Tax Expense is likely to grow to about 34.1 M, while Depreciation And Amortization is likely to drop about 59.3 M.

Total Revenue

Total revenue comprises all receipts City Office 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 City Office minus its cost of goods sold. It is profit before City Office 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 City Office. It is also known as City Office 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in City Office financial statement analysis. It represents the amount of money remaining after all of City Office operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from City Office's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into City Office 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 City Office. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in City Stock, please use our How to Invest in City Office guide.At this time, City Office's EBIT is very stable compared to the past year. As of the 30th of November 2024, Income Tax Expense is likely to grow to about 34.1 M, while Depreciation And Amortization is likely to drop about 59.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense23.3M25.8M31.9M18.6M
Depreciation And Amortization130.8M144.0M63.0M59.3M

City Office income statement Correlations

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0.790.940.980.980.990.910.020.950.990.990.230.140.20.680.23-0.280.810.240.96-0.870.86
0.870.940.970.970.970.93-0.190.90.970.970.470.390.440.560.46-0.320.830.480.91-0.810.86
0.870.980.971.01.00.95-0.120.961.01.00.330.250.30.620.33-0.280.830.340.95-0.850.88
0.890.980.971.01.00.96-0.140.960.991.00.360.270.320.610.35-0.270.840.360.95-0.850.89
0.860.990.971.01.00.94-0.080.971.01.00.320.230.290.640.31-0.290.810.320.95-0.850.87
0.910.910.930.950.960.94-0.290.880.940.930.40.310.370.50.39-0.230.890.390.93-0.850.91
-0.530.02-0.19-0.12-0.14-0.08-0.290.04-0.07-0.08-0.41-0.41-0.410.5-0.420.02-0.2-0.380.01-0.1-0.14
0.810.950.90.960.960.970.880.040.960.970.310.230.280.730.31-0.180.710.310.92-0.810.82
0.850.990.971.00.991.00.94-0.070.961.00.30.210.270.620.29-0.310.810.30.95-0.850.87
0.860.990.971.01.01.00.93-0.080.971.00.340.250.30.650.33-0.270.810.340.95-0.840.87
0.490.230.470.330.360.320.4-0.410.310.30.340.991.00.211.00.180.291.00.22-0.140.25
0.420.140.390.250.270.230.31-0.410.230.210.250.991.00.141.00.210.20.990.12-0.040.15
0.470.20.440.30.320.290.37-0.410.280.270.31.01.00.171.00.150.261.00.18-0.110.22
0.350.680.560.620.610.640.50.50.730.620.650.210.140.170.20.070.520.220.71-0.720.6
0.490.230.460.330.350.310.39-0.420.310.290.331.01.01.00.20.190.281.00.21-0.130.24
-0.22-0.28-0.32-0.28-0.27-0.29-0.230.02-0.18-0.31-0.270.180.210.150.070.19-0.330.13-0.190.3-0.27
0.770.810.830.830.840.810.89-0.20.710.810.810.290.20.260.520.28-0.330.30.89-0.940.96
0.480.240.480.340.360.320.39-0.380.310.30.341.00.991.00.221.00.130.30.22-0.150.25
0.780.960.910.950.950.950.930.010.920.950.950.220.120.180.710.21-0.190.890.22-0.940.95
-0.68-0.87-0.81-0.85-0.85-0.85-0.85-0.1-0.81-0.85-0.84-0.14-0.04-0.11-0.72-0.130.3-0.94-0.15-0.94-0.95
0.820.860.860.880.890.870.91-0.140.820.870.870.250.150.220.60.24-0.270.960.250.95-0.95
Click cells to compare fundamentals

City Office Account Relationship Matchups

City Office income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization57.8M129.4M130.8M144.0M63.0M59.3M
Interest Expense28.4M26.4M23.3M25.8M31.9M18.6M
Selling General Administrative11.1M10.7M15.5M13.8M14.8M8.3M
Total Revenue156.3M160.8M164.0M180.5M179.1M108.5M
Gross Profit99.0M102.5M106.0M112.7M109.1M67.9M
Other Operating Expenses127.5M129.4M130.8M144.0M147.8M89.6M
Operating Income28.8M31.5M33.2M35.3M31.3M17.2M
Ebit28.8M(37.5M)(40.3M)(46.3M)31.3M32.8M
Ebitda86.6M91.8M90.5M97.7M94.3M63.3M
Cost Of Revenue57.3M58.3M58.0M67.7M70.0M40.6M
Total Operating Expenses70.2M71.1M72.8M76.3M77.8M49.0M
Income Before Tax2.4M5.1M485.3M17.7M(2.0M)(1.9M)
Total Other Income Expense Net(26.3M)(26.3M)452.1M(5.3M)(33.3M)(31.6M)
Net Income(26.6M)(21.8M)484.4M25.2M(2.7M)(2.5M)
Income Tax Expense29.0M27.0M24.2M(7.5M)32.5M34.1M
Net Income From Continuing Ops2.4M5.1M485.3M17.7M(11.8M)(11.2M)
Net Income Applicable To Common Shares(5.6M)(2.9M)477.0M9.6M11.0M10.5M
Minority Interest1.1M602K886K(691K)(687K)(652.7K)
Non Operating Income Net Other3.4M1.3M476.7M21.7M24.9M23.7M
Interest Income29.7M27.7M24.6M27.0M31.1M24.6M
Net Interest Income(29.7M)(27.7M)(24.6M)(27.0M)(32.6M)(34.2M)
Reconciled Depreciation59.2M60.4M57.3M62.5M61.2M62.0M

Pair Trading with City Office

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

Moving together with City Stock

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Moving against City Stock

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The ability to find closely correlated positions to City Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Office 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 City Office - 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 City Office to buy it.
The correlation of City Office 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 City Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Office 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 City Office 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 City Office offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of City Office'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 City Office Stock. Outlined below are crucial reports that will aid in making a well-informed decision on City Office Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in City Stock, please use our How to Invest in City Office guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Diversified REITs 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 City Office. If investors know City 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 City Office 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
(0.52)
Dividend Share
0.4
Earnings Share
(0.42)
Revenue Per Share
4.329
Quarterly Revenue Growth
(0.04)
The market value of City Office is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Office's value that differs from its market value or its book value, called intrinsic value, which is City Office'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 City Office's market value can be influenced by many factors that don't directly affect City Office'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 City Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Office'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.