Columbus Historical Income Statement
CMCO Stock | USD 39.10 0.23 0.59% |
Historical analysis of Columbus McKinnon income statement accounts such as Interest Expense of 39.9 M, Selling General Administrative of 74.7 M or Total Revenue of 689 M can show how well Columbus McKinnon performed in making a profits. Evaluating Columbus McKinnon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Columbus McKinnon's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Columbus McKinnon 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 Columbus McKinnon is a good buy for the upcoming year.
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About Columbus Income Statement Analysis
Columbus McKinnon 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 Columbus McKinnon shareholders. The income statement also shows Columbus 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).
Columbus McKinnon Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Columbus McKinnon 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 Columbus McKinnon minus its cost of goods sold. It is profit before Columbus McKinnon 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 Columbus McKinnon. It is also known as Columbus McKinnon 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 Columbus McKinnon income statement and represents the costs associated with goods and services Columbus McKinnon 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Columbus McKinnon income statement and is an important metric when analyzing Columbus McKinnon profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Columbus McKinnon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Columbus McKinnon 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 Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.At this time, Columbus McKinnon's Interest Expense is very stable compared to the past year. As of the 28th of November 2024, Net Income is likely to grow to about 49 M, while Depreciation And Amortization is likely to drop about 23.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 315.7M | 342.1M | 347.7M | 206.2M | Total Revenue | 906.6M | 936.2M | 1.0B | 689.0M |
Columbus McKinnon income statement Correlations
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Columbus McKinnon Account Relationship Matchups
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Columbus McKinnon income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 28.5M | 35.6M | 49.9M | 49.8M | 45.9M | 23.8M | |
Interest Expense | 14.2M | 12.1M | 20.1M | 27.9M | 38.0M | 39.9M | |
Selling General Administrative | 77.9M | 76.0M | 102.1M | 94.8M | 106.8M | 74.7M | |
Total Revenue | 809.2M | 649.6M | 906.6M | 936.2M | 1.0B | 689.0M | |
Gross Profit | 283.2M | 220.2M | 315.7M | 342.1M | 347.7M | 206.2M | |
Other Operating Expenses | 719.2M | 607.4M | 832.8M | 838.4M | 904.1M | 624.5M | |
Operating Income | 89.8M | 21.4M | 73.8M | 97.8M | 109.4M | 56.1M | |
Ebit | 89.8M | 20.7M | 55.7M | 96.9M | 112.3M | 64.2M | |
Ebitda | 118.3M | 56.3M | 105.6M | 146.7M | 158.3M | 88.0M | |
Cost Of Revenue | 526.0M | 429.4M | 590.8M | 594.1M | 665.8M | 482.9M | |
Total Operating Expenses | 193.2M | 178.0M | 241.9M | 244.3M | 238.3M | 141.7M | |
Income Before Tax | 77.2M | 10.1M | 38.4M | 74.5M | 61.5M | 33.2M | |
Total Other Income Expense Net | (12.7M) | (32.2M) | (35.3M) | (23.4M) | (47.9M) | (45.5M) | |
Net Income | 59.7M | 9.1M | 29.7M | 48.4M | 46.6M | 49.0M | |
Income Tax Expense | 17.5M | 970K | 8.8M | 26.0M | 14.9M | 11.3M | |
Research Development | 11.3M | 12.4M | 15.4M | 20.9M | 26.2M | 27.5M | |
Net Income Applicable To Common Shares | 59.7M | 9.1M | 29.7M | 48.4M | 55.7M | 33.7M | |
Selling And Marketing Expenses | 91.1M | 76.9M | 99.2M | 102.5M | 105.3M | 86.4M | |
Net Income From Continuing Ops | 59.7M | 9.1M | 29.7M | 48.4M | 46.6M | 38.0M | |
Non Operating Income Net Other | 600K | 1.6M | (20.1M) | 4.6M | 4.1M | 4.3M | |
Tax Provision | 17.5M | 970K | 8.8M | 26.0M | 14.9M | 14.4M | |
Net Interest Income | (14.2M) | (12.1M) | (20.1M) | (27.9M) | (38.0M) | (36.1M) | |
Reconciled Depreciation | 29.1M | 28.2M | 41.9M | 41.9M | 45.9M | 40.2M |
Pair Trading with Columbus McKinnon
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 Columbus McKinnon 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 Columbus McKinnon will appreciate offsetting losses from the drop in the long position's value.Moving together with Columbus Stock
Moving against Columbus Stock
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0.33 | TWI | Titan International | PairCorr |
The ability to find closely correlated positions to Columbus McKinnon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbus McKinnon 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 Columbus McKinnon - 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 Columbus McKinnon to buy it.
The correlation of Columbus McKinnon 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 Columbus McKinnon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbus McKinnon 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 Columbus McKinnon 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 Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Industrial Machinery & Supplies & Components 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 Columbus McKinnon. If investors know Columbus 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 Columbus McKinnon 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 (0.07) | Dividend Share 0.28 | Earnings Share 0.52 | Revenue Per Share 34.771 | Quarterly Revenue Growth (0.06) |
The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon'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 Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon'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 Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon'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.