Compass Historical Income Statement
| CMP Stock | USD 15.43 0.27 1.72% |
Historical analysis of Compass Minerals income statement accounts such as Interest Expense of 45.6 M, Selling General Administrative of 105 M or Total Revenue of 1.1 B can show how well Compass Minerals International performed in making a profits. Evaluating Compass Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Compass Minerals's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Compass Minerals Int 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 Compass Minerals Int is a good buy for the upcoming year.
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About Compass Income Statement Analysis
Compass Minerals Int 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 Compass Minerals shareholders. The income statement also shows Compass 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).
Compass Minerals Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Compass Minerals Int 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 Compass Minerals International minus its cost of goods sold. It is profit before Compass Minerals 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 Compass Minerals Int. It is also known as Compass Minerals 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 Compass Minerals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Compass Minerals Int 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 Compass Minerals International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Compass Minerals' Depreciation And Amortization is relatively stable compared to the past year. As of 11/30/2024, Operating Income is likely to grow to about 121.8 M, while Total Revenue is likely to drop slightly above 1.1 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 171.7M | 198M | 233.9M | 221.7M | Total Revenue | 836.6M | 1.2B | 1.2B | 1.1B |
Compass Minerals income statement Correlations
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Compass Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Compass Minerals income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ebit | 140.1M | 15.1M | 78.8M | (74.3M) | (7.9M) | (7.5M) | |
| Ebitda | 277M | 153M | 173.4M | 39.4M | 90.7M | 166.8M | |
| Net Income | 62.5M | 59.5M | (213.3M) | (36.7M) | 15.5M | 14.7M | |
| Net Income Applicable To Common Shares | 62.5M | 59.5M | (186.5M) | (25.4M) | 15.2M | 14.4M | |
| Net Income From Continuing Ops | 62.5M | 59.5M | 20.9M | (37.3M) | 15.5M | 14.7M | |
| Non Operating Income Net Other | (3.6M) | 9.8M | (10.6M) | 1.9M | 2.2M | 2.1M | |
| Tax Provision | 22.1M | 11.7M | 14.1M | 35.3M | 17.4M | 20.2M | |
| Interest Income | 67.7M | 69.4M | 43.7M | 45.5M | 5.3M | 5.0M | |
| Net Interest Income | (68.4M) | (71.2M) | (44.1M) | (55.2M) | (50.2M) | (52.7M) | |
| Extraordinary Items | 900K | 20.5M | (234.3M) | 12.5M | 11.3M | 11.8M |
Pair Trading with Compass Minerals
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 Compass Minerals 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 Compass Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Compass Stock
Moving against Compass Stock
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| 0.39 | NB | NioCorp Developments | PairCorr |
| 0.32 | NMG | Nouveau Monde Graphite | PairCorr |
The ability to find closely correlated positions to Compass Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass Minerals 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 Compass Minerals - 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 Compass Minerals International to buy it.
The correlation of Compass Minerals 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 Compass Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass Minerals Int 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 Compass Minerals 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.Additional Tools for Compass Stock Analysis
When running Compass Minerals' price analysis, check to measure Compass Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Compass Minerals is operating at the current time. Most of Compass Minerals' value examination focuses on studying past and present price action to predict the probability of Compass Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Minerals' price. Additionally, you may evaluate how the addition of Compass Minerals to your portfolios can decrease your overall portfolio volatility.