Chicago Historical Income Statement
CVR Stock | USD 17.52 0.67 3.68% |
Historical analysis of Chicago Rivet income statement accounts such as Interest Expense of 110.4 K, Selling General Administrative of 5.9 M or Total Revenue of 34.5 M can show how well Chicago Rivet Machine performed in making a profits. Evaluating Chicago Rivet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Chicago Rivet's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Chicago Rivet Machine 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 Chicago Rivet Machine is a good buy for the upcoming year.
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About Chicago Income Statement Analysis
Chicago Rivet Machine 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 Chicago Rivet shareholders. The income statement also shows Chicago 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).
Chicago Rivet Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Chicago Rivet Machine 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Chicago Rivet Machine. It is also known as Chicago Rivet 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 Chicago Rivet Machine income statement and represents the costs associated with goods and services Chicago Rivet 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 Chicago Rivet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Chicago Rivet Machine 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 Chicago Rivet Machine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, Chicago Rivet's Interest Expense is relatively stable compared to the past year. As of 11/28/2024, Selling General Administrative is likely to grow to about 5.9 M, though Gross Profit is likely to grow to (569.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.1M | 5.0M | 5.2M | 6.3M | Cost Of Revenue | 27.5M | 29.8M | 32.1M | 26.3M |
Chicago Rivet income statement Correlations
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Chicago Rivet Account Relationship Matchups
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Chicago Rivet income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.4M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | |
Interest Expense | 191.7K | 148.5K | 55.6K | 91.4K | 105.1K | 110.4K | |
Selling General Administrative | 5.3M | 5.0M | 5.1M | 5.0M | 5.2M | 5.9M | |
Total Revenue | 32.9M | 27.6M | 34.0M | 33.6M | 31.5M | 34.5M | |
Gross Profit | 5.7M | 4.9M | 6.5M | 3.8M | (599.6K) | (569.6K) | |
Other Operating Expenses | 32.4M | 27.7M | 32.6M | 34.8M | 37.3M | 32.6M | |
Operating Income | 491.6K | (83.0K) | 1.4M | (1.2M) | (5.8M) | (5.5M) | |
Ebit | 491.6K | (83.0K) | 1.4M | (1.2M) | (5.8M) | (5.5M) | |
Ebitda | 1.9M | 1.3M | 2.7M | 102.7K | (4.6M) | (4.3M) | |
Cost Of Revenue | 27.1M | 22.7M | 27.5M | 29.8M | 32.1M | 26.3M | |
Total Operating Expenses | 5.3M | 5.0M | 5.1M | 5.0M | 5.2M | 6.3M | |
Income Before Tax | 683.3K | 65.5K | 1.4M | 3.7M | (5.7M) | (5.4M) | |
Total Other Income Expense Net | 191.7K | 148.5K | 55.6K | 91.4K | 108.2K | 160.4K | |
Net Income | 538.3K | 50.5K | 1.1M | 2.9M | (4.4M) | (4.2M) | |
Income Tax Expense | 145K | 15K | 301K | 785K | (1.3M) | (1.3M) | |
Net Income Applicable To Common Shares | 538.3K | 50.5K | 1.1M | 2.9M | 2.6M | 1.3M | |
Net Income From Continuing Ops | 538.3K | 50.5K | 1.1M | 2.9M | (4.4M) | (4.2M) | |
Non Operating Income Net Other | 100.9K | 153.5K | 191.7K | 148.5K | 170.7K | 118.4K | |
Tax Provision | 145K | 15K | 301K | 785K | (1.3M) | (1.3M) | |
Net Interest Income | 144.7K | 95.0K | 19.8K | 55.3K | 103.2K | 65.6K | |
Interest Income | 144.7K | 95.0K | 19.8K | 55.3K | 103.2K | 65.6K | |
Reconciled Depreciation | 1.4M | 1.3M | 1.3M | 1.3M | 1.3M | 1.4M |
Pair Trading with Chicago Rivet
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 Chicago Rivet 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 Chicago Rivet will appreciate offsetting losses from the drop in the long position's value.Moving together with Chicago Stock
The ability to find closely correlated positions to Chicago Rivet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chicago Rivet 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 Chicago Rivet - 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 Chicago Rivet Machine to buy it.
The correlation of Chicago Rivet 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 Chicago Rivet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chicago Rivet Machine 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 Chicago Rivet 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 Chicago Stock Analysis
When running Chicago Rivet's price analysis, check to measure Chicago Rivet's 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 Chicago Rivet is operating at the current time. Most of Chicago Rivet's value examination focuses on studying past and present price action to predict the probability of Chicago Rivet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chicago Rivet's price. Additionally, you may evaluate how the addition of Chicago Rivet to your portfolios can decrease your overall portfolio volatility.