Dorel Historical Income Statement
| DII-B Stock | CAD 4.43 0.08 1.84% |
Historical analysis of Dorel Industries income statement accounts such as Total Revenue of 1.8 B or Gross Profit of 389.9 M can show how well Dorel Industries performed in making a profits. Evaluating Dorel Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dorel Industries's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Dorel Industries 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 Dorel Industries is a good buy for the upcoming year.
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About Dorel Income Statement Analysis
Dorel Industries 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 Dorel Industries shareholders. The income statement also shows Dorel 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).
Dorel Industries 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 Dorel Industries 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 Dorel Industries. It is also known as Dorel Industries 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.Operating Income
Operating Income is the amount of profit realized from Dorel Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dorel Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Dorel Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Dorel Industries 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Dorel Industries' Reconciled Depreciation is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 307.8 M in 2024, despite the fact that Operating Income is likely to grow to (49.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Discontinued Operations | 80.2M | 254.9M | 293.1M | 307.8M | Reconciled Depreciation | 84.2M | 71.2M | 69.5M | 81.6M |
Dorel Industries income statement Correlations
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Dorel Industries Account Relationship Matchups
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Dorel Industries income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 95.8M | 98.1M | 84.2M | 71.2M | 69.5M | 46.5M | |
| Interest Expense | 48.0M | 43.2M | 37.9M | 22.6M | 24.7M | 17.6M | |
| Total Revenue | 2.6B | 2.8B | 1.8B | 1.6B | 1.4B | 1.8B | |
| Gross Profit | 535.5M | 568.6M | 294.4M | 205.0M | 243.8M | 389.9M | |
| Other Operating Expenses | 2.5B | 2.6B | 1.8B | 1.7B | 1.4B | 1.7B | |
| Operating Income | 86.9M | 116.5M | 66K | (90.3M) | (52.2M) | (49.6M) | |
| Ebit | 50.3M | (10.6M) | (15.3M) | (105.4M) | (52.2M) | (49.6M) | |
| Research Development | 39.7M | 40.2M | 28.9M | 26.8M | 24.5M | 18.9M | |
| Ebitda | 146.1M | 87.5M | 68.9M | (34.1M) | 17.3M | 16.4M | |
| Cost Of Revenue | 2.1B | 2.2B | 1.5B | 1.4B | 1.1B | 1.4B | |
| Total Operating Expenses | 447.5M | 450.6M | 294.0M | 295.3M | 296.0M | 301.9M | |
| Income Before Tax | 2.3M | 5.5M | (53.5M) | (128.0M) | (76.9M) | (73.1M) | |
| Total Other Income Expense Net | (50.4M) | (37.5M) | (38.3M) | (29.0M) | (24.7M) | (26.0M) | |
| Net Income | (10.5M) | (43.4M) | (111.8M) | (118.9M) | (62.4M) | (59.2M) | |
| Income Tax Expense | 12.8M | 48.9M | 58.3M | (9.1M) | (14.6M) | (13.8M) | |
| Selling General Administrative | 188.2M | 215.1M | 139.8M | 141.8M | 139.7M | 151.7M | |
| Selling And Marketing Expenses | 219.7M | 195.3M | 125.3M | 126.8M | 126.1M | 160.0M | |
| Net Income From Continuing Ops | (10.5M) | (43.4M) | (111.8M) | (118.9M) | (62.4M) | (65.5M) | |
| Net Income Applicable To Common Shares | (10.5M) | (43.4M) | (31.6M) | 136.0M | 156.4M | 164.2M | |
| Tax Provision | 12.8M | 48.9M | 58.3M | (9.1M) | (14.6M) | (13.8M) | |
| Net Interest Income | (49.1M) | (44.7M) | (38.3M) | (29.0M) | (24.7M) | (26.0M) | |
| Reconciled Depreciation | 95.8M | 98.1M | 84.2M | 71.2M | 69.5M | 81.6M |
Pair Trading with Dorel Industries
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 Dorel Industries 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 Dorel Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Dorel Stock
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The ability to find closely correlated positions to Dorel Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorel Industries 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 Dorel Industries - 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 Dorel Industries to buy it.
The correlation of Dorel Industries 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 Dorel Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorel Industries 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 Dorel Industries 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 Dorel Stock Analysis
When running Dorel Industries' price analysis, check to measure Dorel Industries' 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 Dorel Industries is operating at the current time. Most of Dorel Industries' value examination focuses on studying past and present price action to predict the probability of Dorel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorel Industries' price. Additionally, you may evaluate how the addition of Dorel Industries to your portfolios can decrease your overall portfolio volatility.