Evergreen Historical Income Statement
| EVGR Stock | USD 11.86 0.02 0.17% |
Historical analysis of Evergreen Corp income statement accounts such as Other Operating Expenses of 1.6 M or Ebitda of 4.4 M can show how well Evergreen Corp performed in making a profits. Evaluating Evergreen Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Evergreen Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Evergreen Corp 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 Evergreen Corp is a good buy for the upcoming year.
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About Evergreen Income Statement Analysis
Evergreen Corp 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 Evergreen Corp shareholders. The income statement also shows Evergreen 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).
Evergreen Corp 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.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Evergreen Corp. It is also known as Evergreen Corp 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 Evergreen Corp 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 Evergreen Corp 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 Evergreen Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Evergreen Corp 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 Evergreen Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Evergreen Stock, please use our How to Invest in Evergreen Corp guide.At this time, Evergreen Corp's Depreciation And Amortization is relatively stable compared to the past year. As of 12/21/2024, Other Operating Expenses is likely to grow to about 1.6 M, though EBIT is likely to grow to (1.1 M).
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 1.3M | 5.0M | 5.8M | 3.5M | Net Interest Income | 1.3M | 5.0M | 5.8M | 3.5M |
Evergreen Corp income statement Correlations
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Evergreen Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Evergreen Corp
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 Evergreen Corp 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 Evergreen Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Evergreen Stock
| 0.72 | V | Visa Class A | PairCorr |
| 0.71 | DIST | Distoken Acquisition | PairCorr |
| 0.63 | AB | AllianceBernstein Normal Trading | PairCorr |
| 0.7 | AC | Associated Capital | PairCorr |
Moving against Evergreen Stock
| 0.74 | XP | Xp Inc | PairCorr |
| 0.64 | WU | Western Union | PairCorr |
| 0.49 | WD | Walker Dunlop | PairCorr |
| 0.47 | PT | Pintec Technology | PairCorr |
| 0.36 | LU | Lufax Holding | PairCorr |
The ability to find closely correlated positions to Evergreen Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evergreen Corp 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 Evergreen Corp - 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 Evergreen Corp to buy it.
The correlation of Evergreen Corp 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 Evergreen Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evergreen Corp 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 Evergreen Corp 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 Evergreen Stock Analysis
When running Evergreen Corp's price analysis, check to measure Evergreen Corp'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 Evergreen Corp is operating at the current time. Most of Evergreen Corp's value examination focuses on studying past and present price action to predict the probability of Evergreen Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Corp's price. Additionally, you may evaluate how the addition of Evergreen Corp to your portfolios can decrease your overall portfolio volatility.