New Historical Income Statement
| HOVRW Stock | 0.07 0 7.00% |
Historical analysis of New Horizon income statement accounts such as Interest Expense of 89.8 K or Selling General Administrative of 4.5 M can show how well New Horizon Aircraft performed in making a profits. Evaluating New Horizon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of New Horizon's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining New Horizon Aircraft 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 New Horizon Aircraft is a good buy for the upcoming year.
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About New Income Statement Analysis
New Horizon Aircraft 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 New Horizon shareholders. The income statement also shows New 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).
New Horizon 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of New Horizon Aircraft. It is also known as New Horizon 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 New Horizon Aircraft 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 New Horizon Aircraft 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on New Horizon income statement and is an important metric when analyzing New Horizon Aircraft 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 New Horizon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into New Horizon Aircraft 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in New Horizon Aircraft. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, New Horizon's Net Interest Income is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 4.5 M in 2025, whereas Other Operating Expenses is likely to drop slightly above 1.2 M in 2025.
| 2022 | 2024 | 2025 (projected) | Total Operating Expenses | 649.7K | 1.9M | 1.3M | Cost Of Revenue | 436.0K | 392.4K | 419.7K |
New Horizon income statement Correlations
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New Horizon Account Relationship Matchups
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for New Stock Analysis
When running New Horizon's price analysis, check to measure New Horizon'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 New Horizon is operating at the current time. Most of New Horizon's value examination focuses on studying past and present price action to predict the probability of New Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Horizon's price. Additionally, you may evaluate how the addition of New Horizon to your portfolios can decrease your overall portfolio volatility.