Caravelle Historical Income Statement
| HTCO Stock | USD 2.41 0.02 0.82% |
Historical analysis of Caravelle International income statement accounts such as Interest Expense of 109 K or Selling General Administrative of 3.1 M can show how well Caravelle International Group performed in making a profits. Evaluating Caravelle International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Caravelle International's future profits or losses.
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About Caravelle Income Statement Analysis
Caravelle International 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 Caravelle International shareholders. The income statement also shows Caravelle 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).
Caravelle International Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Caravelle International 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 Caravelle International Group minus its cost of goods sold. It is profit before Caravelle International 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.Operating Income
Operating Income is the amount of profit realized from Caravelle International 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 Caravelle International Group 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 Caravelle International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Caravelle International 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 Caravelle International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Caravelle International's Tax Provision is very stable compared to the past year. As of the 28th of December 2024, Interest Income is likely to grow to 9,344, while Net Interest Income is likely to drop (98.5 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 101.9K | 112.0K | 128.8K | 109.1K | Interest Income | 18.0 | 7.7K | 8.9K | 9.3K |
Caravelle International income statement Correlations
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Caravelle International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Caravelle International
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 Caravelle International 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 Caravelle International will appreciate offsetting losses from the drop in the long position's value.Moving against Caravelle Stock
| 0.93 | GLBS | Globus Maritime | PairCorr |
| 0.92 | NMM | Navios Maritime Partners | PairCorr |
| 0.91 | GASS | StealthGas | PairCorr |
| 0.9 | EDRY | EuroDry | PairCorr |
| 0.88 | SB | Safe Bulkers | PairCorr |
The ability to find closely correlated positions to Caravelle International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caravelle International 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 Caravelle International - 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 Caravelle International Group to buy it.
The correlation of Caravelle International 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 Caravelle International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caravelle International 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 Caravelle International 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Caravelle International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caravelle International. If investors know Caravelle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caravelle International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 1.526 | Quarterly Revenue Growth (0.30) | Return On Assets (0.23) | Return On Equity (6.65) |
The market value of Caravelle International is measured differently than its book value, which is the value of Caravelle that is recorded on the company's balance sheet. Investors also form their own opinion of Caravelle International's value that differs from its market value or its book value, called intrinsic value, which is Caravelle International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caravelle International's market value can be influenced by many factors that don't directly affect Caravelle International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caravelle International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caravelle International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caravelle International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.