Canada Historical Income Statement

LL Stock  CAD 0.02  0.01  33.33%   
Historical analysis of Canada Rare income statement accounts such as Gross Profit of 359.7 K can show how well Canada Rare Earth performed in making a profits. Evaluating Canada Rare income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Canada Rare's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Canada Rare Earth 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 Canada Rare Earth is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Canada Income Statement Analysis

Canada Rare Earth 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 Canada Rare shareholders. The income statement also shows Canada 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).

Canada Rare Income Statement Chart

At this time, Canada Rare's Interest Expense is fairly stable compared to the past year. Total Revenue is likely to climb to about 1.7 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 1.8 M in 2024.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Canada Rare Earth minus its cost of goods sold. It is profit before Canada Rare 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Canada Rare Earth. It is also known as Canada Rare 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 Canada Rare Earth 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 Canada Rare Earth 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 Canada Rare income statement and is an important metric when analyzing Canada Rare Earth 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Canada Rare Earth financial statement analysis. It represents the amount of money remaining after all of Canada Rare Earth operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Canada Rare's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Canada Rare Earth 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Canada Rare's Interest Expense is fairly stable compared to the past year. Total Revenue is likely to climb to about 1.7 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 1.8 M in 2024.

Canada Rare income statement Correlations

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-0.160.250.140.070.120.120.05-0.010.140.250.140.84-0.080.190.12-0.25-0.97-0.30.01
-0.210.250.470.450.350.370.260.120.340.110.340.40.030.460.61-0.08-0.33-0.430.56
0.050.140.47-0.380.960.960.9-0.460.84-0.080.840.14-0.340.82-0.38-0.76-0.21-0.320.34
-0.260.070.45-0.38-0.49-0.48-0.530.75-0.390.18-0.390.420.36-0.240.730.52-0.1-0.280.26
0.070.120.350.96-0.491.00.94-0.660.89-0.070.880.1-0.420.79-0.42-0.71-0.15-0.240.24
0.010.120.370.96-0.481.00.92-0.660.9-0.040.890.11-0.40.8-0.4-0.7-0.16-0.250.26
0.390.050.260.9-0.530.940.92-0.640.73-0.30.720.03-0.450.65-0.48-0.72-0.07-0.150.17
-0.1-0.010.12-0.460.75-0.66-0.66-0.64-0.610.03-0.610.170.5-0.370.380.32-0.01-0.140.15
-0.260.140.340.84-0.390.890.90.73-0.610.391.00.17-0.330.87-0.31-0.49-0.21-0.480.33
-0.70.250.11-0.080.18-0.07-0.04-0.30.030.390.40.340.130.330.230.33-0.33-0.610.25
-0.270.140.340.84-0.390.880.890.72-0.611.00.40.17-0.330.87-0.3-0.48-0.21-0.480.33
-0.210.840.40.140.420.10.110.030.170.170.340.170.030.20.27-0.05-0.82-0.510.17
-0.23-0.080.03-0.340.36-0.42-0.4-0.450.5-0.330.13-0.330.03-0.510.410.520.110.11-0.01
-0.220.190.460.82-0.240.790.80.65-0.370.870.330.870.2-0.51-0.27-0.57-0.33-0.650.55
-0.30.120.61-0.380.73-0.42-0.4-0.480.38-0.310.23-0.30.270.41-0.270.67-0.12-0.110.26
-0.21-0.25-0.08-0.760.52-0.71-0.7-0.720.32-0.490.33-0.48-0.050.52-0.570.670.23-0.030.04
0.2-0.97-0.33-0.21-0.1-0.15-0.16-0.07-0.01-0.21-0.33-0.21-0.820.11-0.33-0.120.230.48-0.19
0.23-0.3-0.43-0.32-0.28-0.24-0.25-0.15-0.14-0.48-0.61-0.48-0.510.11-0.65-0.11-0.030.48-0.63
-0.190.010.560.340.260.240.260.170.150.330.250.330.17-0.010.550.260.04-0.19-0.63
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Canada Rare Account Relationship Matchups

Canada Rare income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization96.8K58.6K71.9K96.7K99.7K94.7K
Interest Expense72.9K2.3K30.7K103.2K52.9K57.1K
Total Revenue597.2K1.3M410.3K5.4M1.6M1.7M
Gross Profit109.8K213.9K(14.2K)1.3M342.6K359.7K
Other Operating Expenses2.1M1.5M2.1M5.3M2.5M1.8M
Operating Income(779.2K)(787.6K)(1.0M)228.5K(875.6K)(919.4K)
Ebit(741.1K)(800.9K)(1.0M)228.2K(875.6K)(919.4K)
Ebitda(682.5K)(729.0K)(926.7K)324.9K(775.9K)(814.7K)
Total Operating Expenses1.0M1.1M1.5M1.2M1.2M1.0M
Income Before Tax(674.4K)(668.0K)(1.0M)171.3K(897.6K)(942.5K)
Total Other Income Expense Net318.7K198.0K51.4K212.1K(22.1K)(23.2K)
Net Income(674.4K)(668.0K)(1.0M)171.3K(911.9K)(957.5K)
Income Tax Expense529.0K213.8K78.4K269.4K14.2K13.5K
Selling General Administrative996.4K1.1M1.0M1.2M1.1M831.9K
Net Income From Continuing Ops(674.4K)(668.0K)(1.0M)171.3K197.0K206.8K
Cost Of Revenue487.4K1.1M424.5K4.1M1.3M1.0M
Net Income Applicable To Common Shares(791.2K)(674.4K)(668.0K)(1.0M)(1.2M)(1.2M)
Net Interest Income(72.8K)(2.3K)(30.7K)(103.2K)(118.7K)(124.7K)
Reconciled Depreciation96.8K58.6K71.9K96.4K110.9K81.2K

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Additional Tools for Canada Stock Analysis

When running Canada Rare's price analysis, check to measure Canada Rare'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 Canada Rare is operating at the current time. Most of Canada Rare's value examination focuses on studying past and present price action to predict the probability of Canada Rare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Rare's price. Additionally, you may evaluate how the addition of Canada Rare to your portfolios can decrease your overall portfolio volatility.