Magellan Historical Income Statement

MAL Stock

CAD 10.76 0.17 1.61%

Historical analysis of Magellan Aerospace income statement accounts such as Total Revenue of 659.6 M can show how well Magellan Aerospace performed in making a profits. Evaluating Magellan Aerospace income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Magellan Aerospace's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Magellan Aerospace 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 Magellan Aerospace is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magellan Aerospace. 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 Magellan Income Statement Analysis

Magellan Aerospace 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 Magellan Aerospace shareholders. The income statement also shows Magellan 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).

Magellan Aerospace Income Statement Chart

At this time, Magellan Aerospace's Tax Provision is very stable compared to the past year. As of the 2nd of December 2024, Interest Income is likely to grow to about 2.7 M, while Depreciation And Amortization is likely to drop about 31.6 M.

Selling General Administrative Gross Profit Other Operating Expenses

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Magellan Aerospace minus its cost of goods sold. It is profit before Magellan Aerospace 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 Magellan Aerospace. It is also known as Magellan Aerospace 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.

Most accounts from Magellan Aerospace's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Magellan Aerospace 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 Magellan Aerospace. 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.

	2021	2022	2023	2024 (projected)
Interest Expense	2.6M	2.7M	3.5M	3.3M
Depreciation And Amortization	51.9M	47.4M	46.6M	31.6M

Interest Expense Depreciation And Amortization

Magellan Aerospace income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Minority Interest	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		-0.16	0.75	0.82	0.47	0.87	0.27	0.2	0.45	0.87	0.89	0.22	0.24	0.2	0.43	0.53	-0.02	-0.3	-0.5	0.47	0.12	0.36	0.12
Interest Expense	-0.16		-0.07	-0.02	0.06	-0.05	0.13	0.11	0.06	-0.04	-0.15	0.05	-0.53	0.11	-0.16	0.02	0.08	0.33	0.62	-0.56	0.17	-0.27	0.17
Selling General Administrative	0.75	-0.07		0.85	0.78	0.83	0.67	0.64	0.78	0.82	0.86	0.64	0.47	0.61	0.68	0.68	0.42	0.13	-0.23	0.09	0.23	0.17	0.23
Total Revenue	0.82	-0.02	0.85		0.82	0.99	0.67	0.64	0.8	0.99	0.98	0.64	0.32	0.61	0.74	0.55	0.38	0.14	-0.31	0.14	0.07	-0.01	0.07
Gross Profit	0.47	0.06	0.78	0.82		0.72	0.97	0.95	0.99	0.72	0.75	0.95	0.43	0.91	0.9	0.69	0.8	0.61	0.02	-0.31	0.14	-0.14	0.14
Other Operating Expenses	0.87	-0.05	0.83	0.99	0.72		0.55	0.52	0.71	1.0	0.98	0.53	0.27	0.49	0.66	0.48	0.25	0.0	-0.38	0.25	0.05	0.03	0.05
Operating Income	0.27	0.13	0.67	0.67	0.97	0.55		0.99	0.97	0.55	0.58	0.98	0.45	0.96	0.86	0.64	0.89	0.76	0.16	-0.47	0.18	-0.25	0.18
Ebit	0.2	0.11	0.64	0.64	0.95	0.52	0.99		0.96	0.52	0.54	1.0	0.47	0.98	0.84	0.6	0.92	0.75	0.16	-0.47	0.17	-0.32	0.17
Ebitda	0.45	0.06	0.78	0.8	0.99	0.71	0.97	0.96		0.71	0.73	0.97	0.49	0.95	0.88	0.69	0.83	0.61	0.01	-0.3	0.19	-0.2	0.19
Cost Of Revenue	0.87	-0.04	0.82	0.99	0.72	1.0	0.55	0.52	0.71		0.98	0.52	0.27	0.49	0.65	0.48	0.25	0.0	-0.37	0.25	0.05	0.02	0.05
Total Operating Expenses	0.89	-0.15	0.86	0.98	0.75	0.98	0.58	0.54	0.73	0.98		0.55	0.34	0.5	0.69	0.53	0.27	-0.01	-0.43	0.28	0.0	0.14	0.0
Income Before Tax	0.22	0.05	0.64	0.64	0.95	0.53	0.98	1.0	0.97	0.52	0.55		0.52	0.99	0.85	0.62	0.93	0.74	0.13	-0.44	0.2	-0.32	0.2
Total Other Income Expense Net	0.24	-0.53	0.47	0.32	0.43	0.27	0.45	0.47	0.49	0.27	0.34	0.52		0.55	0.41	0.37	0.52	0.15	-0.3	0.12	0.38	-0.15	0.38
Net Income	0.2	0.11	0.61	0.61	0.91	0.49	0.96	0.98	0.95	0.49	0.5	0.99	0.55		0.79	0.63	0.95	0.74	0.17	-0.48	0.31	-0.38	0.31
Income Tax Expense	0.43	-0.16	0.68	0.74	0.9	0.66	0.86	0.84	0.88	0.65	0.69	0.85	0.41	0.79		0.63	0.72	0.59	-0.01	-0.25	0.16	-0.22	0.16
Research Development	0.53	0.02	0.68	0.55	0.69	0.48	0.64	0.6	0.69	0.48	0.53	0.62	0.37	0.63	0.63		0.57	0.4	0.19	-0.33	0.48	0.14	0.48
Net Income From Continuing Ops	-0.02	0.08	0.42	0.38	0.8	0.25	0.89	0.92	0.83	0.25	0.27	0.93	0.52	0.95	0.72	0.57		0.82	0.26	-0.57	0.35	-0.44	0.35
Tax Provision	-0.3	0.33	0.13	0.14	0.61	0.0	0.76	0.75	0.61	0.0	-0.01	0.74	0.15	0.74	0.59	0.4	0.82		0.56	-0.82	0.25	-0.49	0.25
Interest Income	-0.5	0.62	-0.23	-0.31	0.02	-0.38	0.16	0.16	0.01	-0.37	-0.43	0.13	-0.3	0.17	-0.01	0.19	0.26	0.56		-0.91	0.36	-0.37	0.36
Net Interest Income	0.47	-0.56	0.09	0.14	-0.31	0.25	-0.47	-0.47	-0.3	0.25	0.28	-0.44	0.12	-0.48	-0.25	-0.33	-0.57	-0.82	-0.91		-0.34	0.39	-0.34
Minority Interest	0.12	0.17	0.23	0.07	0.14	0.05	0.18	0.17	0.19	0.05	0.0	0.2	0.38	0.31	0.16	0.48	0.35	0.25	0.36	-0.34		-0.32	1.0
Reconciled Depreciation	0.36	-0.27	0.17	-0.01	-0.14	0.03	-0.25	-0.32	-0.2	0.02	0.14	-0.32	-0.15	-0.38	-0.22	0.14	-0.44	-0.49	-0.37	0.39	-0.32		-0.32
Selling And Marketing Expenses	0.12	0.17	0.23	0.07	0.14	0.05	0.18	0.17	0.19	0.05	0.0	0.2	0.38	0.31	0.16	0.48	0.35	0.25	0.36	-0.34	1.0	-0.32

Click cells to compare fundamentals

Magellan Aerospace Account Relationship Matchups

Magellan Aerospace income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	55.7M	57.1M	51.9M	47.4M	46.6M	31.6M
Interest Expense	2.6M	3.4M	2.6M	2.7M	3.5M	3.3M
Selling General Administrative	60.0M	49.1M	41.5M	45.8M	22.4M	40.3M
Total Revenue	1.0B	744.4M	688.4M	764.6M	879.6M	659.6M
Gross Profit	157.0M	96.5M	48.3M	35.1M	89.0M	92.4M
Other Operating Expenses	921.6M	700.0M	684.6M	778.2M	847.9M	611.5M
Operating Income	89.4M	42.4M	6.7M	(12.0M)	31.7M	49.6M
Ebit	87.6M	17.8M	4.5M	(15.9M)	24.4M	47.9M
Ebitda	143.3M	74.9M	56.4M	31.5M	71.0M	79.5M
Cost Of Revenue	859.3M	647.9M	640.0M	729.5M	790.6M	567.2M
Total Operating Expenses	62.3M	52.1M	44.6M	48.7M	54.0M	44.2M
Income Before Tax	85.0M	14.4M	1.9M	(18.6M)	20.9M	36.4M
Total Other Income Expense Net	(3.0M)	(1.4M)	(3.8M)	(4.8M)	(10.8M)	(11.3M)
Net Income	67.4M	3.3M	(977K)	(21.7M)	9.2M	8.8M
Income Tax Expense	17.6M	11.1M	2.8M	3.1M	11.7M	7.7M
Research Development	8.9M	8.1M	4.2M	3.8M	2.3M	2.2M
Net Income From Continuing Ops	67.4M	3.3M	(977K)	(21.7M)	9.2M	8.8M
Net Income Applicable To Common Shares	67.4M	3.3M	(977K)	(21.7M)	(19.5M)	(18.5M)
Tax Provision	17.6M	11.1M	2.8M	3.1M	11.7M	12.3M
Interest Income	2.6M	3.4M	2.6M	2.7M	2.5M	2.7M
Net Interest Income	(4.6M)	(4.4M)	(2.9M)	(2.8M)	(3.7M)	(3.9M)
Reconciled Depreciation	55.6M	57.1M	51.9M	47.4M	46.6M	54.8M

Pair Trading with Magellan Aerospace

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 Magellan Aerospace 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 Magellan Aerospace will appreciate offsetting losses from the drop in the long position's value.

Moving together with Magellan Stock

0.83	BMO-PE	Bank of Montreal Earnings Call This Week	Pair Corr
0.91	BMO	Bank of Montreal Earnings Call This Week	Pair Corr
0.8	RY-PS	Royal Bank Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Magellan Aerospace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magellan Aerospace 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 Magellan Aerospace - 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 Magellan Aerospace to buy it.

The correlation of Magellan Aerospace 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 Magellan Aerospace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magellan Aerospace 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 Magellan Aerospace 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.

Pair Correlation Correlation Matching

Other Information on Investing in Magellan Stock

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Magellan Historical Income Statement

About Magellan Income Statement Analysis

Magellan Aerospace Income Statement Chart

Gross Profit

Other Operating Expenses

Magellan Aerospace income statement Correlations

Magellan Aerospace Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magellan Aerospace income statement Accounts

Pair Trading with Magellan Aerospace

Moving together with Magellan Stock

Other Information on Investing in Magellan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Income Before Tax	+ 1.0	Ebit
Selling And Marketing Expenses	+ 1.0	Minority Interest
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Ebitda	+ 0.99	Gross Profit

Net Interest Income	- 0.91	Interest Income
Net Interest Income	- 0.82	Tax Provision
Net Interest Income	- 0.57	Net Income From Continuing Ops
Net Interest Income	- 0.56	Interest Expense
Total Other Income Expense Net	- 0.53	Interest Expense
Interest Income	- 0.5	Depreciation And Amortization