Massimo Historical Income Statement
| MAMO Stock | 2.72 0.13 4.56% |
Historical analysis of Massimo Group income statement accounts such as Selling General Administrative of 11.5 M can show how well Massimo Group Common performed in making a profits. Evaluating Massimo Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Massimo Group's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Massimo Group Common 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 Massimo Group Common is a good buy for the upcoming year.
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About Massimo Income Statement Analysis
Massimo Group Common 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 Massimo Group shareholders. The income statement also shows Massimo 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).
Massimo Group Income Statement Chart
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Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Total Revenue
Total revenue comprises all receipts Massimo Group Common 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 Massimo Group Common minus its cost of goods sold. It is profit before Massimo Group 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.Most accounts from Massimo Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Massimo Group Common 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 Massimo Group Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Massimo Group's Cost Of Revenue is very stable compared to the past year. As of the 13th of December 2024, Income Tax Expense is likely to grow to about 2.6 M, while Net Interest Income is likely to drop (490.2 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 828.0K | 518.7K | 466.9K | 463.9K | Depreciation And Amortization | 146.7K | 151.5K | 193.6K | 169.1K |
Massimo Group income statement Correlations
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Massimo Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Massimo Group
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 Massimo Group 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 Massimo Group will appreciate offsetting losses from the drop in the long position's value.Moving against Massimo Stock
| 0.54 | GT | Goodyear Tire Rubber | PairCorr |
| 0.52 | AXL | American Axle Manufa | PairCorr |
| 0.45 | DORM | Dorman Products | PairCorr |
| 0.43 | WKHS | Workhorse Group | PairCorr |
The ability to find closely correlated positions to Massimo Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Massimo Group 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 Massimo Group - 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 Massimo Group Common to buy it.
The correlation of Massimo Group 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 Massimo Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Massimo Group Common 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 Massimo Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Massimo Group Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Motorcycle Manufacturers 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 Massimo Group. If investors know Massimo 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 Massimo Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.365 | Earnings Share 0.33 | Revenue Per Share 3.349 | Quarterly Revenue Growth 0.324 |
The market value of Massimo Group Common is measured differently than its book value, which is the value of Massimo that is recorded on the company's balance sheet. Investors also form their own opinion of Massimo Group's value that differs from its market value or its book value, called intrinsic value, which is Massimo Group'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 Massimo Group's market value can be influenced by many factors that don't directly affect Massimo Group'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 Massimo Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Massimo Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Massimo Group'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.