Northcliff Historical Income Statement
| NCF Stock | CAD 0.03 0.01 14.29% |
Historical analysis of Northcliff Resources income statement accounts such as Other Operating Expenses of 3.1 M can show how well Northcliff Resources performed in making a profits. Evaluating Northcliff Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Northcliff Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Northcliff Resources 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 Northcliff Resources is a good buy for the upcoming year.
Northcliff |
About Northcliff Income Statement Analysis
Northcliff Resources 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 Northcliff Resources shareholders. The income statement also shows Northcliff 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).
Northcliff Resources Income Statement Chart
Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Northcliff Resources. It is also known as Northcliff Resources 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Northcliff Resources income statement and is an important metric when analyzing Northcliff Resources 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Northcliff Resources minus its cost of goods sold. It is profit before Northcliff Resources 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.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.Most accounts from Northcliff Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Northcliff Resources 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 Northcliff Resources. 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, Northcliff Resources' Interest Expense is very stable compared to the past year. As of the 2nd of December 2024, Selling General Administrative is likely to grow to about 2 M, while Depreciation And Amortization is likely to drop 182.97.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 233.5K | 180.0K | 207.0K | 217.3K | Minority Interest | 62.0K | 129.7K | 116.8K | 110.9K |
Northcliff Resources income statement Correlations
Click cells to compare fundamentals
Northcliff Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Northcliff Resources
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 Northcliff Resources 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 Northcliff Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Northcliff Stock
The ability to find closely correlated positions to Northcliff Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northcliff Resources 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 Northcliff Resources - 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 Northcliff Resources to buy it.
The correlation of Northcliff Resources 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 Northcliff Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northcliff Resources 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 Northcliff Resources 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.Other Information on Investing in Northcliff Stock
Northcliff Resources 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 Northcliff Resources shareholders. The income statement also shows Northcliff 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).