Prime Historical Income Statement
| PDV Stock | CAD 8.66 0.02 0.23% |
Historical analysis of Prime Dividend income statement accounts such as Gross Profit of 60.7 K, Other Operating Expenses of 305.4 K, Total Operating Expenses of 274.3 K or Cost Of Revenue of 92.3 K can show how well Prime Dividend Corp performed in making a profits. Evaluating Prime Dividend income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Prime Dividend's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Prime Dividend Corp 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 Prime Dividend Corp is a good buy for the upcoming year.
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About Prime Income Statement Analysis
Prime Dividend Corp 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 Prime Dividend shareholders. The income statement also shows Prime 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).
Prime Dividend Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Prime Dividend Corp. It is also known as Prime Dividend 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Prime Dividend's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Prime Dividend Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Dividend Corp. 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, Prime Dividend's Interest Income is very stable compared to the past year.
Prime Dividend income statement Correlations
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Prime Dividend Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prime Dividend income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 852.4K | (3.3M) | 664.0K | 84.4K | 75.9K | 79.7K | |
| Selling General Administrative | 225.8K | 233.0K | 221.9K | 192.3K | 173.0K | 181.5K | |
| Total Revenue | (657.7K) | 3.5M | (471.1K) | 71.0K | 63.9K | 60.7K | |
| Gross Profit | (657.7K) | 3.5M | (471.1K) | 71.0K | 63.9K | 60.7K | |
| Other Operating Expenses | 259.1K | 269.7K | 254.7K | 221.6K | 199.4K | 305.4K | |
| Operating Income | (916.8K) | 3.3M | (725.8K) | (150.6K) | (135.5K) | (128.7K) | |
| Ebit | (916.8K) | 3.3M | (725.8K) | (235.0K) | (211.5K) | (200.9K) | |
| Ebitda | (916.8K) | 3.3M | (725.8K) | (150.6K) | (135.5K) | (128.7K) | |
| Total Operating Expenses | 259.1K | 269.7K | 254.7K | 221.6K | 199.4K | 274.3K | |
| Net Income | (916.8K) | 3.3M | (725.8K) | (150.6K) | (135.5K) | (128.7K) | |
| Income Tax Expense | (1.4M) | 2.8M | (1.3M) | (683.4K) | (786.0K) | (746.7K) | |
| Total Other Income Expense Net | (572.2K) | (508.5K) | (595.0K) | (683.4K) | (615.1K) | (584.3K) | |
| Cost Of Revenue | 66.2K | 69.8K | 96.7K | 71.2K | 64.1K | 92.3K | |
| Income Before Tax | (916.8K) | 3.3M | (725.8K) | (834.0K) | (750.6K) | (713.1K) | |
| Net Income From Continuing Ops | (916.8K) | 3.3M | (725.8K) | (150.6K) | (135.5K) | (128.7K) | |
| Net Income Applicable To Common Shares | 1.5M | (1.4M) | 2.8M | (1.3M) | (1.1M) | (1.1M) | |
| Net Interest Income | 967.0 | 0.0 | 5.9K | 22.2K | 25.5K | 26.8K | |
| Interest Income | 967.0 | 0.0 | 5.9K | 22.2K | 25.5K | 26.8K |
Pair Trading with Prime Dividend
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 Prime Dividend 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 Prime Dividend will appreciate offsetting losses from the drop in the long position's value.Moving against Prime Stock
| 0.91 | AEMC | Alaska Energy Metals | PairCorr |
| 0.8 | EOG | Eco Atlantic Oil | PairCorr |
| 0.62 | CMC | Cielo Waste Solutions | PairCorr |
The ability to find closely correlated positions to Prime Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Dividend 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 Prime Dividend - 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 Prime Dividend Corp to buy it.
The correlation of Prime Dividend 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 Prime Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Dividend Corp 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 Prime Dividend 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 Prime Stock
Prime Dividend Corp 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 Prime Dividend shareholders. The income statement also shows Prime 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).