Scandium Historical Income Statement
| SCY Stock | CAD 0.01 0.01 25.00% |
Historical analysis of Scandium Interna income statement accounts such as Total Operating Expenses of 865.1 K, Income Before Tax of 49.6 K, Total Other Income Expense Net of 1 M or Net Income of 49.6 K can show how well Scandium Interna performed in making a profits. Evaluating Scandium Interna income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Scandium Interna's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Scandium Interna 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 Scandium Interna is a good buy for the upcoming year.
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About Scandium Income Statement Analysis
Scandium Interna 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 Scandium Interna shareholders. The income statement also shows Scandium 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).
Scandium Interna 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 Scandium Interna. It is also known as Scandium Interna 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 Scandium Interna 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 Scandium Interna 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.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.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most accounts from Scandium Interna's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Scandium Interna 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Scandium Interna. 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, Scandium Interna's Net Income From Continuing Ops is very stable compared to the past year. As of the 2nd of December 2024, Non Recurring is likely to grow to about 462.6 K, while Depreciation And Amortization is likely to drop 2,507.
Scandium Interna income statement Correlations
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Scandium Interna Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Scandium Interna
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 Scandium Interna 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 Scandium Interna will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Scandium Interna could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Scandium Interna 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 Scandium Interna - 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 Scandium Interna to buy it.
The correlation of Scandium Interna 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 Scandium Interna moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Scandium Interna 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 Scandium Interna 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 Scandium Stock
Scandium Interna 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 Scandium Interna shareholders. The income statement also shows Scandium 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).