Nuscale Historical Income Statement
| SMR Stock | USD 29.65 1.59 5.67% |
Historical analysis of Nuscale Power income statement accounts such as Selling General Administrative of 54.9 M, Total Revenue of 24 M, Gross Profit of 2.1 M or Other Operating Expenses of 221.1 M can show how well Nuscale Power Corp performed in making a profits. Evaluating Nuscale Power income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nuscale Power's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Nuscale Power 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 Nuscale Power Corp is a good buy for the upcoming year.
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About Nuscale Income Statement Analysis
Nuscale Power 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 Nuscale Power shareholders. The income statement also shows Nuscale 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).
Nuscale Power Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Nuscale Power Corp minus its cost of goods sold. It is profit before Nuscale Power 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 Nuscale Power Corp. It is also known as Nuscale Power 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 Nuscale Power's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nuscale Power 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Nuscale Power 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 population. At this time, Nuscale Power's Net Interest Income is relatively stable compared to the past year. As of 12/02/2024, Interest Income is likely to grow to about 19.4 M, while Selling General Administrative is likely to drop slightly above 54.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.7M | 5.1M | 2.6M | 2.4M | Interest Income | 1.7M | 16.1M | 18.5M | 19.4M |
Nuscale Power income statement Correlations
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Nuscale Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Nuscale Power
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 Nuscale Power 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 Nuscale Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Nuscale Stock
| 0.79 | B | Barnes Group | PairCorr |
| 0.86 | CR | Crane Company | PairCorr |
| 0.63 | HI | Hillenbrand | PairCorr |
| 0.79 | IR | Ingersoll Rand | PairCorr |
Moving against Nuscale Stock
| 0.75 | CYD | China Yuchai Interna | PairCorr |
| 0.74 | RR | Richtech Robotics Class | PairCorr |
| 0.72 | CVV | CVD Equipment | PairCorr |
| 0.71 | AOS | Smith AO | PairCorr |
The ability to find closely correlated positions to Nuscale Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuscale Power 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 Nuscale Power - 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 Nuscale Power Corp to buy it.
The correlation of Nuscale Power 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 Nuscale Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuscale Power 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 Nuscale Power 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.Additional Tools for Nuscale Stock Analysis
When running Nuscale Power's price analysis, check to measure Nuscale Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuscale Power is operating at the current time. Most of Nuscale Power's value examination focuses on studying past and present price action to predict the probability of Nuscale Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuscale Power's price. Additionally, you may evaluate how the addition of Nuscale Power to your portfolios can decrease your overall portfolio volatility.