Silver Historical Income Statement
| SVB Stock | CAD 0.12 0.01 7.69% |
Historical analysis of Silver Bull income statement accounts such as Depreciation And Amortization of 30.8 K, Selling General Administrative of 729.9 K, Cost Of Revenue of 10.8 K or Total Revenue of 0.0 can show how well Silver Bull Resources performed in making a profits. Evaluating Silver Bull income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Silver Bull's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Silver Bull 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 Silver Bull Resources is a good buy for the upcoming year.
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About Silver Income Statement Analysis
Silver Bull 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 Silver Bull shareholders. The income statement also shows Silver 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).
Silver Bull 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 Silver Bull Resources. It is also known as Silver Bull 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Silver Bull Resources minus its cost of goods sold. It is profit before Silver Bull 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.Total Revenue
Total revenue comprises all receipts Silver Bull Resources 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.Most accounts from Silver Bull's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Silver Bull 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Bull 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, Silver Bull's Total Other Income Expense Net is very stable compared to the past year. As of the 22nd of December 2024, Research Development is likely to grow to about 4.1 M, while Interest Expense is likely to drop 6,244.
| 2021 | 2023 | 2024 (projected) | Other Operating Expenses | 1.4M | 1.5M | 1.4M | Interest Expense | 5.7K | 6.6K | 6.2K |
Silver Bull income statement Correlations
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Silver Bull Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silver Bull income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 399.3K | 37.1K | 2.4M | 5.7K | 6.6K | 6.2K | |
| Other Operating Expenses | 2.2M | 3.5M | 1.4M | 1.3M | 1.5M | 1.4M | |
| Operating Income | (2.2M) | (3.5M) | 412.3K | (1.3M) | (1.1M) | (1.2M) | |
| Ebit | (2.2M) | (3.5M) | (1.4M) | (1.3M) | (1.1M) | (1.2M) | |
| Ebitda | (2.2M) | (3.5M) | (1.4M) | (1.2M) | (1.1M) | (1.2M) | |
| Total Operating Expenses | 2.2M | 3.5M | 1.4M | 1.3M | 1.5M | 1.4M | |
| Net Income | (2.2M) | (2.4M) | (3.2M) | (1.3M) | (1.1M) | (1.2M) | |
| Income Tax Expense | 7.9K | 4.6K | 4.5K | 2.2K | 2.0K | 1.9K | |
| Depreciation And Amortization | 34.7K | 49.2K | 20.6K | 28.2K | 32.4K | 30.8K | |
| Selling General Administrative | 1.5M | 2.5M | 1.0M | 853.7K | 768.3K | 729.9K | |
| Gross Profit | (34.7K) | (49.2K) | (20.6K) | (12.6K) | (14.5K) | (15.3K) | |
| Cost Of Revenue | 34.7K | 49.2K | 20.6K | 12.6K | 11.4K | 10.8K | |
| Income Before Tax | (2.2M) | (2.4M) | (3.2M) | (1.2M) | (1.1M) | (1.2M) | |
| Total Other Income Expense Net | (14.7K) | 1.1M | 272.9K | 17.6K | 20.2K | 21.3K | |
| Net Income From Continuing Ops | (2.2M) | (2.4M) | (3.2M) | (1.3M) | (1.4M) | (1.5M) | |
| Net Income Applicable To Common Shares | (3.9M) | (2.2M) | (2.2M) | (3.2M) | (3.6M) | (3.8M) | |
| Tax Provision | 7.9K | 4.6K | 4.5K | 2.2K | 2.5K | 2.7K | |
| Interest Income | 7.7K | 92.0 | 5.7K | 32.0K | 28.8K | 27.3K | |
| Net Interest Income | 7.7K | 92.0 | 5.7K | 32.0K | 36.8K | 38.6K | |
| Reconciled Depreciation | 34.7K | 49.2K | 20.6K | 12.6K | 11.4K | 10.8K |
Pair Trading with Silver Bull
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 Silver Bull 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 Silver Bull will appreciate offsetting losses from the drop in the long position's value.Moving against Silver Stock
| 0.55 | EIT-UN | Canoe EIT Income | PairCorr |
| 0.51 | FSZ | Fiera Capital | PairCorr |
| 0.49 | LAC | Lithium Americas Corp | PairCorr |
| 0.49 | DFN | Dividend 15 Split | PairCorr |
| 0.48 | DGS | Dividend Growth Split | PairCorr |
The ability to find closely correlated positions to Silver Bull could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silver Bull 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 Silver Bull - 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 Silver Bull Resources to buy it.
The correlation of Silver Bull 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 Silver Bull moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silver Bull 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 Silver Bull 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 Silver Stock
Silver Bull 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 Silver Bull shareholders. The income statement also shows Silver 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).