Supremex Historical Income Statement
SXP Stock | CAD 4.03 0.03 0.75% |
Historical analysis of Supremex income statement accounts such as Other Operating Expenses of 174.3 M, Operating Income of 21 M, EBIT of 31.2 M or Ebitda of 50.9 M can show how well Supremex performed in making a profits. Evaluating Supremex income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Supremex's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Supremex 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 Supremex is a good buy for the upcoming year.
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About Supremex Income Statement Analysis
Supremex 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 Supremex shareholders. The income statement also shows Supremex 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).
Supremex Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Supremex 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Supremex minus its cost of goods sold. It is profit before Supremex 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 Supremex. It is also known as Supremex 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 Supremex 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 Supremex 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.Cost Of Revenue
Cost of Revenue is found on Supremex income statement and represents the costs associated with goods and services Supremex provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Supremex's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Supremex 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 Supremex. 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, Supremex's EBIT is very stable compared to the past year. As of the 29th of November 2024, EBITDA is likely to grow to about 50.9 M, while Depreciation And Amortization is likely to drop about 12.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 53.1M | 75.1M | 87.2M | 52.8M | Total Revenue | 226.4M | 272.5M | 302.2M | 198.5M |
Supremex income statement Correlations
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Supremex Account Relationship Matchups
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Supremex income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 11.7M | 13.9M | 13.5M | 14.1M | 18.8M | 12.5M | |
Interest Expense | 3.4M | 3.2M | 2.2M | 2.7M | 6.1M | 3.2M | |
Total Revenue | 191.7M | 204.6M | 226.4M | 272.5M | 302.2M | 198.5M | |
Gross Profit | 47.9M | 57.2M | 53.1M | 75.1M | 87.2M | 52.8M | |
Other Operating Expenses | 178.0M | 186.6M | 201.1M | 230.8M | 273.2M | 174.3M | |
Operating Income | 13.6M | 18.1M | 23.3M | 40.7M | 28.9M | 21.0M | |
Ebit | 13.7M | 13.6M | 23.4M | 41.0M | 29.7M | 31.2M | |
Ebitda | 25.5M | 27.5M | 36.9M | 55.1M | 48.5M | 50.9M | |
Cost Of Revenue | 143.8M | 147.4M | 173.3M | 197.4M | 215.0M | 145.6M | |
Total Operating Expenses | 178.0M | 186.6M | 201.1M | 230.8M | 38.9M | 36.9M | |
Income Before Tax | 10.1M | 10.3M | 21.1M | 38.1M | 23.3M | 24.5M | |
Total Other Income Expense Net | (3.4M) | (3.1M) | (2.2M) | (2.6M) | (5.6M) | (5.9M) | |
Net Income | 7.1M | 7.5M | 15.8M | 28.4M | 17.3M | 18.2M | |
Income Tax Expense | 3.1M | 2.8M | 5.3M | 9.7M | 6.0M | 3.2M | |
Selling General Administrative | 22.6M | 25.4M | 29.9M | 35.0M | 38.2M | 25.8M | |
Net Income From Continuing Ops | 7.1M | 7.5M | 15.8M | 28.4M | 17.3M | 13.7M | |
Net Income Applicable To Common Shares | 7.1M | 7.5M | 15.8M | 28.4M | 32.7M | 34.3M | |
Tax Provision | 3.1M | 2.8M | 5.3M | 9.7M | 6.0M | 5.7M | |
Interest Income | 3.6M | 3.3M | 2.3M | 2.9M | 736.4K | 699.6K | |
Net Interest Income | (3.4M) | (3.1M) | (2.2M) | (2.6M) | (5.6M) | (5.3M) | |
Reconciled Depreciation | 11.7M | 13.9M | 13.5M | 14.1M | 18.8M | 13.2M |
Pair Trading with Supremex
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 Supremex 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 Supremex will appreciate offsetting losses from the drop in the long position's value.Moving against Supremex Stock
The ability to find closely correlated positions to Supremex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Supremex 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 Supremex - 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 Supremex to buy it.
The correlation of Supremex 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 Supremex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Supremex 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 Supremex 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 Supremex Stock
Supremex 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 Supremex shareholders. The income statement also shows Supremex 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).