Transcontinental Historical Income Statement

TCL-B Stock  CAD 18.00  0.26  1.47%   
Historical analysis of Transcontinental income statement accounts such as Other Operating Expenses of 2 B, Operating Income of 191.6 M, EBIT of 184.6 M or Ebitda of 330.7 M can show how well Transcontinental performed in making a profits. Evaluating Transcontinental income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Transcontinental's future profits or losses.
 
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Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Transcontinental 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 Transcontinental is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transcontinental. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Transcontinental Income Statement Analysis

Transcontinental 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 Transcontinental shareholders. The income statement also shows Transcontinental 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).

Transcontinental Income Statement Chart

At this time, Transcontinental's EBIT is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 1.4 B in 2024, whereas Total Revenue is likely to drop slightly above 2.2 B in 2024.

Total Revenue

Total revenue comprises all receipts Transcontinental 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 Transcontinental minus its cost of goods sold. It is profit before Transcontinental 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 Transcontinental. It is also known as Transcontinental 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 Transcontinental 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 Transcontinental 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.
Most accounts from Transcontinental's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Transcontinental 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 Transcontinental. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Transcontinental's EBIT is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 1.4 B in 2024, whereas Total Revenue is likely to drop slightly above 2.2 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense38.3M55.5M51.6M43.2M
Depreciation And Amortization231.9M234.9M270.1M146.1M

Transcontinental income statement Correlations

0.810.940.560.970.510.370.720.770.390.32-0.040.270.090.48-0.220.69-0.07-0.07-0.11-0.770.82-0.1
0.810.780.250.80.290.160.470.810.360.08-0.37-0.030.220.68-0.380.44-0.2-0.12-0.04-0.890.83-0.24
0.940.780.630.960.510.420.720.790.360.35-0.110.270.20.47-0.160.630.02-0.03-0.03-0.710.73-0.06
0.560.250.630.580.540.490.610.030.390.49-0.010.350.44-0.11-0.040.420.410.340.37-0.090.180.1
0.970.80.960.580.450.310.660.790.460.26-0.10.220.050.58-0.180.62-0.08-0.18-0.18-0.750.74-0.16
0.510.290.510.540.450.960.940.240.270.970.490.90.22-0.070.210.830.680.490.49-0.40.43-0.04
0.370.160.420.490.310.960.910.150.140.970.530.910.23-0.180.210.690.680.530.53-0.270.310.05
0.720.470.720.610.660.940.910.450.280.870.380.80.210.070.060.820.480.370.35-0.530.590.0
0.770.810.790.030.790.240.150.450.160.08-0.130.08-0.090.69-0.180.48-0.29-0.3-0.33-0.850.81-0.15
0.390.360.360.390.460.270.140.280.160.140.010.12-0.20.41-0.250.24-0.02-0.32-0.12-0.470.42-0.87
0.320.080.350.490.260.970.970.870.080.140.560.940.23-0.260.280.750.780.60.56-0.20.260.06
-0.04-0.37-0.11-0.01-0.10.490.530.38-0.130.010.560.75-0.5-0.180.190.320.30.190.080.00.04-0.02
0.27-0.030.270.350.220.90.910.80.080.120.940.75-0.1-0.180.230.740.710.490.32-0.190.230.02
0.090.220.20.440.050.220.230.21-0.09-0.20.23-0.5-0.1-0.360.20.050.340.480.750.13-0.050.38
0.480.680.47-0.110.58-0.07-0.180.070.690.41-0.26-0.18-0.18-0.36-0.510.09-0.46-0.61-0.48-0.760.62-0.44
-0.22-0.38-0.16-0.04-0.180.210.210.06-0.18-0.250.280.190.230.2-0.510.110.390.30.250.37-0.460.24
0.690.440.630.420.620.830.690.820.480.240.750.320.740.050.090.110.470.330.09-0.530.57-0.04
-0.07-0.20.020.41-0.080.680.680.48-0.29-0.020.780.30.710.34-0.460.390.470.690.630.21-0.180.18
-0.07-0.12-0.030.34-0.180.490.530.37-0.3-0.320.60.190.490.48-0.610.30.330.690.640.22-0.210.46
-0.11-0.04-0.030.37-0.180.490.530.35-0.33-0.120.560.080.320.75-0.480.250.090.630.640.17-0.090.24
-0.77-0.89-0.71-0.09-0.75-0.4-0.27-0.53-0.85-0.47-0.20.0-0.190.13-0.760.37-0.530.210.220.17-0.920.45
0.820.830.730.180.740.430.310.590.810.420.260.040.23-0.050.62-0.460.57-0.18-0.21-0.09-0.92-0.35
-0.1-0.24-0.060.1-0.16-0.040.050.0-0.15-0.870.06-0.020.020.38-0.440.24-0.040.180.460.240.45-0.35
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Transcontinental Account Relationship Matchups

Transcontinental income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization237.5M217.6M231.9M234.9M270.1M146.1M
Interest Expense49.6M40.9M38.3M55.5M51.6M43.2M
Total Revenue2.6B2.6B3.0B2.9B2.8B2.2B
Gross Profit1.3B1.2B1.3B457.3M1.4B769.2M
Other Operating Expenses2.3B2.4B2.7B2.8B3.2B2.0B
Operating Income241.4M233.8M217.3M164.7M254.2M191.6M
Ebit242.1M232.4M214.1M156.8M180.3M184.6M
Ebitda479.6M450M446M391.7M450.5M330.7M
Cost Of Revenue1.3B1.4B1.6B2.5B1.4B1.4B
Total Operating Expenses969.7M994.3M1.1B292.6M2.6B2.7B
Income Before Tax195M191.5M177.3M98.4M149.5M143.5M
Total Other Income Expense Net(46.4M)(42.3M)(40M)(66.3M)(47M)(49.4M)
Net Income131.7M130.6M141.2M85.8M121.3M96.2M
Income Tax Expense63.2M61M36.5M12.5M14.4M13.7M
Selling General Administrative638.4M675.4M746.3M773.6M771.2M756.5M
Research Development9.4M6.1M6.3M6.2M7.7M6.2M
Net Income From Continuing Ops131.8M130.5M140.8M85.9M121.9M123.3M
Net Income Applicable To Common Shares166.1M131.7M130.6M141.2M127.1M134.1M
Minority Interest5.3M100K400K(100K)(600K)(570K)
Tax Provision63.2M61M36.5M12.5M27.6M46.2M
Net Interest Income(66.6M)(49.3M)(41.9M)(66.1M)(57.7M)(60.6M)
Reconciled Depreciation237.5M227.3M231.9M234.9M215.2M233.5M

Pair Trading with Transcontinental

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 Transcontinental 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 Transcontinental will appreciate offsetting losses from the drop in the long position's value.

Moving against Transcontinental Stock

  0.36GFR Greenfire ResourcesPairCorr
The ability to find closely correlated positions to Transcontinental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transcontinental 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 Transcontinental - 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 Transcontinental to buy it.
The correlation of Transcontinental 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 Transcontinental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transcontinental 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 Transcontinental 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.
Pair CorrelationCorrelation Matching

Additional Tools for Transcontinental Stock Analysis

When running Transcontinental's price analysis, check to measure Transcontinental'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 Transcontinental is operating at the current time. Most of Transcontinental's value examination focuses on studying past and present price action to predict the probability of Transcontinental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcontinental's price. Additionally, you may evaluate how the addition of Transcontinental to your portfolios can decrease your overall portfolio volatility.