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.
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.
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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
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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.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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Transcontinental financial statement analysis. It represents the amount of money remaining after all of Transcontinental operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Expense | 38.3M | 55.5M | 51.6M | 43.2M | Depreciation And Amortization | 231.9M | 234.9M | 270.1M | 146.1M |
Transcontinental income statement Correlations
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Transcontinental Account Relationship Matchups
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Transcontinental income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 237.5M | 217.6M | 231.9M | 234.9M | 270.1M | 146.1M | |
Interest Expense | 49.6M | 40.9M | 38.3M | 55.5M | 51.6M | 43.2M | |
Total Revenue | 2.6B | 2.6B | 3.0B | 2.9B | 2.8B | 2.2B | |
Gross Profit | 1.3B | 1.2B | 1.3B | 457.3M | 1.4B | 769.2M | |
Other Operating Expenses | 2.3B | 2.4B | 2.7B | 2.8B | 3.2B | 2.0B | |
Operating Income | 241.4M | 233.8M | 217.3M | 164.7M | 254.2M | 191.6M | |
Ebit | 242.1M | 232.4M | 214.1M | 156.8M | 180.3M | 184.6M | |
Ebitda | 479.6M | 450M | 446M | 391.7M | 450.5M | 330.7M | |
Cost Of Revenue | 1.3B | 1.4B | 1.6B | 2.5B | 1.4B | 1.4B | |
Total Operating Expenses | 969.7M | 994.3M | 1.1B | 292.6M | 2.6B | 2.7B | |
Income Before Tax | 195M | 191.5M | 177.3M | 98.4M | 149.5M | 143.5M | |
Total Other Income Expense Net | (46.4M) | (42.3M) | (40M) | (66.3M) | (47M) | (49.4M) | |
Net Income | 131.7M | 130.6M | 141.2M | 85.8M | 121.3M | 96.2M | |
Income Tax Expense | 63.2M | 61M | 36.5M | 12.5M | 14.4M | 13.7M | |
Selling General Administrative | 638.4M | 675.4M | 746.3M | 773.6M | 771.2M | 756.5M | |
Research Development | 9.4M | 6.1M | 6.3M | 6.2M | 7.7M | 6.2M | |
Net Income From Continuing Ops | 131.8M | 130.5M | 140.8M | 85.9M | 121.9M | 123.3M | |
Net Income Applicable To Common Shares | 166.1M | 131.7M | 130.6M | 141.2M | 127.1M | 134.1M | |
Minority Interest | 5.3M | 100K | 400K | (100K) | (600K) | (570K) | |
Tax Provision | 63.2M | 61M | 36.5M | 12.5M | 27.6M | 46.2M | |
Net Interest Income | (66.6M) | (49.3M) | (41.9M) | (66.1M) | (57.7M) | (60.6M) | |
Reconciled Depreciation | 237.5M | 227.3M | 231.9M | 234.9M | 215.2M | 233.5M |
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
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.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.