Triple Historical Income Statement

TFPM Stock   23.22  0.05  0.21%   
Historical analysis of Triple Flag income statement accounts such as Operating Income of 42.3 M, Ebit of 74.1 M, EBITDA of 72.8 M or Total Operating Expenses of 36.4 M can show how well Triple Flag Precious performed in making a profits. Evaluating Triple Flag income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Triple Flag's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Triple Flag Precious 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 Triple Flag Precious 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 Triple Flag Precious. 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.

About Triple Income Statement Analysis

Triple Flag Precious 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 Triple Flag shareholders. The income statement also shows Triple 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).

Triple Flag Income Statement Chart

At this time, Triple Flag's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 2nd of December 2024, Interest Income is likely to grow to about 3.4 M, while Depreciation And Amortization is likely to drop about 50.5 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Triple Flag Precious. It is also known as Triple Flag 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Triple Flag income statement and is an important metric when analyzing Triple Flag Precious profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Triple Flag's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Triple Flag Precious 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 Triple Flag Precious. 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, Triple Flag's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 2nd of December 2024, Interest Income is likely to grow to about 3.4 M, while Depreciation And Amortization is likely to drop about 50.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit83.3M87.0M102.1M58.5M
Total Revenue150.4M151.9M204.0M119.8M

Triple Flag income statement Correlations

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0.770.620.880.730.750.870.260.68-0.060.670.520.890.930.730.94-0.08-0.330.680.610.870.78
0.450.620.610.430.610.480.540.38-0.160.5-0.250.540.680.690.56-0.70.180.980.470.670.94
0.950.880.610.640.720.930.60.58-0.120.580.440.830.880.660.92-0.15-0.410.670.590.880.73
0.560.730.430.640.960.850.030.79-0.170.820.550.820.840.710.810.09-0.510.550.730.870.48
0.620.750.610.720.960.870.180.74-0.260.790.390.850.870.720.86-0.15-0.480.720.70.930.64
0.880.870.480.930.850.870.370.74-0.120.730.590.880.930.720.950.04-0.560.580.720.940.61
0.660.260.540.60.030.180.37-0.02-0.180.04-0.170.260.310.330.25-0.380.050.480.170.330.44
0.510.680.380.580.790.740.74-0.020.440.980.620.650.810.750.720.3-0.280.450.970.760.49
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0.510.670.50.580.820.790.730.040.980.380.520.670.810.770.720.15-0.240.570.970.790.57
0.540.52-0.250.440.550.390.59-0.170.620.320.520.570.430.190.560.74-0.64-0.140.50.41-0.07
0.780.890.540.830.820.850.880.260.65-0.180.670.570.860.620.92-0.03-0.640.640.590.910.65
0.750.930.680.880.840.870.930.310.81-0.030.810.430.860.890.93-0.1-0.330.740.790.970.81
0.50.730.690.660.710.720.720.330.750.070.770.190.620.890.65-0.09-0.040.680.80.810.74
0.820.940.560.920.810.860.950.250.72-0.110.720.560.920.930.65-0.09-0.510.680.650.940.73
-0.01-0.08-0.7-0.150.09-0.150.04-0.380.30.510.150.74-0.03-0.1-0.09-0.09-0.35-0.680.22-0.16-0.59
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0.520.680.980.670.550.720.580.480.45-0.220.57-0.140.640.740.680.68-0.680.030.50.770.95
0.540.610.470.590.730.70.720.170.970.470.970.50.590.790.80.650.22-0.180.50.740.52
0.770.870.670.880.870.930.940.330.76-0.140.790.410.910.970.810.94-0.16-0.480.770.740.78
0.550.780.940.730.480.640.610.440.49-0.090.57-0.070.650.810.740.73-0.590.050.950.520.78
Click cells to compare fundamentals

Triple Flag Account Relationship Matchups

Triple Flag income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization42.0M53.6M54.1M50.5M65.5M50.5M
Selling General Administrative10.8M7.2M14.1M19.3M20.1M10.7M
Selling And Marketing Expenses128K119K771K3.0M4.2M4.4M
Other Operating Expenses58.1M70.1M81.7M84.2M136.7M76.2M
Operating Income1.4M34.7M68.7M16.7M40.3M42.3M
Ebit1.4M43.1M69.5M16.7M70.6M74.1M
Ebitda43.4M96.7M123.6M67.2M136.0M72.8M
Total Operating Expenses11.1M7.6M14.5M19.3M34.7M36.4M
Income Before Tax(37.5M)62.2M52.0M59.9M36.4M19.2M
Total Other Income Expense Net(39.0M)27.5M(16.8M)43.1M(26.9M)(25.5M)
Net Income(41.4M)55.6M45.5M55.1M36.3M38.1M
Income Tax Expense3.9M6.6M6.4M4.8M107K101.7K
Interest Expense8.7M10.4M6.4M1.4M7.3M5.8M
Total Revenue59.1M112.6M150.4M151.9M204.0M119.8M
Gross Profit12.2M50.1M83.3M87.0M102.1M58.5M
Cost Of Revenue47.0M62.5M67.2M64.9M101.9M61.2M
Net Income Applicable To Common Shares(13.8M)55.6M45.5M55.1M63.3M66.5M
Tax Provision3.9M6.6M6.4M4.8M107K101.7K
Net Interest Income(8.4M)(9.9M)(5.7M)(1.4M)(4.1M)(4.3M)
Interest Income354K530K750K1.9M3.2M3.4M
Net Income From Continuing Ops(41.4M)55.6M45.5M55.1M36.3M27.4M
Reconciled Depreciation42.0M53.6M54.1M50.5M65.5M55.4M

Pair Trading with Triple Flag

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

Moving together with Triple Stock

  0.89AG First Majestic SilverPairCorr
  0.75IE Ivanhoe EnergyPairCorr
The ability to find closely correlated positions to Triple Flag could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triple Flag 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 Triple Flag - 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 Triple Flag Precious to buy it.
The correlation of Triple Flag 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 Triple Flag moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triple Flag Precious 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 Triple Flag 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
When determining whether Triple Flag Precious is a strong investment it is important to analyze Triple Flag's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Triple Flag's future performance. For an informed investment choice regarding Triple Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Flag Precious. 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.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Please note, there is a significant difference between Triple Flag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Flag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Flag's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.