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.
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.
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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
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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.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 Profit | 83.3M | 87.0M | 102.1M | 58.5M | Total Revenue | 150.4M | 151.9M | 204.0M | 119.8M |
Triple Flag income statement Correlations
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Triple Flag Account Relationship Matchups
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Triple Flag income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 42.0M | 53.6M | 54.1M | 50.5M | 65.5M | 50.5M | |
Selling General Administrative | 10.8M | 7.2M | 14.1M | 19.3M | 20.1M | 10.7M | |
Selling And Marketing Expenses | 128K | 119K | 771K | 3.0M | 4.2M | 4.4M | |
Other Operating Expenses | 58.1M | 70.1M | 81.7M | 84.2M | 136.7M | 76.2M | |
Operating Income | 1.4M | 34.7M | 68.7M | 16.7M | 40.3M | 42.3M | |
Ebit | 1.4M | 43.1M | 69.5M | 16.7M | 70.6M | 74.1M | |
Ebitda | 43.4M | 96.7M | 123.6M | 67.2M | 136.0M | 72.8M | |
Total Operating Expenses | 11.1M | 7.6M | 14.5M | 19.3M | 34.7M | 36.4M | |
Income Before Tax | (37.5M) | 62.2M | 52.0M | 59.9M | 36.4M | 19.2M | |
Total Other Income Expense Net | (39.0M) | 27.5M | (16.8M) | 43.1M | (26.9M) | (25.5M) | |
Net Income | (41.4M) | 55.6M | 45.5M | 55.1M | 36.3M | 38.1M | |
Income Tax Expense | 3.9M | 6.6M | 6.4M | 4.8M | 107K | 101.7K | |
Interest Expense | 8.7M | 10.4M | 6.4M | 1.4M | 7.3M | 5.8M | |
Total Revenue | 59.1M | 112.6M | 150.4M | 151.9M | 204.0M | 119.8M | |
Gross Profit | 12.2M | 50.1M | 83.3M | 87.0M | 102.1M | 58.5M | |
Cost Of Revenue | 47.0M | 62.5M | 67.2M | 64.9M | 101.9M | 61.2M | |
Net Income Applicable To Common Shares | (13.8M) | 55.6M | 45.5M | 55.1M | 63.3M | 66.5M | |
Tax Provision | 3.9M | 6.6M | 6.4M | 4.8M | 107K | 101.7K | |
Net Interest Income | (8.4M) | (9.9M) | (5.7M) | (1.4M) | (4.1M) | (4.3M) | |
Interest Income | 354K | 530K | 750K | 1.9M | 3.2M | 3.4M | |
Net Income From Continuing Ops | (41.4M) | 55.6M | 45.5M | 55.1M | 36.3M | 27.4M | |
Reconciled Depreciation | 42.0M | 53.6M | 54.1M | 50.5M | 65.5M | 55.4M |
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
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.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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.