Taseko Historical Income Statement

TKO Stock  CAD 3.06  0.07  2.34%   
Historical analysis of Taseko Mines income statement accounts such as EBIT of 183.7 M, Ebitda of 246 M, Net Income of 86.9 M or Income Tax Expense of 52.7 M can show how well Taseko Mines performed in making a profits. Evaluating Taseko Mines income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Taseko Mines's future profits or losses.
 
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Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Taseko Mines 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 Taseko Mines 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 Taseko Mines. 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.
To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.

About Taseko Income Statement Analysis

Taseko Mines 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 Taseko Mines shareholders. The income statement also shows Taseko 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).

Taseko Mines Income Statement Chart

At this time, Taseko Mines' Net Income is very stable compared to the past year. As of the 11th of December 2024, Income Tax Expense is likely to grow to about 52.7 M, though Total Other Income Expense Net is likely to grow to (50.7 M).

Total Revenue

Total revenue comprises all receipts Taseko Mines 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Taseko Mines. It is also known as Taseko Mines 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.
Most accounts from Taseko Mines' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Taseko Mines 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 Taseko Mines. 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.
To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.At this time, Taseko Mines' Net Income is very stable compared to the past year. As of the 11th of December 2024, Income Tax Expense is likely to grow to about 52.7 M, though Total Other Income Expense Net is likely to grow to (50.7 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses20.9M15.0M21.1M15.2M
Other Operating Expenses290.4M352.4M338.7M191.8M

Taseko Mines income statement Correlations

0.920.510.470.430.69-0.790.30.350.70.340.670.160.310.68-0.480.57-0.760.52-0.65-0.780.39
0.920.70.660.620.79-0.710.480.570.460.460.590.30.510.59-0.620.69-0.540.68-0.54-0.760.18
0.510.71.00.980.93-0.370.930.97-0.130.29-0.10.110.95-0.11-0.720.95-0.230.97-0.44-0.67-0.21
0.470.661.00.980.91-0.360.940.98-0.170.23-0.150.030.97-0.16-0.730.95-0.220.98-0.42-0.66-0.24
0.430.620.980.980.93-0.230.970.96-0.160.29-0.190.060.98-0.2-0.710.95-0.210.93-0.48-0.67-0.17
0.690.790.930.910.93-0.40.880.850.190.340.080.090.880.07-0.720.95-0.460.88-0.68-0.830.14
-0.79-0.71-0.37-0.36-0.23-0.4-0.06-0.3-0.48-0.09-0.580.08-0.14-0.610.21-0.340.61-0.470.170.51-0.09
0.30.480.930.940.970.88-0.060.93-0.260.19-0.34-0.030.99-0.35-0.720.93-0.120.88-0.5-0.6-0.18
0.350.570.970.980.960.85-0.30.93-0.30.22-0.24-0.040.97-0.25-0.680.9-0.130.95-0.31-0.57-0.35
0.70.46-0.13-0.17-0.160.19-0.48-0.26-0.30.280.80.18-0.280.820.1-0.02-0.71-0.14-0.52-0.40.82
0.340.460.290.230.290.34-0.090.190.220.280.480.690.20.420.050.16-0.150.11-0.23-0.10.06
0.670.59-0.1-0.15-0.190.08-0.58-0.34-0.240.80.480.45-0.321.00.15-0.1-0.47-0.1-0.21-0.240.42
0.160.30.110.030.060.090.08-0.03-0.040.180.690.45-0.040.370.090.020.13-0.05-0.090.080.03
0.310.510.950.970.980.88-0.140.990.97-0.280.2-0.32-0.04-0.33-0.720.93-0.120.91-0.44-0.59-0.24
0.680.59-0.11-0.16-0.20.07-0.61-0.35-0.250.820.421.00.37-0.330.13-0.1-0.5-0.1-0.21-0.270.44
-0.48-0.62-0.72-0.73-0.71-0.720.21-0.72-0.680.10.050.150.09-0.720.13-0.780.19-0.720.520.660.05
0.570.690.950.950.950.95-0.340.930.9-0.020.16-0.10.020.93-0.1-0.78-0.350.94-0.65-0.73-0.07
-0.76-0.54-0.23-0.22-0.21-0.460.61-0.12-0.13-0.71-0.15-0.470.13-0.12-0.50.19-0.35-0.290.60.58-0.44
0.520.680.970.980.930.88-0.470.880.95-0.140.11-0.1-0.050.91-0.1-0.720.94-0.29-0.42-0.67-0.27
-0.65-0.54-0.44-0.42-0.48-0.680.17-0.5-0.31-0.52-0.23-0.21-0.09-0.44-0.210.52-0.650.6-0.420.59-0.47
-0.78-0.76-0.67-0.66-0.67-0.830.51-0.6-0.57-0.4-0.1-0.240.08-0.59-0.270.66-0.730.58-0.670.59-0.4
0.390.18-0.21-0.24-0.170.14-0.09-0.18-0.350.820.060.420.03-0.240.440.05-0.07-0.44-0.27-0.47-0.4
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Taseko Mines Account Relationship Matchups

Taseko Mines income statement Accounts

201920202021202220232024 (projected)
Interest Expense34.6M37.3M38.9M38.4M43.4M45.6M
Total Revenue329.2M343.3M433.3M391.6M525.0M551.2M
Gross Profit(39.1M)23.7M163.8M54.2M207.4M217.7M
Operating Income(63.1M)(1.4M)136.0M32.8M186.2M195.6M
Ebit(51.1M)4.7M135.6M21.8M175.0M183.7M
Ebitda60.2M100.5M202.6M74.1M234.2M246.0M
Total Other Income Expense Net(27.2M)(36.7M)(65.2M)(59.3M)(53.4M)(50.7M)
Net Income(53.4M)(23.5M)36.5M(26.0M)82.7M86.9M
Income Tax Expense(32.3M)(9.1M)34.3M6.8M50.1M52.7M
Depreciation And Amortization111.3M95.9M67.0M52.3M59.3M33.0M
Selling General Administrative16.8M19.7M22.4M15.9M19.4M14.7M
Other Operating Expenses389.3M339.7M290.4M352.4M338.7M191.8M
Total Operating Expenses21.0M20.2M20.9M15.0M21.1M15.2M
Income Before Tax(85.7M)(32.6M)70.8M(19.1M)132.9M139.5M
Cost Of Revenue368.3M319.5M269.5M337.4M317.6M183.2M
Net Income From Continuing Ops(53.4M)(23.5M)36.5M(26.0M)82.7M86.9M
Net Income Applicable To Common Shares(53.4M)(23.5M)36.5M(26.0M)(29.9M)(31.4M)
Tax Provision(32.3M)(9.1M)34.3M6.8M50.1M52.7M
Interest Income18.6M249K38.7M66.4M3.0M2.8M
Net Interest Income(37.5M)(42.2M)(45.8M)(44.8M)(49.9M)(52.4M)
Reconciled Depreciation109.8M95.3M66.6M52.0M56.9M57.0M

Pair Trading with Taseko Mines

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

Moving together with Taseko Stock

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Moving against Taseko Stock

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The ability to find closely correlated positions to Taseko Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taseko Mines 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 Taseko Mines - 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 Taseko Mines to buy it.
The correlation of Taseko Mines 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 Taseko Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taseko Mines 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 Taseko Mines 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 Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. 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.
To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Please note, there is a significant difference between Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' 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.