TOYO Historical Income Statement
| TOYO Stock | 3.40 0.09 2.72% |
Historical analysis of TOYO Co, income statement accounts such as Income Before Tax of 10.4 M, Net Income of 10.4 M, Depreciation And Amortization of 1.4 M or Selling General Administrative of 3.2 M can show how well TOYO Co, Ltd performed in making a profits. Evaluating TOYO Co, income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TOYO Co,'s future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining TOYO Co, 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 TOYO Co, is a good buy for the upcoming year.
TOYO |
About TOYO Income Statement Analysis
TOYO Co, 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 TOYO Co, shareholders. The income statement also shows TOYO 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).
TOYO Co, Income Statement Chart
Add Fundamental
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.Total Revenue
Total revenue comprises all receipts TOYO Co, 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.Most accounts from TOYO Co,'s income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TOYO Co, 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 TOYO Co, Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
| 2010 | 2023 | 2024 (projected) | Total Revenue | 62.4M | 56.1M | 49.9M | Interest Expense | 3.3M | 2.9M | 2.6M |
TOYO Co, income statement Correlations
Click cells to compare fundamentals
TOYO Co, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with TOYO Co,
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 TOYO Co, 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 TOYO Co, will appreciate offsetting losses from the drop in the long position's value.Moving together with TOYO Stock
Moving against TOYO Stock
| 0.43 | MKDWW | MKDWELL Tech Warrants | PairCorr |
| 0.37 | BW | Babcock Wilcox Enter | PairCorr |
| 0.34 | AOS | Smith AO | PairCorr |
The ability to find closely correlated positions to TOYO Co, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TOYO Co, 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 TOYO Co, - 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 TOYO Co, Ltd to buy it.
The correlation of TOYO Co, 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 TOYO Co, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TOYO Co, 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 TOYO Co, 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 TOYO Co, Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Specialty Industrial Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TOYO Co,. If investors know TOYO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TOYO Co, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.71 | Revenue Per Share 1.521 | Return On Assets 0.0601 | Return On Equity 0.3055 |
The market value of TOYO Co, is measured differently than its book value, which is the value of TOYO that is recorded on the company's balance sheet. Investors also form their own opinion of TOYO Co,'s value that differs from its market value or its book value, called intrinsic value, which is TOYO Co,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TOYO Co,'s market value can be influenced by many factors that don't directly affect TOYO Co,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TOYO Co,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if TOYO Co, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TOYO Co,'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.