Twin Historical Income Statement
| TWIN Stock | USD 12.40 0.15 1.22% |
Historical analysis of Twin Disc income statement accounts such as Other Operating Expenses of 224.6 M, Operating Income of 11.4 M, EBIT of 12.5 M or Ebitda of 20.5 M can show how well Twin Disc Incorporated performed in making a profits. Evaluating Twin Disc income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Twin Disc's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Twin Disc 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 Twin Disc is a good buy for the upcoming year.
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About Twin Income Statement Analysis
Twin Disc 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 Twin Disc shareholders. The income statement also shows Twin 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).
Twin Disc Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Twin Disc 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 Twin Disc Incorporated minus its cost of goods sold. It is profit before Twin Disc 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 Twin Disc. It is also known as Twin Disc 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.Operating Income
Operating Income is the amount of profit realized from Twin Disc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Twin Disc Incorporated is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Twin Disc income statement and represents the costs associated with goods and services Twin Disc provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Twin Disc's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Twin Disc 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 Twin Disc Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Twin Disc's Net Income From Continuing Ops is very stable compared to the past year. As of the 4th of December 2024, Tax Provision is likely to grow to about 4.3 M, while Depreciation And Amortization is likely to drop about 8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 68.8M | 74.3M | 83.3M | 64.6M | Total Revenue | 242.9M | 277.0M | 295.1M | 237.3M |
Twin Disc income statement Correlations
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Twin Disc Account Relationship Matchups
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Twin Disc income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 11.9M | 11.2M | 9.5M | 9.4M | 10.0M | 8.0M | |
| Interest Expense | 1.9M | 2.4M | 2.1M | 2.3M | 1.4M | 723.1K | |
| Total Revenue | 246.8M | 218.6M | 242.9M | 277.0M | 295.1M | 237.3M | |
| Gross Profit | 55.7M | 50.9M | 68.8M | 74.3M | 83.3M | 64.6M | |
| Other Operating Expenses | 254.3M | 223.5M | 230.9M | 260.7M | 283.4M | 224.6M | |
| Operating Income | (9.1M) | (8.3M) | 11.0M | 16.1M | 11.5M | 11.4M | |
| Ebit | (9.1M) | (7.1M) | 11.8M | 12.9M | 17.1M | 12.5M | |
| Ebitda | 2.8M | 4.2M | 21.3M | 22.2M | 27.1M | 20.5M | |
| Cost Of Revenue | 191.1M | 167.7M | 174.1M | 202.6M | 211.8M | 172.6M | |
| Total Operating Expenses | 63.2M | 55.8M | 56.8M | 58.1M | 71.6M | 52.0M | |
| Income Before Tax | (43.7M) | (9.8M) | 10.2M | 14.5M | 15.4M | 16.1M | |
| Total Other Income Expense Net | (34.6M) | 2.4M | 1.6M | (1.6M) | 3.9M | 4.1M | |
| Net Income | (39.6M) | (20.7M) | 8.1M | 10.4M | 11.0M | 11.5M | |
| Income Tax Expense | (4.2M) | 10.9M | 1.8M | 3.8M | 4.1M | 4.2M | |
| Selling General Administrative | 63.2M | 55.8M | 60.1M | 62.2M | 71.6M | 57.4M | |
| Research Development | 1.8M | 1.9M | 1.6M | 2.5M | 11.1M | 11.7M | |
| Net Income Applicable To Common Shares | (39.8M) | (20.9M) | 8.1M | 10.4M | 9.3M | 9.8M | |
| Minority Interest | 569K | 450K | (311K) | (297K) | (258K) | (245.1K) | |
| Net Income From Continuing Ops | (39.6M) | (20.7M) | 8.4M | 10.7M | 11.2M | 11.8M | |
| Non Recurring | 1.2M | 32.7M | 7.4M | 973K | 1.1M | 1.1M | |
| Tax Provision | (4.2M) | 10.9M | 1.8M | 3.8M | 4.1M | 4.3M | |
| Preferred Stock And Other Adjustments | 4.1M | 1.7M | (12.1M) | 263K | 236.7K | 248.5K | |
| Net Interest Income | (1.8M) | (2.4M) | (2.1M) | (2.3M) | (1.4M) | (1.5M) | |
| Reconciled Depreciation | 11.9M | 11.2M | 9.5M | 9.4M | 10.0M | 10.3M |
Pair Trading with Twin Disc
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 Twin Disc 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 Twin Disc will appreciate offsetting losses from the drop in the long position's value.Moving against Twin Stock
The ability to find closely correlated positions to Twin Disc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Twin Disc 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 Twin Disc - 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 Twin Disc Incorporated to buy it.
The correlation of Twin Disc 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 Twin Disc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Twin Disc 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 Twin Disc 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 Twin Disc Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Construction Machinery & Heavy Transportation Equipment 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 Twin Disc. If investors know Twin 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 Twin Disc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.074 | Dividend Share 0.16 | Earnings Share 0.68 | Revenue Per Share 22.15 | Quarterly Revenue Growth 0.147 |
The market value of Twin Disc is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Disc's value that differs from its market value or its book value, called intrinsic value, which is Twin Disc'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 Twin Disc's market value can be influenced by many factors that don't directly affect Twin Disc'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 Twin Disc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Disc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Disc'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.