Volcanic Historical Income Statement

VG Stock  CAD 0.09  0.01  5.56%   
Historical analysis of Volcanic Gold income statement accounts such as Other Operating Expenses of 1.4 M, Total Operating Expenses of 1.4 M, Total Other Income Expense Net of 143.7 K or Selling General Administrative of 267.4 K can show how well Volcanic Gold Mines performed in making a profits. Evaluating Volcanic Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Volcanic Gold's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Volcanic Gold 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 Volcanic Gold 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 Volcanic Gold 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.

About Volcanic Income Statement Analysis

Volcanic Gold 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 Volcanic Gold shareholders. The income statement also shows Volcanic 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).

Volcanic Gold Income Statement Chart

At this time, Volcanic Gold's Total Other Income Expense Net is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 50.5 K in 2024, despite the fact that Operating Income is likely to grow to (2.3 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Volcanic Gold Mines. It is also known as Volcanic Gold 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.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Volcanic Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Volcanic Gold 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 Volcanic Gold 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.
At this time, Volcanic Gold's Total Other Income Expense Net is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 50.5 K in 2024, despite the fact that Operating Income is likely to grow to (2.3 M).
 2021 2022 2023 2024 (projected)
Net Interest Income29.9K94.7K142.1K76.0K
Reconciled Depreciation29.5K44.9K48.1K50.5K

Volcanic Gold income statement Correlations

-0.92-0.911.0-0.890.04-0.890.160.83-0.1-0.9-0.360.32-0.92-0.280.350.280.28-0.06
-0.921.0-0.920.71-0.330.710.21-0.740.061.00.38-0.360.740.14-0.38-0.34-0.340.2
-0.911.0-0.910.69-0.360.690.24-0.710.061.00.41-0.390.720.17-0.41-0.37-0.370.21
1.0-0.92-0.91-0.90.04-0.90.160.83-0.1-0.9-0.360.31-0.93-0.270.340.270.27-0.06
-0.890.710.69-0.90.381.0-0.48-0.780.170.680.31-0.280.950.29-0.3-0.17-0.170.08
0.04-0.33-0.360.040.380.38-0.76-0.080.17-0.37-0.210.20.210.030.210.290.29-0.24
-0.890.710.69-0.91.00.38-0.48-0.780.170.680.31-0.280.950.29-0.3-0.17-0.170.08
0.160.210.240.16-0.48-0.76-0.480.21-0.240.260.02-0.04-0.49-0.32-0.02-0.15-0.150.1
0.83-0.74-0.710.83-0.78-0.08-0.780.21-0.09-0.710.15-0.18-0.78-0.09-0.15-0.17-0.170.17
-0.10.060.06-0.10.170.170.17-0.24-0.090.00.03-0.050.130.150.00.020.02-0.01
-0.91.01.0-0.90.68-0.370.680.26-0.710.00.41-0.390.710.15-0.41-0.37-0.370.21
-0.360.380.41-0.360.31-0.210.310.020.150.030.41-0.990.350.54-1.0-0.91-0.910.68
0.32-0.36-0.390.31-0.280.2-0.28-0.04-0.18-0.05-0.39-0.99-0.31-0.50.990.90.9-0.71
-0.920.740.72-0.930.950.210.95-0.49-0.780.130.710.35-0.310.36-0.35-0.21-0.210.11
-0.280.140.17-0.270.290.030.29-0.32-0.090.150.150.54-0.50.36-0.53-0.4-0.40.29
0.35-0.38-0.410.34-0.30.21-0.3-0.02-0.150.0-0.41-1.00.99-0.35-0.530.910.91-0.72
0.28-0.34-0.370.27-0.170.29-0.17-0.15-0.170.02-0.37-0.910.9-0.21-0.40.911.0-0.64
0.28-0.34-0.370.27-0.170.29-0.17-0.15-0.170.02-0.37-0.910.9-0.21-0.40.911.0-0.64
-0.060.20.21-0.060.08-0.240.080.10.17-0.010.210.68-0.710.110.29-0.72-0.64-0.64
Click cells to compare fundamentals

Volcanic Gold Account Relationship Matchups

Volcanic Gold income statement Accounts

201920202021202220232024 (projected)
Other Operating Expenses240.4K2.3M4.4M2.7M2.4M1.4M
Operating Income(283.1K)(2.3M)(4.3M)(2.7M)(2.4M)(2.3M)
Ebitda(277.9K)(2.3M)(4.3M)(2.6M)(2.4M)(2.3M)
Total Operating Expenses235.3K2.3M4.3M2.7M2.4M1.4M
Income Before Tax(197.8K)(2.3M)(4.4M)(2.7M)(2.3M)(2.4M)
Total Other Income Expense Net42.6K516.0(66.8K)(49.8K)136.8K143.7K
Net Income(197.8K)(2.3M)(4.4M)(2.7M)(2.3M)(2.4M)
Income Tax Expense(42.6K)(10.3K)36.9K(44.9K)(3.0)(2.85)
Selling General Administrative235.3K1.8M1.1M419.9K281.5K267.4K
Depreciation And Amortization5.1K369.029.5K44.9K48.1K41.9K
Ebit(283.1K)(2.3M)(4.3M)(2.7M)(2.4M)(2.3M)
Gross Profit(5.1K)(369.0)(29.5K)(44.9K)(48.1K)(45.7K)
Cost Of Revenue5.1K369.029.5K44.9K48.1K50.5K
Net Income From Continuing Ops(197.8K)(2.3M)(4.4M)(2.7M)(2.3M)(2.4M)
Net Income Applicable To Common Shares(3.3M)(197.8K)(2.3M)(4.4M)(4.0M)(3.8M)
Reconciled Depreciation5.1K369.029.5K44.9K48.1K50.5K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Volcanic Stock Analysis

When running Volcanic Gold's price analysis, check to measure Volcanic Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Volcanic Gold is operating at the current time. Most of Volcanic Gold's value examination focuses on studying past and present price action to predict the probability of Volcanic Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volcanic Gold's price. Additionally, you may evaluate how the addition of Volcanic Gold to your portfolios can decrease your overall portfolio volatility.