TDb Historical Income Statement
| XTD Stock | CAD 1.98 0.01 0.51% |
Historical analysis of TDb Split income statement accounts such as Interest Expense of 0.0, Selling General Administrative of 325.6 K, Other Operating Expenses of 588.6 K or Ebitda of 46.3 K can show how well TDb Split Corp performed in making a profits. Evaluating TDb Split income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TDb Split's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining TDb Split Corp 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 TDb Split Corp is a good buy for the upcoming year.
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About TDb Income Statement Analysis
TDb Split Corp 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 TDb Split shareholders. The income statement also shows TDb 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).
TDb Split Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts TDb Split Corp 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 TDb Split Corp minus its cost of goods sold. It is profit before TDb Split 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.Operating Income
Operating Income is the amount of profit realized from TDb Split Corp 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 TDb Split Corp 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on TDb Split income statement and is an important metric when analyzing TDb Split Corp 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 TDb Split's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TDb Split Corp 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in TDb Split Corp. 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, TDb Split's Selling General Administrative is very stable compared to the past year. As of the 8th of December 2024, Depreciation And Amortization is likely to grow to about 6.7 M, though Total Revenue is likely to grow to (5.1 M).
TDb Split income statement Correlations
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TDb Split Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TDb Split income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Selling General Administrative | 1.1M | 293.7K | 268.9K | 238.5K | 274.3K | 325.6K | |
| Total Revenue | (13.9M) | 18.5M | 1.9M | (4.7M) | (5.4M) | (5.1M) | |
| Gross Profit | (13.9M) | 18.5M | 1.9M | (4.7M) | (5.4M) | (5.1M) | |
| Other Operating Expenses | 1.2M | 400.2K | 370.7K | 685.0K | 616.5K | 588.6K | |
| Operating Income | (15.1M) | 18.1M | 1.6M | (5.4M) | (6.2M) | (5.9M) | |
| Ebit | (15.1M) | 18.1M | 1.6M | (5.5M) | (6.3M) | (6.0M) | |
| Ebitda | (15.1M) | 18.1M | 1.6M | 42.4K | 48.8K | 46.3K | |
| Total Operating Expenses | 1.2M | 400.2K | 370.7K | 685.0K | 787.7K | 470.5K | |
| Net Income | (15.1M) | 18.1M | 1.6M | (9.5M) | (10.9M) | (10.4M) | |
| Income Tax Expense | (17.7M) | 14.8M | (1.9M) | 90.3K | 81.2K | 77.2K | |
| Depreciation And Amortization | 14.2M | (18.1M) | (1.6M) | 5.5M | 6.4M | 6.7M | |
| Income Before Tax | (15.1M) | 18.1M | 1.6M | (9.4M) | (8.5M) | (8.1M) | |
| Total Other Income Expense Net | (3.5M) | (3.3M) | (3.4M) | (4.1M) | (3.7M) | (3.5M) | |
| Net Income From Continuing Ops | (15.1M) | 18.1M | 1.6M | (5.6M) | (5.0M) | (4.8M) | |
| Cost Of Revenue | 484.8K | 660.8K | 677.2K | 633.1K | 728.0K | 764.5K | |
| Net Income Applicable To Common Shares | 1.7M | (17.7M) | 14.8M | (1.9M) | (1.7M) | (1.6M) | |
| Net Interest Income | 31.7K | 0.0 | 84.9K | 611.9K | 703.6K | 738.8K | |
| Interest Income | 31.7K | 0.0 | 84.9K | 611.9K | 703.6K | 738.8K | |
| Research Development | 59.61 | 7.45 | 0.37 | 1.38 | 1.24 | 1.18 |
Pair Trading with TDb Split
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 TDb Split 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 TDb Split will appreciate offsetting losses from the drop in the long position's value.Moving against TDb Stock
| 0.61 | JPM | JPMorgan Chase | PairCorr |
| 0.59 | BOFA | Bank of America | PairCorr |
| 0.5 | WMT | Walmart Inc CDR | PairCorr |
| 0.45 | AMZN | Amazon CDR | PairCorr |
| 0.36 | CHEV | CHEVRON CDR | PairCorr |
The ability to find closely correlated positions to TDb Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TDb Split 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 TDb Split - 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 TDb Split Corp to buy it.
The correlation of TDb Split 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 TDb Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TDb Split Corp 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 TDb Split 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.Other Information on Investing in TDb Stock
TDb Split Corp 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 TDb Split shareholders. The income statement also shows TDb 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).