Arctic Historical Income Statement

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Historical analysis of Arctic Star income statement accounts such as Total Operating Expenses of 1.5 M, Depreciation And Amortization of 515 or Interest Expense of 2.8 K can show how well Arctic Star Exploration performed in making a profits. Evaluating Arctic Star income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Arctic Star's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Arctic Star Exploration 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 Arctic Star Exploration is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arctic Star Exploration. 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 Arctic Income Statement Analysis

Arctic Star Exploration 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 Arctic Star shareholders. The income statement also shows Arctic 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).

Arctic Star Income Statement Chart

At this time, Arctic Star's Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 1.5 M in 2024, whereas EBITDA is likely to drop (1.2 M) in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Arctic Star Exploration. It is also known as Arctic Star 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.

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.
Most accounts from Arctic Star's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Arctic Star Exploration 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arctic Star Exploration. 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, Arctic Star's Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 1.5 M in 2024, whereas EBITDA is likely to drop (1.2 M) in 2024.
 2021 2023 2024 (projected)
Reconciled Depreciation807.0542.0514.9
Minority Interest176.9K159.2K174.9K

Arctic Star income statement Correlations

-0.58-0.881.00.170.18-0.21-0.84-0.240.140.330.910.57-0.12-0.650.120.59-0.64-0.56-0.21-0.34-0.32
-0.580.56-0.58-0.01-0.080.330.550.220.0-0.1-0.53-0.520.020.46-0.02-0.640.660.630.290.440.35
-0.880.56-0.88-0.110.080.290.990.08-0.09-0.24-0.84-0.6-0.220.350.22-0.510.580.490.330.380.44
1.0-0.58-0.880.170.18-0.21-0.84-0.240.140.330.910.57-0.12-0.650.120.58-0.64-0.56-0.21-0.34-0.32
0.17-0.01-0.110.170.76-0.63-0.13-0.931.00.990.290.12-0.140.020.140.24-0.2-0.24-0.17-0.22-0.15
0.18-0.080.080.180.76-0.470.07-0.80.770.760.290.01-0.2-0.370.20.29-0.26-0.30.07-0.120.11
-0.210.330.29-0.21-0.63-0.470.320.51-0.63-0.63-0.29-0.43-0.24-0.010.24-0.670.60.690.580.710.56
-0.840.550.99-0.84-0.130.070.320.09-0.12-0.26-0.85-0.61-0.260.360.26-0.490.560.470.320.360.43
-0.240.220.08-0.24-0.93-0.80.510.09-0.92-0.93-0.33-0.080.340.15-0.34-0.250.210.240.050.120.04
0.140.0-0.090.141.00.77-0.63-0.12-0.920.980.280.11-0.120.010.120.22-0.18-0.22-0.16-0.2-0.14
0.33-0.1-0.240.330.990.76-0.63-0.26-0.930.980.410.2-0.16-0.090.160.32-0.29-0.32-0.2-0.27-0.2
0.91-0.53-0.840.910.290.29-0.29-0.85-0.330.280.410.49-0.08-0.690.080.52-0.56-0.48-0.09-0.22-0.22
0.57-0.52-0.60.570.120.01-0.43-0.61-0.080.110.20.490.14-0.39-0.140.5-0.66-0.49-0.61-0.6-0.73
-0.120.02-0.22-0.12-0.14-0.2-0.24-0.260.34-0.12-0.16-0.080.140.39-1.00.0-0.01-0.03-0.32-0.25-0.32
-0.650.460.35-0.650.02-0.37-0.010.360.150.01-0.09-0.69-0.390.39-0.39-0.420.460.39-0.060.10.03
0.12-0.020.220.120.140.20.240.26-0.340.120.160.08-0.14-1.0-0.39-0.010.010.030.320.250.32
0.59-0.64-0.510.580.240.29-0.67-0.49-0.250.220.320.520.50.0-0.42-0.01-0.82-0.99-0.65-0.84-0.6
-0.640.660.58-0.64-0.2-0.260.60.560.21-0.18-0.29-0.56-0.66-0.010.460.01-0.820.880.440.750.5
-0.560.630.49-0.56-0.24-0.30.690.470.24-0.22-0.32-0.48-0.49-0.030.390.03-0.990.880.630.870.59
-0.210.290.33-0.21-0.170.070.580.320.05-0.16-0.2-0.09-0.61-0.32-0.060.32-0.650.440.630.890.96
-0.340.440.38-0.34-0.22-0.120.710.360.12-0.2-0.27-0.22-0.6-0.250.10.25-0.840.750.870.890.87
-0.320.350.44-0.32-0.150.110.560.430.04-0.14-0.2-0.22-0.73-0.320.030.32-0.60.50.590.960.87
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Arctic Star Account Relationship Matchups

Arctic Star income statement Accounts

201920202021202220232024 (projected)
Other Operating Expenses2.1M1.2M2.3M2.4M1.2M1.5M
Operating Income(2.1M)(1.2M)(2.3M)(2.4M)(1.2M)(1.2M)
Ebitda(2.1M)(897.7K)(2.9M)(2.4M)(1.2M)(1.2M)
Total Operating Expenses2.1M1.2M2.3M2.4M1.2M1.5M
Net Income(2.0M)(1.4M)(2.0M)(2.4M)(1.6M)(1.7M)
Income Tax Expense(39.4K)253.8K(487.1K)4.0K(2.0)(2.1)
Depreciation And Amortization4.3K1.5K807.0444.0542.0514.9
Ebit(2.1M)(899.2K)(2.9M)(2.4M)(1.2M)(1.2M)
Interest Expense2.4K2.2K2.6K3.6K3.3K2.8K
Income Before Tax(2.1M)(1.4M)(1.9M)(2.4M)(1.6M)(1.7M)
Total Other Income Expense Net3.1K(260.8K)384.8K12.2K(425.5K)(446.8K)
Selling General Administrative2.0M1.1M2.2M2.0M1.0M1.6M
Selling And Marketing Expenses26.8K11.6K148.9K363.4K68.1K55.2K
Gross Profit(4.3K)(3.5K)(807.0)(444.0)(542.0)(569.1)
Net Income From Continuing Ops(2.1M)(1.4M)(1.9M)(2.4M)(1.6M)(1.7M)
Cost Of Revenue4.3K3.5K807.0444.0542.0514.9
Net Income Applicable To Common Shares(3.0M)(2.0M)(1.4M)(2.0M)(1.8M)(1.9M)
Net Interest Income(2.4K)(2.2K)(2.6K)(3.4K)8.08.4
Interest Income4.03.00.0251.08.07.6
Reconciled Depreciation4.3K3.5K807.0444.0542.0514.9

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When running Arctic Star's price analysis, check to measure Arctic Star'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 Arctic Star is operating at the current time. Most of Arctic Star's value examination focuses on studying past and present price action to predict the probability of Arctic Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arctic Star's price. Additionally, you may evaluate how the addition of Arctic Star to your portfolios can decrease your overall portfolio volatility.