Hammond Historical Income Statement

HPS-A Stock  CAD 79.45  1.96  2.41%   
Historical analysis of Hammond Power income statement accounts such as Gross Profit of 271.2 M or Other Operating Expenses of 752.7 M can show how well Hammond Power Solutions performed in making a profits. Evaluating Hammond Power income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hammond Power's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hammond Power Solutions 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 Hammond Power Solutions is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hammond Power Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Hammond Income Statement Analysis

Hammond Power Solutions 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 Hammond Power shareholders. The income statement also shows Hammond 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).

Hammond Power Income Statement Chart

At this time, Hammond Power's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 101.8 M in 2025, whereas Discontinued Operations is likely to drop (1.6 M) in 2025.

Total Revenue

Total revenue comprises all receipts Hammond Power Solutions 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 Hammond Power Solutions minus its cost of goods sold. It is profit before Hammond Power 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 Hammond Power Solutions. It is also known as Hammond Power 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 Hammond Power Solutions 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 Hammond Power Solutions 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.
Most accounts from Hammond Power's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hammond Power Solutions 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hammond Power Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Hammond Power's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 101.8 M in 2025, whereas Discontinued Operations is likely to drop (1.6 M) in 2025.
 2022 2023 2024 2025 (projected)
Total Revenue558.5M710.1M788.3M827.8M
Depreciation And Amortization11.0M10.7M12.3M12.9M

Hammond Power income statement Correlations

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Click cells to compare fundamentals

Hammond Power Account Relationship Matchups

Hammond Power income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization7.3M7.6M11.0M10.7M12.3M12.9M
Total Revenue322.1M380.2M558.5M710.1M788.3M827.8M
Gross Profit87.0M102.4M165.2M231.0M258.3M271.2M
Other Operating Expenses300.1M357.1M499.0M623.3M716.8M752.7M
Operating Income22.0M23.2M59.4M86.7M98.8M103.7M
Ebit22.1M22.5M58.8M85.3M98.1M103.0M
Ebitda29.3M30.1M69.7M96.0M110.4M115.9M
Cost Of Revenue235.1M277.8M393.3M479.1M530.1M556.6M
Total Operating Expenses65.0M79.3M105.7M144.3M689.6M724.1M
Income Before Tax21.0M21.3M57.2M84.0M96.9M101.8M
Total Other Income Expense Net(1.1M)(1.9M)(2.3M)(2.7M)(592K)(621.6K)
Net Income14.1M15.2M44.8M63.4M71.5M75.1M
Income Tax Expense6.9M6.1M12.3M20.6M23.7M24.9M
Interest Expense1.2M1.3M1.6M1.3M1.2M996.2K
Selling General Administrative24.7M32.8M43.5M68.0M159.5M167.5M
Selling And Marketing Expenses40.2M46.5M62.3M76.3M87.7M92.1M
Research Development704K945K425K566K509.4K822K
Net Income From Continuing Ops14.1M15.2M44.8M63.4M71.5M75.1M
Net Income Applicable To Common Shares11.6M14.1M15.2M44.8M51.6M54.1M
Tax Provision6.9M6.1M12.3M20.6M25.4M26.7M
Net Interest Income(1.2M)(1.3M)(1.6M)(1.4M)(1.2M)(1.3M)
Reconciled Depreciation7.3M7.6M11.0M10.7M14.7M9.7M

Pair Trading with Hammond Power

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 Hammond Power 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 Hammond Power will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hammond Stock

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Moving against Hammond Stock

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The ability to find closely correlated positions to Hammond Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hammond Power 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 Hammond Power - 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 Hammond Power Solutions to buy it.
The correlation of Hammond Power 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 Hammond Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hammond Power Solutions 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 Hammond Power 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.
Pair CorrelationCorrelation Matching

Additional Tools for Hammond Stock Analysis

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