Lassonde Historical Income Statement

LAS-A Stock  CAD 179.73  1.23  0.69%   
Historical analysis of Lassonde Industries income statement accounts such as Other Operating Expenses of 2.3 B can show how well Lassonde Industries performed in making a profits. Evaluating Lassonde Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lassonde Industries's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Lassonde Industries 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 Lassonde Industries is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lassonde Industries. 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 Lassonde Income Statement Analysis

Lassonde Industries 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 Lassonde Industries shareholders. The income statement also shows Lassonde 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).

Lassonde Industries Income Statement Chart

At this time, Lassonde Industries' Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 127.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 373.2 M in 2024.

Total Revenue

Total revenue comprises all receipts Lassonde Industries 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 Lassonde Industries minus its cost of goods sold. It is profit before Lassonde Industries 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 Lassonde Industries. It is also known as Lassonde Industries 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 Lassonde Industries 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 Lassonde Industries 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 Lassonde Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lassonde Industries 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lassonde Industries. 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, Lassonde Industries' Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 127.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 373.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue1.9B2.2B2.3B2.4B
Depreciation And Amortization59.5M59.5M63.3M66.4M

Lassonde Industries income statement Correlations

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Click cells to compare fundamentals

Lassonde Industries Account Relationship Matchups

Lassonde Industries income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization57.0M65.2M59.5M59.5M63.3M66.4M
Total Revenue1.7B2.0B1.9B2.2B2.3B2.4B
Gross Profit451.6M559.8M521.9M523.3M587.7M617.1M
Other Operating Expenses1.6B1.8B1.8B2.1B2.2B2.3B
Operating Income100.8M151.9M118.4M81.3M135.4M142.2M
Ebit119.8M152.5M117.6M81.6M137.0M143.8M
Ebitda176.7M217.7M177.1M141.1M200.2M210.3M
Cost Of Revenue1.2B1.4B1.4B1.6B1.7B1.8B
Total Operating Expenses350.9M407.8M403.6M442.0M452.3M474.9M
Income Before Tax100.5M134.6M106.0M70.6M121.5M127.6M
Total Other Income Expense Net(338K)(17.3M)(12.3M)(10.7M)(13.9M)(13.2M)
Net Income72.0M97.8M77.5M53.9M87.5M91.9M
Income Tax Expense25.5M32.7M27.6M17.3M33.2M34.9M
Interest Expense17.0M14.2M9.0M8.8M16.0M14.1M
Selling General Administrative350.9M407.8M403.6M442.0M452.3M373.2M
Net Income From Continuing Ops74.9M101.9M78.5M53.3M88.3M78.6M
Net Income Applicable To Common Shares66.4M72.0M97.8M77.5M89.1M75.6M
Minority Interest54.1M56.1M(941K)604K(728K)(691.6K)
Tax Provision25.5M32.7M27.6M17.3M33.2M21.6M
Net Interest Income(19.5M)(17.3M)(11.1M)(10.4M)(16.8M)(17.6M)
Reconciled Depreciation57.0M65.2M59.5M59.5M63.3M62.6M

Pair Trading with Lassonde Industries

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 Lassonde Industries 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 Lassonde Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lassonde Stock

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

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