Liberty Historical Income Statement

LGD Stock  CAD 0.30  0.01  3.45%   
Historical analysis of Liberty Gold income statement accounts such as Other Operating Expenses of 12.5 M can show how well Liberty Gold Corp performed in making a profits. Evaluating Liberty Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Liberty Gold's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Liberty Gold 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 Liberty Gold Corp 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 Liberty Gold 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.

About Liberty Income Statement Analysis

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

Liberty Gold Income Statement Chart

At this time, Liberty Gold's Depreciation And Amortization is very stable compared to the past year. As of the 1st of December 2024, Interest Expense is likely to grow to about 18.8 M, while Selling General Administrative is likely to drop about 1.5 M.

Other Operating Expenses

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

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 Liberty Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Liberty Gold 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Gold 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, Liberty Gold's Depreciation And Amortization is very stable compared to the past year. As of the 1st of December 2024, Interest Expense is likely to grow to about 18.8 M, while Selling General Administrative is likely to drop about 1.5 M.
 2021 2022 2023 2024 (projected)
Tax Provision805.9K59.4K422.8K322.6K
Minority Interest546.2K227.3K616.3K585.4K

Liberty Gold income statement Correlations

0.43-0.410.38-0.43-0.37-0.340.39-0.47-0.03-0.45-0.09-0.03-0.22-0.460.23-0.87-0.49-0.160.150.60.58
0.43-0.170.41-0.43-0.78-0.770.410.240.870.25-0.150.12-0.290.140.29-0.38-0.13-0.370.060.570.54
-0.41-0.170.23-0.11-0.13-0.150.23-0.110.06-0.120.080.51-0.690.10.680.41-0.060.060.13-0.05-0.04
0.380.410.23-0.75-0.86-0.861.0-0.680.24-0.67-0.110.39-0.64-0.670.64-0.27-0.4-0.190.650.890.88
-0.43-0.43-0.11-0.750.70.7-0.750.52-0.220.52-0.1-0.190.340.57-0.340.360.30.03-0.56-0.78-0.62
-0.37-0.78-0.13-0.860.71.0-0.860.28-0.650.280.18-0.320.590.33-0.60.280.30.32-0.5-0.84-0.84
-0.34-0.77-0.15-0.860.71.0-0.860.27-0.660.270.18-0.330.590.32-0.60.250.290.32-0.5-0.82-0.83
0.390.410.231.0-0.75-0.86-0.86-0.680.23-0.68-0.110.39-0.64-0.680.64-0.27-0.4-0.190.650.890.88
-0.470.24-0.11-0.680.520.280.27-0.680.531.0-0.07-0.280.390.94-0.390.350.42-0.11-0.64-0.58-0.56
-0.030.870.060.24-0.22-0.65-0.660.230.530.53-0.230.07-0.230.450.230.030.08-0.4-0.10.280.31
-0.450.25-0.12-0.670.520.280.27-0.681.00.53-0.08-0.270.40.94-0.40.350.42-0.12-0.65-0.58-0.56
-0.09-0.150.08-0.11-0.10.180.18-0.11-0.07-0.23-0.080.230.09-0.19-0.090.0-0.030.40.09-0.06-0.16
-0.030.120.510.39-0.19-0.32-0.330.39-0.280.07-0.270.23-0.46-0.260.460.030.16-0.060.130.160.18
-0.22-0.29-0.69-0.640.340.590.59-0.640.39-0.230.40.09-0.460.21-1.00.130.410.14-0.41-0.51-0.58
-0.460.140.1-0.670.570.330.32-0.680.940.450.94-0.19-0.260.21-0.220.380.29-0.08-0.66-0.63-0.62
0.230.290.680.64-0.34-0.6-0.60.64-0.390.23-0.4-0.090.46-1.0-0.22-0.14-0.41-0.140.410.510.58
-0.87-0.380.41-0.270.360.280.25-0.270.350.030.350.00.030.130.38-0.140.2-0.06-0.17-0.52-0.49
-0.49-0.13-0.06-0.40.30.30.29-0.40.420.080.42-0.030.160.410.29-0.410.2-0.01-0.31-0.45-0.42
-0.16-0.370.06-0.190.030.320.32-0.19-0.11-0.4-0.120.4-0.060.14-0.08-0.14-0.06-0.010.29-0.07-0.33
0.150.060.130.65-0.56-0.5-0.50.65-0.64-0.1-0.650.090.13-0.41-0.660.41-0.17-0.310.290.690.54
0.60.57-0.050.89-0.78-0.84-0.820.89-0.580.28-0.58-0.060.16-0.51-0.630.51-0.52-0.45-0.070.690.9
0.580.54-0.040.88-0.62-0.84-0.830.88-0.560.31-0.56-0.160.18-0.58-0.620.58-0.49-0.42-0.330.540.9
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Liberty Gold Account Relationship Matchups

Liberty Gold income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization262.9K271.2K360.0K539.4K1.4M1.5M
Interest Expense13.7K46.1M6.6K15.6M17.9M18.8M
Selling General Administrative4.1M4.8M6.4M7.2M1.6M1.5M
Other Operating Expenses11.6M15.7M25.7M29.2M20.9M12.5M
Operating Income11.6M(15.7M)(25.7M)(29.2M)(20.0M)(19.0M)
Ebit(11.4M)(38.3M)(25.9M)(36.6M)(20.0M)(21.0M)
Ebitda(11.1M)(38.1M)(25.5M)(36.1M)(18.6M)(19.5M)
Total Operating Expenses11.4M15.4M25.3M28.9M20.9M12.3M
Income Before Tax(11.8M)7.3M(29.5M)(21.3M)(20.4M)(19.4M)
Total Other Income Expense Net(572.5K)22.6M(4.2M)7.5M(371.3K)(352.7K)
Net Income(12.0M)7.5M(30.3M)(21.3M)(20.2M)(19.2M)
Income Tax Expense219.6K260.2K805.9K59.4K422.8K480.4K
Gross Profit(259.9K)(268.8K)(337.1K)(353.3K)(195.5K)(205.2K)
Net Income From Continuing Ops(12.0M)7.0M(30.3M)(21.3M)(20.8M)(19.8M)
Cost Of Revenue259.9K268.8K337.1K353.3K195.5K212.8K
Net Income Applicable To Common Shares(11.6M)7.5M(29.7M)(21.1M)(19.0M)(18.0M)
Selling And Marketing Expenses336.0K343.9K308.7K339.1K17.2K16.3K
Minority Interest8.5M8.1M546.2K227.3K616.3K585.4K
Tax Provision219.6K260.2K805.9K59.4K422.8K322.6K
Interest Income283.1K715.3K4.3M1.2M513.1K1.0M
Net Interest Income62.5K352.9K552.6K500.4K513.1K297.8K
Reconciled Depreciation262.9K271.2K360.0K539.4K364.6K300.5K

Pair Trading with Liberty Gold

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 Liberty Gold 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 Liberty Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Liberty Stock

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Moving against Liberty Stock

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

Other Information on Investing in Liberty Stock

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