Serabi Historical Income Statement

SBI Stock  CAD 1.78  0.19  11.95%   
Historical analysis of Serabi Gold income statement accounts such as Operating Income of 7.9 M, Ebit of 9.4 M, EBITDA of 15.9 M or Cost Of Revenue of 29.1 M can show how well Serabi Gold PLC performed in making a profits. Evaluating Serabi Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Serabi Gold's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Serabi Gold PLC 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 Serabi Gold PLC is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Serabi Gold PLC. 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 Serabi Income Statement Analysis

Serabi Gold PLC 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 Serabi Gold shareholders. The income statement also shows Serabi 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).

Serabi Gold Income Statement Chart

At this time, Serabi Gold's Income Before Tax is very stable compared to the past year. As of the 2nd of December 2024, Net Income is likely to grow to about 6.9 M, while Gross Profit is likely to drop about 8 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Serabi Gold PLC. It is also known as Serabi 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 Serabi Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Serabi Gold PLC 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Serabi Gold PLC. 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, Serabi Gold's Income Before Tax is very stable compared to the past year. As of the 2nd of December 2024, Net Income is likely to grow to about 6.9 M, while Gross Profit is likely to drop about 8 M.

Serabi Gold income statement Correlations

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0.460.840.990.830.820.950.940.680.750.740.320.77-0.30.910.810.270.250.15-0.72
0.210.840.760.950.940.930.780.590.890.880.40.54-0.230.80.910.420.280.26-0.75
0.520.990.760.730.720.90.960.710.640.630.280.83-0.330.910.730.210.240.1-0.67
0.130.830.950.730.990.940.690.410.970.970.440.42-0.090.710.960.410.230.31-0.77
0.080.820.940.720.990.930.670.410.980.980.430.37-0.040.690.960.410.190.37-0.79
0.250.950.930.90.940.930.860.580.880.870.370.69-0.230.850.910.330.310.3-0.71
0.560.940.780.960.690.670.860.690.580.570.240.88-0.440.950.670.20.30.01-0.58
0.40.680.590.710.410.410.580.690.350.310.30.65-0.250.730.530.230.190.12-0.52
-0.010.750.890.640.970.980.880.580.350.980.570.290.150.640.950.520.050.45-0.77
-0.030.740.880.630.970.980.870.570.310.980.420.280.070.620.960.350.180.41-0.72
0.010.320.40.280.440.430.370.240.30.570.420.090.550.370.440.94-0.560.4-0.52
0.470.770.540.830.420.370.690.880.650.290.280.09-0.530.790.40.040.430.01-0.21
-0.59-0.3-0.23-0.33-0.09-0.04-0.23-0.44-0.250.150.070.55-0.53-0.250.010.48-0.730.58-0.04
0.430.910.80.910.710.690.850.950.730.640.620.370.79-0.250.720.310.240.15-0.66
0.070.810.910.730.960.960.910.670.530.950.960.440.40.010.720.350.210.39-0.74
-0.020.270.420.210.410.410.330.20.230.520.350.940.040.480.310.35-0.580.39-0.51
0.040.250.280.240.230.190.310.30.190.050.18-0.560.43-0.730.240.21-0.58-0.070.11
-0.750.150.260.10.310.370.30.010.120.450.410.40.010.580.150.390.39-0.07-0.14
-0.35-0.72-0.75-0.67-0.77-0.79-0.71-0.58-0.52-0.77-0.72-0.52-0.21-0.04-0.66-0.74-0.510.11-0.14
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Serabi Gold Account Relationship Matchups

Serabi Gold income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.9M1.6M71.4K3.4M739.2K864.4K
Total Revenue59.9M55.8M63.1M58.7M63.7M66.9M
Gross Profit13.7M16.5M19.3M7.9M14.1M8.0M
Other Operating Expenses51.8M45.7M49.9M56.5M56.2M59.0M
Operating Income8.4M10.4M13.1M2.2M7.5M7.9M
Ebit7.2M10.0M13.7M2.1M8.9M9.4M
Ebitda16.2M15.1M19.7M8.7M15.1M15.9M
Cost Of Revenue46.2M39.3M43.8M50.8M49.7M29.1M
Total Operating Expenses5.5M6.4M6.1M5.7M6.5M5.4M
Income Before Tax6.2M8.5M13.4M(776.3K)8.2M8.6M
Net Income3.8M7.0M9.9M(983.0K)6.6M6.9M
Income Tax Expense2.4M1.5M3.4M206.7K1.6M1.7M
Depreciation And Amortization9.0M5.1M6.0M6.6M6.2M4.4M
Total Other Income Expense Net(2.2M)(1.9M)282.6K(3.0M)623.2K654.4K
Selling General Administrative5.3M5.9M5.8M5.4M6.5M4.7M
Net Income From Continuing Ops3.8M7.0M9.9M(983.0K)6.6M6.9M
Net Income Applicable To Common Shares(5.8M)3.8M7.0M9.9M11.4M12.0M
Tax Provision2.4M1.5M3.4M206.7K1.6M1.0M
Interest Income965.1K1.7M417.4K126.4K313.1K297.5K
Net Interest Income(1.9M)(1.8M)364.5K(3.3M)(426.1K)(447.4K)
Reconciled Depreciation9.0M5.1M6.0M6.6M6.2M6.0M

Pair Trading with Serabi 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 Serabi 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 Serabi Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Serabi Stock

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Moving against Serabi Stock

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The ability to find closely correlated positions to Serabi 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 Serabi 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 Serabi 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 Serabi Gold PLC to buy it.
The correlation of Serabi 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 Serabi Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Serabi Gold PLC 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 Serabi 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 Serabi Stock

Serabi Gold PLC 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 Serabi Gold shareholders. The income statement also shows Serabi 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).