SIR Historical Income Statement

SRV-UN Stock

CAD 12.55 0.20 1.57%

Historical analysis of SIR Royalty income statement accounts such as Operating Income of 8.2 M, Ebitda of 14.1 M, Total Operating Expenses of 28.2 M or Income Before Tax of 10.5 M can show how well SIR Royalty Income performed in making a profits. Evaluating SIR Royalty income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SIR Royalty's future profits or losses.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining SIR Royalty Income 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 SIR Royalty Income is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SIR Royalty Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About SIR Income Statement Analysis

SIR Royalty Income 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 SIR Royalty shareholders. The income statement also shows SIR 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).

SIR Royalty Income Statement Chart

At present, SIR Royalty's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 28.2 M, whereas Selling General Administrative is forecasted to decline to about 502.7 K.

Selling General Administrative Other Operating Expenses Total Operating Expenses Income Tax Expense

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SIR Royalty Income. It is also known as SIR Royalty 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 SIR Royalty's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SIR Royalty Income 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 SIR Royalty Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

	2024	2025 (projected)
Research Development	0.77	0.69
Interest Income	16.4M	17.2M

Research Development Interest Income

SIR Royalty income statement Correlations

	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Ebit	Depreciation And Amortization	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Research Development
Selling General Administrative		0.26	0.32	0.47	0.21	0.24	0.47	0.25	0.37	0.24	0.48	0.25	0.07	0.18	-0.18	-0.78	0.79	-0.33
Total Revenue	0.26		0.96	0.17	0.98	0.98	0.17	1.0	0.85	1.0	0.74	0.94	-0.61	0.99	0.78	0.01	0.02	-0.05
Gross Profit	0.32	0.96		0.38	0.94	0.96	0.38	0.96	0.95	0.96	0.77	0.97	-0.69	0.95	0.77	-0.09	0.19	-0.31
Other Operating Expenses	0.47	0.17	0.38		0.09	0.15	1.0	0.17	0.61	0.16	0.39	0.36	-0.47	0.15	0.17	-0.57	0.69	-0.81
Operating Income	0.21	0.98	0.94	0.09		0.99	0.09	0.98	0.81	0.99	0.67	0.92	-0.55	0.98	0.73	0.02	-0.01	-0.04
Ebitda	0.24	0.98	0.96	0.15	0.99		0.15	0.98	0.84	0.98	0.68	0.94	-0.58	0.98	0.72	-0.02	0.04	-0.13
Total Operating Expenses	0.47	0.17	0.38	1.0	0.09	0.15		0.17	0.61	0.16	0.39	0.36	-0.47	0.15	0.17	-0.57	0.69	-0.81
Income Before Tax	0.25	1.0	0.96	0.17	0.98	0.98	0.17		0.85	1.0	0.74	0.94	-0.61	0.99	0.78	0.02	0.02	-0.05
Total Other Income Expense Net	0.37	0.85	0.95	0.61	0.81	0.84	0.61	0.85		0.85	0.77	0.9	-0.69	0.84	0.74	-0.22	0.34	-0.49
Net Income	0.24	1.0	0.96	0.16	0.99	0.98	0.16	1.0	0.85		0.71	0.94	-0.62	1.0	0.78	0.02	0.02	-0.05
Income Tax Expense	0.48	0.74	0.77	0.39	0.67	0.68	0.39	0.74	0.77	0.71		0.72	-0.41	0.67	0.69	0.0	0.12	-0.25
Ebit	0.25	0.94	0.97	0.36	0.92	0.94	0.36	0.94	0.9	0.94	0.72		-0.78	0.94	0.76	-0.07	0.14	-0.29
Depreciation And Amortization	0.07	-0.61	-0.69	-0.47	-0.55	-0.58	-0.47	-0.61	-0.69	-0.62	-0.41	-0.78		-0.64	-0.7	-0.07	-0.06	0.32
Net Income From Continuing Ops	0.18	0.99	0.95	0.15	0.98	0.98	0.15	0.99	0.84	1.0	0.67	0.94	-0.64		0.79	0.04	0.0	-0.04
Tax Provision	-0.18	0.78	0.77	0.17	0.73	0.72	0.17	0.78	0.74	0.78	0.69	0.76	-0.7	0.79		0.44	-0.31	-0.04
Net Interest Income	-0.78	0.01	-0.09	-0.57	0.02	-0.02	-0.57	0.02	-0.22	0.02	0.0	-0.07	-0.07	0.04	0.44		-0.94	0.46
Interest Income	0.79	0.02	0.19	0.69	-0.01	0.04	0.69	0.02	0.34	0.02	0.12	0.14	-0.06	0.0	-0.31	-0.94		-0.62
Research Development	-0.33	-0.05	-0.31	-0.81	-0.04	-0.13	-0.81	-0.05	-0.49	-0.05	-0.25	-0.29	0.32	-0.04	-0.04	0.46	-0.62

Click cells to compare fundamentals

SIR Royalty Account Relationship Matchups

SIR Royalty income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Selling General Administrative	523.6K	568.9K	625.4K	590.6K	603.4K	502.7K
Total Revenue	(42.7M)	7.1M	49.0M	23.3M	16.2M	11.0M
Gross Profit	(42.7M)	7.1M	49.0M	23.3M	26.8M	28.2M
Other Operating Expenses	523.6K	568.9K	625.4K	23.3M	26.8M	28.2M
Operating Income	(43.3M)	6.6M	48.3M	11.7M	13.4M	8.2M
Ebitda	(43.3M)	6.6M	48.3M	11.7M	13.4M	14.1M
Total Operating Expenses	523.6K	568.9K	625.4K	23.3M	26.8M	28.2M
Income Before Tax	(43.3M)	6.6M	48.3M	22.7M	15.6M	10.5M
Total Other Income Expense Net	(30.1M)	407.6K	30.1M	22.7M	26.1M	27.5M
Net Income	(44.0M)	4.9M	44.4M	19.1M	12.0M	7.9M
Income Tax Expense	748.4K	1.6M	3.9M	3.6M	4.2M	3.1M
Ebit	(43.3M)	6.6M	48.3M	23.3M	26.8M	28.2M
Depreciation And Amortization	14.8M	(2.4M)	(7.4M)	(11.7M)	(13.4M)	(12.7M)
Net Income From Continuing Ops	(44.0M)	4.9M	44.4M	19.1M	12.0M	8.9M
Cost Of Revenue	14.3M	3M	8M	12.3M	14.1M	14.8M
Net Income Applicable To Common Shares	5.1M	12.6M	(44.0M)	4.9M	4.4M	4.6M
Tax Provision	748.4K	1.6M	3.9M	3.6M	3.5M	3.3M

Pair Trading with SIR Royalty

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 SIR Royalty 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 SIR Royalty will appreciate offsetting losses from the drop in the long position's value.

Moving against SIR Stock

0.48	ROOT	Roots Corp	Pair Corr
0.4	WILD	WildBrain	Pair Corr
0.38	SGR-U	Slate Grocery REIT	Pair Corr
0.36	NA-PG	National Bank	Pair Corr

The ability to find closely correlated positions to SIR Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SIR Royalty 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 SIR Royalty - 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 SIR Royalty Income to buy it.

The correlation of SIR Royalty 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 SIR Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SIR Royalty Income 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 SIR Royalty 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 Correlation Correlation Matching

Other Information on Investing in SIR Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

SIR Historical Income Statement

About SIR Income Statement Analysis

SIR Royalty Income Statement Chart

Other Operating Expenses

Total Operating Expenses

SIR Royalty income statement Correlations

SIR Royalty Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SIR Royalty income statement Accounts

Pair Trading with SIR Royalty

Moving against SIR Stock

Other Information on Investing in SIR Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Income Before Tax	+ 1.0	Total Revenue
Net Income	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Other Operating Expenses
Net Income	+ 1.0	Income Before Tax
Net Income From Continuing Ops	+ 1.0	Net Income
Net Income From Continuing Ops	+ 0.99	Total Revenue

Interest Income	- 0.94	Net Interest Income
Research Development	- 0.81	Total Operating Expenses
Research Development	- 0.81	Other Operating Expenses
Depreciation And Amortization	- 0.78	Ebit
Net Interest Income	- 0.78	Selling General Administrative
Tax Provision	- 0.7	Depreciation And Amortization