MorningStar Historical Income Statement
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Historical analysis of MorningStar Partners, income statement accounts such as Total Revenue of 274.3 M, Gross Profit of 151.4 M, Other Operating Expenses of 13.8 M or Operating Income of 281.7 M can show how well MorningStar Partners, LP performed in making a profits. Evaluating MorningStar Partners, income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MorningStar Partners,'s future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MorningStar Partners, 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 MorningStar Partners, is a good buy for the upcoming year.
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About MorningStar Income Statement Analysis
MorningStar Partners, 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 MorningStar Partners, shareholders. The income statement also shows MorningStar 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).
MorningStar Partners, Income Statement Chart
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Total Revenue
Total revenue comprises all receipts MorningStar Partners, 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 MorningStar Partners, LP minus its cost of goods sold. It is profit before MorningStar Partners, 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 MorningStar Partners,. It is also known as MorningStar Partners, 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.Most accounts from MorningStar Partners,'s income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MorningStar Partners, 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 MorningStar Partners, LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, MorningStar Partners,'s Income Before Tax is very stable compared to the past year. As of the 29th of March 2025, Net Income is likely to grow to about 24.7 M, while Net Interest Income is likely to drop (7.1 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 47.4M | 52.9M | 52.4M | 53.6M | Interest Income | 143K | 461K | 1.1M | 1.1M |
MorningStar Partners, income statement Correlations
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MorningStar Partners, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with MorningStar Partners,
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 MorningStar Partners, 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 MorningStar Partners, will appreciate offsetting losses from the drop in the long position's value.Moving together with MorningStar Stock
Moving against MorningStar Stock
| 0.64 | DMLP | Dorchester Minerals | PairCorr |
| 0.62 | CKX | CKX Lands | PairCorr |
| 0.58 | CRC | California Resources Corp | PairCorr |
| 0.57 | CNX | CNX Resources Corp | PairCorr |
| 0.54 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to MorningStar Partners, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MorningStar Partners, 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 MorningStar Partners, - 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 MorningStar Partners, LP to buy it.
The correlation of MorningStar Partners, 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 MorningStar Partners, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MorningStar Partners, 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 MorningStar Partners, 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in MorningStar Partners, LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MorningStar Partners,. If investors know MorningStar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MorningStar Partners, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Dividend Share 2.41 | Earnings Share 0.65 | Revenue Per Share | Quarterly Revenue Growth (0.03) |
The market value of MorningStar Partners, is measured differently than its book value, which is the value of MorningStar that is recorded on the company's balance sheet. Investors also form their own opinion of MorningStar Partners,'s value that differs from its market value or its book value, called intrinsic value, which is MorningStar Partners,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MorningStar Partners,'s market value can be influenced by many factors that don't directly affect MorningStar Partners,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MorningStar Partners,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if MorningStar Partners, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MorningStar Partners,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.