Wilmington Historical Income Statement
| WCM-A Stock | CAD 2.50 0.31 11.03% |
Historical analysis of Wilmington Capital income statement accounts such as Depreciation And Amortization of 33.8 K, Total Revenue of 7.3 M, Gross Profit of 6.7 M or Other Operating Expenses of 653.6 K can show how well Wilmington Capital Management performed in making a profits. Evaluating Wilmington Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wilmington Capital's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Wilmington Capital 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 Wilmington Capital is a good buy for the upcoming year.
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About Wilmington Income Statement Analysis
Wilmington Capital 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 Wilmington Capital shareholders. The income statement also shows Wilmington 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).
Wilmington Capital Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Wilmington Capital 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 Wilmington Capital Management minus its cost of goods sold. It is profit before Wilmington Capital 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 Wilmington Capital. It is also known as Wilmington Capital 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 Wilmington Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wilmington Capital 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wilmington Capital Management. 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, Wilmington Capital's Tax Provision is comparatively stable compared to the past year. Interest Income is likely to gain to about 1.4 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 3.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 386K | 1.7M | 3.8M | 6.7M | Total Revenue | 386K | 1.7M | 3.8M | 7.3M |
Wilmington Capital income statement Correlations
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Wilmington Capital Account Relationship Matchups
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Wilmington Capital income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 195K | 193K | 124K | 28K | 32.2K | 33.8K | |
| Total Revenue | 162K | 211K | 386K | 1.7M | 3.8M | 7.3M | |
| Gross Profit | 162K | 211K | 386K | 1.7M | 3.8M | 6.7M | |
| Other Operating Expenses | 2.0M | 1.9M | 2.1M | 2.4M | 688K | 653.6K | |
| Operating Income | (484K) | 309K | (354K) | 841K | 3.1M | 4.8M | |
| Ebit | (484K) | 540K | (354K) | 3.3M | 3.0M | 2.9M | |
| Ebitda | (289K) | 733K | (230K) | 3.3M | 3.1M | 5.6M | |
| Total Operating Expenses | 2.0M | 1.9M | 2.1M | 2.4M | 3.8M | 3.3M | |
| Net Income | 34.1M | 657K | (461K) | 2.8M | 2.3M | 2.2M | |
| Income Tax Expense | 5.7M | (142K) | 96K | 463K | 739K | 776.0K | |
| Income Before Tax | 39.8M | 515K | (365K) | 3.3M | 3.0M | 5.5M | |
| Total Other Income Expense Net | 40.4M | 367K | (11K) | 2.4M | (92K) | (87.4K) | |
| Interest Expense | 22K | 25K | 11K | 9K | 7K | 6.7K | |
| Selling General Administrative | 1.8M | 1.7M | 2.0M | 2.3M | 2.2M | 1.7M | |
| Net Income From Continuing Ops | 34.1M | 657K | (461K) | 2.8M | 2.3M | 2.9M | |
| Net Income Applicable To Common Shares | 34.1M | 657K | (461K) | 2.8M | 3.2M | 3.2M | |
| Tax Provision | 5.7M | (142K) | 96K | 463K | 739K | 794.2K | |
| Net Interest Income | (22K) | (25K) | (11K) | 1.2M | (7K) | (6.7K) | |
| Interest Income | 1.4M | 2.0M | 1.6M | 1.2M | 1.4M | 1.4M |
Pair Trading with Wilmington Capital
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 Wilmington Capital 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 Wilmington Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Wilmington Stock
The ability to find closely correlated positions to Wilmington Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wilmington Capital 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 Wilmington Capital - 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 Wilmington Capital Management to buy it.
The correlation of Wilmington Capital 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 Wilmington Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wilmington Capital 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 Wilmington Capital 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.Additional Tools for Wilmington Stock Analysis
When running Wilmington Capital's price analysis, check to measure Wilmington Capital's 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 Wilmington Capital is operating at the current time. Most of Wilmington Capital's value examination focuses on studying past and present price action to predict the probability of Wilmington Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wilmington Capital's price. Additionally, you may evaluate how the addition of Wilmington Capital to your portfolios can decrease your overall portfolio volatility.