Autocanada Historical Income Statement
| ACQ Stock | CAD 24.00 0.49 2.08% |
Historical analysis of Autocanada income statement accounts such as Interest Expense of 77.6 M, Selling General Administrative of 896.4 M or Total Revenue of 6.8 B can show how well Autocanada performed in making a profits. Evaluating Autocanada income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Autocanada's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Autocanada 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 Autocanada is a good buy for the upcoming year.
Autocanada |
About Autocanada Income Statement Analysis
Autocanada 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 Autocanada shareholders. The income statement also shows Autocanada 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).
Autocanada Income Statement Chart
Autocanada Income Statement is one of the three primary financial statements used for reporting Autocanada's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Autocanada revenue and expense. Autocanada Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Autocanada's Operating Income is very stable compared to the past year. As of the 28th of April 2024, EBIT is likely to grow to about 307.4 M, while Net Income From Continuing Ops is likely to drop about 39.7 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Autocanada 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 Autocanada minus its cost of goods sold. It is profit before Autocanada 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 Autocanada. It is also known as Autocanada 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 Autocanada's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Autocanada 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Autocanada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Autocanada's Operating Income is very stable compared to the past year. As of the 28th of April 2024, EBIT is likely to grow to about 307.4 M, while Net Income From Continuing Ops is likely to drop about 39.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 834.2M | 1.0B | 1.1B | 1.2B | Total Revenue | 4.7B | 6.0B | 6.4B | 6.8B |
Autocanada income statement Correlations
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Autocanada Account Relationship Matchups
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Autocanada income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 43.2M | 59.1M | (3.2M) | 41.5M | 47.7M | 50.1M | |
| Interest Expense | 62.8M | 56.0M | 56.9M | 92.8M | 73.9M | 77.6M | |
| Selling General Administrative | 456.5M | 455.0M | 580.7M | 758.4M | 853.7M | 896.4M | |
| Total Revenue | 3.5B | 3.3B | 4.7B | 6.0B | 6.4B | 6.8B | |
| Gross Profit | 570.5M | 547.3M | 834.2M | 1.0B | 1.1B | 1.2B | |
| Other Operating Expenses | 3.4B | 3.2B | 4.4B | 5.8B | 6.7B | 7.0B | |
| Operating Income | 76.4M | 70.2M | 270.1M | 254.6M | 206.5M | 216.9M | |
| Ebit | 76.4M | 70.2M | 270.1M | 254.6M | 292.7M | 307.4M | |
| Ebitda | 119.6M | 129.4M | 266.9M | 296.1M | 340.5M | 357.5M | |
| Cost Of Revenue | 2.9B | 2.8B | 3.8B | 5.0B | 5.3B | 5.6B | |
| Total Operating Expenses | 499.8M | 461.7M | 612.6M | 811.0M | 6.2B | 6.5B | |
| Net Income | (27.1M) | (6.6M) | 164.2M | 85.4M | 50.5M | 53.0M | |
| Income Before Tax | (26.3M) | (1.2M) | 221.2M | 123.9M | 84.4M | 88.6M | |
| Total Other Income Expense Net | (102.7M) | (71.4M) | (48.8M) | (130.7M) | 24.7M | 26.0M | |
| Income Tax Expense | 775K | 5.4M | 54.0M | 32.8M | 37.7M | 39.6M | |
| Net Income From Continuing Ops | (27.1M) | (6.6M) | 167.2M | 91.1M | 53.8M | 39.7M | |
| Net Income Applicable To Common Shares | (28.4M) | (7.5M) | 164.2M | 85.4M | 98.3M | 103.2M | |
| Minority Interest | 14.5M | 20.9M | (3.0M) | (5.6M) | (3.3M) | (3.1M) | |
| Tax Provision | 775K | 5.4M | 54.0M | 32.8M | 30.6M | 21.3M | |
| Interest Income | 61.9M | 808K | 39.5M | 4.1M | 3.3M | 3.2M | |
| Net Interest Income | (67.9M) | (61.3M) | (63.9M) | (96.4M) | (146.9M) | (139.6M) | |
| Reconciled Depreciation | 43.2M | 42.1M | 43.7M | 52.0M | 59.0M | 44.1M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Autocanada in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Autocanada's short interest history, or implied volatility extrapolated from Autocanada options trading.
Pair Trading with Autocanada
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 Autocanada 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 Autocanada will appreciate offsetting losses from the drop in the long position's value.Moving together with Autocanada Stock
| 0.7 | ELF | E L Financial | PairCorr |
| 0.68 | FFH | Fairfax Financial | PairCorr |
Moving against Autocanada Stock
| 0.76 | SEC | Senvest Capital | PairCorr |
The ability to find closely correlated positions to Autocanada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autocanada 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 Autocanada - 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 Autocanada to buy it.
The correlation of Autocanada 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 Autocanada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autocanada 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 Autocanada 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Autocanada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Autocanada Stock analysis
When running Autocanada's price analysis, check to measure Autocanada'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 Autocanada is operating at the current time. Most of Autocanada's value examination focuses on studying past and present price action to predict the probability of Autocanada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autocanada's price. Additionally, you may evaluate how the addition of Autocanada to your portfolios can decrease your overall portfolio volatility.
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