Cannae Historical Income Statement
| CNNE Stock | USD 19.45 0.55 2.75% |
Historical analysis of Cannae Holdings income statement accounts such as Total Revenue of 845.7 M, Gross Profit of 59.8 M or Other Operating Expenses of 925.5 M can show how well Cannae Holdings performed in making a profits. Evaluating Cannae Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cannae Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Cannae Holdings 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 Cannae Holdings is a good buy for the upcoming year.
Cannae |
About Cannae Income Statement Analysis
Cannae Holdings 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 Cannae Holdings shareholders. The income statement also shows Cannae 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).
Cannae Holdings Income Statement Chart
Cannae Holdings Income Statement is one of the three primary financial statements used for reporting Cannae's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cannae Holdings revenue and expense. Cannae Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Cannae Holdings' Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 925.5 M, whereas Operating Income is forecasted to decline to (124.8 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Cannae Holdings 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cannae Holdings. It is also known as Cannae Holdings 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.Operating Income
Operating Income is the amount of profit realized from Cannae Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cannae Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Cannae Holdings income statement and represents the costs associated with goods and services Cannae Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 Cannae Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cannae Holdings 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 Cannae Holdings. 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. For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.At present, Cannae Holdings' Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 925.5 M, whereas Operating Income is forecasted to decline to (124.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 178.2M | 175.8M | 195M | 139.6M | Cost Of Revenue | 697.5M | 630.9M | 493.9M | 785.9M |
Cannae Holdings income statement Correlations
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Cannae Holdings Account Relationship Matchups
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Cannae Holdings income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 56.3M | 80.8M | (240.7M) | (155.9M) | 38.3M | 40.2M | |
| Total Revenue | 1.1B | 585.7M | 742.2M | 662.1M | 570M | 845.7M | |
| Gross Profit | 66.9M | (33.4M) | 44.7M | 31.2M | 76.1M | 59.8M | |
| Other Operating Expenses | 1.2B | 766.4M | 875.7M | 806.7M | 688.9M | 925.5M | |
| Operating Income | (107.2M) | (188.5M) | (133.5M) | (144.6M) | (118.9M) | (124.8M) | |
| Ebit | (107.2M) | (188.5M) | (133.5M) | (144.6M) | (118.9M) | (124.8M) | |
| Ebitda | (50.9M) | (107.7M) | (374.2M) | (300.5M) | (80.6M) | (84.6M) | |
| Cost Of Revenue | 1.0B | 619.1M | 697.5M | 630.9M | 493.9M | 785.9M | |
| Total Operating Expenses | 174.1M | 147.3M | 178.2M | 175.8M | 195M | 139.6M | |
| Income Before Tax | 237.9M | 2.2B | (433M) | (335.6M) | (207.1M) | (196.7M) | |
| Total Other Income Expense Net | 345.1M | 2.4B | (299.5M) | (191M) | (88.2M) | (83.8M) | |
| Net Income | 213.7M | 1.8B | (359M) | (245.7M) | (313.4M) | (297.7M) | |
| Income Tax Expense | 24.2M | 481.2M | (74M) | (89.9M) | (77M) | (73.2M) | |
| Interest Expense | 17.8M | 9M | 9.8M | 12.3M | 17.9M | 9.8M | |
| Selling General Administrative | 79.7M | 180.4M | 215.1M | 195.5M | 177.5M | 152.1M | |
| Net Income From Continuing Ops | 98.6M | 1.8B | (286.4M) | (245.7M) | (238.7M) | (226.8M) | |
| Net Income Applicable To Common Shares | 77.3M | 1.8B | (287M) | (428.1M) | (385.3M) | (366.0M) | |
| Minority Interest | 41.3M | (26.4M) | (600K) | (1.5M) | 17.6M | 16.7M | |
| Tax Provision | 24.2M | 481.2M | (74M) | (89.9M) | (38.2M) | (36.3M) | |
| Interest Income | 15.6M | 17.2M | 21.1M | 2.5M | 11.3M | 11.1M | |
| Net Interest Income | (2.2M) | 8.2M | 11.3M | (9.8M) | (6.6M) | (6.3M) | |
| Reconciled Depreciation | 93.3M | 55.8M | 49M | 22.8M | 41.5M | 43.6M |
Cannae Holdings Investors Sentiment
The influence of Cannae Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cannae. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cannae Holdings' public news can be used to forecast risks associated with an investment in Cannae. The trend in average sentiment can be used to explain how an investor holding Cannae can time the market purely based on public headlines and social activities around Cannae Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cannae Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cannae Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cannae Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cannae Holdings.
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 Cannae Holdings 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, Cannae Holdings' short interest history, or implied volatility extrapolated from Cannae Holdings options trading.
Pair Trading with Cannae Holdings
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 Cannae Holdings 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 Cannae Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Cannae Stock
| 0.82 | V | Visa Class A Financial Report 23rd of July 2024 | PairCorr |
The ability to find closely correlated positions to Cannae Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cannae Holdings 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 Cannae Holdings - 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 Cannae Holdings to buy it.
The correlation of Cannae Holdings 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 Cannae Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cannae Holdings 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 Cannae Holdings 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 Cannae Holdings. 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. For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Cannae Stock analysis
When running Cannae Holdings' price analysis, check to measure Cannae Holdings' 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 Cannae Holdings is operating at the current time. Most of Cannae Holdings' value examination focuses on studying past and present price action to predict the probability of Cannae Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannae Holdings' price. Additionally, you may evaluate how the addition of Cannae Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Cannae Holdings' industry 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 Cannae Holdings. If investors know Cannae 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 Cannae Holdings 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 (0.67) | Earnings Share (4.27) | Revenue Per Share 7.766 | Quarterly Revenue Growth (0.23) | Return On Assets (0.03) |
The market value of Cannae Holdings is measured differently than its book value, which is the value of Cannae that is recorded on the company's balance sheet. Investors also form their own opinion of Cannae Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cannae Holdings' 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 Cannae Holdings' market value can be influenced by many factors that don't directly affect Cannae Holdings' 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 Cannae Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cannae Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannae Holdings' 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.