Endeavour Historical Income Statement
| EXK Stock | USD 2.65 0.01 0.38% |
Historical analysis of Endeavour Silver income statement accounts such as Total Revenue of 126 M or Gross Profit of 26.2 M can show how well Endeavour Silver Corp performed in making a profits. Evaluating Endeavour Silver income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Endeavour Silver's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Endeavour Silver Corp 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 Endeavour Silver Corp is a good buy for the upcoming year.
Endeavour |
About Endeavour Income Statement Analysis
Endeavour Silver Corp 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 Endeavour Silver shareholders. The income statement also shows Endeavour 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).
Endeavour Silver Income Statement Chart
Endeavour Silver Corp Income Statement is one of the three primary financial statements used for reporting Endeavour's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Endeavour Silver Corp revenue and expense. Endeavour Silver Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Endeavour Silver's Income Before Tax is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 15.8 M this year, although the value of Other Operating Expenses will most likely fall to about 110.1 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Endeavour Silver Corp 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 Endeavour Silver Corp. It is also known as Endeavour Silver 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Endeavour Silver income statement and is an important metric when analyzing Endeavour Silver Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Endeavour Silver's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Endeavour Silver Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. At this time, Endeavour Silver's Income Before Tax is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 15.8 M this year, although the value of Other Operating Expenses will most likely fall to about 110.1 M.
Endeavour Silver income statement Correlations
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Endeavour Silver Account Relationship Matchups
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Endeavour Silver income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 36.4M | 28.9M | 24.5M | 26.8M | 29.4M | 20.8M | |
| Interest Expense | 394K | 918K | 985K | 1.3M | 837.1K | 878.9K | |
| Total Revenue | 121.7M | 138.5M | 165.3M | 210.2M | 208.6M | 126.0M | |
| Gross Profit | (17.4M) | 27.3M | 36.4M | 51.5M | 20.3M | 26.2M | |
| Other Operating Expenses | 161.3M | 139.2M | 158.3M | 186.0M | 205.1M | 110.1M | |
| Operating Income | (43.9M) | (808K) | 7.0M | 23.5M | 3.5M | 3.7M | |
| Ebit | (43.9M) | (808K) | 7.0M | 23.5M | 3.5M | 3.4M | |
| Ebitda | (7.5M) | 28.1M | 31.6M | 50.2M | 32.9M | 36.5M | |
| Total Operating Expenses | 22.2M | 28.1M | 29.3M | 27.4M | 16.8M | 18.7M | |
| Income Before Tax | (44.0M) | (1.1M) | 29.7M | 24.9M | 18.6M | 19.5M | |
| Total Other Income Expense Net | (73K) | (246K) | 22.7M | 1.5M | 15.1M | 15.8M | |
| Net Income | (48.1M) | 1.2M | 14.0M | 6.2M | 6.1M | 6.4M | |
| Income Tax Expense | 4.1M | (2.2M) | 15.7M | 18.7M | 12.4M | 13.0M | |
| Selling General Administrative | 9.7M | 12.5M | 10.1M | 10.6M | 17.9M | 9.6M | |
| Net Income From Continuing Ops | (48.1M) | 1.2M | 14.0M | 6.2M | 6.1M | 6.4M | |
| Cost Of Revenue | 139.1M | 111.1M | 129.0M | 158.6M | 188.3M | 105.0M | |
| Net Income Applicable To Common Shares | (48.1M) | 1.2M | 14.0M | 6.2M | 5.6M | 5.9M | |
| Tax Provision | 4.1M | (2.2M) | 15.7M | 18.7M | 12.1M | 7.1M | |
| Interest Income | 286K | 178K | 1.6M | 508K | 457.2K | 434.3K | |
| Net Interest Income | (394K) | (983K) | (723K) | (821K) | (822K) | (863.1K) | |
| Reconciled Depreciation | 32.1M | 28.9M | 24.5M | 26.1M | 28.8M | 30.8M |
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 Endeavour Silver 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, Endeavour Silver's short interest history, or implied volatility extrapolated from Endeavour Silver options trading.
Pair Trading with Endeavour Silver
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 Endeavour Silver 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 Endeavour Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Endeavour Stock
| 0.97 | HL | Hecla Mining Earnings Call This Week | PairCorr |
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Moving against Endeavour Stock
| 0.96 | MPVDF | Mountain Province Earnings Call This Week | PairCorr |
| 0.81 | X | United States Steel | PairCorr |
| 0.53 | HL-PB | Hecla Mining Earnings Call This Week | PairCorr |
| 0.43 | ATLX | Atlas Lithium Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Endeavour Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Silver 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 Endeavour Silver - 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 Endeavour Silver Corp to buy it.
The correlation of Endeavour Silver 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 Endeavour Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Silver Corp 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 Endeavour Silver 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Endeavour Stock analysis
When running Endeavour Silver's price analysis, check to measure Endeavour Silver'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 Endeavour Silver is operating at the current time. Most of Endeavour Silver's value examination focuses on studying past and present price action to predict the probability of Endeavour Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endeavour Silver's price. Additionally, you may evaluate how the addition of Endeavour Silver to your portfolios can decrease your overall portfolio volatility.
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Is Endeavour Silver's 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 Endeavour Silver. If investors know Endeavour 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 Endeavour Silver 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 (0.73) | Earnings Share 0.03 | Revenue Per Share 1.048 | Quarterly Revenue Growth (0.38) | Return On Assets 0.0116 |
The market value of Endeavour Silver Corp is measured differently than its book value, which is the value of Endeavour that is recorded on the company's balance sheet. Investors also form their own opinion of Endeavour Silver's value that differs from its market value or its book value, called intrinsic value, which is Endeavour Silver'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 Endeavour Silver's market value can be influenced by many factors that don't directly affect Endeavour Silver'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 Endeavour Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endeavour Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endeavour Silver'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.