New Operating Income from 2010 to 2024

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New Horizon Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income will likely drop to about -1.7 M in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit New Horizon Aircraft generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2010-12-31
Previous Quarter
-1.7 M
Current Value
-1.7 M
Quarterly Volatility
103.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check New Horizon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Horizon's main balance sheet or income statement drivers, such as Tax Provision of 1.2 M, Net Interest Income of 5.5 M or Interest Expense of 89.8 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. New financial statements analysis is a perfect complement when working with New Horizon Valuation or Volatility modules.
  
Check out the analysis of New Horizon Correlation against competitors.

Latest New Horizon's Operating Income Growth Pattern

Below is the plot of the Operating Income of New Horizon Aircraft over the last few years. Operating Income is the amount of profit realized from New Horizon Aircraft 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 New Horizon Aircraft is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. New Horizon's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Horizon's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

New Operating Income Regression Statistics

Arithmetic Mean(1,744,766)
Coefficient Of Variation(5.94)
Mean Deviation58,276
Median(1,780,778)
Standard Deviation103,642
Sample Variance10.7B
Range394.7K
R-Value0.44
Mean Square Error9.3B
R-Squared0.20
Significance0.1
Slope10,277
Total Sum of Squares150.4B

New Operating Income History

2024-1.7 M
2023-1.7 M
2022-1.4 M

About New Horizon Financial Statements

New Horizon investors use historical fundamental indicators, such as New Horizon's Operating Income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in New Horizon. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income-1.7 M-1.7 M

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Additional Tools for New Stock Analysis

When running New Horizon's price analysis, check to measure New Horizon'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 New Horizon is operating at the current time. Most of New Horizon's value examination focuses on studying past and present price action to predict the probability of New Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Horizon's price. Additionally, you may evaluate how the addition of New Horizon to your portfolios can decrease your overall portfolio volatility.