Platinum Historical Income Statement
| PLG Stock | USD 1.17 0.05 4.10% |
Historical analysis of Platinum Group income statement accounts such as Income Tax Expense of 35.9 K, Selling General Administrative of 6 M, Total Revenue of 0.0 or Cost Of Revenue of 68.4 K can show how well Platinum Group Metals performed in making a profits. Evaluating Platinum Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Platinum Group's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Platinum Group Metals 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 Platinum Group Metals is a good buy for the upcoming year.
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About Platinum Income Statement Analysis
Platinum Group Metals 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 Platinum Group shareholders. The income statement also shows Platinum 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).
Platinum Group Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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.Cost Of Revenue
Cost of Revenue is found on Platinum Group Metals income statement and represents the costs associated with goods and services Platinum Group 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.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most accounts from Platinum Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Platinum Group Metals 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Platinum Group's Non Recurring is most likely to increase significantly in the upcoming years. The Platinum Group's current Selling And Marketing Expenses is estimated to increase to about 2.4 M, while Interest Expense is projected to decrease to 0.00.
Platinum Group income statement Correlations
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Platinum Group Account Relationship Matchups
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Platinum Group income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 182.8K | 122.5K | 88.1K | 83K | 95.5K | 90.7K | |
| Interest Expense | 18.4M | 8.4M | 5.5M | 5.1M | 1.7M | 0.0 | |
| Other Operating Expenses | 5.3M | 7.5M | 6.5M | 5.9M | 6.8M | 6.1M | |
| Operating Income | (5.5M) | (7.7M) | (6.6M) | (5.9M) | (4.8M) | (5.0M) | |
| Ebit | (5.3M) | (7.6M) | (6.1M) | (5.9M) | (5.3M) | (5.6M) | |
| Ebitda | (5.1M) | (7.5M) | (6.1M) | (5.8M) | (5.2M) | (5.5M) | |
| Total Operating Expenses | 5.1M | 7.4M | 6.4M | 5.8M | 4.8M | 5.9M | |
| Income Before Tax | (7.1M) | (13.0M) | (8.3M) | (5.6M) | (4.6M) | (4.8M) | |
| Total Other Income Expense Net | (1.8M) | (5.5M) | (1.7M) | 254K | (228K) | (239.4K) | |
| Net Income | (7.1M) | (13.1M) | (8.2M) | (5.7M) | (4.6M) | (4.8M) | |
| Income Tax Expense | 72K | 55K | (7K) | 42K | 37.8K | 35.9K | |
| Selling General Administrative | 5.1M | 7.4M | 6.4M | 5.8M | 4.7M | 6.0M | |
| Gross Profit | (177K) | (122K) | (91K) | (83K) | (72K) | (75.6K) | |
| Cost Of Revenue | 177K | 122K | 91K | 83K | 72K | 68.4K | |
| Net Income From Continuing Ops | (7.1M) | (13.1M) | (8.2M) | (5.7M) | (4.6M) | (4.8M) | |
| Net Income Applicable To Common Shares | (16.8M) | (7.1M) | (13.1M) | (8.2M) | (7.4M) | (7.8M) | |
| Tax Provision | 72K | 55K | (7K) | 42K | 31K | 32.6K | |
| Interest Income | 1.8M | 4.6M | 176K | 584K | 436K | 414.2K | |
| Net Interest Income | (5.3M) | (5.0M) | (1.5M) | 584K | 436K | 457.8K | |
| Reconciled Depreciation | 177K | 122K | 91K | 83K | 72K | 68.4K |
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When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Precious Metals & Minerals space 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 Platinum Group. If investors know Platinum 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 Platinum Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.05) | Return On Assets (0.11) | Return On Equity (0.12) |
The market value of Platinum Group Metals is measured differently than its book value, which is the value of Platinum that is recorded on the company's balance sheet. Investors also form their own opinion of Platinum Group's value that differs from its market value or its book value, called intrinsic value, which is Platinum Group'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 Platinum Group's market value can be influenced by many factors that don't directly affect Platinum Group'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 Platinum Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Platinum Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Platinum Group'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.