Molson Historical Income Statement
TAP Stock | USD 60.36 0.11 0.18% |
Historical analysis of Molson Coors income statement accounts such as Operating Income of 1.5 B, Ebit of 1.7 B, EBITDA of 2.4 B or Cost Of Revenue of 7.7 B can show how well Molson Coors Brewing performed in making a profits. Evaluating Molson Coors income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Molson Coors's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Molson Coors Brewing 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 Molson Coors Brewing is a good buy for the upcoming year.
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About Molson Income Statement Analysis
Molson Coors Brewing 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 Molson Coors shareholders. The income statement also shows Molson 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).
Molson Coors Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Molson Coors Brewing 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 Molson Coors Brewing minus its cost of goods sold. It is profit before Molson Coors 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 Molson Coors Brewing. It is also known as Molson Coors 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 Molson Coors Brewing 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 Molson Coors Brewing 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.Most accounts from Molson Coors' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Molson Coors Brewing 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Molson Coors Brewing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Molson Coors' Cost Of Revenue is relatively stable compared to the past year. As of 11/23/2024, Total Operating Expenses is likely to grow to about 3.1 B, though Net Loss is likely to grow to (191.5 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 10.3B | 10.7B | 11.7B | 12.3B | Depreciation And Amortization | 786.1M | 684.8M | 682.8M | 716.9M |
Molson Coors income statement Correlations
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Molson Coors Account Relationship Matchups
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Molson Coors income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 859M | 922M | 786.1M | 684.8M | 682.8M | 716.9M | |
Total Revenue | 10.6B | 9.7B | 10.3B | 10.7B | 11.7B | 12.3B | |
Gross Profit | 4.2B | 3.8B | 4.1B | 3.7B | 4.4B | 4.6B | |
Other Operating Expenses | 9.1B | 8.3B | 8.8B | 9.7B | 10.3B | 10.8B | |
Operating Income | 2.2B | 1.4B | 1.5B | 1.8B | 1.4B | 1.5B | |
Ebit | 2.2B | (358.0M) | 1.5B | 1.1B | 1.6B | 1.7B | |
Ebitda | 3.0B | 564.0M | 2.3B | 1.8B | 2.3B | 2.4B | |
Cost Of Revenue | 6.4B | 5.9B | 6.2B | 7.0B | 7.3B | 7.7B | |
Total Operating Expenses | 2.7B | 2.4B | 2.6B | 2.7B | 2.9B | 3.1B | |
Income Before Tax | 479.9M | (643.9M) | 1.2B | (62.5M) | 1.3B | 1.3B | |
Total Other Income Expense Net | (1.7B) | (235M) | (215.4M) | (220M) | (185.7M) | (176.4M) | |
Net Income | 241.7M | (945.7M) | 1.0B | (186.5M) | 948.9M | 996.3M | |
Income Tax Expense | 233.7M | 301.8M | 230.5M | 124M | 296.1M | 310.9M | |
Interest Expense | 280.9M | 274.6M | 260.3M | 250.6M | 234M | 143.2M | |
Selling General Administrative | 1.5B | 1.5B | 1.5B | 1.6B | 2.8B | 2.9B | |
Net Income Applicable To Common Shares | 241.7M | (949M) | 1.0B | (175.3M) | (201.6M) | (191.5M) | |
Net Income From Continuing Ops | 246.2M | (945.7M) | 1.0B | (186.5M) | 261.1M | 461.5M | |
Non Recurring | 708.8M | 1.7B | 44.5M | 845M | 971.8M | 1.0B | |
Non Operating Income Net Other | (3.6M) | 39.6M | 44.9M | 30.6M | 35.2M | 36.9M | |
Tax Provision | 233.7M | 301.8M | 230.5M | 124M | 261.8M | 216.5M | |
Interest Income | 8.2M | 3.3M | 265.7M | 4.3M | 25.4M | 24.1M | |
Net Interest Income | (272.7M) | (271.3M) | (258.3M) | (246.3M) | (220.2M) | (231.2M) | |
Reconciled Depreciation | 859M | 922M | 786.1M | 684.8M | 677.8M | 640M |
Pair Trading with Molson Coors
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 Molson Coors 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 Molson Coors will appreciate offsetting losses from the drop in the long position's value.Moving together with Molson Stock
Moving against Molson Stock
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The ability to find closely correlated positions to Molson Coors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Molson Coors 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 Molson Coors - 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 Molson Coors Brewing to buy it.
The correlation of Molson Coors 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 Molson Coors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Molson Coors Brewing 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 Molson Coors 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.Additional Tools for Molson Stock Analysis
When running Molson Coors' price analysis, check to measure Molson Coors' 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 Molson Coors is operating at the current time. Most of Molson Coors' value examination focuses on studying past and present price action to predict the probability of Molson Coors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Molson Coors' price. Additionally, you may evaluate how the addition of Molson Coors to your portfolios can decrease your overall portfolio volatility.