Choice Historical Income Statement
| CHP-UN Stock | CAD 14.68 0.11 0.75% |
Historical analysis of Choice Properties income statement accounts such as Interest Expense of 504.9 M, Selling General Administrative of 37.1 M or Total Revenue of 1.1 B can show how well Choice Properties Real performed in making a profits. Evaluating Choice Properties income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Choice Properties's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Choice Properties Real 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 Choice Properties Real is a good buy for the upcoming year.
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About Choice Income Statement Analysis
Choice Properties Real 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 Choice Properties shareholders. The income statement also shows Choice 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).
Choice Properties Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Choice Properties Real 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 Choice Properties Real minus its cost of goods sold. It is profit before Choice Properties 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 Choice Properties Real. It is also known as Choice Properties 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.Most accounts from Choice Properties' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Choice Properties Real 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 Choice Properties Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Choice Properties' EBIT is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 482.6 M, whereas Depreciation And Amortization is forecasted to decline to about 1.1 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 531.8M | 561.5M | 581.8M | 504.9M | Depreciation And Amortization | 492.1M | 1M | 1.2M | 1.1M |
Choice Properties income statement Correlations
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Choice Properties Account Relationship Matchups
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Choice Properties income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 73.1M | 1.3B | 492.1M | 1M | 1.2M | 1.1M | |
| Interest Expense | 537.9M | 528.3M | 531.8M | 561.5M | 581.8M | 504.9M | |
| Selling General Administrative | 36.2M | 39.6M | 46.6M | 64.2M | 66.6M | 37.1M | |
| Total Revenue | 1.3B | 1.3B | 1.3B | 1.4B | 1.4B | 1.1B | |
| Gross Profit | 886.6M | 912.0M | 900.6M | 1.0B | 978.6M | 822.8M | |
| Other Operating Expenses | 429.6M | 420.7M | 412.8M | 453.4M | 521.4M | 343.8M | |
| Operating Income | 853.0M | 954.6M | 1.2B | 976.4M | 909.7M | 829.2M | |
| Ebit | 908.5M | (328.2M) | 786.0M | 1.1B | 1.3B | 1.4B | |
| Ebitda | 981.6M | 956.9M | 1.3B | 1.1B | 1.3B | 696.3M | |
| Cost Of Revenue | 384.0M | 380.3M | 364.0M | 390.1M | 390.8M | 315.9M | |
| Total Operating Expenses | 45.5M | 40.4M | 48.8M | 63.3M | 459.6M | 482.6M | |
| Income Before Tax | 448.9M | 22.3M | 744.1M | 796.7M | 783.4M | 822.5M | |
| Total Other Income Expense Net | (442.0M) | (849.3M) | (107.7M) | (179.7M) | 410.6M | 431.2M | |
| Net Income | 450.7M | 23.0M | 744.3M | 796.7M | 784.4M | 823.7M | |
| Income Tax Expense | (1.8M) | (679K) | (117K) | 1K | 900.0 | 855.0 | |
| Net Income From Continuing Ops | 450.7M | 23.0M | 744.3M | 796.7M | 784.4M | 823.7M | |
| Net Income Applicable To Common Shares | (581.4M) | 450.7M | 23.0M | 744.3M | 855.9M | 898.7M | |
| Net Interest Income | (527.1M) | (514.4M) | (509.5M) | (524.7M) | (537.0M) | (563.9M) | |
| Interest Income | 13.6M | 20.1M | 27.4M | 41.4M | 49.4M | 51.9M | |
| Research Development | 0.47 | 0.36 | 0.03 | 0.31 | 0.57 | 0.51 | |
| Tax Provision | (1.8M) | (679K) | (117K) | 1K | (1.1M) | (1.0M) |
Pair Trading with Choice Properties
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 Choice Properties 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 Choice Properties will appreciate offsetting losses from the drop in the long position's value.Moving together with Choice Stock
Moving against Choice Stock
The ability to find closely correlated positions to Choice Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Choice Properties 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 Choice Properties - 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 Choice Properties Real to buy it.
The correlation of Choice Properties 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 Choice Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Choice Properties Real 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 Choice Properties 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.Other Information on Investing in Choice Stock
Choice Properties Real 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 Choice Properties shareholders. The income statement also shows Choice 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).