Electro Operating Income from 2010 to 2024
| ELSE Stock | USD 4.06 0.19 4.47% |
Operating Income | First Reported 1985-09-30 | Previous Quarter -26 K | Current Value 92 K | Quarterly Volatility 810.7 K |
Check Electro Sensors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electro main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.9 K, Interest Expense of 1.1 K or Total Revenue of 6.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0171 or PTB Ratio of 0.86. Electro financial statements analysis is a perfect complement when working with Electro Sensors Valuation or Volatility modules.
Electro | Operating Income |
Latest Electro Sensors' Operating Income Growth Pattern
Below is the plot of the Operating Income of Electro Sensors over the last few years. Operating Income is the amount of profit realized from Electro Sensors 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 Electro Sensors 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. Electro Sensors' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Electro Sensors' overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Electro Operating Income Regression Statistics
| Arithmetic Mean | 303,627 | |
| Geometric Mean | 226,284 | |
| Coefficient Of Variation | 115.67 | |
| Mean Deviation | 276,882 | |
| Median | 290,000 | |
| Standard Deviation | 351,208 | |
| Sample Variance | 123.3B | |
| Range | 1.2M | |
| R-Value | (0.80) | |
| Mean Square Error | 48B | |
| R-Squared | 0.64 | |
| Significance | 0.0003 | |
| Slope | (62,769) | |
| Total Sum of Squares | 1.7T |
Electro Operating Income History
Other Fundumenentals of Electro Sensors
Electro Sensors Operating Income component correlations
Click cells to compare fundamentals
About Electro Sensors Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Electro Sensors income statement, its balance sheet, and the statement of cash flows. Electro Sensors investors use historical funamental indicators, such as Electro Sensors's Operating Income, to determine how well the company is positioned to perform in the future. Although Electro Sensors investors may use each financial statement separately, they are all related. The changes in Electro Sensors's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Electro Sensors's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Electro Sensors Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Electro Sensors. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Income | -28 K | -26.6 K | |
| Non Operating Income Net Other | 31.5 K | 29.9 K |
Pair Trading with Electro Sensors
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 Electro Sensors 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 Electro Sensors will appreciate offsetting losses from the drop in the long position's value.Moving together with Electro Stock
| 0.75 | ST | Sensata Technologies | PairCorr |
| 0.8 | WATT | Energous | PairCorr |
Moving against Electro Stock
| 0.6 | ESE | ESCO Technologies Financial Report 14th of May 2024 | PairCorr |
| 0.45 | WRAP | Wrap Technologies | PairCorr |
The ability to find closely correlated positions to Electro Sensors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electro Sensors 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 Electro Sensors - 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 Electro Sensors to buy it.
The correlation of Electro Sensors 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 Electro Sensors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electro Sensors 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 Electro Sensors 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 the analysis of Electro Sensors Correlation against competitors. For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Electro Stock analysis
When running Electro Sensors' price analysis, check to measure Electro Sensors' 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 Electro Sensors is operating at the current time. Most of Electro Sensors' value examination focuses on studying past and present price action to predict the probability of Electro Sensors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electro Sensors' price. Additionally, you may evaluate how the addition of Electro Sensors to your portfolios can decrease your overall portfolio volatility.
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Is Electro Sensors' 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 Electro Sensors. If investors know Electro 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 Electro Sensors 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 (0.26) | Earnings Share 0.08 | Revenue Per Share 2.496 | Quarterly Revenue Growth 0.096 | Return On Assets 0.0006 |
The market value of Electro Sensors is measured differently than its book value, which is the value of Electro that is recorded on the company's balance sheet. Investors also form their own opinion of Electro Sensors' value that differs from its market value or its book value, called intrinsic value, which is Electro Sensors' 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 Electro Sensors' market value can be influenced by many factors that don't directly affect Electro Sensors' 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 Electro Sensors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Electro Sensors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electro Sensors' 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.