Almaden Historical Income Statement

AAU Stock  USD 0.14  0.00  0.00%   
Historical analysis of Almaden Minerals income statement accounts such as Interest Expense of 1 M, Selling General Administrative of 2.9 M or Total Revenue of 0.0 can show how well Almaden Minerals performed in making a profits. Evaluating Almaden Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Almaden Minerals's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Almaden Minerals 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 Almaden Minerals is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Almaden Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Almaden Stock please use our How to Invest in Almaden Minerals guide.

About Almaden Income Statement Analysis

Almaden Minerals 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 Almaden Minerals shareholders. The income statement also shows Almaden 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).

Almaden Minerals Income Statement Chart

Almaden Minerals Income Statement is one of the three primary financial statements used for reporting Almaden's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Almaden Minerals revenue and expense. Almaden Minerals Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Almaden Minerals' Interest Expense is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 2.9 M in 2024, whereas Operating Income is likely to drop (4.8 M) in 2024.

Cost Of Revenue

Cost of Revenue is found on Almaden Minerals income statement and represents the costs associated with goods and services Almaden Minerals 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.
Most accounts from Almaden Minerals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Almaden Minerals 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 Almaden Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Almaden Stock please use our How to Invest in Almaden Minerals guide.At this time, Almaden Minerals' Interest Expense is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 2.9 M in 2024, whereas Operating Income is likely to drop (4.8 M) in 2024.

Almaden Minerals income statement Correlations

-0.19-0.44-0.05-0.38-0.130.520.49-0.03-0.04-0.04-0.060.550.630.50.37-0.31-0.320.24-0.33
-0.190.60.940.410.23-0.750.040.950.230.30.24-0.040.08-0.780.16-0.09-0.060.3-0.24
-0.440.60.410.540.48-0.590.20.420.170.20.19-0.17-0.29-0.560.16-0.08-0.120.3-0.28
-0.050.940.410.320.06-0.70.081.00.040.110.04-0.050.27-0.750.080.01-0.040.21-0.17
-0.380.410.540.320.43-0.8-0.060.330.360.380.37-0.10.09-0.760.16-0.23-0.130.1-0.13
-0.130.230.480.060.43-0.290.370.070.720.730.740.340.05-0.250.51-0.79-0.550.43-0.38
0.52-0.75-0.59-0.7-0.8-0.290.18-0.7-0.15-0.2-0.170.34-0.011.00.01-0.020.01-0.050.04
0.490.040.20.08-0.060.370.180.090.10.110.10.710.660.190.33-0.33-0.290.19-0.27
-0.030.950.421.00.330.07-0.70.090.050.120.05-0.040.27-0.740.11-0.01-0.060.24-0.21
-0.040.230.170.040.360.72-0.150.10.051.01.00.570.01-0.130.48-0.81-0.280.4-0.35
-0.040.30.20.110.380.73-0.20.110.121.01.00.570.04-0.190.48-0.8-0.280.41-0.36
-0.060.240.190.040.370.74-0.170.10.051.01.00.560.01-0.150.48-0.81-0.290.41-0.36
0.55-0.04-0.17-0.05-0.10.340.340.71-0.040.570.570.560.610.340.4-0.58-0.210.21-0.27
0.630.08-0.290.270.090.05-0.010.660.270.010.040.010.61-0.030.24-0.24-0.22-0.02-0.09
0.5-0.78-0.56-0.75-0.76-0.251.00.19-0.74-0.13-0.19-0.150.34-0.030.04-0.04-0.01-0.030.02
0.370.160.160.080.160.510.010.330.110.480.480.480.40.240.04-0.75-0.60.78-0.78
-0.31-0.09-0.080.01-0.23-0.79-0.02-0.33-0.01-0.81-0.8-0.81-0.58-0.24-0.04-0.750.72-0.620.63
-0.32-0.06-0.12-0.04-0.13-0.550.01-0.29-0.06-0.28-0.28-0.29-0.21-0.22-0.01-0.60.72-0.540.65
0.240.30.30.210.10.43-0.050.190.240.40.410.410.21-0.02-0.030.78-0.62-0.54-0.94
-0.33-0.24-0.28-0.17-0.13-0.380.04-0.27-0.21-0.35-0.36-0.36-0.27-0.090.02-0.780.630.65-0.94
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Almaden Minerals Account Relationship Matchups

Almaden Minerals income statement Accounts

201920202021202220232024 (projected)
Interest Expense249.2K383.2K407.7K515.7K580.2K1.0M
Selling General Administrative2.5M2.6M3.6M3.3M2.6M2.9M
Gross Profit(145.6K)(141.0K)(138.1K)(121.2K)(112.9K)(107.2K)
Other Operating Expenses3.2M3.0M4.1M3.7M4.6M3.6M
Operating Income(3.3M)(3.1M)(3.6M)(3.5M)(4.6M)(4.8M)
Net Income From Continuing Ops(3.8M)(3.1M)(2.7M)(11.8M)(11.7M)(11.2M)
Ebit(3.3M)(3.1M)(3.6M)(3.5M)(4.6M)(4.3M)
Cost Of Revenue145.6K141.0K138.1K121.2K112.9K107.2K
Total Operating Expenses3.0M2.9M4.0M3.6M4.4M3.5M
Income Before Tax(3.8M)(3.1M)(2.4M)(10.5M)(66.7M)(63.4M)
Total Other Income Expense Net(418.1K)(70.6K)1.3M(7.0M)(62.2M)(59.0M)
Net Income Applicable To Common Shares(3.8M)(3.1M)(2.7M)(11.8M)(10.7M)(10.1M)
Net Income(4.0M)(3.5M)(2.7M)(11.8M)(63.6M)(60.4M)
Income Tax Expense249.2K383.2K314.1K1.3M(3.1M)(2.9M)
Depreciation And Amortization145.6K141.0K138.1K121.2K112.9K154.5K
Ebitda(3.2M)(2.9M)(3.5M)(3.3M)(4.4M)(4.2M)
Selling And Marketing Expenses262.1K82.0K201.0K107.9K97.1K188.6K
Interest Income424.4K40.2K490.2K988.1K414.9K344.6K
Net Interest Income(411.8K)(407.1K)82.5K(261.8K)(153.3K)(145.6K)
Reconciled Depreciation145.6K141.0K138.1K121.2K113.6K112.5K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Almaden Minerals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Almaden Minerals' short interest history, or implied volatility extrapolated from Almaden Minerals options trading.

Pair Trading with Almaden Minerals

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 Almaden Minerals 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 Almaden Minerals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Almaden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almaden Minerals 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 Almaden Minerals - 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 Almaden Minerals to buy it.
The correlation of Almaden Minerals 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 Almaden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almaden Minerals 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 Almaden Minerals 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.
Pair CorrelationCorrelation Matching
When determining whether Almaden Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Almaden Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Almaden Minerals Stock. Highlighted below are key reports to facilitate an investment decision about Almaden Minerals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Almaden Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Almaden Stock please use our How to Invest in Almaden Minerals guide.
Note that the Almaden Minerals information on this page should be used as a complementary analysis to other Almaden Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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Is Almaden Minerals' 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 Almaden Minerals. If investors know Almaden 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 Almaden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Return On Assets
(0.94)
Return On Equity
(1.66)
The market value of Almaden Minerals is measured differently than its book value, which is the value of Almaden that is recorded on the company's balance sheet. Investors also form their own opinion of Almaden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Almaden Minerals' 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 Almaden Minerals' market value can be influenced by many factors that don't directly affect Almaden Minerals' 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 Almaden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Almaden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almaden Minerals' 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.