Associated Historical Income Statement

AC Stock  USD 32.71  0.10  0.31%   
Historical analysis of Associated Capital income statement accounts such as Interest Expense of 595.7 K or Selling General Administrative of 6.5 M can show how well Associated Capital Group performed in making a profits. Evaluating Associated Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Associated Capital's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Associated Capital 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 Associated Capital 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 Associated Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

About Associated Income Statement Analysis

Associated Capital 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 Associated Capital shareholders. The income statement also shows Associated 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).

Associated Capital Income Statement Chart

Associated Capital Group Income Statement is one of the three primary financial statements used for reporting Associated's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Associated Capital revenue and expense. Associated Capital Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Associated Capital's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 6.5 M, whereas Total Revenue is forecasted to decline to about 28.3 M.

Total Revenue

Total revenue comprises all receipts Associated Capital 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Associated Capital. It is also known as Associated Capital 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.

Cost Of Revenue

Cost of Revenue is found on Associated Capital income statement and represents the costs associated with goods and services Associated Capital 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 Associated Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Associated Capital 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 Associated Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Associated Capital's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 6.5 M, whereas Total Revenue is forecasted to decline to about 28.3 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses15.5M7.6M23.8M14.6M
Cost Of Revenue24.5M18.9M5.8M5.5M

Associated Capital income statement Correlations

0.41-0.150.080.18-0.360.290.30.81-0.22-0.21-0.58-0.62-0.54-0.58-0.21-0.63-0.74-0.13-0.740.15-0.35
0.41-0.3-0.26-0.16-0.21-0.29-0.240.11-0.03-0.20.020.150.030.09-0.35-0.17-0.25-0.60.02-0.04-0.46
-0.15-0.3-0.16-0.01-0.20.660.260.07-0.12-0.1-0.12-0.33-0.11-0.24-0.32-0.06-0.180.3-0.1-0.110.63
0.08-0.26-0.160.710.070.260.080.1-0.40.850.360.180.380.29-0.180.420.350.19-0.270.90.31
0.18-0.16-0.010.71-0.40.590.380.35-0.860.610.360.040.390.29-0.20.40.280.08-0.540.750.45
-0.36-0.21-0.20.07-0.4-0.67-0.65-0.630.790.230.240.440.230.19-0.010.280.340.310.63-0.21-0.38
0.29-0.290.660.260.59-0.670.70.61-0.70.05-0.21-0.57-0.18-0.29-0.25-0.14-0.270.26-0.70.380.67
0.3-0.240.260.080.38-0.650.70.8-0.53-0.16-0.54-0.73-0.55-0.5-0.14-0.52-0.510.37-0.820.350.42
0.810.110.070.10.35-0.630.610.8-0.47-0.24-0.69-0.84-0.67-0.67-0.22-0.71-0.780.15-0.970.310.04
-0.22-0.03-0.12-0.4-0.860.79-0.7-0.53-0.47-0.35-0.20.11-0.22-0.170.12-0.19-0.080.180.6-0.57-0.54
-0.21-0.2-0.10.850.610.230.05-0.16-0.24-0.350.620.490.630.53-0.160.660.580.050.050.710.35
-0.580.02-0.120.360.360.24-0.21-0.54-0.69-0.20.620.921.00.97-0.020.960.92-0.230.560.250.22
-0.620.15-0.330.180.040.44-0.57-0.73-0.840.110.490.920.90.930.10.860.88-0.320.770.05-0.07
-0.540.03-0.110.380.390.23-0.18-0.55-0.67-0.220.631.00.90.95-0.050.970.91-0.250.530.260.23
-0.580.09-0.240.290.290.19-0.29-0.5-0.67-0.170.530.970.930.950.050.890.89-0.270.560.210.13
-0.21-0.35-0.32-0.18-0.2-0.01-0.25-0.14-0.220.12-0.16-0.020.1-0.050.050.030.19-0.040.23-0.4-0.28
-0.63-0.17-0.060.420.40.28-0.14-0.52-0.71-0.190.660.960.860.970.890.030.96-0.130.550.260.3
-0.74-0.25-0.180.350.280.34-0.27-0.51-0.78-0.080.580.920.880.910.890.190.96-0.10.640.160.23
-0.13-0.60.30.190.080.310.260.370.150.180.05-0.23-0.32-0.25-0.27-0.04-0.13-0.1-0.180.110.07
-0.740.02-0.1-0.27-0.540.63-0.7-0.82-0.970.60.050.560.770.530.560.230.550.64-0.18-0.45-0.18
0.15-0.04-0.110.90.75-0.210.380.350.31-0.570.710.250.050.260.21-0.40.260.160.11-0.450.42
-0.35-0.460.630.310.45-0.380.670.420.04-0.540.350.22-0.070.230.13-0.280.30.230.07-0.180.42
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Associated Capital Account Relationship Matchups

Associated Capital income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization(57.5M)(33.9M)(88.6M)341K360K378K
Interest Expense217K180K310K216K462K595.7K
Selling General Administrative7.2M3.1M8.4M18.9M5.4M6.5M
Total Revenue31.3M19.0M20.9M15.2M55.7M28.3M
Gross Profit1.5M(453K)(3.5M)(3.7M)49.9M52.4M
Other Operating Expenses46.1M31.5M40M26.5M29.6M29.2M
Operating Income(14.9M)(12.5M)(19.1M)48.0M26.1M27.4M
Ebit(14.9M)(12.5M)(19.1M)48.0M26.1M27.4M
Ebitda(72.4M)(46.3M)(107.7M)48.4M26.4M27.8M
Cost Of Revenue29.8M19.4M24.5M18.9M5.8M5.5M
Total Operating Expenses16.3M12.0M15.5M7.6M23.8M14.6M
Income Before Tax55.8M29.9M81.3M(60.5M)46.9M49.2M
Total Other Income Expense Net70.7M42.4M100.4M(108.5M)20.8M11.6M
Net Income39.1M18.8M59.2M(45.5M)37.5M39.3M
Income Tax Expense12.1M9.4M17.7M(14.9M)9.1M9.6M
Net Income Applicable To Common Shares39.2M18.8M59.2M(48.9M)(44.0M)(41.8M)
Minority Interest51.4M209.3M(4.4M)(3.4M)(735K)(698.3K)
Net Income From Continuing Ops42.8M20.5M63.6M(45.5M)35.5M37.3M
Tax Provision12.1M9.4M17.7M(14.9M)6.4M6.8M
Interest Income73.9M8.5M11.8M46.1M22.6M35.4M
Non Operating Income Net Other70.9M42.5M100.7M(49.0M)(56.3M)(53.5M)
Net Interest Income13.2M8.5M11.8M10.4M22.2M14.0M
Reconciled Depreciation30K52K379K341K360K188.4K

Pair Trading with Associated Capital

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 Associated Capital 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 Associated Capital will appreciate offsetting losses from the drop in the long position's value.

Moving against Associated Stock

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The ability to find closely correlated positions to Associated Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Associated Capital 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 Associated Capital - 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 Associated Capital Group to buy it.
The correlation of Associated Capital 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 Associated Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated Capital 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 Associated Capital 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 Associated Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Associated Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Associated Capital Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Associated Capital Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Associated Capital information on this page should be used as a complementary analysis to other Associated Capital's 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Associated Capital's price analysis, check to measure Associated Capital's 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 Associated Capital is operating at the current time. Most of Associated Capital's value examination focuses on studying past and present price action to predict the probability of Associated Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Capital's price. Additionally, you may evaluate how the addition of Associated Capital to your portfolios can decrease your overall portfolio volatility.
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Is Associated Capital's 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 Associated Capital. If investors know Associated 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 Associated Capital 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
0.214
Dividend Share
0.2
Earnings Share
1.72
Revenue Per Share
0.583
Quarterly Revenue Growth
(0.25)
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital'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 Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital'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 Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital'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.