Boralex Historical Income Statement
BLX Stock | CAD 26.52 0.12 0.45% |
Historical analysis of Boralex income statement accounts such as Total Revenue of 1.1 B, Operating Income of 258.3 M or Ebitda of 626.7 M can show how well Boralex performed in making a profits. Evaluating Boralex income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Boralex's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Boralex 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 Boralex is a good buy for the upcoming year.
Boralex |
About Boralex Income Statement Analysis
Boralex 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 Boralex shareholders. The income statement also shows Boralex 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).
Boralex Income Statement Chart
Boralex Income Statement is one of the three primary financial statements used for reporting Boralex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Boralex revenue and expense. Boralex Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Boralex's Selling General Administrative is very stable compared to the past year. As of the 18th of April 2024, Other Operating Expenses is likely to grow to about 874.2 M, while EBIT is likely to drop about 64.9 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Boralex 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.Operating Income
Operating Income is the amount of profit realized from Boralex 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 Boralex 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 Boralex's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Boralex 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 Boralex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Boralex's Selling General Administrative is very stable compared to the past year. As of the 18th of April 2024, Other Operating Expenses is likely to grow to about 874.2 M, while EBIT is likely to drop about 64.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 182M | 112M | 246M | 258.3M | Total Revenue | 691M | 836M | 1.0B | 1.1B |
Boralex income statement Correlations
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Boralex Account Relationship Matchups
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High Negative Relationship
Boralex income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 118M | 126M | 107M | 123M | 117M | 129.2M | |
Total Revenue | 574M | 633M | 691M | 836M | 1.0B | 1.1B | |
Operating Income | 146M | 172M | 182M | 112M | 246M | 258.3M | |
Ebitda | 445M | 428M | 472M | 519M | 596.9M | 626.7M | |
Net Income | (43M) | 55M | 26M | 8M | 78M | 81.9M | |
Depreciation And Amortization | 299M | 256M | 290M | 407M | 468.1M | 491.5M | |
Selling General Administrative | 35M | 44M | 37M | 55M | 64M | 67.2M | |
Other Operating Expenses | 429M | 454M | 505M | 724M | 832.6M | 874.2M | |
Ebit | 66M | 146M | 172M | 182M | 128.8M | 64.9M | |
Total Operating Expenses | 302M | 303M | 352M | 466M | 776M | 814.8M | |
Income Before Tax | (48M) | 66M | 44M | 18M | 154M | 161.7M | |
Total Other Income Expense Net | (194M) | (106M) | (138M) | (94M) | 37M | 38.9M | |
Income Tax Expense | (5M) | 5M | 18M | 10M | 9M | 9.5M | |
Gross Profit | 447M | 482M | 538M | 578M | 602M | 632.1M | |
Cost Of Revenue | 127M | 151M | 153M | 258M | 424M | 445.2M | |
Research Development | 26M | 24M | 23M | 33M | 40M | 42M | |
Net Income From Continuing Ops | (43M) | 61M | 26M | 8M | 115M | 120.8M | |
Net Income Applicable To Common Shares | (39M) | 55M | 17M | 30M | 34.5M | 36.2M | |
Minority Interest | 15M | 2M | (9M) | 22M | (37M) | (35.2M) | |
Tax Provision | (5M) | 5M | 18M | 10M | 39M | 41.0M | |
Interest Income | 127M | 88M | 135M | 93M | 16M | 15.2M | |
Net Interest Income | (141M) | (113M) | (144M) | (130M) | (129M) | (135.5M) | |
Reconciled Depreciation | 299M | 237M | 297M | 380M | 293M | 300.0M |
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 Boralex 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, Boralex's short interest history, or implied volatility extrapolated from Boralex options trading.
Pair Trading with Boralex
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 Boralex 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 Boralex will appreciate offsetting losses from the drop in the long position's value.Moving against Boralex Stock
0.72 | ETHC | Ether Capital Corp | PairCorr |
0.67 | KDA | KDA Group | PairCorr |
The ability to find closely correlated positions to Boralex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boralex 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 Boralex - 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 Boralex to buy it.
The correlation of Boralex 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 Boralex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boralex 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 Boralex 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Boralex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Boralex Stock analysis
When running Boralex's price analysis, check to measure Boralex'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 Boralex is operating at the current time. Most of Boralex's value examination focuses on studying past and present price action to predict the probability of Boralex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boralex's price. Additionally, you may evaluate how the addition of Boralex to your portfolios can decrease your overall portfolio volatility.
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