Electro Historical Income Statement

ELSE Stock  USD 4.27  0.13  3.14%   
Historical analysis of Electro Sensors income statement accounts such as Total Revenue of 6.7 M or Gross Profit of 3.8 M can show how well Electro Sensors performed in making a profits. Evaluating Electro Sensors income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Electro Sensors's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Electro-Sensors 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 Electro-Sensors is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electro Sensors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.

About Electro Income Statement Analysis

Electro-Sensors 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 Electro Sensors shareholders. The income statement also shows Electro 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).

Electro Sensors Income Statement Chart

Electro Sensors Income Statement is one of the three primary financial statements used for reporting Electro's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Electro-Sensors revenue and expense. Electro Sensors Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Electro Sensors' EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 726.3 K, whereas Total Revenue is forecasted to decline to about 6.7 M.

Total Revenue

Total revenue comprises all receipts Electro-Sensors 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 Electro Sensors minus its cost of goods sold. It is profit before Electro Sensors 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 Electro-Sensors. It is also known as Electro Sensors 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 Electro-Sensors income statement and represents the costs associated with goods and services Electro Sensors 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 Electro Sensors' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Electro-Sensors 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electro Sensors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.At present, Electro Sensors' EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 726.3 K, whereas Total Revenue is forecasted to decline to about 6.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.7M4.8M4.2M3.8M
Total Revenue8.6M9.0M8.6M6.7M

Electro Sensors income statement Correlations

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0.260.080.170.08-0.070.090.180.00.150.50.750.540.430.2-0.110.240.540.780.330.36-0.170.16-0.12
0.450.080.970.99-0.65-0.49-0.320.980.96-0.48-0.12-0.39-0.580.630.520.48-0.39-0.1-0.66-0.650.26-0.290.2
0.450.170.970.94-0.58-0.43-0.270.90.94-0.36-0.03-0.26-0.50.550.460.5-0.260.01-0.56-0.580.17-0.260.08
0.50.080.990.94-0.75-0.56-0.370.980.99-0.56-0.15-0.47-0.650.670.530.56-0.47-0.12-0.71-0.680.29-0.270.21
-0.5-0.07-0.65-0.58-0.750.740.56-0.68-0.790.640.170.60.72-0.68-0.38-0.630.620.220.760.69-0.520.35-0.37
-0.150.09-0.49-0.43-0.560.740.94-0.51-0.580.34-0.050.280.44-0.19-0.05-0.460.310.00.440.36-0.40.28-0.3
0.20.18-0.32-0.27-0.370.560.94-0.35-0.380.2-0.090.160.3-0.010.02-0.240.190.020.260.17-0.470.43-0.42
0.430.00.980.90.98-0.68-0.51-0.350.94-0.55-0.18-0.48-0.620.660.550.45-0.47-0.18-0.7-0.680.32-0.30.29
0.550.150.960.940.99-0.79-0.58-0.380.94-0.54-0.12-0.45-0.650.650.50.63-0.45-0.08-0.7-0.670.26-0.230.14
-0.370.5-0.48-0.36-0.560.640.340.2-0.55-0.540.850.990.96-0.5-0.48-0.370.990.810.890.86-0.260.12-0.11
-0.10.75-0.12-0.03-0.150.17-0.05-0.09-0.18-0.120.850.880.76-0.18-0.33-0.060.870.950.650.67-0.090.010.05
-0.320.54-0.39-0.26-0.470.60.280.16-0.48-0.450.990.880.92-0.48-0.48-0.311.00.850.870.84-0.270.12-0.12
-0.380.43-0.58-0.5-0.650.720.440.3-0.62-0.650.960.760.92-0.5-0.41-0.480.920.740.910.88-0.340.22-0.15
0.530.20.630.550.67-0.68-0.19-0.010.660.65-0.5-0.18-0.48-0.50.720.3-0.5-0.25-0.69-0.690.45-0.380.42
0.2-0.110.520.460.53-0.38-0.050.020.550.5-0.48-0.33-0.48-0.410.720.0-0.49-0.35-0.55-0.520.24-0.410.18
0.630.240.480.50.56-0.63-0.46-0.240.450.63-0.37-0.06-0.31-0.480.30.0-0.320.08-0.5-0.440.190.14-0.17
-0.330.54-0.39-0.26-0.470.620.310.19-0.47-0.450.990.871.00.92-0.5-0.49-0.320.850.880.85-0.320.17-0.15
0.050.78-0.10.01-0.120.220.00.02-0.18-0.080.810.950.850.74-0.25-0.350.080.850.660.67-0.320.27-0.24
-0.520.33-0.66-0.56-0.710.760.440.26-0.7-0.70.890.650.870.91-0.69-0.55-0.50.880.660.98-0.420.28-0.21
-0.550.36-0.65-0.58-0.680.690.360.17-0.68-0.670.860.670.840.88-0.69-0.52-0.440.850.670.98-0.360.25-0.18
-0.19-0.170.260.170.29-0.52-0.4-0.470.320.26-0.26-0.09-0.27-0.340.450.240.19-0.32-0.32-0.42-0.36-0.820.87
0.420.16-0.29-0.26-0.270.350.280.43-0.3-0.230.120.010.120.22-0.38-0.410.140.170.270.280.25-0.82-0.81
-0.33-0.120.20.080.21-0.37-0.3-0.420.290.14-0.110.05-0.12-0.150.420.18-0.17-0.15-0.24-0.21-0.180.87-0.81
Click cells to compare fundamentals

Electro Sensors Account Relationship Matchups

Electro Sensors income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization320K360K314K145K94K159.9K
Total Revenue8.3M7.6M8.6M9.0M8.6M6.7M
Gross Profit4.4M3.9M4.7M4.8M4.2M3.8M
Other Operating Expenses8.3M7.8M8.2M9.1M8.6M6.3M
Operating Income188K(169K)441K73K(28K)(26.6K)
Ebit188K(169K)441K73K(28K)(26.6K)
Ebitda508K191K755K218K66K104.6K
Cost Of Revenue3.9M3.7M3.9M4.2M4.3M2.9M
Total Operating Expenses4.4M4.1M4.2M4.9M4.3M3.4M
Income Before Tax186K(172K)459K72K378K726.3K
Total Other Income Expense Net(2K)(3K)18K(1K)406K379.6K
Net Income187K(124K)410K100K275K477.6K
Income Tax Expense(1K)(48K)49K(28K)103K97.9K
Research Development813K811K836K876K973K805.9K
Selling General Administrative1.7M1.7M2.0M2.5M2.0M1.5M
Net Income Applicable To Common Shares187K(124K)410K100K90K85.5K
Selling And Marketing Expenses1.9M1.6M1.4M1.5M1.3M1.6M
Net Income From Continuing Ops187K(124K)410K100K275K371.3K
Tax Provision(1K)(48K)49K(28K)103K67.7K
Interest Income209K36K5K110K407K211.8K
Net Interest Income207K33K4K109K406K426.3K
Reconciled Depreciation320K360K295K145K94K89.3K

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 against Electro Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Electro-Sensors is a strong investment it is important to analyze Electro Sensors' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Electro Sensors' future performance. For an informed investment choice regarding Electro Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electro Sensors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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
(0.94)
Earnings Share
0.08
Revenue Per Share
2.44
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0432
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.