Establishment Historical Income Statement
| ESTA Stock | USD 52.15 0.41 0.79% |
Historical analysis of Establishment Labs income statement accounts such as Selling General Administrative of 74 M or Total Revenue of 92 M can show how well Establishment Labs Holdings performed in making a profits. Evaluating Establishment Labs income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Establishment Labs's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Establishment Labs 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 Establishment Labs is a good buy for the upcoming year.
Establishment |
About Establishment Income Statement Analysis
Establishment Labs 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 Establishment Labs shareholders. The income statement also shows Establishment 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).
Establishment Labs Income Statement Chart
Establishment Labs Holdings Income Statement is one of the three primary financial statements used for reporting Establishment's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Establishment Labs revenue and expense. Establishment Labs Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Establishment Labs' Interest Income is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 3.4 M, whereas Interest Expense is forecasted to decline to about 9.4 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Establishment Labs 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 Establishment Labs Holdings minus its cost of goods sold. It is profit before Establishment Labs 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.Cost Of Revenue
Cost of Revenue is found on Establishment Labs income statement and represents the costs associated with goods and services Establishment Labs 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 Establishment Labs' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Establishment Labs 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 Establishment Labs Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At present, Establishment Labs' Interest Income is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 3.4 M, whereas Interest Expense is forecasted to decline to about 9.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 85.4M | 106.6M | 107.0M | 58.1M | Total Revenue | 126.7M | 161.7M | 165.2M | 92.0M |
Establishment Labs income statement Correlations
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Establishment Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Establishment Labs income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Income | 4K | 15K | 23K | 87K | 541K | 568.1K | |
| Interest Expense | 8.7M | 9.4M | 9.1M | 11.8M | 15.4M | 9.4M | |
| Selling General Administrative | 70.8M | 66.6M | 92.2M | 126.0M | 143.5M | 74.0M | |
| Total Revenue | 89.6M | 84.7M | 126.7M | 161.7M | 165.2M | 92.0M | |
| Gross Profit | 54.9M | 52.5M | 85.4M | 106.6M | 107.0M | 58.1M | |
| Operating Income | (30.9M) | (27.9M) | (25.1M) | (39.7M) | (65.0M) | (61.8M) | |
| Cost Of Revenue | 34.7M | 32.2M | 41.3M | 55.1M | 58.2M | 34.0M | |
| Income Before Tax | (37.5M) | (38.0M) | (39.7M) | (72.8M) | (78.6M) | (74.7M) | |
| Net Income Applicable To Common Shares | (38.2M) | (38.1M) | (41.1M) | (75.2M) | (67.7M) | (64.3M) | |
| Net Income | (38.2M) | (38.1M) | (41.1M) | (75.2M) | (78.5M) | (74.6M) | |
| Tax Provision | 640K | 104K | 1.4M | 2.4M | 3.2M | 3.4M | |
| Net Interest Income | (8.7M) | (9.4M) | (9.0M) | (11.7M) | (12.7M) | (13.3M) | |
| Depreciation And Amortization | (1.2M) | (2.7M) | (6.2M) | (3.1M) | 4.9M | 5.1M | |
| Other Operating Expenses | 120.5M | 112.6M | 151.8M | 201.4M | 230.2M | 136.4M | |
| Net Income From Continuing Ops | (38.2M) | (38.1M) | (41.1M) | (75.2M) | (71.5M) | (67.9M) | |
| Ebit | (30.9M) | (27.9M) | (25.1M) | (39.7M) | (65.0M) | (61.8M) | |
| Research Development | 15.0M | 13.8M | 18.3M | 20.3M | 26.4M | 16.0M | |
| Ebitda | (32.1M) | (30.6M) | (31.4M) | (42.7M) | (60.1M) | (57.1M) | |
| Total Operating Expenses | 85.8M | 80.4M | 110.5M | 146.3M | 172.0M | 98.8M | |
| Total Other Income Expense Net | (6.6M) | (10.1M) | (14.6M) | (33.2M) | (13.6M) | (14.2M) | |
| Income Tax Expense | 640K | 104K | 1.4M | 2.4M | (81K) | (77.0K) | |
| Reconciled Depreciation | 3.3M | 3.7M | 4.1M | 4.3M | 4.6M | 3.9M |
Pair Trading with Establishment Labs
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 Establishment Labs 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 Establishment Labs will appreciate offsetting losses from the drop in the long position's value.Moving together with Establishment Stock
| 0.77 | ELMD | Electromed | PairCorr |
| 0.72 | FEMY | Femasys Financial Report 9th of May 2024 | PairCorr |
Moving against Establishment Stock
| 0.9 | IVP | Inspire Veterinary | PairCorr |
| 0.89 | TFX | Teleflex Incorporated Financial Report 2nd of May 2024 | PairCorr |
| 0.86 | EMBC | Embecta Corp Financial Report 10th of May 2024 | PairCorr |
| 0.67 | DYNT | Dynatronics Financial Report 9th of May 2024 | PairCorr |
| 0.53 | AHG | Akso Health Group | PairCorr |
The ability to find closely correlated positions to Establishment Labs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Establishment Labs 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 Establishment Labs - 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 Establishment Labs Holdings to buy it.
The correlation of Establishment Labs 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 Establishment Labs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Establishment Labs 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 Establishment Labs 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Establishment Labs Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Establishment Stock analysis
When running Establishment Labs' price analysis, check to measure Establishment Labs' 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 Establishment Labs is operating at the current time. Most of Establishment Labs' value examination focuses on studying past and present price action to predict the probability of Establishment Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Establishment Labs' price. Additionally, you may evaluate how the addition of Establishment Labs to your portfolios can decrease your overall portfolio volatility.
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Is Establishment Labs' 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 Establishment Labs. If investors know Establishment 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 Establishment Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.07) | Revenue Per Share 6.451 | Quarterly Revenue Growth (0.28) | Return On Assets (0.17) | Return On Equity (15.38) |
The market value of Establishment Labs is measured differently than its book value, which is the value of Establishment that is recorded on the company's balance sheet. Investors also form their own opinion of Establishment Labs' value that differs from its market value or its book value, called intrinsic value, which is Establishment Labs' 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 Establishment Labs' market value can be influenced by many factors that don't directly affect Establishment Labs' 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 Establishment Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Establishment Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Establishment Labs' 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.