Gold Historical Income Statement
GORO Stock | USD 0.43 0.03 7.50% |
Historical analysis of Gold Resource income statement accounts such as Gross Profit of 34.4 M or Other Operating Expenses of 71.4 M can show how well Gold Resource performed in making a profits. Evaluating Gold Resource income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gold Resource's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Gold Resource 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 Gold Resource is a good buy for the upcoming year.
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About Gold Income Statement Analysis
Gold Resource 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 Gold Resource shareholders. The income statement also shows Gold 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).
Gold Resource Income Statement Chart
Gold Resource Income Statement is one of the three primary financial statements used for reporting Gold's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Gold Resource revenue and expense. Gold Resource Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Gold Resource's Depreciation And Amortization is very stable compared to the past year. As of the 28th of March 2024, Selling General Administrative is likely to grow to about 11 M, while Interest Expense is likely to drop about 1.4 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Gold Resource 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 Gold Resource minus its cost of goods sold. It is profit before Gold Resource 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 Gold Resource. It is also known as Gold Resource 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Gold Resource's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gold Resource 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Resource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.At this time, Gold Resource's Depreciation And Amortization is very stable compared to the past year. As of the 28th of March 2024, Selling General Administrative is likely to grow to about 11 M, while Interest Expense is likely to drop about 1.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 36.7M | 29.7M | 21.6M | 34.4M | Total Revenue | 125.2M | 138.7M | 97.7M | 101.9M |
Gold Resource income statement Correlations
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Gold Resource Account Relationship Matchups
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Gold Resource income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 679K | 10.2M | 11.4M | 906K | 1.6M | 1.4M | |
Total Revenue | 135.4M | 90.7M | 125.2M | 138.7M | 97.7M | 101.9M | |
Gross Profit | 29.1M | 12.5M | 36.7M | 29.7M | 21.6M | 34.4M | |
Other Operating Expenses | 120.7M | 91.2M | 102.1M | 123.2M | 76.1M | 71.4M | |
Operating Income | 14.2M | (248K) | 29.0M | 5.7M | 21.6M | 22.7M | |
Ebit | 14.2M | (248K) | 29.0M | 5.7M | 21.6M | 22.7M | |
Ebitda | 37.5M | 17.4M | 45.2M | 33.1M | 47.7M | 50.1M | |
Total Operating Expenses | 14.5M | 13.0M | 13.6M | 14.2M | 114.8M | 120.5M | |
Net Income | 5.8M | (6.3M) | 8.0M | (6.3M) | (16M) | (15.2M) | |
Income Tax Expense | 9.1M | 5.6M | 9.6M | 8.6M | 16M | 8.2M | |
Depreciation And Amortization | 23.3M | 17.6M | 16.1M | 27.4M | 26.1M | 27.4M | |
Income Before Tax | 14.9M | (758K) | 17.6M | 2.2M | (21.3M) | (20.2M) | |
Total Other Income Expense Net | 679K | (510K) | (11.4M) | (3.5M) | (21.6M) | (20.5M) | |
Selling General Administrative | 9.9M | 10.6M | 8.7M | 10.0M | 8.4M | 11.0M | |
Cost Of Revenue | 106.3M | 78.2M | 88.4M | 109.0M | 76.1M | 69.7M | |
Net Income From Continuing Ops | 5.2M | (5.1M) | 7.0M | (10.6M) | (16.2M) | (15.4M) | |
Non Operating Income Net Other | (632K) | 1.2M | (1.0M) | (4.3M) | (3.9M) | (3.7M) | |
Net Income Applicable To Common Shares | 5.8M | 4.4M | 8.0M | (6.3M) | (5.7M) | (5.4M) | |
Tax Provision | 9.1M | 5.6M | 9.6M | 8.6M | (5.0M) | (4.8M) | |
Reconciled Depreciation | 23.3M | 17.6M | 16.1M | 27.4M | 27.0M | 22.3M |
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 Gold Resource 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, Gold Resource's short interest history, or implied volatility extrapolated from Gold Resource options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Resource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Gold Stock analysis
When running Gold Resource's price analysis, check to measure Gold Resource'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 Gold Resource is operating at the current time. Most of Gold Resource's value examination focuses on studying past and present price action to predict the probability of Gold Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Resource's price. Additionally, you may evaluate how the addition of Gold Resource to your portfolios can decrease your overall portfolio volatility.
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Is Gold Resource'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 Gold Resource. If investors know Gold 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 Gold Resource 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 0.742 | Earnings Share (0.19) | Revenue Per Share 1.232 | Quarterly Revenue Growth (0.14) | Return On Assets (0.05) |
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource'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 Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource'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 Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource'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.