AgriFORCE Historical Income Statement
| AGRI Stock | USD 0.15 0.01 7.14% |
Historical analysis of AgriFORCE Growing income statement accounts such as Interest Expense of 8.4 M, Selling General Administrative of 6.4 M or Total Revenue of 17.1 K can show how well AgriFORCE Growing Systems performed in making a profits. Evaluating AgriFORCE Growing income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AgriFORCE Growing's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AgriFORCE Growing Systems 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 AgriFORCE Growing Systems is a good buy for the upcoming year.
AgriFORCE |
About AgriFORCE Income Statement Analysis
AgriFORCE Growing Systems 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 AgriFORCE Growing shareholders. The income statement also shows AgriFORCE 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).
AgriFORCE Growing Income Statement Chart
AgriFORCE Growing Systems Income Statement is one of the three primary financial statements used for reporting AgriFORCE's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AgriFORCE Growing Systems revenue and expense. AgriFORCE Growing Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, AgriFORCE Growing's Reconciled Depreciation is increasing as compared to previous years. The AgriFORCE Growing's current Cost Of Revenue is estimated to increase to about 3.8 M, while Selling General Administrative is projected to decrease to under 6.4 M. Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AgriFORCE Growing Systems. It is also known as AgriFORCE Growing 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 AgriFORCE Growing's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AgriFORCE Growing Systems 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 AgriFORCE Growing Systems. 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. As of now, AgriFORCE Growing's Reconciled Depreciation is increasing as compared to previous years. The AgriFORCE Growing's current Cost Of Revenue is estimated to increase to about 3.8 M, while Selling General Administrative is projected to decrease to under 6.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 11.8K | 22.4K | 519.4K | 545.4K | Total Operating Expenses | 6.9M | 13.7M | 5.6M | 6.8M |
AgriFORCE Growing income statement Correlations
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AgriFORCE Growing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AgriFORCE Growing income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 15.3K | (132.4K) | (362.7K) | 98.2K | 679.8K | 713.8K | |
| Selling General Administrative | 3.8M | 3.2M | 6.4M | 12.4M | 7.6M | 6.4M | |
| Other Operating Expenses | 5.1M | 3.3M | 6.9M | 13.7M | 9.2M | 7.5M | |
| Operating Income | (5.1M) | (3.3M) | (6.9M) | (13.7M) | (9.2M) | (9.7M) | |
| Net Income From Continuing Ops | (5.1M) | (3.2M) | (6.6M) | (12.9M) | (10.5M) | (11.0M) | |
| Ebit | (5.1M) | (3.3M) | (6.9M) | (13.7M) | (9.2M) | (9.7M) | |
| Research Development | 1.1M | 123.9K | 474.3K | 615.7K | 6.6K | 6.3K | |
| Ebitda | (5.1M) | (3.5M) | (7.3M) | (13.6M) | (8.5M) | (8.9M) | |
| Total Operating Expenses | 5.1M | 3.3M | 6.9M | 13.7M | 5.6M | 6.8M | |
| Reconciled Depreciation | 8.1K | 9.1K | 11.8K | 22.4K | 519.4K | 545.4K | |
| Income Before Tax | (5.1M) | (3.2M) | (6.6M) | (12.9M) | (11.7M) | (11.1M) | |
| Total Other Income Expense Net | (3.6K) | 106.2K | 285.7K | 783.2K | (2.5M) | (2.4M) | |
| Net Income Applicable To Common Shares | (5.6M) | (4.2M) | (7.4M) | (12.9M) | (11.6M) | (11.0M) | |
| Net Income | (5.1M) | (3.1M) | (7.1M) | (9.5M) | (11.7M) | (11.1M) | |
| Income Tax Expense | 3.6K | (123.8K) | 483.5K | (3.4M) | (4.0) | (4.2) |
Pair Trading with AgriFORCE Growing
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 AgriFORCE Growing 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 AgriFORCE Growing will appreciate offsetting losses from the drop in the long position's value.Moving against AgriFORCE Stock
| 0.77 | VITL | Vital FarmsInc Earnings Call This Week | PairCorr |
| 0.77 | HRL | Hormel Foods Financial Report 6th of June 2024 | PairCorr |
| 0.73 | FRPT | Freshpet Earnings Call Tomorrow | PairCorr |
| 0.67 | FREE | Whole Earth Brands Earnings Call This Week | PairCorr |
| 0.65 | DOLE | Dole PLC Financial Report 16th of May 2024 | PairCorr |
The ability to find closely correlated positions to AgriFORCE Growing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AgriFORCE Growing 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 AgriFORCE Growing - 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 AgriFORCE Growing Systems to buy it.
The correlation of AgriFORCE Growing 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 AgriFORCE Growing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AgriFORCE Growing Systems 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 AgriFORCE Growing 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 AgriFORCE Growing Systems. 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. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for AgriFORCE Stock analysis
When running AgriFORCE Growing's price analysis, check to measure AgriFORCE Growing'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 AgriFORCE Growing is operating at the current time. Most of AgriFORCE Growing's value examination focuses on studying past and present price action to predict the probability of AgriFORCE Growing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AgriFORCE Growing's price. Additionally, you may evaluate how the addition of AgriFORCE Growing to your portfolios can decrease your overall portfolio volatility.
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Is AgriFORCE Growing'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 AgriFORCE Growing. If investors know AgriFORCE 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 AgriFORCE Growing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (505.50) | Revenue Per Share 0.014 | Return On Assets (0.27) | Return On Equity (1.23) |
The market value of AgriFORCE Growing Systems is measured differently than its book value, which is the value of AgriFORCE that is recorded on the company's balance sheet. Investors also form their own opinion of AgriFORCE Growing's value that differs from its market value or its book value, called intrinsic value, which is AgriFORCE Growing'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 AgriFORCE Growing's market value can be influenced by many factors that don't directly affect AgriFORCE Growing'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 AgriFORCE Growing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AgriFORCE Growing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AgriFORCE Growing'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.