Api Historical Income Statement
| APG Stock | USD 37.83 0.74 1.92% |
Historical analysis of Api GroupCorp income statement accounts such as Interest Income of 72.5 M, Interest Expense of 152.2 M or Selling General Administrative of 1.6 B can show how well Api GroupCorp performed in making a profits. Evaluating Api GroupCorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Api GroupCorp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Api GroupCorp 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 Api GroupCorp is a good buy for the upcoming year.
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About Api Income Statement Analysis
Api GroupCorp 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 Api GroupCorp shareholders. The income statement also shows Api 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).
Api GroupCorp Income Statement Chart
Api GroupCorp Income Statement is one of the three primary financial statements used for reporting Api's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Api GroupCorp revenue and expense. Api GroupCorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Api GroupCorp's Interest Expense is most likely to increase significantly in the upcoming years. The Api GroupCorp's current Selling General Administrative is estimated to increase to about 1.6 B, while Gross Profit is projected to decrease to roughly 971.4 M. Add Fundamental
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Total Revenue
Total revenue comprises all receipts Api GroupCorp 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 Api GroupCorp minus its cost of goods sold. It is profit before Api GroupCorp 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 Api GroupCorp income statement and represents the costs associated with goods and services Api GroupCorp 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 Api GroupCorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Api GroupCorp 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 Api GroupCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Api Stock please use our How to Invest in Api GroupCorp guide.At this time, Api GroupCorp's Interest Expense is most likely to increase significantly in the upcoming years. The Api GroupCorp's current Selling General Administrative is estimated to increase to about 1.6 B, while Gross Profit is projected to decrease to roughly 971.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 939M | 1.7B | 1.7B | 971.4M | Total Revenue | 3.9B | 6.6B | 6.9B | 4.1B |
Api GroupCorp income statement Correlations
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Api GroupCorp Account Relationship Matchups
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Api GroupCorp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Income | 22M | 35M | 52M | 60M | 69M | 72.5M | |
| Interest Expense | 15M | 52M | 60M | 125M | 145M | 152.3M | |
| Selling General Administrative | 359M | 725M | 803M | 1.5B | 1.6B | 1.6B | |
| Total Revenue | 985M | 3.6B | 3.9B | 6.6B | 6.9B | 4.1B | |
| Gross Profit | 198M | 756M | 939M | 1.7B | 1.7B | 971.4M | |
| Operating Income | 162M | (161M) | 31M | 136M | 359M | 377.0M | |
| Cost Of Revenue | 787M | 2.8B | 3.0B | 4.8B | 5.2B | 3.2B | |
| Income Before Tax | (151M) | (184M) | 79M | 93M | 232M | 243.6M | |
| Net Income Applicable To Common Shares | (67M) | (375M) | (137M) | 29M | 26.1M | 27.4M | |
| Net Interest Income | (15M) | (52M) | (60M) | (125M) | (145M) | (137.8M) | |
| Other Operating Expenses | 1.1B | 3.6B | 3.8B | 6.4B | 6.6B | 4.4B | |
| Ebit | 162M | (161M) | 31M | 136M | 359M | 377.0M | |
| Ebitda | (92M) | 294M | 338M | 508M | 662M | 346.2M | |
| Total Operating Expenses | 359M | 725M | 803M | 1.6B | 1.4B | 936.4M | |
| Total Other Income Expense Net | 10M | (215M) | (57M) | (69M) | (127M) | (120.7M) | |
| Income Tax Expense | 2M | (31M) | 32M | 20M | 79M | 83.0M |
Pair Trading with Api GroupCorp
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 Api GroupCorp 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 Api GroupCorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Api Stock
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| 0.93 | DY | Dycom Industries Financial Report 22nd of May 2024 | PairCorr |
Moving against Api Stock
| 0.75 | VATE | Innovate Corp | PairCorr |
The ability to find closely correlated positions to Api GroupCorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Api GroupCorp 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 Api GroupCorp - 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 Api GroupCorp to buy it.
The correlation of Api GroupCorp 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 Api GroupCorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Api GroupCorp 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 Api GroupCorp 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 Api GroupCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Api Stock please use our How to Invest in Api GroupCorp guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Api Stock analysis
When running Api GroupCorp's price analysis, check to measure Api GroupCorp'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 Api GroupCorp is operating at the current time. Most of Api GroupCorp's value examination focuses on studying past and present price action to predict the probability of Api GroupCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Api GroupCorp's price. Additionally, you may evaluate how the addition of Api GroupCorp to your portfolios can decrease your overall portfolio volatility.
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Is Api GroupCorp'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 Api GroupCorp. If investors know Api 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 Api GroupCorp 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 1.595 | Earnings Share (0.68) | Revenue Per Share 29.464 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0296 |
The market value of Api GroupCorp is measured differently than its book value, which is the value of Api that is recorded on the company's balance sheet. Investors also form their own opinion of Api GroupCorp's value that differs from its market value or its book value, called intrinsic value, which is Api GroupCorp'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 Api GroupCorp's market value can be influenced by many factors that don't directly affect Api GroupCorp'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 Api GroupCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Api GroupCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Api GroupCorp'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.