Golden Historical Income Statement

AUMN Stock  USD 0.65  0.04  5.80%   
Historical analysis of Golden Minerals income statement accounts such as Interest Expense of 30.4 K, Selling General Administrative of 9.1 M or Total Revenue of 11.4 M can show how well Golden Minerals performed in making a profits. Evaluating Golden Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Golden Minerals's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Golden Minerals 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 Golden Minerals is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.

About Golden Income Statement Analysis

Golden Minerals 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 Golden Minerals shareholders. The income statement also shows Golden 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).

Golden Minerals Income Statement Chart

Golden Minerals Income Statement is one of the three primary financial statements used for reporting Golden's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Golden Minerals revenue and expense. Golden Minerals Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Golden Minerals' Selling General Administrative is very stable compared to the past year. As of the 17th of April 2024, Cost Of Revenue is likely to grow to about 17.8 M, while Depreciation And Amortization is likely to drop about 785.6 K.

Total Revenue

Total revenue comprises all receipts Golden Minerals 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Golden Minerals. It is also known as Golden Minerals 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 Golden Minerals income statement and represents the costs associated with goods and services Golden Minerals 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 Golden Minerals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Golden Minerals 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 Golden Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.At this time, Golden Minerals' Selling General Administrative is very stable compared to the past year. As of the 17th of April 2024, Cost Of Revenue is likely to grow to about 17.8 M, while Depreciation And Amortization is likely to drop about 785.6 K.
 2021 2022 2023 2024 (projected)
Total Operating Expenses13.1M15.5M6.9M6.5M
Cost Of Revenue13.9M17.9M16.6M17.8M

Golden Minerals income statement Correlations

-0.230.110.26-0.720.61-0.69-0.56-0.440.70.3-0.69-0.71-0.620.07-0.61-0.650.120.540.62-0.18-0.340.34
-0.230.01-0.38-0.27-0.10.07-0.07-0.12-0.1-0.060.070.070.290.380.08-0.130.650.110.41-0.12-0.160.15
0.110.01-0.2-0.170.73-0.19-0.82-0.88-0.030.95-0.16-0.19-0.030.910.03-0.180.590.140.38-0.1-0.10.07
0.26-0.38-0.20.090.34-0.10.040.090.7-0.04-0.1-0.1-0.15-0.25-0.12-0.04-0.350.0-0.23-0.220.57-0.57
-0.72-0.27-0.170.09-0.520.640.640.56-0.65-0.230.630.650.47-0.270.530.7-0.45-0.57-0.78-0.120.48-0.2
0.61-0.10.730.34-0.52-0.49-0.92-0.90.620.85-0.46-0.5-0.320.69-0.27-0.470.480.350.57-0.2-0.04-0.12
-0.690.07-0.19-0.10.64-0.490.520.44-0.52-0.271.01.00.95-0.140.970.98-0.07-0.97-0.550.110.23-0.16
-0.56-0.07-0.820.040.64-0.920.520.99-0.42-0.890.490.520.31-0.820.280.52-0.64-0.41-0.710.120.28-0.09
-0.44-0.12-0.880.090.56-0.90.440.99-0.33-0.920.410.450.22-0.880.20.45-0.68-0.36-0.670.10.25-0.04
0.7-0.1-0.030.7-0.650.62-0.52-0.42-0.330.13-0.51-0.53-0.440.0-0.46-0.520.050.40.37-0.070.1-0.31
0.3-0.060.95-0.04-0.230.85-0.27-0.89-0.920.13-0.24-0.28-0.10.88-0.03-0.240.580.180.47-0.2-0.110.05
-0.690.07-0.16-0.10.63-0.461.00.490.41-0.51-0.241.00.95-0.110.980.98-0.04-0.97-0.530.110.23-0.16
-0.710.07-0.19-0.10.65-0.51.00.520.45-0.53-0.281.00.94-0.150.960.98-0.07-0.96-0.560.120.24-0.16
-0.620.29-0.03-0.150.47-0.320.950.310.22-0.44-0.10.950.940.10.960.870.15-0.9-0.370.060.13-0.1
0.070.380.91-0.25-0.270.69-0.14-0.82-0.880.00.88-0.11-0.150.10.08-0.210.80.150.52-0.17-0.140.09
-0.610.080.03-0.120.53-0.270.970.280.2-0.46-0.030.980.960.960.080.950.11-0.96-0.410.10.18-0.15
-0.65-0.13-0.18-0.040.7-0.470.980.520.45-0.52-0.240.980.980.87-0.210.95-0.19-0.98-0.620.130.26-0.18
0.120.650.59-0.35-0.450.48-0.07-0.64-0.680.050.58-0.04-0.070.150.80.11-0.190.10.74-0.14-0.250.2
0.540.110.140.0-0.570.35-0.97-0.41-0.360.40.18-0.97-0.96-0.90.15-0.96-0.980.10.51-0.12-0.210.17
0.620.410.38-0.23-0.780.57-0.55-0.71-0.670.370.47-0.53-0.56-0.370.52-0.41-0.620.740.51-0.25-0.40.31
-0.18-0.12-0.1-0.22-0.12-0.20.110.120.1-0.07-0.20.110.120.06-0.170.10.13-0.14-0.12-0.25-0.47-0.02
-0.34-0.16-0.10.570.48-0.040.230.280.250.1-0.110.230.240.13-0.140.180.26-0.25-0.21-0.4-0.47-0.61
0.340.150.07-0.57-0.2-0.12-0.16-0.09-0.04-0.310.05-0.16-0.16-0.10.09-0.15-0.180.20.170.31-0.02-0.61
Click cells to compare fundamentals

Golden Minerals Account Relationship Matchups

Golden Minerals income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.0M962K405K369K827K785.7K
Interest Expense201K132K373K11K32K30.4K
Selling General Administrative4.4M4.5M6.4M5.2M5.1M9.1M
Total Revenue7.7M5.6M25.6M23.3M12.0M11.4M
Gross Profit4.3M2.7M11.7M5.4M(4.6M)(4.4M)
Other Operating Expenses11.0M14.4M27.1M33.4M23.4M22.3M
Operating Income(3.3M)(8.8M)(1.5M)(10.1M)(11.4M)(12.0M)
Ebit(3.3M)(8.8M)(1.5M)(10.1M)(11.4M)(12.0M)
Ebitda(254K)(7.8M)(1.1M)(9.8M)(10.6M)(11.1M)
Cost Of Revenue3.5M3.0M13.9M17.9M16.6M17.8M
Total Operating Expenses7.5M11.5M13.1M15.5M6.9M6.5M
Income Before Tax(5.4M)(9.0M)(1.6M)(9.8M)(9.2M)(9.7M)
Net Income(5.4M)(9.1M)(2.1M)(9.9M)(9.2M)(9.7M)
Income Tax Expense35K48K462K88K11K10.5K
Research Development3.1M3.9M4.1M5.0M4.5M4.5M
Total Other Income Expense Net(2.1M)(238K)(167K)328K2.2M2.3M
Net Income Applicable To Common Shares(1.9M)(5.4M)(9.1M)(2.1M)(1.9M)(2.0M)
Net Income From Continuing Ops(5.4M)(9.1M)(2.1M)(9.9M)(12.0M)(12.6M)
Non Operating Income Net Other(16K)(84K)(102K)(106K)(95.4K)(90.6K)
Net Interest Income(201K)(132K)(373K)(11K)19K20.0K
Tax Provision35K48K462K88K178K131.5K
Reconciled Depreciation1.1M962K611K369K508K648.1K

Pair Trading with Golden Minerals

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 Golden Minerals 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 Golden Minerals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Golden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Minerals 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 Golden Minerals - 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 Golden Minerals to buy it.
The correlation of Golden Minerals 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 Golden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Minerals 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 Golden Minerals 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 Golden Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Minerals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Minerals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Minerals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Golden Stock analysis

When running Golden Minerals' price analysis, check to measure Golden Minerals' 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 Golden Minerals is operating at the current time. Most of Golden Minerals' value examination focuses on studying past and present price action to predict the probability of Golden Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Minerals' price. Additionally, you may evaluate how the addition of Golden Minerals to your portfolios can decrease your overall portfolio volatility.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Stocks Directory
Find actively traded stocks across global markets
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Fundamental Analysis
View fundamental data based on most recent published financial statements
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Is Golden Minerals' 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 Golden Minerals. If investors know Golden 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 Golden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.08)
Revenue Per Share
1.405
Quarterly Revenue Growth
(0.94)
Return On Assets
(0.33)
Return On Equity
(1.59)
The market value of Golden Minerals is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Golden Minerals' 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 Golden Minerals' market value can be influenced by many factors that don't directly affect Golden Minerals' 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 Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' 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.