Canadian Historical Income Statement
| CAR-UN Stock | CAD 43.22 0.39 0.91% |
Historical analysis of Canadian Apartment income statement accounts such as Interest Expense of 217.3 M, Total Revenue of 1.1 B or Other Operating Expenses of 505.8 M can show how well Canadian Apartment Properties performed in making a profits. Evaluating Canadian Apartment income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Canadian Apartment's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Canadian Apartment 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 Canadian Apartment is a good buy for the upcoming year.
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About Canadian Income Statement Analysis
Canadian Apartment 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 Canadian Apartment shareholders. The income statement also shows Canadian 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).
Canadian Apartment Income Statement Chart
Canadian Apartment Properties Income Statement is one of the three primary financial statements used for reporting Canadian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Canadian Apartment revenue and expense. Canadian Apartment Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Canadian Apartment's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.1 B, whereas Depreciation And Amortization is forecasted to decline to about 29.2 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Canadian Apartment 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 Canadian Apartment. It is also known as Canadian Apartment 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.Operating Income
Operating Income is the amount of profit realized from Canadian Apartment operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Canadian Apartment Properties is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Canadian Apartment's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Canadian Apartment 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 Canadian Apartment Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. At present, Canadian Apartment's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.1 B, whereas Depreciation And Amortization is forecasted to decline to about 29.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 397.9M | 418.9M | 481.7M | 505.8M | Total Revenue | 933.1M | 1.0B | 1.1B | 1.1B |
Canadian Apartment income statement Correlations
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Canadian Apartment Account Relationship Matchups
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Canadian Apartment income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 18.7M | 34.0M | 25.2M | 26.3M | 30.2M | 29.2M | |
| Interest Expense | 135.2M | 146.1M | 150.4M | 182.9M | 207.0M | 217.3M | |
| Total Revenue | 777.9M | 882.6M | 933.1M | 1.0B | 1.1B | 1.1B | |
| Other Operating Expenses | 337.1M | 360.6M | 397.9M | 418.9M | 481.7M | 505.8M | |
| Operating Income | 425.2M | 553.6M | 516.1M | 728.1M | 615.9M | 646.7M | |
| Ebit | 425.2M | 553.6M | 516.1M | 728.1M | 837.3M | 879.2M | |
| Ebitda | 443.9M | 587.5M | 541.4M | 754.4M | 867.6M | 910.9M | |
| Total Operating Expenses | 67.4M | 56.1M | 74.7M | 4.0M | 449.4M | 471.8M | |
| Net Income | 1.2B | 925.9M | 1.4B | 13.6M | (411.6M) | (391.0M) | |
| Selling General Administrative | 61.1M | 48.4M | 66.5M | 3.4M | 8.3M | 7.8M | |
| Total Other Income Expense Net | 792.6M | 400.9M | 957.8M | (724.5M) | (893.7M) | (849.0M) | |
| Gross Profit | 508.2M | 578.2M | 610.0M | 592.4M | 630.4M | 398.6M | |
| Cost Of Revenue | 269.7M | 304.5M | 323.1M | 414.8M | 434.9M | 258.9M | |
| Income Before Tax | 1.2B | 954.5M | 1.5B | 3.6M | (488.1M) | (463.7M) | |
| Income Tax Expense | 22.4M | 28.6M | 81.2M | (10.0M) | (11.5M) | (11.0M) | |
| Net Income From Continuing Ops | 1.2B | 925.9M | 1.4B | 13.6M | (411.6M) | (391.0M) | |
| Net Income Applicable To Common Shares | 1.2B | 925.9M | 1.4B | 13.6M | 15.7M | 14.9M | |
| Net Interest Income | (135.2M) | (164.6M) | (159.7M) | (180.9M) | (210.3M) | (220.8M) | |
| Tax Provision | 22.4M | 28.6M | 81.2M | (10.0M) | (76.5M) | (72.7M) | |
| Reconciled Depreciation | 18.7M | 34.0M | 25.2M | 26.3M | 6.2M | 5.9M |
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 Canadian Apartment 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, Canadian Apartment's short interest history, or implied volatility extrapolated from Canadian Apartment options trading.
Pair Trading with Canadian Apartment
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 Canadian Apartment 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 Canadian Apartment will appreciate offsetting losses from the drop in the long position's value.Moving against Canadian Stock
| 0.87 | MNT | Royal Canadian Mint | PairCorr |
| 0.79 | BRC | Blackrock Silver Corp Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Canadian Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Apartment 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 Canadian Apartment - 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 Canadian Apartment Properties to buy it.
The correlation of Canadian Apartment 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 Canadian Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Apartment 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 Canadian Apartment 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 Canadian Apartment Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Canadian Stock analysis
When running Canadian Apartment's price analysis, check to measure Canadian Apartment'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 Canadian Apartment is operating at the current time. Most of Canadian Apartment's value examination focuses on studying past and present price action to predict the probability of Canadian Apartment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Apartment's price. Additionally, you may evaluate how the addition of Canadian Apartment to your portfolios can decrease your overall portfolio volatility.
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