Compass Historical Income Statement
| CMPS Stock | USD 7.86 0.68 7.96% |
Historical analysis of Compass PathwaysPlc income statement accounts such as Depreciation And Amortization of 230.8 K, Interest Expense of 2.1 M or Selling General Administrative of 31.9 M can show how well Compass PathwaysPlc performed in making a profits. Evaluating Compass PathwaysPlc income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Compass PathwaysPlc's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Compass PathwaysPlc 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 Compass PathwaysPlc is a good buy for the upcoming year.
Compass |
About Compass Income Statement Analysis
Compass PathwaysPlc 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 Compass PathwaysPlc shareholders. The income statement also shows Compass 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).
Compass PathwaysPlc Income Statement Chart
Compass PathwaysPlc Income Statement is one of the three primary financial statements used for reporting Compass's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Compass PathwaysPlc revenue and expense. Compass PathwaysPlc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Compass PathwaysPlc's Tax Provision is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 462 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 230.8 K in 2024. Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Compass PathwaysPlc. It is also known as Compass PathwaysPlc 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 Compass PathwaysPlc's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Compass PathwaysPlc 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 Compass PathwaysPlc. 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 information on how to buy Compass Stock please use our How to Invest in Compass PathwaysPlc guide.At this time, Compass PathwaysPlc's Tax Provision is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 462 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 230.8 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 175K | 330K | 440K | 462K | Total Operating Expenses | 73.6M | 96.0M | 137.2M | 70.2M |
Compass PathwaysPlc income statement Correlations
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Compass PathwaysPlc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Compass PathwaysPlc income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 15K | 32K | 199K | 408K | 478K | 501.9K | |
| Depreciation And Amortization | 2.8M | 15.9M | 7.7M | 13.6M | 242.9K | 230.8K | |
| Interest Expense | 1.1M | 24.7M | 4.2M | 6.0M | 2.2M | 2.1M | |
| Selling General Administrative | 8.6M | 28.0M | 39.2M | 45.4M | 49.4M | 31.9M | |
| Other Operating Expenses | 18.5M | 47.1M | 73.6M | 96.0M | 137.4M | 70.2M | |
| Operating Income | (21.2M) | (51.4M) | (83.2M) | (110.4M) | (137.4M) | (130.6M) | |
| Net Income From Continuing Ops | (19.6M) | (60.3M) | (71.7M) | (91.5M) | (116.9M) | (111.0M) | |
| Ebit | (21.2M) | (51.4M) | (83.2M) | (110.4M) | (137.4M) | (130.6M) | |
| Research Development | 12.6M | 23.4M | 44.0M | 65.1M | 87.9M | 44.3M | |
| Ebitda | (18.4M) | (35.4M) | (75.6M) | (96.8M) | (137.2M) | (130.3M) | |
| Total Operating Expenses | 18.5M | 47.1M | 73.6M | 96.0M | 137.2M | 70.2M | |
| Reconciled Depreciation | 63K | 112K | 175K | 330K | 440K | 462K | |
| Income Before Tax | (19.6M) | (60.3M) | (71.5M) | (91.1M) | (131.1M) | (124.5M) | |
| Total Other Income Expense Net | 1.6M | (8.9M) | 11.7M | 19.3M | 6.4M | 5.0M | |
| Net Income Applicable To Common Shares | (19.6M) | (60.3M) | (71.7M) | (91.5M) | (82.4M) | (78.2M) | |
| Net Income | (19.6M) | (60.3M) | (71.7M) | (91.5M) | (118.9M) | (113.0M) | |
| Income Tax Expense | 15K | 32K | 199K | 408K | (12.1M) | (11.5M) |
Pair Trading with Compass PathwaysPlc
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 Compass PathwaysPlc 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 Compass PathwaysPlc will appreciate offsetting losses from the drop in the long position's value.Moving together with Compass Stock
| 0.75 | SSY | SunLink Health Systems Earnings Call This Week | PairCorr |
| 0.85 | EGRX | Eagle Pharmaceuticals | PairCorr |
Moving against Compass Stock
| 0.58 | ELYM | Eliem Therapeutics Earnings Call Tomorrow | PairCorr |
| 0.46 | MRK | Merck Company Financial Report 6th of August 2024 | PairCorr |
The ability to find closely correlated positions to Compass PathwaysPlc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass PathwaysPlc 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 Compass PathwaysPlc - 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 Compass PathwaysPlc to buy it.
The correlation of Compass PathwaysPlc 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 Compass PathwaysPlc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass PathwaysPlc 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 Compass PathwaysPlc 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 Compass PathwaysPlc. 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 information on how to buy Compass Stock please use our How to Invest in Compass PathwaysPlc guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Compass Stock analysis
When running Compass PathwaysPlc's price analysis, check to measure Compass PathwaysPlc'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 Compass PathwaysPlc is operating at the current time. Most of Compass PathwaysPlc's value examination focuses on studying past and present price action to predict the probability of Compass PathwaysPlc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass PathwaysPlc's price. Additionally, you may evaluate how the addition of Compass PathwaysPlc to your portfolios can decrease your overall portfolio volatility.
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Is Compass PathwaysPlc'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 Compass PathwaysPlc. If investors know Compass 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 Compass PathwaysPlc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.32) | Return On Assets (0.34) | Return On Equity (0.62) |
The market value of Compass PathwaysPlc is measured differently than its book value, which is the value of Compass that is recorded on the company's balance sheet. Investors also form their own opinion of Compass PathwaysPlc's value that differs from its market value or its book value, called intrinsic value, which is Compass PathwaysPlc'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 Compass PathwaysPlc's market value can be influenced by many factors that don't directly affect Compass PathwaysPlc'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 Compass PathwaysPlc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass PathwaysPlc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass PathwaysPlc'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.