CybinInc Historical Income Statement
| CYBN Stock | USD 0.37 0.01 2.63% |
Historical analysis of CybinInc income statement accounts such as Total Operating Expenses of 32.2 M, Total Other Income Expense Net of 9 M or Depreciation And Amortization of 303.1 K can show how well CybinInc performed in making a profits. Evaluating CybinInc income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CybinInc's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CybinInc 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 CybinInc is a good buy for the upcoming year.
CybinInc |
About CybinInc Income Statement Analysis
CybinInc 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 CybinInc shareholders. The income statement also shows CybinInc 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).
CybinInc Income Statement Chart
CybinInc Income Statement is one of the three primary financial statements used for reporting CybinInc's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CybinInc revenue and expense. CybinInc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CybinInc's Cost Of Revenue is very stable compared to the past year. Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CybinInc. It is also known as CybinInc 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 CybinInc's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CybinInc 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 CybinInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in CybinInc Stock, please use our How to Invest in CybinInc guide.At this time, CybinInc's Cost Of Revenue is very stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 241K | 603K | 693.5K | 728.1K | Net Interest Income | 241K | 603K | 693.5K | 728.1K |
CybinInc income statement Correlations
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CybinInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CybinInc income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Operating Expenses | 1.9K | 31.4M | 63.8M | 51.5M | 59.2M | 32.3M | |
| Operating Income | (2.0K) | (30.5M) | (63.6M) | (54.9M) | (49.4M) | (47.0M) | |
| Ebitda | 9.6 | (30.4M) | (63.4M) | (54.7M) | (49.2M) | (46.8M) | |
| Total Operating Expenses | 1.9K | 30.7M | 63.8M | 51.5M | 59.2M | 32.2M | |
| Income Before Tax | (1.9K) | (32.2M) | (67.6M) | (47.5M) | (42.7M) | (44.9M) | |
| Total Other Income Expense Net | 9.6 | (1.7M) | (4.0M) | 7.5M | 8.6M | 9.0M | |
| Net Income | (1.9K) | (32.2M) | (71.4M) | (40.0M) | (36.0M) | (37.8M) |
Pair Trading with CybinInc
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 CybinInc 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 CybinInc will appreciate offsetting losses from the drop in the long position's value.Moving against CybinInc Stock
| 0.6 | LPTX | Leap Therapeutics Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to CybinInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CybinInc 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 CybinInc - 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 CybinInc to buy it.
The correlation of CybinInc 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 CybinInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CybinInc 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 CybinInc 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 CybinInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in CybinInc Stock, please use our How to Invest in CybinInc guide.Note that the CybinInc information on this page should be used as a complementary analysis to other CybinInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for CybinInc Stock analysis
When running CybinInc's price analysis, check to measure CybinInc'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 CybinInc is operating at the current time. Most of CybinInc's value examination focuses on studying past and present price action to predict the probability of CybinInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CybinInc's price. Additionally, you may evaluate how the addition of CybinInc to your portfolios can decrease your overall portfolio volatility.
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Is CybinInc'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 CybinInc. If investors know CybinInc 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 CybinInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Return On Assets (0.44) | Return On Equity (0.79) |
The market value of CybinInc is measured differently than its book value, which is the value of CybinInc that is recorded on the company's balance sheet. Investors also form their own opinion of CybinInc's value that differs from its market value or its book value, called intrinsic value, which is CybinInc'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 CybinInc's market value can be influenced by many factors that don't directly affect CybinInc'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 CybinInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if CybinInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CybinInc'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.