Equinox Historical Income Statement
| EQX Stock | USD 5.79 0.01 0.17% |
Historical analysis of Equinox Gold income statement accounts such as Operating Income of 20.8 M or Ebit of 21.7 M can show how well Equinox Gold Corp performed in making a profits. Evaluating Equinox Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Equinox Gold's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Equinox Gold Corp 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 Equinox Gold Corp is a good buy for the upcoming year.
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About Equinox Income Statement Analysis
Equinox Gold Corp 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 Equinox Gold shareholders. The income statement also shows Equinox 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).
Equinox Gold Income Statement Chart
Equinox Gold Corp Income Statement is one of the three primary financial statements used for reporting Equinox's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Equinox Gold Corp revenue and expense. Equinox Gold Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Equinox Gold's Interest Expense is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 1.1 B in 2024, whereas Operating Income is likely to drop slightly above 20.8 M in 2024. Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Equinox Gold Corp. It is also known as Equinox Gold 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.Cost Of Revenue
Cost of Revenue is found on Equinox Gold Corp income statement and represents the costs associated with goods and services Equinox Gold 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 Equinox Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Equinox Gold Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. At this time, Equinox Gold's Interest Expense is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 1.1 B in 2024, whereas Operating Income is likely to drop slightly above 20.8 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 198.1M | 188.8M | 216.1M | 126.6M | Interest Income | 2.8M | 100.4M | 11.7M | 11.1M |
Equinox Gold income statement Correlations
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Equinox Gold Account Relationship Matchups
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Equinox Gold income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 17.5M | 39.8M | 41.6M | 40.4M | 61.3M | 64.4M | |
| Other Operating Expenses | 226.6M | 671.1M | 935.8M | 941.8M | 1.1B | 1.1B | |
| Operating Income | 55.1M | 171.4M | 146.5M | 10.4M | 36.5M | 20.8M | |
| Ebit | 55.1M | 171.4M | 146.5M | 10.4M | 36.5M | 21.7M | |
| Ebitda | 95.5M | 311.9M | 338.0M | 202.5M | 256.5M | 269.3M | |
| Total Operating Expenses | 28.7M | 52.2M | 68.8M | 65.1M | 61.5M | 64.6M | |
| Income Before Tax | (13.2M) | 41.5M | 535.0M | (98.4M) | 32.8M | 26.9M | |
| Total Other Income Expense Net | (68.3M) | (129.9M) | 388.6M | (108.8M) | (3.7M) | (3.5M) | |
| Net Income | (20.3M) | 22.3M | 554.9M | (106.0M) | 28.9M | 24.1M | |
| Income Tax Expense | 7.1M | 20.8M | (19.9M) | 7.6M | (14.4M) | (13.7M) | |
| Depreciation And Amortization | 40.4M | 140.5M | 191.5M | 192.1M | 220.0M | 231.0M | |
| Selling General Administrative | 19.5M | 39.7M | 51.3M | 45.7M | 45.2M | 47.4M | |
| Gross Profit | 83.9M | 223.6M | 215.3M | 75.5M | 98.0M | 63.3M | |
| Cost Of Revenue | 197.8M | 618.9M | 867.0M | 876.7M | 1.0B | 1.1B | |
| Total Revenue | 281.7M | 842.5M | 1.1B | 952.2M | 1.1B | 1.2B | |
| Net Income From Continuing Ops | (20.3M) | 22.3M | 556.8M | (106M) | 28.9M | 52.9M | |
| Net Income Applicable To Common Shares | (18.4M) | 20.7M | 556.8M | (106.0M) | (121.9M) | (115.8M) | |
| Tax Provision | 7.1M | 18.3M | (23.3M) | 7.6M | (14.1M) | (13.4M) | |
| Net Interest Income | (15.6M) | (37.9M) | (38.7M) | (34.8M) | (48.5M) | (46.1M) | |
| Interest Income | 54.4M | 1.8M | 2.8M | 100.4M | 11.7M | 11.1M | |
| Reconciled Depreciation | 39.1M | 151.9M | 198.1M | 188.8M | 216.1M | 126.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Equinox Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinox Gold's 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 Equinox Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinox Gold Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Equinox Stock analysis
When running Equinox Gold's price analysis, check to measure Equinox Gold'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 Equinox Gold is operating at the current time. Most of Equinox Gold's value examination focuses on studying past and present price action to predict the probability of Equinox Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinox Gold's price. Additionally, you may evaluate how the addition of Equinox Gold to your portfolios can decrease your overall portfolio volatility.
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Is Equinox Gold'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 Equinox Gold. If investors know Equinox 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 Equinox Gold 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 (0.83) | Earnings Share (0.10) | Revenue Per Share 3.468 | Quarterly Revenue Growth 0.031 | Return On Assets 0.0064 |
The market value of Equinox Gold Corp is measured differently than its book value, which is the value of Equinox that is recorded on the company's balance sheet. Investors also form their own opinion of Equinox Gold's value that differs from its market value or its book value, called intrinsic value, which is Equinox Gold'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 Equinox Gold's market value can be influenced by many factors that don't directly affect Equinox Gold'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 Equinox Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinox Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinox Gold'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.