Entravision Historical Income Statement
| EVC Stock | USD 2.25 0.05 2.17% |
Historical analysis of Entravision Communications income statement accounts such as Total Revenue of 1.2 B or Gross Profit of 150.2 M can show how well Entravision Communications performed in making a profits. Evaluating Entravision Communications income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Entravision Communications's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Entravision Communications 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 Entravision Communications is a good buy for the upcoming year.
Entravision |
About Entravision Income Statement Analysis
Entravision Communications 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 Entravision Communications shareholders. The income statement also shows Entravision 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).
Entravision Communications Income Statement Chart
Entravision Communications Income Statement is one of the three primary financial statements used for reporting Entravision's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Entravision Communications revenue and expense. Entravision Communications Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Entravision Communications' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 150.2 M, whereas Depreciation And Amortization is forecasted to decline to about 24.4 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Entravision Communications 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Entravision Communications minus its cost of goods sold. It is profit before Entravision Communications operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Entravision Communications. It is also known as Entravision Communications 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 Entravision Communications 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 Entravision Communications 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 Entravision Communications' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Entravision Communications 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 Entravision Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.At present, Entravision Communications' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 150.2 M, whereas Depreciation And Amortization is forecasted to decline to about 24.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.0M | 10.9M | 17.3M | 18.9M | Depreciation And Amortization | 34.4M | 25.7M | 28.0M | 24.4M |
Entravision Communications income statement Correlations
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Entravision Communications Account Relationship Matchups
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Entravision Communications income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 16.6M | 17.3M | 34.4M | 25.7M | 28.0M | 24.4M | |
| Interest Expense | 13.7M | 8.3M | 7.0M | 10.9M | 17.3M | 18.9M | |
| Total Revenue | 273.6M | 344.0M | 760.2M | 956.2M | 1.1B | 1.2B | |
| Gross Profit | 117.4M | 132.2M | 177.2M | 209.7M | 150.0M | 150.2M | |
| Other Operating Expenses | 248.9M | 298.4M | 688.0M | 897.2M | 1.1B | 1.2B | |
| Operating Income | 28.1M | 47.3M | 60.5M | 61.9M | 7.7M | 8.4M | |
| Ebit | 28.1M | 47.3M | 60.5M | 61.9M | 7.7M | 7.3M | |
| Ebitda | 44.7M | 64.6M | 94.9M | 87.6M | 35.7M | 33.9M | |
| Cost Of Revenue | 156.2M | 211.8M | 583.0M | 746.5M | 956.9M | 1.0B | |
| Total Operating Expenses | 92.7M | 86.6M | 105M | 150.6M | 142.3M | 100.8M | |
| Income Before Tax | (11.3M) | 119K | 53.9M | 31.7M | (18.4M) | (19.3M) | |
| Total Other Income Expense Net | (39.4M) | (47.2M) | (6.6M) | (30.2M) | (26.1M) | (27.4M) | |
| Net Income | (19.5M) | (1.4M) | 29.3M | 18.1M | (15.4M) | (16.2M) | |
| Income Tax Expense | 8.2M | 1.5M | 18.7M | 11.6M | (2.8M) | (2.6M) | |
| Selling General Administrative | 82.0M | 76.2M | 89.6M | 124.6M | 49.1M | 70.8M | |
| Net Income Applicable To Common Shares | (19.7M) | (3.9M) | 29.3M | 18.1M | 16.3M | 28.6M | |
| Net Income From Continuing Ops | (19.5M) | (1.4M) | 35.2M | 20.2M | 3.2M | 3.0M | |
| Non Operating Income Net Other | 4.0M | 1.8M | 458K | 2.9M | 3.3M | 3.5M | |
| Tax Provision | 8.2M | 1.5M | 18.7M | 11.6M | 2.2M | 2.1M | |
| Interest Income | 3.4M | 6.5M | 6.6M | 8.5M | 4.4M | 4.8M | |
| Net Interest Income | (10.3M) | (6.5M) | (6.8M) | (8.0M) | (12.0M) | (12.6M) | |
| Reconciled Depreciation | 16.6M | 17.3M | 22.4M | 25.7M | 26.8M | 22.2M |
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 Entravision Communications 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, Entravision Communications' short interest history, or implied volatility extrapolated from Entravision Communications options trading.
Pair Trading with Entravision Communications
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 Entravision Communications 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 Entravision Communications will appreciate offsetting losses from the drop in the long position's value.Moving together with Entravision Stock
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Moving against Entravision Stock
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The ability to find closely correlated positions to Entravision Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entravision Communications 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 Entravision Communications - 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 Entravision Communications to buy it.
The correlation of Entravision Communications 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 Entravision Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entravision Communications 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 Entravision Communications 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entravision Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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Is Entravision Communications' 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 Entravision Communications. If investors know Entravision 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 Entravision Communications 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 (0.73) | Dividend Share 0.15 | Earnings Share (0.18) | Revenue Per Share 12.96 | Quarterly Revenue Growth 0.161 |
The market value of Entravision Communications is measured differently than its book value, which is the value of Entravision that is recorded on the company's balance sheet. Investors also form their own opinion of Entravision Communications' value that differs from its market value or its book value, called intrinsic value, which is Entravision Communications' 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 Entravision Communications' market value can be influenced by many factors that don't directly affect Entravision Communications' 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 Entravision Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entravision Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entravision Communications' 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.