Americas Historical Income Statement
| USAS Stock | USD 0.32 0.01 3.26% |
Historical analysis of Americas Silver income statement accounts such as Depreciation And Amortization of 22.9 M, Interest Expense of 8.6 M, Other Operating Expenses of 116.1 M or Ebitda of 1.2 M can show how well Americas Silver Corp performed in making a profits. Evaluating Americas Silver income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Americas Silver's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Americas Silver 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 Americas Silver Corp is a good buy for the upcoming year.
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About Americas Income Statement Analysis
Americas Silver 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 Americas Silver shareholders. The income statement also shows Americas 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).
Americas Silver Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Americas Silver Corp. It is also known as Americas Silver 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.Total Revenue
Total revenue comprises all receipts Americas Silver Corp 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 Americas Silver Corp minus its cost of goods sold. It is profit before Americas Silver 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.Most accounts from Americas Silver's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Americas Silver 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Americas Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Americas Silver's Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 8.6 M in 2024, despite the fact that EBIT is likely to grow to (19.5 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.9M | 1.8M | 8.2M | 8.6M | Depreciation And Amortization | 15.8M | 21.3M | 21.8M | 22.9M |
Americas Silver income statement Correlations
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Americas Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Americas Silver income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 13.3M | 8.0M | 15.8M | 21.3M | 21.8M | 22.9M | |
| Interest Expense | 1.8M | 253K | 4.9M | 1.8M | 8.2M | 8.6M | |
| Other Operating Expenses | 83.0M | 59.1M | 127.4M | 111.5M | 110.5M | 116.1M | |
| Operating Income | (24.6M) | (31.2M) | (82.6M) | (26.5M) | (20.6M) | (19.5M) | |
| Ebit | (24.6M) | (31.2M) | (82.6M) | (26.5M) | (20.6M) | (19.5M) | |
| Ebitda | (11.2M) | (23.2M) | (66.8M) | (5.2M) | 1.3M | 1.2M | |
| Total Operating Expenses | 12.9M | 19.9M | 27.1M | 18.1M | 8.8M | 8.2M | |
| Income Before Tax | (32.3M) | (31.1M) | (162.2M) | (41.5M) | (41.0M) | (38.9M) | |
| Total Other Income Expense Net | (7.7M) | 147K | (79.6M) | (15.0M) | (20.4M) | (19.4M) | |
| Net Income | (34.2M) | (30.1M) | (160.6M) | (45.2M) | (35.6M) | (33.8M) | |
| Income Tax Expense | 2.0M | (1.0M) | (1.6M) | 3.7M | (2.1M) | (2.0M) | |
| Total Revenue | 58.4M | 27.9M | 44.8M | 85.0M | 90.0M | 94.5M | |
| Gross Profit | (11.7M) | (11.3M) | (55.5M) | (8.4M) | (11.8M) | (11.2M) | |
| Selling General Administrative | 9.7M | 9.1M | 10.3M | 9.4M | 8.6M | 6.4M | |
| Net Income From Continuing Ops | (34.2M) | (30.1M) | (160.6M) | (45.2M) | (39.0M) | (37.1M) | |
| Cost Of Revenue | 70.1M | 39.2M | 100.3M | 93.4M | 101.8M | 106.8M | |
| Net Income Applicable To Common Shares | (32.7M) | (25.2M) | (157.7M) | (43.1M) | (38.8M) | (36.9M) | |
| Tax Provision | 2.0M | (1.0M) | (1.6M) | 3.7M | 3.0M | 3.1M | |
| Net Interest Income | (1.8M) | (253K) | (4.9M) | (1.8M) | (5.4M) | (5.1M) | |
| Reconciled Depreciation | 13.3M | 8.0M | 15.8M | 21.3M | 20.3M | 15.1M |
Pair Trading with Americas Silver
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 Americas Silver 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 Americas Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Americas Stock
| 0.77 | MP | MP Materials Corp | PairCorr |
| 0.88 | VZLA | Vizsla Resources Corp Financial Report 18th of July 2024 | PairCorr |
Moving against Americas Stock
| 0.77 | JAPSY | Japan Airlines | PairCorr |
| 0.61 | LAC | Lithium Americas Corp | PairCorr |
| 0.58 | CMP | Compass Minerals Int Fiscal Year End 21st of November 2024 | PairCorr |
| 0.41 | NMG | Nouveau Monde Graphite | PairCorr |
The ability to find closely correlated positions to Americas Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Americas Silver 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 Americas Silver - 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 Americas Silver Corp to buy it.
The correlation of Americas Silver 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 Americas Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Americas Silver Corp 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 Americas Silver 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.Additional Tools for Americas Stock Analysis
When running Americas Silver's price analysis, check to measure Americas Silver'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 Americas Silver is operating at the current time. Most of Americas Silver's value examination focuses on studying past and present price action to predict the probability of Americas Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Americas Silver's price. Additionally, you may evaluate how the addition of Americas Silver to your portfolios can decrease your overall portfolio volatility.