European Historical Income Statement
| ERE-UN Stock | CAD 3.80 0.01 0.26% |
Historical analysis of European Residential income statement accounts such as Other Operating Expenses of 18.3 M or Operating Income of 69.6 M can show how well European Residential Real performed in making a profits. Evaluating European Residential income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of European Residential's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining European Residential Real 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 European Residential Real is a good buy for the upcoming year.
European |
About European Income Statement Analysis
European Residential Real 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 European Residential shareholders. The income statement also shows European 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).
European Residential Income Statement Chart
Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of European Residential Real. It is also known as European Residential 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 European Residential Real 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.Most accounts from European Residential's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into European Residential Real 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 European Residential Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, European Residential's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 73.9 M, whereas Depreciation And Amortization is projected to grow to (3.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 59.5M | 69.0M | 75.1M | 46.8M | Total Revenue | 76.9M | 89.3M | 95.7M | 60.5M |
European Residential income statement Correlations
Click cells to compare fundamentals
European Residential Account Relationship Matchups
High Positive Relationship
High Negative Relationship
European Residential income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 43K | 506K | 481K | 717K | (4.1M) | (3.9M) | |
| Interest Expense | 19.3M | 25.9M | 27.5M | 32.5M | 39.0M | 20.1M | |
| Selling General Administrative | 6.1M | 9.1M | 9.7M | 8.1M | 7.8M | 6.3M | |
| Other Operating Expenses | 16.1M | 25.7M | 27.1M | 28.3M | 28.4M | 18.3M | |
| Operating Income | (24.1M) | 117.2M | (15.8M) | 60.2M | 66.3M | 69.6M | |
| Net Income From Continuing Ops | (16.8M) | 118.7M | 96.1M | 116.4M | (114.2M) | (108.5M) | |
| Ebit | (24.1M) | 117.2M | (15.8M) | 60.2M | 70.3M | 73.9M | |
| Ebitda | (24.1M) | 117.7M | (15.3M) | 60.9M | 66.3M | 69.6M | |
| Total Operating Expenses | 6.1M | 9.1M | 9.7M | 8.1M | 7.8M | 6.3M | |
| Income Before Tax | (5.2M) | 136.5M | 151.9M | 109.7M | (167.8M) | (159.4M) | |
| Net Income | (16.8M) | 118.7M | 96.1M | 116.4M | (114.2M) | (108.5M) | |
| Income Tax Expense | 11.6M | 17.8M | 55.7M | (6.7M) | (53.6M) | (50.9M) | |
| Tax Provision | 11.6M | 17.8M | 55.7M | (6.7M) | (53.6M) | (50.9M) | |
| Net Interest Income | (19.4M) | (26.3M) | (28.0M) | (33.2M) | (39.7M) | (37.8M) | |
| Total Revenue | 41.5M | 69.9M | 76.9M | 89.3M | 95.7M | 60.5M | |
| Gross Profit | 31.5M | 53.3M | 59.5M | 69.0M | 75.1M | 46.8M | |
| Cost Of Revenue | 10.0M | 16.6M | 17.4M | 20.3M | 20.6M | 13.8M | |
| Total Other Income Expense Net | 18.9M | 19.3M | 167.7M | 49.5M | (195.4M) | (185.6M) | |
| Net Income Applicable To Common Shares | (16.8M) | 118.7M | 96.1M | 116.4M | 133.9M | 68.5M |
Pair Trading with European Residential
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 European Residential 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 European Residential will appreciate offsetting losses from the drop in the long position's value.Moving together with European Stock
The ability to find closely correlated positions to European Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace European Residential 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 European Residential - 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 European Residential Real to buy it.
The correlation of European Residential 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 European Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if European Residential Real 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 European Residential 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.Other Information on Investing in European Stock
European Residential Real 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 European Residential shareholders. The income statement also shows European 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).