Trigon Historical Income Statement
| TM Stock | CAD 0.20 0.01 4.76% |
Historical analysis of Trigon Metals income statement accounts such as Total Operating Expenses of 3 M, Selling General Administrative of 1.6 M, Interest Expense of 81.8 K or Minority Interest of 2.1 M can show how well Trigon Metals performed in making a profits. Evaluating Trigon Metals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Trigon Metals's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Trigon Metals 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 Trigon Metals is a good buy for the upcoming year.
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About Trigon Income Statement Analysis
Trigon Metals 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 Trigon Metals shareholders. The income statement also shows Trigon 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).
Trigon Metals Income Statement Chart
Trigon Metals Income Statement is one of the three primary financial statements used for reporting Trigon's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Trigon Metals revenue and expense. Trigon Metals Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Trigon Metals' Depreciation And Amortization is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 2.6 M in 2024, despite the fact that Gross Profit is likely to grow to (858.8 K). Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Trigon Metals. It is also known as Trigon Metals 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.Cost Of Revenue
Cost of Revenue is found on Trigon Metals income statement and represents the costs associated with goods and services Trigon Metals 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.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 Trigon Metals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Trigon Metals 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 Trigon Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Trigon Metals' Depreciation And Amortization is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 2.6 M in 2024, despite the fact that Gross Profit is likely to grow to (858.8 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.3M | 4.9M | 5.6M | 3.0M | Cost Of Revenue | 194.3K | 2.0M | 1.8M | 2.6M |
Trigon Metals income statement Correlations
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Trigon Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trigon Metals income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 5.3K | 14.6K | 194.3K | 550.3K | 495.3K | 520.0K | |
| Gross Profit | (5.3K) | (14.6K) | (194.3K) | (1.0M) | (904.0K) | (858.8K) | |
| Other Operating Expenses | 2.0M | 4.9M | 5.4M | 6.8M | 6.1M | 4.3M | |
| Operating Income | (2.0M) | (4.9M) | (5.8M) | (12.8M) | (11.6M) | (11.0M) | |
| Ebit | (2.0M) | (4.9M) | (5.8M) | (12.8M) | (11.6M) | (11.0M) | |
| Ebitda | (2.0M) | (4.9M) | (5.6M) | (12.3M) | (11.1M) | (10.5M) | |
| Cost Of Revenue | 5.3K | 14.6K | 194.3K | 2.0M | 1.8M | 2.6M | |
| Total Operating Expenses | 2.0M | 4.9M | 5.3M | 4.9M | 5.6M | 3.0M | |
| Income Before Tax | (2.1M) | (5.2M) | (5.7M) | (18.2M) | (16.4M) | (15.6M) | |
| Total Other Income Expense Net | (30.5K) | (117.8K) | 88.3K | (5.2M) | (4.7M) | (4.5M) | |
| Net Income | (2.0M) | (5.1M) | (5.2M) | (16.5M) | (14.8M) | (14.1M) | |
| Income Tax Expense | (1.3K) | 19.6K | (482.7K) | (1.6M) | (1.4M) | (1.4M) | |
| Selling General Administrative | 1.3M | 820.0K | 4.0M | 1.8M | 2.0M | 1.6M | |
| Interest Expense | 73.4K | 103.9K | 432.9K | 122.6K | 141.0K | 81.8K | |
| Net Income From Continuing Ops | (2.9M) | (6.5M) | (7.2M) | (18.2M) | (16.4M) | (15.6M) | |
| Net Income Applicable To Common Shares | (2.8M) | (2.8M) | (6.4M) | (6.5M) | (5.9M) | (5.6M) | |
| Minority Interest | (488.3K) | (618.0K) | 700.5K | 1.7M | 2.0M | 2.1M | |
| Reconciled Depreciation | 7.4K | 18.4K | 246.0K | 550.3K | 632.8K | 664.5K | |
| Net Interest Income | (104.1K) | (12.3K) | (426.6K) | (7.1M) | (6.4M) | (6.1M) |
Pair Trading with Trigon Metals
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 Trigon Metals 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 Trigon Metals will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Trigon Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trigon Metals 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 Trigon Metals - 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 Trigon Metals to buy it.
The correlation of Trigon Metals 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 Trigon Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trigon Metals 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 Trigon Metals 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Trigon Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Trigon Stock analysis
When running Trigon Metals' price analysis, check to measure Trigon Metals' 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 Trigon Metals is operating at the current time. Most of Trigon Metals' value examination focuses on studying past and present price action to predict the probability of Trigon Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trigon Metals' price. Additionally, you may evaluate how the addition of Trigon Metals to your portfolios can decrease your overall portfolio volatility.
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