CHAR Historical Income Statement

YES Stock  CAD 0.34  0.01  2.86%   
Historical analysis of CHAR Technologies income statement accounts such as Interest Expense of 0.0, Selling General Administrative of 131 K, Total Revenue of 0.0 or Gross Profit of 0.0 can show how well CHAR Technologies performed in making a profits. Evaluating CHAR Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CHAR Technologies's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining CHAR Technologies 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 CHAR Technologies is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About CHAR Income Statement Analysis

CHAR Technologies 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 CHAR Technologies shareholders. The income statement also shows CHAR 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).

CHAR Technologies Income Statement Chart

At this time, CHAR Technologies' Other Operating Expenses is fairly stable compared to the past year. Income Tax Expense is likely to climb to 0.00 in 2024, whereas Total Revenue is likely to drop 0.00 in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CHAR Technologies. It is also known as CHAR Technologies 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.
Most accounts from CHAR Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CHAR Technologies 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, CHAR Technologies' Other Operating Expenses is fairly stable compared to the past year. Income Tax Expense is likely to climb to 0.00 in 2024, whereas Total Revenue is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.8M1.9M2.2M2.3M
Depreciation And Amortization1.8M1.9M2.2M2.3M

CHAR Technologies income statement Correlations

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0.820.970.26-0.74-0.7-0.270.980.78-0.7-0.70.4-0.70.650.440.670.280.26
0.680.970.16-0.58-0.52-0.130.890.62-0.52-0.530.41-0.530.480.290.690.170.15
0.450.260.16-0.46-0.49-0.970.340.47-0.47-0.470.3-0.470.470.480.670.990.99
-0.99-0.74-0.58-0.460.980.58-0.84-0.991.01.0-0.551.0-0.98-0.57-0.51-0.49-0.48
-0.97-0.7-0.52-0.490.980.63-0.81-0.990.980.98-0.560.98-0.99-0.71-0.42-0.51-0.51
-0.56-0.27-0.13-0.970.580.63-0.38-0.590.60.6-0.350.6-0.61-0.62-0.57-0.96-0.96
0.90.980.890.34-0.84-0.81-0.380.87-0.8-0.80.38-0.810.770.550.630.350.34
0.990.780.620.47-0.99-0.99-0.590.87-0.99-0.990.57-0.990.980.630.520.490.49
-0.98-0.7-0.52-0.471.00.980.6-0.8-0.991.0-0.571.0-0.99-0.57-0.48-0.49-0.48
-0.98-0.7-0.53-0.471.00.980.6-0.8-0.991.0-0.571.0-0.99-0.57-0.48-0.49-0.49
0.540.40.410.3-0.55-0.56-0.350.380.57-0.57-0.57-0.570.550.190.40.370.36
-0.98-0.7-0.53-0.471.00.980.6-0.81-0.991.01.0-0.57-0.99-0.57-0.49-0.5-0.49
0.960.650.480.47-0.98-0.99-0.610.770.98-0.99-0.990.55-0.990.640.410.490.49
0.610.440.290.48-0.57-0.71-0.620.550.63-0.57-0.570.19-0.570.640.10.490.5
0.550.670.690.67-0.51-0.42-0.570.630.52-0.48-0.480.4-0.490.410.10.650.63
0.470.280.170.99-0.49-0.51-0.960.350.49-0.49-0.490.37-0.50.490.490.651.0
0.460.260.150.99-0.48-0.51-0.960.340.49-0.48-0.490.36-0.490.490.50.631.0
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CHAR Technologies Account Relationship Matchups

CHAR Technologies income statement Accounts

201920202021202220232024 (projected)
Selling General Administrative1.5M3.1M5.5M7.2M137.9K131.0K
Total Revenue1.0M1.6M1.8M1.4M1.5M2.0M
Gross Profit600.8K870.3K909.4K709.3K642.0K640.2K
Other Operating Expenses2.5M4.4M8.4M10.4M12.0M12.6M
Operating Income(1.3M)(3.5M)(7.3M)(9.2M)(205.6K)(215.9K)
Ebit(716.4K)(2.7M)(6.9M)(8.4M)(205.6K)(215.9K)
Ebitda(147.5K)(1.9M)(5.1M)(6.5M)(5.9M)(5.6M)
Cost Of Revenue441.0K752.3K850.5K668.7K817.4K1.4M
Total Operating Expenses1.6M3.7M7.5M9.1M205.6K195.3K
Income Before Tax(706.1K)(3.3M)(6.9M)(8.4M)(152.0K)(159.6K)
Net Income(703.8K)(3.3M)(6.9M)(8.4M)(152.0K)(159.6K)
Net Income From Continuing Ops(703.8K)(3.3M)(6.9M)(8.4M)(152.0K)(159.6K)
Research Development47.2K90.4K242.1K660.4K730.6K44.7K
Total Other Income Expense Net10.3K(264.4K)440.8K799.0K53.6K56.2K
Net Income Applicable To Common Shares(703.8K)(3.3M)(6.9M)(152.0K)(136.8K)(143.7K)
Depreciation And Amortization568.9K845.1K1.8M1.9M2.2M2.3M
Reconciled Depreciation568.9K845.1K1.8M1.9M2.2M2.3M

Pair Trading with CHAR Technologies

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 CHAR Technologies 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 CHAR Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against CHAR Stock

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The ability to find closely correlated positions to CHAR Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CHAR Technologies 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 CHAR Technologies - 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 CHAR Technologies to buy it.
The correlation of CHAR Technologies 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 CHAR Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CHAR Technologies 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 CHAR Technologies 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.
Pair CorrelationCorrelation Matching

Additional Tools for CHAR Stock Analysis

When running CHAR Technologies' price analysis, check to measure CHAR Technologies' 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 CHAR Technologies is operating at the current time. Most of CHAR Technologies' value examination focuses on studying past and present price action to predict the probability of CHAR Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHAR Technologies' price. Additionally, you may evaluate how the addition of CHAR Technologies to your portfolios can decrease your overall portfolio volatility.