Boyd Historical Income Statement
BYD Stock | CAD 203.31 4.19 2.02% |
Historical analysis of Boyd Group income statement accounts such as Interest Expense of 73.3 M, Total Revenue of 4.2 B or Gross Profit of 1.6 B can show how well Boyd Group Services performed in making a profits. Evaluating Boyd Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Boyd Group's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Boyd Group Services 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 Boyd Group Services is a good buy for the upcoming year.
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About Boyd Income Statement Analysis
Boyd Group Services 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 Boyd Group shareholders. The income statement also shows Boyd 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).
Boyd Group Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Boyd Group Services 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 Boyd Group Services minus its cost of goods sold. It is profit before Boyd Group 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 Boyd Group Services. It is also known as Boyd Group 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 Boyd Group Services 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 Boyd Group Services 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 Boyd Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Boyd Group Services 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Group Services. 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, Boyd Group's EBIT is very stable compared to the past year. As of the 11th of December 2024, EBITDA is likely to grow to about 521.9 M, though Total Other Income Expense Net is likely to grow to (71.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 839.3M | 1.1B | 1.5B | 1.6B | Total Revenue | 1.9B | 2.4B | 4.0B | 4.2B |
Boyd Group income statement Correlations
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Boyd Group Account Relationship Matchups
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Boyd Group income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 155.0M | 176.8M | 192.7M | 228.6M | 260.3M | 273.3M | |
Interest Expense | 29.2M | 33.4M | 27.7M | 37.3M | 69.8M | 73.3M | |
Total Revenue | 1.7B | 1.6B | 1.9B | 2.4B | 4.0B | 4.2B | |
Gross Profit | 793.5M | 754.4M | 839.3M | 1.1B | 1.5B | 1.6B | |
Other Operating Expenses | 1.6B | 1.5B | 1.8B | 2.3B | 3.7B | 3.9B | |
Operating Income | 104.6M | 95.7M | 65.7M | 97.7M | 236.7M | 248.6M | |
Ebit | 68.2M | 57.5M | 26.7M | 44.7M | 236.7M | 248.6M | |
Ebitda | 223.2M | 234.3M | 219.4M | 273.4M | 497.0M | 521.9M | |
Cost Of Revenue | 954.5M | 884.0M | 1.0B | 1.3B | 2.4B | 2.5B | |
Total Operating Expenses | 667.2M | 662.7M | 773.4M | 989.4M | 1.3B | 1.4B | |
Income Before Tax | 71.6M | 60.8M | 32.2M | 58.7M | 161.3M | 169.4M | |
Total Other Income Expense Net | (32.9M) | (35.0M) | (33.5M) | (39.0M) | (75.4M) | (71.6M) | |
Net Income | 49.1M | 44.1M | 23.5M | 41.0M | 117.0M | 122.8M | |
Income Tax Expense | 22.5M | 15.5M | 8.7M | 17.8M | 44.4M | 46.6M | |
Tax Provision | 29.4M | 19.7M | 8.7M | 17.8M | 32.9M | 18.9M | |
Net Income Applicable To Common Shares | 64.1M | 57.7M | 23.5M | 41.0M | 47.1M | 45.5M | |
Net Interest Income | (38.2M) | (42.6M) | (27.7M) | (37.3M) | (51.7M) | (49.1M) | |
Net Income From Continuing Ops | 64.1M | 57.7M | 23.5M | 41.0M | 86.7M | 60.4M | |
Reconciled Depreciation | 155.0M | 176.7M | 153.7M | 175.6M | 192.9M | 148.8M |
Pair Trading with Boyd Group
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 Boyd Group 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 Boyd Group will appreciate offsetting losses from the drop in the long position's value.Moving against Boyd Stock
The ability to find closely correlated positions to Boyd Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boyd Group 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 Boyd Group - 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 Boyd Group Services to buy it.
The correlation of Boyd Group 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 Boyd Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boyd Group Services 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 Boyd Group 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 Boyd Stock
Boyd Group Services 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 Boyd Group shareholders. The income statement also shows Boyd 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).