Coherent Historical Income Statement
COHR Stock | USD 100.16 2.07 2.11% |
Historical analysis of Coherent income statement accounts such as Interest Expense of 286.9 M, Selling General Administrative of 1 B or Total Revenue of 5.2 B can show how well Coherent performed in making a profits. Evaluating Coherent income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Coherent's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Coherent 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 Coherent is a good buy for the upcoming year.
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About Coherent Income Statement Analysis
Coherent 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 Coherent shareholders. The income statement also shows Coherent 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).
Coherent Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Coherent minus its cost of goods sold. It is profit before Coherent 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 Coherent. It is also known as Coherent 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.Most accounts from Coherent's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Coherent 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 Coherent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.At this time, Coherent's Total Operating Expenses is relatively stable compared to the past year. As of 12/01/2024, Research Development is likely to grow to about 499.6 M, while Operating Income is likely to drop slightly above 50.4 M.
2020 | 2021 | 2022 | 2023 (projected) | Interest Expense | 59.9M | 121.3M | 286.9M | 288.5M | Depreciation And Amortization | 270.1M | 286.8M | 681.7M | 559.8M |
Coherent income statement Correlations
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Coherent Account Relationship Matchups
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Coherent income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 92.4M | 220.9M | 270.1M | 286.8M | 681.7M | 559.8M | |
Interest Expense | 22.4M | 89.4M | 59.9M | 121.3M | 286.9M | 288.5M | |
Total Revenue | 1.4B | 2.4B | 3.1B | 3.3B | 5.2B | 4.7B | |
Gross Profit | 521.3M | 819.6M | 1.2B | 1.3B | 1.6B | 1.5B | |
Other Operating Expenses | 1.2B | 2.3B | 2.7B | 2.9B | 5.1B | 4.6B | |
Operating Income | 151.2M | (195.4M) | 142.4M | 116.3M | 50.4M | 123.2M | |
Ebit | (195.4M) | 412.5M | 403.1M | (68.7M) | 123.2M | 50.4M | |
Ebitda | 25.5M | 682.6M | 689.8M | 613.0M | 682.9M | 732.1M | |
Cost Of Revenue | 841.1M | 1.6B | 1.9B | 2.1B | 3.5B | 3.3B | |
Total Operating Expenses | 372.7M | 780.1M | 814.1M | 851.2M | 1.5B | 1.5B | |
Income Before Tax | 128.8M | (63.9M) | 352.6M | 281.8M | (355.6M) | (147.6M) | |
Total Other Income Expense Net | 131.5M | (49.5M) | (132.5M) | (437.5M) | (270.8M) | (150.7M) | |
Net Income | 107.5M | (67.0M) | 297.6M | 234.8M | (259.5M) | (279.5M) | |
Income Tax Expense | 21.3M | 3.1M | 55.0M | 47.0M | (96.1M) | 11.1M | |
Research Development | 139.2M | 339.1M | 330.1M | 377.1M | 499.6M | 478.8M | |
Net Income Applicable To Common Shares | (414.1M) | (106.8M) | 166.5M | (403.7M) | (363.3M) | (345.1M) | |
Interest Income | 1.6M | 1.1M | 1.1M | 458K | 412.2K | 391.6K |
Pair Trading with Coherent
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 Coherent 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 Coherent will appreciate offsetting losses from the drop in the long position's value.Moving together with Coherent Stock
Moving against Coherent Stock
0.85 | WATT | Energous | PairCorr |
0.7 | KNW | Know Labs Fiscal Year End 17th of December 2024 | PairCorr |
0.67 | FCUV | Focus Universal | PairCorr |
0.61 | VPG | Vishay Precision | PairCorr |
0.5 | ST | Sensata Technologies | PairCorr |
The ability to find closely correlated positions to Coherent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coherent 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 Coherent - 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 Coherent to buy it.
The correlation of Coherent 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 Coherent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coherent 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 Coherent 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 Coherent Stock Analysis
When running Coherent's price analysis, check to measure Coherent'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 Coherent is operating at the current time. Most of Coherent's value examination focuses on studying past and present price action to predict the probability of Coherent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coherent's price. Additionally, you may evaluate how the addition of Coherent to your portfolios can decrease your overall portfolio volatility.