Centerspace Historical Income Statement
| CSR Stock | USD 73.27 0.36 0.49% |
Historical analysis of Centerspace income statement accounts such as Total Revenue of 173.6 M, Gross Profit of 42.2 M or Other Operating Expenses of 140.8 M can show how well Centerspace performed in making a profits. Evaluating Centerspace income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Centerspace's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Centerspace 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 Centerspace is a good buy for the upcoming year.
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About Centerspace Income Statement Analysis
Centerspace 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 Centerspace shareholders. The income statement also shows Centerspace 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).
Centerspace Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Centerspace 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 Centerspace minus its cost of goods sold. It is profit before Centerspace 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 Centerspace. It is also known as Centerspace 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.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most accounts from Centerspace's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Centerspace 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 Centerspace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Centerspace Stock, please use our How to Invest in Centerspace guide.At this time, Centerspace's Cost Of Revenue is relatively stable compared to the past year. As of 11/28/2024, Net Income From Continuing Ops is likely to grow to about 51.7 M, while Total Revenue is likely to drop slightly above 173.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 201.7M | 256.7M | 261.3M | 173.6M | Depreciation And Amortization | 199.0M | 241.3M | 103.2M | 76.9M |
Centerspace income statement Correlations
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Centerspace Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Centerspace
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 Centerspace 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 Centerspace will appreciate offsetting losses from the drop in the long position's value.Moving against Centerspace Stock
| 0.47 | ESBA | Empire State Realty | PairCorr |
| 0.38 | WY | Weyerhaeuser Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.36 | FISK | Empire State Realty | PairCorr |
| 0.35 | BDN | Brandywine Realty Trust | PairCorr |
The ability to find closely correlated positions to Centerspace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centerspace 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 Centerspace - 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 Centerspace to buy it.
The correlation of Centerspace 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 Centerspace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centerspace 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 Centerspace 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 Centerspace Stock Analysis
When running Centerspace's price analysis, check to measure Centerspace'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 Centerspace is operating at the current time. Most of Centerspace's value examination focuses on studying past and present price action to predict the probability of Centerspace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerspace's price. Additionally, you may evaluate how the addition of Centerspace to your portfolios can decrease your overall portfolio volatility.