Eco Historical Income Statement

EOG Stock  CAD 0.19  0.01  5.56%   
Historical analysis of Eco Atlantic income statement accounts such as Gross Profit of 1.8 K or Other Operating Expenses of 7.3 M can show how well Eco Atlantic Oil performed in making a profits. Evaluating Eco Atlantic income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Eco Atlantic's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Eco Atlantic Oil 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 Eco Atlantic Oil is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eco Atlantic Oil. 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 Eco Income Statement Analysis

Eco Atlantic Oil 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 Eco Atlantic shareholders. The income statement also shows Eco 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).

Eco Atlantic Income Statement Chart

At this time, Eco Atlantic's Interest Expense is fairly stable compared to the past year. Gross Profit is likely to climb to 1,793 in 2024, whereas Operating Income is likely to drop (5.1 M) in 2024.

Total Revenue

Total revenue comprises all receipts Eco Atlantic Oil 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Eco Atlantic Oil. It is also known as Eco Atlantic 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 Eco Atlantic Oil 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 Eco Atlantic Oil 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.

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 Eco Atlantic's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Eco Atlantic Oil 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eco Atlantic Oil. 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, Eco Atlantic's Interest Expense is fairly stable compared to the past year. Gross Profit is likely to climb to 1,793 in 2024, whereas Operating Income is likely to drop (5.1 M) in 2024.

Eco Atlantic income statement Correlations

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-0.09-0.470.190.320.190.120.020.380.00.34-0.10.370.14-0.130.310.070.380.23-0.110.63
0.0-0.47-0.21-0.12-0.09-0.38-0.01-0.11-0.14-0.180.18-0.110.00.01-0.11-0.15-0.13-0.10.03-0.45
-0.230.19-0.21-0.85-0.760.50.96-0.71-0.330.71-0.34-0.710.16-0.13-0.850.4-0.7-0.51-0.410.36
0.190.32-0.12-0.850.88-0.32-0.930.850.34-0.550.290.85-0.160.131.0-0.350.850.580.38-0.03
0.120.19-0.09-0.760.88-0.05-0.830.510.13-0.620.130.5-0.610.590.87-0.090.50.230.25-0.13
-0.280.12-0.380.5-0.32-0.050.41-0.58-0.090.31-0.56-0.57-0.480.47-0.340.49-0.54-0.220.050.3
-0.230.02-0.010.96-0.93-0.830.41-0.79-0.370.7-0.35-0.790.17-0.13-0.940.42-0.79-0.55-0.440.26
0.220.38-0.11-0.710.850.51-0.58-0.790.37-0.330.411.00.38-0.390.86-0.490.990.740.420.09
0.030.0-0.14-0.330.340.13-0.09-0.370.37-0.28-0.030.430.2-0.320.35-0.570.430.580.08-0.17
-0.40.34-0.180.71-0.55-0.620.310.7-0.33-0.28-0.47-0.330.37-0.32-0.560.25-0.310.05-0.280.77
0.86-0.10.18-0.340.290.13-0.56-0.350.41-0.03-0.470.40.24-0.220.29-0.320.330.070.02-0.24
0.220.37-0.11-0.710.850.5-0.57-0.791.00.43-0.330.40.39-0.410.85-0.510.990.770.420.08
0.070.140.00.16-0.16-0.61-0.480.170.380.20.370.240.39-0.99-0.15-0.360.370.440.120.22
-0.07-0.130.01-0.130.130.590.47-0.13-0.39-0.32-0.32-0.22-0.41-0.990.120.4-0.39-0.49-0.12-0.17
0.190.31-0.11-0.851.00.87-0.34-0.940.860.35-0.560.290.85-0.150.12-0.350.860.570.38-0.04
-0.280.07-0.150.4-0.35-0.090.490.42-0.49-0.570.25-0.32-0.51-0.360.4-0.35-0.5-0.44-0.070.26
0.130.38-0.13-0.70.850.5-0.54-0.790.990.43-0.310.330.990.37-0.390.86-0.50.770.420.08
0.020.23-0.1-0.510.580.23-0.22-0.550.740.580.050.070.770.44-0.490.57-0.440.770.410.35
-0.03-0.110.03-0.410.380.250.05-0.440.420.08-0.280.020.420.12-0.120.38-0.070.420.41-0.08
-0.140.63-0.450.36-0.03-0.130.30.260.09-0.170.77-0.240.080.22-0.17-0.040.260.080.35-0.08
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Eco Atlantic Account Relationship Matchups

Eco Atlantic income statement Accounts

201920202021202220232024 (projected)
Interest Expense13.2K0.02.3K10.3K9.3K18.5K
Total Revenue358.1K(23.9K)3.6K66.6K1.7K1.6K
Gross Profit(5.4M)358.1K3.6K66.6K1.7K1.8K
Other Operating Expenses19.9M3.7M3.9M38.4M4.8M7.3M
Operating Income(19.5M)(3.7M)(3.8M)(38.4M)(4.8M)(5.1M)
Ebitda(20.3M)(3.6M)(5.1M)(40.8M)12.0M12.6M
Total Operating Expenses19.9M3.7M3.9M38.4M4.8M7.1M
Net Income(18.8M)(3.6M)(8.0M)(36.6M)(21.2M)(20.2M)
Income Tax Expense(734.6K)(46.4K)2.7M(640.2K)(536.7K)(509.9K)
Selling General Administrative8.1M2.1M2.0M5.4M1.3M1.3M
Income Before Tax(18.8M)(3.7M)(5.3M)(36.6M)(21.7M)(20.6M)
Total Other Income Expense Net747.1K(13.3K)(1.4M)1.8M(16.8M)(16.0M)
Depreciation And Amortization171.9K32.0K(1.3M)(1.8M)16.8M17.7M
Ebit(19.5M)(3.7M)(3.8M)(38.4M)(4.8M)(5.1M)
Net Income From Continuing Ops(18.8M)(3.7M)(5.3M)(36.6M)(21.1M)(20.1M)
Net Income Applicable To Common Shares4.2M(20.1M)(3.6M)(6.6M)(5.9M)(6.2M)
Net Interest Income(12.5K)35.0K(10.3K)(26.9K)(13.1K)(13.8K)

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Additional Tools for Eco Stock Analysis

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