HudBay Historical Income Statement
HBM Stock | CAD 12.50 0.20 1.57% |
Historical analysis of HudBay Minerals income statement accounts such as Selling General Administrative of 27.7 M or Other Operating Expenses of 1.5 B can show how well HudBay Minerals performed in making a profits. Evaluating HudBay Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of HudBay Minerals's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining HudBay Minerals 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 HudBay Minerals is a good buy for the upcoming year.
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About HudBay Income Statement Analysis
HudBay Minerals 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 HudBay Minerals shareholders. The income statement also shows HudBay 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).
HudBay Minerals Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of HudBay Minerals. It is also known as HudBay Minerals 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in HudBay Minerals financial statement analysis. It represents the amount of money remaining after all of HudBay Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Revenue
Total revenue comprises all receipts HudBay Minerals 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.Most accounts from HudBay Minerals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into HudBay Minerals 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. 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. To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.At this time, HudBay Minerals' Total Operating Expenses is very stable compared to the past year. As of the 8th of December 2024, Income Before Tax is likely to grow to about 159.4 M, while Selling General Administrative is likely to drop about 27.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 131.0M | 276.9M | 784.2M | 823.4M | Total Revenue | 1.5B | 1.5B | 1.7B | 1.8B |
HudBay Minerals income statement Correlations
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HudBay Minerals Account Relationship Matchups
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High Negative Relationship
HudBay Minerals income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 346.6M | 363.6M | 359.8M | 339.1M | 393.1M | 412.7M | |
Interest Expense | 72.8M | 86.3M | 74.7M | 67.7M | 76.2M | 80.0M | |
Selling General Administrative | 36.2M | 41.4M | 41.5M | 32.7M | 39.2M | 27.7M | |
Other Operating Expenses | 1.2B | 1.1B | 1.5B | 1.3B | 1.4B | 1.5B | |
Operating Income | (17.2M) | (136.2M) | (63.0M) | 128.1M | 297.2M | 312.0M | |
Ebit | (17.2M) | (96.4M) | (63.0M) | 163.5M | 228.0M | 239.4M | |
Ebitda | 329.4M | 267.2M | 296.8M | 502.5M | 621.1M | 652.2M | |
Total Operating Expenses | 95.3M | 66.9M | 95.7M | 93.0M | 487.1M | 511.4M | |
Income Before Tax | (452.8M) | (179.1M) | (202.8M) | 95.8M | 151.8M | 159.4M | |
Total Other Income Expense Net | (164.0M) | (141.9M) | (139.8M) | (32.2M) | (145.3M) | (138.1M) | |
Net Income | (343.8M) | (144.6M) | (244.4M) | 70.4M | 66.4M | 69.7M | |
Income Tax Expense | (109.0M) | (34.5M) | 41.6M | 25.4M | 82.3M | 86.4M | |
Total Revenue | 1.2B | 1.1B | 1.5B | 1.5B | 1.7B | 1.8B | |
Gross Profit | 151.5M | 39M | 131.0M | 276.9M | 784.2M | 823.4M | |
Cost Of Revenue | 1.1B | 1.1B | 1.4B | 1.2B | 905.8M | 795.1M | |
Net Income From Continuing Ops | (343.8M) | (144.6M) | (244.4M) | 70.4M | 69.5M | 73.0M | |
Net Income Applicable To Common Shares | (343.8M) | (144.6M) | (244.4M) | 70.4M | 63.3M | 66.5M | |
Tax Provision | (109.0M) | (34.5M) | 41.6M | 25.4M | 82.3M | 86.4M | |
Interest Income | 69.5M | 1.8M | 129.7M | 60.6M | 8.1M | 7.7M | |
Net Interest Income | (146.3M) | (96.9M) | (152.4M) | (103.8M) | (108.8M) | (114.2M) | |
Reconciled Depreciation | 346.6M | 363.6M | 359.8M | 339.1M | 393.1M | 381.6M |
Pair Trading with HudBay Minerals
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 HudBay Minerals 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 HudBay Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with HudBay Stock
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Moving against HudBay Stock
The ability to find closely correlated positions to HudBay Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HudBay Minerals 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 HudBay Minerals - 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 HudBay Minerals to buy it.
The correlation of HudBay Minerals 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 HudBay Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HudBay Minerals 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 HudBay Minerals 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. 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. To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.