James Historical Income Statement

JRVR Stock  USD 4.69  0.02  0.42%   
Historical analysis of James River income statement accounts such as Cost Of Revenue of 193.2 M or Gross Profit of 464.2 M can show how well James River Group performed in making a profits. Evaluating James River income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of James River's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining James River Group 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 James River Group is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in James River Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

About James Income Statement Analysis

James River Group 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 James River shareholders. The income statement also shows James 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).

James River Income Statement Chart

At this time, James River's Total Other Income Expense Net is relatively stable compared to the past year. As of 12/01/2024, Net Income From Continuing Ops is likely to grow to about 63.2 M, while Cost Of Revenue is likely to drop slightly above 193.2 M.

Total Revenue

Total revenue comprises all receipts James River Group 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.

Cost Of Revenue

Cost of Revenue is found on James River Group income statement and represents the costs associated with goods and services James River provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of James River Group minus its cost of goods sold. It is profit before James River 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.
Most accounts from James River's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into James River Group 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 James River Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, James River's Total Other Income Expense Net is relatively stable compared to the past year. As of 12/01/2024, Net Income From Continuing Ops is likely to grow to about 63.2 M, while Cost Of Revenue is likely to drop slightly above 193.2 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue165.1M195.9M194.0M193.2M
Total Revenue772.9M813.7M812.0M574.0M

James River income statement Correlations

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0.540.050.97-0.05-0.02-0.180.21-0.20.290.870.220.22-0.23-0.25-0.310.120.820.82-0.330.080.2
0.120.050.240.140.110.120.060.2-0.33-0.23-0.02-0.020.030.080.180.02-0.21-0.20.06-0.03-0.04
0.540.970.24-0.07-0.04-0.190.21-0.120.150.830.190.19-0.25-0.21-0.290.120.770.78-0.310.080.18
0.17-0.050.14-0.070.980.690.75-0.620.1-0.40.290.290.410.070.930.73-0.16-0.1-0.190.20.13
0.3-0.020.11-0.040.980.560.84-0.670.09-0.340.240.230.530.120.920.82-0.07-0.01-0.330.160.29
-0.51-0.180.12-0.190.690.560.12-0.190.02-0.490.160.15-0.3-0.020.640.08-0.48-0.440.550.57-0.59
0.680.210.060.210.750.840.12-0.60.030.020.410.410.65-0.110.670.970.30.34-0.72-0.10.6
-0.37-0.20.2-0.12-0.62-0.67-0.19-0.6-0.36-0.08-0.1-0.1-0.47-0.41-0.56-0.63-0.14-0.210.420.16-0.41
0.130.29-0.330.150.10.090.020.03-0.360.210.030.030.090.0-0.060.060.170.18-0.08-0.10.08
0.490.87-0.230.83-0.4-0.34-0.490.02-0.080.210.150.15-0.28-0.25-0.57-0.020.890.88-0.37-0.060.22
0.350.22-0.020.190.290.240.160.41-0.10.030.151.00.03-0.760.140.380.220.19-0.34-0.340.0
0.350.22-0.020.190.290.230.150.41-0.10.030.151.00.03-0.760.130.380.220.19-0.34-0.34-0.01
0.61-0.230.03-0.250.410.53-0.30.65-0.470.09-0.280.030.030.260.460.710.00.01-0.73-0.530.82
-0.18-0.250.08-0.210.070.12-0.02-0.11-0.410.0-0.25-0.76-0.760.260.21-0.07-0.32-0.240.12-0.010.18
0.05-0.310.18-0.290.930.920.640.67-0.56-0.06-0.570.140.130.460.210.7-0.32-0.26-0.130.210.15
0.680.120.020.120.730.820.080.97-0.630.06-0.020.380.380.71-0.070.70.260.29-0.74-0.130.63
0.690.82-0.210.77-0.16-0.07-0.480.3-0.140.170.890.220.220.0-0.32-0.320.260.99-0.62-0.010.49
0.70.82-0.20.78-0.1-0.01-0.440.34-0.210.180.880.190.190.01-0.24-0.260.290.99-0.620.020.48
-0.95-0.330.06-0.31-0.19-0.330.55-0.720.42-0.08-0.37-0.34-0.34-0.730.12-0.13-0.74-0.62-0.620.51-0.9
-0.450.08-0.030.080.20.160.57-0.10.16-0.1-0.06-0.34-0.34-0.53-0.010.21-0.13-0.010.020.51-0.48
0.80.2-0.040.180.130.29-0.590.6-0.410.080.220.0-0.010.820.180.150.630.490.48-0.9-0.48
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James River Account Relationship Matchups

James River income statement Accounts

201920202021202220232024 (projected)
Interest Expense10.6M10.0M8.9M17.6M24.6M25.9M
Total Revenue907.1M668.7M772.9M813.7M812.0M574.0M
Cost Of Revenue171.5M166.0M165.1M195.9M194.0M193.2M
Gross Profit735.6M502.7M607.8M617.8M618.0M464.2M
Operating Income41.2M7.4M(200.9M)67.7M61.2M64.3M
Income Before Tax51.9M11.9M(196.0M)49.4M86.9M91.3M
Net Income Applicable To Common Shares38.3M4.8M(172.8M)22.2M20.0M17.4M
Net Income38.3M4.8M(172.8M)31.0M(107.7M)(102.3M)
Income Tax Expense13.5M7.1M(23.2M)18.4M25.7M27.0M
Depreciation And Amortization171.9K5.0M4.7M1.8M(475K)(451.3K)
Other Operating Expenses855.3M656.8M968.9M764.3M750.8M676.8M
Ebit41.6M22.0M(99.2M)1.1B111.5M141.9M
Ebitda41.8M27.0M(94.5M)1.1B111.1M143.7M
Total Operating Expenses(865.9M)(661.3M)(973.8M)(550.1M)556.8M584.6M
Total Other Income Expense Net10.6M(644.1M)(108.1M)(962.4M)25.7M27.0M
Net Income From Continuing Ops38.3M4.8M(172.8M)31.0M60.2M63.2M
Tax Provision13.5M7.1M(23.2M)18.4M28.0M29.4M
Non Recurring9.0M11.6M10.6M10.0M11.5M10.4M
Net Interest Income(10.6M)(10.0M)(8.9M)(17.6M)(27.2M)(25.8M)
Reconciled Depreciation4.2M4.1M5.0M363K326.7K310.4K

Pair Trading with James River

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 James River 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 James River will appreciate offsetting losses from the drop in the long position's value.

Moving together with James Stock

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Moving against James Stock

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The ability to find closely correlated positions to James River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace James River 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 James River - 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 James River Group to buy it.
The correlation of James River 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 James River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if James River Group 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 James River 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.
Pair CorrelationCorrelation Matching

Additional Tools for James Stock Analysis

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