Kenon Historical Income Statement
KEN Stock | USD 29.85 0.47 1.60% |
Historical analysis of Kenon Holdings income statement accounts such as Total Revenue of 615.3 M can show how well Kenon Holdings performed in making a profits. Evaluating Kenon Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kenon Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Kenon Holdings 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 Kenon Holdings is a good buy for the upcoming year.
Kenon |
About Kenon Income Statement Analysis
Kenon Holdings 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 Kenon Holdings shareholders. The income statement also shows Kenon 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).
Kenon Holdings Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Kenon Holdings 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 Kenon Holdings minus its cost of goods sold. It is profit before Kenon Holdings 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 Kenon Holdings. It is also known as Kenon Holdings 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 Kenon Holdings 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 Kenon Holdings 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.Most accounts from Kenon Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kenon Holdings 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kenon Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.At this time, Kenon Holdings' Depreciation And Amortization is very stable compared to the past year. As of the 1st of December 2024, Gross Profit is likely to grow to about 127.9 M, while Interest Expense is likely to drop about 57.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 51.9M | 50M | 64.1M | 57.7M | Depreciation And Amortization | 57.6M | 62.9M | 90.9M | 96.0M |
Kenon Holdings income statement Correlations
Click cells to compare fundamentals
Kenon Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kenon Holdings income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 32.1M | 34.2M | 57.6M | 62.9M | 90.9M | 96.0M | |
Interest Expense | 22.4M | 51M | 51.9M | 50M | 64.1M | 57.7M | |
Selling General Administrative | 34.9M | 36.7M | 72.4M | 92.1M | 58.4M | 58.0M | |
Total Revenue | 373.5M | 386M | 487.8M | 574M | 691.8M | 615.3M | |
Gross Profit | 86.3M | 71M | 98.3M | 100M | 119.5M | 127.9M | |
Other Operating Expenses | 312.5M | 363M | 464.5M | 571M | 649.2M | 556.1M | |
Operating Income | 42.6M | 198M | 1.2B | 1.2B | 42.6M | 40.4M | |
Ebit | 42.6M | 35.2M | 23.3M | (683.0M) | 78.9M | 82.8M | |
Ebitda | 74.7M | 69.4M | 80.9M | (620.1M) | 169.8M | 94.8M | |
Cost Of Revenue | 287.2M | 315M | 389.4M | 474M | 572.3M | 487.3M | |
Total Operating Expenses | 25.3M | 48M | 75.1M | 97M | 76.9M | 68.8M | |
Income Before Tax | (5.5M) | 501M | 879.6M | 388M | (185.7M) | (176.5M) | |
Total Other Income Expense Net | (48.1M) | 477.4M | 857.1M | 384.8M | (228.3M) | (216.9M) | |
Net Income | (22.2M) | 507.1M | 930.3M | 312.7M | (236.0M) | (224.2M) | |
Income Tax Expense | 16.7M | 5M | 4.3M | 38M | 25.2M | 30.5M | |
Minority Interest | 89M | 209.2M | 55.0M | (37.0M) | (27.0M) | (25.7M) | |
Discontinued Operations | 476.6M | (5.6M) | 24M | 8.5M | 9.7M | 9.3M | |
Net Income From Continuing Ops | (22.2M) | 495.7M | 875.3M | 349.7M | (1.1B) | (1.0B) | |
Net Income Applicable To Common Shares | (14M) | 507.1M | 930.3M | 312.7M | 359.5M | 208.4M | |
Tax Provision | 16.7M | 4.7M | 4.3M | 38.0M | 23.0M | 22.3M | |
Interest Income | 71.9M | 14.3M | 943.3M | 387.3M | 9.1M | 8.7M | |
Selling And Marketing Expenses | 1.9M | 13.3M | 1.6M | 7.9M | 13.4M | 7.5M | |
Net Interest Income | (5.5M) | (23.4M) | (135.8M) | (37.2M) | (56.2M) | (59.0M) | |
Reconciled Depreciation | 32.1M | 34.2M | 57.6M | 62.9M | 84.9M | 54.9M |
Pair Trading with Kenon Holdings
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 Kenon Holdings 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 Kenon Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Kenon Stock
0.83 | NRG | NRG Energy | PairCorr |
0.84 | PAM | Pampa Energia SA | PairCorr |
0.78 | TAC | TransAlta Corp | PairCorr |
0.87 | VST | Vistra Energy Corp | PairCorr |
Moving against Kenon Stock
0.85 | ELPC | Companhia Paranaense | PairCorr |
0.71 | FE | FirstEnergy Sell-off Trend | PairCorr |
0.7 | RNWWW | ReNew Energy Global | PairCorr |
0.69 | ES | Eversource Energy | PairCorr |
0.54 | ED | Consolidated Edison | PairCorr |
The ability to find closely correlated positions to Kenon Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kenon Holdings 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 Kenon Holdings - 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 Kenon Holdings to buy it.
The correlation of Kenon Holdings 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 Kenon Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kenon Holdings 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 Kenon Holdings 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kenon Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Kenon Stock, please use our How to Invest in Kenon Holdings guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kenon Holdings. If investors know Kenon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kenon Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.348 | Earnings Share (1.44) | Revenue Per Share 13.743 | Quarterly Revenue Growth 0.097 | Return On Assets 0.0088 |
The market value of Kenon Holdings is measured differently than its book value, which is the value of Kenon that is recorded on the company's balance sheet. Investors also form their own opinion of Kenon Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kenon Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kenon Holdings' market value can be influenced by many factors that don't directly affect Kenon Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kenon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kenon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kenon Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.