Loop Historical Income Statement
| LOOP Stock | USD 1.55 0.14 9.93% |
Historical analysis of Loop Industries income statement accounts such as Other Operating Expenses of 15.5 M can show how well Loop Industries performed in making a profits. Evaluating Loop Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Loop Industries's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Loop Industries 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 Loop Industries is a good buy for the upcoming year.
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About Loop Income Statement Analysis
Loop Industries 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 Loop Industries shareholders. The income statement also shows Loop 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).
Loop Industries 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 Loop Industries. It is also known as Loop Industries 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.Total Revenue
Total revenue comprises all receipts Loop Industries 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 Loop Industries minus its cost of goods sold. It is profit before Loop Industries 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 Loop Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Loop Industries 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 Loop Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Loop Stock, please use our How to Invest in Loop Industries guide.At this time, Loop Industries' Interest Expense is relatively stable compared to the past year. As of 11/28/2024, Total Other Income Expense Net is likely to grow to about 133.3 K, while Other Operating Expenses is likely to drop slightly above 15.5 M.
Loop Industries income statement Correlations
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Loop Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Loop Industries
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 Loop Industries 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 Loop Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Loop Stock
| 0.69 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.64 | DNMR | Danimer Scientific Upward Rally | PairCorr |
Moving against Loop Stock
The ability to find closely correlated positions to Loop Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Loop Industries 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 Loop Industries - 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 Loop Industries to buy it.
The correlation of Loop Industries 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 Loop Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Loop Industries 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 Loop Industries 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 Loop Stock Analysis
When running Loop Industries' price analysis, check to measure Loop Industries' 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 Loop Industries is operating at the current time. Most of Loop Industries' value examination focuses on studying past and present price action to predict the probability of Loop Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loop Industries' price. Additionally, you may evaluate how the addition of Loop Industries to your portfolios can decrease your overall portfolio volatility.