Morguard Historical Income Statement

MRC Stock

CAD 119.67 3.32 2.70%

Historical analysis of Morguard income statement accounts such as Gross Profit of 327.9 M can show how well Morguard performed in making a profits. Evaluating Morguard income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Morguard's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Morguard 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 Morguard is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morguard. 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 Morguard Income Statement Analysis

Morguard 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 Morguard shareholders. The income statement also shows Morguard 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).

Morguard Income Statement Chart

At this time, Morguard's Net Income is very stable compared to the past year. As of the 29th of November 2024, Income Tax Expense is likely to grow to about 40.2 M, while Depreciation And Amortization is likely to drop about 21.9 M.

Total Revenue Gross Profit Other Operating Expenses Operating Income Research Development

Total Revenue

Total revenue comprises all receipts Morguard 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 Morguard minus its cost of goods sold. It is profit before Morguard 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 Morguard. It is also known as Morguard 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 Morguard 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 Morguard 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 Morguard's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Morguard 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 Morguard. 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.

	2021	2022	2023	2024 (projected)
Gross Profit	533.3M	500.4M	634.0M	327.9M
Total Revenue	1.0B	1.1B	1.2B	652.3M

Gross Profit Total Revenue

Morguard income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Minority Interest	Tax Provision	Net Interest Income	Research Development	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.5	0.71	0.7	0.11	-0.01	-0.91	0.36	0.49	-0.2	0.13	0.04	0.09	0.08	0.59	0.1	0.48	0.11	-0.32	0.39	0.26	0.39	0.32
Interest Expense	0.5		0.71	0.83	0.67	0.79	-0.27	0.49	0.35	0.61	-0.22	-0.69	-0.24	-0.16	0.64	-0.48	0.17	-0.36	-0.87	-0.38	0.73	-0.22	-0.47
Total Revenue	0.71	0.71		0.85	0.57	0.39	-0.55	0.52	0.83	0.22	-0.25	-0.42	-0.28	-0.17	0.56	-0.22	0.34	-0.17	-0.61	-0.07	0.52	0.02	0.02
Gross Profit	0.7	0.83	0.85		0.37	0.46	-0.52	0.53	0.41	0.27	-0.04	-0.35	-0.08	0.0	0.85	-0.25	0.49	-0.11	-0.56	-0.01	0.47	0.06	0.0
Other Operating Expenses	0.11	0.67	0.57	0.37		0.86	0.07	0.27	0.6	0.83	-0.36	-0.74	-0.36	-0.27	0.14	-0.32	-0.15	-0.33	-0.83	-0.62	0.6	-0.54	-0.77
Operating Income	-0.01	0.79	0.39	0.46	0.86		0.2	0.27	0.2	0.95	-0.24	-0.81	-0.24	-0.2	0.34	-0.44	-0.13	-0.38	-0.82	-0.71	0.56	-0.67	-0.87
Ebit	-0.91	-0.27	-0.55	-0.52	0.07	0.2		0.04	-0.39	0.35	-0.01	-0.19	0.03	0.06	-0.36	-0.05	-0.54	-0.04	0.12	-0.6	-0.02	-0.57	-0.46
Ebitda	0.36	0.49	0.52	0.53	0.27	0.27	0.04		0.33	0.15	0.32	-0.23	0.31	0.37	0.66	0.19	-0.01	0.24	-0.35	-0.31	0.53	-0.24	-0.03
Cost Of Revenue	0.49	0.35	0.83	0.41	0.6	0.2	-0.39	0.33		0.09	-0.39	-0.35	-0.4	-0.29	0.09	-0.11	0.07	-0.17	-0.46	-0.1	0.41	-0.03	0.03
Total Operating Expenses	-0.2	0.61	0.22	0.27	0.83	0.95	0.35	0.15	0.09		-0.17	-0.69	-0.16	-0.14	0.22	-0.33	-0.21	-0.29	-0.72	-0.7	0.48	-0.67	-0.93
Income Before Tax	0.13	-0.22	-0.25	-0.04	-0.36	-0.24	-0.01	0.32	-0.39	-0.17		0.61	0.98	0.82	0.39	0.88	0.01	0.82	0.37	0.35	-0.26	0.0	0.18
Total Other Income Expense Net	0.04	-0.69	-0.42	-0.35	-0.74	-0.81	-0.19	-0.23	-0.35	-0.69	0.61		0.56	0.56	-0.1	0.7	0.25	0.7	0.77	0.8	-0.57	0.59	0.66
Net Income	0.09	-0.24	-0.28	-0.08	-0.36	-0.24	0.03	0.31	-0.4	-0.16	0.98	0.56		0.69	0.36	0.87	-0.06	0.72	0.32	0.29	-0.27	-0.03	0.16
Income Tax Expense	0.08	-0.16	-0.17	0.0	-0.27	-0.2	0.06	0.37	-0.29	-0.14	0.82	0.56	0.69		0.33	0.67	0.04	0.88	0.4	0.35	-0.06	0.0	0.15
Selling General Administrative	0.59	0.64	0.56	0.85	0.14	0.34	-0.36	0.66	0.09	0.22	0.39	-0.1	0.36	0.33		0.1	0.43	0.15	-0.36	-0.01	0.3	0.0	0.03
Net Income From Continuing Ops	0.1	-0.48	-0.22	-0.25	-0.32	-0.44	-0.05	0.19	-0.11	-0.33	0.88	0.7	0.87	0.67	0.1		-0.04	0.83	0.48	0.43	-0.41	0.06	0.31
Minority Interest	0.48	0.17	0.34	0.49	-0.15	-0.13	-0.54	-0.01	0.07	-0.21	0.01	0.25	-0.06	0.04	0.43	-0.04		0.09	0.1	0.42	-0.33	0.47	0.34
Tax Provision	0.11	-0.36	-0.17	-0.11	-0.33	-0.38	-0.04	0.24	-0.17	-0.29	0.82	0.7	0.72	0.88	0.15	0.83	0.09		0.55	0.52	-0.28	0.07	0.3
Net Interest Income	-0.32	-0.87	-0.61	-0.56	-0.83	-0.82	0.12	-0.35	-0.46	-0.72	0.37	0.77	0.32	0.4	-0.36	0.48	0.1	0.55		0.55	-0.77	0.3	0.64
Research Development	0.39	-0.38	-0.07	-0.01	-0.62	-0.71	-0.6	-0.31	-0.1	-0.7	0.35	0.8	0.29	0.35	-0.01	0.43	0.42	0.52	0.55		-0.4	0.73	0.74
Interest Income	0.26	0.73	0.52	0.47	0.6	0.56	-0.02	0.53	0.41	0.48	-0.26	-0.57	-0.27	-0.06	0.3	-0.41	-0.33	-0.28	-0.77	-0.4		-0.15	-0.39
Reconciled Depreciation	0.39	-0.22	0.02	0.06	-0.54	-0.67	-0.57	-0.24	-0.03	-0.67	0.0	0.59	-0.03	0.0	0.0	0.06	0.47	0.07	0.3	0.73	-0.15		0.7
Extraordinary Items	0.32	-0.47	0.02	0.0	-0.77	-0.87	-0.46	-0.03	0.03	-0.93	0.18	0.66	0.16	0.15	0.03	0.31	0.34	0.3	0.64	0.74	-0.39	0.7

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Morguard Account Relationship Matchups

Morguard income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	710.9M	572.5M	666.7M	636.9M	23.1M	21.9M
Interest Expense	228.6M	232.5M	215.2M	223.0M	257.9M	270.8M
Total Revenue	1.2B	1.0B	1.0B	1.1B	1.2B	652.3M
Gross Profit	610.6M	533.3M	533.3M	500.4M	634.0M	327.9M
Other Operating Expenses	695.4M	590.0M	601.3M	646.2M	1.1B	1.2B
Operating Income	425.2M	491.0M	394.7M	508.5M	1.2B	1.3B
Ebit	(249.6M)	(624.5M)	(239.5M)	(101.9M)	339.5M	356.5M
Ebitda	461.4M	(52.0M)	427.2M	535.0M	362.6M	200.4M
Cost Of Revenue	565.1M	495.1M	488.6M	619.7M	594.3M	324.4M
Total Operating Expenses	130.3M	94.9M	112.7M	26.5M	551.9M	579.4M
Income Before Tax	225.5M	(319.8M)	408.1M	135.5M	81.6M	161.9M
Total Other Income Expense Net	(252.8M)	(810.8M)	5.9M	(1.0B)	(1.1B)	(1.1B)
Net Income	186.9M	(250.1M)	249.8M	122.8M	74.2M	114.5M
Income Tax Expense	36.7M	(69.7M)	151.5M	23.2M	23.3M	40.2M
Selling General Administrative	94.1M	59.6M	80.2M	77.6M	89.3M	62.7M
Net Income From Continuing Ops	188.8M	(250.1M)	256.6M	112.3M	58.2M	55.3M
Net Income Applicable To Common Shares	186.9M	(98.9M)	249.8M	122.8M	110.5M	141.4M
Minority Interest	756.8M	540.3M	(6.9M)	10.5M	15.9M	15.1M
Tax Provision	36.7M	(69.7M)	151.5M	23.2M	23.3M	22.2M
Net Interest Income	(230.3M)	(225.5M)	(197.4M)	(212.5M)	(246.6M)	(258.9M)
Research Development	0.38	0.21	0.3	0.12	0.06	0.057
Interest Income	17.3M	15.7M	22.9M	16.7M	18.1M	17.4M
Reconciled Depreciation	36.2M	35.3M	32.5M	26.5M	23.1M	24.7M

Pair Trading with Morguard

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

Moving together with Morguard Stock

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Other Information on Investing in Morguard Stock

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Morguard Historical Income Statement

About Morguard Income Statement Analysis

Morguard Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Morguard income statement Correlations

Morguard Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Morguard income statement Accounts

Pair Trading with Morguard

Moving together with Morguard Stock

Other Information on Investing in Morguard Stock

COMMON DESTINATIONS

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COMPANY

Net Income	+ 0.98	Income Before Tax
Total Operating Expenses	+ 0.95	Operating Income
Net Income From Continuing Ops	+ 0.88	Income Before Tax
Tax Provision	+ 0.88	Income Tax Expense
Net Income From Continuing Ops	+ 0.87	Net Income
Operating Income	+ 0.86	Other Operating Expenses

Extraordinary Items	- 0.93	Total Operating Expenses
Ebit	- 0.91	Depreciation And Amortization
Extraordinary Items	- 0.87	Operating Income
Net Interest Income	- 0.87	Interest Expense
Net Interest Income	- 0.83	Other Operating Expenses
Net Interest Income	- 0.82	Operating Income