Quebecor Historical Income Statement
QBR-A Stock | CAD 33.25 0.24 0.72% |
Historical analysis of Quebecor income statement accounts such as Other Operating Expenses of 5.1 B, Operating Income of 877.1 M, EBIT of 813.9 M or Ebitda of 1.4 B can show how well Quebecor performed in making a profits. Evaluating Quebecor income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Quebecor's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Quebecor 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 Quebecor is a good buy for the upcoming year.
Quebecor |
About Quebecor Income Statement Analysis
Quebecor 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 Quebecor shareholders. The income statement also shows Quebecor 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).
Quebecor Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Quebecor 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Quebecor. It is also known as Quebecor 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 Quebecor 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 Quebecor 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 Quebecor's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quebecor 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quebecor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Quebecor's Total Revenue is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 5.1 B in 2024, whereas Gross Profit is likely to drop slightly above 1.8 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 337.6M | 317.3M | 407.7M | 319.2M | Depreciation And Amortization | 783.8M | 767.7M | 909M | 556.7M |
Quebecor income statement Correlations
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Quebecor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quebecor income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 750.4M | 803.2M | 783.8M | 767.7M | 909M | 556.7M | |
Interest Expense | 330.5M | 329.2M | 337.6M | 317.3M | 407.7M | 319.2M | |
Total Revenue | 4.3B | 4.3B | 4.6B | 4.5B | 5.4B | 5.9B | |
Gross Profit | 2.6B | 2.6B | 2.7B | 2.6B | 3.0B | 1.8B | |
Other Operating Expenses | 3.2B | 3.2B | 3.4B | 3.4B | 4.1B | 5.1B | |
Operating Income | 1.1B | 1.1B | 1.2B | 1.2B | 1.3B | 877.1M | |
Ebit | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 813.9M | |
Ebitda | 1.8B | 1.9B | 1.9B | 1.9B | 2.2B | 1.4B | |
Cost Of Revenue | 1.7B | 1.7B | 1.9B | 1.9B | 2.4B | 3.0B | |
Total Operating Expenses | 1.5B | 1.4B | 1.5B | 1.5B | 1.7B | 963.8M | |
Income Before Tax | 766.5M | 790M | 785.4M | 810.1M | 863M | 906.2M | |
Total Other Income Expense Net | (362.6M) | (359.4M) | (404M) | (356.7M) | (465.8M) | (489.1M) | |
Net Income | 652.8M | 607.2M | 578.4M | 599.7M | 650.5M | 683.0M | |
Income Tax Expense | 205.7M | 205.8M | 197M | 213.4M | 227.9M | 124.4M | |
Selling General Administrative | 700.8M | 635.5M | 685M | 696.9M | 755.5M | 602.9M | |
Net Income From Continuing Ops | 560.8M | 584.2M | 588.4M | 596.7M | 635.1M | 426.8M | |
Net Income Applicable To Common Shares | 652.8M | 607.2M | 578.4M | 599.7M | 689.7M | 358.6M | |
Minority Interest | 94.6M | 101.5M | (10M) | 3M | 15.4M | 14.6M | |
Tax Provision | 205.7M | 205.8M | 197M | 213.4M | 227.9M | 201.8M | |
Net Interest Income | (329.7M) | (329.9M) | (334.4M) | (320.5M) | (408.8M) | (429.2M) | |
Interest Income | 5.5M | 800K | 3.2M | 4.1M | 4.7M | 3.4M | |
Reconciled Depreciation | 750.4M | 803.2M | 783.8M | 767.7M | 909M | 855.9M |
Pair Trading with Quebecor
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 Quebecor 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 Quebecor will appreciate offsetting losses from the drop in the long position's value.Moving together with Quebecor Stock
Moving against Quebecor Stock
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The ability to find closely correlated positions to Quebecor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quebecor 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 Quebecor - 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 Quebecor to buy it.
The correlation of Quebecor 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 Quebecor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quebecor 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 Quebecor 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 Quebecor Stock Analysis
When running Quebecor's price analysis, check to measure Quebecor'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 Quebecor is operating at the current time. Most of Quebecor's value examination focuses on studying past and present price action to predict the probability of Quebecor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quebecor's price. Additionally, you may evaluate how the addition of Quebecor to your portfolios can decrease your overall portfolio volatility.