Raytech Historical Income Statement

RAY Stock   1.28  0.02  1.54%   
Historical analysis of Raytech Holding income statement accounts such as Interest Expense of 3 K, Selling General Administrative of 2.7 M, Selling And Marketing Expenses of 128.8 K or Total Revenue of 70.3 M can show how well Raytech Holding Limited performed in making a profits. Evaluating Raytech Holding income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Raytech Holding's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Raytech Holding 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 Raytech Holding is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytech Holding Limited. 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.

About Raytech Income Statement Analysis

Raytech Holding 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 Raytech Holding shareholders. The income statement also shows Raytech 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).

Raytech Holding Income Statement Chart

At this time, Raytech Holding's Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 13.4 M in 2024, whereas Tax Provision is likely to drop slightly above 1.9 M in 2024.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts Raytech Holding 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.
Most accounts from Raytech Holding's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Raytech Holding 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 Raytech Holding Limited. 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, Raytech Holding's Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 13.4 M in 2024, whereas Tax Provision is likely to drop slightly above 1.9 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization4.8K14.9K4.9K7.3K
Interest Income327.0143.4K1.4M1.5M

Raytech Holding income statement Correlations

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0.720.580.58-0.720.680.03-0.050.07-0.150.890.870.870.060.270.79-0.04-0.61-0.110.16
0.580.820.82-0.430.220.031.01.00.980.360.380.381.00.970.151.00.760.990.99
0.520.770.77-0.380.15-0.051.00.990.990.290.320.320.990.940.071.00.811.00.98
0.610.840.84-0.450.250.071.00.990.970.390.410.411.00.980.190.990.740.981.0
0.440.690.69-0.320.04-0.150.980.990.970.20.230.230.980.89-0.040.990.861.00.95
0.930.750.75-0.940.540.890.360.290.390.21.01.00.380.530.640.3-0.310.240.47
0.930.760.76-0.950.520.870.380.320.410.231.01.00.40.550.610.33-0.280.270.49
0.930.760.76-0.950.520.870.380.320.410.231.01.00.40.550.610.33-0.280.270.49
0.60.830.83-0.440.240.061.00.991.00.980.380.40.40.970.170.990.750.980.99
0.720.940.94-0.520.450.270.970.940.980.890.530.550.550.970.40.940.60.910.99
0.640.650.65-0.330.990.790.150.070.19-0.040.640.610.610.170.40.06-0.340.00.25
0.530.770.76-0.390.13-0.041.01.00.990.990.30.330.330.990.940.060.811.00.98
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0.480.720.72-0.350.08-0.110.991.00.981.00.240.270.270.980.910.01.00.840.96
0.670.880.88-0.510.30.160.990.981.00.950.470.490.490.990.990.250.980.680.96
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Raytech Holding Account Relationship Matchups

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Additional Tools for Raytech Stock Analysis

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