RioCan Historical Income Statement
| REI-UN Stock | CAD 19.01 0.20 1.06% |
Historical analysis of RioCan Real income statement accounts such as Other Operating Expenses of 367 M, Operating Income of 537.6 M, EBIT of 245.2 M or Ebitda of 225.2 M can show how well RioCan Real Estate performed in making a profits. Evaluating RioCan Real income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of RioCan Real's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining RioCan Real Estate 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 RioCan Real Estate is a good buy for the upcoming year.
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About RioCan Income Statement Analysis
RioCan Real Estate 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 RioCan Real shareholders. The income statement also shows RioCan 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).
RioCan Real Income Statement Chart
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Total Revenue
Total revenue comprises all receipts RioCan Real Estate 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 RioCan Real Estate minus its cost of goods sold. It is profit before RioCan Real 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 RioCan Real Estate. It is also known as RioCan Real 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 RioCan Real Estate 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 RioCan Real Estate 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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from RioCan Real's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into RioCan Real Estate 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 RioCan Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, RioCan Real's EBIT is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 73.1 M, whereas Depreciation And Amortization is forecasted to decline to about 2.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 689.9M | 700.5M | 748.8M | 589.5M | Total Revenue | 1.2B | 1.2B | 1.2B | 835.3M |
RioCan Real income statement Correlations
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RioCan Real Account Relationship Matchups
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RioCan Real income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 662.3M | 524.9M | 553.9M | 579.9M | 2.6M | 2.5M | |
| Interest Expense | 182.8M | 180.8M | 171.5M | 180.4M | 208.9M | 121.6M | |
| Total Revenue | 1.3B | 1.1B | 1.2B | 1.2B | 1.2B | 835.3M | |
| Gross Profit | 737.3M | 670.1M | 689.9M | 700.5M | 748.8M | 589.5M | |
| Other Operating Expenses | 635.8M | 514.1M | 536.6M | 567.8M | 479.8M | 367.0M | |
| Operating Income | 717.5M | 648.2M | 671.3M | 669.3M | 679.2M | 537.6M | |
| Ebit | 59.5M | 127.5M | 121.4M | 94.2M | 234.4M | 245.2M | |
| Ebitda | 721.8M | 652.5M | 675.3M | 674.1M | 237.0M | 225.2M | |
| Total Operating Expenses | 46.8M | 40.5M | 51.4M | 54.4M | 58.4M | 55.2M | |
| Total Other Income Expense Net | 59.7M | (707.6M) | (81.7M) | (661.5M) | (653.8M) | (621.1M) | |
| Net Income | 775.8M | (64.8M) | 598.4M | 236.8M | 38.8M | 36.9M | |
| Income Tax Expense | 1.4M | 10.6M | (59K) | 921K | (13.4M) | (12.7M) | |
| Selling General Administrative | 42.4M | 36.2M | 47.4M | 49.7M | 69.7M | 73.1M | |
| Cost Of Revenue | 589.0M | 473.6M | 485.2M | 513.4M | 409.5M | 433.8M | |
| Income Before Tax | 777.2M | (54.2M) | 598.3M | 237.7M | 25.4M | 24.2M | |
| Net Income From Continuing Ops | 775.8M | (64.8M) | 598.4M | 236.8M | 38.8M | 36.9M | |
| Net Income Applicable To Common Shares | 775.8M | (64.8M) | 598.4M | 236.8M | 213.1M | 406.2M | |
| Research Development | 0.56 | 0.05 | 0.49 | 0.19 | 0.01 | 0.0095 | |
| Tax Provision | 1.4M | 10.6M | (59K) | 921K | (13.4M) | (12.7M) | |
| Net Interest Income | (165.9M) | (166.2M) | (157.9M) | (159.5M) | (183.8M) | (193.0M) | |
| Interest Income | 16.9M | 14.6M | 13.7M | 20.9M | 25.1M | 15.9M | |
| Reconciled Depreciation | 4.4M | 4.3M | 4.0M | 4.8M | 2.6M | 4.0M |
Pair Trading with RioCan Real
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 RioCan Real 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 RioCan Real will appreciate offsetting losses from the drop in the long position's value.Moving against RioCan Stock
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The ability to find closely correlated positions to RioCan Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RioCan Real 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 RioCan Real - 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 RioCan Real Estate to buy it.
The correlation of RioCan Real 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 RioCan Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RioCan Real Estate 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 RioCan Real 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.Other Information on Investing in RioCan Stock
RioCan Real Estate 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 RioCan Real shareholders. The income statement also shows RioCan 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).