Rivian Historical Income Statement
| RIVN Stock | USD 12.22 0.67 5.80% |
Historical analysis of Rivian Automotive income statement accounts such as Interest Expense of 231 M, Selling General Administrative of 1.1 B, Total Revenue of 4.7 B or Other Operating Expenses of 5.4 B can show how well Rivian Automotive performed in making a profits. Evaluating Rivian Automotive income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rivian Automotive's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Rivian Automotive 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 Rivian Automotive is a good buy for the upcoming year.
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About Rivian Income Statement Analysis
Rivian Automotive 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 Rivian Automotive shareholders. The income statement also shows Rivian 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).
Rivian Automotive 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 Rivian Automotive. It is also known as Rivian Automotive 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.Cost Of Revenue
Cost of Revenue is found on Rivian Automotive income statement and represents the costs associated with goods and services Rivian Automotive provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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.Most accounts from Rivian Automotive's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rivian Automotive 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 Rivian Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Rivian Stock, please use our How to Invest in Rivian Automotive guide.At this time, Rivian Automotive's Cost Of Revenue is very stable compared to the past year. As of the 28th of November 2024, Reconciled Depreciation is likely to grow to about 909.3 M, while Selling General Administrative is likely to drop about 1.1 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 197M | 652M | 937M | 983.9M | Interest Income | 3M | 193M | 490M | 514.5M |
Rivian Automotive income statement Correlations
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Rivian Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Rivian Automotive
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 Rivian Automotive 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 Rivian Automotive will appreciate offsetting losses from the drop in the long position's value.Moving together with Rivian Stock
Moving against Rivian Stock
| 0.77 | ZK | ZEEKR Intelligent | PairCorr |
| 0.75 | LI | Li Auto Buyout Trend | PairCorr |
| 0.64 | MOD | Modine Manufacturing | PairCorr |
| 0.56 | BWA | BorgWarner | PairCorr |
| 0.46 | BC | Brunswick | PairCorr |
The ability to find closely correlated positions to Rivian Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rivian Automotive 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 Rivian Automotive - 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 Rivian Automotive to buy it.
The correlation of Rivian Automotive 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 Rivian Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rivian Automotive 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 Rivian Automotive 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rivian Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Rivian Stock, please use our How to Invest in Rivian Automotive guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rivian Automotive. If investors know Rivian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rivian Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.60) | Revenue Per Share 4.602 | Quarterly Revenue Growth (0.35) | Return On Assets (0.23) | Return On Equity (0.67) |
The market value of Rivian Automotive is measured differently than its book value, which is the value of Rivian that is recorded on the company's balance sheet. Investors also form their own opinion of Rivian Automotive's value that differs from its market value or its book value, called intrinsic value, which is Rivian Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rivian Automotive's market value can be influenced by many factors that don't directly affect Rivian Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rivian Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rivian Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rivian Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.