Richmond Historical Income Statement
RMD Stock | CAD 0.03 0.01 16.67% |
Historical analysis of Richmond Minerals income statement accounts such as Total Operating Expenses of 262.3 K or Reconciled Depreciation of 308 can show how well Richmond Minerals performed in making a profits. Evaluating Richmond Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Richmond Minerals's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Richmond Minerals 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 Richmond Minerals is a good buy for the upcoming year.
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About Richmond Income Statement Analysis
Richmond Minerals 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 Richmond Minerals shareholders. The income statement also shows Richmond 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).
Richmond Minerals Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Richmond Minerals minus its cost of goods sold. It is profit before Richmond Minerals 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.Cost Of Revenue
Cost of Revenue is found on Richmond Minerals income statement and represents the costs associated with goods and services Richmond Minerals 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Richmond Minerals income statement and is an important metric when analyzing Richmond Minerals profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Richmond Minerals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Richmond Minerals 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 Richmond Minerals. 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. At this time, Richmond Minerals' Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 241.8 K in 2024, whereas Operating Income is likely to drop (224.9 K) in 2024.
Richmond Minerals income statement Correlations
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Richmond Minerals Account Relationship Matchups
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Richmond Minerals income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 367.0 | 575.0 | 297.0 | 426.0 | 11.7K | 12.3K | |
Selling General Administrative | 603.0K | 469.3K | 192.3K | 74.5K | 125.8K | 241.8K | |
Gross Profit | (1.7K) | (1.4K) | (489.0) | (398.0) | (324.0) | (340.2) | |
Operating Income | (604.7K) | (470.6K) | (192.8K) | (161.1K) | (214.2K) | (224.9K) | |
Net Income From Continuing Ops | (731.6K) | (374.0K) | (191.4K) | (159.2K) | (760.0K) | (722.0K) | |
Ebit | (552.7K) | (442.8K) | (163.8K) | (129.4K) | (148.8K) | (156.2K) | |
Cost Of Revenue | 1.7K | 1.4K | 489.0 | 398.0 | 324.0 | 307.8 | |
Total Operating Expenses | 604.7K | 470.6K | 192.8K | 161.1K | 214.2K | 262.3K | |
Income Before Tax | (814.7K) | (469.6K) | (194.7K) | (162.1K) | (792.5K) | (752.9K) | |
Total Other Income Expense Net | (209.6K) | 1.7K | (1.6K) | (518.0) | (566.6K) | (538.3K) | |
Net Income Applicable To Common Shares | (731.6K) | (374.0K) | (191.4K) | (159.2K) | (183.0K) | (192.2K) | |
Net Income | (731.6K) | (374.0K) | (191.4K) | (159.2K) | (760.0K) | (722.0K) | |
Income Tax Expense | (83.1K) | (95.6K) | (3.3K) | (2.9K) | (2.6K) | (2.8K) | |
Tax Provision | (83.1K) | (95.6K) | (3.3K) | (2.9K) | (32.5K) | (34.1K) | |
Net Interest Income | (367.0) | (575.0) | (297.0) | (426.0) | (11.7K) | (11.1K) | |
Ebitda | (305.6K) | (812.6K) | (467.6K) | (193.9K) | (174.5K) | (183.3K) | |
Reconciled Depreciation | 1.7K | 1.4K | 489.0 | 398.0 | 324.0 | 307.8 |
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When running Richmond Minerals' price analysis, check to measure Richmond Minerals' 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 Richmond Minerals is operating at the current time. Most of Richmond Minerals' value examination focuses on studying past and present price action to predict the probability of Richmond Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richmond Minerals' price. Additionally, you may evaluate how the addition of Richmond Minerals to your portfolios can decrease your overall portfolio volatility.