Taiga Historical Income Statement
| TBL Stock | CAD 3.81 0.07 1.80% |
Historical analysis of Taiga Building income statement accounts such as Other Operating Expenses of 1.3 B, Operating Income of 44.8 M, EBIT of 44.8 M or Ebitda of 50.2 M can show how well Taiga Building Products performed in making a profits. Evaluating Taiga Building income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Taiga Building's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Taiga Building Products 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 Taiga Building Products is a good buy for the upcoming year.
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About Taiga Income Statement Analysis
Taiga Building Products 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 Taiga Building shareholders. The income statement also shows Taiga 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).
Taiga Building Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Taiga Building Products 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 Taiga Building Products minus its cost of goods sold. It is profit before Taiga Building 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Taiga Building income statement and is an important metric when analyzing Taiga Building Products 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.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Taiga Building's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Taiga Building Products 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Taiga Building Products. 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, Taiga Building's Depreciation And Amortization is very stable compared to the past year. As of the 26th of December 2024, Income Before Tax is likely to grow to about 80.5 M, while Interest Expense is likely to drop about 4.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 300.2M | 291.2M | 198.4M | 136.1M | Total Revenue | 2.2B | 2.2B | 1.7B | 1.4B |
Taiga Building income statement Correlations
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Taiga Building Account Relationship Matchups
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Taiga Building income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 10.2M | 11.4M | 11.1M | 11.5M | 12.3M | 12.9M | |
| Interest Expense | 10.7M | 9.0M | 8.1M | 6.8M | 5.1M | 4.8M | |
| Total Revenue | 1.3B | 1.6B | 2.2B | 2.2B | 1.7B | 1.4B | |
| Gross Profit | 129.5M | 225.2M | 300.2M | 291.2M | 198.4M | 136.1M | |
| Other Operating Expenses | 1.3B | 1.5B | 2.1B | 2.1B | 1.6B | 1.3B | |
| Operating Income | 46.6M | 105.2M | 133.7M | 127.3M | 79.2M | 44.8M | |
| Ebit | 41.0M | 105.2M | 133.7M | 127.3M | 79.6M | 44.8M | |
| Ebitda | 51.2M | 116.6M | 144.9M | 138.8M | 91.9M | 50.2M | |
| Cost Of Revenue | 1.2B | 1.4B | 1.9B | 1.9B | 1.5B | 1.2B | |
| Total Operating Expenses | 82.8M | 119.6M | 165.9M | 163.5M | 119.2M | 91.9M | |
| Income Before Tax | 35.9M | 96.2M | 125.7M | 120.5M | 76.7M | 80.5M | |
| Total Other Income Expense Net | (10.8M) | (6.1M) | (8.4M) | (7.2M) | (2.5M) | (2.6M) | |
| Net Income | 25.9M | 70.8M | 92.7M | 88.6M | 61.3M | 64.4M | |
| Income Tax Expense | 9.9M | 25.4M | 33.0M | 31.9M | 15.4M | 10.1M | |
| Selling General Administrative | 56.9M | 95.6M | 138.3M | 133.5M | 87.0M | 77.9M | |
| Selling And Marketing Expenses | 25.8M | 26.8M | 27.6M | 29.9M | 32.3M | 26.4M | |
| Net Income From Continuing Ops | 25.9M | 70.8M | 92.7M | 88.6M | 61.3M | 39.2M | |
| Net Income Applicable To Common Shares | 25.9M | 70.8M | 92.7M | 88.6M | 101.9M | 107.0M | |
| Tax Provision | 9.9M | 25.4M | 33.0M | 31.9M | 15.4M | 17.6M | |
| Interest Income | 11.0M | 9.3M | 8.4M | 7.3M | 3.0M | 2.9M | |
| Net Interest Income | (11.0M) | (9.3M) | (8.4M) | (7.3M) | (2.3M) | (2.4M) | |
| Reconciled Depreciation | 10.8M | 11.4M | 11.1M | 11.5M | 12.3M | 11.5M |
Pair Trading with Taiga Building
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 Taiga Building 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 Taiga Building will appreciate offsetting losses from the drop in the long position's value.Moving against Taiga Stock
The ability to find closely correlated positions to Taiga Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taiga Building 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 Taiga Building - 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 Taiga Building Products to buy it.
The correlation of Taiga Building 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 Taiga Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taiga Building Products 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 Taiga Building 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 Taiga Stock
Taiga Building Products 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 Taiga Building shareholders. The income statement also shows Taiga 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).