Titan Historical Income Statement
| TI Stock | CAD 0.31 0.03 10.71% |
Historical analysis of Titan Mining income statement accounts such as Total Revenue of 27.8 M, Other Operating Expenses of 33.5 M, EBITDA of 6.5 M or Cost Of Revenue of 31.9 M can show how well Titan Mining Corp performed in making a profits. Evaluating Titan Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Titan Mining's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Titan Mining Corp 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 Titan Mining Corp is a good buy for the upcoming year.
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About Titan Income Statement Analysis
Titan Mining Corp 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 Titan Mining shareholders. The income statement also shows Titan 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).
Titan Mining Income Statement Chart
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Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Titan Mining Corp. It is also known as Titan Mining 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 Titan Mining Corp 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 Titan Mining Corp 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Titan Mining income statement and is an important metric when analyzing Titan Mining Corp 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 Titan Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Titan Mining Corp 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 Titan Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Titan Mining's Interest Income is very stable compared to the past year. As of the 22nd of December 2024, Selling General Administrative is likely to grow to about 4.6 M, though Net Interest Income is likely to grow to (3.7 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 11.9M | 12.3M | 13.0M | 6.8M | Interest Income | 10K | 155K | 234K | 312.6K |
Titan Mining income statement Correlations
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Titan Mining Account Relationship Matchups
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Titan Mining income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Interest Income | (2.9M) | (2.9M) | (2.8M) | (2.5M) | (3.9M) | (3.7M) | |
| Interest Income | 2.2M | 23K | 10K | 155K | 234K | 312.6K | |
| Depreciation And Amortization | 158K | 10.1M | 11.9M | 12.3M | 13.0M | 6.8M | |
| Interest Expense | 3.2M | 3.0M | 2.8M | 2.7M | 3.4M | 2.2M | |
| Selling General Administrative | 4.0M | 3.2M | 3.9M | 4.6M | 4.3M | 4.6M | |
| Total Revenue | 1.1M | 32.6M | 55.6M | 62.1M | 52.1M | 27.8M | |
| Gross Profit | 1.1M | (4.7M) | 9.4M | 7.4M | (7.7M) | (7.3M) | |
| Other Operating Expenses | 7.7M | 44.3M | 54.0M | 61.7M | 52.1M | 33.5M | |
| Operating Income | (6.6M) | (11.5M) | 4.2M | 509K | (14.1M) | (14.8M) | |
| Net Income From Continuing Ops | (10.9M) | (13.7M) | 454K | (940K) | (10.2M) | (10.7M) | |
| Ebit | (6.6M) | (11.5M) | 3.5M | 1.6M | (6.8M) | (7.1M) | |
| Ebitda | (6.4M) | (1.4M) | 15.4M | 13.9M | 6.2M | 6.5M | |
| Total Operating Expenses | 7.7M | 7.0M | 7.8M | 7.1M | (7.7M) | (7.3M) | |
| Income Before Tax | (10.9M) | (13.7M) | 754K | (870K) | (10.2M) | (10.7M) | |
| Total Other Income Expense Net | (4.3M) | (2.2M) | (3.4M) | (1.4M) | 3.9M | 4.1M | |
| Net Income Applicable To Common Shares | (10.9M) | (13.7M) | 454K | (940K) | (1.1M) | (1.1M) | |
| Net Income | (14.1M) | (16.8M) | 454K | (940K) | (10.2M) | (10.7M) | |
| Income Tax Expense | 3.2M | 3.1M | 300K | 70K | 14K | 13.3K | |
| Reconciled Depreciation | 158K | 10.1M | 11.9M | 12.3M | 13.0M | 7.6M |
Pair Trading with Titan Mining
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 Titan Mining 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 Titan Mining will appreciate offsetting losses from the drop in the long position's value.Moving against Titan Stock
The ability to find closely correlated positions to Titan Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Mining 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 Titan Mining - 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 Titan Mining Corp to buy it.
The correlation of Titan Mining 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 Titan Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Mining Corp 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 Titan Mining 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 Titan Stock
Titan Mining Corp 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 Titan Mining shareholders. The income statement also shows Titan 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).