Troilus Historical Income Statement
| TLG Stock | CAD 0.29 0.01 3.33% |
Historical analysis of Troilus Gold income statement accounts such as Total Operating Expenses of 40.9 M, Total Other Income Expense Net of 36 M, Income Tax Expense of 225.6 K or Selling And Marketing Expenses of 16.9 K can show how well Troilus Gold Corp performed in making a profits. Evaluating Troilus Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Troilus Gold's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Troilus Gold 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 Troilus Gold Corp is a good buy for the upcoming year.
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About Troilus Income Statement Analysis
Troilus Gold 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 Troilus Gold shareholders. The income statement also shows Troilus 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).
Troilus Gold 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 Troilus Gold Corp. It is also known as Troilus Gold 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 Troilus Gold 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 Troilus Gold 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.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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Troilus Gold income statement and is an important metric when analyzing Troilus Gold 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 Troilus Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Troilus Gold 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 Troilus Gold 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 board of governors. At this time, Troilus Gold's Income Tax Expense is very stable compared to the past year. As of the 21st of December 2024, Interest Income is likely to grow to about 11.9 M, though Operating Income is likely to grow to (30.1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 1.4M | 1.5M | 1.8M | 952.9K | Cost Of Revenue | 305.0K | 1.5M | 1.8M | 1.8M |
Troilus Gold income statement Correlations
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Troilus Gold Account Relationship Matchups
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Troilus Gold income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 908.7K | 1.2M | 1.5M | 1.6M | 1.5M | 1.5M | |
| Interest Expense | 195.2K | 157.7K | 133.9K | 136.0K | 122.4K | 122.9K | |
| Selling General Administrative | 6.5M | 11.6M | 12.9M | 21.5M | 24.7M | 25.9M | |
| Other Operating Expenses | 20.0M | 62.5M | 44.1M | 35.4M | 40.7M | 42.7M | |
| Operating Income | (18.2M) | (56.3M) | (36.1M) | (35.2M) | (31.7M) | (30.1M) | |
| Ebit | (18.2M) | (56.4M) | (36.2M) | (35.3M) | (31.8M) | (30.2M) | |
| Ebitda | (17.3M) | (55.2M) | (34.7M) | (33.7M) | (30.3M) | (28.8M) | |
| Total Operating Expenses | 19.8M | 62.3M | 43.8M | 33.8M | 38.9M | 40.9M | |
| Income Before Tax | (18.4M) | (75.0M) | (36.2M) | (5.6M) | (5.0M) | (5.3M) | |
| Total Other Income Expense Net | (197.4K) | (18.6M) | (105.7K) | 29.8M | 34.3M | 36.0M | |
| Net Income | (20.4M) | (81.4M) | (36.2M) | (5.6M) | (5.0M) | (5.3M) | |
| Income Tax Expense | 2.0M | 6.4M | (28.2K) | 134.4K | 154.6K | 225.6K | |
| Interest Income | 70.6K | 1.4M | 203.1K | 9.9M | 11.4M | 11.9M | |
| Net Income Applicable To Common Shares | (18.4M) | (75.0M) | (36.2M) | (5.6M) | (5.0M) | (5.3M) | |
| Net Income From Continuing Ops | (18.4M) | (75.0M) | (36.2M) | (5.6M) | (5.0M) | (5.3M) | |
| Net Interest Income | (170.0K) | (234.6K) | (34.9K) | 6.5K | 5.9K | 6.2K | |
| Gross Profit | (197.6K) | (221.1K) | (305.0K) | (1.5M) | (1.4M) | (1.3M) | |
| Cost Of Revenue | 197.6K | 221.1K | 305.0K | 1.5M | 1.8M | 1.8M | |
| Reconciled Depreciation | 874.9K | 1.1M | 1.4M | 1.5M | 1.8M | 952.9K |
Pair Trading with Troilus Gold
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 Troilus Gold 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 Troilus Gold will appreciate offsetting losses from the drop in the long position's value.Moving against Troilus Stock
| 0.52 | FDY | Faraday Copper Corp | PairCorr |
| 0.47 | FSZ | Fiera Capital | PairCorr |
| 0.46 | LAC | Lithium Americas Corp | PairCorr |
| 0.44 | MAC | Themac Resources | PairCorr |
| 0.41 | IE | Ivanhoe Energy | PairCorr |
The ability to find closely correlated positions to Troilus Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Troilus Gold 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 Troilus Gold - 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 Troilus Gold Corp to buy it.
The correlation of Troilus Gold 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 Troilus Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Troilus Gold 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 Troilus Gold 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 Troilus Stock
Troilus Gold 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 Troilus Gold shareholders. The income statement also shows Troilus 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).