Trilogy Historical Income Statement

TMQ Stock  CAD 1.58  0.02  1.28%   
Historical analysis of Trilogy Metals income statement accounts such as Total Operating Expenses of 7.2 M, Income Tax Expense of 16.3 M, Research Development of 122.7 K or Cost Of Revenue of 6.8 K can show how well Trilogy Metals performed in making a profits. Evaluating Trilogy Metals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Trilogy Metals's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Trilogy Metals 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 Trilogy Metals is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trilogy Metals. 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.
To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.

About Trilogy Income Statement Analysis

Trilogy Metals 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 Trilogy Metals shareholders. The income statement also shows Trilogy 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).

Trilogy Metals Income Statement Chart

At this time, Trilogy Metals' Interest Expense is very stable compared to the past year. As of the 22nd of December 2024, Other Operating Expenses is likely to grow to about 11.4 M, while Depreciation And Amortization is likely to drop 6,840.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Trilogy Metals. It is also known as Trilogy Metals 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.

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 Trilogy Metals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Trilogy Metals 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 Trilogy Metals. 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.
To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.At this time, Trilogy Metals' Interest Expense is very stable compared to the past year. As of the 22nd of December 2024, Other Operating Expenses is likely to grow to about 11.4 M, while Depreciation And Amortization is likely to drop 6,840.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation17K8K7.2K6.8K
Net Interest Income34K120K108K122.3K

Trilogy Metals income statement Correlations

-0.340.290.080.12-0.08-0.030.22-0.11-0.09-0.120.08-0.60.08-0.08-0.86-0.18-0.26-0.180.180.28
-0.34-0.250.030.010.0-0.01-0.29-0.010.00.00.00.13-0.340.340.40.00.08-0.150.020.01
0.29-0.250.7-0.26-0.71-0.70.960.010.150.06-0.170.250.04-0.04-0.430.070.04-0.070.270.29
0.080.030.7-0.14-0.99-0.990.67-0.180.01-0.11-0.010.34-0.630.63-0.14-0.12-0.140.50.450.18
0.120.01-0.26-0.140.140.15-0.21-0.94-0.99-0.960.98-0.16-0.010.01-0.13-0.96-0.1-0.03-0.71-0.15
-0.080.0-0.71-0.990.141.0-0.690.190.00.110.01-0.360.62-0.620.130.120.13-0.51-0.44-0.21
-0.03-0.01-0.7-0.990.151.0-0.680.18-0.010.110.01-0.40.62-0.620.080.120.11-0.53-0.43-0.2
0.22-0.290.960.67-0.21-0.69-0.68-0.040.090.02-0.10.260.14-0.14-0.360.03-0.02-0.070.120.09
-0.11-0.010.01-0.18-0.940.190.18-0.040.981.0-0.970.00.19-0.190.130.990.09-0.120.60.09
-0.090.00.150.01-0.990.0-0.010.090.980.99-0.990.070.07-0.070.10.990.07-0.030.70.13
-0.120.00.06-0.11-0.960.110.110.021.00.99-0.990.040.15-0.150.140.990.11-0.080.630.09
0.080.0-0.17-0.010.980.010.01-0.1-0.97-0.99-0.99-0.08-0.060.06-0.09-0.98-0.150.04-0.71-0.19
-0.60.130.250.34-0.16-0.36-0.40.260.00.070.04-0.08-0.230.230.270.110.120.10.050.21
0.08-0.340.04-0.63-0.010.620.620.140.190.070.15-0.06-0.23-1.0-0.140.180.14-0.73-0.52-0.28
-0.080.34-0.040.630.01-0.62-0.62-0.14-0.19-0.07-0.150.060.23-1.00.14-0.18-0.140.730.520.28
-0.860.4-0.43-0.14-0.130.130.08-0.360.130.10.14-0.090.27-0.140.140.160.250.3-0.14-0.36
-0.180.00.07-0.12-0.960.120.120.030.990.990.99-0.980.110.18-0.180.160.1-0.110.60.08
-0.260.080.04-0.14-0.10.130.11-0.020.090.070.11-0.150.120.14-0.140.250.1-0.22-0.120.13
-0.18-0.15-0.070.5-0.03-0.51-0.53-0.07-0.12-0.03-0.080.040.1-0.730.730.3-0.11-0.220.440.0
0.180.020.270.45-0.71-0.44-0.430.120.60.70.63-0.710.05-0.520.52-0.140.6-0.120.440.44
0.280.010.290.18-0.15-0.21-0.20.090.090.130.09-0.190.21-0.280.28-0.360.080.130.00.44
Click cells to compare fundamentals

Trilogy Metals Account Relationship Matchups

Trilogy Metals income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization91K21K17K8K7.2K6.8K
Interest Expense19K56K36K34K39.1K65.2K
Selling General Administrative10.5M8.4M6.9M2.0M1.8M1.7M
Other Operating Expenses12.1M8.6M6.9M7.1M6.4M11.4M
Operating Income(187.8M)(8.5M)(7.0M)(7.1M)(6.4M)(6.7M)
Ebit(11.6M)(8.5M)(7.0M)(7.1M)(8.2M)(8.6M)
Ebitda(11.5M)(8.5M)(6.9M)(7.1M)(8.1M)(8.6M)
Total Operating Expenses10.6M8.6M6.9M7.1M6.4M7.2M
Income Before Tax161.8M(21.7M)(24.3M)(15.0M)(17.2M)(16.3M)
Total Other Income Expense Net173.2M(13.7M)(17.5M)(7.9M)(9.0M)(8.6M)
Net Income337.6M(21.7M)(41.5M)(15.0M)(17.2M)(16.3M)
Income Tax Expense(519K)(175.8M)20K17.3M15.5M16.3M
Gross Profit(1.5M)(21K)(17K)(8K)(9.2K)(9.7K)
Cost Of Revenue1.5M21K17K8K7.2K6.8K
Net Income From Continuing Ops161.8M(21.7M)(24.3M)(15.0M)(17.2M)(16.3M)
Net Income Applicable To Common Shares(27.9M)161.8M(21.7M)(24.3M)(27.9M)(26.5M)
Interest Income2.8M13.1M34K120K138K131.1K
Net Interest Income87K16K34K120K108K122.3K
Reconciled Depreciation273K21K17K8K7.2K6.8K

Pair Trading with Trilogy Metals

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 Trilogy Metals 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 Trilogy Metals will appreciate offsetting losses from the drop in the long position's value.

Moving against Trilogy Stock

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The ability to find closely correlated positions to Trilogy Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trilogy Metals 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 Trilogy Metals - 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 Trilogy Metals to buy it.
The correlation of Trilogy Metals 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 Trilogy Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trilogy Metals 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 Trilogy Metals 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.
Pair CorrelationCorrelation Matching
When determining whether Trilogy Metals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Trilogy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trilogy Metals Stock. Highlighted below are key reports to facilitate an investment decision about Trilogy Metals Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trilogy Metals. 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.
To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Please note, there is a significant difference between Trilogy Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trilogy Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trilogy Metals' 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.