Valeura Historical Income Statement
| VLE Stock | CAD 6.63 0.34 4.88% |
Historical analysis of Valeura Energy income statement accounts such as Depreciation And Amortization of 135.2 M, Interest Expense of 8.1 M, Selling General Administrative of 28.6 M or Total Revenue of 518.1 M can show how well Valeura Energy performed in making a profits. Evaluating Valeura Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Valeura Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Valeura Energy 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 Valeura Energy is a good buy for the upcoming year.
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About Valeura Income Statement Analysis
Valeura Energy 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 Valeura Energy shareholders. The income statement also shows Valeura 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).
Valeura Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Valeura Energy 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Valeura Energy. It is also known as Valeura Energy 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 Valeura Energy 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 Valeura Energy 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.Cost Of Revenue
Cost of Revenue is found on Valeura Energy income statement and represents the costs associated with goods and services Valeura Energy 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.Most accounts from Valeura Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Valeura Energy 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 Valeura Energy. 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, Valeura Energy's Operating Income is very stable compared to the past year. As of the 13th of December 2024, EBIT is likely to grow to about 307 M, while Net Loss is likely to drop (11.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.7M | 8.4M | 298.1M | 313.0M | Cost Of Revenue | 1.9M | 5.8M | 195.4M | 205.2M |
Valeura Energy income statement Correlations
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Valeura Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Valeura Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 7.8M | 6.1M | 871.3K | 1.7M | 128.7M | 135.2M | |
| Interest Expense | 2.0M | 29.4M | 139K | 121K | 7.7M | 8.1M | |
| Selling General Administrative | 4.1M | 5.4M | 5.0M | 8.3M | 27.2M | 28.6M | |
| Total Revenue | 10.2M | 8.5M | 3.1M | 352.0K | 493.5M | 518.1M | |
| Gross Profit | 1.2M | 403K | 1.2M | (5.4M) | 298.1M | 313.0M | |
| Other Operating Expenses | 14.4M | 14.5M | 7.7M | 14.1M | 493.5M | 518.1M | |
| Operating Income | (2.4M) | 9.2M | 55.5M | (13.8M) | 282.9M | 297.1M | |
| Ebit | (5.6M) | (7.5M) | (82.9M) | (17.4M) | 292.4M | 307.0M | |
| Ebitda | 2.3M | (1.4M) | (82.1M) | (15.7M) | 421.1M | 442.1M | |
| Cost Of Revenue | 9.0M | 8.1M | 1.9M | 5.8M | 195.4M | 205.2M | |
| Total Operating Expenses | 5.4M | 6.4M | 5.7M | 8.4M | 298.1M | 313.0M | |
| Income Before Tax | (4.3M) | (20.2M) | (64.3M) | (13.6M) | 284.6M | 298.9M | |
| Total Other Income Expense Net | (2.0M) | (18.8M) | (61.6M) | (475.5K) | 1.7M | 1.8M | |
| Net Income | (4.8M) | (19.5M) | (64.6M) | (12.2M) | 245.0M | 257.3M | |
| Income Tax Expense | 469K | (627K) | 275K | (1.4M) | 40.3M | 42.3M | |
| Net Income From Continuing Ops | (4.8M) | (19.5M) | (64.6M) | (13.6M) | 244.3M | 256.5M | |
| Net Income Applicable To Common Shares | (4.8M) | (19.5M) | (64.6M) | (12.5M) | (11.2M) | (11.8M) | |
| Tax Provision | 469K | (627K) | 275K | 4.2M | 40.3M | 42.3M | |
| Interest Income | 858K | 901K | 67.3M | 1.6M | 1.8M | 1.7M | |
| Reconciled Depreciation | 4.6M | 3.6M | 188K | 38K | 128.7M | 135.2M |
Pair Trading with Valeura Energy
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 Valeura Energy 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 Valeura Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Valeura Stock
| 0.68 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.73 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.82 | ENS | E Split Corp | PairCorr |
| 0.83 | ENS-PA | E Split Corp | PairCorr |
Moving against Valeura Stock
| 0.85 | RCI-A | Rogers Communications | PairCorr |
| 0.8 | ARA | Aclara Resources | PairCorr |
| 0.66 | CCL-A | CCL Industries | PairCorr |
The ability to find closely correlated positions to Valeura Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Valeura Energy 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 Valeura Energy - 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 Valeura Energy to buy it.
The correlation of Valeura Energy 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 Valeura Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Valeura Energy 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 Valeura Energy 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 Valeura Stock
Valeura Energy 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 Valeura Energy shareholders. The income statement also shows Valeura 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).