Xencor Historical Income Statement
XNCR Stock | USD 25.60 0.02 0.08% |
Historical analysis of Xencor income statement accounts such as Depreciation And Amortization of 12.1 M, Interest Expense of 44.4 M, Selling General Administrative of 56 M or Total Revenue of 94.4 M can show how well Xencor Inc performed in making a profits. Evaluating Xencor income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Xencor's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Xencor Inc 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 Xencor Inc is a good buy for the upcoming year.
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About Xencor Income Statement Analysis
Xencor Inc 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 Xencor shareholders. The income statement also shows Xencor 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).
Xencor Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Xencor Inc 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 Xencor Inc. It is also known as Xencor 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Xencor Inc financial statement analysis. It represents the amount of money remaining after all of Xencor Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Xencor's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Xencor Inc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xencor Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Xencor's Income Tax Expense is relatively stable compared to the past year. As of 12/02/2024, Cost Of Revenue is likely to grow to about 266.3 M, though Gross Profit is likely to grow to (81 M).
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 7.5M | 8.8M | 10.4M | 6.6M | Net Interest Income | 849K | 4.8M | 13.7M | 7.6M |
Xencor income statement Correlations
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Xencor Account Relationship Matchups
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High Negative Relationship
Xencor income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 4.3M | 5.8M | 7.5M | 8.8M | 11.5M | 12.1M | |
Interest Expense | 17.7M | 0.0 | 7.5M | 36.8M | 42.3M | 44.4M | |
Selling General Administrative | 24.3M | 29.7M | 38.8M | 47.5M | 53.4M | 56.0M | |
Total Revenue | 156.7M | 122.7M | 275.1M | 164.6M | 168.3M | 94.4M | |
Gross Profit | 38.1M | 122.7M | 275.1M | 164.6M | (85.3M) | (81.0M) | |
Other Operating Expenses | 142.9M | 199.5M | 231.3M | 247.1M | 307.0M | 322.3M | |
Operating Income | 9.5M | (76.8M) | 43.8M | (82.5M) | (138.6M) | (131.7M) | |
Ebit | 9.5M | (76.8M) | 43.8M | (82.5M) | (137.4M) | (130.5M) | |
Research Development | 118.6M | 169.8M | 192.5M | 199.6M | 253.6M | 266.3M | |
Ebitda | 13.8M | (71.0M) | 51.3M | (73.7M) | (125.9M) | (119.6M) | |
Total Operating Expenses | 142.9M | 199.5M | 231.3M | 247.1M | 307.0M | 322.3M | |
Income Before Tax | 27.2M | (69.3M) | 82.6M | (54.5M) | (120.4M) | (114.4M) | |
Total Other Income Expense Net | 17.7M | 7.5M | 38.9M | 28.0M | 18.2M | 19.1M | |
Net Income | 26.9M | (63.5M) | 82.6M | (55.2M) | (126.1M) | (119.8M) | |
Income Tax Expense | 312K | (5.8M) | (7.5M) | 673K | 5.8M | 6.1M | |
Cost Of Revenue | 118.6M | 169.8M | 7.5M | 8.8M | 253.6M | 266.3M | |
Net Income From Continuing Ops | 26.9M | (69.3M) | 82.6M | (55.2M) | (119.0M) | (113.1M) | |
Non Operating Income Net Other | 9.8M | 1.9M | (887K) | 36.4M | 41.9M | 44.0M | |
Net Income Applicable To Common Shares | 26.9M | (69.3M) | 82.6M | (55.2M) | (63.5M) | (60.3M) | |
Interest Income | 13.6M | 7.3M | 849K | 4.8M | 13.7M | 7.0M | |
Tax Provision | 0.0 | 312K | (288K) | 673K | (415K) | (394.3K) | |
Net Interest Income | 13.6M | 7.3M | 849K | 4.8M | 13.7M | 7.6M | |
Reconciled Depreciation | 4.3M | 5.8M | 7.5M | 8.8M | 10.4M | 6.6M |
Pair Trading with Xencor
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 Xencor 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 Xencor will appreciate offsetting losses from the drop in the long position's value.Moving against Xencor Stock
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The ability to find closely correlated positions to Xencor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xencor 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 Xencor - 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 Xencor Inc to buy it.
The correlation of Xencor 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 Xencor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xencor Inc 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 Xencor 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.Additional Tools for Xencor Stock Analysis
When running Xencor's price analysis, check to measure Xencor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xencor is operating at the current time. Most of Xencor's value examination focuses on studying past and present price action to predict the probability of Xencor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xencor's price. Additionally, you may evaluate how the addition of Xencor to your portfolios can decrease your overall portfolio volatility.