Alamos Historical Income Statement
AGI Stock | CAD 26.39 0.09 0.34% |
Historical analysis of Alamos Gold income statement accounts such as Interest Expense of 3.8 M, Selling General Administrative of 18.6 M or Total Revenue of 1.1 B can show how well Alamos Gold performed in making a profits. Evaluating Alamos Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alamos Gold's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Alamos Gold 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 Alamos Gold is a good buy for the upcoming year.
Alamos |
About Alamos Income Statement Analysis
Alamos Gold 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 Alamos Gold shareholders. The income statement also shows Alamos 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).
Alamos Gold Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Alamos Gold 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 Alamos Gold. It is also known as Alamos 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.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 Alamos Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alamos Gold 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. 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 Alamos Stock, please use our How to Invest in Alamos Gold guide.At this time, Alamos Gold's EBIT is very stable compared to the past year. As of the 26th of December 2024, EBITDA is likely to grow to about 510.7 M, while Selling General Administrative is likely to drop about 18.6 M.
Alamos Gold income statement Correlations
Click cells to compare fundamentals
Alamos Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alamos Gold income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 165M | 153.8M | 170.9M | 171.5M | 190.2M | 199.7M | |
Interest Expense | 3M | 2.5M | 4.3M | 4.5M | 5.7M | 3.8M | |
Selling General Administrative | 29M | 31.3M | 35.6M | 44.2M | 27.6M | 18.6M | |
Total Revenue | 683.1M | 748.1M | 823.6M | 821.2M | 1.0B | 1.1B | |
Gross Profit | 161.7M | 272.6M | 289.5M | 212.3M | 575.8M | 604.6M | |
Other Operating Expenses | 557.1M | 514M | 584.4M | 671.5M | 705.2M | 740.5M | |
Operating Income | 126M | 227.6M | 235.6M | 144.6M | 318.1M | 334.0M | |
Ebit | 123.8M | 234.1M | 239.2M | 149.7M | 296.2M | 311.0M | |
Ebitda | 288.8M | 387.9M | 410.1M | 321.2M | 486.4M | 510.7M | |
Total Operating Expenses | 35.7M | 38.5M | 50.3M | 62.6M | 257.7M | 270.6M | |
Net Income | 96.1M | 144.2M | (66.7M) | 37.1M | 210M | 220.5M | |
Income Tax Expense | 32.8M | 74M | 69M | 65.3M | 83.7M | 87.9M | |
Cost Of Revenue | 521.4M | 475.5M | 534.1M | 608.9M | 447.5M | 321.6M | |
Income Before Tax | 128.9M | 218.2M | 2.3M | 102.4M | 293.7M | 308.4M | |
Total Other Income Expense Net | 2.9M | (9.4M) | (12.6M) | (9.1M) | (24.4M) | (23.2M) | |
Net Income From Continuing Ops | 96.1M | 144.2M | (66.7M) | 37.1M | 210M | 220.5M | |
Net Income Applicable To Common Shares | 96.1M | 144.2M | (66.7M) | 37.1M | 42.7M | 44.8M | |
Tax Provision | 32.8M | 74M | 69M | 65.3M | 83.7M | 87.9M | |
Interest Income | 7.8M | 2.8M | 5M | 4.3M | 3.9M | 3.7M | |
Net Interest Income | (3M) | (2.5M) | (4.3M) | (4.5M) | (5.7M) | (2.6M) | |
Reconciled Depreciation | 165M | 153.8M | 170.9M | 171.5M | 190.2M | 179.7M |
Pair Trading with Alamos 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 Alamos 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 Alamos Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Alamos Stock
Moving against Alamos Stock
The ability to find closely correlated positions to Alamos 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 Alamos 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 Alamos 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 Alamos Gold to buy it.
The correlation of Alamos 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 Alamos Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamos Gold 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 Alamos 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. 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 Alamos Stock, please use our How to Invest in Alamos Gold guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.