Canfor Historical Income Statement
| CFX Stock | CAD 0.86 0.03 3.61% |
Historical analysis of Canfor Pulp income statement accounts such as Total Revenue of 793.4 M, Gross Profit of 96 M or Selling General Administrative of 22.5 M can show how well Canfor Pulp Products performed in making a profits. Evaluating Canfor Pulp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Canfor Pulp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Canfor Pulp Products 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 Canfor Pulp Products is a good buy for the upcoming year.
Canfor |
About Canfor Income Statement Analysis
Canfor Pulp Products 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 Canfor Pulp shareholders. The income statement also shows Canfor 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).
Canfor Pulp Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Canfor Pulp Products 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Canfor Pulp Products minus its cost of goods sold. It is profit before Canfor Pulp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Canfor Pulp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Canfor Pulp Products 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 Canfor Pulp Products. 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, Canfor Pulp's Other Operating Expenses is very stable compared to the past year. As of the 4th of December 2024, Depreciation And Amortization is likely to grow to about 86 M, while Interest Expense is likely to drop about 8.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 282.8M | 218.8M | 101M | 96.0M | Total Revenue | 1.1B | 1.1B | 875.5M | 793.4M |
Canfor Pulp income statement Correlations
Click cells to compare fundamentals
Canfor Pulp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canfor Pulp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 6.3M | 5.3M | 4.8M | 7M | 12.6M | 8.2M | |
| Total Revenue | 1.1B | 990.5M | 1.1B | 1.1B | 875.5M | 793.4M | |
| Gross Profit | 233.2M | 186M | 282.8M | 218.8M | 101M | 96.0M | |
| Operating Income | (35.3M) | (25.3M) | 38.8M | (43.8M) | (127.5M) | (121.1M) | |
| Ebit | (35.4M) | (27.1M) | (57.8M) | (102.7M) | (119.9M) | (113.9M) | |
| Ebitda | 57.6M | 55.2M | 29.6M | (4.9M) | (34.9M) | (33.2M) | |
| Income Before Tax | (41.6M) | (30.6M) | (61M) | (108.3M) | (132.5M) | (125.9M) | |
| Net Income | (30.5M) | (22.4M) | (44.4M) | (79.1M) | (96.1M) | (91.3M) | |
| Income Tax Expense | (11.1M) | (8.2M) | (16.6M) | (29.2M) | (36.4M) | (34.6M) | |
| Selling General Administrative | 31.8M | 25.8M | 23.7M | 28.3M | 29M | 22.5M | |
| Net Income From Continuing Ops | (30.5M) | (22.4M) | (44.4M) | (79.1M) | (96.1M) | (91.3M) | |
| Cost Of Revenue | 854.7M | 804.5M | 862.1M | 866.8M | 774.5M | 628.6M | |
| Total Operating Expenses | 264.2M | 242.1M | 253.3M | 267.3M | 228.5M | 201.7M | |
| Total Other Income Expense Net | 4.5M | (6.3M) | (5.3M) | (2.3M) | (5M) | (5.3M) | |
| Net Income Applicable To Common Shares | (30.5M) | (22.4M) | (44.4M) | (79.1M) | (71.2M) | (67.6M) | |
| Other Operating Expenses | 1.1B | 1.0B | 1.1B | 1.1B | 999.8M | 1.0B | |
| Depreciation And Amortization | 93M | 82.3M | 87.4M | 97.8M | 85M | 86.0M | |
| Selling And Marketing Expenses | 145.5M | 136.2M | 137.7M | 140.5M | 112.7M | 111.1M | |
| Tax Provision | (11.1M) | (8.2M) | (16.6M) | (29.2M) | (36.4M) | (34.6M) | |
| Interest Income | 3.8M | 300K | 2.9M | 5.3M | 500K | 475K | |
| Reconciled Depreciation | 92.9M | 82.2M | 87.3M | 97.8M | 85M | 94.2M |
Pair Trading with Canfor Pulp
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 Canfor Pulp 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 Canfor Pulp will appreciate offsetting losses from the drop in the long position's value.Moving against Canfor Stock
The ability to find closely correlated positions to Canfor Pulp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canfor Pulp 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 Canfor Pulp - 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 Canfor Pulp Products to buy it.
The correlation of Canfor Pulp 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 Canfor Pulp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canfor Pulp Products 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 Canfor Pulp 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 Canfor Stock
Canfor Pulp Products 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 Canfor Pulp shareholders. The income statement also shows Canfor 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).