Superior Historical Income Statement
SPB Stock | CAD 6.62 0.15 2.32% |
Historical analysis of Superior Plus income statement accounts such as EBITDA of 597.7 M, Net Income of 36 M, Income Tax Expense of 38 M or Depreciation And Amortization of 347.7 M can show how well Superior Plus Corp performed in making a profits. Evaluating Superior Plus income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Superior Plus's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Superior Plus Corp 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 Superior Plus Corp is a good buy for the upcoming year.
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About Superior Income Statement Analysis
Superior Plus Corp 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 Superior Plus shareholders. The income statement also shows Superior 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).
Superior Plus Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Superior Plus Corp 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 Superior Plus Corp minus its cost of goods sold. It is profit before Superior Plus 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.Operating Income
Operating Income is the amount of profit realized from Superior Plus Corp 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 Superior Plus Corp 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.Most accounts from Superior Plus' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Superior Plus Corp 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 Superior Plus Corp. 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, Superior Plus' Discontinued Operations is very stable compared to the past year. As of the 1st of December 2024, Net Income From Continuing Ops is likely to grow to about 60.9 M, while Interest Expense is likely to drop about 47.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 912.7M | 1.2B | 1.5B | 1.2B | Total Revenue | 2.4B | 3.4B | 3.4B | 2.5B |
Superior Plus income statement Correlations
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Superior Plus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Superior Plus income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 114.3M | 106.5M | 77.6M | 88.9M | 92.3M | 47.1M | |
Total Revenue | 2.9B | 2.4B | 2.4B | 3.4B | 3.4B | 2.5B | |
Gross Profit | 1.2B | 1.1B | 912.7M | 1.2B | 1.5B | 1.2B | |
Operating Income | 315.2M | 246M | 117.1M | 182.3M | 272.3M | 136.5M | |
Ebitda | 534.5M | 328.5M | 318.2M | 203.3M | 569.2M | 597.7M | |
Total Other Income Expense Net | (73.7M) | (32.3M) | (84.1M) | (307.2M) | (159.1M) | (151.1M) | |
Net Income | 142.6M | 58.9M | 17.2M | (87.9M) | 51.6M | 36.0M | |
Income Tax Expense | (300K) | 25M | 71.9M | (37M) | 36.2M | 38.0M | |
Depreciation And Amortization | 254.1M | 194.8M | 201.5M | 238.9M | 331.1M | 347.7M | |
Selling General Administrative | 436.9M | 392.5M | 426.4M | 548.2M | 756.5M | 383.8M | |
Other Operating Expenses | 2.5B | 2.1B | 2.3B | 3.2B | 3.1B | 2.4B | |
Ebit | 280.4M | 133.7M | 116.7M | (35.6M) | 238.1M | 250.0M | |
Total Operating Expenses | 897.8M | 859.7M | 776.8M | 1.0B | 1.2B | 795.1M | |
Income Before Tax | 167.6M | 158.7M | 22.9M | (124.9M) | 113.2M | 118.9M | |
Cost Of Revenue | 1.6B | 1.3B | 1.5B | 2.2B | 1.8B | 1.7B | |
Selling And Marketing Expenses | 246.9M | 235.7M | 141.7M | 179.8M | 171.6M | 182.0M | |
Net Income From Continuing Ops | 142.6M | 86.8M | 17.2M | (87.9M) | 58.0M | 60.9M | |
Net Income Applicable To Common Shares | 142.6M | 75.1M | 182.9M | (112.5M) | (101.3M) | (96.2M) | |
Tax Provision | 25M | 71.9M | 5.7M | (37M) | 27.3M | 24.2M | |
Net Interest Income | (114.3M) | (106.5M) | (96.4M) | (91.6M) | (94.2M) | (98.9M) | |
Reconciled Depreciation | 252.6M | 267.1M | 201.1M | 238.9M | 249.6M | 239.1M |
Pair Trading with Superior Plus
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 Superior Plus 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 Superior Plus will appreciate offsetting losses from the drop in the long position's value.Moving against Superior Stock
0.89 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
0.87 | BOFA | Bank of America | PairCorr |
0.87 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
0.85 | JPM | JPMorgan Chase | PairCorr |
0.85 | RY-PJ | Royal Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Superior Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Superior Plus 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 Superior Plus - 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 Superior Plus Corp to buy it.
The correlation of Superior Plus 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 Superior Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Superior Plus Corp 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 Superior Plus 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 Superior Stock
Superior Plus Corp 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 Superior Plus shareholders. The income statement also shows Superior 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).