Wealth Historical Income Statement

WML Stock  CAD 0.06  0.01  10.00%   
Historical analysis of Wealth Minerals income statement accounts such as Depreciation And Amortization of 4.1 K, Interest Expense of 0.0, Other Operating Expenses of 13.1 M or Total Operating Expenses of 13.1 M can show how well Wealth Minerals performed in making a profits. Evaluating Wealth Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wealth Minerals's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Wealth Minerals 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 Wealth Minerals is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wealth Minerals. 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.

About Wealth Income Statement Analysis

Wealth Minerals 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 Wealth Minerals shareholders. The income statement also shows Wealth 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).

Wealth Minerals Income Statement Chart

At this time, Wealth Minerals' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 13.1 M in 2024, whereas Interest Expense is likely to drop 0.00 in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Wealth Minerals. It is also known as Wealth Minerals 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.

Cost Of Revenue

Cost of Revenue is found on Wealth Minerals income statement and represents the costs associated with goods and services Wealth Minerals 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 Wealth Minerals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wealth Minerals 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 Wealth Minerals. 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, Wealth Minerals' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 13.1 M in 2024, whereas Interest Expense is likely to drop 0.00 in 2024.

Wealth Minerals income statement Correlations

0.240.5-0.34-0.34-0.340.5-0.45-0.28-0.530.40.06-0.060.43-0.050.5-0.32-0.450.510.140.85
0.240.25-0.26-0.26-0.260.25-0.77-0.75-0.710.840.08-0.070.39-0.090.310.11-0.750.190.130.15
0.50.25-0.94-0.94-0.941.0-0.63-0.02-0.490.10.36-0.360.9-0.260.79-0.48-0.650.810.260.42
-0.34-0.26-0.941.01.0-0.940.6-0.050.380.02-0.360.36-0.920.32-0.770.220.62-0.77-0.21-0.22
-0.34-0.26-0.941.01.0-0.940.61-0.050.380.02-0.360.36-0.920.31-0.780.220.62-0.77-0.21-0.22
-0.34-0.26-0.941.01.0-0.940.61-0.050.380.02-0.360.36-0.920.31-0.780.220.62-0.77-0.21-0.22
0.50.251.0-0.94-0.94-0.94-0.63-0.02-0.490.10.36-0.360.9-0.260.79-0.48-0.650.810.260.42
-0.45-0.77-0.630.60.610.61-0.630.760.94-0.7-0.290.29-0.730.27-0.660.050.99-0.60.07-0.29
-0.28-0.75-0.02-0.05-0.05-0.05-0.020.760.87-0.89-0.070.07-0.180.09-0.2-0.160.74-0.120.26-0.19
-0.53-0.71-0.490.380.380.38-0.490.940.87-0.82-0.230.23-0.580.21-0.540.080.94-0.470.09-0.43
0.40.840.10.020.020.020.1-0.7-0.89-0.820.03-0.030.21-0.030.180.01-0.680.050.110.37
0.060.080.36-0.36-0.36-0.360.36-0.29-0.07-0.230.03-1.00.19-0.95-0.01-0.1-0.250.3-0.080.08
-0.06-0.07-0.360.360.360.36-0.360.290.070.23-0.03-1.0-0.190.950.010.10.25-0.30.08-0.08
0.430.390.9-0.92-0.92-0.920.9-0.73-0.18-0.580.210.19-0.19-0.210.89-0.12-0.760.70.190.37
-0.05-0.09-0.260.320.310.31-0.260.270.090.21-0.03-0.950.95-0.21-0.01-0.150.23-0.210.12-0.1
0.50.310.79-0.77-0.78-0.780.79-0.66-0.2-0.540.18-0.010.010.89-0.01-0.14-0.690.570.130.48
-0.320.11-0.480.220.220.22-0.480.05-0.160.080.01-0.10.1-0.12-0.15-0.140.08-0.43-0.23-0.35
-0.45-0.75-0.650.620.620.62-0.650.990.740.94-0.68-0.250.25-0.760.23-0.690.08-0.620.06-0.32
0.510.190.81-0.77-0.77-0.770.81-0.6-0.12-0.470.050.3-0.30.7-0.210.57-0.43-0.62-0.20.3
0.140.130.26-0.21-0.21-0.210.260.070.260.090.11-0.080.080.190.120.13-0.230.06-0.20.27
0.850.150.42-0.22-0.22-0.220.42-0.29-0.19-0.430.370.08-0.080.37-0.10.48-0.35-0.320.30.27
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Wealth Minerals Account Relationship Matchups

Wealth Minerals income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.0K2.3K1.8K6.5K5.9K4.1K
Interest Expense17.6M376.3K527.4K190.8K17.7K0.0
Other Operating Expenses2.9M4.7M11.8M10.8M12.5M13.1M
Operating Income(3.1M)(6.1M)(15.6M)(10.8M)(9.8M)(9.3M)
Ebit(3.1M)(6.1M)(15.6M)(10.8M)(9.8M)(9.3M)
Ebitda(3.1M)(6.1M)(15.6M)(10.8M)(9.7M)(9.3M)
Total Operating Expenses2.9M4.7M11.8M10.8M12.5M13.1M
Income Before Tax(5.9M)(9.4M)(4.7M)(9.8M)(8.8M)(9.3M)
Total Other Income Expense Net(2.7M)(3.3M)11.0M1.0M913.9K959.6K
Net Income(5.6M)(8.2M)6.3M(10.4M)(9.4M)(8.9M)
Income Tax Expense(262.2K)(1.2M)(11.0M)602.3K542.1K515.0K
Gross Profit(3.0K)(2.3K)(1.8K)(6.5K)(7.5K)(7.9K)
Cost Of Revenue3.0K2.3K1.8K6.5K5.9K5.6K
Selling General Administrative2.6M4.2M8.1M7.1M8.2M4.6M
Selling And Marketing Expenses379.3K64.5K29.1K279.7K321.6K174.7K
Net Income From Continuing Ops(5.9M)(9.4M)(4.7M)(10.4M)(9.4M)(9.9M)
Net Income Applicable To Common Shares(28.9M)(17.5M)(5.3M)(9.4M)(8.4M)(8.9M)
Reconciled Depreciation3.0K2.3K1.8K6.5K7.5K4.1K

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Additional Tools for Wealth Stock Analysis

When running Wealth Minerals' price analysis, check to measure Wealth Minerals' 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 Wealth Minerals is operating at the current time. Most of Wealth Minerals' value examination focuses on studying past and present price action to predict the probability of Wealth Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wealth Minerals' price. Additionally, you may evaluate how the addition of Wealth Minerals to your portfolios can decrease your overall portfolio volatility.