Great Historical Income Statement
AJX Stock | USD 3.73 0.08 2.19% |
Historical analysis of Great Ajax income statement accounts such as Selling General Administrative of 3 M, Total Revenue of 39.7 M or Gross Profit of 30.9 M can show how well Great Ajax Corp performed in making a profits. Evaluating Great Ajax income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Great Ajax's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Great Ajax 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 Great Ajax Corp is a good buy for the upcoming year.
Great |
About Great Income Statement Analysis
Great Ajax 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 Great Ajax shareholders. The income statement also shows Great 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).
Great Ajax Income Statement Chart
Great Ajax Corp Income Statement is one of the three primary financial statements used for reporting Great's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Great Ajax Corp revenue and expense. Great Ajax Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Great Ajax's Other Operating Expenses is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 18.2 M in 2024, whereas Interest Expense is likely to drop slightly above 41.5 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Great Ajax 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 Great Ajax Corp minus its cost of goods sold. It is profit before Great Ajax 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Great Ajax Corp. It is also known as Great Ajax 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.Most accounts from Great Ajax's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Great Ajax 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. At this time, Great Ajax's Other Operating Expenses is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 18.2 M in 2024, whereas Interest Expense is likely to drop slightly above 41.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 15.2M | 19.3M | 47.6M | 30.9M | Total Revenue | 31.9M | 35.6M | 62.7M | 39.7M |
Great Ajax income statement Correlations
Click cells to compare fundamentals
Great Ajax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Great Ajax income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 59.3M | 48.7M | 36.7M | 43.6M | 59.3M | 41.5M | |
Selling General Administrative | 2.3M | 2.3M | 2.8M | 3.3M | 3.8M | 3.0M | |
Total Revenue | 46.4M | 36.1M | 31.9M | 35.6M | 62.7M | 39.7M | |
Gross Profit | 25.4M | 35.9M | 15.2M | 19.3M | 47.6M | 30.9M | |
Other Operating Expenses | 11.6M | 7.7M | 10.2M | 2.1M | 37.8M | 39.7M | |
Operating Income | 34.8M | 28.4M | 42.1M | 17.3M | 33.0M | 32.0M | |
Net Income From Continuing Ops | 37.1M | 33.6M | 41.8M | (14.9M) | (30.6M) | (29.1M) | |
Ebit | 34.8M | 28.4M | 42.1M | 17.3M | (49.6M) | (47.1M) | |
Cost Of Revenue | 21.0M | 211K | 16.7M | 16.3M | 15.0M | 18.2M | |
Total Operating Expenses | (11.6M) | (7.7M) | 10.2M | 2.1M | 14.6M | 15.4M | |
Income Before Tax | 37.2M | 33.5M | 42.0M | (12.1M) | (46.7M) | (44.4M) | |
Total Other Income Expense Net | 2.4M | 5.1M | (80K) | (29.4M) | (79.7M) | (75.7M) | |
Net Income Applicable To Common Shares | 34.7M | 22.8M | 34.1M | (28.7M) | (25.8M) | (24.5M) | |
Net Income | 34.7M | 22.6M | 41.9M | (14.9M) | (47.1M) | (44.7M) | |
Income Tax Expense | 124K | (125K) | 234K | 2.8M | 243K | 389.7K | |
Minority Interest | 2.4M | 5.1M | (80K) | 75K | (84K) | (79.8K) | |
Tax Provision | 124K | (125K) | 234K | 2.8M | 406K | 453.0K | |
Depreciation And Amortization | 499K | 29K | 7K | 444K | 534K | 560.7K | |
Ebitda | 35.3M | 28.4M | 42.1M | 17.8M | (49.0M) | (46.6M) | |
Net Interest Income | 53.1M | 51.4M | 56.6M | 39.0M | 13.8M | 13.1M | |
Interest Income | 112.4M | 100.1M | 93.4M | 82.6M | 73.1M | 73.2M | |
Non Operating Income Net Other | 903K | (816K) | (740K) | (7.3M) | (6.6M) | (6.3M) | |
Reconciled Depreciation | 499K | 29K | 7K | 444K | 504K | 270.0K |
Pair Trading with Great Ajax
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 Great Ajax 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 Great Ajax will appreciate offsetting losses from the drop in the long position's value.Moving against Great Stock
0.81 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
0.76 | AMP | Ameriprise Financial Financial Report 24th of July 2024 | PairCorr |
0.74 | ACR | Acres Commercial Realty | PairCorr |
0.73 | EVR | Evercore Partners | PairCorr |
0.71 | EARN | Ellington Residential Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to Great Ajax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great Ajax 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 Great Ajax - 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 Great Ajax Corp to buy it.
The correlation of Great Ajax 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 Great Ajax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great Ajax 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 Great Ajax 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 Great Ajax Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Great Stock analysis
When running Great Ajax's price analysis, check to measure Great Ajax'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 Great Ajax is operating at the current time. Most of Great Ajax's value examination focuses on studying past and present price action to predict the probability of Great Ajax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Ajax's price. Additionally, you may evaluate how the addition of Great Ajax to your portfolios can decrease your overall portfolio volatility.
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |
Is Great Ajax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Great Ajax. If investors know Great will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Great Ajax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Dividend Share 0.76 | Earnings Share (2.01) | Revenue Per Share (0.80) | Quarterly Revenue Growth (0.82) |
The market value of Great Ajax Corp is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Ajax's value that differs from its market value or its book value, called intrinsic value, which is Great Ajax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Great Ajax's market value can be influenced by many factors that don't directly affect Great Ajax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Great Ajax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Ajax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Ajax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.