ARMOUR Historical Income Statement
| ARR Stock | USD 18.52 0.31 1.70% |
Historical analysis of ARMOUR Residential income statement accounts such as Interest Expense of 552.1 M, Selling General Administrative of 4.2 M or Operating Income of 480.8 M can show how well ARMOUR Residential REIT performed in making a profits. Evaluating ARMOUR Residential income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ARMOUR Residential's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ARMOUR Residential REIT 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 ARMOUR Residential REIT is a good buy for the upcoming year.
ARMOUR |
About ARMOUR Income Statement Analysis
ARMOUR Residential REIT 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 ARMOUR Residential shareholders. The income statement also shows ARMOUR 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).
ARMOUR Residential Income Statement Chart
ARMOUR Residential REIT Income Statement is one of the three primary financial statements used for reporting ARMOUR's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ARMOUR Residential REIT revenue and expense. ARMOUR Residential Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ARMOUR Residential's Preferred Stock And Other Adjustments is relatively stable compared to the past year. As of 04/28/2024, Non Operating Income Net Other is likely to grow to about 63 M, though Other Operating Expenses is likely to grow to (7.8 M). Add Fundamental
Most accounts from ARMOUR Residential's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ARMOUR Residential REIT 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 ARMOUR Residential REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, ARMOUR Residential's Preferred Stock And Other Adjustments is relatively stable compared to the past year. As of 04/28/2024, Non Operating Income Net Other is likely to grow to about 63 M, though Other Operating Expenses is likely to grow to (7.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 80.8M | 228.4M | 479.4M | 302.4M | Net Interest Income | 73.7M | 107.6M | 33.0M | 31.3M |
ARMOUR Residential income statement Correlations
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ARMOUR Residential Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ARMOUR Residential income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 53.9M | 53.3M | 48.1M | 16.5M | 67.9M | 71.3M | |
| Interest Expense | 288.2M | 63.0M | 7.1M | 120.8M | 525.8M | 552.1M | |
| Selling General Administrative | 4.6M | 6.3M | 7.4M | 5.5M | 4.9M | 4.2M | |
| Other Operating Expenses | 3.1M | 5.3M | 5.1M | 45.6M | (8.2M) | (7.8M) | |
| Operating Income | (249.9M) | (215.1M) | 15.4M | (121.1M) | 457.9M | 480.8M | |
| Ebit | (249.9M) | (215.1M) | 15.4M | (121.1M) | 389.9M | 409.4M | |
| Ebitda | (196.0M) | (161.8M) | 63.5M | (104.6M) | 457.9M | 480.8M | |
| Total Operating Expenses | 3.1M | 5.3M | 5.1M | (889K) | (39.8M) | (37.8M) | |
| Income Before Tax | (249.9M) | (215.1M) | 15.4M | (229.9M) | (67.9M) | (71.3M) | |
| Total Other Income Expense Net | (288.2M) | (63.0M) | (7.1M) | (108.8M) | (525.8M) | (499.5M) | |
| Net Income | (265.5M) | (224.9M) | 3.9M | (241.9M) | (67.9M) | (71.3M) | |
| Income Tax Expense | 15.6M | 9.8M | 11.5M | 120.8M | (67.9M) | (64.5M) | |
| Total Revenue | (216.6M) | (22.2M) | 19.2M | (225.9M) | 449.7M | 472.2M | |
| Gross Profit | (433.2M) | (44.4M) | 19.2M | (458.1M) | 418.1M | 439.0M | |
| Cost Of Revenue | 216.6M | 22.2M | (1.5M) | 232.2M | 31.6M | 30.0M | |
| Net Income Applicable To Common Shares | (265.5M) | (224.9M) | 3.9M | (241.9M) | (217.7M) | (206.8M) | |
| Preferred Stock And Other Adjustments | 15.6M | 9.8M | 11.5M | 12.0M | 13.8M | 14.1M | |
| Net Income From Continuing Ops | (237.3M) | (218.2M) | 82.3M | 62.0M | (128.2M) | (121.7M) | |
| Non Operating Income Net Other | 1.8M | (350.1M) | (284.2M) | 52.2M | 60.0M | 63.0M | |
| Net Interest Income | 151.3M | 106.8M | 73.7M | 107.6M | 33.0M | 31.3M | |
| Interest Income | 439.6M | 169.8M | 80.8M | 228.4M | 479.4M | 302.4M |
Pair Trading with ARMOUR Residential
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 ARMOUR Residential 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 ARMOUR Residential will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to ARMOUR Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARMOUR Residential 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 ARMOUR Residential - 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 ARMOUR Residential REIT to buy it.
The correlation of ARMOUR Residential 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 ARMOUR Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARMOUR Residential REIT 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 ARMOUR Residential 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 ARMOUR Residential REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for ARMOUR Stock analysis
When running ARMOUR Residential's price analysis, check to measure ARMOUR Residential'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 ARMOUR Residential is operating at the current time. Most of ARMOUR Residential's value examination focuses on studying past and present price action to predict the probability of ARMOUR Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ARMOUR Residential's price. Additionally, you may evaluate how the addition of ARMOUR Residential to your portfolios can decrease your overall portfolio volatility.
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Is ARMOUR Residential'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 ARMOUR Residential. If investors know ARMOUR 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 ARMOUR Residential 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 0.571 | Dividend Share 4.32 | Earnings Share (1.86) | Revenue Per Share 0.689 | Quarterly Revenue Growth 1.261 |
The market value of ARMOUR Residential REIT is measured differently than its book value, which is the value of ARMOUR that is recorded on the company's balance sheet. Investors also form their own opinion of ARMOUR Residential's value that differs from its market value or its book value, called intrinsic value, which is ARMOUR Residential'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 ARMOUR Residential's market value can be influenced by many factors that don't directly affect ARMOUR Residential'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 ARMOUR Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARMOUR Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARMOUR Residential'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.