ARC Historical Income Statement
| ARX Stock | CAD 25.73 0.09 0.35% |
Historical analysis of ARC Resources income statement accounts such as Interest Expense of 110.8 M, Selling General Administrative of 222.8 M or Total Revenue of 6.7 B can show how well ARC Resources performed in making a profits. Evaluating ARC Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ARC Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ARC Resources 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 ARC Resources is a good buy for the upcoming year.
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About ARC Income Statement Analysis
ARC Resources 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 ARC Resources shareholders. The income statement also shows ARC 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).
ARC Resources Income Statement Chart
ARC Resources Income Statement is one of the three primary financial statements used for reporting ARC's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ARC Resources revenue and expense. ARC Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ARC Resources' Operating Income is very stable compared to the past year. As of the 27th of April 2024, EBIT is likely to grow to about 4.9 B, while Non Recurring is likely to drop about 1.1 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts ARC Resources 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ARC Resources. It is also known as ARC Resources 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.Cost Of Revenue
Cost of Revenue is found on ARC Resources income statement and represents the costs associated with goods and services ARC Resources 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 ARC Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ARC Resources 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 ARC Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, ARC Resources' Operating Income is very stable compared to the past year. As of the 27th of April 2024, EBIT is likely to grow to about 4.9 B, while Non Recurring is likely to drop about 1.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 2.9B | 5.1B | 3.8B | 4.0B | EBITDA | 3.1B | 5.4B | 6.2B | 6.5B |
ARC Resources income statement Correlations
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ARC Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ARC Resources income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 539.2M | 1.3B | 1.1B | 1.3B | 1.5B | 1.6B | |
| Interest Expense | 48.3M | 45.6M | 126.1M | 97.2M | 105.5M | 110.8M | |
| Selling General Administrative | 84.2M | 91.9M | 167M | 213.2M | 212.2M | 222.8M | |
| Total Revenue | 1.3B | 1.2B | 5.5B | 9.9B | 6.4B | 6.7B | |
| Gross Profit | 429.9M | (362.2M) | 2.6B | 4.8B | 2.5B | 2.6B | |
| Other Operating Expenses | 1.2B | 1.9B | 3.5B | 5.8B | 6.7B | 7.0B | |
| Operating Income | 106.3M | (685M) | 2.0B | 4.0B | 1.7B | 1.8B | |
| Ebit | 106.3M | (685M) | 2.0B | 4.0B | 4.6B | 4.9B | |
| Ebitda | 645.5M | 588.9M | 3.1B | 5.4B | 6.2B | 6.5B | |
| Cost Of Revenue | 854.6M | 1.5B | 2.9B | 5.1B | 3.8B | 4.0B | |
| Total Operating Expenses | 336.7M | 332.3M | 592.4M | 773.1M | 4.6B | 4.9B | |
| Income Before Tax | (128.5M) | (754.9M) | 995.1M | 3.0B | 2.1B | 2.2B | |
| Total Other Income Expense Net | (234.8M) | (69.9M) | (1.0B) | (1.1B) | 435.5M | 457.3M | |
| Net Income | (27.6M) | (547.2M) | 786.6M | 2.3B | 1.6B | 1.7B | |
| Income Tax Expense | (100.9M) | (207.7M) | 208.5M | 675.9M | 777.3M | 816.1M | |
| Net Income From Continuing Ops | (27.6M) | (547.2M) | 786.6M | 2.3B | 1.6B | 1.7B | |
| Net Income Applicable To Common Shares | (27.6M) | (547.2M) | 786.6M | 2.3B | 2.6B | 2.8B | |
| Tax Provision | (100.9M) | (207.7M) | 208.5M | 675.9M | 460.8M | 483.8M | |
| Interest Income | 176.6M | 800K | 1.9M | 1.1B | 12.3M | 11.7M | |
| Net Interest Income | (43.5M) | (44.8M) | (124.2M) | (77.1M) | (93.2M) | (97.9M) | |
| Reconciled Depreciation | 539.2M | 1.3B | 1.1B | 1.3B | 1.4B | 1.0B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ARC Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ARC Resources' short interest history, or implied volatility extrapolated from ARC Resources options trading.
Pair Trading with ARC Resources
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 ARC Resources 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 ARC Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with ARC Stock
| 0.87 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.79 | ENB-PFU | Enbridge Pref L | PairCorr |
The ability to find closely correlated positions to ARC Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARC Resources 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 ARC Resources - 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 ARC Resources to buy it.
The correlation of ARC Resources 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 ARC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARC Resources 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 ARC Resources 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 ARC Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for ARC Stock analysis
When running ARC Resources' price analysis, check to measure ARC Resources' 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 ARC Resources is operating at the current time. Most of ARC Resources' value examination focuses on studying past and present price action to predict the probability of ARC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ARC Resources' price. Additionally, you may evaluate how the addition of ARC Resources to your portfolios can decrease your overall portfolio volatility.
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