Tat Historical Income Statement
| TATT Stock | USD 15.16 0.60 3.81% |
Historical analysis of Tat Techno income statement accounts such as Gross Profit of 11.9 M, Other Operating Expenses of 113.6 M, Operating Income of 5.9 M or Ebit of 5.9 M can show how well Tat Techno performed in making a profits. Evaluating Tat Techno income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tat Techno's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Tat Techno 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 Tat Techno is a good buy for the upcoming year.
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About Tat Income Statement Analysis
Tat Techno 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 Tat Techno shareholders. The income statement also shows Tat 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).
Tat Techno Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Tat Techno minus its cost of goods sold. It is profit before Tat Techno 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 Tat Techno. It is also known as Tat Techno 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 Tat Techno income statement and represents the costs associated with goods and services Tat Techno 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Tat Techno financial statement analysis. It represents the amount of money remaining after all of Tat Techno operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Tat Techno's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tat Techno 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 Tat Techno. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Tat Stock please use our How to Invest in Tat Techno guide.At this time, Tat Techno's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 4.9 M in 2024, whereas Research Development is likely to drop slightly above 510.5 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.3M | 15.9M | 22.5M | 11.9M | Total Revenue | 78.0M | 84.6M | 113.8M | 119.5M |
Tat Techno income statement Correlations
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Tat Techno Account Relationship Matchups
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Tat Techno income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 4.4M | 4.1M | 4.9M | 3.7M | 4.7M | 4.9M | |
| Interest Expense | 1.3M | 999K | 683K | 902K | 1.7M | 1.8M | |
| Selling General Administrative | 8.3M | 7.6M | 8.4M | 10.0M | 10.6M | 7.2M | |
| Total Revenue | 102.0M | 75.4M | 78.0M | 84.6M | 113.8M | 119.5M | |
| Gross Profit | 15.6M | 8.4M | 11.3M | 15.9M | 22.5M | 11.9M | |
| Other Operating Expenses | 100.1M | 79.4M | 80.3M | 84.6M | 108.2M | 113.6M | |
| Operating Income | 2.8M | (3.8M) | (2.1M) | 969K | 5.6M | 5.9M | |
| Ebit | 2.8M | (3.8M) | (2.1M) | 969K | 5.6M | 5.9M | |
| Research Development | 74K | 185K | 517K | 479K | 715K | 510.5K | |
| Ebitda | 7.2M | 248K | 2.7M | 4.7M | 10.4M | 10.9M | |
| Cost Of Revenue | 86.5M | 66.9M | 66.7M | 68.6M | 91.3M | 95.9M | |
| Total Operating Expenses | 13.6M | 12.5M | 13.6M | 16.0M | 16.8M | 9.9M | |
| Income Before Tax | 1.5M | (4.8M) | (4.6M) | (1.6M) | 4.7M | 5.0M | |
| Total Other Income Expense Net | (1.3M) | (999K) | (2.4M) | (2.6M) | (897.0K) | (852.1K) | |
| Net Income | 806K | (3.3M) | (3.9M) | (1.7M) | 4.7M | 4.9M | |
| Income Tax Expense | 589K | (1.5M) | (662K) | 98K | 576K | 468.6K | |
| Net Income Applicable To Common Shares | (4.4M) | 806K | (5.3M) | (3.6M) | (3.2M) | (3.0M) | |
| Selling And Marketing Expenses | 5.3M | 4.4M | 5.1M | 5.6M | 5.5M | 4.5M | |
| Net Income From Continuing Ops | 806K | (3.5M) | (4.0M) | (1.6M) | 4.7M | 4.9M | |
| Tax Provision | 589K | (1.5M) | (662K) | 98K | 576K | 396.6K | |
| Interest Income | 848K | 229K | 143K | 1.0M | 353K | 550.8K | |
| Net Interest Income | (451K) | (770K) | (540K) | 127K | (1.3M) | (1.3M) | |
| Reconciled Depreciation | 4.4M | 4.1M | 4.9M | 3.7M | 4.7M | 4.7M |
Pair Trading with Tat Techno
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 Tat Techno 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 Tat Techno will appreciate offsetting losses from the drop in the long position's value.Moving together with Tat Stock
The ability to find closely correlated positions to Tat Techno could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tat Techno 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 Tat Techno - 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 Tat Techno to buy it.
The correlation of Tat Techno 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 Tat Techno moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tat Techno 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 Tat Techno 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.Additional Tools for Tat Stock Analysis
When running Tat Techno's price analysis, check to measure Tat Techno'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 Tat Techno is operating at the current time. Most of Tat Techno's value examination focuses on studying past and present price action to predict the probability of Tat Techno's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tat Techno's price. Additionally, you may evaluate how the addition of Tat Techno to your portfolios can decrease your overall portfolio volatility.