Tourmaline Historical Income Statement
TOU Stock | CAD 66.56 1.05 1.55% |
Historical analysis of Tourmaline Oil income statement accounts such as Gross Profit of 4.5 B, Other Operating Expenses of 5 B, Operating Income of 2.4 B or Ebit of 5.5 B can show how well Tourmaline Oil Corp performed in making a profits. Evaluating Tourmaline Oil income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tourmaline Oil's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Tourmaline Oil 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 Tourmaline Oil Corp is a good buy for the upcoming year.
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About Tourmaline Income Statement Analysis
Tourmaline Oil 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 Tourmaline Oil shareholders. The income statement also shows Tourmaline 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).
Tourmaline Oil Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Tourmaline Oil 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 Tourmaline Oil Corp minus its cost of goods sold. It is profit before Tourmaline Oil 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 Tourmaline Oil Corp. It is also known as Tourmaline Oil 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Tourmaline Oil Corp financial statement analysis. It represents the amount of money remaining after all of Tourmaline Oil Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Tourmaline Oil's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tourmaline Oil 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tourmaline Oil 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 board of governors. At this time, Tourmaline Oil's EBIT is very stable compared to the past year. As of the 4th of June 2024, EBITDA is likely to grow to about 7 B, while Interest Expense is likely to drop about 31.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 36.6M | 29.9M | 38.2M | 31.4M | Depreciation And Amortization | 742.2M | 1.2B | 1.4B | 1.4B |
Tourmaline Oil income statement Correlations
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Tourmaline Oil income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 864.0M | 1.1B | 742.2M | 1.2B | 1.4B | 1.4B | |
Interest Expense | 59.1M | 42.1M | 36.6M | 29.9M | 38.2M | 31.4M | |
Selling General Administrative | 476.0M | 583.6M | 787.4M | 1.0B | 178.5M | 330.0M | |
Total Revenue | 2.1B | 2.1B | 5.1B | 8.7B | 6.2B | 6.6B | |
Gross Profit | 1.2B | 892.2M | 3.8B | 6.3B | 4.3B | 4.5B | |
Other Operating Expenses | 1.8B | 2.2B | 2.6B | 4.1B | 4.7B | 5.0B | |
Operating Income | 362.7M | (13.6M) | 2.6B | 4.6B | 2.3B | 2.4B | |
Ebit | 362.7M | (13.6M) | 2.6B | 4.6B | 5.3B | 5.5B | |
Ebitda | 1.2B | 1.1B | 3.3B | 5.8B | 6.6B | 7.0B | |
Cost Of Revenue | 969.8M | 1.3B | 1.3B | 2.3B | 2.0B | 2.1B | |
Total Operating Expenses | 794.1M | 905.8M | 1.4B | 1.8B | 4.0B | 4.2B | |
Income Before Tax | 298.9M | 619.5M | 2.5B | 5.9B | 2.2B | 2.3B | |
Total Other Income Expense Net | (63.8M) | 633.1M | (66.9M) | 1.3B | (44.6M) | (42.4M) | |
Net Income | 319.7M | 618.3M | 2.0B | 4.5B | 1.7B | 1.8B | |
Income Tax Expense | (21.1M) | 931K | 494.0M | 1.4B | 1.6B | 1.7B | |
Selling And Marketing Expenses | 13.3M | 23.5M | 33.3M | 48.0M | 43.2M | 50.4M | |
Net Income From Continuing Ops | 320.0M | 618.6M | 2.0B | 4.5B | 1.7B | 1.1B | |
Net Income Applicable To Common Shares | 319.7M | 618.3M | 2.0B | 4.5B | 5.2B | 5.4B | |
Minority Interest | 27.8M | 28.1M | 181.6M | 467.4M | (3.4M) | 0.0 | |
Tax Provision | (21.1M) | 931K | 494.0M | 1.4B | 443.5M | 334.2M | |
Interest Income | 57.9M | 48.3M | 50.7M | 29.9M | 26.9M | 36.9M | |
Net Interest Income | (59.1M) | (42.1M) | (36.6M) | (29.9M) | (38.2M) | (40.1M) | |
Reconciled Depreciation | 853.4M | 1.1B | 846.5M | 1.2B | 1.3B | 1.1B |
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Tourmaline Oil 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 Tourmaline Oil shareholders. The income statement also shows Tourmaline 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).