Source Capital Closed Stock Net Income
| SOR Stock | USD 47.32 0.18 0.38% |
Fundamental analysis of Source Capital allows traders to better anticipate movements in Source Capital's stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Net Income | 39.2 M | 34.7 M | |
| Net Loss | -31.1 M | -29.6 M | |
| Net Income From Continuing Ops | 39.2 M | 41.1 M | |
| Net Income Per Share | 4.78 | 4.54 | |
| Net Income Per E B T | 2.78 | 2.46 |
Source | Net Income | Build AI portfolio with Source Stock |
Source Capital Closed Company Net Income Analysis
Source Capital's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Source Capital Net Income | 39.16 M |
Most of Source Capital's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Source Capital Closed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Source Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Source Capital is extremely important. It helps to project a fair market value of Source Stock properly, considering its historical fundamentals such as Net Income. Since Source Capital's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Source Capital's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Source Capital's interrelated accounts and indicators.
Click cells to compare fundamentals
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Source Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Source Capital Closed reported net income of 39.16 M. This is 96.93% lower than that of the Capital Markets sector and 85.63% lower than that of the Financials industry. The net income for all United States stocks is 93.14% higher than that of the company.
Source Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Source Capital's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Source Capital could also be used in its relative valuation, which is a method of valuing Source Capital by comparing valuation metrics of similar companies.Source Capital is currently under evaluation in net income category among its peers.
Source Capital Current Valuation Drivers
We derive many important indicators used in calculating different scores of Source Capital from analyzing Source Capital's financial statements. These drivers represent accounts that assess Source Capital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Source Capital's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 336.2M | 361.9M | 323.2M | 333.2M | 356.6M | 417.3M | |
| Enterprise Value | 335.9M | 359.8M | 320.6M | 332.9M | 356.6M | 416.7M |
Source Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0259 | ||||
| Profit Margin | 2.22 % | ||||
| Operating Margin | 0.82 % | ||||
| Current Valuation | 387.72 M | ||||
| Shares Outstanding | 8.23 M | ||||
| Shares Owned By Insiders | 12.98 % | ||||
| Shares Owned By Institutions | 47.21 % | ||||
| Number Of Shares Shorted | 1.57 K | ||||
| Price To Earning | 14.88 X | ||||
| Price To Book | 1.03 X | ||||
| Price To Sales | 20.08 X | ||||
| Revenue | 40.22 M | ||||
| Gross Profit | 19.31 M | ||||
| EBITDA | 39.16 M | ||||
| Net Income | 39.16 M | ||||
| Cash And Equivalents | 1.87 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 22.48 M | ||||
| Current Ratio | 5.45 X | ||||
| Book Value Per Share | 45.95 X | ||||
| Cash Flow From Operations | 41.48 M | ||||
| Short Ratio | 0.13 X | ||||
| Earnings Per Share | 5.22 X | ||||
| Beta | 0.52 | ||||
| Market Capitalization | 387.74 M | ||||
| Total Asset | 379.44 M | ||||
| Retained Earnings | 44.48 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 3.36 % | ||||
| Net Asset | 379.44 M | ||||
| Last Dividend Paid | 2.5 |
About Source Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Source Capital Closed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Source Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Source Capital Closed based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Source Capital
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 Source Capital 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 Source Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Source Stock
| 0.61 | HHI | Henderson High Income | PairCorr |
| 0.78 | AB | AllianceBernstein | PairCorr |
| 0.74 | BK | Bank of New York | PairCorr |
Moving against Source Stock
| 0.67 | TEK | Tekcapital plc | PairCorr |
| 0.6 | PX | P10 Inc | PairCorr |
| 0.57 | WT | WisdomTree | PairCorr |
| 0.34 | WTL | WT Financial Group | PairCorr |
| 0.33 | BX | Blackstone Group Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Source Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Source Capital 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 Source Capital - 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 Source Capital Closed to buy it.
The correlation of Source Capital 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 Source Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Source Capital Closed 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 Source Capital 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 Source Stock Analysis
When running Source Capital's price analysis, check to measure Source Capital'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 Source Capital is operating at the current time. Most of Source Capital's value examination focuses on studying past and present price action to predict the probability of Source Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Source Capital's price. Additionally, you may evaluate how the addition of Source Capital to your portfolios can decrease your overall portfolio volatility.