PALO Historical Income Statement
| PANW Stock | 24.11 0.49 2.07% |
Historical analysis of PALO ALTO income statement accounts such as Selling General Administrative of 2.6 B, Total Revenue of 5.5 B, Gross Profit of 3.9 B or Operating Income of 467.7 M can show how well PALO ALTO NETWORKS performed in making a profits. Evaluating PALO ALTO income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of PALO ALTO's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining PALO ALTO NETWORKS 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 PALO ALTO NETWORKS is a good buy for the upcoming year.
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About PALO Income Statement Analysis
PALO ALTO NETWORKS 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 PALO ALTO shareholders. The income statement also shows PALO 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).
PALO ALTO Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts PALO ALTO NETWORKS 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 PALO ALTO NETWORKS minus its cost of goods sold. It is profit before PALO ALTO 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.Most accounts from PALO ALTO's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into PALO ALTO NETWORKS 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PALO ALTO NETWORKS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, PALO ALTO's Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 271 M, whereas Selling General Administrative is forecasted to decline to about 2.6 B.
| 2021 | 2022 | 2024 | 2025 (projected) | Interest Expense | 20.2M | 20.5M | 18.5M | 17.5M | Interest Income | 15.6M | 224.4M | 258.1M | 271.0M |
PALO ALTO income statement Correlations
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PALO ALTO Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with PALO ALTO
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 PALO ALTO 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 PALO ALTO will appreciate offsetting losses from the drop in the long position's value.Moving together with PALO Stock
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Moving against PALO Stock
The ability to find closely correlated positions to PALO ALTO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PALO ALTO 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 PALO ALTO - 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 PALO ALTO NETWORKS to buy it.
The correlation of PALO ALTO 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 PALO ALTO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PALO ALTO NETWORKS 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 PALO ALTO 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PALO ALTO NETWORKS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.