Westshore Historical Income Statement
| WTE Stock | CAD 27.33 0.01 0.04% |
Historical analysis of Westshore Terminals income statement accounts such as Depreciation And Amortization of 36.9 M, Interest Expense of 23.6 M, Selling General Administrative of 12.3 M or Other Operating Expenses of 134.6 M can show how well Westshore Terminals Investment performed in making a profits. Evaluating Westshore Terminals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Westshore Terminals's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Westshore Terminals 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 Westshore Terminals is a good buy for the upcoming year.
Westshore |
About Westshore Income Statement Analysis
Westshore Terminals 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 Westshore Terminals shareholders. The income statement also shows Westshore 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).
Westshore Terminals Income Statement Chart
Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Westshore Terminals. It is also known as Westshore Terminals 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Westshore Terminals financial statement analysis. It represents the amount of money remaining after all of Westshore Terminals Investment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Westshore Terminals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Westshore Terminals 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westshore Terminals Investment. 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 this time, Westshore Terminals' Depreciation And Amortization is very stable compared to the past year. As of the 24th of June 2025, Interest Expense is likely to grow to about 23.6 M, while Selling General Administrative is likely to drop about 12.3 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 114.0M | 179.6M | 198.3M | 172.1M | Total Revenue | 292.0M | 381.0M | 404.7M | 311.5M |
Westshore Terminals income statement Correlations
Click cells to compare fundamentals
Westshore Terminals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Westshore Terminals income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 26.2M | 28.4M | 30.2M | 30.5M | 35.1M | 36.9M | |
| Interest Expense | 11.8M | 11.9M | 11.5M | 10.8M | 22.5M | 23.6M | |
| Selling General Administrative | 16.4M | 15.0M | 12.7M | 17.3M | 18.5M | 12.3M | |
| Other Operating Expenses | 184.2M | 183.1M | 190.6M | 220.5M | 253.6M | 134.6M | |
| Operating Income | 185.9M | 158.6M | 104.2M | 160.5M | 179.8M | 114.0M | |
| Ebit | 185.9M | 158.6M | 104.2M | 162.3M | 186.7M | 111.1M | |
| Ebitda | 212.1M | 187.0M | 134.4M | 192.9M | 221.8M | 123.3M | |
| Total Operating Expenses | 16.4M | 15.0M | 12.7M | 19.2M | 224.9M | 236.2M | |
| Income Before Tax | 173.9M | 147.7M | 91.7M | 159.7M | 158.0M | 104.6M | |
| Total Other Income Expense Net | (10.3M) | (9.7M) | (9.7M) | (739K) | (4.5M) | (4.8M) | |
| Net Income | 126.9M | 107.8M | 66.8M | 116.6M | 115.3M | 95.5M | |
| Income Tax Expense | 47.0M | 39.9M | 24.8M | 43.2M | 49.7M | 52.1M | |
| Total Revenue | 368.4M | 340.5M | 292.0M | 381.0M | 404.7M | 311.5M | |
| Gross Profit | 200.6M | 172.3M | 114.0M | 179.6M | 198.3M | 172.1M | |
| Cost Of Revenue | 167.8M | 168.2M | 177.9M | 201.4M | 206.4M | 146.4M | |
| Net Income From Continuing Ops | 126.9M | 107.8M | 66.8M | 116.6M | 115.3M | 96.2M | |
| Net Income Applicable To Common Shares | 139.4M | 126.9M | 107.8M | 66.8M | 60.2M | 96.7M | |
| Tax Provision | 47.0M | 39.9M | 24.8M | 43.2M | 42.7M | 34.6M | |
| Interest Income | 1.7M | 1.2M | 7.5M | 6.5M | 5.2M | 4.9M | |
| Net Interest Income | (10.1M) | (10.7M) | (8.7M) | (4.3M) | (17.3M) | (16.5M) | |
| Reconciled Depreciation | 26.2M | 28.4M | 30.2M | 30.5M | 34.0M | 28.6M |
Pair Trading with Westshore Terminals
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 Westshore Terminals 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 Westshore Terminals will appreciate offsetting losses from the drop in the long position's value.Moving together with Westshore Stock
The ability to find closely correlated positions to Westshore Terminals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westshore Terminals 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 Westshore Terminals - 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 Westshore Terminals Investment to buy it.
The correlation of Westshore Terminals 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 Westshore Terminals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westshore Terminals 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 Westshore Terminals 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.Other Information on Investing in Westshore Stock
Westshore Terminals 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 Westshore Terminals shareholders. The income statement also shows Westshore 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).