Bellus Historical Income Statement

BLU
 Stock
  

USD 11.63  1.26  12.15%   

Historical analysis of Bellus Health income statement accounts such as Interest Expense of 56.4 K, Operating Expenses of 79.1 M or Revenues of 16.4 K can show how well Bellus Health performed in making a profits. Evaluating Bellus Health income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bellus Health's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Bellus Health 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 Bellus Health is a good buy for the upcoming year.
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About Bellus Income Statement Analysis

Bellus Health 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 Bellus Health shareholders. The income statement also shows Bellus 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).

Bellus Health Income Statement Chart

Bellus Health Income Statement is one of the three primary financial statements used for reporting Bellus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Bellus Health revenue and expense. Bellus Health Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Bellus Health Gross Profit is comparatively stable at the moment as compared to the past year. Bellus Health reported Gross Profit of 16,000 in 2021. Interest Expense is likely to gain to about 56.4 K in 2022, whereas Net Income is likely to drop (73.1 M) in 2022.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bellus Health financial statement analysis. It represents the amount of money remaining after all of Bellus Health operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Bellus Health for goods sold or services provided during a certain time period. It also includes all of Bellus Health sales as well as any other increase in Bellus Health equity.Revenues are reported on Bellus Health income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from Bellus Health income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bellus Health 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. Continue to Trending Equities.Bellus Health Gross Profit is comparatively stable at the moment as compared to the past year. Bellus Health reported Gross Profit of 16,000 in 2021. Interest Expense is likely to gain to about 56.4 K in 2022, whereas Net Income is likely to drop (73.1 M) in 2022.
 2019 2020 2021 2022 (projected)
Interest Expense1.42 M39 K55 K56.45 K
Gross Profit27 K15 K16 K16.42 K

Bellus Health income statement Correlations

Bellus Health Account Relationship Matchups

Bellus Health Investors Sentiment

The influence of Bellus Health's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bellus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Bellus Health's public news can be used to forecast risks associated with investment in Bellus. The trend in average sentiment can be used to explain how an investor holding Bellus can time the market purely based on public headlines and social activities around Bellus Health. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Bellus Health's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bellus Health's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Bellus Health's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Bellus Health.

Bellus Health Implied Volatility

    
  109.57  
Bellus Health's implied volatility exposes the market's sentiment of Bellus Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bellus Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Bellus Health stock will not fluctuate a lot when Bellus Health's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bellus Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bellus Health's short interest history, or implied volatility extrapolated from Bellus Health options trading.

Pair Trading with Bellus Health

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 Bellus Health 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 Bellus Health will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bellus Health

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0.79FOLDAmicus Therapeutics Upward RallyPairCorr

Moving against Bellus Health

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The ability to find closely correlated positions to Bellus Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bellus Health 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 Bellus Health - 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 Bellus Health to buy it.
The correlation of Bellus Health is a statistical measure of how it moves in relation to other equities. 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 Bellus Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bellus Health 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 Bellus Health 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.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Bellus Health information on this page should be used as a complementary analysis to other Bellus Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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Is Bellus Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bellus Health. If investors know Bellus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bellus Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.4 B
Return On Assets
-0.21
Return On Equity
-0.34
The market value of Bellus Health is measured differently than its book value, which is the value of Bellus that is recorded on the company's balance sheet. Investors also form their own opinion of Bellus Health's value that differs from its market value or its book value, called intrinsic value, which is Bellus Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bellus Health's market value can be influenced by many factors that don't directly affect Bellus Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bellus Health's value and its price as these two are different measures arrived at by different means. Investors typically determine Bellus Health value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bellus Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.