Western Historical Income Statement
002673 Stock | 8.68 0.05 0.57% |
Historical analysis of Western Securities income statement accounts such as Total Revenue of 3.7 B, Operating Income of 1 B or Income Before Tax of 1.1 B can show how well Western Securities Co performed in making a profits. Evaluating Western Securities income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Western Securities's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Western Securities 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 Western Securities is a good buy for the upcoming year.
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About Western Income Statement Analysis
Western Securities 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 Western Securities shareholders. The income statement also shows Western 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).
Western Securities Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Western Securities 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.Operating Income
Operating Income is the amount of profit realized from Western Securities operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Western Securities Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Western Securities income statement and is an important metric when analyzing Western Securities profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Western Securities Co minus its cost of goods sold. It is profit before Western Securities 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 Western Securities' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Western Securities 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Securities Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Western Securities' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1 B, whereas Total Revenue is forecasted to decline to about 3.7 B.
2023 | 2024 (projected) | Operating Income | 864.2M | 1.0B | Total Revenue | 6.9B | 3.7B |
Western Securities income statement Correlations
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Western Securities Account Relationship Matchups
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Western Securities income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Revenue | 3.7B | 5.2B | 6.7B | 5.3B | 6.9B | 3.7B | |
Income Before Tax | 747.2M | 1.5B | 1.9B | 585.6M | 1.5B | 1.1B | |
Net Income Applicable To Common Shares | 200.4M | 610.2M | 1.1B | 1.4B | 1.6B | 828.9M | |
Net Income | 610.2M | 1.1B | 1.4B | 430.5M | 1.2B | 835.4M | |
Income Tax Expense | 43.1M | 131.0M | 375.9M | 450.5M | 518.1M | 267.7M | |
Minority Interest | 77.8M | 91.9M | (15.4M) | (29.8M) | (32.1M) | (30.5M) | |
Selling General Administrative | 1.7B | 2.1B | 2.5B | 358.0M | 434.1M | 412.4M | |
Other Operating Expenses | 30.9M | 536.8M | 1.3B | 2.4B | 2.8B | 2.9B | |
Net Income From Continuing Ops | 616.3M | 1.1B | 1.4B | 460.3M | 1.2B | 788.4M | |
Tax Provision | 131.0M | 375.9M | 450.5M | 125.3M | 333.9M | 281.2M | |
Net Interest Income | 225.1M | 248.8M | 204.5M | (194.6M) | (252.4M) | (239.8M) | |
Interest Income | 225.1M | 814.6M | 1.0B | 1.0B | 1.0B | 678.4M | |
Reconciled Depreciation | 74.5M | 68.8M | 182.2M | 217.2M | 220.3M | 140.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Western Stock
Western Securities 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 Western Securities shareholders. The income statement also shows Western 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).