Innovative Historical Income Statement
0JBD Stock | 104.97 2.36 2.20% |
Historical analysis of Innovative Industrial income statement accounts such as Total Revenue of 325 M, Gross Profit of 298.8 M or Other Operating Expenses of 141.7 M can show how well Innovative Industrial Properties performed in making a profits. Evaluating Innovative Industrial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Innovative Industrial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Innovative Industrial 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 Innovative Industrial is a good buy for the upcoming year.
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About Innovative Income Statement Analysis
Innovative Industrial 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 Innovative Industrial shareholders. The income statement also shows Innovative 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).
Innovative Industrial Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Innovative Industrial 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 Innovative Industrial Properties minus its cost of goods sold. It is profit before Innovative Industrial 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Innovative Industrial. It is also known as Innovative Industrial 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.Operating Income
Operating Income is the amount of profit realized from Innovative Industrial 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 Innovative Industrial Properties 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.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most accounts from Innovative Industrial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Innovative Industrial 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 Innovative Industrial Properties. 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, Innovative Industrial's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 172.3 M in 2024, whereas Interest Expense is likely to drop slightly above 9.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 204.6M | 276.4M | 309.5M | 325.0M | Depreciation And Amortization | 41.8M | 61.3M | 67.2M | 70.6M |
Innovative Industrial income statement Correlations
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Innovative Industrial income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 8.6M | 28.0M | 41.8M | 61.3M | 67.2M | 70.6M | |
Total Revenue | 44.7M | 116.9M | 204.6M | 276.4M | 309.5M | 325.0M | |
Gross Profit | 34.8M | 83.9M | 158.3M | 204.5M | 284.6M | 298.8M | |
Other Operating Expenses | 19.7M | 47.2M | 69.2M | 110.3M | 134.9M | 141.7M | |
Operating Income | 24.9M | 69.7M | 135.4M | 166.0M | 174.6M | 183.3M | |
Ebit | 24.9M | 69.7M | 135.4M | 166.0M | 174.6M | 183.3M | |
Ebitda | 33.5M | 97.8M | 177.1M | 227.3M | 241.8M | 253.9M | |
Total Operating Expenses | 18.4M | 42.2M | 68.4M | 96.3M | 110.0M | 115.5M | |
Income Before Tax | 23.5M | 65.7M | 114.0M | 154.4M | 165.6M | 173.9M | |
Total Other Income Expense Net | (1.5M) | (4.0M) | (21.4M) | (11.6M) | (9.0M) | (8.5M) | |
Net Income | 23.1M | 65.2M | 113.4M | 153.6M | 164.1M | 172.3M | |
Interest Expense | 6.3M | 7.4M | 18.1M | 18.3M | 18.1M | 9.4M | |
Selling General Administrative | 9.8M | 14.0M | 22.7M | 35.0M | 39.9M | 41.9M | |
Research Development | 0.01 | 0.47 | 0.53 | 0.56 | 0.54 | 0.51 | |
Cost Of Revenue | 9.9M | 33.0M | 46.2M | 71.8M | 24.9M | 26.1M | |
Net Income Applicable To Common Shares | 21.7M | 63.9M | 112.1M | 152.2M | 175.0M | 183.8M | |
Income Tax Expense | 24.9M | 69.7M | 135.4M | 166.0M | 174.6M | 183.3M | |
Selling And Marketing Expenses | 9.8M | 229K | 231K | 466K | 486K | 461.7K |
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When running Innovative Industrial's price analysis, check to measure Innovative Industrial'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 Innovative Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.