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.
 
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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.
  
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.

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

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.

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 Revenue204.6M276.4M309.5M325.0M
Depreciation And Amortization41.8M61.3M67.2M70.6M

Innovative Industrial income statement Correlations

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0.990.991.00.980.980.990.990.99-0.730.990.99-0.620.730.980.92-0.83
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0.991.00.980.981.01.00.991.0-0.821.00.98-0.630.831.00.94-0.88
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1.01.00.991.00.990.990.990.99-0.750.991.0-0.660.790.990.94-0.85
0.991.00.990.991.01.01.00.99-0.791.00.99-0.640.821.00.94-0.87
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0.990.990.991.00.980.980.991.00.99-0.720.99-0.690.770.990.93-0.82
-0.68-0.64-0.62-0.64-0.63-0.62-0.64-0.66-0.640.46-0.64-0.69-0.63-0.67-0.770.53
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0.940.940.920.920.940.940.940.940.94-0.750.940.93-0.770.830.95-0.89
-0.87-0.86-0.83-0.84-0.88-0.87-0.87-0.85-0.870.77-0.87-0.820.53-0.81-0.87-0.89
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Innovative Industrial Account Relationship Matchups

Innovative Industrial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization8.6M28.0M41.8M61.3M67.2M70.6M
Total Revenue44.7M116.9M204.6M276.4M309.5M325.0M
Gross Profit34.8M83.9M158.3M204.5M284.6M298.8M
Other Operating Expenses19.7M47.2M69.2M110.3M134.9M141.7M
Operating Income24.9M69.7M135.4M166.0M174.6M183.3M
Ebit24.9M69.7M135.4M166.0M174.6M183.3M
Ebitda33.5M97.8M177.1M227.3M241.8M253.9M
Total Operating Expenses18.4M42.2M68.4M96.3M110.0M115.5M
Income Before Tax23.5M65.7M114.0M154.4M165.6M173.9M
Total Other Income Expense Net(1.5M)(4.0M)(21.4M)(11.6M)(9.0M)(8.5M)
Net Income23.1M65.2M113.4M153.6M164.1M172.3M
Interest Expense6.3M7.4M18.1M18.3M18.1M9.4M
Selling General Administrative9.8M14.0M22.7M35.0M39.9M41.9M
Research Development0.010.470.530.560.540.51
Cost Of Revenue9.9M33.0M46.2M71.8M24.9M26.1M
Net Income Applicable To Common Shares21.7M63.9M112.1M152.2M175.0M183.8M
Income Tax Expense24.9M69.7M135.4M166.0M174.6M183.3M
Selling And Marketing Expenses9.8M229K231K466K486K461.7K

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