Road Historical Income Statement
| 688156 Stock | 13.01 0.29 2.18% |
Historical analysis of Road Environment income statement accounts such as Interest Income of 2.8 M, Interest Expense of 7.1 M or Selling General Administrative of 19.1 M can show how well Road Environment Technology performed in making a profits. Evaluating Road Environment income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Road Environment's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Road Environment Tec 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 Road Environment Tec is a good buy for the upcoming year.
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About Road Income Statement Analysis
Road Environment Tec 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 Road Environment shareholders. The income statement also shows Road 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).
Road Environment Income Statement Chart
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Road Environment Tec 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 Road Environment Technology minus its cost of goods sold. It is profit before Road Environment 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 Road Environment's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Road Environment Tec 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 Road Environment Technology. 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, Road Environment's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 7.1 M, whereas Net Interest Income is projected to grow to (3.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 2.1M | 6.8M | 7.1M | Interest Income | 3.2M | 4.2M | 3.3M | 2.8M |
Road Environment income statement Correlations
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Road Environment Account Relationship Matchups
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Other Information on Investing in Road Stock
Road Environment Tec 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 Road Environment shareholders. The income statement also shows Road 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).