Ashtead Historical Income Statement

AT Stock   551.00  1.00  0.18%   
Historical analysis of Ashtead Technology income statement accounts such as Interest Income of 297.1 K, Depreciation And Amortization of 12 M or Interest Expense of 2.9 M can show how well Ashtead Technology Holdings performed in making a profits. Evaluating Ashtead Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ashtead Technology's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ashtead Technology 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 Ashtead Technology 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 Ashtead Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Ashtead Income Statement Analysis

Ashtead Technology 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 Ashtead Technology shareholders. The income statement also shows Ashtead 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).

Ashtead Technology Income Statement Chart

At present, Ashtead Technology's Interest Income 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 32.8 M, whereas Depreciation And Amortization is forecasted to decline to about 12 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Ashtead Technology 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 Ashtead Technology Holdings minus its cost of goods sold. It is profit before Ashtead Technology 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 Ashtead Technology. It is also known as Ashtead Technology 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 Ashtead Technology 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 Ashtead Technology Holdings 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.
Most accounts from Ashtead Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ashtead Technology 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 Ashtead Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Ashtead Technology's Interest Income 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 32.8 M, whereas Depreciation And Amortization is forecasted to decline to about 12 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.5M1.3M4M2.9M
Depreciation And Amortization10.2M9.3M13.5M12.0M

Ashtead Technology income statement Correlations

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0.44-0.860.640.90.630.530.550.570.450.410.470.560.450.630.870.42-0.860.420.44
0.9-0.460.820.810.630.990.991.00.850.840.870.970.971.00.830.86-0.430.840.9
0.91-0.320.790.730.530.991.00.990.870.860.880.990.990.990.750.88-0.340.860.91
0.9-0.330.80.740.550.991.00.990.870.860.881.00.980.990.760.88-0.360.860.9
0.92-0.410.80.780.571.00.990.990.860.850.880.980.991.00.80.87-0.370.850.92
0.97-0.320.940.660.450.850.870.870.861.01.00.870.860.850.681.0-0.451.00.97
0.95-0.280.940.620.410.840.860.860.851.00.990.870.850.840.651.0-0.421.00.95
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0.75-0.770.771.00.870.830.750.760.80.680.650.710.760.720.830.68-0.810.650.75
0.97-0.310.930.650.420.860.880.880.871.01.01.00.880.880.860.68-0.431.00.97
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0.95-0.290.940.620.420.840.860.860.851.01.00.990.870.850.840.651.0-0.430.95
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Ashtead Technology Account Relationship Matchups

Ashtead Technology income statement Accounts

201920202021202220232024 (projected)
Tax Provision410K257K1.1M4.0M5.9M6.2M
Net Interest Income(3.3M)(3.8M)(3.7M)(1.4M)(3.7M)(3.9M)
Depreciation And Amortization10.6M12.3M10.2M9.3M13.5M12.0M
Interest Expense2.8M3.2M2.5M1.3M4M2.9M
Selling General Administrative28.3M29.8M33.9M36.2M55.3M38.1M
Total Revenue47.8M42.4M55.8M73.1M110.5M67.3M
Gross Profit35.9M31.4M40.5M54.3M86.3M50.6M
Other Operating Expenses40.2M40.8M49.2M55.0M79.3M54.8M
Operating Income8.8M887K5.4M18.1M31.2M32.8M
Net Income From Continuing Ops5.0M(998K)2.5M12.7M21.6M22.7M
Ebit8.3M2.4M7.3M17.7M30.7M32.2M
Ebitda18.8M14.8M17.5M27.0M44.1M24.9M
Cost Of Revenue11.9M11.0M15.3M18.8M24.2M16.7M
Total Operating Expenses28.3M29.8M33.9M36.2M55.1M38.1M
Reconciled Depreciation10.6M12.3M10.2M9.6M13.5M12.0M
Income Before Tax5.4M(741K)3.6M16.6M27.5M28.9M
Total Other Income Expense Net(3.3M)(3.8M)(1.8M)(1.4M)(3.7M)(3.9M)
Net Income5.0M(998K)2.5M12.4M21.6M22.7M
Income Tax Expense410K257K1.1M4.0M5.9M6.2M

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Other Information on Investing in Ashtead Stock

Ashtead Technology 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 Ashtead Technology shareholders. The income statement also shows Ashtead 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).