Celanese Historical Income Statement
| CE Stock | USD 73.21 0.30 0.41% |
Historical analysis of Celanese income statement accounts such as Interest Expense of 756 M or Selling General Administrative of 607.5 M can show how well Celanese performed in making a profits. Evaluating Celanese income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Celanese's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Celanese 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 Celanese is a good buy for the upcoming year.
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About Celanese Income Statement Analysis
Celanese 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 Celanese shareholders. The income statement also shows Celanese 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).
Celanese Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Celanese minus its cost of goods sold. It is profit before Celanese 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 Celanese. It is also known as Celanese 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.Most accounts from Celanese's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Celanese 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 Celanese. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.At present, Celanese's 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 1.8 B, whereas Total Revenue is forecasted to decline to about 6.9 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.7B | 2.4B | 2.6B | 1.7B | Total Revenue | 8.5B | 9.7B | 10.9B | 6.9B |
Celanese income statement Correlations
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Celanese Account Relationship Matchups
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Celanese income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 351M | 349M | 371M | 461M | 739M | 776.0M | |
| Interest Expense | 115M | 109M | 91M | 405M | 720M | 756M | |
| Selling General Administrative | 483M | 482M | 633M | 824M | 1.1B | 607.6M | |
| Total Revenue | 6.3B | 5.7B | 8.5B | 9.7B | 10.9B | 6.9B | |
| Gross Profit | 1.6B | 1.3B | 2.7B | 2.4B | 2.6B | 1.7B | |
| Other Operating Expenses | 5.3B | 4.9B | 6.6B | 8.3B | 9.3B | 6.1B | |
| Operating Income | 834M | 664M | 1.9B | 1.4B | 1.7B | 1.8B | |
| Ebit | 658M | 2.4B | 2.3B | 1.8B | 1.9B | 1.2B | |
| Ebitda | 1.0B | 2.7B | 2.7B | 2.3B | 2.6B | 1.5B | |
| Cost Of Revenue | 4.7B | 4.4B | 5.9B | 7.3B | 8.3B | 5.5B | |
| Total Operating Expenses | 574M | 578M | 744M | 998M | 1.2B | 1.3B | |
| Income Before Tax | 988M | 2.3B | 2.2B | 1.4B | 1.2B | 892.0M | |
| Total Other Income Expense Net | 154M | 1.6B | 302M | 43M | (504M) | (478.8M) | |
| Net Income | 852M | 2.0B | 1.9B | 1.9B | 2.0B | 2.1B | |
| Income Tax Expense | 124M | 247M | 330M | (489M) | (790M) | (750.5M) | |
| Net Income Applicable To Common Shares | 852M | 2.0B | 1.9B | 1.9B | 2.2B | 2.3B | |
| Discontinued Operations | (6M) | (12M) | (22M) | (8M) | (7.2M) | (7.6M) | |
| Net Income From Continuing Ops | 864M | 2.0B | 1.9B | 1.9B | 2.0B | 1.2B | |
| Non Recurring | 203M | 39M | (3M) | 8M | 7.2M | 6.8M | |
| Non Operating Income Net Other | 289M | 1.7B | 287M | 431M | 495.7M | 433.4M | |
| Tax Provision | 124M | 247M | 330M | (489M) | (1.1B) | (1.0B) | |
| Extraordinary Items | (6M) | (12M) | (22M) | (8M) | (9.2M) | (9.7M) | |
| Net Interest Income | (113M) | (103M) | (92M) | (336M) | (657M) | (624.2M) |
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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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celanese. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celanese. If investors know Celanese will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celanese listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 2.8 | Earnings Share 10.04 | Revenue Per Share 95.989 | Quarterly Revenue Growth (0.03) |
The market value of Celanese is measured differently than its book value, which is the value of Celanese that is recorded on the company's balance sheet. Investors also form their own opinion of Celanese's value that differs from its market value or its book value, called intrinsic value, which is Celanese's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celanese's market value can be influenced by many factors that don't directly affect Celanese's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Celanese's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celanese is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celanese's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.