Laxmi Historical Income Statement

LXCHEM Stock   242.70  6.90  2.76%   
Historical analysis of Laxmi Organic income statement accounts such as Interest Expense of 98.4 M can show how well Laxmi Organic Industries performed in making a profits. Evaluating Laxmi Organic income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Laxmi Organic's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Laxmi Organic Industries 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 Laxmi Organic Industries is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laxmi Organic Industries. 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.

About Laxmi Income Statement Analysis

Laxmi Organic Industries 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 Laxmi Organic shareholders. The income statement also shows Laxmi 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).

Laxmi Organic Income Statement Chart

At present, Laxmi Organic's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 98.4 M, whereas Tax Provision is forecasted to decline to about 416 M.

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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most accounts from Laxmi Organic's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Laxmi Organic Industries 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laxmi Organic Industries. 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.
At present, Laxmi Organic's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 98.4 M, whereas Tax Provision is forecasted to decline to about 416 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization481.8M724.1M1.1B625.3M
Interest Income112.9M81.6M142.6M149.7M

Laxmi Organic income statement Correlations

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0.320.630.870.81-0.17-0.360.610.450.560.950.30.310.680.510.67-0.240.810.31-0.590.290.32
0.45-0.440.10.010.29-0.360.480.660.55-0.180.570.580.290.490.380.960.020.58-0.430.570.45
0.670.120.90.80.170.610.480.960.990.740.830.840.920.950.990.550.810.84-0.940.830.67
0.65-0.010.80.660.260.450.660.960.980.590.840.850.850.920.910.730.670.85-0.930.840.65
0.640.070.880.760.210.560.550.990.980.680.830.840.910.940.970.620.770.84-0.930.830.64
0.550.540.940.76-0.130.95-0.180.740.590.680.550.580.720.720.79-0.120.760.58-0.740.550.55
0.69-0.170.70.380.280.30.570.830.840.830.550.990.650.950.80.540.40.99-0.871.00.69
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0.33-0.450.190.180.41-0.240.960.550.730.62-0.120.540.540.440.510.450.190.53-0.510.540.33
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0.69-0.170.70.380.280.290.570.830.840.830.551.00.990.650.950.80.540.390.99-0.870.69
1.00.320.540.33-0.310.320.450.670.650.640.550.690.760.440.740.660.330.340.79-0.650.69
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Laxmi Organic Account Relationship Matchups

Laxmi Organic income statement Accounts

201920202021202220232024 (projected)
Tax Provision105.9M313.5M614.4M483.0M502.6M416.0M
Net Interest Income(137.8M)(153.2M)(154.2M)(112.6M)(65.5M)(68.8M)
Interest Income32.6M36.8M112.9M81.6M142.6M149.7M
Depreciation And Amortization488.9M465.2M481.8M724.1M1.1B625.3M
Interest Expense125.2M149.5M128.3M112.6M90.2M98.4M
Selling General Administrative187.2M223.4M239.2M384.9M1.5B1.6B
Selling And Marketing Expenses238.9M316.9M939.5M1.0B20.4M19.4M
Total Revenue15.3B17.6B30.8B28.0B28.3B23.5B
Gross Profit4.0B5.4B9.3B9.4B6.6B6.7B
Other Operating Expenses14.5B15.8B27.5B26.2B23.4B21.1B
Operating Income691.0M1.8B3.2B1.8B5.2B5.5B
Net Income From Continuing Ops702.1M1.3B2.6B1.2B1.2B1.3B
Ebit975.1M1.8B3.3B1.9B1.8B1.9B
Research Development74.9M85.9M114.0M137.6M165.1M97.0M
Ebitda1.5B2.2B3.8B2.6B2.9B2.5B
Cost Of Revenue11.3B12.2B21.5B18.6B21.7B16.7B
Total Operating Expenses3.3B3.6B5.9B7.7B1.7B1.6B
Reconciled Depreciation488.9M465.2M492.8M724.1M1.1B627.1M
Income Before Tax808.0M1.6B3.2B1.7B1.7B1.7B
Total Other Income Expense Net86.9M(3.2B)(4.8B)(3.6B)(3.5B)(3.4B)
Net Income Applicable To Common Shares723.9M701.0M1.3B2.6B2.9B3.1B
Net Income701.0M1.3B2.6B1.2B1.2B1.3B
Income Tax Expense105.9M313.5M614.4M483.0M502.6M416.0M

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Other Information on Investing in Laxmi Stock

Laxmi Organic Industries 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 Laxmi Organic shareholders. The income statement also shows Laxmi 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).