Modular Historical Income Statement
| MODD Stock | USD 1.70 0.06 3.66% |
Historical analysis of Modular Medical income statement accounts such as Total Operating Expenses of 18.4 M can show how well Modular Medical performed in making a profits. Evaluating Modular Medical income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Modular Medical's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Modular Medical 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 Modular Medical is a good buy for the upcoming year.
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About Modular Income Statement Analysis
Modular Medical 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 Modular Medical shareholders. The income statement also shows Modular 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).
Modular Medical Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Modular Medical. It is also known as Modular Medical 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 Modular Medical 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 Modular Medical 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most accounts from Modular Medical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Modular Medical 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 Modular Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Modular Stock refer to our How to Trade Modular Stock guide.At present, Modular Medical's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 18.4 M, whereas EBIT is projected to grow to (16.7 M).
| 2023 | 2024 (projected) | Research Development | 12.9M | 13.5M | Interest Income | 117.0 | 111.15 |
Modular Medical income statement Correlations
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Modular Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Modular Medical income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 35.4K | 181.8K | 196.9K | 355.4K | 426K | 447.3K | |
| Selling General Administrative | 2.3M | 3.3M | 7.2M | 4.8M | 4.2M | 4.4M | |
| Other Operating Expenses | 5.3M | 7.3M | 14.9M | 13.9M | 17.5M | 18.4M | |
| Operating Income | (5.3M) | (7.3M) | (14.9M) | (13.9M) | (17.5M) | (16.7M) | |
| Ebit | (5.3M) | (7.3M) | (15.0M) | (13.9M) | (17.5M) | (16.7M) | |
| Ebitda | (5.3M) | (7.2M) | (14.8M) | (13.5M) | (17.1M) | (16.2M) | |
| Total Operating Expenses | 5.3M | 7.3M | 14.9M | 13.9M | 17.5M | 18.4M | |
| Income Before Tax | (5.3M) | (7.4M) | (18.6M) | (13.9M) | (17.5M) | (16.6M) | |
| Total Other Income Expense Net | 28.7K | (39.7K) | (3.7M) | 975.0 | 61K | 64.1K | |
| Net Income | (5.3M) | (7.4M) | (18.6M) | (13.9M) | (17.5M) | (16.6M) | |
| Interest Expense | 28.7K | 39.8K | 2.8M | 975K | 1.1M | 1.2M | |
| Net Interest Income | 28.7K | (39.7K) | (2.8M) | (547.3K) | (492.6K) | (517.2K) | |
| Net Income From Continuing Ops | (5.3M) | (7.4M) | (18.6M) | (13.9M) | (17.5M) | (16.6M) | |
| Net Income Applicable To Common Shares | (5.3M) | (7.4M) | (18.6M) | (13.9M) | (12.5M) | (11.9M) | |
| Research Development | 3.0M | 4.1M | 7.7M | 9.1M | 12.9M | 13.5M | |
| Reconciled Depreciation | 35.4K | 181.8K | 196.9K | 152.4K | 426K | 447.3K |
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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.When determining whether Modular Medical is a strong investment it is important to analyze Modular Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Modular Medical's future performance. For an informed investment choice regarding Modular Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modular Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Modular Stock refer to our How to Trade Modular Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies 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 Modular Medical. If investors know Modular 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 Modular Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Return On Assets (0.95) | Return On Equity (1.83) |
The market value of Modular Medical is measured differently than its book value, which is the value of Modular that is recorded on the company's balance sheet. Investors also form their own opinion of Modular Medical's value that differs from its market value or its book value, called intrinsic value, which is Modular Medical'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 Modular Medical's market value can be influenced by many factors that don't directly affect Modular Medical'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 Modular Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modular Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modular Medical'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.