Mexco Historical Income Statement
| MXC Stock | USD 11.50 0.27 2.40% |
Historical analysis of Mexco Energy income statement accounts such as Gross Profit of 2.3 M can show how well Mexco Energy performed in making a profits. Evaluating Mexco Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mexco Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mexco Energy 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 Mexco Energy is a good buy for the upcoming year.
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About Mexco Income Statement Analysis
Mexco Energy 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 Mexco Energy shareholders. The income statement also shows Mexco 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).
Mexco Energy Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Mexco Energy minus its cost of goods sold. It is profit before Mexco Energy 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.Cost Of Revenue
Cost of Revenue is found on Mexco Energy income statement and represents the costs associated with goods and services Mexco Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Mexco Energy income statement and is an important metric when analyzing Mexco Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.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.Most accounts from Mexco Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mexco Energy 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 Mexco Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.At present, Mexco Energy's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 1.9 M, whereas Interest Expense is forecasted to decline to 4,972.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.1M | 1.2M | 1.3M | 1.2M | Cost Of Revenue | 2.6M | 3.6M | 3.5M | 3.7M |
Mexco Energy income statement Correlations
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Mexco Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 934.9K | 1.4M | 1.9M | 2.0M | 2.1M | |
| Interest Expense | 37.7K | 53.2K | 26.5K | 13.1K | 5.2K | 5.0K | |
| Total Revenue | 2.7M | 2.8M | 6.6M | 9.6M | 6.6M | 3.6M | |
| Gross Profit | 970.1K | 1.0M | 4.0M | 6.0M | 3.1M | 2.3M | |
| Other Operating Expenses | 2.8M | 2.6M | 3.7M | 4.7M | 4.8M | 3.0M | |
| Operating Income | (61.8K) | 158.7K | 2.9M | 4.8M | 1.8M | 1.9M | |
| Ebit | 620.1K | 209.2K | 3.0M | 4.8M | 1.8M | 1.9M | |
| Ebitda | 792.0K | 1.1M | 4.4M | 6.7M | 3.8M | 4.0M | |
| Cost Of Revenue | 1.8M | 1.8M | 2.6M | 3.6M | 3.5M | 3.7M | |
| Total Operating Expenses | 1.0M | 862.0K | 1.1M | 1.2M | 1.3M | 1.2M | |
| Income Before Tax | (99.5K) | 155.9K | 2.9M | 4.8M | 2.0M | 2.1M | |
| Total Other Income Expense Net | (37.7K) | (2.8K) | 76.2K | (5.1K) | 130.2K | 136.8K | |
| Net Income | (137.1K) | 102.7K | 2.9M | 4.7M | 1.3M | 1.4M | |
| Income Tax Expense | 37.7K | 53.2K | 26.2K | 164.5K | 620.5K | 651.6K | |
| Selling General Administrative | 1.0M | 833.4K | 1.1M | 1.1M | 1.2M | 919.7K | |
| Net Income Applicable To Common Shares | (99.5K) | 155.9K | 2.9M | 4.7M | 5.4M | 5.6M | |
| Net Income From Continuing Ops | (99.5K) | 155.9K | 2.9M | 4.7M | 1.3M | 1.4M | |
| Non Operating Income Net Other | 286.0 | 639.0 | 1.9K | 50.5K | 58.0K | 60.9K | |
| Interest Income | 1.9K | 706.0 | 340.0 | 8.0K | 135.5K | 142.3K | |
| Net Interest Income | (35.8K) | (52.5K) | (26.2K) | (5.1K) | 130.2K | 136.8K | |
| Reconciled Depreciation | 853.8K | 906.4K | 1.3M | 1.9M | 2.0M | 1.4M |
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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 Mexco Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mexco Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mexco Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mexco Energy Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mexco Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Oil & Gas Exploration & Production 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 Mexco Energy. If investors know Mexco 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 Mexco Energy 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 0.25 | Earnings Share 0.57 | Revenue Per Share 3.313 | Quarterly Revenue Growth 0.244 | Return On Assets 0.0578 |
The market value of Mexco Energy is measured differently than its book value, which is the value of Mexco that is recorded on the company's balance sheet. Investors also form their own opinion of Mexco Energy's value that differs from its market value or its book value, called intrinsic value, which is Mexco Energy'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 Mexco Energy's market value can be influenced by many factors that don't directly affect Mexco Energy'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 Mexco Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mexco Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mexco Energy'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.