NGL Historical Income Statement
NGL Stock | USD 4.65 0.02 0.43% |
Historical analysis of NGL Energy income statement accounts such as Total Revenue of 8.3 B can show how well NGL Energy Partners performed in making a profits. Evaluating NGL Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NGL Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining NGL Energy Partners 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 NGL Energy Partners is a good buy for the upcoming year.
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About NGL Income Statement Analysis
NGL Energy Partners 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 NGL Energy shareholders. The income statement also shows NGL 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).
NGL Energy Income Statement Chart
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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 NGL Energy Partners 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 NGL Energy Partners minus its cost of goods sold. It is profit before NGL 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.Operating Income
Operating Income is the amount of profit realized from NGL Energy Partners 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 NGL Energy Partners 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 NGL Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NGL Energy Partners 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 NGL Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, NGL Energy's Preferred Stock And Other Adjustments is quite stable compared to the past year. Non Operating Income Net Other is expected to rise to about 8.1 M this year, although the value of Selling General Administrative will most likely fall to about 85.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 254.7M | 258.7M | 269.9M | 139.2M | Depreciation And Amortization | 289.0M | 273.9M | 266.5M | 279.8M |
NGL Energy income statement Correlations
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NGL Energy Account Relationship Matchups
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NGL Energy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 206.3K | 317.5M | 289.0M | 273.9M | 266.5M | 279.8M | |
Interest Expense | 181.2M | 198.8M | 254.7M | 258.7M | 269.9M | 139.2M | |
Selling General Administrative | 113.7M | 70.5M | 63.5M | 71.8M | 121.9M | 85.4M | |
Total Revenue | 7.6B | 5.2B | 7.9B | 8.7B | 7.0B | 8.3B | |
Gross Profit | 714.3M | 416.0M | 519.9M | 771.3M | 723.3M | 459.8M | |
Other Operating Expenses | 7.3B | 5.1B | 7.8B | 8.3B | 6.8B | 8.3B | |
Operating Income | 261.4M | 50.1M | 164.0M | 392.2M | 177.6M | 111.9M | |
Ebit | 538.1M | (442.0M) | 88.5M | 328.2M | 129.5M | 124.0M | |
Ebitda | 538.3M | (124.5M) | 377.5M | 602.1M | 396.0M | 233.7M | |
Cost Of Revenue | 6.9B | 4.8B | 7.4B | 7.9B | 6.2B | 7.9B | |
Total Operating Expenses | 455.9M | 331.3M | 342.6M | 395.2M | 545.7M | 381.7M | |
Income Before Tax | (180.2M) | (640.8M) | (183.1M) | 52.8M | (140.7M) | (133.7M) | |
Total Other Income Expense Net | (441.6M) | (250.1M) | (266.2M) | (236.4M) | (318.3M) | (302.4M) | |
Net Income Applicable To Common Shares | (397.0M) | (639.8M) | (184.8M) | (73.2M) | (65.9M) | (69.2M) | |
Net Income | (180.5M) | (637.4M) | (184.1M) | 51.4M | (143.8M) | (136.6M) | |
Income Tax Expense | 345K | (3.4M) | 971K | 271K | 2.4M | 2.5M | |
Net Income From Continuing Ops | (180.5M) | (637.4M) | (184.1M) | 52.5M | (143.1M) | (150.3M) | |
Non Operating Income Net Other | 2.5M | 1.3M | (51.3M) | 5.5M | 4.9M | 8.1M | |
Minority Interest | 1.8M | 632K | 655K | (1.1M) | (631K) | (662.6K) | |
Tax Provision | 345K | (3.4M) | 971K | 271K | 2.4M | 2.5M | |
Interest Income | 1.5M | 191.3M | 265.5M | 266.5M | 306.4M | 321.7M | |
Discontinued Operations | (47.1M) | 418.9M | (218.2M) | (1.8M) | (1.6M) | (1.5M) | |
Net Interest Income | (179.7M) | (198.8M) | (271.6M) | (275.4M) | (270.4M) | (284.0M) | |
Reconciled Depreciation | 276.8M | 331.2M | 306.2M | 290.9M | 282.7M | 311.9M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Oil & Gas Storage & Transportation 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 NGL Energy. If investors know NGL 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 NGL 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 (0.60) | Earnings Share (2.34) | Revenue Per Share 50.855 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0357 |
The market value of NGL Energy Partners is measured differently than its book value, which is the value of NGL that is recorded on the company's balance sheet. Investors also form their own opinion of NGL Energy's value that differs from its market value or its book value, called intrinsic value, which is NGL 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 NGL Energy's market value can be influenced by many factors that don't directly affect NGL 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 NGL Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NGL Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NGL 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.