REC Historical Income Statement

RECLTD Stock   532.60  4.35  0.82%   
Historical analysis of REC income statement accounts such as Gross Profit of 181.1 B, Other Operating Expenses of 7.5 B, Operating Income of 137.6 B or Ebit of 489.8 B can show how well REC Limited performed in making a profits. Evaluating REC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of REC's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining REC Limited 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 REC Limited is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in REC Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About REC Income Statement Analysis

REC Limited 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 REC shareholders. The income statement also shows REC 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).

REC Income Statement Chart

At present, REC's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 236.9 M, whereas Depreciation And Amortization is forecasted to decline to about 227.9 M.

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 REC Limited 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of REC Limited. It is also known as REC 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 REC Limited 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 REC Limited 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 REC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into REC Limited 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in REC Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At present, REC's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 236.9 M, whereas Depreciation And Amortization is forecasted to decline to about 227.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense220.5B237.3B299.5B314.5B
Depreciation And Amortization51.2B26.4B239.9M227.9M

REC income statement Correlations

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0.330.270.760.680.380.170.610.680.340.960.20.960.910.310.80.030.450.870.79-0.2-0.77
0.230.270.270.220.32-0.04-0.1-0.070.080.30.070.320.18-0.070.41-0.070.140.350.380.11-0.2
0.510.760.270.550.210.270.340.420.380.760.090.770.690.090.870.120.510.740.81-0.02-0.53
0.250.680.220.550.09-0.190.340.39-0.190.65-0.030.680.470.20.6-0.650.290.770.69-0.2-0.64
0.470.380.320.210.09-0.22-0.27-0.220.360.19-0.030.180.2-0.180.140.04-0.250.160.25-0.69-0.5
-0.080.17-0.040.27-0.19-0.220.50.510.750.26-0.090.20.510.530.070.470.07-0.12-0.170.150.12
-0.40.61-0.10.340.34-0.270.50.990.250.720.160.690.790.530.440.20.590.450.30.31-0.18
-0.30.68-0.070.420.39-0.220.510.990.30.780.150.750.850.520.50.210.580.520.370.26-0.24
0.280.340.080.38-0.190.360.750.250.30.32-0.220.260.560.120.10.54-0.17-0.03-0.05-0.3-0.01
0.230.960.30.760.650.190.260.720.780.320.271.00.940.30.830.110.580.890.80.04-0.62
-0.160.20.070.09-0.03-0.03-0.090.160.15-0.220.270.290.190.040.30.20.60.280.370.5-0.26
0.250.960.320.770.680.180.20.690.750.261.00.290.910.280.860.070.60.920.840.06-0.63
0.140.910.180.690.470.20.510.790.850.560.940.190.910.410.670.260.460.690.58-0.04-0.52
-0.210.31-0.070.090.2-0.180.530.530.520.120.30.040.280.410.14-0.050.170.1-0.01-0.04-0.45
0.350.80.410.870.60.140.070.440.50.10.830.30.860.670.140.020.730.880.940.16-0.58
-0.010.03-0.070.12-0.650.040.470.20.210.540.110.20.070.26-0.050.020.15-0.12-0.10.270.26
-0.280.450.140.510.29-0.250.070.590.58-0.170.580.60.60.460.170.730.150.550.630.65-0.22
0.390.870.350.740.770.16-0.120.450.52-0.030.890.280.920.690.10.88-0.120.550.940.02-0.68
0.450.790.380.810.690.25-0.170.30.37-0.050.80.370.840.58-0.010.94-0.10.630.940.07-0.66
-0.52-0.20.11-0.02-0.2-0.690.150.310.26-0.30.040.50.06-0.04-0.040.160.270.650.020.070.44
-0.43-0.77-0.2-0.53-0.64-0.50.12-0.18-0.24-0.01-0.62-0.26-0.63-0.52-0.45-0.580.26-0.22-0.68-0.660.44
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REC Account Relationship Matchups

REC income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization13.9B36.6B51.2B26.4B239.9M227.9M
Interest Expense190.0B215.1B220.5B237.3B299.5B314.5B
Selling General Administrative138.3M128M131.8M2.0B156M236.9M
Total Revenue85.4B136.6B163.7B146.0B189.5B98.9B
Gross Profit83.2B126.5B149.9B127.3B172.5B181.1B
Other Operating Expenses30.8B9.3B13.7B17.7B5.2B7.5B
Operating Income70.2B107.7B123.8B138.4B184.3B137.6B
Ebit56.4B71.2B72.8B112.3B466.4B489.8B
Ebitda70.3B107.8B124.0B138.6B466.7B490.0B
Total Operating Expenses6.0B4.3B4.7B5.6B5.2B3.8B
Income Before Tax70.3B107.8B124.3B139.0B179.6B188.6B
Total Other Income Expense Net(26.1B)(6.1B)(10.1B)(13.5B)(4.7B)(4.9B)
Net Income49.7B83.8B100.4B111.7B141.5B148.5B
Income Tax Expense20.6B24.0B23.9B27.3B38.1B40.1B
Selling And Marketing Expenses60.3M58.6M23.2M107.8M322.8M338.9M
Net Income From Continuing Ops49.7B83.8B100.4B111.7B141.5B81.2B
Cost Of Revenue2.2B10.1B13.7B18.8B16.9B24.9B
Net Income Applicable To Common Shares49.7B83.8B100.4B111.7B128.4B73.5B
Tax Provision20.6B24.0B23.9B27.3B38.1B27.3B
Interest Income23.7B347.2B381.9B388.5B464.3B487.5B
Net Interest Income106.9B132.1B161.4B151.1B164.8B136.2B
Research Development0.250.310.320.360.380.35
Reconciled Depreciation117.8M108.6M182.4M242.6M239.9M190.9M

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Other Information on Investing in REC Stock

REC Limited 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 REC shareholders. The income statement also shows REC 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).