Synnex Historical Income Statement

SNX Stock  USD 119.77  0.87  0.72%   
Historical analysis of Synnex income statement accounts such as Other Operating Expenses of 67.9 B, Operating Income of 1.3 B, EBIT of 1.3 B or Ebitda of 1.3 B can show how well Synnex performed in making a profits. Evaluating Synnex income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Synnex's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Synnex 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 Synnex is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synnex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Synnex Stock please use our How to Invest in Synnex guide.

About Synnex Income Statement Analysis

Synnex 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 Synnex shareholders. The income statement also shows Synnex 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).

Synnex Income Statement Chart

At this time, Synnex's Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 757 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (246.7 M).

Total Revenue

Total revenue comprises all receipts Synnex 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 Synnex minus its cost of goods sold. It is profit before Synnex 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Synnex. It is also known as Synnex 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 Synnex 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 Synnex 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Synnex financial statement analysis. It represents the amount of money remaining after all of Synnex operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Synnex's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Synnex 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Synnex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Synnex Stock please use our How to Invest in Synnex guide.At this time, Synnex's Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 757 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (246.7 M).
 2021 2022 2023 2024 (projected)
Total Revenue62.3B57.6B66.2B69.5B
Interest Expense222.6M288.3M331.6M348.1M

Synnex income statement Correlations

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Synnex Account Relationship Matchups

Synnex income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization65.1M149.6M463.4M418.3M481.1M505.1M
Interest Expense79.0M157.8M222.6M288.3M331.6M348.1M
Total Revenue20.0B31.6B62.3B57.6B66.2B69.5B
Gross Profit1.2B1.9B3.9B4.0B4.6B4.8B
Other Operating Expenses19.5B30.9B61.1B56.3B64.7B67.9B
Operating Income521.3M623.2M808.7M1.1B1.2B1.3B
Ebit528.8M582.3M1.0B1.1B1.2B1.3B
Ebitda593.8M731.9M1.5B1.1B1.2B1.3B
Cost Of Revenue18.8B29.7B58.4B53.6B61.6B64.7B
Total Operating Expenses672.5M1.2B2.6B2.7B3.1B3.2B
Income Before Tax436.1M466.5M827.1M789.5M907.9M953.3M
Total Other Income Expense Net(394.0M)(156.7M)(223.7M)(288.5M)(259.7M)(246.7M)
Net Income334.5M395.1M651.3M626.9M720.9M757.0M
Income Tax Expense101.6M71.4M175.8M(162.6M)(187.0M)(177.6M)
Selling General Administrative2.0B1.2B2.6B2.7B3.1B3.2B
Net Income Applicable To Common Shares500.7M529.2M395.1M651.3M749.0M786.5M
Net Income From Continuing Ops529.2M395.1M651.3M626.9M720.9M423.2M
Non Operating Income Net Other30.4M1.3M1.1M(1.2M)(1.0M)(996.1K)
Tax Provision174.9M71.4M175.8M162.6M187.0M161.5M
Interest Income146.2M127.3M157.8M222.6M256.0M268.8M
Net Interest Income(127.3M)(157.8M)(222.6M)(288.3M)(259.5M)(246.5M)
Reconciled Depreciation341.6M151.7M463.4M418.3M481.1M335.1M

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When running Synnex's price analysis, check to measure Synnex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synnex is operating at the current time. Most of Synnex's value examination focuses on studying past and present price action to predict the probability of Synnex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synnex's price. Additionally, you may evaluate how the addition of Synnex to your portfolios can decrease your overall portfolio volatility.