Suncorp Historical Income Statement

SUN Stock   18.70  0.35  1.84%   
Historical analysis of Suncorp income statement accounts such as Other Operating Expenses of 180.5 M, Operating Income of 13.6 B, EBIT of 2 B or Ebitda of 1.9 B can show how well Suncorp Group performed in making a profits. Evaluating Suncorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Suncorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Suncorp Group 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 Suncorp Group 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 Suncorp Group. 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.

About Suncorp Income Statement Analysis

Suncorp Group 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 Suncorp shareholders. The income statement also shows Suncorp 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).

Suncorp Income Statement Chart

At this time, Suncorp's Depreciation And Amortization is comparatively stable compared to the past year. Operating Income is likely to gain to about 13.6 B in 2024, whereas Gross Profit is likely to drop slightly above 9.8 B in 2024.

Total Revenue

Total revenue comprises all receipts Suncorp Group 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 Suncorp Group minus its cost of goods sold. It is profit before Suncorp 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 Suncorp Group. It is also known as Suncorp 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 Suncorp Group 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 Suncorp Group 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.

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 Suncorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Suncorp Group 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 Suncorp Group. 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.
At this time, Suncorp's Depreciation And Amortization is comparatively stable compared to the past year. Operating Income is likely to gain to about 13.6 B in 2024, whereas Gross Profit is likely to drop slightly above 9.8 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue13.7B16.0B13.1B9.6B
Interest Expense403M1.7B315M299.3M

Suncorp income statement Correlations

-0.27-0.29-0.27-0.250.04-0.450.37-0.43-0.18-0.28-0.03-0.07-0.40.38-0.29-0.06-0.36-0.31-0.110.30.020.33
-0.270.50.460.66-0.40.630.45-0.170.240.210.00.130.69-0.550.140.050.590.530.36-0.71-0.21-0.58
-0.290.50.990.750.010.470.260.440.850.770.660.00.380.21-0.220.480.060.040.17-0.15-0.14-0.09
-0.270.460.990.690.090.440.250.420.860.780.69-0.050.350.25-0.280.480.020.030.12-0.1-0.13-0.04
-0.250.660.750.69-0.630.460.30.320.520.370.120.430.49-0.190.270.260.330.110.5-0.49-0.21-0.38
0.04-0.40.010.09-0.63-0.11-0.120.020.170.320.6-0.66-0.290.54-0.690.1-0.44-0.18-0.580.590.160.47
-0.450.630.470.440.46-0.110.660.160.190.290.05-0.120.6-0.42-0.01-0.160.480.33-0.05-0.33-0.22-0.41
0.370.450.260.250.3-0.120.66-0.180.050.060.01-0.160.3-0.14-0.23-0.210.210.1-0.12-0.11-0.22-0.16
-0.43-0.170.440.420.320.020.16-0.180.570.60.41-0.020.190.220.240.560.20.02-0.01-0.14-0.29-0.19
-0.180.240.850.860.520.170.190.050.570.930.85-0.070.220.4-0.120.82-0.020.190.18-0.09-0.18-0.01
-0.280.210.770.780.370.320.290.060.60.930.85-0.170.270.34-0.10.770.040.320.04-0.11-0.16-0.01
-0.030.00.660.690.120.60.050.010.410.850.85-0.350.010.65-0.470.69-0.27-0.04-0.120.26-0.050.22
-0.070.130.0-0.050.43-0.66-0.12-0.16-0.02-0.07-0.17-0.350.17-0.270.35-0.04-0.060.010.66-0.30.56-0.02
-0.40.690.380.350.49-0.290.60.30.190.220.270.010.17-0.60.230.150.780.530.05-0.6-0.01-0.72
0.38-0.550.210.25-0.190.54-0.42-0.140.220.40.340.65-0.27-0.6-0.490.31-0.76-0.61-0.250.660.050.72
-0.290.14-0.22-0.280.27-0.69-0.01-0.230.24-0.12-0.1-0.470.350.23-0.490.10.540.450.23-0.55-0.31-0.41
-0.060.050.480.480.260.1-0.16-0.210.560.820.770.69-0.040.150.310.10.120.380.31-0.24-0.26-0.2
-0.360.590.060.020.33-0.440.480.210.2-0.020.04-0.27-0.060.78-0.760.540.120.670.06-0.76-0.49-0.93
-0.310.530.040.030.11-0.180.330.10.020.190.32-0.040.010.53-0.610.450.380.670.27-0.7-0.24-0.6
-0.110.360.170.120.5-0.58-0.05-0.12-0.010.180.04-0.120.660.05-0.250.230.310.060.27-0.550.06-0.3
0.3-0.71-0.15-0.1-0.490.59-0.33-0.11-0.14-0.09-0.110.26-0.3-0.60.66-0.55-0.24-0.76-0.7-0.550.350.76
0.02-0.21-0.14-0.13-0.210.16-0.22-0.22-0.29-0.18-0.16-0.050.56-0.010.05-0.31-0.26-0.49-0.240.060.350.47
0.33-0.58-0.09-0.04-0.380.47-0.41-0.16-0.19-0.01-0.010.22-0.02-0.720.72-0.41-0.2-0.93-0.6-0.30.760.47
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Suncorp Account Relationship Matchups

Suncorp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization258M229M207M206M236M247.8M
Interest Expense1.0B504M403M1.7B315M299.3M
Total Revenue13.2B12.8B13.7B16.0B13.1B9.6B
Gross Profit13.2B12.8B13.7B16.0B14.8B9.8B
Other Operating Expenses11.1B10.8B12.5B12.6B190M180.5M
Operating Income2.1B2.0B1.2B3.4B13.0B13.6B
Ebit2.0B2.0B1.2B997M1.4B2.0B
Ebitda2.2B2.2B1.4B1.2B1.6B1.9B
Total Operating Expenses3.3B3.4B3.7B2.9B190M199.5M
Income Before Tax951M1.5B837M1.6B1.4B859.0M
Income Tax Expense305M461M138M483M429M372.0M
Net Income628M1.0B681M1.1B1.2B1.3B
Total Other Income Expense Net938M1.5B812M4.0B(11.6B)(11.0B)
Net Income Applicable To Common Shares913M1.0B681M1.1B1.3B820.3M
Minority Interest21M24M(18M)(11M)(32M)(30.4M)
Net Income From Continuing Ops646M1.0B699M1.2B971M776.6M
Tax Provision305M461M138M483M429M337.5M
Interest Income1.0B2.0B1.9B3.5B578M549.1M
Net Interest Income(989M)(521M)(385M)(1.8B)(315M)(330.8M)
Reconciled Depreciation258M229M207M206M236M226.6M

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