Thermax Historical Income Statement

THERMAX Stock

4,905 108.95 2.27%

Historical analysis of Thermax income statement accounts such as Total Revenue of 53.3 B, Gross Profit of 42.2 B, Other Operating Expenses of 47.9 B or Operating Income of 30.6 B can show how well Thermax Limited performed in making a profits. Evaluating Thermax income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Thermax's future profits or losses.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Thermax 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 Thermax Limited is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermax 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 population.

About Thermax Income Statement Analysis

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

Thermax Income Statement Chart

At this time, Thermax's Interest Expense is fairly stable compared to the past year. Gross Profit is likely to rise to about 42.2 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 857.3 M in 2024.

Depreciation And Amortization Interest Expense Gross Profit Operating Income

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Thermax Limited minus its cost of goods sold. It is profit before Thermax 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 Thermax 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 Thermax 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 Thermax's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Thermax 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Thermax 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 population.

	2021	2022	2023	2024 (projected)
Interest Expense	251.7M	375.9M	875.9M	919.7M
Depreciation And Amortization	1.1B	1.2B	1.4B	857.3M

Interest Expense Depreciation And Amortization

Thermax income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Minority Interest	Research Development	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.58	-0.27	0.61	0.71	0.43	0.73	0.2	0.48	0.6	0.73	0.53	0.42	-0.23	0.31	0.38	0.35	-0.58	0.5	0.0	-0.11	-0.32	0.48	0.25
Interest Expense	0.58		-0.02	0.33	0.48	0.72	0.36	0.74	0.48	0.53	0.41	0.18	0.39	-0.65	0.65	0.41	0.47	-0.3	0.28	0.44	0.48	-0.65	0.48	0.69
Selling General Administrative	-0.27	-0.02		0.23	0.21	0.2	0.16	0.22	0.34	0.27	0.2	0.03	0.38	-0.15	0.35	0.29	0.14	0.36	-0.14	0.19	0.09	-0.13	0.08	0.17
Selling And Marketing Expenses	0.61	0.33	0.23		0.88	0.68	0.88	0.38	0.67	0.71	0.83	0.73	0.67	-0.42	0.62	0.31	0.71	-0.48	0.76	0.04	-0.02	-0.58	0.75	0.39
Total Revenue	0.71	0.48	0.21	0.88		0.74	0.94	0.49	0.9	0.94	0.96	0.66	0.89	-0.43	0.73	0.61	0.75	-0.38	0.59	0.32	0.14	-0.57	0.64	0.52
Gross Profit	0.43	0.72	0.2	0.68	0.74		0.64	0.88	0.75	0.75	0.62	0.51	0.74	-0.72	0.95	0.49	0.76	-0.42	0.61	0.44	0.48	-0.89	0.76	0.77
Other Operating Expenses	0.73	0.36	0.16	0.88	0.94	0.64		0.29	0.75	0.8	0.95	0.82	0.74	-0.25	0.61	0.52	0.56	-0.39	0.56	0.08	-0.06	-0.41	0.5	0.25
Operating Income	0.2	0.74	0.22	0.38	0.49	0.88	0.29		0.63	0.6	0.37	0.04	0.61	-0.86	0.9	0.43	0.68	-0.26	0.44	0.53	0.72	-0.88	0.69	0.94
Ebit	0.48	0.48	0.34	0.67	0.9	0.75	0.75	0.63		0.99	0.82	0.42	0.99	-0.5	0.79	0.78	0.77	-0.21	0.41	0.63	0.39	-0.57	0.53	0.68
Ebitda	0.6	0.53	0.27	0.71	0.94	0.75	0.8	0.6	0.99		0.86	0.47	0.97	-0.49	0.77	0.77	0.76	-0.28	0.45	0.58	0.34	-0.57	0.56	0.66
Cost Of Revenue	0.73	0.41	0.2	0.83	0.96	0.62	0.95	0.37	0.82	0.86		0.61	0.81	-0.37	0.66	0.59	0.58	-0.33	0.52	0.13	0.07	-0.42	0.52	0.38
Total Operating Expenses	0.53	0.18	0.03	0.73	0.66	0.51	0.82	0.04	0.42	0.47	0.61		0.42	0.05	0.36	0.24	0.37	-0.41	0.48	-0.03	-0.3	-0.28	0.34	-0.07
Income Before Tax	0.42	0.39	0.38	0.67	0.89	0.74	0.74	0.61	0.99	0.97	0.81	0.42		-0.48	0.79	0.76	0.77	-0.21	0.43	0.6	0.38	-0.56	0.53	0.65
Total Other Income Expense Net	-0.23	-0.65	-0.15	-0.42	-0.43	-0.72	-0.25	-0.86	-0.5	-0.49	-0.37	0.05	-0.48		-0.76	-0.21	-0.65	0.31	-0.53	-0.35	-0.47	0.86	-0.73	-0.85
Net Income	0.31	0.65	0.35	0.62	0.73	0.95	0.61	0.9	0.79	0.77	0.66	0.36	0.79	-0.76		0.53	0.74	-0.28	0.52	0.44	0.55	-0.84	0.67	0.79
Income Tax Expense	0.38	0.41	0.29	0.31	0.61	0.49	0.52	0.43	0.78	0.77	0.59	0.24	0.76	-0.21	0.53		0.29	0.07	-0.07	0.66	0.44	-0.19	0.14	0.42
Net Income From Continuing Ops	0.35	0.47	0.14	0.71	0.75	0.76	0.56	0.68	0.77	0.76	0.58	0.37	0.77	-0.65	0.74	0.29		-0.41	0.7	0.52	0.36	-0.78	0.75	0.78
Minority Interest	-0.58	-0.3	0.36	-0.48	-0.38	-0.42	-0.39	-0.26	-0.21	-0.28	-0.33	-0.41	-0.21	0.31	-0.28	0.07	-0.41		-0.85	0.13	-0.03	0.46	-0.55	-0.25
Research Development	0.5	0.28	-0.14	0.76	0.59	0.61	0.56	0.44	0.41	0.45	0.52	0.48	0.43	-0.53	0.52	-0.07	0.7	-0.85		-0.09	0.08	-0.69	0.82	0.46
Tax Provision	0.0	0.44	0.19	0.04	0.32	0.44	0.08	0.53	0.63	0.58	0.13	-0.03	0.6	-0.35	0.44	0.66	0.52	0.13	-0.09		0.58	-0.33	0.13	0.62
Interest Income	-0.11	0.48	0.09	-0.02	0.14	0.48	-0.06	0.72	0.39	0.34	0.07	-0.3	0.38	-0.47	0.55	0.44	0.36	-0.03	0.08	0.58		-0.35	0.16	0.68
Net Interest Income	-0.32	-0.65	-0.13	-0.58	-0.57	-0.89	-0.41	-0.88	-0.57	-0.57	-0.42	-0.28	-0.56	0.86	-0.84	-0.19	-0.78	0.46	-0.69	-0.33	-0.35		-0.88	-0.84
Reconciled Depreciation	0.48	0.48	0.08	0.75	0.64	0.76	0.5	0.69	0.53	0.56	0.52	0.34	0.53	-0.73	0.67	0.14	0.75	-0.55	0.82	0.13	0.16	-0.88		0.74
Extraordinary Items	0.25	0.69	0.17	0.39	0.52	0.77	0.25	0.94	0.68	0.66	0.38	-0.07	0.65	-0.85	0.79	0.42	0.78	-0.25	0.46	0.62	0.68	-0.84	0.74

Click cells to compare fundamentals

Thermax Account Relationship Matchups

Thermax income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.2B	1.2B	1.1B	1.2B	1.4B	857.3M
Interest Expense	150.2M	206.4M	251.7M	375.9M	875.9M	919.7M
Selling General Administrative	933.6M	909.1M	1.2B	1.4B	1.7B	1.5B
Selling And Marketing Expenses	2.1B	1.4B	2.1B	2.6B	2.4B	1.7B
Total Revenue	56.6B	47.1B	60.6B	80.9B	92.4B	53.3B
Gross Profit	17.7B	14.9B	17.3B	34.7B	40.2B	42.2B
Other Operating Expenses	53.2B	44.9B	57.9B	76.1B	64.1B	47.9B
Operating Income	3.3B	2.2B	3.1B	6.4B	29.1B	30.6B
Ebit	3.8B	2.9B	4.2B	6.3B	9.5B	4.7B
Ebitda	5.0B	4.0B	5.4B	7.5B	10.8B	5.6B
Cost Of Revenue	38.8B	32.2B	43.3B	46.2B	52.2B	34.9B
Total Operating Expenses	14.4B	12.7B	14.5B	29.8B	11.9B	13.0B
Income Before Tax	3.7B	2.8B	4.1B	6.0B	8.7B	4.6B
Total Other Income Expense Net	408.7M	571M	(13.8B)	927.9M	(20.5B)	(19.4B)
Net Income	2.1B	2.1B	3.1B	4.5B	6.5B	6.8B
Income Tax Expense	1.6B	686.1M	977.9M	1.5B	2.3B	1.6B
Net Income From Continuing Ops	2.1B	2.1B	3.1B	4.5B	6.4B	3.2B
Net Income Applicable To Common Shares	2.1B	2.1B	3.1B	4.5B	5.2B	3.0B
Research Development	282.5M	265.6M	312.5M	322.1M	350.2M	284.7M
Tax Provision	999.7M	686.1M	977.9M	1.5B	2.3B	1.5B
Interest Income	645.4M	206.4M	250.4M	378.2M	1.1B	1.2B
Net Interest Income	136.5M	(206.4M)	(251.7M)	(375.9M)	(875.9M)	(832.1M)
Reconciled Depreciation	1.2B	1.1B	1.1B	1.2B	1.5B	1.2B

Also Currently Popular

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.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Thermax Stock Analysis

When running Thermax's price analysis, check to measure Thermax'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 Thermax is operating at the current time. Most of Thermax's value examination focuses on studying past and present price action to predict the probability of Thermax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermax's price. Additionally, you may evaluate how the addition of Thermax to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC