United Historical Income Statement

UNIDT Stock   252.15  14.08  5.91%   
Historical analysis of United Drilling income statement accounts such as Depreciation And Amortization of 36.3 M, Interest Expense of 31.4 M, Total Revenue of 932.4 M or Gross Profit of 372.9 M can show how well United Drilling Tools performed in making a profits. Evaluating United Drilling income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of United Drilling's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining United Drilling Tools 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 United Drilling Tools 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 United Drilling Tools. 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 United Income Statement Analysis

United Drilling Tools 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 United Drilling shareholders. The income statement also shows United 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).

United Drilling Income Statement Chart

At this time, United Drilling's Selling And Marketing Expenses is very stable compared to the past year. As of the 29th of November 2024, Research Development is likely to grow to about 18.8 M, while Depreciation And Amortization is likely to drop about 36.3 M.

Total Revenue

Total revenue comprises all receipts United Drilling Tools 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 United Drilling Tools minus its cost of goods sold. It is profit before United Drilling 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 United Drilling Tools. It is also known as United Drilling 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.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from United Drilling's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into United Drilling Tools 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 United Drilling Tools. 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 this time, United Drilling's Selling And Marketing Expenses is very stable compared to the past year. As of the 29th of November 2024, Research Development is likely to grow to about 18.8 M, while Depreciation And Amortization is likely to drop about 36.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.7M8.3M29.9M31.4M
Depreciation And Amortization30.4M41.3M51.9M36.3M

United Drilling income statement Correlations

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0.180.150.030.180.05-0.12-0.10.230.84-0.14-0.73-0.17-0.020.430.96-0.140.07-0.8-0.37-0.410.78
0.160.150.910.940.860.810.810.920.530.79-0.460.770.680.460.19-0.740.62-0.020.380.590.35
0.270.030.910.730.970.950.970.660.470.95-0.410.930.810.450.08-0.720.760.10.480.760.22
0.150.180.940.730.640.590.60.980.530.56-0.450.560.460.440.22-0.680.41-0.090.250.360.4
0.150.050.860.970.640.970.960.60.420.96-0.380.930.860.40.1-0.670.820.080.490.820.2
0.1-0.120.810.950.590.970.990.530.261.0-0.230.980.860.24-0.08-0.610.820.240.560.89-0.02
0.24-0.10.810.970.60.960.990.520.30.99-0.250.980.830.3-0.06-0.590.790.210.520.840.0
0.030.230.920.660.980.60.530.520.50.5-0.430.490.430.390.27-0.620.38-0.140.220.330.42
0.360.840.530.470.530.420.260.30.50.25-0.890.230.240.710.87-0.580.31-0.61-0.08-0.080.79
0.11-0.140.790.950.560.961.00.990.50.25-0.220.980.860.22-0.1-0.60.830.260.580.89-0.04
-0.26-0.73-0.46-0.41-0.45-0.38-0.23-0.25-0.43-0.89-0.22-0.17-0.32-0.78-0.790.58-0.390.610.110.06-0.8
0.16-0.170.770.930.560.930.980.980.490.230.98-0.170.760.21-0.12-0.610.720.340.620.87-0.11
-0.07-0.020.680.810.460.860.860.830.430.240.86-0.320.760.19-0.02-0.460.980.010.340.80.17
0.510.430.460.450.440.40.240.30.390.710.22-0.780.210.190.57-0.620.2-0.47-0.15-0.020.63
0.160.960.190.080.220.1-0.08-0.060.270.87-0.1-0.79-0.12-0.020.57-0.290.08-0.77-0.29-0.350.74
0.0-0.14-0.74-0.72-0.68-0.67-0.61-0.59-0.62-0.58-0.60.58-0.61-0.46-0.62-0.29-0.460.05-0.34-0.42-0.4
-0.10.070.620.760.410.820.820.790.380.310.83-0.390.720.980.20.08-0.46-0.080.30.750.18
-0.15-0.8-0.020.1-0.090.080.240.21-0.14-0.610.260.610.340.01-0.47-0.770.05-0.080.790.5-0.71
-0.18-0.370.380.480.250.490.560.520.22-0.080.580.110.620.34-0.15-0.29-0.340.30.790.71-0.31
-0.18-0.410.590.760.360.820.890.840.33-0.080.890.060.870.8-0.02-0.35-0.420.750.50.71-0.25
0.130.780.350.220.40.2-0.020.00.420.79-0.04-0.8-0.110.170.630.74-0.40.18-0.71-0.31-0.25
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United Drilling Account Relationship Matchups

United Drilling income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization27.0M26.8M30.4M41.3M51.9M36.3M
Interest Expense366K2.7M2.7M8.3M29.9M31.4M
Total Revenue1.1B1.4B1.7B1.2B1.3B932.4M
Gross Profit693.5M596.3M922.7M441.7M487.9M372.9M
Other Operating Expenses614.1M1.1B1.0B1.0B938.7M712.8M
Operating Income503.4M377.3M713.3M154.3M360.9M217.6M
Ebit532.6M377.0M723.1M156.3M160.3M208.9M
Ebitda559.6M403.7M753.5M197.7M212.2M245.1M
Cost Of Revenue424.0M832.2M826.3M756.5M811.7M559.5M
Total Operating Expenses190.0M219.0M210.6M291.4M487.9M512.3M
Income Before Tax527.5M391.4M714.7M148.1M137.9M201.4M
Total Other Income Expense Net(51.0M)(86.3M)(112.4M)(139.5M)(223.0M)(211.9M)
Net Income452.2M327.0M500.3M102.7M93.8M167.1M
Income Tax Expense75.4M64.4M214.4M45.3M44.1M34.6M
Selling General Administrative31.7M27.6M40.3M38.1M68.2M41.2M
Selling And Marketing Expenses10.2M17.9M14.3M16.3M56.0M58.8M
Tax Provision75.4M64.4M214.4M45.3M44.1M72.3M
Net Interest Income21.9M25.9M(8.4M)(8.3M)(29.9M)(28.4M)
Interest Income27.0M34.6M9.6M2.0M1.8M1.7M
Net Income From Continuing Ops452.2M327.0M500.3M102.7M93.8M89.1M
Reconciled Depreciation27.0M26.8M30.4M41.3M51.9M36.6M
Net Income Applicable To Common Shares452.2M327.0M500.3M102.7M118.2M112.3M

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Other Information on Investing in United Stock

United Drilling Tools 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 United Drilling shareholders. The income statement also shows United 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).