United Historical Income Statement
UNIDT Stock | 252.07 0.08 0.03% |
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.
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.
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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
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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.Operating Income
Operating Income is the amount of profit realized from United Drilling Tools 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 United Drilling Tools 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 United Drilling Tools financial statement analysis. It represents the amount of money remaining after all of United Drilling Tools operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 1st of December 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 Expense | 2.7M | 8.3M | 29.9M | 31.4M | Depreciation And Amortization | 30.4M | 41.3M | 51.9M | 36.3M |
United Drilling income statement Correlations
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United Drilling income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 27.0M | 26.8M | 30.4M | 41.3M | 51.9M | 36.3M | |
Interest Expense | 366K | 2.7M | 2.7M | 8.3M | 29.9M | 31.4M | |
Total Revenue | 1.1B | 1.4B | 1.7B | 1.2B | 1.3B | 932.4M | |
Gross Profit | 693.5M | 596.3M | 922.7M | 441.7M | 487.9M | 372.9M | |
Other Operating Expenses | 614.1M | 1.1B | 1.0B | 1.0B | 938.7M | 712.8M | |
Operating Income | 503.4M | 377.3M | 713.3M | 154.3M | 360.9M | 217.6M | |
Ebit | 532.6M | 377.0M | 723.1M | 156.3M | 160.3M | 208.9M | |
Ebitda | 559.6M | 403.7M | 753.5M | 197.7M | 212.2M | 245.1M | |
Cost Of Revenue | 424.0M | 832.2M | 826.3M | 756.5M | 811.7M | 559.5M | |
Total Operating Expenses | 190.0M | 219.0M | 210.6M | 291.4M | 487.9M | 512.3M | |
Income Before Tax | 527.5M | 391.4M | 714.7M | 148.1M | 137.9M | 201.4M | |
Total Other Income Expense Net | (51.0M) | (86.3M) | (112.4M) | (139.5M) | (223.0M) | (211.9M) | |
Net Income | 452.2M | 327.0M | 500.3M | 102.7M | 93.8M | 167.1M | |
Income Tax Expense | 75.4M | 64.4M | 214.4M | 45.3M | 44.1M | 34.6M | |
Selling General Administrative | 31.7M | 27.6M | 40.3M | 38.1M | 68.2M | 41.2M | |
Selling And Marketing Expenses | 10.2M | 17.9M | 14.3M | 16.3M | 56.0M | 58.8M | |
Tax Provision | 75.4M | 64.4M | 214.4M | 45.3M | 44.1M | 72.3M | |
Net Interest Income | 21.9M | 25.9M | (8.4M) | (8.3M) | (29.9M) | (28.4M) | |
Interest Income | 27.0M | 34.6M | 9.6M | 2.0M | 1.8M | 1.7M | |
Net Income From Continuing Ops | 452.2M | 327.0M | 500.3M | 102.7M | 93.8M | 89.1M | |
Reconciled Depreciation | 27.0M | 26.8M | 30.4M | 41.3M | 51.9M | 36.6M | |
Net Income Applicable To Common Shares | 452.2M | 327.0M | 500.3M | 102.7M | 118.2M | 112.3M |
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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.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).