Western Historical Income Statement
WNEB Stock | USD 9.38 0.01 0.11% |
Historical analysis of Western New income statement accounts such as Depreciation And Amortization of 1.9 M, Interest Expense of 34.9 M, Selling General Administrative of 2.7 M or Total Revenue of 106.2 M can show how well Western New England performed in making a profits. Evaluating Western New income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Western New's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Western New England 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 Western New England is a good buy for the upcoming year.
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About Western Income Statement Analysis
Western New England 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 Western New shareholders. The income statement also shows Western 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).
Western New Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Western New England 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 Western New England minus its cost of goods sold. It is profit before Western New 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 Western New England. It is also known as Western New 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.Most accounts from Western New's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Western New England 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western New England. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At present, Western New's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 106.2 M, whereas Depreciation And Amortization is forecasted to decline to about 1.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.7M | 6.7M | 33.2M | 34.9M | Depreciation And Amortization | 2.7M | 2.7M | 2.6M | 1.9M |
Western New income statement Correlations
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Western New Account Relationship Matchups
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Western New income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 2.5M | 2.5M | 2.7M | 2.7M | 2.6M | 1.9M | |
Interest Expense | 24.1M | 18.4M | 6.7M | 6.7M | 33.2M | 34.9M | |
Selling General Administrative | 5.2M | 5.3M | 5.1M | 5.6M | 2.9M | 2.7M | |
Total Revenue | 65.0M | 65.9M | 86.1M | 91.9M | 101.1M | 106.2M | |
Gross Profit | 65.0M | 65.9M | 86.1M | 91.9M | 101.1M | 106.2M | |
Other Operating Expenses | 47.8M | 51.8M | 54.4M | 57.2M | 4.4M | 4.2M | |
Operating Income | 17.2M | 14.2M | 31.7M | 41.3M | 19.6M | 20.3M | |
Ebit | 17.2M | 14.2M | 31.7M | 34.6M | 19.6M | 20.1M | |
Ebitda | 19.7M | 16.7M | 34.4M | 37.3M | 19.6M | 21.4M | |
Total Operating Expenses | 47.8M | 51.8M | 54.4M | 57.2M | 4.4M | 4.2M | |
Income Before Tax | 17.2M | 14.2M | 31.7M | 34.6M | 19.6M | 13.4M | |
Total Other Income Expense Net | 17.2M | (987K) | (45K) | (6.7M) | 19.6M | 20.6M | |
Net Income Applicable To Common Shares | 13.3M | 11.2M | 23.7M | 25.9M | 29.8M | 31.3M | |
Net Income | 13.3M | 11.2M | 23.7M | 25.9M | 15.1M | 9.8M | |
Income Tax Expense | 3.9M | 2.9M | 8.0M | 8.7M | 4.5M | 3.6M | |
Net Income From Continuing Ops | 13.3M | 11.2M | 23.7M | 25.9M | 21.6M | 13.5M | |
Selling And Marketing Expenses | 1.3M | 1.1M | 1.3M | 1.4M | 1.5M | 1.4M | |
Tax Provision | 3.9M | 2.9M | 8.0M | 8.7M | 6.7M | 6.0M | |
Net Interest Income | 58.0M | 64.4M | 73.2M | 79.2M | 72.6M | 65.5M | |
Interest Income | 82.1M | 82.9M | 79.8M | 85.9M | 97.9M | 82.2M | |
Reconciled Depreciation | 2.5M | 2.5M | 2.7M | 2.7M | 2.6M | 2.8M |
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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.When determining whether Western New England offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western New's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western New England Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western New England Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western New England. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western New. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Dividend Share 0.28 | Earnings Share 0.52 | Revenue Per Share 3.441 | Quarterly Revenue Growth (0.10) |
The market value of Western New England is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western New's value that differs from its market value or its book value, called intrinsic value, which is Western New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western New's market value can be influenced by many factors that don't directly affect Western New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.