Shipping Stock Net Income

SCI Stock   234.87  0.34  0.14%   
Shipping fundamentals help investors to digest information that contributes to Shipping's financial success or failures. It also enables traders to predict the movement of Shipping Stock. The fundamental analysis module provides a way to measure Shipping's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shipping stock.
Last ReportedProjected for Next Year
Net Income6.8 BB
Net Income Applicable To Common Shares7.8 B4.1 B
Net Income From Continuing Ops6.8 B4.6 B
As of December 2, 2024, Net Income is expected to decline to about 4 B. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 4.1 B.
  
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Shipping Company Net Income Analysis

Shipping's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Shipping Net Income

    
  6.79 B  
Most of Shipping's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shipping is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Shipping Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

57.3 Billion

At present, Shipping's Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Shipping reported net income of 6.79 B. This is much higher than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The net income for all India stocks is significantly lower than that of the firm.

Shipping Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shipping's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shipping could also be used in its relative valuation, which is a method of valuing Shipping by comparing valuation metrics of similar companies.
Shipping is currently under evaluation in net income category among its peers.

Shipping Fundamentals

About Shipping Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shipping's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shipping using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shipping based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Shipping Stock

Shipping financial ratios help investors to determine whether Shipping Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shipping with respect to the benefits of owning Shipping security.