Synalloy Historical Income Statement
| ACNT Stock | USD 10.65 0.25 2.40% |
Historical analysis of Synalloy income statement accounts such as Interest Expense of 4.4 M, Total Revenue of 167.4 M or Gross Profit of 1.4 M can show how well Synalloy performed in making a profits. Evaluating Synalloy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Synalloy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Synalloy 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 Synalloy is a good buy for the upcoming year.
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About Synalloy Income Statement Analysis
Synalloy 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 Synalloy shareholders. The income statement also shows Synalloy 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).
Synalloy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Synalloy 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 Synalloy minus its cost of goods sold. It is profit before Synalloy 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 Synalloy. It is also known as Synalloy 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.Cost Of Revenue
Cost of Revenue is found on Synalloy income statement and represents the costs associated with goods and services Synalloy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Synalloy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Synalloy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Synalloy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Synalloy Stock please use our How to Invest in Synalloy guide.At this time, Synalloy's Interest Expense is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 7.3 M in 2024, whereas Gross Profit is likely to drop slightly above 1.4 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.5M | 2.7M | 4.2M | 4.4M | Depreciation And Amortization | 10.8M | 8.3M | 7.7M | 4.5M |
Synalloy income statement Correlations
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Synalloy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 11.1M | 11.1M | 10.8M | 8.3M | 7.7M | 4.5M | |
| Interest Expense | 3.8M | 2.1M | 1.5M | 2.7M | 4.2M | 4.4M | |
| Total Revenue | 305.2M | 256M | 334.7M | 414.1M | 193.2M | 167.4M | |
| Gross Profit | 30.8M | 22.7M | 60.8M | 56.5M | 1.5M | 1.4M | |
| Other Operating Expenses | 307.0M | 265.2M | 304.3M | 392.6M | 218.2M | 160.7M | |
| Operating Income | (11.0M) | (9.2M) | 27.3M | 20.4M | (25.2M) | (23.9M) | |
| Ebit | (11.0M) | (29.9M) | 27.0M | 14.8M | (36.8M) | (35.0M) | |
| Ebitda | 55K | (18.8M) | 37.8M | 23.0M | (29.2M) | (27.7M) | |
| Cost Of Revenue | 274.4M | 233.3M | 273.9M | 357.6M | 191.7M | 144.1M | |
| Total Operating Expenses | 32.6M | 31.8M | 30.3M | 35.0M | 26.3M | 16.6M | |
| Income Before Tax | (3.8M) | (32.0M) | 25.5M | 17.9M | (41.1M) | (39.0M) | |
| Total Other Income Expense Net | 7.2M | (906K) | (1.9M) | (3.6M) | (15.9M) | (15.1M) | |
| Net Income | (3.0M) | (27.3M) | 20.2M | 22.1M | (34.2M) | (32.4M) | |
| Income Tax Expense | (727K) | (4.7M) | 5.3M | (4.2M) | 6.9M | 7.3M | |
| Selling General Administrative | 32.6M | 28.7M | 30.1M | 35.0M | 40.2M | 42.2M | |
| Research Development | 556.2K | 548.5K | 600K | 500K | 450K | 449.5K | |
| Tax Provision | (727K) | (4.7M) | 5.3M | (4.2M) | (3.8M) | (3.6M) | |
| Net Interest Income | (3.8M) | (2.1M) | (1.5M) | (2.7M) | (3.2M) | (3.3M) | |
| Net Income From Continuing Ops | (3.0M) | (27.3M) | 20.2M | 22.1M | 25.4M | 26.6M | |
| Reconciled Depreciation | 11.1M | 10.6M | 10.3M | 12.7M | 14.6M | 11.7M |
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When running Synalloy's price analysis, check to measure Synalloy'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 Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.