Forafric Historical Income Statement
| AFRI Stock | USD 10.17 0.07 0.69% |
Historical analysis of Forafric Global income statement accounts such as Depreciation And Amortization of 6.1 M, Interest Expense of 11.7 M or Selling General Administrative of 25.8 M can show how well Forafric Global PLC performed in making a profits. Evaluating Forafric Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Forafric Global's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Forafric Global PLC 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 Forafric Global PLC is a good buy for the upcoming year.
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About Forafric Income Statement Analysis
Forafric Global PLC 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 Forafric Global shareholders. The income statement also shows Forafric 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).
Forafric Global Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Forafric Global PLC 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 Forafric Global PLC minus its cost of goods sold. It is profit before Forafric Global 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 Forafric Global PLC. It is also known as Forafric Global 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.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Forafric Global PLC whose combined shares represent less than 50% of the total outstanding shares issued by Forafric Global have a minority interest in Forafric Global.Most accounts from Forafric Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Forafric Global PLC 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 Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of now, Forafric Global's Depreciation And Amortization is increasing as compared to previous years. The Forafric Global's current EBIT is estimated to increase to about 1.4 M, while Tax Provision is forecasted to increase to (100.7 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 5.2M | 6.6M | 6.1M | 6.1M | Interest Income | 543K | 34K | 37K | 35.2K |
Forafric Global income statement Correlations
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Forafric Global Account Relationship Matchups
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When determining whether Forafric Global PLC is a strong investment it is important to analyze Forafric Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forafric Global's future performance. For an informed investment choice regarding Forafric Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Packaged Foods & Meats 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 Forafric Global. If investors know Forafric 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 Forafric Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 11.365 | Quarterly Revenue Growth 0.186 | Return On Assets 0.0023 | Return On Equity (0.34) |
The market value of Forafric Global PLC is measured differently than its book value, which is the value of Forafric that is recorded on the company's balance sheet. Investors also form their own opinion of Forafric Global's value that differs from its market value or its book value, called intrinsic value, which is Forafric Global'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 Forafric Global's market value can be influenced by many factors that don't directly affect Forafric Global'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 Forafric Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forafric Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forafric Global'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.