ASX Historical Income Statement

ASX Stock   66.06  0.26  0.39%   
Historical analysis of ASX income statement accounts such as Interest Expense of 483.6 M, Total Revenue of 661.4 M or Gross Profit of 1.6 B can show how well ASX performed in making a profits. Evaluating ASX income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ASX's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining ASX 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 ASX is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASX. 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.

About ASX Income Statement Analysis

ASX 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 ASX shareholders. The income statement also shows ASX 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).

ASX Income Statement Chart

At this time, ASX's Net Income From Continuing Ops is comparatively stable compared to the past year. Tax Provision is likely to gain to about 212.2 M in 2024, whereas Operating Income is likely to drop slightly above 404.2 M in 2024.

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 ASX 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 ASX minus its cost of goods sold. It is profit before ASX 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 ASX. It is also known as ASX 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 ASX 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 ASX 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 ASX financial statement analysis. It represents the amount of money remaining after all of ASX operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from ASX's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ASX 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 ASX. 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.
At this time, ASX's Net Income From Continuing Ops is comparatively stable compared to the past year. Tax Provision is likely to gain to about 212.2 M in 2024, whereas Operating Income is likely to drop slightly above 404.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense13.8M333.1M460.6M483.6M
Depreciation And Amortization52.4M39.1M40M32.1M

ASX income statement Correlations

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-0.150.230.80.750.120.780.760.75-0.010.04-0.020.030.790.140.02-0.870.00.980.17-0.88-0.61
0.850.230.640.740.960.650.670.650.85-0.120.850.850.540.80.44-0.070.40.16-0.27-0.350.42
0.380.80.640.940.490.970.970.90.480.090.460.530.880.430.51-0.780.490.78-0.17-0.64-0.09
0.490.750.740.940.650.930.930.960.51-0.080.50.550.910.490.41-0.610.370.73-0.09-0.69-0.02
0.860.120.960.490.650.530.550.560.8-0.270.80.790.450.740.340.110.30.05-0.33-0.290.45
0.410.780.650.970.930.531.00.870.560.210.550.610.80.550.47-0.720.440.74-0.11-0.6-0.15
0.440.760.670.970.930.551.00.870.580.210.570.630.80.560.49-0.710.460.72-0.12-0.59-0.12
0.420.750.650.90.960.560.870.870.43-0.060.420.460.970.440.34-0.630.290.74-0.01-0.69-0.04
0.89-0.010.850.480.510.80.560.580.430.321.00.990.250.870.60.030.56-0.09-0.180.020.49
-0.020.04-0.120.09-0.08-0.270.210.21-0.060.320.320.32-0.190.340.24-0.220.24-0.020.40.28-0.21
0.89-0.020.850.460.50.80.550.570.421.00.320.990.240.880.580.050.54-0.1-0.160.030.49
0.90.030.850.530.550.790.610.630.460.990.320.990.290.830.68-0.040.64-0.04-0.210.010.5
0.280.790.540.880.910.450.80.80.970.25-0.190.240.290.250.3-0.690.250.81-0.09-0.75-0.09
0.660.140.80.430.490.740.550.560.440.870.340.880.830.250.180.010.140.010.01-0.170.17
0.630.020.440.510.410.340.470.490.340.60.240.580.680.30.18-0.290.990.08-0.330.140.56
0.19-0.87-0.07-0.78-0.610.11-0.72-0.71-0.630.03-0.220.05-0.04-0.690.01-0.29-0.3-0.91-0.080.670.46
0.570.00.40.490.370.30.440.460.290.560.240.540.640.250.140.99-0.30.06-0.380.160.56
-0.190.980.160.780.730.050.740.720.74-0.09-0.02-0.1-0.040.810.010.08-0.910.060.15-0.87-0.56
-0.290.17-0.27-0.17-0.09-0.33-0.11-0.12-0.01-0.180.4-0.16-0.21-0.090.01-0.33-0.08-0.380.15-0.2-0.44
0.07-0.88-0.35-0.64-0.69-0.29-0.6-0.59-0.690.020.280.030.01-0.75-0.170.140.670.16-0.87-0.20.49
0.71-0.610.42-0.09-0.020.45-0.15-0.12-0.040.49-0.210.490.5-0.090.170.560.460.56-0.56-0.440.49
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ASX Account Relationship Matchups

ASX income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization52M55.5M52.4M39.1M40M32.1M
Interest Expense67.4M14M13.8M333.1M460.6M483.6M
Total Revenue1.1B962.3M1.0B1.0B1.1B661.4M
Gross Profit1.0B906.7M989.3M976.8M1.6B1.6B
Other Operating Expenses291.9M315.2M338.7M401.1M436.3M458.1M
Operating Income808.4M647.1M703.1M780.3M614.7M404.2M
Ebit808.5M701.9M744.1M780.3M1.1B1.2B
Ebitda860.5M757.4M796.5M819.4M1.2B1.2B
Total Operating Expenses239.8M315.2M338.7M401.1M436.3M458.1M
Income Before Tax725.8M687.9M730.3M447.2M681.5M439.0M
Total Other Income Expense Net(82.6M)(13.9M)(13.7M)(167.6M)66.8M70.1M
Net Income498.6M480.9M508.5M317.3M474.2M299.4M
Income Tax Expense222.2M207M221.8M129.9M207.3M150.7M
Net Income Applicable To Common Shares498.6M480.9M508.5M317.3M364.9M335.9M
Selling General Administrative202.5M214.3M235.7M307.2M336.9M353.7M
Net Income From Continuing Ops498.6M480.9M508.5M317.3M474.2M485.8M
Cost Of Revenue52.1M55.6M52.5M39.1M(499.7M)(474.7M)
Tax Provision222.2M207M221.8M129.9M207.3M212.2M
Interest Income72.5M60.7M54.9M348.6M539.7M566.7M
Net Interest Income(67.5M)46.7M41.1M70.8M76.7M40.9M
Reconciled Depreciation52M55.5M52.4M39.1M40M37.1M

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Additional Tools for ASX Stock Analysis

When running ASX's price analysis, check to measure ASX'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 ASX is operating at the current time. Most of ASX's value examination focuses on studying past and present price action to predict the probability of ASX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASX's price. Additionally, you may evaluate how the addition of ASX to your portfolios can decrease your overall portfolio volatility.