Eagle Historical Income Statement

ECC Stock  USD 9.09  0.02  0.22%   
Historical analysis of Eagle Point income statement accounts such as Total Revenue of 146 M or Gross Profit of 146 M can show how well Eagle Point Credit performed in making a profits. Evaluating Eagle Point income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Eagle Point's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Eagle Point Credit 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 Eagle Point Credit is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Credit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About Eagle Income Statement Analysis

Eagle Point Credit 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 Eagle Point shareholders. The income statement also shows Eagle 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).

Eagle Point Income Statement Chart

At present, Eagle Point's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 146 M, whereas Interest Expense is forecasted to decline to about 10.3 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Eagle Point Credit. It is also known as Eagle Point 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Eagle Point's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Eagle Point Credit 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Credit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Eagle Point's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 146 M, whereas Interest Expense is forecasted to decline to about 10.3 M.
 2021 2022 2023 2024 (projected)
Interest Income81.9M111.0M131.7M89.7M
Net Interest Income67.4M96.9M118.1M75.0M

Eagle Point income statement Correlations

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0.930.60.60.50.550.50.930.550.410.540.780.790.540.880.44-0.93
0.510.990.990.50.941.00.510.940.270.940.170.160.980.610.48-0.5
0.560.940.940.550.940.940.571.00.581.00.230.220.910.630.48-0.54
0.510.990.990.51.00.940.510.940.270.940.170.160.980.610.48-0.5
1.00.630.630.930.510.570.510.570.440.560.70.710.560.860.33-0.89
0.560.940.940.550.941.00.940.570.581.00.230.220.910.630.48-0.54
0.440.320.320.410.270.580.270.440.580.580.280.280.270.410.14-0.4
0.560.940.940.540.941.00.940.561.00.580.220.220.910.630.48-0.53
0.680.260.260.780.170.230.170.70.230.280.221.00.190.480.39-0.53
0.690.250.250.790.160.220.160.710.220.280.221.00.190.480.37-0.54
0.570.980.980.540.980.910.980.560.910.270.910.190.190.690.4-0.57
0.890.70.70.880.610.630.610.860.630.410.630.480.480.690.25-0.9
0.310.470.470.440.480.480.480.330.480.140.480.390.370.40.25-0.35
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Click cells to compare fundamentals

Eagle Point Account Relationship Matchups

Eagle Point income statement Accounts

201920202021202220232024 (projected)
Interest Expense13.5M10.5M14.5M14.1M13.6M10.3M
Selling General Administrative3.3M3.2M6.8M7.2M37.9M39.8M
Total Revenue(5.4M)64.1M140.8M(92.7M)139.1M146.0M
Gross Profit(5.4M)64.1M140.8M(92.7M)139.1M146.0M
Other Operating Expenses3.3M3.2M9.0M9.1M37.9M39.8M
Operating Income(8.7M)60.9M131.9M(87.7M)101.2M106.2M
Net Income From Continuing Ops(8.7M)60.9M131.9M(101.8M)118.8M124.7M
Ebit(8.7M)60.9M131.9M(87.7M)101.2M106.2M
Cost Of Revenue16.6M15.0M21.2M27.1M34.6M36.3M
Total Operating Expenses3.3M3.2M9.0M9.1M37.9M39.8M
Income Before Tax(8.7M)60.9M131.9M(101.8M)118.8M124.7M
Total Other Income Expense Net(13.5M)(10.5M)(14.5M)(14.1M)17.6M18.5M
Net Income Applicable To Common Shares(8.7M)60.9M131.7M(103.6M)(93.3M)(88.6M)
Net Income(8.7M)60.9M131.9M(101.8M)116.9M122.7M
Income Tax Expense33.7M36.5M150K83.0M88.1M92.5M
Net Interest Income48.1M48.0M67.4M96.9M118.1M75.0M
Interest Income61.6M58.5M81.9M111.0M131.7M89.7M
Ebitda(8.7M)60.9M131.9M(87.7M)132.4M139.0M

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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 Eagle Point Credit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Point'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 Eagle Point Credit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Point Credit Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Credit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Asset Management & Custody 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 Eagle Point. If investors know Eagle 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 Eagle Point 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
0.181
Earnings Share
1.71
Revenue Per Share
1.621
Quarterly Revenue Growth
0.332
Return On Assets
0.0712
The market value of Eagle Point Credit is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Point's value that differs from its market value or its book value, called intrinsic value, which is Eagle Point'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 Eagle Point's market value can be influenced by many factors that don't directly affect Eagle Point'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 Eagle Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Point'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.