International Historical Income Statement

IGIC Stock  USD 26.60  0.69  2.66%   
Historical analysis of International General income statement accounts such as Operating Income of 129.2 M or Income Before Tax of 132.4 M can show how well International General Insurance performed in making a profits. Evaluating International General income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of International General's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining International General 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 International General is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About International Income Statement Analysis

International General 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 International General shareholders. The income statement also shows International 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).

International General Income Statement Chart

At present, International General's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 95.4 M, whereas Interest Expense is forecasted to decline to about 149.1 K.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of International General Insurance minus its cost of goods sold. It is profit before International General 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 International General. It is also known as International General 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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most accounts from International General's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into International General 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, International General's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 95.4 M, whereas Interest Expense is forecasted to decline to about 149.1 K.
 2021 2022 2023 2024 (projected)
Total Revenue357.1M386.6M472.0M320.9M
Interest Income14.8M21.1M40.7M42.8M

International General income statement Correlations

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International General Account Relationship Matchups

International General income statement Accounts

201920202021202220232024 (projected)
Interest Expense108.4K203K358K132K151.8K149.1K
Selling General Administrative39.2M50.3M58.9M67.5M78.9M46.9M
Operating Income23.6M33.1M43.5M84.0M123.0M129.2M
Income Before Tax25.3M33.7M45.5M87.7M126.0M132.4M
Net Income Applicable To Common Shares23.6M29.6M40.6M79M90.9M95.4M
Net Income23.6M27.3M46.8M89.2M118.2M124.1M
Tax Provision1.7M2.1M1.9M2.2M7.0M7.3M
Interest Income12.0M12.9M14.8M21.1M40.7M42.8M
Total Revenue249.9M296M357.1M386.6M472.0M320.9M
Gross Profit249.9M296M357.1M386.6M471.6M304.1M
Other Operating Expenses224.7M262.3M311.6M298.9M477.1M265.3M
Net Income From Continuing Ops23.6M31.6M43.6M85.5M103.9M109.1M
Ebit25.5M23.6M27.4M43.5M87.9M0.0
Cost Of Revenue139.9M127.3M163.5M360K324K307.8K
Total Operating Expenses(226.3M)(262.9M)(313.6M)(302.6M)477.1M500.9M
Total Other Income Expense Net1.6M31.5M46.7M(235.2M)3.0M3.2M
Income Tax Expense1.7M2.1M1.9M2.2M7.9M8.2M
Net Interest Income(245.0K)(325K)(486K)(376K)(338.4K)(355.3K)
Depreciation And Amortization2.0M2.6M3.6M3.1M2.5M2.6M
Selling And Marketing Expenses3.3M1.3M1.4M3.0M2.5M2.1M
Ebitda25.6M30.0M47.1M90.9M2.5M2.4M
Reconciled Depreciation2.0M2.6M3.6M3.7M2.5M2.7M

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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 International General offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of International General'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 International General Insurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on International General Insurance Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Property & Casualty Insurance 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 International General. If investors know International 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 International General 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
2.157
Dividend Share
0.01
Earnings Share
3.03
Revenue Per Share
11.604
Quarterly Revenue Growth
0.363
The market value of International General is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International General's value that differs from its market value or its book value, called intrinsic value, which is International General'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 International General's market value can be influenced by many factors that don't directly affect International General'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 International General's value and its price as these two are different measures arrived at by different means. Investors typically determine if International General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International General'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.