LATAM Historical Income Statement
| LTM Stock | USD 26.95 0.09 0.34% |
Historical analysis of LATAM Airlines income statement accounts such as Interest Expense of 790.2 M can show how well LATAM Airlines Group performed in making a profits. Evaluating LATAM Airlines income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of LATAM Airlines's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining LATAM Airlines Group 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 LATAM Airlines Group is a good buy for the upcoming year.
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About LATAM Income Statement Analysis
LATAM Airlines Group 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 LATAM Airlines shareholders. The income statement also shows LATAM 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).
LATAM Airlines Income Statement Chart
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Total Revenue
Total revenue comprises all receipts LATAM Airlines Group 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of LATAM Airlines Group. It is also known as LATAM Airlines 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 LATAM Airlines Group income statement and represents the costs associated with goods and services LATAM Airlines 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 LATAM Airlines' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into LATAM Airlines Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LATAM Airlines Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, LATAM Airlines' Income Before Tax is very stable compared to the past year. As of the 26th of November 2024, Net Income is likely to grow to about 610.9 M, while Net Interest Income is likely to drop (601.5 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 748.0M | 911.8M | 682.9M | 790.2M | Depreciation And Amortization | 1.2B | 1.2B | 1.2B | 987.9M |
LATAM Airlines income statement Correlations
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LATAM Airlines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LATAM Airlines Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Passenger Airlines 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 LATAM Airlines. If investors know LATAM 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 LATAM Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of LATAM Airlines Group is measured differently than its book value, which is the value of LATAM that is recorded on the company's balance sheet. Investors also form their own opinion of LATAM Airlines' value that differs from its market value or its book value, called intrinsic value, which is LATAM Airlines' 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 LATAM Airlines' market value can be influenced by many factors that don't directly affect LATAM Airlines' 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 LATAM Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if LATAM Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LATAM Airlines' 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.