Mindteck Historical Income Statement

MINDTECK   293.95  3.50  1.18%   
Historical analysis of Mindteck income statement accounts such as Total Revenue of 3.1 B can show how well Mindteck Limited performed in making a profits. Evaluating Mindteck income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mindteck's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Mindteck Limited 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 Mindteck Limited is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mindteck Limited. 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.

About Mindteck Income Statement Analysis

Mindteck Limited 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 Mindteck shareholders. The income statement also shows Mindteck 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).

Mindteck Income Statement Chart

At present, Mindteck's Gross Profit is projected to decrease significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 616.9 M, whereas Depreciation And Amortization is forecasted to decline to about 38 M.

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.

Total Revenue

Total revenue comprises all receipts Mindteck Limited 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 Mindteck Limited minus its cost of goods sold. It is profit before Mindteck 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 Mindteck Limited. It is also known as Mindteck 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Mindteck Limited financial statement analysis. It represents the amount of money remaining after all of Mindteck Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Mindteck's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mindteck Limited 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 Mindteck Limited. 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 present, Mindteck's Gross Profit is projected to decrease significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 616.9 M, whereas Depreciation And Amortization is forecasted to decline to about 38 M.
 2021 2022 2023 2024 (projected)
Interest Expense9.2M10.1M8.9M8.1M
Depreciation And Amortization50M45.2M44.5M38.0M

Mindteck income statement Correlations

0.890.53-0.50.01-0.57-0.1-0.23-0.13-0.19-0.29-0.29-0.29-0.12-0.32-0.02-0.220.20.24-0.490.56
0.890.31-0.4-0.04-0.42-0.15-0.44-0.35-0.08-0.49-0.37-0.51-0.06-0.16-0.2-0.470.210.25-0.650.72
0.530.31-0.790.45-0.88-0.220.010.070.38-0.040.17-0.02-0.140.33-0.270.25-0.51-0.20.41-0.32
-0.5-0.4-0.79-0.470.970.650.420.37-0.570.46-0.110.430.36-0.360.550.120.480.41-0.280.21
0.01-0.040.45-0.47-0.51-0.13-0.02-0.010.47-0.020.2-0.030.030.61-0.310.21-0.47-0.140.36-0.3
-0.57-0.42-0.880.97-0.510.520.290.23-0.530.34-0.10.310.28-0.340.470.00.490.33-0.290.21
-0.1-0.15-0.220.65-0.130.520.670.67-0.550.67-0.210.630.37-0.180.620.460.320.8-0.260.26
-0.23-0.440.010.42-0.020.290.670.99-0.291.00.460.990.41-0.060.370.910.180.30.1-0.14
-0.13-0.350.070.37-0.010.230.670.99-0.320.980.440.970.4-0.090.380.90.20.340.05-0.08
-0.19-0.080.38-0.570.47-0.53-0.55-0.29-0.32-0.290.34-0.27-0.20.85-0.510.05-0.64-0.490.52-0.44
-0.29-0.49-0.040.46-0.020.340.671.00.98-0.290.470.990.4-0.050.380.910.170.290.12-0.16
-0.29-0.370.17-0.110.2-0.1-0.210.460.440.340.470.470.230.31-0.120.580.04-0.330.33-0.43
-0.29-0.51-0.020.43-0.030.310.630.990.97-0.270.990.470.27-0.060.390.930.140.250.15-0.19
-0.12-0.06-0.140.360.030.280.370.410.4-0.20.40.230.270.060.040.170.250.19-0.110.09
-0.32-0.160.33-0.360.61-0.34-0.18-0.06-0.090.85-0.050.31-0.060.06-0.50.19-0.63-0.250.5-0.41
-0.02-0.2-0.270.55-0.310.470.620.370.38-0.510.38-0.120.390.04-0.50.280.550.63-0.210.15
-0.22-0.470.250.120.210.00.460.910.90.050.910.580.930.170.190.28-0.080.130.34-0.35
0.20.21-0.510.48-0.470.490.320.180.2-0.640.170.040.140.25-0.630.55-0.080.59-0.760.63
0.240.25-0.20.41-0.140.330.80.30.34-0.490.29-0.330.250.19-0.250.630.130.59-0.60.59
-0.49-0.650.41-0.280.36-0.29-0.260.10.050.520.120.330.15-0.110.5-0.210.34-0.76-0.6-0.95
0.560.72-0.320.21-0.30.210.26-0.14-0.08-0.44-0.16-0.43-0.190.09-0.410.15-0.350.630.59-0.95
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Mindteck Account Relationship Matchups

Mindteck income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization70.3M63.7M50M45.2M44.5M38.0M
Interest Expense22.6M16.5M9.2M10.1M8.9M8.1M
Selling General Administrative67M85M81M79.5M75.6M95.8M
Total Revenue2.8B2.9B3.0B3.4B3.9B3.1B
Gross Profit457.8M531.2M565.8M524.9M608.4M842.7M
Other Operating Expenses2.8B2.7B2.8B3.1B3.3B3.0B
Operating Income(22.6M)137.5M160.1M231M587.5M616.9M
Ebit(618.1M)177.8M390M269.9M344.2M361.4M
Ebitda(547.8M)241.5M440M315.1M388.7M408.1M
Total Operating Expenses480.6M394.8M403.3M299.3M20.9M19.9M
Income Before Tax(640.7M)161.3M380.8M259.8M335.3M352.1M
Total Other Income Expense Net(618.1M)24.9M(57M)31.4M(252.2M)(239.6M)
Net Income(648M)108.6M333.1M207.7M273.1M286.8M
Income Tax Expense7.3M52.7M47.7M52.1M62.2M37.4M
Cost Of Revenue2.3B2.3B2.4B2.8B3.2B2.8B
Net Income From Continuing Ops(648M)108.6M333.1M207.7M273.1M286.8M
Net Income Applicable To Common Shares(648M)108.6M333.1M207.7M186.9M196.3M
Tax Provision7.3M52.7M47.7M52.1M62.2M32.3M
Interest Income12M16.5M9.2M10.1M45.4M47.7M
Net Interest Income(19.1M)(16.5M)(9.2M)(10.1M)(8.9M)(8.5M)
Reconciled Depreciation70.4M63.9M50.2M45.3M44.8M48.2M

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Other Information on Investing in Mindteck Stock

Mindteck Limited 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 Mindteck shareholders. The income statement also shows Mindteck 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).