Marine Historical Income Statement

MPX Stock  USD 9.86  0.15  1.50%   
Historical analysis of Marine Products income statement accounts such as Other Operating Expenses of 206 M can show how well Marine Products performed in making a profits. Evaluating Marine Products income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Marine Products's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Marine Products 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 Marine Products 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 Marine Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.

About Marine Income Statement Analysis

Marine Products 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 Marine Products shareholders. The income statement also shows Marine 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).

Marine Products Income Statement Chart

At this time, Marine Products' Operating Income is fairly stable compared to the past year. EBIT is likely to rise to about 49.1 M in 2024, whereas Interest Expense is likely to drop slightly above 85.5 K in 2024.

Total Revenue

Total revenue comprises all receipts Marine Products 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 Marine Products minus its cost of goods sold. It is profit before Marine Products 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 Marine Products. It is also known as Marine Products 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 Marine Products 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 Marine Products 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.
Most accounts from Marine Products' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Marine Products 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 Marine Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.At this time, Marine Products' Operating Income is fairly stable compared to the past year. EBIT is likely to rise to about 49.1 M in 2024, whereas Interest Expense is likely to drop slightly above 85.5 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit68.3M93.7M90.4M51.0M
Total Revenue298.0M381.0M383.7M229.5M

Marine Products income statement Correlations

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0.410.420.410.560.520.380.410.440.490.770.620.370.420.49-0.060.7-0.25-0.720.620.930.940.66
Click cells to compare fundamentals

Marine Products Account Relationship Matchups

Marine Products income statement Accounts

201920202021202220232024 (projected)
Interest Expense2.1M2.4M2.0M338K90K85.5K
Total Revenue292.1M239.8M298.0M381.0M383.7M229.5M
Gross Profit65.4M53.6M68.3M93.7M90.4M51.0M
Other Operating Expenses258.0M215.5M261.6M329.2M334.5M206.0M
Operating Income34.1M24.4M36.4M51.8M49.2M51.7M
Ebit34.1M24.4M36.4M51.8M46.8M49.1M
Ebitda36.2M26.3M38.2M53.7M49.2M24.8M
Cost Of Revenue226.7M186.2M229.7M287.3M293.4M178.5M
Total Operating Expenses31.3M29.2M31.9M41.9M41.2M27.5M
Income Before Tax34.5M24.5M36.4M52.1M52.1M30.1M
Total Other Income Expense Net323K95K16K338K2.9M4.8M
Net Income28.2M19.4M29.0M40.3M41.7M43.8M
Income Tax Expense6.2M5.0M7.4M11.8M10.4M6.9M
Depreciation And Amortization2.1M2.0M1.8M1.9M2.4M1.4M
Selling General Administrative31.3M29.2M31.9M41.8M43.1M28.0M
Research Development730K751K776K437K757K866.4K
Net Income Applicable To Common Shares28.2M19.4M29.0M39.5M45.4M47.7M
Net Income From Continuing Ops28.2M19.4M29.0M40.3M48.1M50.5M
Non Operating Income Net Other268K323K95K16K14.4K13.7K
Selling And Marketing Expenses2.5M2.0M1.6M76.8K82.4K78.3K
Tax Provision6.2M5.0M7.4M11.8M12.5M9.0M
Interest Income323K95K16K338K2.4M2.5M
Net Interest Income323K95K16K338K2.4M2.5M
Reconciled Depreciation2.1M2.0M1.8M1.9M2.2M2.1M

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Additional Tools for Marine Stock Analysis

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