McEwen Historical Income Statement

MUX Stock  USD 8.52  0.10  1.19%   
Historical analysis of McEwen Mining income statement accounts such as Other Operating Expenses of 344.7 M can show how well McEwen Mining performed in making a profits. Evaluating McEwen Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of McEwen Mining's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining McEwen Mining 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 McEwen Mining 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 McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.

About McEwen Income Statement Analysis

McEwen Mining 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 McEwen Mining shareholders. The income statement also shows McEwen 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).

McEwen Mining Income Statement Chart

At this time, McEwen Mining's Tax Provision is fairly stable compared to the past year. Interest Income is likely to rise to about 38.8 M in 2024, whereas Interest Expense is likely to drop slightly above 125.4 K in 2024.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of McEwen Mining minus its cost of goods sold. It is profit before McEwen Mining 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 McEwen Mining. It is also known as McEwen Mining 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 McEwen Mining income statement and represents the costs associated with goods and services McEwen Mining 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.

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 McEwen Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into McEwen Mining 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 McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.At this time, McEwen Mining's Tax Provision is fairly stable compared to the past year. Interest Income is likely to rise to about 38.8 M in 2024, whereas Interest Expense is likely to drop slightly above 125.4 K in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses46.7M97.7M126.4M132.7M
Cost Of Revenue143.0M111.0M201.9M212.0M

McEwen Mining income statement Correlations

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0.92-0.40.89-0.07-0.38-0.310.960.560.360.540.320.510.15-0.29-0.12-0.35-0.120.790.860.620.460.87-0.6
-0.65-0.4-0.670.360.410.37-0.65-0.57-0.14-0.49-0.09-0.420.34-0.130.52-0.010.0-0.62-0.43-0.75-0.58-0.630.64
0.920.89-0.67-0.2-0.47-0.40.960.840.360.650.330.570.13-0.26-0.28-0.1-0.150.90.810.840.660.87-0.77
-0.07-0.070.36-0.2-0.62-0.66-0.17-0.210.750.50.730.60.020.240.96-0.11-0.87-0.10.11-0.25-0.22-0.060.19
-0.56-0.380.41-0.47-0.621.0-0.45-0.4-0.75-0.85-0.66-0.89-0.03-0.02-0.49-0.020.79-0.45-0.58-0.32-0.17-0.550.28
-0.49-0.310.37-0.4-0.661.0-0.37-0.36-0.76-0.84-0.67-0.88-0.03-0.04-0.54-0.050.82-0.39-0.52-0.27-0.14-0.480.24
0.970.96-0.650.96-0.17-0.45-0.370.650.340.60.30.560.02-0.2-0.27-0.29-0.10.850.850.760.570.92-0.7
0.610.56-0.570.84-0.21-0.4-0.360.650.320.590.30.450.3-0.31-0.240.25-0.20.760.540.780.670.56-0.71
0.350.36-0.140.360.75-0.75-0.760.340.320.910.990.91-0.030.250.66-0.18-0.890.460.450.430.450.33-0.46
0.610.54-0.490.650.5-0.85-0.840.60.590.910.880.96-0.030.130.37-0.1-0.770.690.630.670.610.57-0.66
0.270.32-0.090.330.73-0.66-0.670.30.30.990.880.85-0.010.260.65-0.15-0.860.430.380.430.50.25-0.48
0.610.51-0.420.570.6-0.89-0.880.560.450.910.960.85-0.090.180.45-0.24-0.810.640.670.550.440.58-0.52
-0.010.150.340.130.02-0.03-0.030.020.3-0.03-0.03-0.01-0.09-0.70.190.23-0.05-0.120.09-0.16-0.05-0.020.14
-0.19-0.29-0.13-0.260.24-0.02-0.04-0.2-0.310.250.130.260.18-0.70.05-0.13-0.18-0.09-0.220.050.11-0.15-0.07
-0.18-0.120.52-0.280.96-0.49-0.54-0.27-0.240.660.370.650.450.190.05-0.05-0.8-0.190.03-0.36-0.3-0.170.3
-0.26-0.35-0.01-0.1-0.11-0.02-0.05-0.290.25-0.18-0.1-0.15-0.240.23-0.13-0.050.08-0.24-0.29-0.11-0.06-0.230.11
-0.18-0.120.0-0.15-0.870.790.82-0.1-0.2-0.89-0.77-0.86-0.81-0.05-0.18-0.80.08-0.24-0.28-0.15-0.13-0.160.15
0.830.79-0.620.9-0.1-0.45-0.390.850.760.460.690.430.64-0.12-0.09-0.19-0.24-0.240.790.890.650.75-0.76
0.880.86-0.430.810.11-0.58-0.520.850.540.450.630.380.670.09-0.220.03-0.29-0.280.790.570.330.82-0.48
0.670.62-0.750.84-0.25-0.32-0.270.760.780.430.670.430.55-0.160.05-0.36-0.11-0.150.890.570.90.59-0.91
0.40.46-0.580.66-0.22-0.17-0.140.570.670.450.610.50.44-0.050.11-0.3-0.06-0.130.650.330.90.36-0.92
0.950.87-0.630.87-0.06-0.55-0.480.920.560.330.570.250.58-0.02-0.15-0.17-0.23-0.160.750.820.590.36-0.47
-0.58-0.60.64-0.770.190.280.24-0.7-0.71-0.46-0.66-0.48-0.520.14-0.070.30.110.15-0.76-0.48-0.91-0.92-0.47
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McEwen Mining Account Relationship Matchups

McEwen Mining income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization18.6M25.1M27.6M23.8M30.4M31.9M
Interest Expense6.8M7.4M6.2M7.8M132K125.4K
Total Revenue117.0M104.8M136.5M110.4M166.2M174.5M
Gross Profit9.0M(26.9M)(6.5M)(544K)(35.6M)(33.9M)
Other Operating Expenses172.2M164.8M189.7M208.6M328.3M344.7M
Operating Income(55.2M)(153.2M)(64.3M)(95.4M)(162.1M)(154.0M)
Ebit(55.2M)(146.3M)(58.0M)(72.5M)(101.8M)(96.7M)
Ebitda(36.6M)(121.2M)(30.4M)(48.7M)(71.4M)(67.8M)
Cost Of Revenue108.0M131.7M143.0M111.0M201.9M212.0M
Total Operating Expenses64.1M33.0M46.7M97.7M126.4M132.7M
Income Before Tax(63.6M)(153.7M)(64.2M)(80.3M)67.0M70.4M
Total Other Income Expense Net(8.4M)(541K)81K15.1M229.1M240.6M
Net Income(59.7M)(152.3M)(56.9M)(86.1M)55.3M58.1M
Income Tax Expense(3.8M)(1.4M)(7.3M)5.8M33.9M35.6M
Selling General Administrative12.8M9.2M11.4M11.9M15.4M8.9M
Net Income From Continuing Ops(59.7M)(152.3M)(56.9M)(86.1M)(150.1M)(157.6M)
Non Operating Income Net Other7.1M6.9M6.3M22.9M26.4M27.7M
Net Income Applicable To Common Shares(59.7M)(152.3M)(56.7M)(81.1M)(93.2M)(97.9M)
Tax Provision(3.8M)(1.4M)(7.3M)5.8M4.3M4.5M
Interest Income139K7.0M5.7M15.5M36.9M38.8M
Net Interest Income(6.8M)(7.4M)(6.2M)(7.8M)35.7M37.5M
Reconciled Depreciation25.5M23.1M25.5M19.5M31.7M23.3M

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