SFL Historical Income Statement

SFL Stock  USD 10.89  0.25  2.35%   
Historical analysis of SFL income statement accounts such as Other Operating Expenses of 280 M, Operating Income of 177.3 M, EBIT of 213.3 M or Ebitda of 297.5 M can show how well SFL Corporation performed in making a profits. Evaluating SFL income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SFL's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining SFL Corporation 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 SFL Corporation is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

About SFL Income Statement Analysis

SFL Corporation 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 SFL shareholders. The income statement also shows SFL 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).

SFL Income Statement Chart

At this time, SFL's Interest Income is quite stable compared to the past year.

Total Revenue

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

Cost Of Revenue

Cost of Revenue is found on SFL Corporation income statement and represents the costs associated with goods and services SFL 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.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from SFL's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SFL Corporation 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, SFL's Interest Income is quite stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit218.3M277.4M236.5M210.2M
Total Revenue513.4M670.4M744.3M486.5M

SFL income statement Correlations

0.860.69-0.210.730.350.140.53-0.54-0.11-0.68-0.22-0.13-0.750.870.81-0.12-0.36-0.5-0.810.86-0.68
0.860.43-0.360.490.18-0.080.28-0.58-0.37-0.65-0.460.11-0.680.660.73-0.38-0.42-0.48-0.870.65-0.65
0.690.430.450.980.750.220.550.06-0.01-0.38-0.12-0.21-0.780.820.7-0.06-0.28-0.39-0.640.9-0.38
-0.21-0.360.450.310.570.230.060.890.23-0.020.19-0.22-0.250.2-0.140.090.010.1-0.020.18-0.02
0.730.490.980.310.670.180.55-0.04-0.07-0.39-0.16-0.22-0.780.830.75-0.09-0.36-0.44-0.660.92-0.39
0.350.180.750.570.670.250.430.240.14-0.07-0.08-0.1-0.540.470.560.04-0.22-0.22-0.330.66-0.07
0.14-0.080.220.230.180.250.860.130.89-0.10.79-0.280.020.160.090.86-0.020.370.090.27-0.1
0.530.280.550.060.550.430.86-0.190.64-0.190.49-0.18-0.290.440.540.65-0.180.07-0.230.64-0.19
-0.54-0.580.060.89-0.040.240.13-0.190.210.090.27-0.250.07-0.11-0.480.110.040.260.24-0.180.09
-0.11-0.37-0.010.23-0.070.140.890.640.210.010.94-0.410.28-0.05-0.170.970.310.480.390.030.01
-0.68-0.65-0.38-0.02-0.39-0.07-0.1-0.190.090.01-0.030.520.58-0.8-0.270.090.210.340.73-0.511.0
-0.22-0.46-0.120.19-0.16-0.080.790.490.270.94-0.03-0.550.44-0.12-0.320.920.360.550.47-0.1-0.03
-0.130.11-0.21-0.22-0.22-0.1-0.28-0.18-0.25-0.410.52-0.55-0.02-0.40.11-0.35-0.07-0.04-0.01-0.190.52
-0.75-0.68-0.78-0.25-0.78-0.540.02-0.290.070.280.580.44-0.02-0.85-0.580.340.410.640.91-0.760.58
0.870.660.820.20.830.470.160.44-0.11-0.05-0.8-0.12-0.4-0.850.6-0.12-0.35-0.47-0.830.86-0.8
0.810.730.7-0.140.750.560.090.54-0.48-0.17-0.27-0.320.11-0.580.6-0.14-0.44-0.46-0.590.86-0.27
-0.12-0.38-0.060.09-0.090.040.860.650.110.970.090.92-0.350.34-0.12-0.140.350.510.450.020.09
-0.36-0.42-0.280.01-0.36-0.22-0.02-0.180.040.310.210.36-0.070.41-0.35-0.440.350.450.45-0.370.21
-0.5-0.48-0.390.1-0.44-0.220.370.070.260.480.340.55-0.040.64-0.47-0.460.510.450.61-0.360.34
-0.81-0.87-0.64-0.02-0.66-0.330.09-0.230.240.390.730.47-0.010.91-0.83-0.590.450.450.61-0.70.73
0.860.650.90.180.920.660.270.64-0.180.03-0.51-0.1-0.19-0.760.860.860.02-0.37-0.36-0.7-0.51
-0.68-0.65-0.38-0.02-0.39-0.07-0.1-0.190.090.011.0-0.030.520.58-0.8-0.270.090.210.340.73-0.51
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SFL Account Relationship Matchups

SFL income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization116.4M111.3M138.3M187.8M214.1M224.8M
Interest Expense137.0M126.4M90.4M110.1M164.9M173.2M
Total Revenue458.8M471.0M513.4M670.4M744.3M486.5M
Gross Profit208.0M204.1M218.3M277.4M236.5M210.2M
Other Operating Expenses261.0M278.3M308.0M408.1M504.1M280.0M
Operating Income226.9M201.4M242.8M275.5M240.2M177.3M
Ebit240.3M(93.3M)205.4M320.1M228.9M213.3M
Ebitda356.6M18.0M343.7M507.9M443.0M297.5M
Total Operating Expenses10.2M11.4M13.0M15.2M15.1M14.4M
Income Before Tax89.2M(224.4M)164.3M202.8M87.3M121.5M
Net Income(56.8M)(346.1M)76.5M130.1M83.9M99.6M
Income Tax Expense145.9M121.6M87.9M72.7M3.3M3.2M
Total Other Income Expense Net(137.7M)(86.3M)(78.5M)(72.7M)(152.9M)(145.3M)
Cost Of Revenue250.8M266.9M295.1M393.0M507.8M533.2M
Selling General Administrative10.2M11.4M13.0M15.2M15.6M10.1M
Net Income Applicable To Common Shares89.2M(224.4M)164.3M202.8M182.5M111.3M
Net Income From Continuing Ops89.2M(224.4M)164.3M202.8M101.0M80.7M
Interest Income30.0M13.4M7.5M64.4M17.4M26.1M
Net Interest Income(125.0M)(113.0M)(82.9M)(85.4M)(150.2M)(157.7M)
Reconciled Depreciation116.4M111.3M151.7M198.3M214.1M154.6M

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When determining whether SFL Corporation is a strong investment it is important to analyze SFL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SFL's future performance. For an informed investment choice regarding SFL Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Oil & Gas Storage & Transportation 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 SFL. If investors know SFL 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 SFL 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
0.45
Dividend Share
1.07
Earnings Share
1
Revenue Per Share
6.881
Quarterly Revenue Growth
0.246
The market value of SFL Corporation is measured differently than its book value, which is the value of SFL that is recorded on the company's balance sheet. Investors also form their own opinion of SFL's value that differs from its market value or its book value, called intrinsic value, which is SFL'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 SFL's market value can be influenced by many factors that don't directly affect SFL'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 SFL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SFL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SFL'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.