Security Historical Income Statement

SNFCA Stock  USD 12.80  0.18  1.43%   
Historical analysis of Security National income statement accounts such as EBIT of 13.4 M, Ebitda of 17.4 M, Total Operating Expenses of 547.5 M or Net Income of 8.3 M can show how well Security National Financial performed in making a profits. Evaluating Security National income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Security National's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Security National 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 Security National 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 Security National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About Security Income Statement Analysis

Security National 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 Security National shareholders. The income statement also shows Security 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).

Security National Income Statement Chart

At present, Security National's Total Operating Expenses is projected to decrease significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 2.7 M, whereas Interest Expense is forecasted to decline to about 3.8 M.

Total Revenue

Total revenue comprises all receipts Security National 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 Security National Financial minus its cost of goods sold. It is profit before Security National 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 Security National. It is also known as Security National 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.
Most accounts from Security National's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Security National 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 Security National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Security National's Total Operating Expenses is projected to decrease significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 2.7 M, whereas Interest Expense is forecasted to decline to about 3.8 M.
 2021 2022 2023 2024 (projected)
Total Revenue470.7M390.3M318.5M174.7M
Interest Expense7.1M7.8M4.9M3.8M

Security National income statement Correlations

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0.610.80.80.730.650.99-0.140.940.810.610.660.94-0.80.1-0.28-0.320.890.130.61-0.62-0.750.670.13
0.70.860.860.790.650.99-0.130.960.820.720.740.95-0.810.11-0.33-0.390.890.170.57-0.6-0.790.720.17
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0.15-0.09-0.09-0.140.170.10.11-0.380.110.050.13-0.040.140.020.32-0.010.00.00.0-0.040.090.040.0
-0.55-0.64-0.64-0.72-0.23-0.28-0.33-0.16-0.32-0.23-0.43-0.65-0.180.10.320.58-0.32-0.110.030.080.12-0.09-0.11
-0.7-0.64-0.64-0.68-0.19-0.32-0.39-0.34-0.38-0.28-0.62-0.76-0.30.18-0.010.58-0.380.230.180.320.1-0.360.23
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0.130.170.170.150.320.130.170.140.170.150.280.050.16-0.130.0-0.110.23-0.010.340.48-0.53-0.121.0
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-0.51-0.65-0.65-0.57-0.46-0.75-0.790.12-0.8-0.65-0.71-0.49-0.80.830.090.120.1-0.62-0.53-0.620.29-0.67-0.53
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0.130.170.170.150.320.130.170.140.170.150.280.050.16-0.130.0-0.110.23-0.011.00.340.48-0.53-0.12
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Security National Account Relationship Matchups

Security National income statement Accounts

201920202021202220232024 (projected)
Interest Expense7.4M8.6M7.1M7.8M4.9M3.8M
Total Revenue283.1M481.5M470.7M390.3M318.5M174.7M
Gross Profit283.1M481.5M470.7M390.3M318.5M174.7M
Other Operating Expenses269.1M410.0M418.9M355.9M318.5M159.6M
Operating Income(11.5M)39.8M9.3M65.0M(27.2K)(25.8K)
Ebit(11.5M)80.0M58.9M41.1M21.1M13.4M
Ebitda707.0K93.9M75.7M52.7M24.1M17.4M
Total Operating Expenses(294.6M)(441.6M)(461.4M)5.7M318.5M547.5M
Net Income10.9M55.6M39.5M25.7M14.5M8.3M
Income Tax Expense3.1M15.9M12.3M8.7M1.8M2.7M
Depreciation And Amortization12.2M13.9M16.8M11.6M2.9M4.6M
Selling General Administrative106.2M139.2M161.0M152.8M122.1M75.3M
Income Before Tax13.9M71.5M51.8M34.4M16.3M13.2M
Total Other Income Expense Net25.5M(265.4M)(251.2M)35.5M16.3M14.7M
Net Income Applicable To Common Shares21.7M10.9M55.6M39.5M45.4M47.7M
Selling And Marketing Expenses4.8M5.4M6.6M5.7M3.7M3.5M
Net Income From Continuing Ops10.9M55.6M39.5M25.7M14.5M23.7M
Tax Provision3.1M15.9M12.3M8.7M1.8M1.7M
Interest Income13.4M13.7M9.4M9.7M9.5M9.8M
Net Interest Income(13.7M)(18.5M)(17.7M)(15.4M)(11.3M)(11.9M)
Reconciled Depreciation12.2M17.3M20.4M17.7M9.2M15.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Security National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Security National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Security National Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Security National Financial Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Security National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Commercial & Residential Mortgage Finance 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 Security National. If investors know Security 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 Security National 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
0.111
Earnings Share
1.2
Revenue Per Share
13.85
Quarterly Revenue Growth
0.023
Return On Assets
0.0129
The market value of Security National is measured differently than its book value, which is the value of Security that is recorded on the company's balance sheet. Investors also form their own opinion of Security National's value that differs from its market value or its book value, called intrinsic value, which is Security National'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 Security National's market value can be influenced by many factors that don't directly affect Security National'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 Security National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Security National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Security National'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.