Vivakor Historical Income Statement
VIVK Stock | USD 1.68 0.10 6.33% |
Historical analysis of Vivakor income statement accounts such as Selling General Administrative of 7.8 M, Other Operating Expenses of 68.9 M, Total Operating Expenses of 11.9 M or Depreciation And Amortization of 4.1 M can show how well Vivakor performed in making a profits. Evaluating Vivakor income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Vivakor's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Vivakor 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 Vivakor is a good buy for the upcoming year.
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About Vivakor Income Statement Analysis
Vivakor 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 Vivakor shareholders. The income statement also shows Vivakor 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).
Vivakor Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Vivakor. It is also known as Vivakor 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Vivakor income statement and is an important metric when analyzing Vivakor profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Vivakor 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.Most accounts from Vivakor's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Vivakor 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 Vivakor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.At this time, Vivakor's Total Revenue is quite stable compared to the past year. Gross Profit is expected to rise to about 1.1 M this year, although the value of EBITDA will most likely fall to (2.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 1.5M | 3.0M | 3.9M | 2.7M | Interest Income | 3.3K | 23.7K | 15.0K | 15.5K |
Vivakor income statement Correlations
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Vivakor Account Relationship Matchups
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High Negative Relationship
Vivakor income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Ebit | (2.3M) | (2.3M) | (7.8M) | (23.2M) | (6.7M) | (6.4M) | |
Interest Expense | 9.3K | 86.2K | 900.6K | 1.5M | 4.0M | 4.2M | |
Income Tax Expense | 589.2K | 467.0K | 1.1M | 4.4M | 92.7K | 88.1K | |
Net Income Applicable To Common Shares | (3.6M) | (2.7M) | (2.4M) | (5.5M) | (5.0M) | (4.7M) | |
Minority Interest | 1.3M | 1.3M | 2.2M | 809.2K | 96.7K | 91.8K |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivakor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Oil & Gas Exploration & Production 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 Vivakor. If investors know Vivakor 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 Vivakor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) | Revenue Per Share 2.619 | Quarterly Revenue Growth 0.191 | Return On Assets (0.07) | Return On Equity (0.59) |
The market value of Vivakor is measured differently than its book value, which is the value of Vivakor that is recorded on the company's balance sheet. Investors also form their own opinion of Vivakor's value that differs from its market value or its book value, called intrinsic value, which is Vivakor'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 Vivakor's market value can be influenced by many factors that don't directly affect Vivakor'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 Vivakor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivakor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivakor'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.