WTI Historical Income Statement
| WTI Stock | USD 1.94 0.03 1.57% |
Historical analysis of WT Offshore income statement accounts such as Interest Expense of 46.4 M, Total Revenue of 690.9 M, Gross Profit of 349.5 M or Other Operating Expenses of 579 M can show how well WT Offshore performed in making a profits. Evaluating WT Offshore income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of WT Offshore's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining WT Offshore 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 WT Offshore is a good buy for the upcoming year.
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About WTI Income Statement Analysis
WT Offshore 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 WT Offshore shareholders. The income statement also shows WTI 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).
WT Offshore Income Statement Chart
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Total Revenue
Total revenue comprises all receipts WT Offshore 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 WT Offshore minus its cost of goods sold. It is profit before WT Offshore 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 WT Offshore. It is also known as WT Offshore 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.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from WT Offshore's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into WT Offshore 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.As of now, WT Offshore's Other Operating Expenses is decreasing as compared to previous years. The WT Offshore's current Operating Income is estimated to increase to about 32 M, while Cost Of Revenue is projected to decrease to under 210.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 416.6M | 527.8M | 248.7M | 349.5M | Total Revenue | 558.0M | 921.0M | 532.7M | 690.9M |
WT Offshore income statement Correlations
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WT Offshore Account Relationship Matchups
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WT Offshore income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 59.6M | 61.5M | 70.0M | 69.4M | 44.7M | 46.4M | |
| Total Revenue | 534.9M | 346.6M | 558.0M | 921.0M | 532.7M | 690.9M | |
| Gross Profit | 357.9M | 205.4M | 416.6M | 527.8M | 248.7M | 349.5M | |
| Other Operating Expenses | 416.4M | 345.8M | 368.3M | 466.9M | 503.2M | 579.0M | |
| Operating Income | 118.3M | (2.2M) | 189.7M | 454.1M | 29.5M | 32.0M | |
| Ebit | 118.3M | 24.6M | 187.6M | 454.1M | 78.6M | 120.3M | |
| Ebitda | 266.8M | 144.9M | 301.0M | 587.7M | 222.3M | 388.1M | |
| Cost Of Revenue | 177.0M | 141.2M | 141.4M | 393.2M | 283.9M | 210.4M | |
| Total Operating Expenses | 239.4M | 204.6M | 227.0M | 298.2M | 219.2M | 276.4M | |
| Income Before Tax | (1.1M) | 7.6M | (49.5M) | 284.8M | 33.9M | 35.6M | |
| Total Other Income Expense Net | (119.5M) | 6.8M | (239.2M) | (169.3M) | 4.4M | 4.7M | |
| Net Income | 74.1M | 37.8M | (41.5M) | 231.1M | 15.6M | 16.4M | |
| Depreciation And Amortization | 148.5M | 120.3M | 113.4M | 133.6M | 143.7M | 212.4M | |
| Selling General Administrative | 239.4M | 204.6M | 227.0M | 73.7M | 77.7M | 73.9M | |
| Net Income Applicable To Common Shares | 74.1M | 37.8M | (41.5M) | 231.1M | 208.0M | 218.4M | |
| Income Tax Expense | (75.2M) | (30.2M) | (8.1M) | 53.7M | 18.3M | 19.3M | |
| Net Income From Continuing Ops | 74.1M | 37.8M | (41.5M) | 231.1M | 59.5M | 62.5M | |
| Non Operating Income Net Other | (188K) | 44.5M | (169.1M) | (99.8M) | (89.8M) | (85.4M) | |
| Tax Provision | (75.2M) | (30.2M) | (8.1M) | 53.7M | 23.3M | 24.4M | |
| Interest Income | 59.6M | 61.5M | 245.4M | 155.0M | 178.2M | 110.8M | |
| Net Interest Income | (59.6M) | (61.5M) | (70.0M) | (69.4M) | (49.5M) | (52.0M) | |
| Reconciled Depreciation | 148.5M | 120.3M | 113.4M | 133.6M | 136.9M | 109.5M |
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When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore'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 Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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 WT Offshore. If investors know WTI 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 WT Offshore 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 (0.98) | Dividend Share 0.04 | Earnings Share (0.43) | Revenue Per Share 3.657 | Quarterly Revenue Growth (0.15) |
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore'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 WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore'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 WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore'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.