Ascent Historical Income Statement

AST Stock   0.95  0.05  5.00%   
Historical analysis of Ascent Resources income statement accounts such as Interest Expense of 33.3 K, Selling General Administrative of 2 M or Other Operating Expenses of 2.8 M can show how well Ascent Resources plc performed in making a profits. Evaluating Ascent Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ascent Resources's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ascent Resources plc 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 Ascent Resources plc is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascent Resources plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Ascent Income Statement Analysis

Ascent Resources plc 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 Ascent Resources shareholders. The income statement also shows Ascent 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).

Ascent Resources Income Statement Chart

At present, Ascent Resources' Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.3 M, whereas Interest Expense is forecasted to decline to about 33.3 K.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ascent Resources plc. It is also known as Ascent Resources 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.

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 Ascent Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ascent Resources plc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascent Resources plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Ascent Resources' Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.3 M, whereas Interest Expense is forecasted to decline to about 33.3 K.

Ascent Resources income statement Correlations

0.230.360.5-0.65-0.13-0.080.4-0.17-0.26-0.16-0.370.36-0.030.47-0.31-0.22-0.06-0.250.35
0.23-0.01-0.1-0.290.180.190.120.09-0.690.070.36-0.29-0.16-0.41-0.28-0.220.13-0.84-0.07
0.36-0.010.87-0.680.10.110.860.07-0.150.060.10.530.170.410.21-0.120.170.18-0.05
0.5-0.10.87-0.76-0.1-0.070.91-0.11-0.12-0.110.00.720.230.650.07-0.140.010.210.19
-0.65-0.29-0.68-0.760.080.05-0.680.130.420.13-0.05-0.360.18-0.60.290.46-0.010.33-0.16
-0.130.180.1-0.10.081.00.130.99-0.130.99-0.010.030.37-0.320.14-0.130.99-0.210.02
-0.080.190.11-0.070.051.00.150.99-0.150.99-0.030.040.37-0.290.12-0.150.99-0.230.04
0.40.120.860.91-0.680.130.150.09-0.260.090.210.530.210.30.01-0.050.20.110.29
-0.170.090.07-0.110.130.990.990.09-0.021.0-0.060.030.38-0.30.16-0.110.99-0.140.03
-0.26-0.69-0.15-0.120.42-0.13-0.15-0.26-0.02-0.03-0.350.080.10.090.220.11-0.080.60.02
-0.160.070.06-0.110.130.990.990.091.0-0.03-0.080.040.39-0.280.17-0.090.99-0.120.03
-0.370.360.10.0-0.05-0.01-0.030.21-0.06-0.35-0.08-0.21-0.12-0.27-0.16-0.09-0.07-0.250.14
0.36-0.290.530.72-0.360.030.040.530.030.080.04-0.210.760.70.27-0.240.130.19-0.01
-0.03-0.160.170.230.180.370.370.210.380.10.39-0.120.760.160.48-0.120.40.1-0.16
0.47-0.410.410.65-0.6-0.32-0.290.3-0.30.09-0.28-0.270.70.16-0.02-0.42-0.20.110.08
-0.31-0.280.210.070.290.140.120.010.160.220.17-0.160.270.48-0.020.180.150.33-0.5
-0.22-0.22-0.12-0.140.46-0.13-0.15-0.05-0.110.11-0.09-0.09-0.24-0.12-0.420.18-0.190.610.1
-0.060.130.170.01-0.010.990.990.20.99-0.080.99-0.070.130.4-0.20.15-0.19-0.190.03
-0.25-0.840.180.210.33-0.21-0.230.11-0.140.6-0.12-0.250.190.10.110.330.61-0.190.09
0.35-0.07-0.050.19-0.160.020.040.290.030.020.030.14-0.01-0.160.08-0.50.10.030.09
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Ascent Resources Account Relationship Matchups

Ascent Resources income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization397K328K540K1K1.2K1.1K
Interest Expense35K28K32K39K35.1K33.3K
Selling General Administrative2.3M1.6M1.5M2.0M2.3M2.0M
Other Operating Expenses2.8M1.9M2.5M2.2M2.6M2.8M
Operating Income(2.8M)(1.9M)(1.9M)(812K)(933.8K)(980.5K)
Ebit(2.8M)(1.9M)(41.9M)(812K)(730.8K)(767.3K)
Ebitda(2.4M)(1.6M)(41.3M)(811K)(729.9K)(766.4K)
Total Operating Expenses2.3M1.6M1.5M1.6M1.8M2.1M
Income Before Tax(2.8M)(2.0M)(41.9M)(851K)(765.9K)(804.2K)
Total Other Income Expense Net(35K)(28K)(32K)(39K)(44.9K)(47.1K)
Net Income(2.8M)(2.0M)(41.9M)(851K)(765.9K)(804.2K)
Income Tax Expense24K26K311.5K(166.9K)(150.2K)(142.7K)
Gross Profit(517K)(347K)(463K)785K902.8K947.9K
Cost Of Revenue517K347K1.0M627K564.3K572.5K
Net Income From Continuing Ops(2.8M)(2.0M)(41.9M)(851K)(765.9K)(804.2K)
Net Income Applicable To Common Shares(3.7M)(2.8M)(2.0M)(41.9M)(37.7M)(35.8M)
Net Interest Income(35K)(28K)(32K)(39K)(44.9K)(47.1K)
Reconciled Depreciation397K328K214K1K900.0855.0

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Other Information on Investing in Ascent Stock

Ascent Resources plc 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 Ascent Resources shareholders. The income statement also shows Ascent 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).