CNX Historical Income Statement

CNX Stock  USD 41.09  0.45  1.11%   
Historical analysis of CNX Resources income statement accounts such as Interest Expense of 165.5 M, Selling General Administrative of 142.4 M or Total Revenue of 2.3 B can show how well CNX Resources Corp performed in making a profits. Evaluating CNX Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CNX Resources's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining CNX Resources Corp 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 CNX Resources Corp 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 CNX Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About CNX Income Statement Analysis

CNX Resources Corp 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 CNX Resources shareholders. The income statement also shows CNX 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).

CNX Resources Income Statement Chart

At this time, CNX Resources' Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 527.3 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 387.2 M in 2024.

Total Revenue

Total revenue comprises all receipts CNX Resources Corp 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 CNX Resources Corp minus its cost of goods sold. It is profit before CNX Resources 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 CNX Resources Corp. It is also known as CNX 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.
Most accounts from CNX Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CNX Resources Corp 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 CNX Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, CNX Resources' Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 527.3 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 387.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense151.2M127.7M143.3M165.5M
Depreciation And Amortization515.1M461.2M433.6M387.2M

CNX Resources income statement Correlations

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0.150.290.260.440.41-0.150.030.070.010.91-0.130.08-0.25-0.02-0.37-0.11-0.23-0.010.42-0.35-0.04-0.2-0.39-0.29
0.530.580.260.670.860.460.010.140.830.380.03-0.20.050.06-0.37-0.280.02-0.280.010.58-0.09-0.05-0.36-0.4
0.360.140.440.670.340.74-0.17-0.080.150.51-0.16-0.54-0.21-0.12-0.07-0.18-0.170.0-0.130.02-0.20.150.04-0.19
0.480.820.410.860.34-0.040.070.190.90.550.040.130.060.08-0.64-0.210.01-0.410.290.58-0.07-0.33-0.71-0.57
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-0.22-0.090.030.01-0.170.07-0.020.970.1-0.10.960.810.870.970.36-0.140.910.03-0.160.010.950.470.250.14
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-0.05-0.12-0.130.03-0.160.040.040.960.970.12-0.210.780.960.950.42-0.050.980.08-0.230.090.930.570.320.14
-0.140.140.08-0.2-0.540.13-0.560.810.790.110.020.780.750.750.010.10.75-0.10.190.020.760.11-0.13-0.09
0.06-0.07-0.250.05-0.210.060.030.870.910.18-0.280.960.750.860.350.040.950.06-0.180.240.850.530.290.09
-0.15-0.09-0.020.06-0.120.080.030.970.960.13-0.140.950.750.860.44-0.270.920.07-0.270.020.980.590.260.17
-0.18-0.78-0.37-0.37-0.07-0.640.390.360.33-0.47-0.60.420.010.350.44-0.280.40.59-0.68-0.360.510.80.870.82
-0.07-0.15-0.11-0.28-0.18-0.21-0.2-0.14-0.17-0.23-0.02-0.050.10.04-0.27-0.280.02-0.20.36-0.19-0.25-0.240.09-0.21
-0.07-0.09-0.230.02-0.170.010.060.910.920.11-0.260.980.750.950.920.40.020.0-0.270.140.890.530.310.12
0.33-0.49-0.01-0.280.0-0.410.090.030.12-0.4-0.220.08-0.10.060.070.59-0.20.0-0.48-0.220.130.60.450.42
-0.020.270.420.01-0.130.29-0.35-0.16-0.170.140.42-0.230.19-0.18-0.27-0.680.36-0.27-0.48-0.05-0.23-0.56-0.47-0.52
0.440.63-0.350.580.020.580.090.010.120.77-0.120.090.020.240.02-0.36-0.190.14-0.22-0.05-0.09-0.22-0.43-0.36
-0.22-0.2-0.04-0.09-0.2-0.07-0.010.950.92-0.02-0.190.930.760.850.980.51-0.250.890.13-0.23-0.090.630.330.23
0.13-0.55-0.2-0.050.15-0.330.430.470.52-0.23-0.380.570.110.530.590.8-0.240.530.6-0.56-0.220.630.690.41
-0.26-0.93-0.39-0.360.04-0.710.540.250.19-0.53-0.610.32-0.130.290.260.870.090.310.45-0.47-0.430.330.690.68
-0.3-0.66-0.29-0.4-0.19-0.570.220.140.07-0.43-0.520.14-0.090.090.170.82-0.210.120.42-0.52-0.360.230.410.68
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CNX Resources Account Relationship Matchups

CNX Resources income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K501.8M515.1M461.2M433.6M387.2M
Interest Expense151.4M170.8M151.2M127.7M143.3M165.5M
Selling General Administrative143.6M109.4M112.8M121.7M125.3M142.4M
Total Revenue1.5B1.1B2.4B3.9B1.5B2.3B
Gross Profit523.9M132.0M1.4B2.8B516.1M490.3M
Other Operating Expenses1.3B1.2B1.2B1.3B1.2B2.0B
Operating Income253.8M(101.4M)1.1B2.6B311.2M472.7M
Ebit762.1M(420.0M)(485.4M)(84.3M)2.4B2.5B
Ebitda762.3M81.8M29.8M377.0M2.8B2.9B
Cost Of Revenue1.0B953.0M1.0B1.1B987.2M1.5B
Total Operating Expenses267.2M209.8M202.0M193.8M204.9M194.7M
Income Before Tax59.7M(602.8M)(636.5M)(211.9M)2.2B2.3B
Total Other Income Expense Net(194.2M)(685.3M)(1.8B)(2.8B)1.9B2.0B
Net Income31.9M(428.7M)(498.6M)(142.1M)1.7B1.8B
Income Tax Expense27.7M(174.1M)(137.9M)(69.9M)502.2M527.3M
Net Income Applicable To Common Shares(80.7M)(483.8M)(498.6M)(142.1M)(127.9M)(121.5M)
Net Income From Continuing Ops31.9M(428.7M)(498.6M)(142.1M)1.7B1.8B
Non Recurring185.9M(18.7M)327.4M534.9M615.1M645.9M
Non Operating Income Net Other25.1M7.7M(7.3M)(23.8M)(21.4M)(20.4M)
Tax Provision27.7M(174.1M)(137.9M)(69.9M)502.2M527.3M
Interest Income224.7M2.2M1.8B2.8B3.2B3.4B
Net Interest Income(151.4M)(170.8M)(151.2M)(127.7M)(143.3M)(150.4M)
Reconciled Depreciation508.5M501.8M515.1M461.2M433.6M522.6M

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When running CNX Resources' price analysis, check to measure CNX Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNX Resources is operating at the current time. Most of CNX Resources' value examination focuses on studying past and present price action to predict the probability of CNX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNX Resources' price. Additionally, you may evaluate how the addition of CNX Resources to your portfolios can decrease your overall portfolio volatility.