Eco Historical Income Statement

ECO Stock   11.25  0.13  1.14%   
Historical analysis of Eco Oil income statement accounts such as Gross Profit of 10.6 K or Other Operating Expenses of 376 K can show how well Eco Oil Gas performed in making a profits. Evaluating Eco Oil income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Eco Oil's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Eco Oil Gas 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 Eco Oil Gas is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eco Oil Gas. 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 Eco Income Statement Analysis

Eco Oil Gas 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 Eco Oil shareholders. The income statement also shows Eco 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).

Eco Oil Income Statement Chart

At present, Eco Oil's Income Tax Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling And Marketing Expenses is expected to grow to 3,731, whereas Gross Profit is forecasted to decline to about 10.6 K.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Eco Oil Gas. It is also known as Eco Oil 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 Eco Oil's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Eco Oil Gas 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eco Oil Gas. 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, Eco Oil's Income Tax Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling And Marketing Expenses is expected to grow to 3,731, whereas Gross Profit is forecasted to decline to about 10.6 K.

Eco Oil income statement Correlations

-0.9-0.160.21-0.45-0.28-0.12-0.290.45-0.54-0.620.22-0.7-0.02-0.620.340.62-0.61-0.94-0.88-0.87-0.7
-0.90.18-0.050.170.14-0.030.33-0.170.520.34-0.260.930.020.34-0.4-0.490.340.80.730.970.56
-0.160.180.050.060.260.220.49-0.060.080.08-0.010.180.120.08-0.03-0.160.080.160.130.190.12
0.21-0.050.05-0.33-0.95-0.890.00.3-0.01-0.32-0.390.06-0.08-0.32-0.170.12-0.32-0.27-0.17-0.11-0.26
-0.450.170.06-0.330.340.410.11-1.0-0.030.940.19-0.02-0.010.930.29-0.570.940.670.470.330.71
-0.280.140.26-0.950.340.930.23-0.320.050.340.370.030.110.340.14-0.20.340.330.220.190.31
-0.12-0.030.22-0.890.410.930.17-0.39-0.320.280.23-0.150.090.270.5-0.050.280.170.210.070.11
-0.290.330.490.00.110.230.17-0.110.140.150.010.31-0.080.15-0.07-0.290.150.280.230.340.22
0.45-0.17-0.060.3-1.0-0.32-0.39-0.110.03-0.94-0.180.010.01-0.93-0.290.57-0.94-0.67-0.47-0.33-0.71
-0.540.520.08-0.01-0.030.05-0.320.140.030.320.290.520.010.33-0.96-0.50.320.560.140.420.65
-0.620.340.08-0.320.940.340.280.15-0.940.320.280.160.01.0-0.05-0.721.00.830.50.460.89
0.22-0.26-0.01-0.390.190.370.230.01-0.180.290.28-0.14-0.210.28-0.24-0.30.280.02-0.5-0.170.38
-0.70.930.180.06-0.020.03-0.150.310.010.520.16-0.140.00.17-0.47-0.390.160.630.450.920.48
-0.020.020.12-0.08-0.010.110.09-0.080.010.010.0-0.210.00.0-0.010.450.00.010.020.020.01
-0.620.340.08-0.320.930.340.270.15-0.930.331.00.280.170.0-0.07-0.721.00.830.50.460.9
0.34-0.4-0.03-0.170.290.140.5-0.07-0.29-0.96-0.05-0.24-0.47-0.01-0.070.32-0.06-0.310.06-0.27-0.43
0.62-0.49-0.160.12-0.57-0.2-0.05-0.290.57-0.5-0.72-0.3-0.390.45-0.720.32-0.72-0.74-0.42-0.54-0.78
-0.610.340.08-0.320.940.340.280.15-0.940.321.00.280.160.01.0-0.06-0.720.820.50.460.89
-0.940.80.16-0.270.670.330.170.28-0.670.560.830.020.630.010.83-0.31-0.740.820.760.840.89
-0.880.730.13-0.170.470.220.210.23-0.470.140.5-0.50.450.020.50.06-0.420.50.760.70.4
-0.870.970.19-0.110.330.190.070.34-0.330.420.46-0.170.920.020.46-0.27-0.540.460.840.70.64
-0.70.560.12-0.260.710.310.110.22-0.710.650.890.380.480.010.9-0.43-0.780.890.890.40.64
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Eco Oil Account Relationship Matchups

Eco Oil income statement Accounts

202020212022202320242025 (projected)
Other Operating Expenses3.7M3.9M38.4M4.8M395.8K376.0K
Ebit(3.7M)(3.8M)(39.0M)(4.8M)(228.1K)(239.5K)
Ebitda(3.6M)(5.1M)(40.8M)12.0M(227.6K)(239.0K)
Income Tax Expense(46.4K)2.7M(640.2K)(536.7K)332.6K349.2K
Depreciation And Amortization24.2K(1.3M)(1.8M)16.8M455.93433.13
Net Income Applicable To Common Shares4.2M(26.7M)(3.6M)(6.6M)(5.9M)(6.2M)

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Other Information on Investing in Eco Stock

Eco Oil Gas 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 Eco Oil shareholders. The income statement also shows Eco 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).