Heritage Historical Income Statement

HERITGFOOD

433.50 3.35 0.77%

Historical analysis of Heritage Foods income statement accounts such as Total Revenue of 45.8 B or Gross Profit of 4.1 B can show how well Heritage Foods Limited performed in making a profits. Evaluating Heritage Foods income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Heritage Foods's future profits or losses.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Heritage Foods 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 Heritage Foods is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Foods Limited. 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.

About Heritage Income Statement Analysis

Heritage Foods 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 Heritage Foods shareholders. The income statement also shows Heritage 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).

Heritage Foods Income Statement Chart

At this time, Heritage Foods' Other Operating Expenses is most likely to increase significantly in the upcoming years. The Heritage Foods' current EBIT is estimated to increase to about 1.9 B, while Gross Profit is projected to decrease to roughly 4.1 B.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Heritage Foods 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 Heritage Foods Limited minus its cost of goods sold. It is profit before Heritage Foods 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 Heritage Foods. It is also known as Heritage Foods 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.

Operating Income

Operating Income is the amount of profit realized from Heritage Foods operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Heritage Foods Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Heritage Foods' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Heritage Foods 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Foods Limited. 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.

	2022	2023	2024	2025 (projected)
Interest Expense	39.0M	94.6M	85.1M	109.7M
Depreciation And Amortization	560.4M	608.2M	699.4M	356.2M

Interest Expense Depreciation And Amortization

Heritage Foods income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Discontinued Operations	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Research Development
Depreciation And Amortization		-0.08	0.78	0.74	0.78	0.71	0.17	0.31	0.76	0.65	0.34	-0.22	0.27	0.63	0.56	-0.39	0.71	0.15	-0.06	0.29	-0.01	0.45	0.86	0.73
Interest Expense	-0.08		-0.12	0.03	-0.13	0.1	-0.21	-0.22	-0.14	-0.02	-0.26	-0.46	-0.3	0.01	-0.37	0.36	-0.07	-0.34	0.32	0.06	0.26	-0.78	-0.35	-0.57
Total Revenue	0.78	-0.12		0.65	1.0	0.57	0.42	0.56	0.99	0.6	0.5	-0.02	0.43	0.74	0.81	-0.5	0.72	0.31	-0.02	0.3	0.03	0.47	0.82	0.78
Gross Profit	0.74	0.03	0.65		0.64	0.78	0.52	0.6	0.58	0.95	0.44	-0.04	0.36	0.73	0.19	0.05	0.73	0.22	0.25	0.29	0.22	0.3	0.47	0.37
Other Operating Expenses	0.78	-0.13	1.0	0.64		0.54	0.4	0.54	1.0	0.6	0.47	-0.03	0.41	0.71	0.82	-0.52	0.71	0.29	-0.02	0.26	0.04	0.48	0.82	0.78
Operating Income	0.71	0.1	0.57	0.78	0.54		0.6	0.67	0.52	0.55	0.67	0.06	0.6	0.89	0.22	0.02	0.67	0.49	0.17	0.75	-0.02	0.15	0.53	0.37
Ebit	0.17	-0.21	0.42	0.52	0.4	0.6		0.99	0.38	0.39	0.84	0.7	0.83	0.7	0.24	0.01	0.42	0.78	0.35	0.63	-0.11	0.28	0.17	0.26
Ebitda	0.31	-0.22	0.56	0.6	0.54	0.67	0.99		0.52	0.47	0.87	0.64	0.85	0.78	0.36	-0.08	0.52	0.78	0.31	0.65	-0.12	0.35	0.31	0.38
Cost Of Revenue	0.76	-0.14	0.99	0.58	1.0	0.52	0.38	0.52		0.52	0.47	-0.02	0.41	0.7	0.85	-0.55	0.68	0.3	-0.05	0.28	0.01	0.47	0.83	0.8
Total Operating Expenses	0.65	-0.02	0.6	0.95	0.6	0.55	0.39	0.47	0.52		0.25	-0.08	0.19	0.53	0.16	0.04	0.64	0.05	0.24	0.01	0.3	0.33	0.38	0.33
Income Before Tax	0.34	-0.26	0.5	0.44	0.47	0.67	0.84	0.87	0.47	0.25		0.7	0.99	0.79	0.43	-0.27	0.36	0.96	0.06	0.79	-0.55	0.44	0.36	0.46
Total Other Income Expense Net	-0.22	-0.46	-0.02	-0.04	-0.03	0.06	0.7	0.64	-0.02	-0.08	0.7		0.77	0.18	0.16	-0.18	-0.14	0.82	0.1	0.37	-0.59	0.4	-0.12	0.17
Net Income	0.27	-0.3	0.43	0.36	0.41	0.6	0.83	0.85	0.41	0.19	0.99	0.77		0.71	0.41	-0.29	0.28	0.98	0.01	0.76	-0.61	0.46	0.31	0.44
Income Tax Expense	0.63	0.01	0.74	0.73	0.71	0.89	0.7	0.78	0.7	0.53	0.79	0.18	0.71		0.42	-0.09	0.73	0.62	0.23	0.75	-0.1	0.22	0.56	0.45
Selling General Administrative	0.56	-0.37	0.81	0.19	0.82	0.22	0.24	0.36	0.85	0.16	0.43	0.16	0.41	0.42		-0.88	0.37	0.37	-0.34	0.24	-0.25	0.58	0.8	0.87
Selling And Marketing Expenses	-0.39	0.36	-0.5	0.05	-0.52	0.02	0.01	-0.08	-0.55	0.04	-0.27	-0.18	-0.29	-0.09	-0.88		-0.06	-0.28	0.53	-0.12	0.44	-0.56	-0.61	-0.72
Discontinued Operations	0.71	-0.07	0.72	0.73	0.71	0.67	0.42	0.52	0.68	0.64	0.36	-0.14	0.28	0.73	0.37	-0.06		0.16	0.41	0.29	0.29	0.27	0.65	0.5
Net Income From Continuing Ops	0.15	-0.34	0.31	0.22	0.29	0.49	0.78	0.78	0.3	0.05	0.96	0.82	0.98	0.62	0.37	-0.28	0.16		-0.03	0.74	-0.67	0.45	0.24	0.39
Minority Interest	-0.06	0.32	-0.02	0.25	-0.02	0.17	0.35	0.31	-0.05	0.24	0.06	0.1	0.01	0.23	-0.34	0.53	0.41	-0.03		0.05	0.33	-0.42	-0.27	-0.34
Tax Provision	0.29	0.06	0.3	0.29	0.26	0.75	0.63	0.65	0.28	0.01	0.79	0.37	0.76	0.75	0.24	-0.12	0.29	0.74	0.05		-0.35	0.02	0.32	0.21
Interest Income	-0.01	0.26	0.03	0.22	0.04	-0.02	-0.11	-0.12	0.01	0.3	-0.55	-0.59	-0.61	-0.1	-0.25	0.44	0.29	-0.67	0.33	-0.35		-0.39	-0.07	-0.27
Net Interest Income	0.45	-0.78	0.47	0.3	0.48	0.15	0.28	0.35	0.47	0.33	0.44	0.4	0.46	0.22	0.58	-0.56	0.27	0.45	-0.42	0.02	-0.39		0.61	0.82
Reconciled Depreciation	0.86	-0.35	0.82	0.47	0.82	0.53	0.17	0.31	0.83	0.38	0.36	-0.12	0.31	0.56	0.8	-0.61	0.65	0.24	-0.27	0.32	-0.07	0.61		0.92
Research Development	0.73	-0.57	0.78	0.37	0.78	0.37	0.26	0.38	0.8	0.33	0.46	0.17	0.44	0.45	0.87	-0.72	0.5	0.39	-0.34	0.21	-0.27	0.82	0.92

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Heritage Foods Account Relationship Matchups

Heritage Foods income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	460.9M	520.7M	560.4M	608.2M	699.4M	356.2M
Interest Expense	185.6M	35.0M	39.0M	94.6M	85.1M	109.7M
Total Revenue	24.7B	26.8B	32.4B	37.9B	43.6B	45.8B
Gross Profit	6.1B	5.7B	6.2B	4.7B	5.4B	4.1B
Other Operating Expenses	22.4B	25.3B	31.6B	36.4B	41.9B	43.9B
Operating Income	2.3B	1.4B	870.3M	1.5B	1.8B	888.3M
Ebit	2.3B	1.4B	960.0M	1.5B	1.8B	1.9B
Ebitda	2.7B	1.9B	1.5B	2.1B	2.5B	2.6B
Cost Of Revenue	18.6B	21.1B	26.2B	33.3B	38.2B	40.2B
Total Operating Expenses	3.8B	4.3B	5.4B	3.2B	3.7B	3.2B
Income Before Tax	2.0B	1.3B	817.4M	1.5B	1.7B	1.8B
Total Other Income Expense Net	(266.7M)	(145.3M)	(61.3M)	(93.6M)	(84.2M)	(88.4M)
Net Income	1.5B	965.7M	579.8M	1.1B	1.2B	1.3B
Income Tax Expense	534.7M	342.2M	237.7M	385.4M	443.2M	465.3M
Selling General Administrative	179.5M	204.3M	2.2B	3.2B	3.7B	3.8B
Selling And Marketing Expenses	803.1M	937.0M	1.7M	1.9M	1.7M	1.6M
Net Income From Continuing Ops	1.5B	965.2M	579.8M	1.1B	1.2B	1.3B
Net Income Applicable To Common Shares	(1.6B)	1.5B	965.7M	579.8M	521.8M	565.4M
Minority Interest	117.1M	21.5M	4.9M	4.8M	10K	0.0
Tax Provision	534.7M	342.2M	237.7M	385.4M	443.2M	371.8M
Interest Income	2.4B	262.1M	100.4M	124.3M	111.8M	106.2M
Net Interest Income	(191.8M)	(40.1M)	(39.0M)	(90.6M)	(104.2M)	(109.4M)
Reconciled Depreciation	462.3M	521.8M	561.5M	608.2M	699.4M	546.8M

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Heritage Historical Income Statement

About Heritage Income Statement Analysis

Heritage Foods Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Heritage Foods income statement Correlations

Heritage Foods Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Heritage Foods income statement Accounts

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Other Information on Investing in Heritage Stock

COMMON DESTINATIONS

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COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Cost Of Revenue	+ 0.99	Total Revenue
Ebitda	+ 0.99	Ebit
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Net Income

Selling And Marketing Expenses	- 0.88	Selling General Administrative
Net Interest Income	- 0.78	Interest Expense
Research Development	- 0.72	Selling And Marketing Expenses
Interest Income	- 0.67	Net Income From Continuing Ops
Reconciled Depreciation	- 0.61	Selling And Marketing Expenses
Interest Income	- 0.61	Net Income