Solstad Historical Income Statement
| 0G2Z Stock | 39.22 0.28 0.71% |
Historical analysis of Solstad Offshore income statement accounts such as Interest Expense of 0.0, Selling General Administrative of 1.9 B or Total Revenue of 4.7 B can show how well Solstad Offshore ASA performed in making a profits. Evaluating Solstad Offshore income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Solstad Offshore's future profits or losses.
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About Solstad Income Statement Analysis
Solstad Offshore ASA 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 Solstad Offshore shareholders. The income statement also shows Solstad 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).
Solstad Offshore Income Statement Chart
Total Revenue
Total revenue comprises all receipts Solstad Offshore ASA 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 Solstad Offshore ASA minus its cost of goods sold. It is profit before Solstad 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Solstad Offshore ASA financial statement analysis. It represents the amount of money remaining after all of Solstad Offshore ASA operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Solstad Offshore ASA. It is also known as Solstad 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.Most accounts from Solstad Offshore's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Solstad Offshore ASA 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 Solstad Offshore ASA. 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, Solstad Offshore's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 8.7 B in 2024, whereas Interest Income is likely to drop slightly above 1.3 B in 2024.
| 2019 | 2023 | 2024 (projected) | Gross Profit | 5.2B | 6.0B | 4.5B | Total Revenue | 5.2B | 5.8B | 4.7B |
Solstad Offshore income statement Correlations
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Solstad Offshore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Solstad Offshore income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 14.8M | 45.9M | 158.5M | (3.5M) | (4.0M) | (3.8M) | |
| Interest Income | 90.2M | 1.9B | 1.7B | 1.9B | 2.1B | 1.3B | |
| Selling General Administrative | 2.0B | 481.8M | 2.5B | 2.5B | 2.9B | 1.9B | |
| Total Revenue | 3.8B | 4.9B | 5.2B | 5.0B | 5.8B | 4.7B | |
| Operating Income | 694.4M | (4.0B) | (1.2B) | (2.5B) | (2.2B) | (2.3B) | |
| Income Before Tax | (330.3M) | (5.8B) | (3.0B) | 7.3B | 8.3B | 8.8B | |
| Net Income Applicable To Common Shares | (3.1B) | 7.2B | (1.1B) | (1.1B) | (1.3B) | (1.3B) | |
| Net Income | (313.8M) | (5.9B) | (3.1B) | 7.2B | 8.3B | 8.7B | |
| Other Operating Expenses | 1.4B | 1.2B | 1.3B | 1.2B | 1.4B | 1.3B | |
| Ebit | (172.7M) | (326.5M) | 137.4M | 574.3M | 660.4M | 693.4M | |
| Income Tax Expense | 158.5M | (3.5M) | 25.7M | 104.7M | 120.4M | 63.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Solstad Stock Analysis
When running Solstad Offshore's price analysis, check to measure Solstad Offshore's 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 Solstad Offshore is operating at the current time. Most of Solstad Offshore's value examination focuses on studying past and present price action to predict the probability of Solstad Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solstad Offshore's price. Additionally, you may evaluate how the addition of Solstad Offshore to your portfolios can decrease your overall portfolio volatility.