SAIC Historical Income Statement

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Historical analysis of SAIC income statement accounts such as Selling General Administrative of 36.3 B, Total Revenue of 449.6 B or Operating Income of 13 B can show how well SAIC Motor Corp performed in making a profits. Evaluating SAIC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SAIC's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining SAIC Motor 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 SAIC Motor 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 SAIC Motor 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 SAIC Income Statement Analysis

SAIC Motor 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 SAIC shareholders. The income statement also shows SAIC 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).

SAIC Income Statement Chart

At present, SAIC's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 28.4 B, whereas Selling General Administrative is forecasted to decline to about 36.3 B.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from SAIC Motor Corp 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 SAIC Motor Corp 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on SAIC income statement and is an important metric when analyzing SAIC Motor Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of SAIC Motor Corp minus its cost of goods sold. It is profit before SAIC 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.
Most accounts from SAIC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SAIC Motor 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 SAIC Motor 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 present, SAIC's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 28.4 B, whereas Selling General Administrative is forecasted to decline to about 36.3 B.
 2021 2022 2023 2024 (projected)
Operating Income12.2B12.2B16.5B13.0B
Total Revenue777.6B744.1B744.7B449.6B

SAIC income statement Correlations

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0.840.461.00.740.750.740.480.550.67-0.02-0.030.240.73-0.090.03-0.030.38-0.130.31
0.630.460.410.780.650.750.43-0.180.390.380.380.240.280.150.150.2-0.260.28-0.29
0.831.00.410.710.740.710.470.580.66-0.04-0.050.240.73-0.10.02-0.040.4-0.150.33
0.890.740.780.710.970.790.61-0.010.520.430.520.380.460.220.290.41-0.270.42-0.3
0.910.750.650.740.970.660.660.030.590.460.570.420.520.210.260.42-0.280.45-0.32
0.670.740.750.710.790.660.330.250.340.040.060.190.390.090.350.170.130.050.11
0.730.480.430.470.610.660.33-0.170.670.740.550.40.560.290.150.53-0.320.37-0.45
0.110.55-0.180.58-0.010.030.25-0.170.27-0.72-0.59-0.10.44-0.55-0.26-0.560.88-0.640.88
0.610.670.390.660.520.590.340.670.270.360.380.360.950.060.070.180.090.16-0.01
0.4-0.020.38-0.040.430.460.040.74-0.720.360.860.310.20.670.370.8-0.830.8-0.9
0.33-0.030.38-0.050.520.570.060.55-0.590.380.860.380.230.580.470.8-0.850.94-0.86
0.210.240.240.240.380.420.190.4-0.10.360.310.380.23-0.120.120.19-0.240.25-0.24
0.570.730.280.730.460.520.390.560.440.950.20.230.230.090.10.170.260.080.17
0.15-0.090.15-0.10.220.210.090.29-0.550.060.670.58-0.120.090.590.8-0.620.75-0.67
0.060.030.150.020.290.260.350.15-0.260.070.370.470.120.10.590.72-0.40.6-0.38
0.27-0.030.2-0.040.410.420.170.53-0.560.180.80.80.190.170.80.72-0.730.89-0.75
-0.060.38-0.260.4-0.27-0.280.13-0.320.880.09-0.83-0.85-0.240.26-0.62-0.4-0.73-0.880.98
0.19-0.130.28-0.150.420.450.050.37-0.640.160.80.940.250.080.750.60.89-0.88-0.86
-0.150.31-0.290.33-0.3-0.320.11-0.450.88-0.01-0.9-0.86-0.240.17-0.67-0.38-0.750.98-0.86
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SAIC Account Relationship Matchups

SAIC income statement Accounts

201920202021202220232024 (projected)
Interest Expense2.0B2.2B2.1B2.8B3.0B3.1B
Selling General Administrative67.4B59.9B41.5B42.5B39.8B36.3B
Total Revenue826.5B740.2B777.6B744.1B744.7B449.6B
Operating Income15.9B14.5B12.2B12.2B16.5B13.0B
Cost Of Revenue726.1B649.3B690.5B656.3B654.9B389.1B
Income Before Tax41.0B35.9B41.6B28.1B26.0B28.4B
Net Income Applicable To Common Shares25.6B20.4B24.5B16.1B18.5B16.6B
Net Income25.6B20.4B24.5B16.1B14.1B16.5B
Income Tax Expense5.7B6.7B7.6B5.2B6.0B3.8B
Minority Interest51.1B49.9B(9.4B)(6.7B)(6.0B)(5.7B)
Research Development13.4B13.4B19.8B18.0B18.4B15.3B
Gross Profit100.4B90.9B87.2B87.8B89.8B76.9B
Other Operating Expenses6.6B5.8B1.7B1.7B1.5B1.4B
Net Income From Continuing Ops35.3B29.2B33.9B22.8B20.1B28.5B
Ebit12.5B19.8B17.2B15.6B14.1B19.0B
Total Operating Expenses821.5B725.8B765.5B731.8B728.2B611.2B
Tax Provision5.7B6.7B7.6B5.2B5.9B5.1B
Net Interest Income1.1B1.2B1.3B(265.1M)(617.8M)(586.9M)
Interest Income2.0B2.3B2.4B2.8B2.9B2.3B
Ebitda55.6B51.6B60.6B48.1B43.3B46.3B
Reconciled Depreciation12.6B13.5B16.9B17.3B19.2B15.5B

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Other Information on Investing in SAIC Stock

SAIC Motor 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 SAIC shareholders. The income statement also shows SAIC 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).