Universal Historical Income Statement

601231 Stock   16.45  0.52  3.26%   
Historical analysis of Universal Scientific income statement accounts such as Selling General Administrative of 718.4 M, Total Revenue of 32.9 B or Operating Income of 1.3 B can show how well Universal Scientific Industrial performed in making a profits. Evaluating Universal Scientific income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Universal Scientific's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Universal Scientific 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 Universal Scientific 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 Universal Scientific Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Universal Income Statement Analysis

Universal Scientific 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 Universal Scientific shareholders. The income statement also shows Universal 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).

Universal Scientific Income Statement Chart

At present, Universal Scientific's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 718.4 M, whereas Total Revenue is forecasted to decline to about 32.9 B.

Operating Income

Operating Income is the amount of profit realized from Universal Scientific 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 Universal Scientific Industrial 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.

Cost Of Revenue

Cost of Revenue is found on Universal Scientific income statement and represents the costs associated with goods and services Universal Scientific provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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 Universal Scientific's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Universal Scientific 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 Universal Scientific Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Universal Scientific's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 718.4 M, whereas Total Revenue is forecasted to decline to about 32.9 B.
 2021 2022 2023 2024 (projected)
Operating Income2.2B3.4B2.5B1.3B
Total Revenue55.3B68.5B60.8B32.9B

Universal Scientific income statement Correlations

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-0.110.961.00.950.950.770.980.960.570.930.750.940.78-0.020.73-0.820.530.770.87
-0.190.960.960.990.990.780.940.960.590.960.750.930.74-0.110.82-0.770.490.780.83
-0.111.00.960.940.950.770.980.960.570.920.750.940.78-0.020.72-0.820.540.770.86
-0.20.950.990.941.00.760.920.940.520.960.710.90.76-0.050.84-0.730.440.730.78
-0.180.950.990.951.00.750.930.940.520.960.710.90.76-0.050.83-0.740.450.740.79
-0.390.770.780.770.760.750.830.850.520.810.980.820.68-0.210.68-0.830.880.770.83
-0.150.980.940.980.920.930.830.970.540.930.810.940.750.010.72-0.850.630.740.85
-0.130.960.960.960.940.940.850.970.610.980.850.980.75-0.110.82-0.890.630.80.9
0.230.570.590.570.520.520.520.540.610.560.550.630.32-0.740.53-0.620.440.590.61
-0.170.930.960.920.960.960.810.930.980.560.810.950.74-0.110.9-0.820.560.780.84
-0.310.750.750.750.710.710.980.810.850.550.810.840.61-0.240.68-0.870.920.820.87
-0.040.940.930.940.90.90.820.940.980.630.950.840.72-0.120.79-0.920.660.840.95
-0.210.780.740.780.760.760.680.750.750.320.740.610.720.180.51-0.650.480.570.68
-0.2-0.02-0.11-0.02-0.05-0.05-0.210.01-0.11-0.74-0.11-0.24-0.120.18-0.340.17-0.21-0.24-0.19
-0.090.730.820.720.840.830.680.720.820.530.90.680.790.51-0.34-0.670.390.650.69
-0.09-0.82-0.77-0.82-0.73-0.74-0.83-0.85-0.89-0.62-0.82-0.87-0.92-0.650.17-0.67-0.77-0.72-0.95
-0.270.530.490.540.440.450.880.630.630.440.560.920.660.48-0.210.39-0.770.710.76
-0.270.770.780.770.730.740.770.740.80.590.780.820.840.57-0.240.65-0.720.710.87
-0.050.870.830.860.780.790.830.850.90.610.840.870.950.68-0.190.69-0.950.760.87
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Universal Scientific Account Relationship Matchups

Universal Scientific income statement Accounts

201920202021202220232024 (projected)
Interest Expense80.8M90.2M201.3M235.0M400.2M420.2M
Selling General Administrative541.7M1.4B1.6B602.4M398.1M718.4M
Total Revenue37.2B47.7B55.3B68.5B60.8B32.9B
Operating Income1.2B2.0B2.2B3.4B2.5B1.3B
Cost Of Revenue33.5B42.7B49.8B61.3B54.9B29.4B
Income Before Tax1.4B2.0B2.1B3.5B2.2B1.4B
Net Income Applicable To Common Shares1.3B1.7B1.9B3.1B3.5B3.7B
Net Income1.3B1.7B1.9B3.1B1.9B1.2B
Income Tax Expense172.7M240.0M282.2M417.2M479.8M503.8M
Research Development1.4B1.6B1.6B2.0B1.8B1.5B
Gross Profit3.7B5.0B5.5B7.2B5.9B4.8B
Other Operating Expenses40.8M13.4M61.7M49.8M57.3M42.8M
Net Income From Continuing Ops1.3B1.7B1.9B3.1B1.9B1.7B
Ebit1.3B1.9B2.1B3.5B4.0B4.2B
Total Operating Expenses36.0B45.7B53.1B65.1B58.3B45.0B
Minority Interest31.2M(978.4K)1.3M(22.7K)(1.9M)(1.8M)
Tax Provision172.7M240.0M282.2M417.2M240.0M277.3M
Net Interest Income(35.6M)(95.8M)(203.4M)(155.2M)(180.0M)(171.0M)
Interest Income48.3M60.4M67.8M88.0M236.5M248.4M
Ebitda2.0B2.6B2.3B4.7B5.4B2.8B
Reconciled Depreciation515.7M596.3M972.8M994.2M1.1B791.2M

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Other Information on Investing in Universal Stock

Universal Scientific 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 Universal Scientific shareholders. The income statement also shows Universal 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).