AdvanSix Historical Income Statement

ASIX Stock  USD 32.47  0.85  2.69%   
Historical analysis of AdvanSix income statement accounts such as Interest Expense of 7.9 M, Selling General Administrative of 78 M or Total Revenue of 1.7 B can show how well AdvanSix performed in making a profits. Evaluating AdvanSix income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AdvanSix's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining AdvanSix 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 AdvanSix 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 AdvanSix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.

About AdvanSix Income Statement Analysis

AdvanSix 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 AdvanSix shareholders. The income statement also shows AdvanSix 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).

AdvanSix Income Statement Chart

At this time, AdvanSix's Income Tax Expense is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 207.6 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 57.5 M in 2024.

Total Revenue

Total revenue comprises all receipts AdvanSix 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 AdvanSix minus its cost of goods sold. It is profit before AdvanSix 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 AdvanSix. It is also known as AdvanSix 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 AdvanSix's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AdvanSix 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 AdvanSix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.At this time, AdvanSix's Income Tax Expense is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 207.6 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 57.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit274.1M314.5M165.1M210.0M
Total Revenue1.7B1.9B1.5B1.7B

AdvanSix income statement Correlations

0.96-0.090.13-0.07-0.13-0.11-0.460.13-0.220.96-0.19-0.550.02-0.47-0.160.61-0.030.94-0.910.55
0.96-0.010.150.02-0.11-0.09-0.410.14-0.151.0-0.18-0.570.06-0.5-0.210.65-0.040.88-0.880.49
-0.09-0.010.870.990.870.880.010.860.87-0.010.860.460.790.760.720.280.170.080.130.44
0.130.150.870.790.970.970.071.00.710.150.930.140.970.610.640.620.320.190.00.66
-0.070.020.990.790.80.81-0.040.790.860.020.780.490.70.730.690.220.120.110.10.39
-0.13-0.110.870.970.81.00.180.970.75-0.110.980.290.960.740.70.450.34-0.040.230.54
-0.11-0.090.880.970.811.00.160.970.76-0.090.980.30.960.740.70.450.35-0.030.230.54
-0.46-0.410.010.07-0.040.180.160.050.25-0.410.25-0.160.110.280.2-0.11-0.47-0.640.320.01
0.130.140.861.00.790.970.970.050.70.140.940.170.960.630.660.60.340.20.010.67
-0.22-0.150.870.710.860.750.760.250.7-0.150.820.450.640.790.680.080.05-0.140.30.38
0.961.0-0.010.150.02-0.11-0.09-0.410.14-0.15-0.18-0.570.06-0.5-0.210.65-0.040.88-0.880.49
-0.19-0.180.860.930.780.980.980.250.940.82-0.180.340.920.790.720.370.31-0.120.320.53
-0.55-0.570.460.140.490.290.3-0.160.170.45-0.570.340.090.710.61-0.450.13-0.260.57-0.09
0.020.060.790.970.70.960.960.110.960.640.060.920.090.520.520.650.490.050.150.59
-0.47-0.50.760.610.730.740.740.280.630.79-0.50.790.710.520.86-0.2-0.06-0.280.440.23
-0.16-0.210.720.640.690.70.70.20.660.68-0.210.720.610.520.860.11-0.10.040.130.58
0.610.650.280.620.220.450.45-0.110.60.080.650.37-0.450.65-0.20.110.410.52-0.430.75
-0.03-0.040.170.320.120.340.35-0.470.340.05-0.040.310.130.49-0.06-0.10.410.010.370.1
0.940.880.080.190.11-0.04-0.03-0.640.2-0.140.88-0.12-0.260.05-0.280.040.520.01-0.860.55
-0.91-0.880.130.00.10.230.230.320.010.3-0.880.320.570.150.440.13-0.430.37-0.86-0.41
0.550.490.440.660.390.540.540.010.670.380.490.53-0.090.590.230.580.750.10.55-0.41
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AdvanSix Account Relationship Matchups

AdvanSix income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization56.8M60.8M65.3M69.4M73.0M57.5M
Interest Expense6.7M7.8M5.0M2.8M7.5M7.9M
Selling General Administrative75.4M70.9M83.0M87.7M95.5M78.0M
Total Revenue1.3B1.2B1.7B1.9B1.5B1.7B
Gross Profit135.5M133.7M274.1M314.5M165.1M210.0M
Other Operating Expenses1.2B1.1B1.5B1.7B1.5B1.5B
Operating Income60.1M62.8M190.1M228.6M69.6M132.1M
Ebit60.1M62.8M190.1M228.6M76.7M132.8M
Research Development13.9M11.8M14M12.5M9.8M10.4M
Ebitda116.9M123.7M255.5M297.9M149.7M190.3M
Cost Of Revenue1.2B1.0B1.4B1.6B1.4B1.1B
Total Operating Expenses75.4M70.9M83.0M87.7M95.5M78.0M
Income Before Tax53.3M55.0M185.1M225.8M69.2M93.8M
Total Other Income Expense Net(6.7M)(7.8M)(6.0M)(940K)(327K)(343.4K)
Net Income41.3M46.1M139.8M171.9M54.6M96.7M
Income Tax Expense12.0M9.0M45.3M53.9M14.6M23.4M
Net Income Applicable To Common Shares41.3M46.1M139.8M171.9M197.7M207.6M
Tax Provision12.0M9.0M45.3M53.9M14.6M25.5M
Net Income From Continuing Ops41.3M46.1M139.8M171.9M54.6M96.4M
Non Operating Income Net Other(6.7M)(53K)(998K)1.8M1.7M1.7M
Reconciled Depreciation56.8M60.8M65.3M69.4M73.0M67.1M

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Additional Tools for AdvanSix Stock Analysis

When running AdvanSix's price analysis, check to measure AdvanSix'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 AdvanSix is operating at the current time. Most of AdvanSix's value examination focuses on studying past and present price action to predict the probability of AdvanSix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdvanSix's price. Additionally, you may evaluate how the addition of AdvanSix to your portfolios can decrease your overall portfolio volatility.