Choice Historical Income Statement

CHOICEIN   550.45  14.20  2.65%   
Historical analysis of Choice International income statement accounts such as Selling General Administrative of 2.4 B, Total Revenue of 7.9 B or Gross Profit of 4.5 B can show how well Choice International Limited performed in making a profits. Evaluating Choice International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Choice International's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Choice International 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 Choice International 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 Choice International 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 main economic indicators.

About Choice Income Statement Analysis

Choice International 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 Choice International shareholders. The income statement also shows Choice 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).

Choice International Income Statement Chart

As of now, Choice International's Other Operating Expenses is increasing as compared to previous years. The Choice International's current Operating Income is estimated to increase to about 2.2 B, while Depreciation And Amortization is projected to decrease to under 62.7 M.

Total Revenue

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

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.

Cost Of Revenue

Cost of Revenue is found on Choice International income statement and represents the costs associated with goods and services Choice International 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.
Most accounts from Choice International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Choice International 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 Choice International 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 main economic indicators.
As of now, Choice International's Other Operating Expenses is increasing as compared to previous years. The Choice International's current Operating Income is estimated to increase to about 2.2 B, while Depreciation And Amortization is projected to decrease to under 62.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B2.8B4.3B4.5B
Total Revenue2.6B3.9B7.5B7.9B

Choice International income statement Correlations

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0.120.990.990.980.990.590.980.980.980.980.98-0.610.90.960.930.750.97-0.880.970.980.87
0.080.951.00.980.980.620.980.970.980.970.98-0.560.940.980.980.720.97-0.870.930.970.85
0.090.960.990.990.980.620.990.980.990.990.99-0.610.910.970.940.770.98-0.860.940.980.85
-0.720.540.640.590.620.620.640.710.650.650.66-0.340.550.680.690.160.71-0.770.550.690.6
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0.00.960.980.980.970.980.690.990.981.01.01.0-0.540.870.970.940.741.0-0.870.940.87
0.00.890.860.870.850.850.60.850.880.860.860.86-0.50.770.860.80.640.87-0.890.890.87
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Choice International Account Relationship Matchups

Choice International income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization968.7M1.2B2.0B2.8B66.0M62.7M
Selling General Administrative103.5M269.8M526.9M1.8B2.3B2.4B
Total Revenue1.2B1.7B2.6B3.9B7.5B7.9B
Gross Profit542.4M943.7M1.4B2.8B4.3B4.5B
Other Operating Expenses873.9M1.1B2.0B2.9B5.3B5.6B
Operating Income332.4M534.8M748.3M1.0B2.1B2.2B
Ebit(576.7M)(732.5M)(1.0B)(1.8B)2.2B2.4B
Ebitda392.0M422.2M935.5M1.1B2.3B2.4B
Total Operating Expenses210.1M408.9M766.7M1.8B4.3B4.5B
Income Before Tax182.0M228.2M736.4M819.5M1.8B1.9B
Net Income124.3M167.1M535.8M600.7M1.3B1.4B
Income Tax Expense57.7M61.1M200.3M218.8M499.4M524.3M
Total Other Income Expense Net(107.1M)(312.9M)(51.1M)(230.9M)(330.0M)(313.5M)
Interest Expense161.7M141.3M141.9M219.2M403.7M423.9M
Selling And Marketing Expenses15.8M8.3M46.1M60.1M164.7M172.9M
Cost Of Revenue663.8M735.9M1.2B1.1B3.2B3.3B
Research Development0.140.150.260.210.240.18

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Other Information on Investing in Choice Stock

Choice International 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 Choice International shareholders. The income statement also shows Choice 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).