StealthGas Historical Income Statement

GASS Stock  USD 5.42  0.05  0.91%   
Historical analysis of StealthGas income statement accounts such as Selling General Administrative of 9.3 M or Total Revenue of 130.3 M can show how well StealthGas performed in making a profits. Evaluating StealthGas income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of StealthGas's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining StealthGas 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 StealthGas is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in StealthGas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.

About StealthGas Income Statement Analysis

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

StealthGas Income Statement Chart

At this time, StealthGas' Income Tax Expense is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 32.4 M in 2024, whereas Total Revenue is likely to drop slightly above 130.3 M in 2024.

Total Revenue

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

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on StealthGas income statement and is an important metric when analyzing StealthGas 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in StealthGas financial statement analysis. It represents the amount of money remaining after all of StealthGas operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from StealthGas' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into StealthGas 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in StealthGas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.At this time, StealthGas' Income Tax Expense is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 32.4 M in 2024, whereas Total Revenue is likely to drop slightly above 130.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit61.2M72.7M50.9M67.5M
Total Revenue150.2M152.8M143.5M130.3M

StealthGas income statement Correlations

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0.810.710.770.660.770.170.030.440.740.58-0.3-0.54-0.280.0-0.440.1-0.73-0.620.16-0.01
0.880.710.950.80.910.410.160.550.930.57-0.05-0.36-0.040.32-0.250.12-0.52-0.05-0.170.28
0.910.770.950.890.90.530.20.620.940.6-0.03-0.39-0.020.29-0.250.14-0.57-0.14-0.140.2
0.880.660.80.890.730.610.330.710.680.540.08-0.30.080.17-0.150.14-0.31-0.190.03-0.04
0.920.770.910.90.730.15-0.190.270.90.81-0.39-0.67-0.380.39-0.570.21-0.62-0.250.070.2
0.260.170.410.530.610.150.740.810.39-0.160.680.350.70.090.51-0.09-0.010.3-0.510.28
0.00.030.160.20.33-0.190.740.810.06-0.570.890.740.9-0.180.81-0.270.150.3-0.510.11
0.490.440.550.620.710.270.810.810.46-0.030.540.270.54-0.120.370.0-0.07-0.04-0.22-0.07
0.790.740.930.940.680.90.390.060.460.55-0.11-0.4-0.10.34-0.280.13-0.69-0.07-0.250.36
0.780.580.570.60.540.81-0.16-0.57-0.030.55-0.77-0.93-0.770.22-0.890.42-0.34-0.530.57-0.23
-0.3-0.3-0.05-0.030.08-0.390.680.890.54-0.11-0.770.911.0-0.020.97-0.390.240.64-0.730.35
-0.6-0.54-0.36-0.39-0.3-0.670.350.740.27-0.4-0.930.910.89-0.150.97-0.40.380.63-0.630.22
-0.29-0.28-0.04-0.020.08-0.380.70.90.54-0.1-0.771.00.89-0.010.96-0.390.210.64-0.740.37
0.280.00.320.290.170.390.09-0.18-0.120.340.22-0.02-0.15-0.01-0.09-0.15-0.350.46-0.240.66
-0.5-0.44-0.25-0.25-0.15-0.570.510.810.37-0.28-0.890.970.970.96-0.09-0.410.310.64-0.710.32
0.210.10.120.140.140.21-0.09-0.270.00.130.42-0.39-0.4-0.39-0.15-0.410.17-0.330.36-0.36
-0.51-0.73-0.52-0.57-0.31-0.62-0.010.15-0.07-0.69-0.340.240.380.21-0.350.310.170.170.22-0.38
-0.37-0.62-0.05-0.14-0.19-0.250.30.3-0.04-0.07-0.530.640.630.640.460.64-0.330.17-0.770.63
0.230.16-0.17-0.140.030.07-0.51-0.51-0.22-0.250.57-0.73-0.63-0.74-0.24-0.710.360.22-0.77-0.76
-0.03-0.010.280.2-0.040.20.280.11-0.070.36-0.230.350.220.370.660.32-0.36-0.380.63-0.76
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StealthGas Account Relationship Matchups

StealthGas income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization37.7M37.9M37.2M27.9M23.7M30.4M
Interest Expense21.0M14.1M12.7M12.1M10.0M11.4M
Selling General Administrative9.4M7.8M10.1M8.6M9.9M9.3M
Total Revenue144.3M145.0M150.2M152.8M143.5M130.3M
Gross Profit70.3M73.7M61.2M72.7M50.9M67.5M
Other Operating Expenses121.9M119.3M173.6M108.9M102.5M109.8M
Operating Income23.2M28.3M13.9M36.2M41.0M26.2M
Ebit23.2M23.4M(30.8M)35.5M49.6M52.1M
Ebitda60.9M61.3M6.4M63.4M73.3M55.1M
Cost Of Revenue73.9M71.3M89.0M80.1M92.7M62.8M
Total Operating Expenses48.0M48.0M84.6M28.8M9.9M9.4M
Income Before Tax2.1M12.0M(35.1M)34.3M51.9M54.5M
Total Other Income Expense Net(21.1M)(16.3M)(49.0M)(2.0M)10.9M11.5M
Net Income2.1M12.0M(35.1M)34.3M51.9M54.5M
Income Tax Expense8.9K37.2M36.9M216.2K23.5M24.7M
Net Income Applicable To Common Shares2.1M12.0M(35.1M)34.3M30.8M32.4M
Net Income From Continuing Ops2.1M12.0M(35.1M)34.3M50.7M53.3M
Interest Income846.3K167.8K26.4K1.1M3.5M3.7M
Net Interest Income(20.1M)(14.0M)(12.7M)(11.0M)(7.5M)(7.9M)
Reconciled Depreciation39.3M37.9M37.2M27.9M25.1M28.3M
Selling And Marketing Expenses87.2K90.1K97.7K88.3K101.6K98.6K

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Additional Tools for StealthGas Stock Analysis

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