Insurance Historical Income Statement

IAG Stock   8.50  0.04  0.47%   
Historical analysis of Insurance Australia income statement accounts such as Operating Income of 16.6 B or Ebitda of 2 B can show how well Insurance Australia Group performed in making a profits. Evaluating Insurance Australia income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Insurance Australia's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Insurance Australia 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 Insurance Australia 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 Insurance Australia Group. 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 Insurance Income Statement Analysis

Insurance Australia 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 Insurance Australia shareholders. The income statement also shows Insurance 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).

Insurance Australia Income Statement Chart

At this time, Insurance Australia's Operating Income is comparatively stable compared to the past year. EBITDA is likely to gain to about 2 B in 2024, whereas Income Before Tax is likely to drop slightly above 827.1 M in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Insurance Australia. It is also known as Insurance Australia 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 Insurance Australia 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 Insurance Australia Group 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Insurance Australia financial statement analysis. It represents the amount of money remaining after all of Insurance Australia Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Insurance Australia's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Insurance Australia 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 Insurance Australia Group. 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 this time, Insurance Australia's Operating Income is comparatively stable compared to the past year. EBITDA is likely to gain to about 2 B in 2024, whereas Income Before Tax is likely to drop slightly above 827.1 M in 2024.

Insurance Australia income statement Correlations

0.080.480.50.050.48-0.380.40.450.070.890.3-0.24-0.460.90.01-0.43-0.040.4-0.610.0-0.270.340.02
0.08-0.72-0.510.30.030.67-0.03-0.17-0.06-0.01-0.410.470.03-0.05-0.130.230.02-0.330.490.050.7-0.11-0.03
0.48-0.720.71-0.140.25-0.890.340.330.090.570.5-0.51-0.230.60.0-0.37-0.110.41-0.69-0.12-0.940.22-0.03
0.5-0.510.71-0.180.22-0.640.220.37-0.290.410.9-0.8-0.230.440.2-0.42-0.220.38-0.83-0.05-0.660.38-0.13
0.050.3-0.14-0.180.380.190.380.15-0.30.13-0.010.22-0.390.1-0.070.15-0.03-0.090.150.090.19-0.09-0.05
0.480.030.250.220.380.010.960.94-0.30.470.28-0.04-0.50.460.630.250.140.74-0.270.48-0.07-0.250.16
-0.380.67-0.89-0.640.190.01-0.07-0.08-0.18-0.51-0.410.60.19-0.540.220.470.17-0.170.530.330.86-0.090.09
0.4-0.030.340.220.380.96-0.070.88-0.240.40.250.02-0.530.390.540.190.240.71-0.260.36-0.23-0.270.26
0.45-0.170.330.370.150.94-0.080.88-0.280.410.4-0.24-0.430.40.720.210.150.84-0.40.49-0.15-0.170.18
0.07-0.060.09-0.29-0.3-0.3-0.18-0.24-0.280.04-0.680.130.10.04-0.33-0.350.050.02-0.12-0.3-0.120.210.07
0.89-0.010.570.410.130.47-0.510.40.410.040.25-0.25-0.261.00.05-0.17-0.150.37-0.450.11-0.340.1-0.1
0.3-0.410.50.9-0.010.28-0.410.250.4-0.680.25-0.7-0.180.280.32-0.14-0.20.28-0.580.12-0.450.19-0.14
-0.240.47-0.51-0.80.22-0.040.60.02-0.240.13-0.25-0.7-0.07-0.27-0.260.190.36-0.220.67-0.10.49-0.210.28
-0.460.03-0.23-0.23-0.39-0.50.19-0.53-0.430.1-0.26-0.18-0.07-0.270.170.55-0.23-0.210.220.390.12-0.09-0.28
0.9-0.050.60.440.10.46-0.540.390.40.041.00.28-0.27-0.270.04-0.21-0.130.37-0.470.09-0.370.11-0.08
0.01-0.130.00.2-0.070.630.220.540.72-0.330.050.32-0.260.170.040.590.040.7-0.230.820.11-0.330.03
-0.430.23-0.37-0.420.150.250.470.190.21-0.35-0.17-0.140.190.55-0.210.59-0.070.130.480.770.38-0.63-0.15
-0.040.02-0.11-0.22-0.030.140.170.240.150.05-0.15-0.20.36-0.23-0.130.04-0.070.190.15-0.10.12-0.110.99
0.4-0.330.410.38-0.090.74-0.170.710.840.020.370.28-0.22-0.210.370.70.130.19-0.520.48-0.24-0.140.24
-0.610.49-0.69-0.830.15-0.270.53-0.26-0.4-0.12-0.45-0.580.670.22-0.47-0.230.480.15-0.52-0.070.62-0.590.06
0.00.05-0.12-0.050.090.480.330.360.49-0.30.110.12-0.10.390.090.820.77-0.10.48-0.070.23-0.35-0.13
-0.270.7-0.94-0.660.19-0.070.86-0.23-0.15-0.12-0.34-0.450.490.12-0.370.110.380.12-0.240.620.23-0.260.05
0.34-0.110.220.38-0.09-0.25-0.09-0.27-0.170.210.10.19-0.21-0.090.11-0.33-0.63-0.11-0.14-0.59-0.35-0.26-0.07
0.02-0.03-0.03-0.13-0.050.160.090.260.180.07-0.1-0.140.28-0.28-0.080.03-0.150.990.240.06-0.130.05-0.07
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Insurance Australia Account Relationship Matchups

Insurance Australia income statement Accounts

201920202021202220232024 (projected)
Interest Expense94M92M89M145M185M94.4M
Other Operating Expenses7.3B8.3B7.6B7.4B206M195.7M
Operating Income579M(334M)640M1.5B15.8B16.6B
Ebitda(103M)(67M)779M1.7B1.9B2.0B
Total Operating Expenses2.3B2.4B2.6B2.1B206M216.3M
Income Before Tax487M(423M)547M1.4B1.5B827.1M
Total Other Income Expense Net487M(354M)(6.9B)2.7B(14.3B)(13.6B)
Net Income435M(427M)347M832M898M942.9M
Income Tax Expense37M(125M)140M429M458M252.0M
Depreciation And Amortization197M267M139M185M200M210M
Total Revenue7.8B8.0B8.3B8.9B16.0B8.8B
Ebit(300M)(334M)640M1.5B1.7B1.8B
Minority Interest607M310M(77M)(99M)(135M)(128.3M)
Gross Profit7.8B8.0B8.3B8.9B16.3B8.9B
Net Income Applicable To Common Shares435M(427M)347M832M956.8M598.5M
Net Income From Continuing Ops498M(264M)424M1.4B1.0B652.5M
Discontinued Operations(24M)205M(4M)(13M)(15.0M)(14.2M)
Tax Provision37M(125M)140M429M458M272.8M
Net Interest Income(94M)(92M)(89M)(209M)(185M)(175.8M)
Interest Income200M148M179M409M368.1M238.3M
Reconciled Depreciation197M267M139M268M200M215.7M

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Additional Tools for Insurance Stock Analysis

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