IGPL Historical Income Statement

IGPL Stock   559.90  3.60  0.64%   
Historical analysis of IG Petrochemicals income statement accounts such as Total Revenue of 12.3 B or Gross Profit of 2.6 B can show how well IG Petrochemicals Limited performed in making a profits. Evaluating IG Petrochemicals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IG Petrochemicals's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining IG Petrochemicals 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 IG Petrochemicals 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 IG Petrochemicals 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 board of governors.

About IGPL Income Statement Analysis

IG Petrochemicals 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 IG Petrochemicals shareholders. The income statement also shows IGPL 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).

IG Petrochemicals Income Statement Chart

At this time, IG Petrochemicals' Net Income is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 186.4 M in 2024, whereas Total Revenue is likely to drop slightly above 12.3 B in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

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

Cost Of Revenue

Cost of Revenue is found on IG Petrochemicals income statement and represents the costs associated with goods and services IG Petrochemicals 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 IG Petrochemicals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into IG Petrochemicals 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 IG Petrochemicals 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 board of governors.
At this time, IG Petrochemicals' Net Income is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 186.4 M in 2024, whereas Total Revenue is likely to drop slightly above 12.3 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.3B5.7B1.3B2.6B
Total Revenue18.8B23.5B20.9B12.3B

IG Petrochemicals income statement Correlations

0.360.90.620.850.630.630.690.650.840.620.450.630.560.80.890.930.640.480.52-0.470.91
0.360.32-0.10.37-0.02-0.030.010.640.51-0.03-0.04-0.01-0.140.640.340.38-0.09-0.220.7-0.790.57
0.90.320.580.980.530.560.620.760.780.520.230.540.470.690.840.850.560.430.59-0.510.87
0.62-0.10.580.410.940.960.960.190.530.960.630.950.920.420.630.770.960.90.080.130.44
0.850.370.980.410.340.380.440.80.750.340.090.350.290.670.790.760.380.240.62-0.60.86
0.63-0.020.530.940.340.990.990.170.50.990.730.990.960.450.610.740.980.930.130.090.47
0.63-0.030.560.960.380.991.00.190.510.990.670.990.950.430.620.740.990.930.150.090.47
0.690.010.620.960.440.991.00.250.560.990.670.990.940.490.670.790.980.920.20.030.54
0.650.640.760.190.80.170.190.250.860.16-0.10.170.050.840.660.630.12-0.020.86-0.870.84
0.840.510.780.530.750.50.510.560.860.490.190.490.40.970.810.850.460.290.69-0.670.87
0.62-0.030.520.960.340.990.990.990.160.490.730.990.960.430.590.730.990.930.110.110.45
0.45-0.040.230.630.090.730.670.67-0.10.190.730.730.720.260.330.530.720.66-0.140.230.24
0.63-0.010.540.950.350.990.990.990.170.490.990.730.930.440.590.740.990.90.150.090.48
0.56-0.140.470.920.290.960.950.940.050.40.960.720.930.320.550.650.940.98-0.050.250.31
0.80.640.690.420.670.450.430.490.840.970.430.260.440.320.750.810.390.20.72-0.730.88
0.890.340.840.630.790.610.620.670.660.810.590.330.590.550.750.880.590.50.47-0.40.82
0.930.380.850.770.760.740.740.790.630.850.730.530.740.650.810.880.740.560.51-0.410.84
0.64-0.090.560.960.380.980.990.980.120.460.990.720.990.940.390.590.740.920.080.140.45
0.48-0.220.430.90.240.930.930.92-0.020.290.930.660.90.980.20.50.560.92-0.10.320.24
0.520.70.590.080.620.130.150.20.860.690.11-0.140.15-0.050.720.470.510.08-0.1-0.890.78
-0.47-0.79-0.510.13-0.60.090.090.03-0.87-0.670.110.230.090.25-0.73-0.4-0.410.140.32-0.89-0.73
0.910.570.870.440.860.470.470.540.840.870.450.240.480.310.880.820.840.450.240.78-0.73
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IG Petrochemicals Account Relationship Matchups

IG Petrochemicals income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization299.0M341.0M443.5M474.1M521.1M262.1M
Interest Expense108.8M106.6M76.1M239.1M304.1M319.3M
Total Revenue10.6B11.2B18.8B23.5B20.9B12.3B
Gross Profit2.3B4.6B6.3B5.7B1.3B2.6B
Other Operating Expenses10.1B8.6B15.2B20.8B20.5B11.0B
Operating Income456.3M2.6B3.6B2.7B838.2M1.2B
Ebit396.4M2.7B3.7B2.9B838.2M1.3B
Ebitda695.4M3.0B4.1B3.4B1.4B1.5B
Cost Of Revenue8.3B6.6B12.5B17.8B19.6B20.6B
Total Operating Expenses1.9B2.0B2.7B3.0B3.4B3.6B
Income Before Tax319.1M2.5B3.6B2.7B534.1M1.1B
Total Other Income Expense Net(137.2M)(98.0M)(22.8M)(61.5M)(304.1M)(319.3M)
Net Income208.8M1.9B2.6B2.0B395.1M774.8M
Income Tax Expense110.3M645.4M918.0M682.9M139.0M132.0M
Selling General Administrative80.8M86.8M115.4M126.3M177.5M186.4M
Selling And Marketing Expenses271.4M304.1M406.1M410.8M417.7M289.4M
Research Development5.7M7.0M7.6M9.4M7.4M6.1M
Net Income From Continuing Ops208.8M1.9B2.6B2.0B395.1M375.4M
Net Income Applicable To Common Shares208.8M1.9B2.6B2.0B2.3B1.2B
Tax Provision110.3M645.4M918.0M682.9M139.0M132.0M
Interest Income3.1M145.6M128.8M239.1M275.0M288.8M
Net Interest Income(135.4M)(145.6M)(128.8M)(239.1M)(304.1M)(288.9M)
Reconciled Depreciation299.0M341.0M443.5M474.1M521.1M408.6M

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Additional Tools for IGPL Stock Analysis

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