Marine Historical Income Statement

MARPS Stock  USD 3.79  0.01  0.26%   
Historical analysis of Marine Petroleum income statement accounts such as Other Operating Expenses of 1 M can show how well Marine Petroleum Trust performed in making a profits. Evaluating Marine Petroleum income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Marine Petroleum's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Marine Petroleum Trust 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 Marine Petroleum Trust is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marine Petroleum Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About Marine Income Statement Analysis

Marine Petroleum Trust 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 Marine Petroleum shareholders. The income statement also shows Marine 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).

Marine Petroleum Income Statement Chart

At this time, Marine Petroleum's Total Revenue is comparatively stable compared to the past year. Gross Profit is likely to gain to about 33.3 M in 2024, whereas Interest Expense is likely to drop 603.06 in 2024.

Total Revenue

Total revenue comprises all receipts Marine Petroleum Trust 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 Marine Petroleum Trust minus its cost of goods sold. It is profit before Marine Petroleum 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 Marine Petroleum Trust. It is also known as Marine Petroleum 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 Marine Petroleum's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Marine Petroleum Trust 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marine Petroleum Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Marine Petroleum's Total Revenue is comparatively stable compared to the past year. Gross Profit is likely to gain to about 33.3 M in 2024, whereas Interest Expense is likely to drop 603.06 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit386.7K1.4M31.7M33.3M
Total Revenue386.7K1.4M31.7M33.3M

Marine Petroleum income statement Correlations

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0.66-0.53-0.53-0.59-0.53-0.530.64-0.53-0.40.48-0.43-0.14-0.2-0.330.48-0.46-0.46-0.46-0.52
-0.39-0.531.00.971.01.0-0.340.18-0.15-0.99-0.15-0.270.49-0.09-0.33-0.160.80.80.44
-0.39-0.531.00.971.01.0-0.340.18-0.15-0.99-0.15-0.270.49-0.09-0.33-0.160.80.80.44
-0.43-0.590.970.970.970.97-0.380.38-0.09-0.96-0.09-0.340.370.12-0.35-0.060.760.760.43
-0.39-0.531.01.00.971.0-0.340.17-0.15-0.99-0.15-0.270.49-0.1-0.33-0.170.80.80.44
-0.39-0.531.01.00.971.0-0.340.17-0.15-0.99-0.15-0.270.49-0.1-0.33-0.170.80.80.44
1.00.64-0.34-0.34-0.38-0.34-0.34-0.3-0.120.32-0.140.02-0.05-0.210.42-0.2-0.36-0.36-0.4
-0.3-0.530.180.180.380.170.17-0.30.49-0.130.5-0.22-0.130.87-0.250.62-0.02-0.020.2
-0.11-0.4-0.15-0.15-0.09-0.15-0.15-0.120.490.241.00.350.280.36-0.180.91-0.37-0.37-0.02
0.370.48-0.99-0.99-0.96-0.99-0.990.32-0.130.240.250.3-0.470.130.310.26-0.82-0.82-0.45
-0.13-0.43-0.15-0.15-0.09-0.15-0.15-0.140.51.00.250.330.270.38-0.170.92-0.35-0.35-0.01
0.04-0.14-0.27-0.27-0.34-0.27-0.270.02-0.220.350.30.330.04-0.19-0.490.29-0.5-0.5-0.05
-0.08-0.20.490.490.370.490.49-0.05-0.130.28-0.470.270.04-0.55-0.010.140.380.380.35
-0.2-0.33-0.09-0.090.12-0.1-0.1-0.210.870.360.130.38-0.19-0.55-0.160.49-0.22-0.22-0.02
0.430.48-0.33-0.33-0.35-0.33-0.330.42-0.25-0.180.31-0.17-0.49-0.01-0.16-0.250.10.1-0.1
-0.19-0.46-0.16-0.16-0.06-0.17-0.17-0.20.620.910.260.920.290.140.49-0.25-0.38-0.380.15
-0.4-0.460.80.80.760.80.8-0.36-0.02-0.37-0.82-0.35-0.50.38-0.220.1-0.381.00.5
-0.4-0.460.80.80.760.80.8-0.36-0.02-0.37-0.82-0.35-0.50.38-0.220.1-0.381.00.5
-0.42-0.520.440.440.430.440.44-0.40.2-0.02-0.45-0.01-0.050.35-0.02-0.10.150.50.5
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Marine Petroleum Account Relationship Matchups

Marine Petroleum income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization672M346M242M273.5K(31.1M)(29.5M)
Interest Expense394M445M420M552.0634.8603.06
Total Revenue839.1K773.8K386.7K1.4M31.7M33.3M
Gross Profit839.1K773.8K386.7K1.4M31.7M33.3M
Operating Income612.6K559.8K161.4K1.2M31.4M33.0M
Ebit612.6K559.8K161.4K1.1M31.7M33.3M
Ebitda672.6M346.6M242.2M1.3M713.2K677.5K
Total Other Income Expense Net21.4K14.4K161.039.1K(30.7M)(29.2M)
Income Tax Expense(21.4K)(14.4K)(161.0)(1.1K)(1.3K)(1.2K)
Cost Of Revenue17.8B9.1B11.1B16.2B(30.7M)(29.2M)
Net Income Applicable To Common Shares574.1K161.6K1.2M1.4M1.2M1.2M
Net Income From Continuing Ops574.1K161.6K1.2M1.4M713.2K835.5K
Net Interest Income14.4K161.0552.039.1K50.9K53.4K
Interest Income14.4K161.0552.039.1K50.9K53.4K
Research Development0.730.420.840.830.950.78

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Additional Tools for Marine Stock Analysis

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