Methanex Historical Income Statement
| MEOH Stock | USD 46.59 0.67 1.46% |
Historical analysis of Methanex income statement accounts such as Gross Profit of 488.5 M can show how well Methanex performed in making a profits. Evaluating Methanex income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Methanex's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Methanex 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 Methanex is a good buy for the upcoming year.
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About Methanex Income Statement Analysis
Methanex 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 Methanex shareholders. The income statement also shows Methanex 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).
Methanex Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Methanex 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 Methanex minus its cost of goods sold. It is profit before Methanex 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 Methanex. It is also known as Methanex 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.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Methanex's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Methanex 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 Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.As of now, Methanex's EBIT is increasing as compared to previous years. The Methanex's current Total Operating Expenses is estimated to increase to about 411.4 M, while Total Revenue is projected to decrease to under 2.3 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 865.1M | 655.4M | 488.5M | Total Revenue | 4.4B | 4.3B | 3.7B | 2.3B |
Methanex income statement Correlations
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Methanex Account Relationship Matchups
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Methanex income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 349.9M | 376.4M | 359.9M | 357.7M | 399.0M | 419.0M | |
| Interest Expense | 124.4M | 164.8M | 144.4M | 131M | 117.4M | 123.2M | |
| Total Revenue | 2.8B | 2.6B | 4.4B | 4.3B | 3.7B | 2.3B | |
| Gross Profit | 483.6M | 294.8M | 1.1B | 865.1M | 655.4M | 488.5M | |
| Other Operating Expenses | 2.6B | 2.7B | 3.7B | 3.7B | 3.5B | 1.9B | |
| Operating Income | 189.5M | (32.4M) | 712.0M | 610.6M | 263.6M | 305.2M | |
| Ebit | 189.5M | (41.9M) | 601.6M | 506.7M | 268.4M | 340.9M | |
| Ebitda | 539.4M | 334.5M | 961.5M | 864.3M | 667.4M | 519.6M | |
| Cost Of Revenue | 2.3B | 2.4B | 3.3B | 3.4B | 3.1B | 1.8B | |
| Total Operating Expenses | 344.1M | 357.1M | 363.1M | 254.5M | 391.8M | 411.4M | |
| Income Before Tax | 120.8M | (187.4M) | 666.3M | 582.1M | 285.6M | 257.9M | |
| Total Other Income Expense Net | (68.6M) | (135.0M) | (45.6M) | (28.5M) | 22.0M | 23.1M | |
| Net Income | 87.8M | (125.3M) | 482.4M | 353.8M | 174.1M | 184.6M | |
| Income Tax Expense | 4.5M | (62.1M) | 110.4M | 119.9M | 1.5M | 1.4M | |
| Net Income Applicable To Common Shares | 87.8M | (156.7M) | 482.4M | 353.8M | 406.9M | 230.6M | |
| Selling General Administrative | 182.5M | 184.2M | 246.8M | 210.8M | 242.5M | 210.0M | |
| Minority Interest | 298.7M | 292.4M | (73.6M) | (108.5M) | (101.2M) | (96.2M) | |
| Net Income From Continuing Ops | 116.4M | (125.3M) | 555.9M | 462.3M | 282.9M | 330.6M | |
| Tax Provision | 4.5M | (62.1M) | 110.4M | 119.9M | 23.1M | 22.0M | |
| Interest Income | 3.6M | 278K | 1.0M | 25.3M | 46.7M | 49.0M | |
| Net Interest Income | (120.8M) | (164.6M) | (143.4M) | (105.7M) | (72.1M) | (75.7M) | |
| Reconciled Depreciation | 344.1M | 357.1M | 363.1M | 372.4M | 378.1M | 360.2M |
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When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Methanex. If investors know Methanex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Methanex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Dividend Share 0.74 | Earnings Share 2.12 | Revenue Per Share 54.81 | Quarterly Revenue Growth 0.135 |
The market value of Methanex is measured differently than its book value, which is the value of Methanex that is recorded on the company's balance sheet. Investors also form their own opinion of Methanex's value that differs from its market value or its book value, called intrinsic value, which is Methanex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Methanex's market value can be influenced by many factors that don't directly affect Methanex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.