Sumeet Historical Income Statement

SUMEETINDS   97.80  0.00  0.00%   
Historical analysis of Sumeet Industries income statement accounts such as Total Revenue of 9.1 B, Gross Profit of 8.2 M, Other Operating Expenses of 8.8 B or Cost Of Revenue of 8.2 B can show how well Sumeet Industries Limited performed in making a profits. Evaluating Sumeet Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sumeet Industries's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Sumeet Industries 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 Sumeet Industries is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumeet Industries 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 income.

About Sumeet Income Statement Analysis

Sumeet Industries 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 Sumeet Industries shareholders. The income statement also shows Sumeet 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).

Sumeet Industries Income Statement Chart

As of now, Sumeet Industries' Depreciation And Amortization is increasing as compared to previous years. The Sumeet Industries' current Selling General Administrative is estimated to increase to about 297.9 M, while Interest Expense is projected to decrease to under 171.9 K.

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 Sumeet Industries 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 Sumeet Industries Limited minus its cost of goods sold. It is profit before Sumeet Industries 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 Sumeet Industries. It is also known as Sumeet Industries 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 Sumeet Industries 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 Sumeet Industries 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.
Most accounts from Sumeet Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sumeet Industries 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sumeet Industries 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 income.
As of now, Sumeet Industries' Depreciation And Amortization is increasing as compared to previous years. The Sumeet Industries' current Selling General Administrative is estimated to increase to about 297.9 M, while Interest Expense is projected to decrease to under 171.9 K.
 2021 2022 2023 2024 (projected)
Interest Expense244.6M70.6M181K172.0K
Depreciation And Amortization314.1M274.9M239.1M246.5M

Sumeet Industries income statement Correlations

0.49-0.29-0.50.190.150.28-0.31-0.3-0.080.190.5-0.56-0.59-0.53-0.6-0.56-0.720.190.01-0.21
0.49-0.640.090.430.520.430.140.360.50.410.19-0.11-0.75-0.140.15-0.160.080.86-0.760.52
-0.29-0.64-0.20.0-0.330.04-0.23-0.47-0.560.020.03-0.140.37-0.13-0.17-0.15-0.17-0.610.6-0.53
-0.50.09-0.20.320.370.230.580.670.580.3-0.320.620.220.570.820.550.740.26-0.460.6
0.190.430.00.320.680.990.370.450.520.990.060.33-0.170.30.470.250.270.11-0.170.19
0.150.52-0.330.370.680.660.360.60.660.610.410.41-0.110.390.480.350.360.32-0.440.44
0.280.430.040.230.990.660.230.340.420.980.20.2-0.260.160.350.110.140.08-0.10.08
-0.310.14-0.230.580.370.360.230.750.710.37-0.660.860.460.850.720.850.710.26-0.490.68
-0.30.36-0.470.670.450.60.340.750.970.43-0.340.830.190.790.860.780.830.41-0.610.8
-0.080.5-0.560.580.520.660.420.710.970.49-0.230.730.060.70.750.680.70.47-0.640.79
0.190.410.020.30.990.610.980.370.430.490.010.31-0.180.280.450.220.260.1-0.150.16
0.50.190.03-0.320.060.410.2-0.66-0.34-0.230.01-0.54-0.44-0.54-0.44-0.56-0.52-0.030.17-0.35
-0.56-0.11-0.140.620.330.410.20.860.830.730.31-0.540.661.00.810.990.81-0.01-0.270.56
-0.59-0.750.370.22-0.17-0.11-0.260.460.190.06-0.18-0.440.660.70.270.710.36-0.580.320.02
-0.53-0.14-0.130.570.30.390.160.850.790.70.28-0.541.00.70.751.00.76-0.05-0.230.52
-0.60.15-0.170.820.470.480.350.720.860.750.45-0.440.810.270.750.740.960.25-0.490.7
-0.56-0.16-0.150.550.250.350.110.850.780.680.22-0.560.990.711.00.740.77-0.05-0.230.52
-0.720.08-0.170.740.270.360.140.710.830.70.26-0.520.810.360.760.960.770.27-0.530.75
0.190.86-0.610.260.110.320.080.260.410.470.1-0.03-0.01-0.58-0.050.25-0.050.27-0.940.7
0.01-0.760.6-0.46-0.17-0.44-0.1-0.49-0.61-0.64-0.150.17-0.270.32-0.23-0.49-0.23-0.53-0.94-0.89
-0.210.52-0.530.60.190.440.080.680.80.790.16-0.350.560.020.520.70.520.750.7-0.89
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Sumeet Industries Account Relationship Matchups

Sumeet Industries income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization402.3M358.0M314.1M274.9M239.1M246.5M
Interest Expense378.0M31.1M244.6M70.6M181K172.0K
Selling General Administrative17.4M30.3M35.4M255.3M283.7M297.9M
Selling And Marketing Expenses1.2M86K138K291K54K51.3K
Total Revenue7.1B5.7B8.9B10.3B9.8B9.1B
Gross Profit622.6M581.8M853.0M1.5B8.6M8.2M
Other Operating Expenses8.1B5.8B8.8B11.0B10.1B8.8B
Operating Income(1.1B)(76.4M)33.2M(665.3M)(275.1M)(261.4M)
Ebit(152.7M)(89.3M)33.2M(567.1M)(634.5M)(602.8M)
Ebitda249.6M268.7M347.3M(292.2M)(395.4M)(375.6M)
Cost Of Revenue6.4B5.2B8.1B8.8B9.8B8.2B
Total Operating Expenses1.6B669.3M705.2M2.2B283.8M269.6M
Income Before Tax(1.5B)(120.6M)(28.0M)(637.7M)(634.7M)(602.9M)
Total Other Income Expense Net(1.4B)(121.0M)(526.9M)(372.7M)(359.6M)(377.5M)
Net Income(1.4B)(70.8M)29.1M(587.2M)(590.1M)(560.6M)
Income Tax Expense(65.6M)(49.8M)(57.1M)(50.5M)(44.6M)(42.3M)
Net Income From Continuing Ops(1.4B)(71.2M)29.1M(587.2M)(590.1M)(560.6M)
Net Income Applicable To Common Shares(1.4B)(71.2M)29.1M(587.2M)(528.5M)(502.1M)
Tax Provision(65.6M)(49.8M)(57.1M)(50.5M)(44.6M)(42.3M)
Interest Income378.0M31.7M265.5M70.6M63.5M60.3M
Net Interest Income(393.7M)(31.7M)(265.5M)(70.6M)(181K)(190.1K)
Reconciled Depreciation402.3M358.0M314.1M274.9M239.1M294.8M

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Other Information on Investing in Sumeet Stock

Sumeet Industries 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 Sumeet Industries shareholders. The income statement also shows Sumeet 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).