WTI Historical Income Statement

WTI Stock

USD 1.44 0.07 5.11%

Historical analysis of WT Offshore income statement accounts such as Interest Expense of 46.4 M, Total Revenue of 690.9 M, Gross Profit of 349.5 M or Other Operating Expenses of 579 M can show how well WT Offshore performed in making a profits. Evaluating WT Offshore income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of WT Offshore's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining WT Offshore 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 WT Offshore is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.

About WTI Income Statement Analysis

WT Offshore 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 WT Offshore shareholders. The income statement also shows WTI 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).

WT Offshore Income Statement Chart

As of now, WT Offshore's Other Operating Expenses is decreasing as compared to previous years. The WT Offshore's current Operating Income is estimated to increase to about 32 M, while Cost Of Revenue is projected to decrease to under 210.4 M.

Interest Expense Total Other Income Expense Net

Interest Expense

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

Most accounts from WT Offshore's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into WT Offshore 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.As of now, WT Offshore's Other Operating Expenses is decreasing as compared to previous years. The WT Offshore's current Operating Income is estimated to increase to about 32 M, while Cost Of Revenue is projected to decrease to under 210.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	416.6M	527.8M	248.7M	349.5M
Total Revenue	558.0M	921.0M	532.7M	690.9M

Gross Profit Total Revenue

WT Offshore income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Depreciation And Amortization	Selling General Administrative	Income Tax Expense	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Minority Interest
Interest Expense		0.31	-0.04	0.57	-0.48	-0.27	0.19	0.61	0.28	-0.55	-0.56	-0.55	0.46	0.63	-0.6	0.07	-0.62	0.21	0.54	0.01	0.1	-0.24	0.02	0.05
Total Revenue	0.31		0.8	0.82	0.36	0.58	0.98	0.55	0.83	0.3	0.12	0.25	0.66	0.36	0.36	0.04	0.19	-0.19	-0.19	-0.21	0.12	-0.24	0.11	0.13
Gross Profit	-0.04	0.8		0.44	0.61	0.78	0.86	-0.04	0.87	0.55	0.32	0.5	0.31	0.04	0.58	0.01	0.45	-0.22	-0.41	-0.14	0.09	-0.12	0.06	0.02
Other Operating Expenses	0.57	0.82	0.44		-0.14	0.01	0.73	0.75	0.71	-0.17	-0.15	-0.21	0.91	0.62	-0.07	0.19	-0.27	0.05	0.2	-0.41	-0.01	-0.38	0.23	0.35
Operating Income	-0.48	0.36	0.61	-0.14		0.85	0.46	-0.24	0.2	0.98	0.83	0.97	-0.27	-0.22	0.86	-0.22	0.96	-0.29	-0.94	0.27	0.12	0.28	-0.19	-0.33
Ebit	-0.27	0.58	0.78	0.01	0.85		0.67	-0.11	0.44	0.78	0.47	0.76	-0.16	-0.28	0.75	-0.24	0.73	-0.42	-0.63	0.25	0.25	0.15	-0.17	-0.31
Ebitda	0.19	0.98	0.86	0.73	0.46	0.67		0.45	0.82	0.39	0.2	0.34	0.61	0.29	0.47	0.09	0.29	-0.19	-0.26	-0.26	0.09	-0.28	0.14	0.16
Cost Of Revenue	0.61	0.55	-0.04	0.75	-0.24	-0.11	0.45		0.17	-0.28	-0.26	-0.29	0.7	0.62	-0.23	0.12	-0.33	0.04	0.28	-0.23	0.07	-0.3	0.22	0.24
Total Operating Expenses	0.28	0.83	0.87	0.71	0.2	0.44	0.82	0.17		0.15	0.01	0.1	0.59	0.2	0.25	0.08	0.04	-0.05	-0.03	-0.29	0.02	-0.29	0.14	0.21
Income Before Tax	-0.55	0.3	0.55	-0.17	0.98	0.78	0.39	-0.28	0.15		0.91	1.0	-0.29	-0.26	0.89	-0.15	0.99	-0.16	-0.96	0.28	0.0	0.31	-0.15	-0.29
Total Other Income Expense Net	-0.56	0.12	0.32	-0.15	0.83	0.47	0.2	-0.26	0.01	0.91		0.91	-0.22	-0.16	0.79	0.0	0.92	0.08	-0.94	0.21	-0.17	0.31	-0.08	-0.17
Net Income	-0.55	0.25	0.5	-0.21	0.97	0.76	0.34	-0.29	0.1	1.0	0.91		-0.33	-0.25	0.84	-0.16	0.99	-0.13	-0.96	0.31	-0.04	0.35	-0.16	-0.33
Depreciation And Amortization	0.46	0.66	0.31	0.91	-0.27	-0.16	0.61	0.7	0.59	-0.29	-0.22	-0.33		0.66	-0.11	0.45	-0.36	0.22	0.31	-0.72	-0.16	-0.63	0.47	0.63
Selling General Administrative	0.63	0.36	0.04	0.62	-0.22	-0.28	0.29	0.62	0.2	-0.26	-0.16	-0.25	0.66		-0.38	0.35	-0.32	0.36	0.2	-0.4	-0.21	-0.3	0.32	0.29
Income Tax Expense	-0.6	0.36	0.58	-0.07	0.86	0.75	0.47	-0.23	0.25	0.89	0.79	0.84	-0.11	-0.38		-0.05	0.86	-0.25	-0.82	0.04	0.17	-0.01	-0.08	-0.01
Selling And Marketing Expenses	0.07	0.04	0.01	0.19	-0.22	-0.24	0.09	0.12	0.08	-0.15	0.0	-0.16	0.45	0.35	-0.05		-0.17	0.66	0.24	-0.51	-0.51	-0.43	0.8	0.75
Net Income From Continuing Ops	-0.62	0.19	0.45	-0.27	0.96	0.73	0.29	-0.33	0.04	0.99	0.92	0.99	-0.36	-0.32	0.86	-0.17		-0.15	-0.96	0.29	-0.02	0.34	-0.16	-0.32
Non Operating Income Net Other	0.21	-0.19	-0.22	0.05	-0.29	-0.42	-0.19	0.04	-0.05	-0.16	0.08	-0.13	0.22	0.36	-0.25	0.66	-0.15		0.2	-0.28	-0.79	-0.25	0.59	0.42
Non Recurring	0.54	-0.19	-0.41	0.2	-0.94	-0.63	-0.26	0.28	-0.03	-0.96	-0.94	-0.96	0.31	0.2	-0.82	0.24	-0.96	0.2		-0.29	-0.06	-0.34	0.25	0.32
Tax Provision	0.01	-0.21	-0.14	-0.41	0.27	0.25	-0.26	-0.23	-0.29	0.28	0.21	0.31	-0.72	-0.4	0.04	-0.51	0.29	-0.28	-0.29		0.25	0.83	-0.66	-0.78
Interest Income	0.1	0.12	0.09	-0.01	0.12	0.25	0.09	0.07	0.02	0.0	-0.17	-0.04	-0.16	-0.21	0.17	-0.51	-0.02	-0.79	-0.06	0.25		-0.04	-0.52	-0.3
Net Interest Income	-0.24	-0.24	-0.12	-0.38	0.28	0.15	-0.28	-0.3	-0.29	0.31	0.31	0.35	-0.63	-0.3	-0.01	-0.43	0.34	-0.25	-0.34	0.83	-0.04		-0.51	-0.72
Reconciled Depreciation	0.02	0.11	0.06	0.23	-0.19	-0.17	0.14	0.22	0.14	-0.15	-0.08	-0.16	0.47	0.32	-0.08	0.8	-0.16	0.59	0.25	-0.66	-0.52	-0.51		0.77
Minority Interest	0.05	0.13	0.02	0.35	-0.33	-0.31	0.16	0.24	0.21	-0.29	-0.17	-0.33	0.63	0.29	-0.01	0.75	-0.32	0.42	0.32	-0.78	-0.3	-0.72	0.77

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WT Offshore Account Relationship Matchups

WT Offshore income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	59.6M	61.5M	70.0M	69.4M	44.7M	46.4M
Total Revenue	534.9M	346.6M	558.0M	921.0M	532.7M	690.9M
Gross Profit	357.9M	205.4M	416.6M	527.8M	248.7M	349.5M
Other Operating Expenses	416.4M	345.8M	368.3M	466.9M	503.2M	579.0M
Operating Income	118.3M	(2.2M)	189.7M	454.1M	29.5M	32.0M
Ebit	118.3M	24.6M	187.6M	454.1M	78.6M	120.3M
Ebitda	266.8M	144.9M	301.0M	587.7M	222.3M	388.1M
Cost Of Revenue	177.0M	141.2M	141.4M	393.2M	283.9M	210.4M
Total Operating Expenses	239.4M	204.6M	227.0M	298.2M	219.2M	276.4M
Income Before Tax	(1.1M)	7.6M	(49.5M)	284.8M	33.9M	35.6M
Total Other Income Expense Net	(119.5M)	6.8M	(239.2M)	(169.3M)	4.4M	4.7M
Net Income	74.1M	37.8M	(41.5M)	231.1M	15.6M	16.4M
Depreciation And Amortization	148.5M	120.3M	113.4M	133.6M	143.7M	212.4M
Selling General Administrative	239.4M	204.6M	227.0M	73.7M	77.7M	73.9M
Net Income Applicable To Common Shares	74.1M	37.8M	(41.5M)	231.1M	208.0M	218.4M
Income Tax Expense	(75.2M)	(30.2M)	(8.1M)	53.7M	18.3M	19.3M
Net Income From Continuing Ops	74.1M	37.8M	(41.5M)	231.1M	59.5M	62.5M
Non Operating Income Net Other	(188K)	44.5M	(169.1M)	(99.8M)	(89.8M)	(85.4M)
Tax Provision	(75.2M)	(30.2M)	(8.1M)	53.7M	23.3M	24.4M
Interest Income	59.6M	61.5M	245.4M	155.0M	178.2M	110.8M
Net Interest Income	(59.6M)	(61.5M)	(70.0M)	(69.4M)	(49.5M)	(52.0M)
Reconciled Depreciation	148.5M	120.3M	113.4M	133.6M	136.9M	109.5M

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When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore'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 Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock:

How To Invest In WTI

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Is WTI Stock a good investment?

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What is WT Offshore's Net Worth?

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For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.

You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Is Oil & Gas Exploration & Production 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 WT Offshore. If investors know WTI 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 WT Offshore 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

(0.98)

Dividend Share

0.04

Earnings Share

(0.43)

Revenue Per Share

3.657

Quarterly Revenue Growth

(0.15)

The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore'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 WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore'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 WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore'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.

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WTI Historical Income Statement

About WTI Income Statement Analysis

WT Offshore Income Statement Chart

Interest Expense

WT Offshore income statement Correlations

WT Offshore Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WT Offshore income statement Accounts

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Net Income	+ 1.0	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Net Income
Ebitda	+ 0.98	Total Revenue
Income Before Tax	+ 0.98	Operating Income
Net Income	+ 0.97	Operating Income

Non Recurring	- 0.96	Net Income From Continuing Ops
Non Recurring	- 0.96	Net Income
Non Recurring	- 0.96	Income Before Tax
Non Recurring	- 0.94	Total Other Income Expense Net
Non Recurring	- 0.94	Operating Income
Non Recurring	- 0.82	Income Tax Expense