Southern Historical Income Statement
SCCO Stock | USD 115.41 2.39 2.11% |
Historical analysis of Southern Copper income statement accounts such as Operating Income of 2.2 B, Ebit of 2.2 B, EBITDA of 2.6 B or Income Before Tax of 2 B can show how well Southern Copper performed in making a profits. Evaluating Southern Copper income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Southern Copper's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Southern Copper 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 Southern Copper is a good buy for the upcoming year.
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About Southern Income Statement Analysis
Southern Copper 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 Southern Copper shareholders. The income statement also shows Southern 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).
Southern Copper Income Statement Chart
Southern Copper Income Statement is one of the three primary financial statements used for reporting Southern's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Southern Copper revenue and expense. Southern Copper Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Southern Copper's Interest Income is very stable compared to the past year. As of the 5th of May 2024, Reconciled Depreciation is likely to grow to about 834.7 M, while Interest Expense is likely to drop about 196.8 M. Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Southern Copper 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 Southern Copper minus its cost of goods sold. It is profit before Southern Copper 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.Operating Income
Operating Income is the amount of profit realized from Southern Copper 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 Southern Copper 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 Southern Copper's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Southern Copper 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 Southern Copper. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.At this time, Southern Copper's Interest Income is very stable compared to the past year. As of the 5th of May 2024, Reconciled Depreciation is likely to grow to about 834.7 M, while Interest Expense is likely to drop about 196.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 10.9B | 10.0B | 9.9B | 5.1B | Interest Expense | 357.1M | 340.1M | 376.3M | 196.8M |
Southern Copper income statement Correlations
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Southern Copper Account Relationship Matchups
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Southern Copper income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 778.6M | 767.3M | 794.8M | 964.5M | 833.6M | 875.3M | |
Interest Expense | 340.7M | 366.6M | 357.1M | 340.1M | 376.3M | 196.8M | |
Total Revenue | 7.3B | 8.0B | 10.9B | 10.0B | 9.9B | 5.1B | |
Gross Profit | 2.9B | 3.3B | 6.2B | 4.6B | 4.3B | 2.4B | |
Operating Income | 2.8B | 3.1B | 6.1B | 4.4B | 4.2B | 2.2B | |
Ebit | 2.8B | 3.1B | 6.1B | 4.4B | 4.2B | 2.2B | |
Ebitda | 3.5B | 3.9B | 6.9B | 5.4B | 5.0B | 2.6B | |
Income Before Tax | 2.4B | 2.7B | 5.7B | 4.3B | 4.0B | 2.0B | |
Total Other Income Expense Net | (326.5M) | (374.9M) | (368.3M) | (171.9M) | (236.5M) | (224.7M) | |
Net Income | 1.5B | 1.6B | 3.4B | 2.6B | 2.4B | 1.3B | |
Income Tax Expense | 945.3M | 1.2B | 2.3B | 1.6B | 1.5B | 761.8M | |
Selling General Administrative | 131.8M | 126M | 125.2M | 125M | 127.7M | 92.9M | |
Other Operating Expenses | 4.5B | 4.9B | 4.9B | 5.6B | 5.7B | 2.9B | |
Cost Of Revenue | 4.4B | 4.7B | 4.7B | 5.4B | 5.6B | 5.9B | |
Total Operating Expenses | 161.8M | 158.8M | 168.6M | 166.7M | 127.2M | 223.1M | |
Net Income Applicable To Common Shares | 1.5B | 1.6B | 3.4B | 2.6B | 3.0B | 3.2B | |
Minority Interest | 5.2M | 47.9M | 7.4M | (14.1M) | (9.5M) | (10M) | |
Net Income From Continuing Ops | 1.5B | 2.8B | 3.4B | 2.6B | 2.9B | 2.1B | |
Non Operating Income Net Other | 12.9M | (2.4M) | (1.9M) | 2.4M | 2.2M | 3.1M | |
Tax Provision | 945.3M | 1.2B | 2.3B | 1.6B | 1.6B | 1.4B | |
Interest Income | 21.2M | 19.2M | 7.2M | 35M | 83.6M | 87.8M | |
Net Interest Income | (319.5M) | (347.4M) | (349.9M) | (305.1M) | (245.1M) | (257.4M) | |
Reconciled Depreciation | 764.4M | 775.6M | 806M | 796.3M | 824.1M | 834.7M |
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When determining whether Southern Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern Copper'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 Southern Copper Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Copper Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.Note that the Southern Copper information on this page should be used as a complementary analysis to other Southern Copper's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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When running Southern Copper's price analysis, check to measure Southern Copper'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 Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.
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Is Southern Copper's industry 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 Southern Copper. If investors know Southern 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 Southern Copper 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 (0.1) | Dividend Share 3.8 | Earnings Share 3.04 | Revenue Per Share 12.549 | Quarterly Revenue Growth (0.07) |
The market value of Southern Copper is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern Copper's value that differs from its market value or its book value, called intrinsic value, which is Southern Copper'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 Southern Copper's market value can be influenced by many factors that don't directly affect Southern Copper'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 Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Copper'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.