Algonquin Historical Income Statement
| AQNB Stock | USD 25.46 0.12 0.47% |
Historical analysis of Algonquin Power income statement accounts such as Selling General Administrative of 57.5 M, Total Revenue of 1.8 B or Gross Profit of 441.7 M can show how well Algonquin Power Utilities performed in making a profits. Evaluating Algonquin Power income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Algonquin Power's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Algonquin Power Utilities 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 Algonquin Power Utilities is a good buy for the upcoming year.
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About Algonquin Income Statement Analysis
Algonquin Power Utilities 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 Algonquin Power shareholders. The income statement also shows Algonquin 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).
Algonquin Power Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Algonquin Power Utilities 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 Algonquin Power Utilities minus its cost of goods sold. It is profit before Algonquin Power 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 Algonquin Power Utilities. It is also known as Algonquin Power 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.Most accounts from Algonquin Power's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Algonquin Power Utilities 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Algonquin Power Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, Algonquin Power's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 196.1 M, whereas Depreciation And Amortization is forecasted to decline to about 300.5 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 507.0M | 549.4M | 845.3M | 441.7M | Total Revenue | 2.6B | 2.7B | 2.3B | 1.8B |
Algonquin Power income statement Correlations
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Algonquin Power income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 330.7M | 399.4M | 437.5M | 475.6M | 395.7M | 300.5M | |
| Selling General Administrative | 63.1M | 66.7M | 80.2M | 90.4M | 103.9M | 57.5M | |
| Total Revenue | 1.7B | 2.2B | 2.6B | 2.7B | 2.3B | 1.8B | |
| Gross Profit | 438.5M | 394.6M | 507.0M | 549.4M | 845.3M | 441.7M | |
| Other Operating Expenses | 1.4B | 1.9B | 2.2B | 2.2B | 1.9B | 1.4B | |
| Operating Income | 372.0M | 328.5M | 430.0M | 477.8M | 446.1M | 336.7M | |
| Ebit | 372.0M | 328.5M | 430.0M | 501.1M | 435.5M | 337.9M | |
| Ebitda | 702.7M | 727.9M | 867.4M | 976.6M | 831.2M | 638.4M | |
| Cost Of Revenue | 1.3B | 1.8B | 2.1B | 2.1B | 1.5B | 1.3B | |
| Total Operating Expenses | 66.5M | 66.1M | 77.1M | 92.0M | 399.2M | 419.1M | |
| Income Before Tax | 834.1M | 141.0M | (355.0M) | (119.6M) | 177.2M | 124.9M | |
| Total Other Income Expense Net | 462.1M | (187.5M) | (785.0M) | (597.4M) | (268.9M) | (255.5M) | |
| Net Income | 823.8M | 262.5M | (203.6M) | 20.3M | (1.4B) | (1.3B) | |
| Income Tax Expense | 68.0M | (43.0M) | (59.1M) | (87.9M) | 186.8M | 196.1M | |
| Interest Expense | 205.1M | 214.2M | 277.9M | 375.1M | 431.4M | 452.9M | |
| Selling And Marketing Expenses | 3.3M | 587.1K | 3.2M | 1.7M | 1.9M | 1.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Algonquin Power Utilities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Algonquin Power'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 Algonquin Power Utilities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Algonquin Power Utilities Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algonquin Power Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Electric Utilities 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 Algonquin Power. If investors know Algonquin 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 Algonquin Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Algonquin Power Utilities is measured differently than its book value, which is the value of Algonquin that is recorded on the company's balance sheet. Investors also form their own opinion of Algonquin Power's value that differs from its market value or its book value, called intrinsic value, which is Algonquin Power'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 Algonquin Power's market value can be influenced by many factors that don't directly affect Algonquin Power'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 Algonquin Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algonquin Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algonquin Power'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.