Historical analysis of Alcoa income statement accounts such as Cost of Revenue of 9.3 B or Gross Profit of 3.3 B can show how well Alcoa Corporation performed in making a profits. Evaluating Alcoa income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alcoa future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Alcoa latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Alcoa is a good buy for the upcoming year. Check also Trending Equities.
Cost of RevenueCost of Revenue is found on Alcoa income statement and represents the costs associated with goods and services Alcoa provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. The aggregate cost of goods produced and sold and services rendered during the reporting period.
Earning Before Interest and Taxes USDEarning Before Interest and Taxes EBIT in USD; converted by [FXUSD].
Gross ProfitGross profit is a required income statement account that reflects total revenue of Alcoa Corporation minus its cost of goods sold. It is profit before Alcoa operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue [Revenue] less cost of revenue [CoR] directly attributable to the revenue generation activity.
Interest ExpenseAmount of the cost of borrowed funds accounted for as interest expense.
Net Income to Non Controlling InterestsThe portion of income which is attributable to non-controlling interest shareholders; subtracted from [ConsolInc] in order to obtain [NetInc].
Operating ExpensesOperating expenses represents the total expenditure on [SGnA]; [RnD] and other operating expense items; it excludes [CoR].
Selling General and Administrative ExpenseA component of [OpEx] representing the aggregate total costs related to selling a firm's product and services; as well as all other general and administrative expenses. Direct selling expenses (for example; credit; warranty; and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products; for example telephone expenses; Internet; and postal charges. General and administrative expenses include salaries of non-sales personnel; rent; utilities; communication; etc.