Adams Historical Income Statement
| AE Stock | USD 26.65 0.05 0.19% |
Historical analysis of Adams Resources income statement accounts such as Interest Expense of 3.6 M or Selling General Administrative of 7.7 M can show how well Adams Resources Energy performed in making a profits. Evaluating Adams Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Adams Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Adams Resources Energy 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 Adams Resources Energy is a good buy for the upcoming year.
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About Adams Income Statement Analysis
Adams Resources Energy 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 Adams Resources shareholders. The income statement also shows Adams 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).
Adams Resources Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Adams Resources Energy 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Adams Resources Energy. It is also known as Adams Resources 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.Cost Of Revenue
Cost of Revenue is found on Adams Resources Energy income statement and represents the costs associated with goods and services Adams Resources 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.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Adams Resources Energy whose combined shares represent less than 50% of the total outstanding shares issued by Adams Resources have a minority interest in Adams Resources.Most accounts from Adams Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Adams Resources Energy 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 Adams Resources Energy. 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. At present, Adams Resources' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 19.4 M, whereas Total Revenue is forecasted to decline to about 2.2 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 746K | 1.3M | 3.4M | 3.6M | Depreciation And Amortization | 20.0M | 23.6M | 27.9M | 29.3M |
Adams Resources income statement Correlations
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Adams Resources Account Relationship Matchups
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Adams Resources income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 16.6M | 18.6M | 20.0M | 23.6M | 27.9M | 29.3M | |
| Interest Expense | 636K | 444K | 746K | 1.3M | 3.4M | 3.6M | |
| Selling General Administrative | 10.2M | 10.3M | 13.7M | 17.7M | 14.9M | 7.7M | |
| Total Revenue | 1.8B | 1.0B | 2.0B | 3.4B | 2.7B | 2.2B | |
| Gross Profit | 18.0M | 4.5M | 29.9M | 23.5M | 17.3M | 19.4M | |
| Other Operating Expenses | 1.8B | 1.0B | 2.0B | 3.4B | 2.7B | 2.2B | |
| Operating Income | 10.6M | (5.1M) | 16.2M | 5.8M | 2.4M | 2.3M | |
| Ebit | 10.6M | (5.1M) | 16.2M | 5.8M | 2.4M | 2.3M | |
| Ebitda | 27.2M | 13.5M | 36.2M | 29.4M | 30.3M | 17.2M | |
| Cost Of Revenue | 1.8B | 1.0B | 2.0B | 3.3B | 2.7B | 2.2B | |
| Total Operating Expenses | 10.2M | 10.3M | 13.7M | 17.7M | 14.9M | 12.0M | |
| Income Before Tax | 10.5M | (5.5M) | 15.7M | 5.4M | 486K | 461.7K | |
| Total Other Income Expense Net | (63K) | (444K) | (503K) | (366K) | (1.9M) | (1.8M) | |
| Net Income | 8.2M | 995K | 11.9M | 3.5M | 212K | 201.4K | |
| Income Tax Expense | 2.3M | (6.5M) | 3.8M | 1.9M | 274K | 260.3K | |
| Net Income Applicable To Common Shares | 8.2M | 995K | 11.9M | 3.5M | 3.1M | 3.0M | |
| Selling And Marketing Expenses | 1.7B | 950.4M | 1.9B | 3.2B | 2.6B | 1.9B | |
| Net Income From Continuing Ops | 8.2M | 995K | 11.9M | 3.5M | (6.2M) | (5.9M) | |
| Non Operating Income Net Other | 3.3M | 656K | 243K | 921K | 1.1M | 1.1M | |
| Tax Provision | 2.3M | (6.5M) | 3.8M | 1.9M | (1.4M) | (1.3M) | |
| Interest Income | 2.8M | 656K | 503K | 366K | 1.1M | 852.8K | |
| Net Interest Income | 2.1M | 212K | (503K) | (366K) | (2.3M) | (2.2M) | |
| Reconciled Depreciation | 16.6M | 18.6M | 19.8M | 22.7M | 27.9M | 20.4M |
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When determining whether Adams Resources Energy is a strong investment it is important to analyze Adams Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adams Resources' future performance. For an informed investment choice regarding Adams Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adams Resources Energy. 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. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Oil & Gas Refining & Marketing 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 Adams Resources. If investors know Adams 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 Adams Resources 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 0.763 | Dividend Share 0.96 | Earnings Share 0.68 | Revenue Per Share 1.1 K | Quarterly Revenue Growth 0.017 |
The market value of Adams Resources Energy is measured differently than its book value, which is the value of Adams that is recorded on the company's balance sheet. Investors also form their own opinion of Adams Resources' value that differs from its market value or its book value, called intrinsic value, which is Adams Resources' 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 Adams Resources' market value can be influenced by many factors that don't directly affect Adams Resources' 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 Adams Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adams Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adams Resources' 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.