CECO Historical Income Statement
| CECO Stock | USD 25.55 0.39 1.50% |
Historical analysis of CECO Environmental income statement accounts such as Interest Expense of 14.1 M, Total Revenue of 572.1 M or Gross Profit of 171 M can show how well CECO Environmental Corp performed in making a profits. Evaluating CECO Environmental income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CECO Environmental's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CECO Environmental Corp 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 CECO Environmental Corp is a good buy for the upcoming year.
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About CECO Income Statement Analysis
CECO Environmental Corp 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 CECO Environmental shareholders. The income statement also shows CECO 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).
CECO Environmental Income Statement Chart
CECO Environmental Corp Income Statement is one of the three primary financial statements used for reporting CECO's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CECO Environmental Corp revenue and expense. CECO Environmental Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CECO Environmental's EBIT is very stable compared to the past year. As of the 28th of May 2024, EBITDA is likely to grow to about 55 M, though Total Other Income Expense Net is likely to grow to (17.4 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts CECO Environmental Corp 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 CECO Environmental Corp. It is also known as CECO Environmental 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 CECO Environmental Corp income statement and represents the costs associated with goods and services CECO Environmental 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from CECO Environmental's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CECO Environmental Corp 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 CECO Environmental Corp. 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. At this time, CECO Environmental's EBIT is very stable compared to the past year. As of the 28th of May 2024, EBITDA is likely to grow to about 55 M, though Total Other Income Expense Net is likely to grow to (17.4 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.0M | 5.4M | 13.4M | 14.1M | Depreciation And Amortization | 7.0M | 10.6M | 12.5M | 13.1M |
CECO Environmental income statement Correlations
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CECO Environmental Account Relationship Matchups
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CECO Environmental income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 10.9M | 8.8M | 7.0M | 10.6M | 12.5M | 13.1M | |
| Interest Expense | 5.4M | 3.5M | 3.0M | 5.4M | 13.4M | 14.1M | |
| Total Revenue | 341.9M | 316.0M | 324.1M | 422.6M | 544.8M | 572.1M | |
| Gross Profit | 114.1M | 105.1M | 100.9M | 128.2M | 162.8M | 171.0M | |
| Other Operating Expenses | 322.2M | 296.6M | 312.8M | 394.7M | 505.0M | 530.2M | |
| Operating Income | 18.0M | 21.4M | 9.9M | 34.9M | 39.9M | 41.9M | |
| Ebit | 18.0M | 21.4M | 9.9M | 34.9M | 39.9M | 41.9M | |
| Ebitda | 28.9M | 30.2M | 16.9M | 45.5M | 52.4M | 55.0M | |
| Cost Of Revenue | 227.8M | 210.9M | 223.2M | 294.4M | 382.0M | 401.1M | |
| Total Operating Expenses | 94.5M | 85.7M | 89.6M | 100.3M | 122.9M | 129.1M | |
| Income Before Tax | 13.3M | 11.8M | 4.7M | 23.7M | 21.5M | 22.6M | |
| Total Other Income Expense Net | (4.6M) | (9.6M) | (5.2M) | (11.2M) | (18.4M) | (17.4M) | |
| Net Income | 17.7M | 8.2M | 2.0M | 17.4M | 12.9M | 13.6M | |
| Income Tax Expense | (4.4M) | 3.7M | 2.7M | 5.4M | 7.0M | 7.4M | |
| Selling General Administrative | 86.0M | 76.9M | 81.1M | 93.0M | 122.3M | 161.1M | |
| Tax Provision | (4.4M) | 3.7M | 2.7M | 5.4M | 7.0M | 4.4M | |
| Net Interest Income | (5.4M) | (3.5M) | (3.0M) | (5.4M) | (13.4M) | (12.7M) | |
| Net Income From Continuing Ops | 17.7M | 8.2M | 2.0M | 18.3M | 14.5M | 9.8M | |
| Reconciled Depreciation | 10.6M | 9.9M | 9.9M | 10.6M | 12.5M | 8.9M | |
| Net Income Applicable To Common Shares | 17.7M | 8.2M | 1.4M | 17.4M | 20.0M | 21.0M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in CECO Environmental Corp. 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. Note that the CECO Environmental Corp information on this page should be used as a complementary analysis to other CECO Environmental'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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Is CECO Environmental'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 CECO Environmental. If investors know CECO 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 CECO Environmental 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 (0.30) | Earnings Share 0.35 | Revenue Per Share 16.068 | Quarterly Revenue Growth 0.122 | Return On Assets 0.0457 |
The market value of CECO Environmental Corp is measured differently than its book value, which is the value of CECO that is recorded on the company's balance sheet. Investors also form their own opinion of CECO Environmental's value that differs from its market value or its book value, called intrinsic value, which is CECO Environmental'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 CECO Environmental's market value can be influenced by many factors that don't directly affect CECO Environmental'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 CECO Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CECO Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CECO Environmental'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.