AMCON Historical Income Statement
| DIT Stock | USD 157.90 5.48 3.35% |
Historical analysis of AMCON Distributing income statement accounts such as Selling General Administrative of 165.8 M or Total Revenue of 3.1 B can show how well AMCON Distributing performed in making a profits. Evaluating AMCON Distributing income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AMCON Distributing's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AMCON Distributing 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 AMCON Distributing is a good buy for the upcoming year.
AMCON |
About AMCON Income Statement Analysis
AMCON Distributing 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 AMCON Distributing shareholders. The income statement also shows AMCON 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).
AMCON Distributing Income Statement Chart
AMCON Distributing Income Statement is one of the three primary financial statements used for reporting AMCON's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AMCON Distributing revenue and expense. AMCON Distributing Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AMCON Distributing's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 2.9 B in 2024, whereas Tax Provision is likely to drop slightly above 4 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts AMCON Distributing 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 AMCON Distributing minus its cost of goods sold. It is profit before AMCON Distributing 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 AMCON Distributing. It is also known as AMCON Distributing 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 AMCON Distributing's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AMCON Distributing 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AMCON Distributing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.At this time, AMCON Distributing's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 2.9 B in 2024, whereas Tax Provision is likely to drop slightly above 4 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 127.7M | 170.8M | 196.5M | 206.3M | Total Revenue | 2.0B | 2.5B | 2.9B | 3.1B |
AMCON Distributing income statement Correlations
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AMCON Distributing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AMCON Distributing income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 3.7M | 3.3M | 4.8M | 7.6M | 8.7M | 9.1M | |
| Interest Expense | 1.7M | 1.3M | 2.2M | 8.6M | 9.8M | 10.3M | |
| Selling General Administrative | 75.1M | 79.6M | 101.5M | 137.3M | 157.9M | 165.8M | |
| Total Revenue | 1.5B | 1.7B | 2.0B | 2.5B | 2.9B | 3.1B | |
| Gross Profit | 87.7M | 100.5M | 127.7M | 170.8M | 196.5M | 206.3M | |
| Other Operating Expenses | 1.5B | 1.7B | 2.0B | 2.5B | 2.9B | 3.0B | |
| Operating Income | 9.1M | 17.8M | 22.6M | 26.0M | 29.9M | 31.4M | |
| Ebit | 9.1M | 17.8M | 22.6M | 25.9M | 29.7M | 31.2M | |
| Ebitda | 12.8M | 21.1M | 27.4M | 33.4M | 38.4M | 40.4M | |
| Cost Of Revenue | 1.4B | 1.6B | 1.9B | 2.4B | 2.7B | 2.9B | |
| Total Operating Expenses | 78.2M | 82.7M | 105.1M | 144.9M | 166.6M | 174.9M | |
| Income Before Tax | 7.5M | 16.7M | 21.5M | 17.3M | 19.9M | 20.9M | |
| Total Other Income Expense Net | (1.6M) | (1.1M) | (1.1M) | (113.8K) | (102.4K) | (107.5K) | |
| Net Income | 5.5M | 12.2M | 16.7M | 11.6M | 13.3M | 14.0M | |
| Income Tax Expense | 2.1M | 4.5M | 6.5M | 5.7M | 6.6M | 6.9M | |
| Net Income Applicable To Common Shares | 3.2M | 5.5M | 15.5M | 16.7M | 19.2M | 20.1M | |
| Net Income From Continuing Ops | 5.4M | 15.5M | 16.7M | 11.6M | 13.3M | 8.3M | |
| Non Operating Income Net Other | 54.0K | 61.1K | 297.9K | 2.8M | 3.2M | 3.4M | |
| Tax Provision | 2.1M | 4.5M | 6.5M | 5.7M | 6.6M | 4.0M | |
| Interest Income | 1.6M | 1.7M | 1.3M | 2.2M | 2.6M | 1.4M | |
| Net Interest Income | (1.7M) | (1.3M) | (2.2M) | (8.6M) | (7.7M) | (7.3M) | |
| Reconciled Depreciation | 3.1M | 3.1M | 3.6M | 7.6M | 8.7M | 9.1M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AMCON Distributing in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AMCON Distributing's short interest history, or implied volatility extrapolated from AMCON Distributing options trading.
Pair Trading with AMCON Distributing
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AMCON Distributing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AMCON Distributing will appreciate offsetting losses from the drop in the long position's value.Moving against AMCON Stock
| 0.88 | LE | Lands End Financial Report 6th of June 2024 | PairCorr |
| 0.78 | JD | JD Inc Adr Financial Report 9th of May 2024 | PairCorr |
| 0.65 | AN | AutoNation | PairCorr |
| 0.59 | EDUC | Educational Development Report 9th of May 2024 | PairCorr |
| 0.57 | EBAY | eBay Inc | PairCorr |
The ability to find closely correlated positions to AMCON Distributing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMCON Distributing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AMCON Distributing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AMCON Distributing to buy it.
The correlation of AMCON Distributing is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AMCON Distributing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMCON Distributing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AMCON Distributing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AMCON Distributing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for AMCON Stock analysis
When running AMCON Distributing's price analysis, check to measure AMCON Distributing'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 AMCON Distributing is operating at the current time. Most of AMCON Distributing's value examination focuses on studying past and present price action to predict the probability of AMCON Distributing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMCON Distributing's price. Additionally, you may evaluate how the addition of AMCON Distributing to your portfolios can decrease your overall portfolio volatility.
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Is AMCON Distributing'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 AMCON Distributing. If investors know AMCON 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 AMCON Distributing 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 (0.74) | Dividend Share 0.72 | Earnings Share 14.18 | Revenue Per Share 3.5 K | Quarterly Revenue Growth 0.045 |
The market value of AMCON Distributing is measured differently than its book value, which is the value of AMCON that is recorded on the company's balance sheet. Investors also form their own opinion of AMCON Distributing's value that differs from its market value or its book value, called intrinsic value, which is AMCON Distributing'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 AMCON Distributing's market value can be influenced by many factors that don't directly affect AMCON Distributing'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 AMCON Distributing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMCON Distributing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMCON Distributing'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.