CF Industries Historical Income Statement
| CF Stock | USD 74.99 0.48 0.64% |
Historical analysis of CF Industries income statement accounts such as Selling General Administrative of 153.6 M or Total Revenue of 4.5 B can show how well CF Industries Holdings performed in making a profits. Evaluating CF Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CF Industries's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CF Industries Holdings 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 CF Industries Holdings is a good buy for the upcoming year.
CF Industries |
About CF Industries Income Statement Analysis
CF Industries Holdings 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 CF Industries shareholders. The income statement also shows CF Industries 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).
CF Industries Income Statement Chart
CF Industries Holdings Income Statement is one of the three primary financial statements used for reporting CF Industries's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CF Industries Holdings revenue and expense. CF Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CF Industries' Tax Provision is most likely to increase significantly in the upcoming years. The CF Industries' current Net Interest Income is estimated to increase to about 35.7 M, while Selling General Administrative is projected to decrease to roughly 153.6 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts CF Industries Holdings 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 CF Industries Holdings. It is also known as CF Industries 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 CF Industries Holdings income statement and represents the costs associated with goods and services CF Industries 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.Most accounts from CF Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CF Industries Holdings 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 CF Industries Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. At this time, CF Industries' Tax Provision is most likely to increase significantly in the upcoming years. The CF Industries' current Net Interest Income is estimated to increase to about 35.7 M, while Selling General Administrative is projected to decrease to roughly 153.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 184M | 300M | 289M | 180.2M | Cost Of Revenue | 4.2B | 5.3B | 4.1B | 3.0B |
CF Industries income statement Correlations
Click cells to compare fundamentals
CF Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CF Industries income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 237M | 179M | 184M | 344M | 150M | 135.3M | |
| Selling General Administrative | 239M | 206M | 223M | 290M | 289M | 153.6M | |
| Total Revenue | 4.6B | 4.1B | 6.5B | 11.2B | 6.6B | 4.5B | |
| Gross Profit | 1.2B | 801M | 2.4B | 5.9B | 2.5B | 1.5B | |
| Other Operating Expenses | 3.6B | 3.5B | 4.3B | 5.6B | 4.4B | 3.2B | |
| Operating Income | 1.0B | 623M | 1.7B | 5.4B | 2.2B | 1.3B | |
| Ebit | 1.0B | 623M | 1.7B | 5.4B | 2.2B | 1.3B | |
| Ebitda | 1.9B | 1.5B | 3.2B | 6.6B | 3.1B | 1.8B | |
| Cost Of Revenue | 3.4B | 3.3B | 4.2B | 5.3B | 4.1B | 3.0B | |
| Total Operating Expenses | 166M | 189M | 184M | 300M | 289M | 180.2M | |
| Income Before Tax | 772M | 463M | 1.5B | 5.1B | 2.2B | 1.2B | |
| Total Other Income Expense Net | (231M) | (160M) | (186M) | (302M) | 31M | 32.6M | |
| Net Income | 493M | 432M | 1.3B | 3.3B | 1.5B | 769.2M | |
| Income Tax Expense | 126M | 31M | 283M | 1.2B | 410M | 227.3M | |
| Minority Interest | 153M | 115M | (343M) | (591M) | (384M) | (364.8M) | |
| Depreciation And Amortization | 902M | 911M | 1.4B | 1.2B | 869M | 594.9M | |
| Net Income Applicable To Common Shares | 493M | 317M | 917M | 3.3B | 3.8B | 4.0B | |
| Net Income From Continuing Ops | 646M | 432M | 1.3B | 3.9B | 2.5B | 1.3B | |
| Non Operating Income Net Other | 20M | 19M | (2M) | 42M | 37.8M | 21.6M | |
| Tax Provision | 126M | 31M | 283M | 1.2B | 571M | 599.6M | |
| Interest Income | 20M | 161M | 183M | 65M | 124M | 84.6M | |
| Net Interest Income | (217M) | (161M) | (183M) | (279M) | 34M | 35.7M | |
| Reconciled Depreciation | 888M | 875M | 892M | 850M | 838M | 698.7M |
Pair Trading with CF Industries
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 CF Industries 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 CF Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with CF Industries Stock
| 0.65 | ICL | ICL Israel Chemicals | PairCorr |
Moving against CF Industries Stock
| 0.47 | EU | enCore Energy Corp | PairCorr |
The ability to find closely correlated positions to CF Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CF Industries 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 CF Industries - 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 CF Industries Holdings to buy it.
The correlation of CF Industries 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 CF Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CF Industries Holdings 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 CF Industries 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CF Industries Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. Note that the CF Industries Holdings information on this page should be used as a complementary analysis to other CF Industries' 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for CF Industries Stock analysis
When running CF Industries' price analysis, check to measure CF Industries' 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 CF Industries is operating at the current time. Most of CF Industries' value examination focuses on studying past and present price action to predict the probability of CF Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CF Industries' price. Additionally, you may evaluate how the addition of CF Industries to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
Is CF Industries' 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 CF Industries. If investors know CF Industries 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 CF Industries 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 (0.64) | Dividend Share 1.7 | Earnings Share 6.05 | Revenue Per Share 31.855 | Quarterly Revenue Growth (0.27) |
The market value of CF Industries Holdings is measured differently than its book value, which is the value of CF Industries that is recorded on the company's balance sheet. Investors also form their own opinion of CF Industries' value that differs from its market value or its book value, called intrinsic value, which is CF Industries' 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 CF Industries' market value can be influenced by many factors that don't directly affect CF Industries' 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 CF Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if CF Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CF Industries' 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.