Solaris Historical Income Statement
| SOI Stock | USD 9.64 1.18 13.95% |
Historical analysis of Solaris Oilfield income statement accounts such as Selling General Administrative of 17.8 M, Total Revenue of 172.8 M, Gross Profit of 58.3 M or Other Operating Expenses of 134.2 M can show how well Solaris Oilfield Infrastructure performed in making a profits. Evaluating Solaris Oilfield income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Solaris Oilfield's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Solaris Oilfield Inf 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 Solaris Oilfield Inf is a good buy for the upcoming year.
Solaris |
About Solaris Income Statement Analysis
Solaris Oilfield Inf 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 Solaris Oilfield shareholders. The income statement also shows Solaris 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).
Solaris Oilfield Income Statement Chart
Solaris Oilfield Infrastructure Income Statement is one of the three primary financial statements used for reporting Solaris's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Solaris Oilfield Inf revenue and expense. Solaris Oilfield Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Solaris Oilfield's Interest Expense is increasing as compared to previous years. The Solaris Oilfield's current Net Income Applicable To Common Shares is estimated to increase to about 25.5 M, while Tax Provision is projected to decrease to under 5 M. Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Solaris Oilfield Inf 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 Solaris Oilfield Infrastructure minus its cost of goods sold. It is profit before Solaris Oilfield 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 Solaris Oilfield Inf. It is also known as Solaris Oilfield 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 Solaris Oilfield's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Solaris Oilfield Inf 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Solaris Oilfield Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. As of now, Solaris Oilfield's Interest Expense is increasing as compared to previous years. The Solaris Oilfield's current Net Income Applicable To Common Shares is estimated to increase to about 25.5 M, while Tax Provision is projected to decrease to under 5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 27.2M | 30.4M | 36.2M | 21.9M | Interest Income | 247K | 489K | 562.4K | 281.6K |
Solaris Oilfield income statement Correlations
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Solaris Oilfield Account Relationship Matchups
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Solaris Oilfield income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 16.9M | (9.0M) | 626K | 7.8M | 8.4M | 5.0M | |
| Interest Income | 634K | 162K | 247K | 489K | 562.4K | 281.6K | |
| Depreciation And Amortization | 26.9M | 27.0M | 27.2M | 30.4M | 36.2M | 21.9M | |
| Interest Expense | 634K | 162K | 247K | 489K | 3.3M | 3.5M | |
| Selling General Administrative | 18.6M | 16.5M | 19.3M | 23.1M | 25.6M | 17.8M | |
| Total Revenue | 241.7M | 103.0M | 159.2M | 320.0M | 292.9M | 172.8M | |
| Gross Profit | 127.1M | 10.2M | 16.5M | 69.8M | 78.9M | 58.3M | |
| Other Operating Expenses | 133.8M | 115.0M | 159.6M | 278.2M | 241.2M | 134.2M | |
| Operating Income | 107.9M | 35.8M | (387K) | 41.8M | 51.7M | 44.4M | |
| Net Income From Continuing Ops | 90.4M | (51.1M) | (1.3M) | 33.5M | 39.8M | 27.0M | |
| Ebit | 107.9M | 35.8M | (387K) | 41.8M | 51.7M | 47.2M | |
| Ebitda | 134.9M | 62.8M | 26.8M | 72.2M | 87.9M | 69.1M | |
| Cost Of Revenue | 114.6M | 92.8M | 142.7M | 250.2M | 214.0M | 114.5M | |
| Total Operating Expenses | 19.2M | 22.3M | 16.9M | 28.0M | 27.2M | 19.8M | |
| Income Before Tax | 107.3M | (60.1M) | (634K) | 41.3M | 46.6M | 34.6M | |
| Total Other Income Expense Net | (634K) | (95.8M) | (247K) | (489K) | (5.1M) | (5.4M) | |
| Net Income Applicable To Common Shares | 50.9M | (29.3M) | (868K) | 21.2M | 24.3M | 25.5M | |
| Net Income | 90.4M | (51.1M) | (1.3M) | 33.5M | 24.3M | 17.5M | |
| Income Tax Expense | 16.9M | (9.0M) | 626K | 7.8M | 7.8M | 5.6M | |
| Minority Interest | 145.8M | (21.8M) | 392K | (12.4M) | (15.0M) | (14.2M) | |
| Net Interest Income | (634K) | (162K) | (247K) | (489K) | (2.6M) | (2.4M) | |
| Reconciled Depreciation | 26.9M | 27.0M | 27.2M | 30.4M | 35.3M | 27.0M |
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 Solaris Oilfield 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, Solaris Oilfield's short interest history, or implied volatility extrapolated from Solaris Oilfield options trading.
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When determining whether Solaris Oilfield Inf offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solaris Oilfield's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Solaris Oilfield Infrastructure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solaris Oilfield Infrastructure Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solaris Oilfield Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Solaris Stock analysis
When running Solaris Oilfield's price analysis, check to measure Solaris Oilfield'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 Solaris Oilfield is operating at the current time. Most of Solaris Oilfield's value examination focuses on studying past and present price action to predict the probability of Solaris Oilfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solaris Oilfield's price. Additionally, you may evaluate how the addition of Solaris Oilfield to your portfolios can decrease your overall portfolio volatility.
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Is Solaris Oilfield'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 Solaris Oilfield. If investors know Solaris 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 Solaris Oilfield 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 (0.39) | Dividend Share 0.46 | Earnings Share 0.78 | Revenue Per Share 9.578 | Quarterly Revenue Growth (0.18) |
The market value of Solaris Oilfield Inf is measured differently than its book value, which is the value of Solaris that is recorded on the company's balance sheet. Investors also form their own opinion of Solaris Oilfield's value that differs from its market value or its book value, called intrinsic value, which is Solaris Oilfield'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 Solaris Oilfield's market value can be influenced by many factors that don't directly affect Solaris Oilfield'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 Solaris Oilfield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solaris Oilfield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solaris Oilfield'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.