Strattec Historical Income Statement
| STRT Stock | USD 23.05 0.01 0.04% |
Historical analysis of Strattec Security income statement accounts such as EBITDA of 11.8 M, Cost Of Revenue of 544.3 M, Total Operating Expenses of 34.6 M or Income Tax Expense of 1.1 M can show how well Strattec Security performed in making a profits. Evaluating Strattec Security income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Strattec Security's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Strattec Security 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 Strattec Security is a good buy for the upcoming year.
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About Strattec Income Statement Analysis
Strattec Security 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 Strattec Security shareholders. The income statement also shows Strattec 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).
Strattec Security Income Statement Chart
Strattec Security Income Statement is one of the three primary financial statements used for reporting Strattec's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Strattec Security revenue and expense. Strattec Security Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Strattec Security's Gross Profit is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 544.3 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 287.5 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Strattec Security 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 Strattec Security minus its cost of goods sold. It is profit before Strattec Security 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 Strattec Security. It is also known as Strattec Security 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 Strattec Security's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Strattec Security 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 Strattec Security. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Strattec Stock please use our How to Invest in Strattec Security guide.At this time, Strattec Security's Gross Profit is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 544.3 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 287.5 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 452.3M | 492.9M | 566.9M | 304.1M | Depreciation And Amortization | 20.0M | 17.5M | 20.1M | 10.6M |
Strattec Security income statement Correlations
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Strattec Security Account Relationship Matchups
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Strattec Security income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 19.3M | 21.2M | 20.0M | 17.5M | 20.1M | 10.6M | |
| Total Revenue | 385.3M | 485.3M | 452.3M | 492.9M | 566.9M | 304.1M | |
| Gross Profit | 35.4M | 78.7M | 56.0M | 42.2M | 48.5M | 51.2M | |
| Other Operating Expenses | 394.0M | 451.4M | 443.4M | 499.0M | 573.9M | 287.5M | |
| Operating Income | (7.2M) | 33.9M | 8.9M | (6.1M) | (5.5M) | (5.2M) | |
| Ebit | (7.2M) | 33.9M | 8.9M | (6.7M) | (6.0M) | (5.7M) | |
| Ebitda | 12.1M | 55.1M | 28.9M | 10.8M | 12.4M | 11.8M | |
| Cost Of Revenue | 349.9M | 406.6M | 396.2M | 450.8M | 518.4M | 544.3M | |
| Total Operating Expenses | 44.1M | 44.7M | 47.1M | 48.2M | 55.5M | 34.6M | |
| Income Before Tax | (8.1M) | 35.0M | 9.3M | (7.7M) | (6.9M) | (6.6M) | |
| Total Other Income Expense Net | (920K) | 1.1M | 383K | (619K) | (557.1K) | (585.0K) | |
| Net Income | (5.9M) | 22.5M | 7.0M | (6.7M) | (6.0M) | (5.7M) | |
| Income Tax Expense | (2.3M) | 5.1M | 420K | 1.3M | 1.2M | 1.1M | |
| Interest Expense | 920K | 302K | 221K | 960K | 1.1M | 1.2M | |
| Selling General Administrative | 44.1M | 44.7M | 47.1M | 48.2M | 55.5M | 58.3M | |
| Research Development | 9.8M | 10.8M | 12.2M | 15.9M | 18.3M | 19.2M | |
| Net Income Applicable To Common Shares | (7.6M) | 22.5M | 7.0M | (6.7M) | (6.0M) | (5.7M) | |
| Minority Interest | 23.2M | 31.8M | (1.8M) | 2.3M | 2.6M | 2.5M | |
| Net Income From Continuing Ops | (5.9M) | 29.9M | 8.9M | (8.9M) | (8.1M) | (7.7M) | |
| Non Operating Income Net Other | 5.6M | 2.4M | 1.5M | 1.4M | 1.6M | 1.8M | |
| Tax Provision | (2.3M) | 5.1M | 420K | 1.3M | 1.2M | 1.6M | |
| Net Interest Income | (920K) | (302K) | (221K) | (960K) | (864K) | (907.2K) | |
| Reconciled Depreciation | 19.3M | 19.8M | 19.4M | 17.5M | 20.1M | 18.7M |
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 Strattec Security 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, Strattec Security's short interest history, or implied volatility extrapolated from Strattec Security options trading.
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When determining whether Strattec Security is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Strattec Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Strattec Security Stock. Highlighted below are key reports to facilitate an investment decision about Strattec Security Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Strattec Security. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Strattec Stock please use our How to Invest in Strattec Security guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running Strattec Security's price analysis, check to measure Strattec Security'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 Strattec Security is operating at the current time. Most of Strattec Security's value examination focuses on studying past and present price action to predict the probability of Strattec Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strattec Security's price. Additionally, you may evaluate how the addition of Strattec Security to your portfolios can decrease your overall portfolio volatility.
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Is Strattec Security'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 Strattec Security. If investors know Strattec 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 Strattec Security 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 34 | Earnings Share 0.04 | Revenue Per Share 130.108 | Quarterly Revenue Growth 0.047 | Return On Assets 0.0083 |
The market value of Strattec Security is measured differently than its book value, which is the value of Strattec that is recorded on the company's balance sheet. Investors also form their own opinion of Strattec Security's value that differs from its market value or its book value, called intrinsic value, which is Strattec Security'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 Strattec Security's market value can be influenced by many factors that don't directly affect Strattec Security'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 Strattec Security's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strattec Security is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strattec Security'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.