AngioDynamics Historical Income Statement

ANGO Stock  USD 7.44  0.24  3.33%   
Historical analysis of AngioDynamics income statement accounts such as Interest Expense of 1.7 M, Total Revenue of 246.7 M or Gross Profit of 130.7 M can show how well AngioDynamics performed in making a profits. Evaluating AngioDynamics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AngioDynamics's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining AngioDynamics 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 AngioDynamics is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AngioDynamics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in AngioDynamics Stock, please use our How to Invest in AngioDynamics guide.

About AngioDynamics Income Statement Analysis

AngioDynamics 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 AngioDynamics shareholders. The income statement also shows AngioDynamics 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).

AngioDynamics Income Statement Chart

At this time, AngioDynamics' Interest Expense is very stable compared to the past year. As of the 12th of November 2024, Net Interest Income is likely to grow to about 1.7 M, while Depreciation And Amortization is likely to drop about 18.5 M.

Total Revenue

Total revenue comprises all receipts AngioDynamics 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 AngioDynamics minus its cost of goods sold. It is profit before AngioDynamics 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 AngioDynamics. It is also known as AngioDynamics 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.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from AngioDynamics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AngioDynamics 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 AngioDynamics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in AngioDynamics Stock, please use our How to Invest in AngioDynamics guide.At this time, AngioDynamics' Interest Expense is very stable compared to the past year. As of the 12th of November 2024, Net Interest Income is likely to grow to about 1.7 M, while Depreciation And Amortization is likely to drop about 18.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit165.7M174.2M141.7M130.7M
Total Revenue316.2M338.8M303.9M246.7M

AngioDynamics income statement Correlations

0.520.830.790.89-0.060.00.780.180.850.870.010.01-0.010.130.780.84-0.02-0.180.00.20.02-0.20.240.320.36
0.520.70.650.570.60.680.280.780.720.370.440.260.420.230.140.320.33-0.77-0.30.18-0.510.57-0.25-0.18-0.23
0.830.70.980.970.230.330.80.490.990.880.170.080.150.180.640.830.12-0.37-0.130.21-0.130.080.050.050.13
0.790.650.980.960.240.340.830.490.940.90.170.070.160.140.660.820.12-0.31-0.050.17-0.140.060.10.040.18
0.890.570.970.960.040.140.890.310.960.960.01-0.05-0.010.130.780.93-0.02-0.2-0.030.180.03-0.120.210.190.3
-0.060.60.230.240.040.93-0.180.890.22-0.150.860.70.840.25-0.37-0.30.79-0.73-0.350.15-0.890.89-0.69-0.67-0.56
0.00.680.330.340.140.93-0.090.980.32-0.050.810.610.790.28-0.33-0.180.7-0.8-0.390.19-0.860.94-0.64-0.6-0.54
0.780.280.80.830.89-0.18-0.090.060.750.96-0.17-0.2-0.17-0.070.860.89-0.20.080.170.00.25-0.360.480.240.57
0.180.780.490.490.310.890.980.060.480.120.780.590.760.3-0.18-0.020.67-0.83-0.390.22-0.830.89-0.57-0.52-0.47
0.850.720.990.940.960.220.320.750.480.840.160.080.140.210.610.820.12-0.41-0.190.24-0.110.090.00.060.07
0.870.370.880.90.96-0.15-0.050.960.120.84-0.14-0.16-0.140.040.880.96-0.170.030.130.110.17-0.310.410.310.51
0.010.440.170.170.010.860.81-0.170.780.16-0.140.960.990.26-0.38-0.270.96-0.59-0.630.18-0.90.79-0.65-0.39-0.49
0.010.260.080.07-0.050.70.61-0.20.590.08-0.160.960.950.25-0.39-0.270.97-0.43-0.680.17-0.790.62-0.62-0.25-0.47
-0.010.420.150.16-0.010.840.79-0.170.760.14-0.140.990.950.11-0.37-0.280.97-0.57-0.630.03-0.880.77-0.6-0.37-0.45
0.130.230.180.140.130.250.28-0.070.30.210.040.260.250.11-0.140.030.14-0.24-0.120.98-0.320.29-0.39-0.21-0.37
0.780.140.640.660.78-0.37-0.330.86-0.180.610.88-0.38-0.39-0.37-0.140.87-0.420.340.32-0.010.41-0.540.70.440.79
0.840.320.830.820.93-0.3-0.180.89-0.020.820.96-0.27-0.27-0.280.030.87-0.290.10.080.10.31-0.40.470.470.52
-0.020.330.120.12-0.020.790.7-0.20.670.12-0.170.960.970.970.14-0.42-0.29-0.55-0.640.05-0.830.68-0.71-0.38-0.56
-0.18-0.77-0.37-0.31-0.2-0.73-0.80.08-0.83-0.410.03-0.59-0.43-0.57-0.240.340.1-0.550.34-0.120.67-0.780.670.50.63
0.0-0.3-0.13-0.05-0.03-0.35-0.390.17-0.39-0.190.13-0.63-0.68-0.63-0.120.320.08-0.640.34-0.060.35-0.460.38-0.120.39
0.20.180.210.170.180.150.190.00.220.240.110.180.170.030.98-0.010.10.05-0.12-0.06-0.220.18-0.28-0.14-0.26
0.02-0.51-0.13-0.140.03-0.89-0.860.25-0.83-0.110.17-0.9-0.79-0.88-0.320.410.31-0.830.670.35-0.22-0.870.670.490.51
-0.20.570.080.06-0.120.890.94-0.360.890.09-0.310.790.620.770.29-0.54-0.40.68-0.78-0.460.18-0.87-0.68-0.6-0.61
0.24-0.250.050.10.21-0.69-0.640.48-0.570.00.41-0.65-0.62-0.6-0.390.70.47-0.710.670.38-0.280.67-0.680.670.93
0.32-0.180.050.040.19-0.67-0.60.24-0.520.060.31-0.39-0.25-0.37-0.210.440.47-0.380.5-0.12-0.140.49-0.60.670.56
0.36-0.230.130.180.3-0.56-0.540.57-0.470.070.51-0.49-0.47-0.45-0.370.790.52-0.560.630.39-0.260.51-0.610.930.56
Click cells to compare fundamentals

AngioDynamics Account Relationship Matchups

AngioDynamics income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization23.8M26.3M29.5M33.2M27.7M18.5M
Interest Expense907K861K688K2.7M1.6M1.7M
Total Revenue264.2M291.0M316.2M338.8M303.9M246.7M
Gross Profit150.3M156.8M165.7M174.2M141.7M130.7M
Other Operating Expenses278.2M306.0M334.4M357.4M337.8M239.0M
Operating Income(14.2M)(14.9M)(19.0M)(19.2M)(33.8M)(32.2M)
Ebit(14.2M)(15.2M)(19.2M)(21.5M)(33.8M)(32.2M)
Research Development29.7M36.4M30.7M29.9M31.5M21.9M
Ebitda9.6M11.0M10.3M11.6M(6.1M)(5.8M)
Cost Of Revenue113.9M134.2M150.5M164.5M162.3M116.0M
Total Operating Expenses164.3M171.8M183.9M192.9M175.5M123.0M
Income Before Tax(167.1M)(36.1M)(29.9M)(54.4M)(191.6M)(182.1M)
Total Other Income Expense Net(153.0M)(21.2M)(10.9M)(35.2M)(157.8M)(149.9M)
Net Income(165.8M)(31.5M)(26.5M)(52.4M)(184.3M)(175.1M)
Income Tax Expense(1.3M)(4.5M)(3.4M)(2.0M)(7.3M)(6.9M)
Selling General Administrative37.9M35.9M38.5M40.0M41.2M28.3M
Net Income Applicable To Common Shares(166.8M)(31.5M)(26.5M)(52.4M)(47.2M)(44.8M)
Selling And Marketing Expenses78.6M81.3M95.3M104.2M102.8M75.9M
Net Income From Continuing Ops(166.8M)(31.5M)(26.5M)(52.4M)(184.3M)(175.1M)
Non Operating Income Net Other(1.0M)92K(790K)(554K)(637.1K)(669.0K)
Non Recurring153.1M20.3M10.3M32.5M37.4M30.9M
Tax Provision(1.3M)(4.5M)(3.4M)(2.0M)(7.3M)(6.9M)
Net Interest Income(907K)(861K)(688K)(2.7M)1.6M1.7M
Reconciled Depreciation23.8M25.9M29.3M30.9M27.7M29.1M

Pair Trading with AngioDynamics

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 AngioDynamics 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 AngioDynamics will appreciate offsetting losses from the drop in the long position's value.

Moving together with AngioDynamics Stock

  0.62GH Guardant HealthPairCorr

Moving against AngioDynamics Stock

  0.52VNRX Volitionrx Earnings Call TodayPairCorr
  0.49DRIO DarioHealth CorpPairCorr
  0.37ECOR Electrocore LLC Earnings Call TomorrowPairCorr
  0.36MD Mednax IncPairCorr
  0.35DOCS DoximityPairCorr
The ability to find closely correlated positions to AngioDynamics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AngioDynamics 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 AngioDynamics - 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 AngioDynamics to buy it.
The correlation of AngioDynamics 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 AngioDynamics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AngioDynamics 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 AngioDynamics 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.
Pair CorrelationCorrelation Matching
When determining whether AngioDynamics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AngioDynamics' 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 Angiodynamics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angiodynamics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AngioDynamics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in AngioDynamics Stock, please use our How to Invest in AngioDynamics guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Health Care Equipment & Supplies space 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 AngioDynamics. If investors know AngioDynamics 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 AngioDynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.05)
Revenue Per Share
7.249
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.06)
Return On Equity
(0.78)
The market value of AngioDynamics is measured differently than its book value, which is the value of AngioDynamics that is recorded on the company's balance sheet. Investors also form their own opinion of AngioDynamics' value that differs from its market value or its book value, called intrinsic value, which is AngioDynamics' 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 AngioDynamics' market value can be influenced by many factors that don't directly affect AngioDynamics' 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 AngioDynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if AngioDynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AngioDynamics' 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.