APA Historical Income Statement
| APA Stock | USD 22.13 0.21 0.96% |
Historical analysis of APA income statement accounts such as Interest Expense of 347.6 M, Selling General Administrative of 231.5 M or Total Revenue of 6.5 B can show how well APA Corporation performed in making a profits. Evaluating APA income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of APA's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining APA Corporation 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 APA Corporation is a good buy for the upcoming year.
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About APA Income Statement Analysis
APA Corporation 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 APA shareholders. The income statement also shows APA 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).
APA Income Statement Chart
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Total Revenue
Total revenue comprises all receipts APA Corporation 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 APA Corporation. It is also known as APA 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 APA Corporation income statement and represents the costs associated with goods and services APA 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on APA income statement and is an important metric when analyzing APA Corporation profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from APA's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into APA Corporation 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 APA Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At present, APA's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 4.8 B, whereas Depreciation And Amortization is forecasted to decline to about 1.5 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 620M | 1.0B | 524M | 497.8M | Cost Of Revenue | 4.4B | 4.8B | 2.4B | 3.2B |
APA income statement Correlations
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APA Account Relationship Matchups
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APA income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.7B | 2.1B | 1.6B | 1.6B | 1.8B | 1.5B | |
| Interest Expense | 462M | 267M | 514M | 379M | 331M | 347.6M | |
| Selling General Administrative | 406M | 290M | 376M | 483M | 351M | 231.5M | |
| Total Revenue | 6.3B | 4.4B | 8.0B | 11.1B | 8.3B | 6.5B | |
| Gross Profit | 1.9B | 905M | 3.5B | 6.3B | 5.9B | 3.3B | |
| Other Operating Expenses | 5.9B | 4.3B | 5.1B | 5.8B | 2.9B | 4.8B | |
| Operating Income | (2.3B) | (1.6B) | 1.6B | 4.0B | 5.2B | 5.5B | |
| Ebit | (2.3B) | (4.4B) | 2.3B | 6.1B | 3.2B | 3.4B | |
| Ebitda | 410M | (2.3B) | 3.9B | 7.6B | 5.0B | 2.9B | |
| Cost Of Revenue | 4.4B | 3.5B | 4.4B | 4.8B | 2.4B | 3.2B | |
| Total Operating Expenses | 1.5B | 732M | 620M | 1.0B | 524M | 497.8M | |
| Income Before Tax | (3.0B) | (4.8B) | 1.9B | 5.7B | 2.9B | 3.0B | |
| Total Other Income Expense Net | (738M) | (3.2B) | (801M) | (1.1B) | (2.3B) | (2.2B) | |
| Net Income | (3.7B) | (4.9B) | 1.1B | 3.6B | 2.9B | 3.0B | |
| Income Tax Expense | 674M | 64M | 578M | 1.7B | (324M) | (307.8M) | |
| Net Income Applicable To Common Shares | (3.6B) | (4.9B) | 1.1B | 3.5B | 3.2B | 3.3B | |
| Minority Interest | 205M | 120M | 340M | (478M) | (352M) | (334.4M) | |
| Net Income From Continuing Ops | (2.3B) | (4.9B) | 1.4B | 4.1B | 3.2B | 3.4B | |
| Non Recurring | (805M) | 4.8B | 357M | 172M | 197.8M | 187.9M | |
| Tax Provision | 674M | 64M | 578M | 1.7B | (324M) | (307.8M) | |
| Net Interest Income | (387M) | (427M) | (514M) | (312M) | (321M) | (337.1M) | |
| Interest Income | 22M | 13M | 7M | 10M | 9M | 9.7M | |
| Reconciled Depreciation | 2.7B | 1.8B | 1.4B | 1.2B | 1.5B | 1.5B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA'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 Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Oil & Gas Exploration & Production 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 APA. If investors know APA 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 APA 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 0.186 | Dividend Share 1 | Earnings Share 7.04 | Revenue Per Share 26.553 | Quarterly Revenue Growth 0.104 |
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA'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 APA's market value can be influenced by many factors that don't directly affect APA'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 APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA'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.