Harmony Historical Income Statement

HMY Stock  USD 11.78  0.33  2.88%   
Historical analysis of Harmony Gold income statement accounts such as Total Revenue of 59.5 B or Gross Profit of 11.8 B can show how well Harmony Gold Mining performed in making a profits. Evaluating Harmony Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Harmony Gold's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Harmony Gold Mining 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 Harmony Gold Mining is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmony Gold Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Harmony Income Statement Analysis

Harmony Gold Mining 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 Harmony Gold shareholders. The income statement also shows Harmony 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).

Harmony Gold Income Statement Chart

At this time, Harmony Gold's Income Tax Expense is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 5.8 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 214.3 M in 2024.

Total Revenue

Total revenue comprises all receipts Harmony Gold Mining 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 Harmony Gold Mining. It is also known as Harmony Gold 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 Harmony Gold Mining income statement and represents the costs associated with goods and services Harmony Gold 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Harmony Gold income statement and is an important metric when analyzing Harmony Gold Mining 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.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Harmony Gold Mining whose combined shares represent less than 50% of the total outstanding shares issued by Harmony Gold have a minority interest in Harmony Gold.
Most accounts from Harmony Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Harmony Gold Mining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmony Gold Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Harmony Gold's Income Tax Expense is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 5.8 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 214.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.2B1.8B2.1B1.1B
Cost Of Revenue41.9B39.5B45.5B47.7B

Harmony Gold income statement Correlations

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-0.60.980.820.950.720.760.740.950.590.71-0.060.650.81-0.660.880.580.770.890.83-0.880.83
-0.550.980.810.980.690.740.730.980.660.730.060.670.8-0.610.930.60.790.90.84-0.920.82
-0.530.820.810.670.950.970.970.660.460.960.110.940.93-0.570.610.380.890.910.59-0.830.56
-0.50.950.980.670.530.590.571.00.680.580.050.510.68-0.570.960.630.690.810.84-0.860.84
-0.50.720.690.950.530.950.950.530.340.93-0.040.920.86-0.660.460.280.770.820.5-0.760.43
-0.60.760.740.970.590.950.960.590.40.950.130.930.89-0.50.550.270.820.840.61-0.780.56
-0.40.740.730.970.570.950.960.570.440.940.090.930.89-0.540.530.370.830.830.47-0.750.43
-0.510.950.980.661.00.530.590.570.670.570.040.510.68-0.570.950.620.680.810.85-0.860.84
-0.090.590.660.460.680.340.40.440.670.450.350.420.48-0.250.660.770.570.520.56-0.60.46
-0.520.710.730.960.580.930.950.940.570.450.320.990.89-0.40.540.290.90.860.54-0.790.51
-0.07-0.060.060.110.05-0.040.130.090.040.350.320.330.10.640.13-0.030.350.120.1-0.120.15
-0.480.650.670.940.510.920.930.930.510.420.990.330.83-0.370.460.260.850.80.49-0.750.45
-0.510.810.80.930.680.860.890.890.680.480.890.10.83-0.530.690.370.890.920.58-0.810.57
0.3-0.66-0.61-0.57-0.57-0.66-0.5-0.54-0.57-0.25-0.40.64-0.37-0.53-0.46-0.33-0.37-0.54-0.440.65-0.31
-0.470.880.930.610.960.460.550.530.950.660.540.130.460.69-0.460.550.70.810.79-0.820.81
0.060.580.60.380.630.280.270.370.620.770.29-0.030.260.37-0.330.550.340.460.44-0.390.41
-0.490.770.790.890.690.770.820.830.680.570.90.350.850.89-0.370.70.340.90.58-0.820.6
-0.540.890.90.910.810.820.840.830.810.520.860.120.80.92-0.540.810.460.90.69-0.860.7
-0.780.830.840.590.840.50.610.470.850.560.540.10.490.58-0.440.790.440.580.69-0.810.93
0.59-0.88-0.92-0.83-0.86-0.76-0.78-0.75-0.86-0.6-0.79-0.12-0.75-0.810.65-0.82-0.39-0.82-0.86-0.81-0.7
-0.820.830.820.560.840.430.560.430.840.460.510.150.450.57-0.310.810.410.60.70.93-0.7
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Harmony Gold Account Relationship Matchups

Harmony Gold income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization226.9M260.1M250.9M196.1M225.6M214.3M
Total Revenue29.2B41.7B42.6B49.3B56.7B59.5B
Gross Profit3.3B6.1B718M9.7B11.2B11.8B
Other Operating Expenses26.9B37.5B43.1B41.4B47.6B49.9B
Operating Income(358M)475M(481M)7.1B6.4B6.7B
Ebit2.2B4.1B(668.9M)7.8B7.0B7.4B
Ebitda2.4B4.4B(418M)8.0B9.2B9.6B
Cost Of Revenue25.9B35.7B41.9B39.5B45.5B47.7B
Total Operating Expenses1.0B1.8B1.2B1.8B2.1B1.1B
Income Before Tax(595M)6.7B(1.1B)6.6B7.6B8.0B
Total Other Income Expense Net(237M)6.3B(577M)(322M)(370.3M)(351.8M)
Net Income(850M)5.1B(1.0B)4.8B5.5B5.8B
Income Tax Expense255M1.2B(46M)1.7B2.0B2.1B
Net Income Applicable To Common Shares(878M)5.6B(1.1B)4.8B5.5B5.8B
Selling General Administrative611M1.1B984M1.0B1.2B1.3B
Net Income From Continuing Ops(56M)5.6B(1.0B)4.9B5.6B5.9B
Tax Provision255M1.2B(46M)1.7B2.0B2.1B
Interest Income192M247M303M274M315.1M161.3M
Net Interest Income(42M)(661M)(718M)(994M)(894.6M)(849.9M)
Reconciled Depreciation3.5B3.9B3.7B3.5B4.0B3.7B

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Additional Tools for Harmony Stock Analysis

When running Harmony Gold's price analysis, check to measure Harmony Gold'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 Harmony Gold is operating at the current time. Most of Harmony Gold's value examination focuses on studying past and present price action to predict the probability of Harmony Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Gold's price. Additionally, you may evaluate how the addition of Harmony Gold to your portfolios can decrease your overall portfolio volatility.