SSR Historical Income Statement
SSRM Stock | USD 5.99 0.26 4.54% |
Historical analysis of SSR Mining income statement accounts such as Interest Expense of 8.8 M, Other Operating Expenses of 1.6 B, Total Operating Expenses of 790.7 M or Cost Of Revenue of 1.1 B can show how well SSR Mining performed in making a profits. Evaluating SSR Mining income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SSR Mining's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining SSR 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 SSR Mining is a good buy for the upcoming year.
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About SSR Income Statement Analysis
SSR 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 SSR Mining shareholders. The income statement also shows SSR 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).
SSR Mining Income Statement Chart
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Total Revenue
Total revenue comprises all receipts SSR 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of SSR Mining minus its cost of goods sold. It is profit before SSR Mining 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 SSR Mining. It is also known as SSR Mining 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.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 SSR Mining whose combined shares represent less than 50% of the total outstanding shares issued by SSR Mining have a minority interest in SSR Mining.Most accounts from SSR Mining's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SSR 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SSR 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 metropolitan statistical area. To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.At this time, SSR Mining's Selling General Administrative is very stable compared to the past year. As of the 21st of November 2024, Net Income From Continuing Ops is likely to grow to about 251.3 M, though EBIT is likely to grow to (174.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 574.9M | 358.6M | 408.8M | 429.2M | Total Revenue | 1.5B | 1.1B | 1.4B | 1.5B |
SSR Mining income statement Correlations
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SSR Mining Account Relationship Matchups
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SSR Mining income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Revenue | 606.9M | 853.1M | 1.5B | 1.1B | 1.4B | 1.5B | |
Gross Profit | 170.9M | 308.6M | 574.9M | 358.6M | 408.8M | 429.2M | |
Operating Income | 122.3M | 202.7M | 444.4M | 190.3M | (130.2M) | (123.7M) | |
Ebit | 122.3M | 223.0M | 546.0M | 190.9M | (183.4M) | (174.3M) | |
Ebitda | 233.2M | 342.1M | 776.7M | 371.0M | 30.6M | 29.1M | |
Net Income | 57.3M | 151.5M | 368.1M | 194.1M | (98.0M) | (93.1M) | |
Income Tax Expense | 30.4M | 40.9M | (14.1M) | 30.1M | (84.0M) | (79.8M) | |
Depreciation And Amortization | 110.9M | 119.0M | 230.7M | 180.1M | 214.0M | 224.7M | |
Interest Expense | 25.6M | 19.9M | 19.1M | 19.1M | 9.9M | 8.8M | |
Other Operating Expenses | 488.3M | 633.5M | 998.3M | 955.7M | 1.6B | 1.6B | |
Total Operating Expenses | 52.3M | 89.0M | 99.0M | 166.3M | 753.0M | 790.7M | |
Income Before Tax | 86.1M | 181.3M | 414.8M | 240.8M | (202.4M) | (192.3M) | |
Total Other Income Expense Net | (36.2M) | 12.1M | (29.6M) | 50.6M | (72.2M) | (68.6M) | |
Cost Of Revenue | 436.0M | 544.4M | 899.3M | 789.4M | 1.0B | 1.1B | |
Selling General Administrative | 30.5M | 33.1M | 56.6M | 71.7M | 67.5M | 70.8M | |
Net Income From Continuing Ops | 55.8M | 140.5M | 428.9M | 210.4M | 239.3M | 251.3M | |
Net Income Applicable To Common Shares | 57.3M | 133.5M | 368.1M | 194.1M | 223.3M | 234.4M | |
Tax Provision | 30.4M | 40.9M | (14.1M) | 30.1M | 9.6M | 16.5M | |
Interest Income | 11.1M | 3.5M | 1.9M | 16.3M | 28.2M | 29.6M | |
Net Interest Income | (19.7M) | (16.4M) | (17.2M) | (2.8M) | 8.1M | 8.5M | |
Reconciled Depreciation | 108.2M | 126.4M | 228.0M | 181.4M | 195.0M | 163.8M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in SSR 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 metropolitan statistical area. To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Metals & Mining 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 SSR Mining. If investors know SSR 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 SSR Mining 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 (0.29) | Earnings Share (2.38) | Revenue Per Share 5.423 | Quarterly Revenue Growth (0.33) | Return On Assets (0.02) |
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining'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 SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining'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 SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining'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.