Scorpio Historical Income Statement
| STNG Stock | USD 49.51 0.28 0.57% |
Historical analysis of Scorpio Tankers income statement accounts such as Gross Profit of 850.4 M, Other Operating Expenses of 389 M, Operating Income of 740.4 M or Ebit of 749.3 M can show how well Scorpio Tankers performed in making a profits. Evaluating Scorpio Tankers income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Scorpio Tankers's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Scorpio Tankers 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 Scorpio Tankers is a good buy for the upcoming year.
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About Scorpio Income Statement Analysis
Scorpio Tankers 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 Scorpio Tankers shareholders. The income statement also shows Scorpio 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).
Scorpio Tankers Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Scorpio Tankers 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 Scorpio Tankers minus its cost of goods sold. It is profit before Scorpio Tankers 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 Scorpio Tankers. It is also known as Scorpio Tankers 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 Scorpio Tankers' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Scorpio Tankers 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 Scorpio Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.At this time, Scorpio Tankers' Operating Income is most likely to increase significantly in the upcoming years. The Scorpio Tankers' current EBIT is estimated to increase to about 749.3 M, while Interest Expense is projected to decrease to roughly 88.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 144.1M | 169.8M | 166.7M | 88.3M | Depreciation And Amortization | 240.3M | 206.8M | 202.5M | 115.9M |
Scorpio Tankers income statement Correlations
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Scorpio Tankers Account Relationship Matchups
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Scorpio Tankers income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 214.7M | 245.8M | 240.3M | 206.8M | 202.5M | 115.9M | |
| Interest Expense | 186.2M | 155.0M | 144.1M | 169.8M | 166.7M | 88.3M | |
| Selling General Administrative | 62.3M | 66.2M | 52.7M | 88.1M | 106.3M | 100.9M | |
| Total Revenue | 704.3M | 915.9M | 540.8M | 1.6B | 1.3B | 1.4B | |
| Gross Profit | 192.3M | 328.4M | (37.8M) | 939.6M | 809.9M | 850.4M | |
| Other Operating Expenses | 574.4M | 653.7M | 631.3M | 711.4M | 636.1M | 389.0M | |
| Operating Income | 130.0M | 245.3M | (84.8M) | 797.7M | 705.2M | 740.4M | |
| Ebit | 130.0M | 245.0M | (93.9M) | 795.6M | 713.6M | 749.3M | |
| Ebitda | 344.7M | 490.9M | 146.3M | 1.0B | 916.1M | 961.9M | |
| Cost Of Revenue | 512.1M | 587.5M | 578.5M | 623.3M | 531.3M | 340.5M | |
| Total Operating Expenses | 62.3M | 66.2M | 52.7M | 88.1M | 106.3M | 111.6M | |
| Income Before Tax | (48.5M) | 94.1M | (234.4M) | 637.3M | 546.9M | 574.2M | |
| Total Other Income Expense Net | (178.5M) | (151.2M) | (143.9M) | (160.5M) | (158.3M) | (150.3M) | |
| Net Income Applicable To Common Shares | (48.5M) | 94.1M | (234.4M) | 637.3M | 732.8M | 769.5M | |
| Net Income | (234.3M) | (62.3M) | (380.6M) | 637.3M | 546.9M | 574.2M | |
| Income Tax Expense | 185.8M | 156.5M | 146.2M | 53.8M | (19.1M) | (18.2M) | |
| Net Income From Continuing Ops | (48.5M) | 94.1M | (234.4M) | 637.3M | 690.4M | 724.9M | |
| Interest Income | 8.2M | 1.2M | 3.6M | 7.4M | 18.3M | 12.1M | |
| Net Interest Income | (165.2M) | (153.7M) | (140.5M) | (162.4M) | (167.4M) | (175.8M) | |
| Reconciled Depreciation | 207.0M | 245.8M | 240.3M | 206.8M | 203.0M | 223.3M |
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When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Oil & Gas Storage & Transportation 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 Scorpio Tankers. If investors know Scorpio 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 Scorpio Tankers 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 0.637 | Dividend Share 1.55 | Earnings Share 13.97 | Revenue Per Share 27.856 | Quarterly Revenue Growth (0.08) |
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' 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 Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' 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 Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' 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.