Citizens Historical Income Statement

CIA Stock  USD 3.80  0.03  0.78%   
Historical analysis of Citizens income statement accounts such as Total Revenue of 148.1 M, Gross Profit of 148.1 M or Other Operating Expenses of 44.8 M can show how well Citizens performed in making a profits. Evaluating Citizens income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Citizens's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Citizens 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 Citizens 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 Citizens. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.

About Citizens Income Statement Analysis

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

Citizens Income Statement Chart

At present, Citizens' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 27.5 M, whereas Total Revenue is forecasted to decline to about 148.1 M.

Total Revenue

Total revenue comprises all receipts Citizens 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 Citizens minus its cost of goods sold. It is profit before Citizens 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 Citizens. It is also known as Citizens 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 Citizens' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Citizens 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 Citizens. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.At present, Citizens' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 27.5 M, whereas Total Revenue is forecasted to decline to about 148.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit250.5M232.5M240.7M148.1M
Total Revenue250.5M232.5M240.7M148.1M

Citizens income statement Correlations

1.00.77-0.14-0.13-0.11-0.62-0.310.32-0.22-0.030.440.710.930.23-0.25-0.03-0.11
1.00.77-0.14-0.13-0.11-0.62-0.310.32-0.22-0.030.440.710.930.23-0.25-0.03-0.11
0.770.77-0.69-0.38-0.36-0.97-0.620.37-0.70.420.630.410.540.44-0.5-0.030.25
-0.14-0.14-0.690.630.620.850.6-0.120.91-0.73-0.510.090.16-0.370.56-0.02-0.5
-0.13-0.13-0.380.631.00.530.41-0.060.64-0.23-0.35-0.230.030.070.320.1-0.11
-0.11-0.11-0.360.621.00.510.4-0.060.63-0.22-0.31-0.220.060.10.30.11-0.08
-0.62-0.62-0.970.850.530.510.64-0.280.81-0.56-0.64-0.3-0.35-0.440.560.0-0.34
-0.31-0.31-0.620.60.410.40.64-0.840.77-0.06-0.24-0.22-0.03-0.050.30.23-0.14
0.320.320.37-0.12-0.06-0.06-0.28-0.84-0.29-0.330.120.290.15-0.01-0.02-0.230.0
-0.22-0.22-0.70.910.640.630.810.77-0.29-0.49-0.32-0.080.07-0.120.510.13-0.25
-0.03-0.030.42-0.73-0.23-0.22-0.56-0.06-0.33-0.490.47-0.28-0.220.68-0.760.570.7
0.440.440.63-0.51-0.35-0.31-0.64-0.240.12-0.320.470.030.360.67-0.40.190.69
0.710.710.410.09-0.23-0.22-0.3-0.220.29-0.08-0.280.030.69-0.27-0.170.0-0.5
0.930.930.540.160.030.06-0.35-0.030.150.07-0.220.360.690.13-0.07-0.03-0.25
0.230.230.44-0.370.070.1-0.44-0.05-0.01-0.120.680.67-0.270.13-0.520.510.84
-0.25-0.25-0.50.560.320.30.560.3-0.020.51-0.76-0.4-0.17-0.07-0.52-0.77-0.48
-0.03-0.03-0.03-0.020.10.110.00.23-0.230.130.570.190.0-0.030.51-0.770.43
-0.11-0.110.25-0.5-0.11-0.08-0.34-0.140.0-0.250.70.69-0.5-0.250.84-0.480.43
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Citizens Account Relationship Matchups

Citizens income statement Accounts

201920202021202220232024 (projected)
Total Revenue250.5M238.9M250.5M232.5M240.7M148.1M
Gross Profit250.5M238.9M250.5M232.5M240.7M148.1M
Other Operating Expenses244.8M251.2M257.0M239.8M47.1M44.8M
Operating Income4.3M(75.8M)4.4M(7.1M)193.5M203.2M
Ebit4.3M(77.7M)(7.9M)26.8M26.2M27.5M
Ebitda6.0M(74.4M)(5.5M)27.9M27.3M28.7M
Total Operating Expenses(246.2M)(314.7M)(246.1M)(239.6M)47.1M49.5M
Net Income(1.4M)(11.0M)(50.2M)(7.5M)24.4M25.7M
Income Tax Expense7.1M(1.3M)43.5M429K1.7M1.7M
Income Before Tax5.7M(12.3M)(6.7M)(7.1M)26.2M27.5M
Total Other Income Expense Net1.4M(12.3M)(176.7M)(536K)(167.4M)(159.0M)
Depreciation And Amortization1.7M3.2M2.3M1.2M1.1M1.1M
Selling General Administrative48.4M53.7M43.4M45.2M47.1M41.8M
Cost Of Revenue191.9M194.8M1.8M1.2M1.4M1.3M
Net Income Applicable To Common Shares(1.4M)(11.0M)36.8M(6.6M)(6.0M)(5.7M)
Net Income From Continuing Ops(1.4M)(11.0M)36.8M(6.6M)24.4M25.7M
Tax Provision7.1M(1.3M)(43.5M)(429K)1.7M1.6M
Reconciled Depreciation1.7M1.4M1.1M536K515K489.3K

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When determining whether Citizens offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citizens' 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 Citizens Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citizens Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citizens. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Citizens Stock refer to our How to Trade Citizens Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Life & Health Insurance 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 Citizens. If investors know Citizens 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 Citizens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.43
Revenue Per Share
5.002
Quarterly Revenue Growth
0.039
Return On Assets
0.0076
Return On Equity
0.1223
The market value of Citizens is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens' value that differs from its market value or its book value, called intrinsic value, which is Citizens' 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 Citizens' market value can be influenced by many factors that don't directly affect Citizens' 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 Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens' 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.