Historical analysis of American Airlines income statement accounts such as Cost of Revenue of 17.4 B, Earning Before Interest and Taxes EBIT of 5.7 B or Gross Profit of 12.8 B can show how well American Airlines Group performed in making a profits. Evaluating American Airlines income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of American Airlines future profits or losses. Financial Statement Analysis is much more than just reviewing and examining American Airlines latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether American Airlines is a good buy for the upcoming year. Check also Trending Equities.
Net income is one of the most important fundamental items in finance. It plays a large role in American Airlines financial statement analysis. It represents the amount of money remaining after all of American Airlines Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of [NetIncNCI] from [ConsolInc]; and before the deduction of [PrefDivIS].
Revenues refers to the total amount of money received by American Airlines for goods sold or services provided during a certain time period. It also includes all of American Airlines sales as well as any other increase in American Airlines Group equity.Revenues are reported on American Airlines income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Selling General and Administrative Expense
A component of [OpEx] representing the aggregate total costs related to selling a firm's product and services; as well as all other general and administrative expenses. Direct selling expenses (for example; credit; warranty; and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products; for example telephone expenses; Internet; and postal charges. General and administrative expenses include salaries of non-sales personnel; rent; utilities; communication; etc.
Did you try this?
Run Performance Analysis Now
Check effects of mean-variance optimization against your current asset allocation