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.
Cost of Revenue is found on American Airlines income statement and represents the costs associated with goods and services American Airlines 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. The aggregate cost of goods produced and sold and services rendered during the reporting period.
Amount of the cost of borrowed funds accounted for as interest expense.
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].
Net Income Common Stock
The amount of net income (loss) for the period due to common shareholders. Typically differs from [NetInc] to the parent entity due to the deduction of [PrefDivIS].
Operating expenses represents the total expenditure on [SGnA]; [RnD] and other operating expense items; it excludes [CoR].
Operating Income is the amount of profit realized from American Airlines operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of American Airlines Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; Income Tax Expense and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.
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.
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.
Weighted Average Shares
The weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Basic Share; determined based on the timing of issuance of shares or units in the period.
Weighted Average Shares Diluted
The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPSDil]; determined based on the timing of issuance of shares or units in the period.
Income Tax Expense
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Did you try this?
Run Portfolio Volatility Now
Check portfolio volatility and analyze historical return density to properly model market risk