Andersons Historical Income Statement

ANDE Stock  USD 56.68  0.57  1.00%   
Historical analysis of Andersons income statement accounts such as Interest Expense of 49.2 M, Selling General Administrative of 247.5 M or Other Operating Expenses of 15.2 B can show how well The Andersons performed in making a profits. Evaluating Andersons income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Andersons's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Andersons 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 Andersons 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 The Andersons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

About Andersons Income Statement Analysis

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

Andersons Income Statement Chart

The Andersons Income Statement is one of the three primary financial statements used for reporting Andersons's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Andersons revenue and expense. Andersons Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Andersons' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 15.2 B, whereas Total Operating Expenses is forecasted to decline to about 249.7 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Andersons. It is also known as Andersons 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Revenue

Total revenue comprises all receipts Andersons 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.
Most accounts from Andersons' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Andersons 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 The Andersons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At present, Andersons' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 15.2 B, whereas Total Operating Expenses is forecasted to decline to about 249.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit592.7M684.2M745.4M782.6M
Total Revenue12.6B17.3B14.8B15.5B

Andersons income statement Correlations

0.850.770.710.340.390.670.770.06-0.680.06-0.120.690.660.690.41-0.26-0.04-0.35-0.40.090.75-0.80.910.32
0.850.750.820.470.530.730.750.28-0.60.260.130.810.80.80.4-0.570.11-0.31-0.150.00.83-0.950.780.55
0.770.750.660.310.440.631.00.19-0.460.180.060.630.650.630.73-0.250.12-0.06-0.280.210.59-0.630.550.32
0.710.820.660.840.840.930.660.6-0.740.590.331.00.971.00.24-0.560.5-0.270.09-0.180.88-0.790.690.82
0.340.470.310.840.950.880.310.84-0.590.840.530.850.820.850.12-0.430.78-0.190.37-0.430.61-0.420.370.81
0.390.530.440.840.950.950.450.9-0.460.880.640.840.840.840.31-0.360.760.050.39-0.390.62-0.420.390.73
0.670.730.630.930.880.950.630.75-0.610.740.470.920.920.920.39-0.380.6-0.090.17-0.280.76-0.620.640.7
0.770.751.00.660.310.450.630.2-0.460.180.060.640.650.630.73-0.250.12-0.06-0.280.210.59-0.630.550.32
0.060.280.190.60.840.90.750.2-0.070.960.850.610.620.60.19-0.140.890.260.68-0.580.37-0.180.110.54
-0.68-0.6-0.46-0.74-0.59-0.46-0.61-0.46-0.07-0.140.26-0.74-0.69-0.74-0.10.58-0.090.70.38-0.1-0.670.61-0.64-0.68
0.060.260.180.590.840.880.740.180.96-0.140.70.590.590.590.23-0.130.920.20.52-0.430.29-0.150.070.53
-0.120.130.060.330.530.640.470.060.850.260.70.330.360.330.12-0.030.640.380.89-0.730.24-0.05-0.020.28
0.690.810.631.00.850.840.920.640.61-0.740.590.330.961.00.2-0.570.52-0.280.11-0.190.88-0.790.690.83
0.660.80.650.970.820.840.920.650.62-0.690.590.360.960.960.26-0.530.46-0.170.09-0.120.86-0.750.610.85
0.690.80.631.00.850.840.920.630.6-0.740.590.331.00.960.2-0.570.52-0.290.11-0.190.88-0.790.690.83
0.410.40.730.240.120.310.390.730.19-0.10.230.120.20.260.20.010.050.1-0.270.180.04-0.120.09-0.05
-0.26-0.57-0.25-0.56-0.43-0.36-0.38-0.25-0.140.58-0.13-0.03-0.57-0.53-0.570.01-0.060.40.020.09-0.510.61-0.25-0.78
-0.040.110.120.50.780.760.60.120.89-0.090.920.640.520.460.520.05-0.060.170.59-0.490.26-0.090.030.46
-0.35-0.31-0.06-0.27-0.190.05-0.09-0.060.260.70.20.38-0.28-0.17-0.290.10.40.170.290.06-0.330.38-0.4-0.25
-0.4-0.15-0.280.090.370.390.17-0.280.680.380.520.890.110.090.11-0.270.020.590.29-0.780.10.11-0.160.16
0.090.00.21-0.18-0.43-0.39-0.280.21-0.58-0.1-0.43-0.73-0.19-0.12-0.190.180.09-0.490.06-0.78-0.180.03-0.11-0.2
0.750.830.590.880.610.620.760.590.37-0.670.290.240.880.860.880.04-0.510.26-0.330.1-0.18-0.880.850.68
-0.8-0.95-0.63-0.79-0.42-0.42-0.62-0.63-0.180.61-0.15-0.05-0.79-0.75-0.79-0.120.61-0.090.380.110.03-0.88-0.82-0.58
0.910.780.550.690.370.390.640.550.11-0.640.07-0.020.690.610.690.09-0.250.03-0.4-0.16-0.110.85-0.820.32
0.320.550.320.820.810.730.70.320.54-0.680.530.280.830.850.83-0.05-0.780.46-0.250.16-0.20.68-0.580.32
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Andersons Account Relationship Matchups

Andersons income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization146.2M188.6M178.9M134.7M125.1M131.4M
Interest Expense59.7M51.3M37.3M56.8M46.9M49.2M
Selling General Administrative436.8M399.2M423.8M466.6M492.3M247.5M
Other Operating Expenses8.1B8.2B12.4B17.1B14.5B15.2B
Operating Income(17.2M)26.8M206.4M251.4M253.1M265.8M
Ebit(17.2M)26.8M206.4M251.4M253.1M265.8M
Ebitda129.0M215.4M385.3M386.2M378.2M397.1M
Total Operating Expenses436.8M399.2M423.8M466.6M492.3M249.7M
Income Before Tax28.1M(24.5M)160.8M194.6M169.6M178.0M
Total Other Income Expense Net45.3M(51.3M)(45.6M)(56.8M)(83.5M)(79.4M)
Net Income18.3M(14.2M)104.0M131.1M101.2M106.2M
Income Tax Expense13.1M(10.3M)29.2M39.6M37.0M38.9M
Total Revenue8.2B8.2B12.6B17.3B14.8B15.5B
Gross Profit517.9M404.9M592.7M684.2M745.4M782.6M
Cost Of Revenue7.7B7.8B12.0B16.6B14.0B14.7B
Net Income Applicable To Common Shares18.3M7.7M104.0M131.1M150.7M158.3M
Minority Interest(3.2M)(21.9M)31.9M(35.9M)(31.3M)(29.8M)
Net Income From Continuing Ops15.1M(14.2M)131.5M155.0M132.5M75.6M
Non Operating Income Net Other48.0M21.1M37.4M33.8M30.4M40.4M
Tax Provision13.1M(10.3M)29.2M39.6M37.0M38.9M
Non Recurring70.0M6.3M41.2M8.3M7.5M7.1M
Net Interest Income(59.7M)(51.3M)(37.3M)(56.8M)(46.9M)(49.2M)
Reconciled Depreciation146.2M188.6M178.9M134.7M125.1M149.3M

Pair Trading with Andersons

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Andersons position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Andersons will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Andersons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andersons when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Andersons - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Andersons to buy it.
The correlation of Andersons is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Andersons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andersons moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Andersons can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Andersons is a strong investment it is important to analyze Andersons' 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 Andersons' future performance. For an informed investment choice regarding Andersons Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Andersons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Andersons information on this page should be used as a complementary analysis to other Andersons' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Andersons' price analysis, check to measure Andersons' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Andersons is operating at the current time. Most of Andersons' value examination focuses on studying past and present price action to predict the probability of Andersons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andersons' price. Additionally, you may evaluate how the addition of Andersons to your portfolios can decrease your overall portfolio volatility.
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Is Andersons' industry 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 Andersons. If investors know Andersons 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 Andersons 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
4.776
Dividend Share
0.74
Earnings Share
2.94
Revenue Per Share
437.455
Quarterly Revenue Growth
(0.31)
The market value of Andersons is measured differently than its book value, which is the value of Andersons that is recorded on the company's balance sheet. Investors also form their own opinion of Andersons' value that differs from its market value or its book value, called intrinsic value, which is Andersons' 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 Andersons' market value can be influenced by many factors that don't directly affect Andersons' 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 Andersons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Andersons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Andersons' 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.