Historical analysis of Ingram Micro income statement accounts such as Earning Before Interest and Taxes EBIT of 447.8 M
can show how well Ingram Micro Inc performed in making a profits. Evaluating Ingram Micro income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ingram Micro future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Ingram Micro Inc 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 Ingram Micro Inc is a good buy for the upcoming year. Please also check Risk vs Return Analysis
Consolidated Income Earning Before Interest and Taxes EBIT Gross Profit Net Income Operating Income Revenues Selling General and Administrative Expense Income Tax Expense
Ingram Micro Inc Income Statement Chart
The portion of profit or loss for the period, net of income taxes, which is attributable to the consolidated entity, before the deduction of Net Income Available to Non-controlling Interests.
Earning Before Interest and Taxes EBIT
Earnings Before Interest and Tax is calculated by adding Income Tax Expense
and Interest Expense
back to Net Income
Gross profit is a required income statement account that reflects total revenue of Ingram Micro Inc minus its cost of goods sold. It is profit before Ingram Micro operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue Revenues
less cost of revenue Cost of Revenue
directly attributable to the revenue generation activity.
Net income is one of the most important fundamental items in finance. It plays a large role in Ingram Micro Inc financial statement analysis. It represents the amount of money remaining after all of Ingram Micro Inc 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 Net Income Available to Non-controlling Interests from Consolidated Income
, and before the deduction of Preferred Dividends.
Operating Income is the amount of profit realized from Ingram Micro Inc 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 Ingram Micro Inc 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 Ingram Micro for goods sold or services provided during a certain time period. It also includes all of Ingram Micro Inc sales as well as any other increase in Ingram Micro Inc equity.Revenues are reported on Ingram Micro Inc 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 Operating Expenses
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.
Income Tax Expense
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.