Historical analysis of MetLife income statement accounts such as Gross Profit of 17.1 B can show how well MetLife performed in making a profits. Evaluating MetLife income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MetLife future profits or losses. Financial Statement Analysis is much more than just reviewing and examining MetLife 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 MetLife is a good buy for the upcoming year. Please see also Stocks Correlation.
Net income is one of the most important fundamental items in finance. It plays a large role in MetLife financial statement analysis. It represents the amount of money remaining after all of MetLife 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].
Operating Income is the amount of profit realized from MetLife 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 MetLife 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 MetLife for goods sold or services provided during a certain time period. It also includes all of MetLife sales as well as any other increase in MetLife equity.Revenues are reported on MetLife 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.
Income Tax Expense
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
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