Historical analysis of Zoetis income statement accounts such as Direct Expenses of 1.7 B, Consolidated Income of 542.8 M, Cost of Revenue of 1.9 B or Earning Before Interest and Taxes EBIT of 920.9 M can show how well Zoetis performed in making a profits. Evaluating Zoetis income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Zoetis future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Zoetis 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 Zoetis is a good buy for the upcoming year. See also Your Current Watchlist.
Earning Before Interest and Taxes EBITEarnings Before Interest and Tax is calculated by adding [TaxExp] and [IntExp] back to [NetInc].
Net IncomeNet income is one of the most important fundamental items in finance. It plays a large role in Zoetis financial statement analysis. It represents the amount of money remaining after all of Zoetis 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 to Non Controlling InterestsThe portion of income which is attributable to non-controlling interest shareholders; subtracted from [ConsolInc] in order to obtain [NetInc].
Operating IncomeOperating Income is the amount of profit realized from Zoetis 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 Zoetis 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 [IntExp]; [TaxExp] and other Non-Operating items. It is calculated as Gross Profit minus [OpEx].
RevenuesRevenues refers to the total amount of money received by Zoetis for goods sold or services provided during a certain time period. It also includes all of Zoetis sales as well as any other increase in Zoetis equity.Revenues are reported on Zoetis 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.