Finning Income Statement Research

FTT Stock

CAD 42.12 0.38 0.91%

Most accounts from Finning International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Finning International 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 Finning International Valuation and Finning International Correlation analysis.

At this time, Finning International's Net Income is very stable compared to the past year. As of the 23rd of April 2024, Income Tax Expense is likely to grow to about 207.7 M, while Depreciation And Amortization is likely to drop about 274.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.8B	2.2B	2.6B	1.6B
Total Revenue	7.3B	9.3B	10.5B	5.6B

Gross Profit Total Revenue

Finning International income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.69	0.51	0.8	0.66	0.79	0.73	0.65	0.74	0.82	0.51	0.6	0.06	0.59	0.61	-0.36	0.37	0.71	0.61	-0.52	0.92
Interest Expense	0.69		0.56	0.64	0.63	0.62	0.84	0.71	0.77	0.62	0.87	0.64	0.1	0.6	0.68	-0.78	0.17	0.72	0.65	-0.84	0.62
Selling General Administrative	0.51	0.56		0.83	0.94	0.84	0.41	0.32	0.35	0.77	0.19	0.26	-0.25	0.28	0.22	0.0	-0.02	0.14	0.19	-0.13	0.17
Total Revenue	0.8	0.64	0.83		0.94	1.0	0.64	0.6	0.64	0.99	0.35	0.55	0.04	0.55	0.55	-0.12	0.37	0.53	0.5	-0.37	0.59
Gross Profit	0.66	0.63	0.94	0.94		0.94	0.61	0.54	0.57	0.9	0.33	0.5	-0.04	0.51	0.47	-0.11	0.28	0.33	0.32	-0.29	0.38
Other Operating Expenses	0.79	0.62	0.84	1.0	0.94		0.61	0.56	0.6	0.99	0.33	0.51	0.01	0.51	0.51	-0.09	0.33	0.51	0.49	-0.35	0.57
Operating Income	0.73	0.84	0.41	0.64	0.61	0.61		0.93	0.96	0.64	0.82	0.91	0.39	0.89	0.94	-0.75	0.58	0.81	0.52	-0.77	0.74
Ebit	0.65	0.71	0.32	0.6	0.54	0.56	0.93		0.99	0.6	0.68	0.99	0.66	0.99	0.98	-0.63	0.77	0.76	0.48	-0.65	0.7
Ebitda	0.74	0.77	0.35	0.64	0.57	0.6	0.96	0.99		0.64	0.72	0.97	0.56	0.96	0.96	-0.66	0.7	0.81	0.54	-0.69	0.78
Cost Of Revenue	0.82	0.62	0.77	0.99	0.9	0.99	0.64	0.6	0.64		0.35	0.56	0.06	0.55	0.56	-0.12	0.38	0.58	0.54	-0.38	0.64
Total Operating Expenses	0.51	0.87	0.19	0.35	0.33	0.33	0.82	0.68	0.72	0.35		0.65	0.27	0.59	0.71	-0.95	0.29	0.73	0.53	-0.94	0.58
Income Before Tax	0.6	0.64	0.26	0.55	0.5	0.51	0.91	0.99	0.97	0.56	0.65		0.7	1.0	0.98	-0.61	0.82	0.73	0.43	-0.62	0.67
Total Other Income Expense Net	0.06	0.1	-0.25	0.04	-0.04	0.01	0.39	0.66	0.56	0.06	0.27	0.7		0.73	0.64	-0.29	0.83	0.34	0.13	-0.28	0.27
Net Income	0.59	0.6	0.28	0.55	0.51	0.51	0.89	0.99	0.96	0.55	0.59	1.0	0.73		0.95	-0.55	0.84	0.68	0.4	-0.56	0.64
Income Tax Expense	0.61	0.68	0.22	0.55	0.47	0.51	0.94	0.98	0.96	0.56	0.71	0.98	0.64	0.95		-0.66	0.76	0.82	0.45	-0.67	0.7
Research Development	-0.36	-0.78	0.0	-0.12	-0.11	-0.09	-0.75	-0.63	-0.66	-0.12	-0.95	-0.61	-0.29	-0.55	-0.66		-0.2	-0.69	-0.43	0.87	-0.5
Net Income From Continuing Ops	0.37	0.17	-0.02	0.37	0.28	0.33	0.58	0.77	0.7	0.38	0.29	0.82	0.83	0.84	0.76	-0.2		0.42	0.29	-0.32	0.5
Tax Provision	0.71	0.72	0.14	0.53	0.33	0.51	0.81	0.76	0.81	0.58	0.73	0.73	0.34	0.68	0.82	-0.69	0.42		0.57	-0.72	0.83
Interest Income	0.61	0.65	0.19	0.5	0.32	0.49	0.52	0.48	0.54	0.54	0.53	0.43	0.13	0.4	0.45	-0.43	0.29	0.57		-0.73	0.66
Net Interest Income	-0.52	-0.84	-0.13	-0.37	-0.29	-0.35	-0.77	-0.65	-0.69	-0.38	-0.94	-0.62	-0.28	-0.56	-0.67	0.87	-0.32	-0.72	-0.73		-0.62
Reconciled Depreciation	0.92	0.62	0.17	0.59	0.38	0.57	0.74	0.7	0.78	0.64	0.58	0.67	0.27	0.64	0.7	-0.5	0.5	0.83	0.66	-0.62

Click cells to compare fundamentals

Finning International Account Relationship Matchups

Finning International income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	98M	78M	61M	82M	151M	158.6M
Total Revenue	7.8B	6.2B	7.3B	9.3B	10.5B	5.6B
Gross Profit	1.8B	1.6B	1.8B	2.2B	2.6B	1.6B
Operating Income	443M	436M	533M	755M	933M	979.7M
Ebit	443M	436M	533M	755M	868.3M	911.7M
Ebitda	736M	744M	852M	1.1B	1.3B	1.3B
Cost Of Revenue	6.0B	4.6B	5.5B	7.1B	8.0B	4.0B
Income Before Tax	318M	307M	477M	673M	749M	786.5M
Income Tax Expense	76M	75M	114M	172M	197.8M	207.7M
Interest Income	98M	78M	61M	82M	94.3M	82.1M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Finning International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Finning International's short interest history, or implied volatility extrapolated from Finning International options trading.

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Check out Finning International Valuation and Finning International Correlation analysis.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Finning International's price analysis, check to measure Finning International's 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 Finning International is operating at the current time. Most of Finning International's value examination focuses on studying past and present price action to predict the probability of Finning International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finning International's price. Additionally, you may evaluate how the addition of Finning International to your portfolios can decrease your overall portfolio volatility.

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Please note, there is a significant difference between Finning International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finning International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finning International's 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.

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Finning Income Statement Research

Finning International income statement Correlations

Finning International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Finning International income statement Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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Other Operating Expenses	+ 1.0	Total Revenue
Net Income	+ 1.0	Income Before Tax
Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Ebitda	+ 0.99	Ebit
Income Before Tax	+ 0.99	Ebit

Research Development	- 0.95	Total Operating Expenses
Net Interest Income	- 0.94	Total Operating Expenses
Net Interest Income	- 0.84	Interest Expense
Research Development	- 0.78	Interest Expense
Net Interest Income	- 0.77	Operating Income
Research Development	- 0.75	Operating Income