ATRION Historical Income Statement

ATRI Stock  USD 414.95  11.93  2.79%   
Historical analysis of ATRION income statement accounts such as Interest Expense of 141.6 K, Selling General Administrative of 15.7 M or Total Revenue of 122.1 M can show how well ATRION performed in making a profits. Evaluating ATRION income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ATRION's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining ATRION 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 ATRION 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 ATRION. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.

About ATRION Income Statement Analysis

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

ATRION Income Statement Chart

ATRION Income Statement is one of the three primary financial statements used for reporting ATRION's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ATRION revenue and expense. ATRION Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, ATRION's Income Tax Expense is decreasing as compared to previous years. The ATRION's current Net Income From Continuing Ops is estimated to increase to about 34 M, while Interest Expense is projected to decrease to under 141.6 K.

Total Revenue

Total revenue comprises all receipts ATRION 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ATRION minus its cost of goods sold. It is profit before ATRION operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

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

Operating Income

Operating Income is the amount of profit realized from ATRION 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 ATRION is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from ATRION's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ATRION 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 ATRION. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.As of now, ATRION's Income Tax Expense is decreasing as compared to previous years. The ATRION's current Net Income From Continuing Ops is estimated to increase to about 34 M, while Interest Expense is projected to decrease to under 141.6 K.
 2021 2022 2023 2024 (projected)
Gross Profit69.4M75.9M62.4M38.8M
Total Revenue165.0M183.5M169.3M122.1M

ATRION income statement Correlations

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0.860.680.810.420.270.290.55-0.030.910.530.330.63-0.090.840.680.27-0.16-0.58-0.320.290.61-0.54
0.560.680.570.87-0.07-0.10.180.650.530.260.570.53-0.470.670.830.4-0.14-0.54-0.270.390.64-0.61
0.450.810.570.110.670.670.85-0.20.60.90.290.920.280.80.370.33-0.16-0.13-0.070.310.11-0.2
0.490.420.870.11-0.5-0.52-0.280.880.36-0.250.490.07-0.760.390.830.23-0.07-0.64-0.320.280.78-0.66
-0.130.27-0.070.67-0.50.960.9-0.610.130.78-0.40.580.740.41-0.28-0.09-0.210.430.11-0.03-0.580.45
-0.10.29-0.10.67-0.520.960.95-0.630.130.77-0.360.510.850.39-0.33-0.21-0.290.520.14-0.18-0.540.47
0.150.550.180.85-0.280.90.95-0.480.350.84-0.150.660.70.61-0.06-0.1-0.290.30.04-0.06-0.270.24
0.03-0.030.65-0.20.88-0.61-0.63-0.48-0.13-0.460.39-0.18-0.710.020.520.060.03-0.31-0.160.120.49-0.37
0.960.910.530.60.360.130.130.35-0.130.370.240.47-0.20.750.70.35-0.19-0.73-0.370.340.67-0.63
0.190.530.260.9-0.250.780.770.84-0.460.370.240.920.510.540.050.41-0.060.130.120.29-0.210.02
0.390.330.570.290.49-0.4-0.36-0.150.390.240.240.47-0.420.170.50.70.23-0.430.00.460.56-0.62
0.330.630.530.920.070.580.510.66-0.180.470.920.470.150.630.350.620.01-0.170.060.540.04-0.26
-0.36-0.09-0.470.28-0.760.740.850.7-0.71-0.20.51-0.420.15-0.03-0.69-0.38-0.170.790.21-0.5-0.690.67
0.640.840.670.80.390.410.390.610.020.750.540.170.63-0.030.540.27-0.42-0.38-0.390.270.33-0.33
0.770.680.830.370.83-0.28-0.33-0.060.520.70.050.50.35-0.690.540.410.1-0.85-0.20.60.84-0.86
0.360.270.40.330.23-0.09-0.21-0.10.060.350.410.70.62-0.380.270.410.12-0.5-0.030.690.28-0.56
-0.13-0.16-0.14-0.16-0.07-0.21-0.29-0.290.03-0.19-0.060.230.01-0.17-0.420.10.12-0.120.280.340.01-0.21
-0.81-0.58-0.54-0.13-0.640.430.520.3-0.31-0.730.13-0.43-0.170.79-0.38-0.85-0.5-0.120.3-0.58-0.850.83
-0.37-0.32-0.27-0.07-0.320.110.140.04-0.16-0.370.120.00.060.21-0.39-0.2-0.030.280.30.34-0.350.07
0.320.290.390.310.28-0.03-0.18-0.060.120.340.290.460.54-0.50.270.60.690.34-0.580.340.26-0.61
0.830.610.640.110.78-0.58-0.54-0.270.490.67-0.210.560.04-0.690.330.840.280.01-0.85-0.350.26-0.84
-0.75-0.54-0.61-0.2-0.660.450.470.24-0.37-0.630.02-0.62-0.260.67-0.33-0.86-0.56-0.210.830.07-0.61-0.84
Click cells to compare fundamentals

ATRION Account Relationship Matchups

ATRION income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization10.9M11.7M12.9M13.8M15.1M15.9M
Interest Expense13.6M15.8M16.7M988K149K141.6K
Selling General Administrative16.3M17.3M19.6M20.9M23.2M15.7M
Total Revenue155.1M147.6M165.0M183.5M169.3M122.1M
Gross Profit70.7M66.2M69.4M75.9M62.4M38.8M
Other Operating Expenses114.5M111.9M129.0M143.8M146.7M101.7M
Operating Income29.5M22.7M21.7M26.0M22.6M18.9M
Ebit29.5M22.7M21.7M26.0M22.6M18.2M
Ebitda40.4M34.3M34.6M39.8M37.7M24.1M
Cost Of Revenue84.4M81.4M95.6M107.6M106.9M60.6M
Total Operating Expenses30.2M30.5M33.3M36.2M39.8M41.8M
Income Before Tax43.2M38.5M38.4M40.6M22.4M24.2M
Total Other Income Expense Net13.6M15.8M16.7M14.6M(204K)(193.8K)
Net Income36.8M32.1M33.1M35.0M19.4M16.2M
Income Tax Expense6.4M6.4M5.4M5.6M3.0M5.5M
Research Development5.0M5.6M5.7M5.5M6.7M4.2M
Net Income Applicable To Common Shares36.8M32.1M33.1M35.0M40.3M22.8M
Selling And Marketing Expenses8.8M7.5M8.1M9.8M9.9M7.8M
Net Income From Continuing Ops36.8M38.5M38.4M35.0M21.3M34.0M
Non Operating Income Net Other1.1M1.7M1.4M843K758.7K707.4K
Tax Provision6.4M6.4M5.4M5.6M2.6M2.5M
Interest Income2.5M1.4M843K988K1.0M1.0M
Net Interest Income2.5M1.4M843K988K912K1.0M
Reconciled Depreciation10.9M11.7M12.9M13.8M14.6M12.8M

Pair Trading with ATRION

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 ATRION 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 ATRION will appreciate offsetting losses from the drop in the long position's value.

Moving together with ATRION Stock

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Moving against ATRION Stock

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The ability to find closely correlated positions to ATRION could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATRION 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 ATRION - 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 ATRION to buy it.
The correlation of ATRION 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 ATRION moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATRION 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 ATRION 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 ATRION offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATRION's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atrion Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atrion Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATRION. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running ATRION's price analysis, check to measure ATRION'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 ATRION is operating at the current time. Most of ATRION's value examination focuses on studying past and present price action to predict the probability of ATRION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATRION's price. Additionally, you may evaluate how the addition of ATRION to your portfolios can decrease your overall portfolio volatility.
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Is ATRION's 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 ATRION. If investors know ATRION 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 ATRION 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
(0.22)
Dividend Share
8.7
Earnings Share
11.03
Revenue Per Share
96.153
Quarterly Revenue Growth
0.017
The market value of ATRION is measured differently than its book value, which is the value of ATRION that is recorded on the company's balance sheet. Investors also form their own opinion of ATRION's value that differs from its market value or its book value, called intrinsic value, which is ATRION's 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 ATRION's market value can be influenced by many factors that don't directly affect ATRION's 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 ATRION's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATRION is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATRION'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.