CNA Historical Income Statement
| CNA Stock | USD 43.33 0.52 1.21% |
Historical analysis of CNA Financial income statement accounts such as Total Revenue of 12 B, Gross Profit of 12 B or Other Operating Expenses of 10 B can show how well CNA Financial performed in making a profits. Evaluating CNA Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CNA Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CNA Financial 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 CNA Financial is a good buy for the upcoming year.
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About CNA Income Statement Analysis
CNA Financial 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 CNA Financial shareholders. The income statement also shows CNA 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).
CNA Financial Income Statement Chart
CNA Financial Income Statement is one of the three primary financial statements used for reporting CNA's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CNA Financial revenue and expense. CNA Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, CNA Financial's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 1.3 B, whereas Total Revenue is forecasted to decline to about 12 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts CNA Financial 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 CNA Financial minus its cost of goods sold. It is profit before CNA Financial 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 CNA Financial. It is also known as CNA Financial 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CNA Financial financial statement analysis. It represents the amount of money remaining after all of CNA Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from CNA Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CNA Financial 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 CNA Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade CNA Stock refer to our How to Trade CNA Stock guide.At present, CNA Financial's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 1.3 B, whereas Total Revenue is forecasted to decline to about 12 B.
| 2020 | 2021 | 2023 | 2024 (projected) | Total Revenue | 11.9B | 11.9B | 13.1B | 12.0B | Interest Expense | 113M | 112M | 127M | 132.6M |
CNA Financial income statement Correlations
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CNA Financial Account Relationship Matchups
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CNA Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 138M | 122M | 113M | 112M | 127M | 132.6M | |
| Total Revenue | 10.1B | 10.8B | 11.9B | 11.9B | 13.1B | 12.0B | |
| Gross Profit | 10.1B | 10.8B | 11.9B | 11.9B | 13.1B | 12.0B | |
| Other Operating Expenses | 9.2B | 10.0B | 10.4B | 10.8B | 11.6B | 10.0B | |
| Operating Income | (457M) | 30M | 1.1B | (525M) | (136M) | (129.2M) | |
| Ebit | (457M) | 30M | 1.1B | (525M) | (136M) | (129.2M) | |
| Ebitda | (397M) | 84M | 1.2B | (474M) | (63M) | (59.9M) | |
| Total Operating Expenses | (11.3B) | (11.9B) | (10.7B) | (12.4B) | (13.3B) | (12.6B) | |
| Net Income | 690M | 1.2B | 894M | 682M | 1.2B | 1.3B | |
| Income Tax Expense | 151M | 131M | 282M | 187M | 313M | 328.7M | |
| Income Before Tax | 964M | 821M | 1.5B | 1.1B | 1.5B | 1.6B | |
| Total Other Income Expense Net | 1.3B | 1.5B | (61M) | 1.6B | 1.7B | 1.7B | |
| Net Income Applicable To Common Shares | 1B | 690M | 1.2B | 894M | 1.0B | 803M | |
| Net Income From Continuing Ops | 1.4B | 690M | 1.2B | 894M | 1.3B | 986.2M | |
| Tax Provision | 223M | 131M | 282M | 187M | 319M | 250.8M | |
| Interest Income | 131M | 122M | 113M | 112M | 100.8M | 109.1M | |
| Net Interest Income | (131M) | (122M) | (113M) | (112M) | (121M) | (127.1M) | |
| Reconciled Depreciation | 68M | 60M | 54M | 51M | 57M | 52.2M |
CNA Financial Investors Sentiment
The influence of CNA Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CNA. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CNA Financial's public news can be used to forecast risks associated with an investment in CNA. The trend in average sentiment can be used to explain how an investor holding CNA can time the market purely based on public headlines and social activities around CNA Financial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CNA Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CNA Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CNA Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CNA Financial.
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 CNA Financial 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, CNA Financial's short interest history, or implied volatility extrapolated from CNA Financial options trading.
Pair Trading with CNA Financial
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 CNA Financial 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 CNA Financial will appreciate offsetting losses from the drop in the long position's value.Moving against CNA Stock
| 0.51 | GBLI | Global Indemnity PLC Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to CNA Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNA Financial 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 CNA Financial - 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 CNA Financial to buy it.
The correlation of CNA Financial 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 CNA Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNA Financial 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 CNA Financial 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNA Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade CNA Stock refer to our How to Trade CNA Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for CNA Stock analysis
When running CNA Financial's price analysis, check to measure CNA Financial'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 CNA Financial is operating at the current time. Most of CNA Financial's value examination focuses on studying past and present price action to predict the probability of CNA Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNA Financial's price. Additionally, you may evaluate how the addition of CNA Financial to your portfolios can decrease your overall portfolio volatility.
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Is CNA Financial'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 CNA Financial. If investors know CNA 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 CNA Financial 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 0.532 | Dividend Share 1.68 | Earnings Share 4.43 | Revenue Per Share 49.02 | Quarterly Revenue Growth 0.127 |
The market value of CNA Financial is measured differently than its book value, which is the value of CNA that is recorded on the company's balance sheet. Investors also form their own opinion of CNA Financial's value that differs from its market value or its book value, called intrinsic value, which is CNA Financial'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 CNA Financial's market value can be influenced by many factors that don't directly affect CNA Financial'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 CNA Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNA Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNA Financial'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.