Enphase Historical Income Statement
| ENPH Stock | USD 109.17 2.88 2.57% |
Historical analysis of Enphase Energy income statement accounts such as Selling General Administrative of 144.7 M or Selling And Marketing Expenses of 243.4 M can show how well Enphase Energy performed in making a profits. Evaluating Enphase Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Enphase Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Enphase Energy 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 Enphase Energy is a good buy for the upcoming year.
Enphase |
About Enphase Income Statement Analysis
Enphase Energy 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 Enphase Energy shareholders. The income statement also shows Enphase 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).
Enphase Energy Income Statement Chart
Enphase Energy Income Statement is one of the three primary financial statements used for reporting Enphase's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Enphase Energy revenue and expense. Enphase Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Enphase Energy's Selling And Marketing Expenses is increasing as compared to previous years. The Enphase Energy's current Total Revenue is estimated to increase to about 2.4 B, while Income Tax Expense is forecasted to increase to (70.5 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Enphase Energy 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Enphase Energy. It is also known as Enphase Energy 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.Most accounts from Enphase Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Enphase Energy 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.As of now, Enphase Energy's Selling And Marketing Expenses is increasing as compared to previous years. The Enphase Energy's current Total Revenue is estimated to increase to about 2.4 B, while Income Tax Expense is forecasted to increase to (70.5 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 45.2M | 9.4M | 8.8M | 9.5M | Depreciation And Amortization | 33.1M | 74.8M | 74.7M | 78.4M |
Enphase Energy income statement Correlations
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Enphase Energy Account Relationship Matchups
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High Negative Relationship
Enphase Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 19.2M | 15.5M | 33.1M | 74.8M | 74.7M | 78.4M | |
| Interest Expense | 9.7M | 21.0M | 45.2M | 9.4M | 8.8M | 9.5M | |
| Selling General Administrative | 38.8M | 50.7M | 104.1M | 140.0M | 137.8M | 144.7M | |
| Selling And Marketing Expenses | 36.7M | 52.9M | 129.0M | 215.1M | 231.8M | 243.4M | |
| Total Revenue | 624.3M | 774.4M | 1.4B | 2.3B | 2.3B | 2.4B | |
| Gross Profit | 221.2M | 346.0M | 554.4M | 974.6M | 1.1B | 1.1B | |
| Other Operating Expenses | 519.0M | 588.0M | 1.2B | 1.9B | 1.8B | 1.9B | |
| Operating Income | 102.7M | 186.4M | 215.8M | 448.3M | 445.7M | 468.0M | |
| Ebit | 102.7M | 186.4M | 215.8M | 448.3M | 445.7M | 468.0M | |
| Research Development | 40.4M | 55.9M | 105.5M | 168.8M | 227.3M | 238.7M | |
| Ebitda | 122.0M | 202.0M | 249.0M | 523.1M | 445.7M | 468.0M | |
| Cost Of Revenue | 403.1M | 428.4M | 827.6M | 1.4B | 1.2B | 1.3B | |
| Total Operating Expenses | 115.9M | 159.5M | 338.6M | 524.0M | 612.6M | 643.3M | |
| Income Before Tax | 90.1M | 119.4M | 120.9M | 452.0M | 513.1M | 538.8M | |
| Total Other Income Expense Net | (12.6M) | (67.0M) | (94.9M) | 3.8M | 67.4M | 70.8M | |
| Net Income | 161.1M | 134.0M | 145.4M | 397.4M | 438.9M | 460.9M | |
| Income Tax Expense | (71.0M) | (14.6M) | (24.5M) | 54.7M | (74.2M) | (70.5M) | |
| Net Income From Continuing Ops | 161.1M | 134.0M | 145.4M | 397.4M | 571.8M | 600.4M | |
| Net Income Applicable To Common Shares | 161.1M | 134.0M | 145.4M | 397.4M | 457.0M | 479.8M | |
| Tax Provision | (71.0M) | (14.6M) | (24.5M) | 54.7M | 97.3M | 102.2M | |
| Interest Income | 2.5M | 2.2M | 695K | 13.7M | 58.0M | 60.9M | |
| Net Interest Income | (7.2M) | (18.8M) | (44.5M) | 4.2M | 49.1M | 51.6M | |
| Reconciled Depreciation | 14.1M | 18.1M | 32.4M | 58.8M | 69.9M | 73.4M |
Pair Trading with Enphase Energy
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 Enphase Energy 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 Enphase Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Enphase Stock
| 0.83 | ICHR | Ichor Holdings Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Enphase Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enphase Energy 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 Enphase Energy - 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 Enphase Energy to buy it.
The correlation of Enphase Energy 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 Enphase Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enphase Energy 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 Enphase Energy 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Enphase Stock analysis
When running Enphase Energy's price analysis, check to measure Enphase Energy'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 Enphase Energy is operating at the current time. Most of Enphase Energy's value examination focuses on studying past and present price action to predict the probability of Enphase Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enphase Energy's price. Additionally, you may evaluate how the addition of Enphase Energy to your portfolios can decrease your overall portfolio volatility.
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Is Enphase Energy'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 Enphase Energy. If investors know Enphase 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 Enphase Energy 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 (0.87) | Earnings Share 3.08 | Revenue Per Share 16.798 | Quarterly Revenue Growth (0.58) | Return On Assets 0.0892 |
The market value of Enphase Energy is measured differently than its book value, which is the value of Enphase that is recorded on the company's balance sheet. Investors also form their own opinion of Enphase Energy's value that differs from its market value or its book value, called intrinsic value, which is Enphase Energy'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 Enphase Energy's market value can be influenced by many factors that don't directly affect Enphase Energy'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 Enphase Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enphase Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enphase Energy'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.