StealthGas Historical Income Statement

GASS Stock  USD 6.18  0.09  1.48%   
Historical analysis of StealthGas income statement accounts such as Selling General Administrative of 9.3 M or Total Revenue of 130.3 M can show how well StealthGas performed in making a profits. Evaluating StealthGas income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of StealthGas's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining StealthGas 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 StealthGas is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in StealthGas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.

About StealthGas Income Statement Analysis

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

StealthGas Income Statement Chart

StealthGas Income Statement is one of the three primary financial statements used for reporting StealthGas's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of StealthGas revenue and expense. StealthGas Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, StealthGas' Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 28.3 M in 2024, whereas Total Revenue is likely to drop slightly above 130.3 M in 2024.

Total Revenue

Total revenue comprises all receipts StealthGas 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 StealthGas minus its cost of goods sold. It is profit before StealthGas 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 StealthGas. It is also known as StealthGas 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 StealthGas' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into StealthGas 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in StealthGas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.At this time, StealthGas' Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 28.3 M in 2024, whereas Total Revenue is likely to drop slightly above 130.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit61.2M72.7M74.6M68.8M
Total Revenue150.2M152.8M143.5M130.3M

StealthGas income statement Correlations

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0.810.710.770.630.770.170.160.610.810.6-0.3-0.54-0.280.0-0.440.1-0.73-0.620.16-0.01
0.880.710.950.860.880.410.410.810.930.63-0.05-0.36-0.040.21-0.250.12-0.52-0.05-0.170.28
0.910.770.950.930.880.530.530.90.950.64-0.03-0.39-0.020.2-0.250.14-0.57-0.14-0.140.2
0.810.630.860.930.690.760.761.00.770.450.24-0.150.250.220.010.06-0.34-0.03-0.190.18
0.930.770.880.880.690.10.10.640.950.88-0.44-0.71-0.430.27-0.610.23-0.61-0.290.140.13
0.260.170.410.530.760.11.00.80.28-0.130.680.350.7-0.070.51-0.09-0.010.3-0.510.28
0.250.160.410.530.760.11.00.80.28-0.140.70.370.7-0.060.53-0.110.010.31-0.520.27
0.780.610.810.91.00.640.80.80.730.410.27-0.130.270.210.030.06-0.31-0.04-0.190.15
0.890.810.930.950.770.950.280.280.730.74-0.25-0.54-0.240.16-0.430.2-0.7-0.21-0.080.21
0.810.60.630.640.450.88-0.13-0.140.410.74-0.74-0.92-0.740.44-0.870.39-0.37-0.490.51-0.15
-0.3-0.3-0.05-0.030.24-0.440.680.70.27-0.25-0.740.911.0-0.260.97-0.390.240.64-0.730.35
-0.6-0.54-0.36-0.39-0.15-0.710.350.37-0.13-0.54-0.920.910.89-0.260.97-0.40.380.63-0.630.22
-0.29-0.28-0.04-0.020.25-0.430.70.70.27-0.24-0.741.00.89-0.280.96-0.390.210.64-0.740.37
0.40.00.210.20.220.27-0.07-0.060.210.160.44-0.26-0.26-0.28-0.330.210.13-0.10.5-0.48
-0.5-0.44-0.25-0.250.01-0.610.510.530.03-0.43-0.870.970.970.96-0.33-0.410.310.64-0.710.32
0.210.10.120.140.060.23-0.09-0.110.060.20.39-0.39-0.4-0.390.21-0.410.17-0.330.36-0.36
-0.5-0.73-0.52-0.57-0.34-0.61-0.010.01-0.31-0.7-0.370.240.380.210.130.310.170.170.22-0.38
-0.38-0.62-0.05-0.14-0.03-0.290.30.31-0.04-0.21-0.490.640.630.64-0.10.64-0.330.17-0.770.63
0.230.16-0.17-0.14-0.190.14-0.51-0.52-0.19-0.080.51-0.73-0.63-0.740.5-0.710.360.22-0.77-0.76
-0.04-0.010.280.20.180.130.280.270.150.21-0.150.350.220.37-0.480.32-0.36-0.380.63-0.76
Click cells to compare fundamentals

StealthGas Account Relationship Matchups

StealthGas income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization37.7M37.5M37.1M27.8M23.7M30.4M
Interest Expense21.0M14.1M12.7M12.1M10.0M11.4M
Selling General Administrative9.4M7.8M10.1M8.6M9.9M9.3M
Total Revenue144.3M145.0M150.2M152.8M143.5M130.3M
Gross Profit70.3M73.7M61.2M72.7M74.6M68.8M
Other Operating Expenses121.9M119.3M173.6M108.9M86.4M108.9M
Operating Income23.2M28.3M13.9M36.2M41.0M26.2M
Ebit23.2M28.3M13.9M36.2M41.0M26.9M
Ebitda60.9M65.8M51.0M64.0M64.7M57.3M
Cost Of Revenue73.9M71.3M89.0M80.1M69.0M61.5M
Total Operating Expenses48.0M48.0M84.6M28.8M17.4M16.5M
Income Before Tax2.1M12.0M(35.1M)34.3M51.9M54.5M
Total Other Income Expense Net(21.1M)(16.3M)(49.0M)(2.0M)10.9M11.5M
Net Income2.1M12.0M(35.1M)34.3M51.9M54.5M
Income Tax Expense8.9K11.4M4.4M216.2K4.03.8
Net Income Applicable To Common Shares2.1M12.0M(35.1M)34.3M30.8M32.4M
Net Income From Continuing Ops2.1M12.0M(35.1M)34.3M50.7M53.3M
Interest Income846.3K167.8K26.4K1.1M3.5M3.7M
Net Interest Income(20.1M)(14.0M)(12.7M)(11.0M)(7.5M)(7.9M)
Reconciled Depreciation39.3M37.9M37.2M27.9M25.1M28.3M
Selling And Marketing Expenses87.2K90.1K97.7K88.3K101.6K98.6K

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When determining whether StealthGas is a strong investment it is important to analyze StealthGas' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact StealthGas' future performance. For an informed investment choice regarding StealthGas Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in StealthGas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is StealthGas' 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 StealthGas. If investors know StealthGas 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 StealthGas 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
0.27
Earnings Share
1.37
Revenue Per Share
3.862
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0337
The market value of StealthGas is measured differently than its book value, which is the value of StealthGas that is recorded on the company's balance sheet. Investors also form their own opinion of StealthGas' value that differs from its market value or its book value, called intrinsic value, which is StealthGas' 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 StealthGas' market value can be influenced by many factors that don't directly affect StealthGas' 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 StealthGas' value and its price as these two are different measures arrived at by different means. Investors typically determine if StealthGas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, StealthGas' 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.