Historical analysis of Globus Medical income statement accounts such as Cost of Revenue of 84.7 M or Earning Before Interest and Taxes EBIT of 121.8 M can show how well Globus Medical performed in making a profits. Evaluating Globus Medical income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Globus Medical future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Globus Medical latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Globus Medical is a good buy for the upcoming year. Please also check Risk vs Return Analysis.
Earning Before Interest and Taxes EBITEarnings Before Interest and Tax is calculated by adding [TaxExp] and [IntExp] back to [NetInc].
Net IncomeNet income is one of the most important fundamental items in finance. It plays a large role in Globus Medical financial statement analysis. It represents the amount of money remaining after all of Globus Medical operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of [NetIncNCI] from [ConsolInc]; and before the deduction of [PrefDivIS].
RevenuesRevenues refers to the total amount of money received by Globus Medical for goods sold or services provided during a certain time period. It also includes all of Globus Medical sales as well as any other increase in Globus Medical equity.Revenues are reported on Globus Medical income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.