NGL Historical Income Statement
| NGL Stock | USD 5.93 0.07 1.17% |
Historical analysis of NGL Energy income statement accounts such as Total Revenue of 8.4 B can show how well NGL Energy Partners performed in making a profits. Evaluating NGL Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NGL Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining NGL Energy Partners 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 NGL Energy Partners is a good buy for the upcoming year.
NGL |
About NGL Income Statement Analysis
NGL Energy Partners 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 NGL Energy shareholders. The income statement also shows NGL 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).
NGL Energy Income Statement Chart
NGL Energy Partners Income Statement is one of the three primary financial statements used for reporting NGL's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NGL Energy Partners revenue and expense. NGL Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, NGL Energy's Income Before Tax is quite stable compared to the past year. Net Income is expected to rise to about 48.6 M this year, although the value of Selling General Administrative will most likely fall to about 82.1 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts NGL Energy Partners 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 NGL Energy Partners minus its cost of goods sold. It is profit before NGL Energy 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 NGL Energy Partners. It is also known as NGL 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 NGL Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NGL Energy Partners 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, NGL Energy's Income Before Tax is quite stable compared to the past year. Net Income is expected to rise to about 48.6 M this year, although the value of Selling General Administrative will most likely fall to about 82.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 254.7M | 258.7M | 297.5M | 312.4M | Depreciation And Amortization | 306.2M | 290.9M | 334.5M | 189.7M |
NGL Energy income statement Correlations
Click cells to compare fundamentals
NGL Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NGL Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 276.8M | 331.2M | 306.2M | 290.9M | 334.5M | 189.7M | |
| Interest Expense | 181.2M | 198.8M | 254.7M | 258.7M | 297.5M | 312.4M | |
| Selling General Administrative | 113.7M | 70.5M | 63.5M | 71.8M | 82.6M | 82.1M | |
| Total Revenue | 7.6B | 5.2B | 7.9B | 8.7B | 10.0B | 8.4B | |
| Gross Profit | 714.3M | 416.0M | 519.9M | 771.3M | 886.9M | 931.3M | |
| Other Operating Expenses | 7.3B | 5.1B | 7.8B | 8.3B | 9.6B | 8.3B | |
| Operating Income | 261.4M | 50.1M | 164.0M | 392.2M | 451.0M | 473.6M | |
| Ebit | 261.4M | 50.1M | 164.0M | 392.2M | 451.0M | 473.6M | |
| Ebitda | 538.3M | 381.3M | 470.2M | 683.1M | 785.5M | 824.8M | |
| Cost Of Revenue | 6.9B | 4.8B | 7.4B | 7.9B | 9.1B | 7.9B | |
| Total Operating Expenses | 455.9M | 331.3M | 342.6M | 395.2M | 454.5M | 367.1M | |
| Income Before Tax | (180.2M) | (640.8M) | (183.1M) | 52.8M | 47.5M | 49.9M | |
| Total Other Income Expense Net | (441.6M) | (690.9M) | (347.1M) | (339.4M) | (305.5M) | (290.2M) | |
| Net Income Applicable To Common Shares | (397.0M) | (639.8M) | (184.8M) | (73.2M) | (65.9M) | (69.2M) | |
| Net Income | (180.5M) | (637.4M) | (184.1M) | 51.4M | 46.2M | 48.6M | |
| Income Tax Expense | 345K | (3.4M) | 971K | 271K | 243.9K | 231.7K | |
| Net Income From Continuing Ops | (180.5M) | (637.4M) | (184.1M) | 52.5M | 47.2M | 49.6M | |
| Non Operating Income Net Other | 2.5M | 1.3M | (51.3M) | 5.5M | 4.9M | 8.1M | |
| Minority Interest | 1.8M | 632K | 655K | (1.1M) | (1.3M) | (1.3M) | |
| Tax Provision | 345K | (3.4M) | 971K | 271K | 311.7K | 327.2K | |
| Interest Income | 1.5M | 191.3M | 265.5M | 266.5M | 306.4M | 321.7M | |
| Discontinued Operations | (47.1M) | 418.9M | (218.2M) | (1.8M) | (1.6M) | (1.5M) | |
| Net Interest Income | (179.7M) | (198.8M) | (271.6M) | (275.4M) | (247.9M) | (260.3M) | |
| Reconciled Depreciation | 276.8M | 331.2M | 306.2M | 290.9M | 334.5M | 312.1M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the NGL Energy Partners information on this page should be used as a complementary analysis to other NGL Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for NGL Stock analysis
When running NGL Energy's price analysis, check to measure NGL 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 NGL Energy is operating at the current time. Most of NGL Energy's value examination focuses on studying past and present price action to predict the probability of NGL 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 NGL Energy's price. Additionally, you may evaluate how the addition of NGL Energy to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |
Is NGL 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 NGL Energy. If investors know NGL 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 NGL 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 (0.60) | Earnings Share (0.60) | Revenue Per Share 55.91 | Quarterly Revenue Growth (0.13) | Return On Assets 0.0427 |
The market value of NGL Energy Partners is measured differently than its book value, which is the value of NGL that is recorded on the company's balance sheet. Investors also form their own opinion of NGL Energy's value that differs from its market value or its book value, called intrinsic value, which is NGL 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 NGL Energy's market value can be influenced by many factors that don't directly affect NGL 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 NGL Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NGL Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NGL 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.