ATT Historical Income Statement
T Stock | USD 18.22 0.60 3.41% |
Historical analysis of ATT income statement accounts such as Other Operating Expenses of 69.7 B or Operating Income of 14.1 B can show how well ATT Inc performed in making a profits. Evaluating ATT income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ATT's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ATT Inc 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 ATT Inc is a good buy for the upcoming year.
ATT |
About ATT Income Statement Analysis
ATT Inc 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 ATT shareholders. The income statement also shows ATT 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).
ATT Income Statement Chart
ATT Inc Income Statement is one of the three primary financial statements used for reporting ATT's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ATT Inc revenue and expense. ATT Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ATT's Interest Expense is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 31.7 B in 2024, whereas Gross Profit is likely to drop slightly above 45.6 B in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts ATT Inc 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 ATT Inc minus its cost of goods sold. It is profit before ATT 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.Operating Income
Operating Income is the amount of profit realized from ATT Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ATT Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from ATT's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ATT Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, ATT's Interest Expense is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 31.7 B in 2024, whereas Gross Profit is likely to drop slightly above 45.6 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 89.1B | 69.9B | 53.5B | 45.6B | Total Revenue | 168.9B | 120.7B | 122.4B | 83.5B |
ATT income statement Correlations
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ATT Account Relationship Matchups
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ATT income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 28.6B | 28.5B | 22.9B | 18.0B | 18.8B | 13.3B | |
Interest Expense | 8.4B | 7.9B | 6.9B | 6.1B | 6.9B | 7.2B | |
Total Revenue | 181.2B | 171.8B | 168.9B | 120.7B | 122.4B | 83.5B | |
Gross Profit | 97.1B | 91.8B | 89.1B | 69.9B | 53.5B | 45.6B | |
Other Operating Expenses | 151.8B | 146.5B | 140.6B | 97.8B | 97.7B | 69.7B | |
Operating Income | 28.0B | 23.9B | 38.7B | 30.5B | 24.8B | 14.1B | |
Ebit | 28.0B | 23.9B | 38.7B | 30.5B | 24.8B | 15.4B | |
Ebitda | 56.6B | 52.5B | 61.6B | 48.5B | 43.5B | 28.7B | |
Cost Of Revenue | 84.1B | 79.9B | 79.8B | 50.8B | 68.9B | 37.9B | |
Total Operating Expenses | 67.6B | 66.6B | 60.8B | 47.0B | 28.8B | 31.7B | |
Income Before Tax | 18.5B | (2.9B) | 26.9B | (3.1B) | 19.8B | 10.7B | |
Total Other Income Expense Net | (9.5B) | (26.8B) | (11.8B) | (33.6B) | (4.9B) | (4.7B) | |
Net Income | 13.9B | (3.8B) | 20.1B | (8.5B) | 14.4B | 7.8B | |
Income Tax Expense | 3.5B | 965M | 5.5B | 3.8B | 4.2B | 2.7B | |
Selling General Administrative | 33.3B | 38.0B | 37.9B | 29.0B | 28.9B | 28.5B | |
Net Income Applicable To Common Shares | 13.9B | (5.4B) | 19.9B | (8.7B) | (10.0B) | (9.5B) | |
Research Development | 1.3B | 1.2B | 1.3B | 1.2B | 954M | 1.3B | |
Minority Interest | 1.1B | 1.4B | (1.4B) | (1.5B) | (1.2B) | (1.2B) | |
Net Income From Continuing Ops | 15.0B | (3.8B) | 21.5B | (6.9B) | 15.6B | 10.5B | |
Non Operating Income Net Other | (1.1B) | (1.3B) | 10.5B | 7.6B | 8.7B | 9.2B | |
Tax Provision | 3.5B | 965M | 5.5B | 3.8B | 4.2B | 2.6B | |
Interest Income | 8.2B | 7.8B | 6.3B | 4.3B | 5.0B | 6.9B | |
Net Interest Income | (8.4B) | (7.9B) | (6.9B) | (6.1B) | (6.7B) | (7.0B) | |
Reconciled Depreciation | 28.2B | 28.5B | 33.9B | 18.0B | 18.8B | 20.6B |
Pair Trading with ATT
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 ATT 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 ATT will appreciate offsetting losses from the drop in the long position's value.Moving together with ATT Stock
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Moving against ATT Stock
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The ability to find closely correlated positions to ATT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATT 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 ATT - 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 ATT Inc to buy it.
The correlation of ATT 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 ATT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATT Inc 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 ATT 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 World Market Map to better understand how to build diversified portfolios, which includes a position in ATT Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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When running ATT's price analysis, check to measure ATT'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 ATT is operating at the current time. Most of ATT's value examination focuses on studying past and present price action to predict the probability of ATT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATT's price. Additionally, you may evaluate how the addition of ATT to your portfolios can decrease your overall portfolio volatility.
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Is ATT'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 ATT. If investors know ATT 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 ATT 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 (0.17) | Dividend Share 1.11 | Earnings Share 1.86 | Revenue Per Share 17.019 | Quarterly Revenue Growth (0) |
The market value of ATT Inc is measured differently than its book value, which is the value of ATT that is recorded on the company's balance sheet. Investors also form their own opinion of ATT's value that differs from its market value or its book value, called intrinsic value, which is ATT'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 ATT's market value can be influenced by many factors that don't directly affect ATT'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 ATT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATT'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.