Healthcare Historical Income Statement

HCSG Stock  USD 11.22  0.73  6.11%   
Historical analysis of Healthcare Services income statement accounts such as Total Revenue of 1.8 B or Gross Profit of 264 M can show how well Healthcare Services Group performed in making a profits. Evaluating Healthcare Services income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Healthcare Services's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Healthcare Services 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 Healthcare Services 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 Healthcare Services Group. 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.

About Healthcare Income Statement Analysis

Healthcare Services 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 Healthcare Services shareholders. The income statement also shows Healthcare 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).

Healthcare Services Income Statement Chart

Healthcare Services Group Income Statement is one of the three primary financial statements used for reporting Healthcare's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Healthcare Services revenue and expense. Healthcare Services Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Healthcare Services' Total Revenue is most likely to increase significantly in the upcoming years. The Healthcare Services' current Gross Profit is estimated to increase to about 264 M, while EBIT is projected to decrease to roughly 35.3 M.

Total Revenue

Total revenue comprises all receipts Healthcare Services 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 Healthcare Services Group minus its cost of goods sold. It is profit before Healthcare Services 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 Healthcare Services. It is also known as Healthcare Services 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.

Operating Income

Operating Income is the amount of profit realized from Healthcare Services 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 Healthcare Services Group 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 Healthcare Services' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Healthcare Services 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 Healthcare Services Group. 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.
At this time, Healthcare Services' Total Revenue is most likely to increase significantly in the upcoming years. The Healthcare Services' current Gross Profit is estimated to increase to about 264 M, while EBIT is projected to decrease to roughly 35.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit226.9M193.8M251.5M264.0M
Total Revenue1.6B1.7B1.7B1.8B

Healthcare Services income statement Correlations

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0.80.951.00.570.610.671.00.860.620.210.680.40.910.550.440.48-0.310.630.48-0.06
0.860.950.940.580.630.70.940.90.660.240.690.490.90.610.540.57-0.250.680.52-0.14
0.811.00.940.530.570.631.00.880.580.20.640.360.920.510.460.49-0.350.640.5-0.07
0.130.570.580.530.990.980.560.190.930.060.870.890.230.76-0.19-0.150.410.2-0.250.1
0.20.610.630.570.990.990.60.240.940.110.90.870.290.78-0.11-0.060.340.28-0.150.11
0.30.670.70.630.980.990.660.330.950.180.920.850.370.78-0.030.010.270.36-0.060.13
0.781.00.941.00.560.60.660.850.610.20.670.390.90.530.420.46-0.320.620.47-0.05
0.950.860.90.880.190.240.330.850.270.160.340.10.980.260.730.75-0.560.70.74-0.29
0.310.620.660.580.930.940.950.610.270.420.980.890.320.88-0.04-0.040.40.32-0.090.32
0.40.210.240.20.060.110.180.20.160.420.490.240.210.440.270.150.090.340.30.7
0.390.680.690.640.870.90.920.670.340.980.490.780.40.90.010.030.260.370.010.36
0.10.40.490.360.890.870.850.390.10.890.240.780.120.69-0.14-0.180.640.18-0.270.2
0.920.910.90.920.230.290.370.90.980.320.210.40.120.30.690.7-0.570.710.74-0.13
0.340.550.610.510.760.780.780.530.260.880.440.90.690.30.050.080.320.320.010.26
0.790.440.540.46-0.19-0.11-0.030.420.73-0.040.270.01-0.140.690.050.97-0.550.830.93-0.23
0.780.480.570.49-0.15-0.060.010.460.75-0.040.150.03-0.180.70.080.97-0.60.80.93-0.32
-0.51-0.31-0.25-0.350.410.340.27-0.32-0.560.40.090.260.64-0.570.32-0.55-0.6-0.36-0.740.26
0.740.630.680.640.20.280.360.620.70.320.340.370.180.710.320.830.8-0.360.75-0.04
0.790.480.520.5-0.25-0.15-0.060.470.74-0.090.30.01-0.270.740.010.930.93-0.740.75-0.09
-0.17-0.06-0.14-0.070.10.110.13-0.05-0.290.320.70.360.2-0.130.26-0.23-0.320.26-0.04-0.09
Click cells to compare fundamentals

Healthcare Services Account Relationship Matchups

Healthcare Services income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization13.9M14.3M14.7M8.4M14.3M15.0M
Interest Expense3.5M1.4M1.4M3.0M7.9M8.2M
Total Revenue1.8B1.8B1.6B1.7B1.7B1.8B
Gross Profit227.9M268.0M226.9M193.8M251.5M264.0M
Other Operating Expenses1.8B1.6B1.6B1.6B1.6B1.7B
Operating Income56.7M91.0M31.0M53.5M62.4M38.4M
Ebit56.7M91.0M31.0M53.5M62.4M35.3M
Ebitda70.7M105.2M45.7M61.9M76.7M40.3M
Cost Of Revenue1.6B1.5B1.4B1.5B1.4B1.5B
Total Operating Expenses150.0M150.8M173.1M140.3M189.1M198.5M
Income Before Tax85.1M129.2M61.8M45.1M53.1M42.1M
Total Other Income Expense Net28.4M38.2M30.8M(8.4M)(9.3M)(8.8M)
Net Income64.6M98.7M48.5M34.2M38.4M28.7M
Income Tax Expense20.5M30.5M16.0M10.5M14.7M13.4M
Selling General Administrative142.7M141.6M166.4M149.5M155.3M163.0M
Net Income Applicable To Common Shares64.6M98.7M45.9M34.6M39.8M43.7M
Net Income From Continuing Ops64.6M98.7M45.9M34.6M31.9M60.4M
Selling And Marketing Expenses7.4M9.2M6.7M9.2M10.6M11.1M
Tax Provision20.5M30.5M16.0M10.5M10.1M19.9M
Reconciled Depreciation13.9M14.3M14.7M15.3M14.3M14.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Healthcare Services in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Healthcare Services' short interest history, or implied volatility extrapolated from Healthcare Services options trading.

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When determining whether Healthcare Services is a strong investment it is important to analyze Healthcare Services' 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 Healthcare Services' future performance. For an informed investment choice regarding Healthcare 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 Healthcare Services Group. 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.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is Healthcare Services' 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 Healthcare Services. If investors know Healthcare 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 Healthcare Services 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
0.458
Earnings Share
0.52
Revenue Per Share
22.499
Return On Assets
0.0397
Return On Equity
0.0877
The market value of Healthcare Services is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Services' value that differs from its market value or its book value, called intrinsic value, which is Healthcare Services' 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 Healthcare Services' market value can be influenced by many factors that don't directly affect Healthcare Services' 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 Healthcare Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Services' 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.