Euronav NV (EURN) Financials

The income statement of Euronav NV (EURN) provides an overview of the company's financial performance. It includes the revenue, gross profit, EBIT (earnings before interest and taxes), EBITDA (earnings before interest, taxes, depreciation, and amortization), and net income from stockholders. Euronav's total revenue represents the sum of its sales and other operating income. Gross profit is calculated by deducting the cost of goods sold from revenue. EBIT measures the company's profitability before accounting for interest and taxes, while EBITDA adds back non-cash expenses like depreciation and amortization. Net income from stockholders reflects the profit available to the company's shareholders after all expenses and taxes have been accounted for.

The balance sheet of Euronav NV (EURN) provides a snapshot of the company's financial position at a specific point in time. It shows the company's assets, liabilities, and stockholders' equity. Total assets represent the value of all the resources owned by the company, including cash, inventory, and fixed assets. Total liabilities include the company's debts and other obligations. Stockholders' equity represents the residual interest in the company's assets after deducting liabilities. Cash equivalents on the balance sheet include highly liquid assets that can be readily converted into cash. Net debt is calculated by subtracting cash and cash equivalents from total debt. It provides an indication of the company's overall debt burden.

The cash flow statement of Euronav NV (EURN) provides information about the company's cash inflows and outflows during a specific period. It consists of three sections: operating activities, investing activities, and financing activities. Operating cash flow represents the cash generated from the company's core operations, such as sales and expenses. Investing cash flow includes the cash flows related to the purchase and sale of assets, investments, and loans. Financing cash flow reflects the cash flows from issuing or repaying debt, issuing or repurchasing equity, and payment of dividends. Free cash flow is calculated by subtracting capital expenditures from operating cash flow and represents the cash available for distribution to investors or reinvestment in the company.

In summary, Euronav NV's financials provide insights into the company's revenue, profitability, financial position, and cash flows. The income statement highlights the company's revenue, gross profit, and net income. The balance sheet shows the company's assets, liabilities, and stockholders' equity, including cash equivalents and net debt. The cash flow statement provides details on the company's cash inflows and outflows, highlighting operating, investing, and financing activities. These financial metrics help investors and analysts assess Euronav NV's financial performance and make informed investment decisions.