Comprehensive Income

AAA

DEFINITION of 'Comprehensive Income'

The change in a company's net assets from nonowner sources over a specified period of time. Comprehensive income is a statement of all income and expenses recognized during that period. The statement includes revenue, finance costs, tax expenses, discontinued operations, profit share and profit/loss.

INVESTOPEDIA EXPLAINS 'Comprehensive Income'

Companies typically report comprehensive income in a separate statement from income resulting from owner changes in equity, but have the option of providing information in a single statement. Many firms shy away from the single statement approach because it mixes owner and nonowner activity, which can muddle the underlying information.

RELATED TERMS
  1. Income

    Money that an individual or business receives in exchange for ...
  2. Cumulative Translation Adjustment ...

    An entry in the comprehensive income section of a translated ...
  3. Income Statement

    A financial statement that measures a company's financial performance ...
  4. Income Tax

    A tax that governments impose on financial income generated by ...
  5. Net Income - NI

    1. A company's total earnings (or profit). Net income is calculated ...
  6. Net Operating Income - NOI

    A company's operating income after operating expenses are deducted, ...
Related Articles
  1. 12 Things You Need To Know About Financial ...
    Investing Basics

    12 Things You Need To Know About Financial ...

  2. Understanding The Income Statement
    Forex Education

    Understanding The Income Statement

  3. Cleaning Up Dirty Surplus Items On The ...
    Markets

    Cleaning Up Dirty Surplus Items On The ...

  4. Beware Of Wall Street's Three Big Lies
    Fundamental Analysis

    Beware Of Wall Street's Three Big Lies

comments powered by Disqus
Hot Definitions
  1. Passive ETF

    One of two types of exchange-traded funds (ETFs) available for investors. Passive ETFs are index funds that track a specific ...
  2. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  3. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  4. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
Trading Center