Comprehensive Income Formula
Definition: Comprehensive Income captures all changes in equity from non-owner sources, including unrealized gains/losses on available-for-sale securities, for…
Equation
Comprehensive Income = Net Income + Other Comprehensive Income (OCI)
Comprehensive Income captures all changes in equity from non-owner sources, including unrealized gains/losses on available-for-sale securities, foreign currency translation adjustments, and pension adjustments that bypass the income statement.
External Links
- Statement of comprehensive income — Wikipedia