GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Capital Gearing Trust PLC (LSE:CGT) » Definitions » Net Income

Capital Gearing Trust (LSE:CGT) Net Income : £13.74 Mil (TTM As of Mar. 2024)


View and export this data going back to 1973. Start your Free Trial

What is Capital Gearing Trust Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Capital Gearing Trust's Net Income for the six months ended in Mar. 2024 was £31.96 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was £13.74 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Capital Gearing Trust's Earnings per Share (Diluted) for the six months ended in Mar. 2024 was £1.37.


Capital Gearing Trust Net Income Historical Data

The historical data trend for Capital Gearing Trust's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Capital Gearing Trust Net Income Chart

Capital Gearing Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.48 63.67 68.22 -51.39 13.74

Capital Gearing Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.31 -50.51 -0.88 -18.23 31.96

Capital Gearing Trust Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Capital Gearing Trust's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=16.955+-3.22+0+1.7763568394003E-15
=13.74

Capital Gearing Trust's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=33.366+-1.402+0+0
=31.96

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £13.74 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Capital Gearing Trust  (LSE:CGT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Capital Gearing Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Capital Gearing Trust Net Income Related Terms

Thank you for viewing the detailed overview of Capital Gearing Trust's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Capital Gearing Trust (LSE:CGT) Business Description

Traded in Other Exchanges
Address
C/o Carson Mcdowell Llp, Murray House, Murray Street, Belfast, GBR, BT1 6DN
Capital Gearing Trust PLC is an investment company. The company investment objectives are to preserve shareholder's real wealth and to achieve absolute total return over the medium to longer term. It aims to achieve its investment objectives through investment in quoted closed-ended funds and other collective investment vehicles, bonds, commodities, and cash, when appropriate.

Capital Gearing Trust (LSE:CGT) Headlines

No Headlines