GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Conversion Industries Inc (OTCPK:CVII) » Definitions » Net Income

Conversion Industries (Conversion Industries) Net Income : $-21.10 Mil (TTM As of Jun. 2094)


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

What is Conversion Industries 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. Conversion Industries's Net Income for the six months ended in Jun. 2094 was $-21.10 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2094 was $-21.10 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Conversion Industries's Earnings per Share (Diluted) for the six months ended in Jun. 2094 was $-4.23.


Conversion Industries Net Income Historical Data

The historical data trend for Conversion Industries'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.

Conversion Industries Net Income Chart

Conversion Industries Annual Data
Trend Nov90 Jun91 Jun92 Jun93 Jun94
Net Income
-3.50 0.60 2.10 11.00 -21.10

Conversion Industries Semi-Annual Data
Nov90 Jun92 Jun93 Jun94
Net Income -3.50 2.10 11.00 -21.10

Conversion Industries 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

Conversion Industries's Net Income for the fiscal year that ended in Jun. 2094 is calculated as

Net Income(A: Jun. 2094 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-25.7+4.6+0.2+-0.2
=-21.10

Conversion Industries's Net Income for the quarter that ended in Jun. 2094 is calculated as

Net Income(Q: Jun. 2094 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-25.7+4.6+0.2+-0.2
=-21.10

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Jun. 2094 was $-21.10 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.


Conversion Industries  (OTCPK:CVII) 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:

Conversion Industries's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2094 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.


Conversion Industries Net Income Related Terms

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


Conversion Industries (Conversion Industries) Business Description

Traded in Other Exchanges
N/A
Address
Website
Conversion Industries, Inc. operates as a merchant banker. The Company's principal activity is to make equity investments in companies with the intention of assisting the company in making a public offering.