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Star Equity Holdings (Star Equity Holdings) Net Income : $25.13 Mil (TTM As of Dec. 2023)


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What is Star Equity Holdings 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. Star Equity Holdings's Net Income for the three months ended in Dec. 2023 was $1.73 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $25.13 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Star Equity Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.08.


Star Equity Holdings Net Income Historical Data

The historical data trend for Star Equity Holdings'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.

Star Equity Holdings Net Income Chart

Star Equity Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.63 -6.46 -2.98 -5.25 25.13

Star Equity Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.91 0.44 25.59 -2.62 1.73

Star Equity Holdings 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

Star Equity Holdings's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.521+0.614+27.039+0
=25.13

Star Equity Holdings's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.961+0.847+-0.08+2.2204460492503E-16
=1.73

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.13 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.


Star Equity Holdings  (NAS:STRR) 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:

Star Equity Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 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.


Star Equity Holdings Net Income Related Terms

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Star Equity Holdings (Star Equity Holdings) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Suite 101, Old Greenwich, CT, USA, 06870
Star Equity Holdings Inc is a multi-industry diversified holding company with three segments; Healthcare segment provides products and services in the area of nuclear medicine imaging with a focus on cardiac health. It provides imaging services to healthcare providers using a fleet of solid-state gamma cameras and also the manufacturing, distribution, and maintenance of gamma cameras, The construction segment manufactures modular housing units for commercial and residential applications. It operates in two businesses: modular building manufacturing and structural wall panel and wood foundation manufacturing, including building supply retail operations, and The investments segment generates intercompany revenue from the lease of commercial properties and equipment.
Executives
Thatcher Butcher officer: President - KBS C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Coleman Richard Kenneth Jr. officer: Chief Operating Officer 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Ronald A. Schumacher officer: Exec Chairman - EdgeBuilder C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Jeffrey E. Eberwein director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Mitchell I Quain director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
John W Gildea director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Hannah M. Bible officer: Chief Legal Officer 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Michael A. Cunnion director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
David James Noble officer: Chief Operating Officer 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Matthew G. Molchan officer: President and CEO 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
John M Climaco director PO BOX 326, PARK CITY UT 84060
Virgil Lott officer: President, Diagnostic Imaging 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Michael Debeauvernet officer: General Manager,Mobile Imaging C/O DIGIRAD CORPORATION, 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Jeffry R. Keyes officer: Chief Financial Officer 13950 STOWE DRIVE, POWAY CA 92064-8803