GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » US Student Housing REIT (ASX:USQ) » Definitions » Net Income

US Student Housing REIT (ASX:USQ) Net Income : A$6.48 Mil (TTM As of Dec. 2022)


View and export this data going back to 2022. Start your Free Trial

What is US Student Housing REIT 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. US Student Housing REIT's Net Income for the six months ended in Dec. 2022 was A$5.18 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was A$6.48 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. US Student Housing REIT's Earnings per Share (Diluted) for the six months ended in Dec. 2022 was A$0.09.


US Student Housing REIT Net Income Historical Data

The historical data trend for US Student Housing REIT'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.

US Student Housing REIT Net Income Chart

US Student Housing REIT Annual Data
Trend Jun22 Jun23
Net Income
4.38 6.51

US Student Housing REIT Semi-Annual Data
Jun22 Dec22 Jun23
Net Income - 5.18 1.31

US Student Housing REIT 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

US Student Housing REIT's Net Income for the fiscal year that ended in Jun. 2023 is calculated as

Net Income(A: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=6.508+0+0+0
=6.51

US Student Housing REIT's Net Income for the quarter that ended in Dec. 2022 is calculated as

Net Income(Q: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5.175+0+0+0
=5.18

Net Income for the trailing twelve months (TTM) ended in Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$6.48 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.


US Student Housing REIT  (ASX:USQ) 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:

US Student Housing REIT's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2022 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.


US Student Housing REIT Net Income Related Terms

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


US Student Housing REIT (ASX:USQ) Business Description

Traded in Other Exchanges
N/A
Address
575 Bourke Street, Level 1, Melbourne, VIC, AUS, 3000
US Student Housing REIT is a real estate investment trust established to acquire and manage student housing assets located within the proximity of top-tier public universities across the United States. The REIT is focused on seeking to achieve long-term returns through a combination of income through rental yields along with potential long-term capital growth. The REIT is organized into one main operating segment, which invests in US student housing assets.

US Student Housing REIT (ASX:USQ) Headlines

No Headlines