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Aviation Lease & Finance Co KSCC (KUW:ALAFCO) Net Income : KWD-5.70 Mil (TTM As of Mar. 2024)


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What is Aviation Lease & Finance Co KSCC 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. Aviation Lease & Finance Co KSCC's Net Income for the three months ended in Mar. 2024 was KWD-0.81 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was KWD-5.70 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Aviation Lease & Finance Co KSCC's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was KWD-0.00.


Aviation Lease & Finance Co KSCC Net Income Historical Data

The historical data trend for Aviation Lease & Finance Co KSCC'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.

Aviation Lease & Finance Co KSCC Net Income Chart

Aviation Lease & Finance Co KSCC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.70 -9.79 -23.78 -58.95 -1.15

Aviation Lease & Finance Co KSCC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -0.84 -3.20 2.25 -3.94 -0.81

Aviation Lease & Finance Co KSCC 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

Aviation Lease & Finance Co KSCC's Net Income for the fiscal year that ended in Sep. 2023 is calculated as

Net Income(A: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.15+0+0+0
=-1.15

Aviation Lease & Finance Co KSCC'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
=-0.809+0+0+0
=-0.81

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-5.70 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.


Aviation Lease & Finance Co KSCC  (KUW:ALAFCO) 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:

Aviation Lease & Finance Co KSCC'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.


Aviation Lease & Finance Co KSCC Net Income Related Terms

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Aviation Lease & Finance Co KSCC (KUW:ALAFCO) Business Description

Traded in Other Exchanges
N/A
Address
Abdul Aziz Hamid Al Sagar Street, Second Floor, Chamber of Commerce & Industry Building Annexe, P.O. Box 2255, Al-Qibla, Safat, Kuwait City, KWT, 13023
Aviation Lease & Finance Co KSCC is engaged in the leasing of Aircraft. The company is engaged in the business of aircraft leasing and providing asset management, marketing, and consultancy services to aviation-related businesses in line with the Islamic Shariah principles. The company's offering includes Operating Lease, Sale and Leaseback, and Aircraft Lease Management. Its geographical segments include the Middle East, Asia, Europe, America, and Africa., out of which it generates maximum revenue from Middle East region.

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