GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Barita Investments Ltd (XJAM:BIL) » Definitions » Net Income

Barita Investments (XJAM:BIL) Net Income : JMD2,742 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Barita Investments 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. Barita Investments's Net Income for the three months ended in Mar. 2024 was JMD1,426 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was JMD2,742 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Barita Investments's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was JMD1.19.


Barita Investments Net Income Historical Data

The historical data trend for Barita Investments'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.

Barita Investments Net Income Chart

Barita Investments 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 1,712.78 2,758.53 4,058.60 4,221.26 3,415.00

Barita Investments 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 1,508.24 504.02 332.68 479.32 1,426.23

Barita Investments 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

Barita Investments'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
=4579.552+-1164.552+0+0
=3,415

Barita Investments'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
=2050.385+-624.152+0+-2.2737367544323E-13
=1,426

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 JMD2,742 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.


Barita Investments  (XJAM:BIL) 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:

Barita Investments'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.


Barita Investments Net Income Related Terms

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


Barita Investments (XJAM:BIL) Business Description

Traded in Other Exchanges
N/A
Address
15 Street Lucia Way, Kingston, JAM, 5
Barita Investments Ltd is a stock broking company. Its services include fixed-income services, fund management services, and the operation of foreign exchange and other income. The group has three business segments; The fixed income segment includes money market activities and securities broking, the Funds management segment includes the administration of a number of managed funds, and the Other operations segment includes the operation of foreign exchange cambio, investment banking, stock broking, and any other income.

Barita Investments (XJAM:BIL) Headlines

From GuruFocus

Top 5 4th Quarter Trades of STERLING INVESTMENT MANAGEMENT, LLC

By GuruFocus Research GuruFocus Editor 01-13-2023

Lionsbridge Wealth Management LLC Buys 4, Sells 1 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 11-17-2022

Top 5 3rd Quarter Trades of Global Retirement Partners, LLC

By GuruFocus Research GuruFocus Editor 11-03-2022

Top 5 1st Quarter Trades of CENTAURUS FINANCIAL, INC.

By GuruFocus Research GuruFocus Editor 05-18-2023

Top 5 3rd Quarter Trades of EUDAIMONIA ADVISORS LLC

By GuruFocus Research GuruFocus Editor 11-04-2022

Top 5 3rd Quarter Trades of Financial Management Professionals, Inc.

By GuruFocus Research GuruFocus Editor 10-28-2022

Top 5 3rd Quarter Trades of CAPTRUST FINANCIAL ADVISORS

By GuruFocus Research GuruFocus Editor 11-17-2022

Moloney Securities Asset Management, LLC Buys 3, Sells 2 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 10-31-2022

Top 5 4th Quarter Trades of Peak Asset Management, LLC

By GuruFocus Research GuruFocus Editor 01-30-2023

Top 5 4th Quarter Trades of Fort Point Capital Partners LLC

By GuruFocus Research GuruFocus Editor 02-17-2023