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Cascade Acquisition (Cascade Acquisition) Net Income : $11.94 Mil (TTM As of Mar. 2022)


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What is Cascade Acquisition 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. Cascade Acquisition's Net Income for the three months ended in Mar. 2022 was $5.72 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2022 was $11.94 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Cascade Acquisition's Earnings per Share (Diluted) for the three months ended in Mar. 2022 was $.


Cascade Acquisition Net Income Historical Data

The historical data trend for Cascade Acquisition'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.

Cascade Acquisition Net Income Chart

Cascade Acquisition Annual Data
Trend Dec20 Dec21
Net Income
- 15.04

Cascade Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22
Net Income Get a 7-Day Free Trial 8.82 -3.12 6.86 2.48 5.72

Cascade Acquisition 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

Cascade Acquisition's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=15.041+0+0+0
=15.04

Cascade Acquisition's Net Income for the quarter that ended in Mar. 2022 is calculated as

Net Income(Q: Mar. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5.718+0+0+0
=5.72

Net Income for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.94 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.


Cascade Acquisition  (NYSE:CAS.WS) 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:

Cascade Acquisition's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Cascade Acquisition Net Income Related Terms

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Cascade Acquisition (Cascade Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1900 Sunset Harbour Dr., Suite 2102, Miami Beach, FL, USA, 33139
Cascade Acquisition Corp is a blank check company. It is formed for the purpose of entering a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.