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Arian Resources (Arian Resources) Net Income : $-4.95 Mil (TTM As of Nov. 2016)


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What is Arian Resources 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. Arian Resources's Net Income for the three months ended in Nov. 2016 was $-0.10 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2016 was $-4.95 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Arian Resources's Earnings per Share (Diluted) for the three months ended in Nov. 2016 was $-0.00.


Arian Resources Net Income Historical Data

The historical data trend for Arian Resources'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.

Arian Resources Net Income Chart

Arian Resources Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.07 -2.24 -7.43 -1.81 -5.21

Arian Resources Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 -0.30 -0.46 -4.29 -0.11 -0.10

Arian Resources 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

Arian Resources's Net Income for the fiscal year that ended in May. 2016 is calculated as

Net Income(A: May. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.21+0+0+0
=-5.21

Arian Resources's Net Income for the quarter that ended in Nov. 2016 is calculated as

Net Income(Q: Nov. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.1+0+0+0
=-0.10

Net Income for the trailing twelve months (TTM) ended in Nov. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.95 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.


Arian Resources  (OTCPK:GNHRF) 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:

Arian Resources's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 2016 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.


Arian Resources Net Income Related Terms

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Arian Resources (Arian Resources) Business Description

Traded in Other Exchanges
N/A
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Arian Resources Corp is a mineral exploration company. It is engaged in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, platinum group elements, chromite, and copper ores. It holds interests in Albanian exploration projects located in Northern Albania and also owns interest in a copper mining exploitation permit located in Albania. It operates through Mineral exploration segment and generates revenue from the same.

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