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Terra Energy & Res Tech (Terra Energy & Res Tech) Net Income : $-1.21 Mil (TTM As of Sep. 2011)


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What is Terra Energy & Res Tech 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. Terra Energy & Res Tech's Net Income for the three months ended in Sep. 2011 was $-0.15 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2011 was $-1.21 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Terra Energy & Res Tech's Earnings per Share (Diluted) for the three months ended in Sep. 2011 was $-0.00.


Terra Energy & Res Tech Net Income Historical Data

The historical data trend for Terra Energy & Res Tech'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.

Terra Energy & Res Tech Net Income Chart

Terra Energy & Res Tech Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Net Income
Get a 7-Day Free Trial Premium Member Only -10.91 -3.15 -2.39 -2.77 -1.76

Terra Energy & Res Tech Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -0.60 -0.17 -1.05 0.17 -0.15

Terra Energy & Res Tech 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

Terra Energy & Res Tech's Net Income for the fiscal year that ended in Dec. 2010 is calculated as

Net Income(A: Dec. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-1.764
=-1.76

Terra Energy & Res Tech's Net Income for the quarter that ended in Sep. 2011 is calculated as

Net Income(Q: Sep. 2011 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-0.151
=-0.15

Net Income for the trailing twelve months (TTM) ended in Sep. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.21 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.


Terra Energy & Res Tech  (OTCPK:TEGR) 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:

Terra Energy & Res Tech's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2011 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.


Terra Energy & Res Tech Net Income Related Terms

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Terra Energy & Res Tech (Terra Energy & Res Tech) Business Description

Traded in Other Exchanges
N/A
Address
99 Park Avenue, 16th Floor, New York, NY, USA, 10016
Terra Energy & Res Tech provides mapping and analytic services. The services are offered to exploration, drilling and mining companies, using an integrated approach with proprietary attributes to gather, manage and interpret geologic and satellite data.

Terra Energy & Res Tech (Terra Energy & Res Tech) Headlines

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