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Volcan Holdings (Volcan Holdings) Net Income : $-3.05 Mil (TTM As of Jun. 2010)


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What is Volcan Holdings 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. Volcan Holdings's Net Income for the three months ended in Jun. 2010 was $-2.95 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2010 was $-3.05 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Volcan Holdings's Earnings per Share (Diluted) for the three months ended in Jun. 2010 was $-0.03.


Volcan Holdings Net Income Historical Data

The historical data trend for Volcan Holdings'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.

Volcan Holdings Net Income Chart

Volcan Holdings Annual Data
Trend Aug07 Aug08 Jun09 Jun10
Net Income
-0.02 -0.03 -1.53 -3.05

Volcan Holdings Quarterly Data
Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 -0.47 -0.22 0.24 -0.11 -2.95

Volcan Holdings 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

Volcan Holdings's Net Income for the fiscal year that ended in Jun. 2010 is calculated as

Net Income(A: Jun. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.254+0.203+0+0
=-3.05

Volcan Holdings's Net Income for the quarter that ended in Jun. 2010 is calculated as

Net Income(Q: Jun. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.154+0.203+0+-0.00099999999999989
=-2.95

Net Income for the trailing twelve months (TTM) ended in Jun. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.05 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.


Volcan Holdings  (OTCPK:VOHO) 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:

Volcan Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2010 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.


Volcan Holdings Net Income Related Terms

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Volcan Holdings (Volcan Holdings) Business Description

Traded in Other Exchanges
N/A
Address
412 North Main Street, Suite 100, Buffalo, WY, USA, 82834
Volcan Holdings Inc operates in the industrial metals and minerals industry. The company is engaged in mineral exploration and development in Australia. The primary business is a bauxite alumina resource company.

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