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Voya Emerging Markets High Dividend Equity Fund (Voya Emerging Markets High Dividend Equity Fund) Net Income : $3.41 Mil (TTM As of Aug. 2023)


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What is Voya Emerging Markets High Dividend Equity Fund 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. Voya Emerging Markets High Dividend Equity Fund's Net Income for the six months ended in Aug. 2023 was $3.22 Mil. Its Net Income for the trailing twelve months (TTM) ended in Aug. 2023 was $3.41 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Voya Emerging Markets High Dividend Equity Fund's Earnings per Share (Diluted) for the six months ended in Aug. 2023 was $0.18.


Voya Emerging Markets High Dividend Equity Fund Net Income Historical Data

The historical data trend for Voya Emerging Markets High Dividend Equity Fund'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.

Voya Emerging Markets High Dividend Equity Fund Net Income Chart

Voya Emerging Markets High Dividend Equity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Income
Get a 7-Day Free Trial -4.61 -10.37 30.35 -3.67 -17.04

Voya Emerging Markets High Dividend Equity Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 -5.67 -17.24 0.19 3.22

Voya Emerging Markets High Dividend Equity Fund 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

Voya Emerging Markets High Dividend Equity Fund's Net Income for the fiscal year that ended in Feb. 2023 is calculated as

Net Income(A: Feb. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-17.042+0+0+0
=-17.04

Voya Emerging Markets High Dividend Equity Fund's Net Income for the quarter that ended in Aug. 2023 is calculated as

Net Income(Q: Aug. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3.218+0+0+0
=3.22

Net Income for the trailing twelve months (TTM) ended in Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3.41 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.


Voya Emerging Markets High Dividend Equity Fund  (NYSE:IHD) 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:

Voya Emerging Markets High Dividend Equity Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Aug. 2023 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.


Voya Emerging Markets High Dividend Equity Fund Net Income Related Terms

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Voya Emerging Markets High Dividend Equity Fund (Voya Emerging Markets High Dividend Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Emerging Markets High Dividend Equity Fund is a diversified closed-end management investment company. Its primary investment objective is to provide total return through a combination of current income, capital gains, and capital appreciation. It seeks to achieve its investment objectives by investing principally in a portfolio of equity securities, and issuers in emerging market countries. The Fund will also normally seek to secure gains and enhance the stability of returns over a market cycle by writing (selling) call options on selected exchange-traded funds (ETFs) and/or international, regional, or country indices of equity securities, and/or on equity securities.
Executives
Vincent J Costa other: Managing Director 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Paul Zemsky other: SMD, CIO 230 PARK AVENUE, NEW YORK NY 10169
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Mark Weber officer: Executive Vice President 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Russell H Jones director
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Gilbert Van Hassel officer: to subadvisor PRINSES BEATRIXLAAN 15, DEN HAAG P7 2595AK
Van Den Heuvel Adrianus Albertus Marinus officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS
Dirk Albert Buggenhout officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS

Voya Emerging Markets High Dividend Equity Fund (Voya Emerging Markets High Dividend Equity Fund) Headlines