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Anworth Mortgage Asset (Anworth Mortgage Asset) Net Income : $-103.69 Mil (TTM As of Dec. 2020)


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What is Anworth Mortgage Asset 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. Anworth Mortgage Asset's Net Income for the three months ended in Dec. 2020 was $23.42 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2020 was $-103.69 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Anworth Mortgage Asset's Earnings per Share (Diluted) for the three months ended in Dec. 2020 was $.


Anworth Mortgage Asset Net Income Historical Data

The historical data trend for Anworth Mortgage Asset'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.

Anworth Mortgage Asset Net Income Chart

Anworth Mortgage Asset Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.49 54.37 -6.49 -55.42 -103.69

Anworth Mortgage Asset Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 29.74 -185.82 36.84 21.87 23.42

Anworth Mortgage Asset 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

Anworth Mortgage Asset's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

Net Income(A: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-103.693+0+0+0
=-103.69

Anworth Mortgage Asset's Net Income for the quarter that ended in Dec. 2020 is calculated as

Net Income(Q: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=23.419+0+0+0
=23.42

Net Income for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-103.69 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.


Anworth Mortgage Asset  (NYSE:ANHpC.PFD) 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:

Anworth Mortgage Asset's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2020 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.


Anworth Mortgage Asset Net Income Related Terms

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Anworth Mortgage Asset (Anworth Mortgage Asset) Business Description

Traded in Other Exchanges
N/A
Address
1299 Ocean Avenue, Second Floor, Santa Monica, CA, USA, 90401
Anworth Mortgage Asset Corp is engaged in the business of investment, financing, & management of a leveraged portfolio of residential mortgage-backed securities & residential mortgage loans which includes different types of investments such as Agency mortgage-backed securities, Non-agency mortgage-backed securities, & Residential mortgage loans through consolidated securitization trusts. Agency MBS include residential mortgage pass-through certificates or CMOs in which the principal and interest payments are guaranteed by a government-sponsored enterprise. Non-Agency MBS are issued by companies that are not guaranteed by federally sponsored enterprises, and the company finances its residential mortgage loans through asset-backed securities issued by the consolidated securitization trusts.
Executives
Dominique Mielle director C/O ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401
Mark S Maron director C/O TRUE RELIGION APPAREL, INC., 1525 RIO VISTA AVENUE, LOS ANGELES CA 90023
Anworth Mortgage Asset Corp director 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401
Joe E Davis director 3436 CARIBETH DR, ENCINO CA 91436
Robert Craig Davis director ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVE., SUITE 250, SANTA MONICA CA 90401
Charles Black director 525 ALMA REAL DRIVE, PACIFIC PALASADES CA 90272
Claus H Lund officer: Chief Executive Officer
Russell J Thompson officer: Chief Financial Officer 500 SANSOME STREET, 8TH FLOOR, SAN FRANCISCO CA 94111
Charles Jay Siegel officer: Senior Vice President 1299 OCEAN AVENUE, SUITE 250, SANTA MONICA CA 90401
Joseph Lloyd Mcadams director, officer: Chairman, President and CEO 1299 OCEAN AVE., SUITE 250, SANTA MONICA CA 90401
Heather U Baines officer: Executive Vice President 1299 OCEAN AVE., SUITE 250, SANTA MONICA CA 90401
Bistra Pashamova officer: Vice President
Ault Lee A Iii director
Joseph E Mcadams director, officer: Chief Investment Officer, EVP 1299 OCEAN AVE., SUITE 250, SANTA MONICA CA 90401
Evangelos Karagiannis officer: Vice President 1299 OCEAN AVE., SUITE 250, SANTA MONICA CA 90401