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Buscar Co (Buscar Co) Net Income : $-3.37 Mil (TTM As of Mar. 2017)


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What is Buscar Co 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. Buscar Co's Net Income for the six months ended in Mar. 2017 was $-3.37 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2017 was $-3.37 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Buscar Co's Earnings per Share (Diluted) for the six months ended in Mar. 2017 was $-0.08.


Buscar Co Net Income Historical Data

The historical data trend for Buscar Co'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.

Buscar Co Net Income Chart

Buscar Co Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Net Income
Get a 7-Day Free Trial -0.07 -14.01 -0.03 -0.60 -0.53

Buscar Co Semi-Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Net Income Get a 7-Day Free Trial -14.01 -0.03 -0.60 -0.53 -3.37

Buscar Co 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

Buscar Co's Net Income for the fiscal year that ended in Mar. 2016 is calculated as

Net Income(A: Mar. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.525+0+0+0
=-0.53

Buscar Co's Net Income for the quarter that ended in Mar. 2017 is calculated as

Net Income(Q: Mar. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.373+0+0+0
=-3.37

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Mar. 2017 was $-3.37 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.


Buscar Co  (OTCPK:CGLD) 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:

Buscar Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2017 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.


Buscar Co Net Income Related Terms

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Buscar Co (Buscar Co) Business Description

Traded in Other Exchanges
N/A
Address
9663 Santa Monica Boulevard, Suite 688, Beverly hills, CA, USA, 90210
Buscar Co is a mining company that develops, restores, and enhances mining on the Treasure Canyon Lode Mine. Treasure Canyon Lode Mine contains multiple heavy veins containing gold, silver, PGMs, copper, and rare earth metals. The company has 10 unpatented mining claims to develop and mine.

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