GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Minerals Ltd (OTCPK:DSCR) » Definitions » Net Income

Discovery Minerals (Discovery Minerals) Net Income : $0.00 Mil (TTM As of . 20)


View and export this data going back to 2006. Start your Free Trial

What is Discovery Minerals 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. Discovery Minerals's Net Income for the three months ended in . 20 was $0.00 Mil. Its Net Income for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Discovery Minerals's Earnings per Share (Diluted) for the three months ended in . 20 was $.


Discovery Minerals Net Income Historical Data

The historical data trend for Discovery Minerals'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.

Discovery Minerals Net Income Chart

Discovery Minerals Annual Data
Trend
Net Income

Discovery Minerals Quarterly Data
Net Income

Discovery Minerals 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

Discovery Minerals's Net Income for the fiscal year that ended in . 20 is calculated as

Net Income(A: . 20 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=+++0
=0.00

Discovery Minerals's Net Income for the quarter that ended in . 20 is calculated as

Net Income(Q: . 20 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=+++0
=0.00

Net Income for the trailing twelve months (TTM) ended in . 20 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Discovery Minerals  (OTCPK:DSCR) 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:

Discovery Minerals's Earnings per Share (Diluted) (EPS) for the quarter that ended in . 20 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.


Discovery Minerals Net Income Related Terms

Thank you for viewing the detailed overview of Discovery Minerals's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Discovery Minerals (Discovery Minerals) Business Description

Traded in Other Exchanges
N/A
Address
429 W. Plumb Lane, Reno, NV, USA, 89509
Discovery Minerals Ltd is a United States-based acquisition and development company. The company targets natural resource properties through its subsidiaries. The properties fall within two primary channels, precious metals such as gold, silver, and precious metals, and industrial hemp.

Discovery Minerals (Discovery Minerals) Headlines

From GuruFocus

Update from Discovery Minerals LTD. $DSCR

By ACCESSWIRE ACCESSWIRE 09-28-2021

Discovery Minerals Ltd. Shareholder Update for January 20, 2022

By ACCESSWIRE ACCESSWIRE 01-20-2022

Discovery Minerals Update on Ruby Mine

By ACCESSWIRE ACCESSWIRE 05-19-2021

Discovery Minerals LTD Report for War Eagle Mountain Project

By Marketwired Marketwired 08-06-2019