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Bayfield Ventures (FRA:B4N) Net Income : €-1.19 Mil (TTM As of Jul. 2014)


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What is Bayfield Ventures 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. Bayfield Ventures's Net Income for the three months ended in Jul. 2014 was €-0.24 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jul. 2014 was €-1.19 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bayfield Ventures's Earnings per Share (Diluted) for the three months ended in Jul. 2014 was €-0.00.


Bayfield Ventures Net Income Historical Data

The historical data trend for Bayfield Ventures'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.

Bayfield Ventures Net Income Chart

Bayfield Ventures Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 - -1.30 -1.45 -1.46

Bayfield Ventures Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14
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 -0.16 -0.67 -0.13 -0.15 -0.24

Bayfield Ventures 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

Bayfield Ventures's Net Income for the fiscal year that ended in Oct. 2013 is calculated as

Net Income(A: Oct. 2013 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.743+-0.714+0+-2.2204460492503E-16
=-1.46

Bayfield Ventures's Net Income for the quarter that ended in Jul. 2014 is calculated as

Net Income(Q: Jul. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.235+0+0+0
=-0.24

Net Income for the trailing twelve months (TTM) ended in Jul. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.19 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.


Bayfield Ventures  (FRA:B4N) 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:

Bayfield Ventures's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jul. 2014 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.


Bayfield Ventures Net Income Related Terms

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Bayfield Ventures (FRA:B4N) Business Description

Traded in Other Exchanges
N/A
Address
Bayfield Ventures Corporation is a gold and silver exploration Company. The Company's project includes burns claim block gold-silver project in which it owns 100% of the mineral rights. The property is surrounded by Rainy River Resources property and adjoins the immediate east of Rainy River Resources' ODM17 gold-silver deposit and to the west of their expanding Intrepid gold-silver zone. It also holds interest in Red lake gold camp and Baird gold properties.

Bayfield Ventures (FRA:B4N) Headlines

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