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InnSuites Hospitality Trust (InnSuites Hospitality Trust) Net Income : $0.22 Mil (TTM As of Jan. 2024)


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What is InnSuites Hospitality Trust 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. InnSuites Hospitality Trust's Net Income for the three months ended in Jan. 2024 was $-0.09 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was $0.22 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. InnSuites Hospitality Trust's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was $-0.01.


InnSuites Hospitality Trust Net Income Historical Data

The historical data trend for InnSuites Hospitality Trust'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.

InnSuites Hospitality Trust Net Income Chart

InnSuites Hospitality Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.74 -1.63 0.25 0.52 0.20

InnSuites Hospitality Trust Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.15 0.24 0.02 0.06 -0.09

InnSuites Hospitality Trust 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

InnSuites Hospitality Trust's Net Income for the fiscal year that ended in Jan. 2024 is calculated as

Net Income(A: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.126+1.403+0+-0.073
=0.20

InnSuites Hospitality Trust's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.685+0.351+0+0.241
=-0.09

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.22 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.


InnSuites Hospitality Trust  (AMEX:IHT) 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:

InnSuites Hospitality Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 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.


InnSuites Hospitality Trust Net Income Related Terms

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InnSuites Hospitality Trust (InnSuites Hospitality Trust) Business Description

Traded in Other Exchanges
N/A
Address
1730 E. Northern Avenue, Suite 122, InnSuites Hotels Centre, Phoenix, AZ, USA, 85020
InnSuites Hospitality Trust is a real estate investment trust. It is engaged in the ownership and operation of hotel properties. It owns and operates hotels, provides management services for hotels, and also provides trademark license services. The Trust is also involved in various operations incidental to the operation of hotels, such as the operation of restaurants, meeting/banquet room rentals, and the operation of a reservation system. It has one reportable segment Hotel Operations & Hotel Management Services. Geographically operates through the region of the United States.
Executives
Jr Chase director 10202 NORTH 15TH AVENUE, APT #2, PHOENIX AZ 85021
James F Wirth director, 10 percent owner, officer: President, other: Chairman and CEO 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Pamela J Barnhill officer: President and COO C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Cynthia Ketcherside director C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE #105, PHEONIX AZ 85020
Adam B Remis officer: Chief Financial Officer C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Leslie T Kutasi director C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Robert R. Mazakis officer: Principal Accounting Officer C/O INNSUITES HOTELS CENTRE, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020-3960
Steven S Robson director 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Larry Pelegrin director 5143 E. SIERRA SUNSET TRAIL, CAVE CREEK AZ 85331
Peter A Thoma director 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Mason Anderson director 3024 WEST SAHUARO DRIVE, PHOENIX AZ 85029
Marc E Berg director, officer: Executive Vice President, other: Secretary and Treasurer 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Stephen A Mcconnell director 6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253
Gail J Wirth 10 percent owner 1615 E NORTHERN AVE, STE 105, PHOENIX AZ 85020
Anthony B Waters officer: Chief Financial Officer 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020