Kayne Anderson NextGen Energy and Infrastructure (Kayne Anderson NextGen Energy and Infrastructure) Net Income : $-77.83 Mil (TTM As of May. 2023)

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What is Kayne Anderson NextGen Energy and Infrastructure 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. Kayne Anderson NextGen Energy and Infrastructure's Net Income for the six months ended in May. 2023 was $-59.67 Mil. Its Net Income for the trailing twelve months (TTM) ended in May. 2023 was $-77.83 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Kayne Anderson NextGen Energy and Infrastructure's Earnings per Share (Diluted) for the six months ended in May. 2023 was $-1.26.

Kayne Anderson NextGen Energy and Infrastructure Net Income Historical Data

The historical data trend for Kayne Anderson NextGen Energy and Infrastructure'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.

Kayne Anderson NextGen Energy and Infrastructure Net Income Chart

Kayne Anderson NextGen Energy and Infrastructure Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Net Income

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-67.91

-16.31

-180.08

105.33

78.04

Kayne Anderson NextGen Energy and Infrastructure Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Net Income	Get a 7-Day Free Trial							88.23	17.10	96.20	-18.16	-59.67

Kayne Anderson NextGen Energy and Infrastructure 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

Kayne Anderson NextGen Energy and Infrastructure's Net Income for the fiscal year that ended in Nov. 2022 is calculated as

	Net Income		(A: Nov. 2022 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	78.038	+	0	+	0	+	0
=	78.04

Kayne Anderson NextGen Energy and Infrastructure's Net Income for the quarter that ended in May. 2023 is calculated as

	Net Income		(Q: May. 2023 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-59.667	+	0	+	0	+	0
=	-59.67

Net Income for the trailing twelve months (TTM) ended in May. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-77.83 Mil.

Kayne Anderson NextGen Energy and Infrastructure (NYSE:KMF) 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:

Kayne Anderson NextGen Energy and Infrastructure's Earnings per Share (Diluted) (EPS) for the quarter that ended in May. 2023 is calculated as

Earnings per Share (Diluted) (Q: May. 2023 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(-59.667	-	0)	/	47.200
	=	-1.26

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.

Kayne Anderson NextGen Energy and Infrastructure Net Income Related Terms

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Kayne Anderson NextGen Energy and Infrastructure (Kayne Anderson NextGen Energy and Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kayne Anderson NextGen Energy and Infrastructure Inc (NYSE:KMF) » Definitions » Net Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

811 Main Street, 14th Floor, Houston, TX, USA, 77002

Website

https://www.kaynefunds.com

Kayne Anderson NextGen Energy and Infrastructure Inc is a non-diversified, closed-end fund. The company's investment objective is to provide a high level of total return with an emphasis on making cash distributions to the stockholders. The company seeks to achieve its investment objective by investing at least 80% of the total assets in the securities of Energy Companies and Infrastructure Companies. It invests in public MLPs, midstream C-corporations, and energy-related debt.

Executives

Metlife Investment Management, Llc	10 percent owner	ONE METLIFE WAY, WHIPPANY NJ 07981
James C Baker	officer: Exective Vice President	C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067
Carita Walker	director	2519 PANORAMA TER, LOS ANGELES CA 90039
Caroline Ann Winn	director	14914 VALLE DEL SUR COURT, SAN DIEGO CA 92127
Parker Austin Colby	officer: Chief Financial Officer	811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
Principal Life Insurance Co	10 percent owner	711 HIGH STREET, DES MOINES IA 50392-0300
United Of Omaha Life Insurance Co	10 percent owner	MUTUAL OF OMAHA PLZ 3RD FLOOR LAW, ATTN: JAN BROCKMAN, OMAHA NE 68175-1008
Michael J Levitt	director	KAYNE ANDERSON CAPITAL ADVISORS, L.P., 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
Albert L Richey	director	3718 ARNOLD, HOUSTON TX 77005
Richard A Kayne	other: SEE NOTES (1) AND (2)
Anne K Costin	director	C/O KAYNE ANDERSON CAPITAL ADVISORS LP, 1800 AVENUE OF THE STARS, LOS ANGELES CA 90067
David J Shladovsky	officer: SEC. & GC OF INV. ADVISOR	C/O KAYNE ANDERSON CAPITAL ADVISORS LP, 1800 AVENUE OF THE STARS, LOS ANGELES CA 90067
Jody Meraz	officer: VICE PRESIDENT	717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Mutual Of Omaha Insurance Co	10 percent owner	3300 MUTUAL OF OMAHA PLAZA, OMAHA NE 68175
John C Frey	officer: EVP, ASST. SEC. & TREAS	C/O KAYNE ANDERSON CAPITAL ADVISORS LP, 1800 AVENUE OF THE STARS, LOS ANGELES CA 90067