GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Legato Merger Corp III (AMEX:LEGT) » Definitions » Net Income

Legato Merger III (Legato Merger III) Net Income : $0.00 Mil (TTM As of Nov. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Legato Merger III 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. Legato Merger III's Net Income for the three months ended in Nov. 2023 was $0.00 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2023 was $0.00 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Legato Merger III's Earnings per Share (Diluted) for the three months ended in Nov. 2023 was $.


Legato Merger III Net Income Historical Data

The historical data trend for Legato Merger III'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.

Legato Merger III Net Income Chart

Legato Merger III Annual Data
Trend
Net Income

Legato Merger III Quarterly Data
Nov23
Net Income -

Legato Merger III 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

Legato Merger III'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

Legato Merger III's Net Income for the quarter that ended in Nov. 2023 is calculated as

Net Income(Q: Nov. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+0
=0.00

Net Income for the trailing twelve months (TTM) ended in Nov. 2023 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.


Legato Merger III  (AMEX:LEGT) 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:

Legato Merger III's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 2023 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.


Legato Merger III Net Income Related Terms

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


Legato Merger III (Legato Merger III) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
777 Third Avenue, 37th Floor, New York, NY, USA, 10017
Website
Legato Merger Corp III is a blank check company.

Legato Merger III (Legato Merger III) Headlines

No Headlines