GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Klaveness Combination Carriers ASA (OSL:KCC) » Definitions » Net Income

Klaveness Combination Carriers ASA (OSL:KCC) Net Income : kr901 Mil (TTM As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Klaveness Combination Carriers ASA 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. Klaveness Combination Carriers ASA's Net Income for the three months ended in Mar. 2024 was kr276 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was kr901 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Klaveness Combination Carriers ASA's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was kr4.56.


Klaveness Combination Carriers ASA Net Income Historical Data

The historical data trend for Klaveness Combination Carriers ASA'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.

Klaveness Combination Carriers ASA Net Income Chart

Klaveness Combination Carriers ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only 5.39 132.19 202.97 601.39 916.73

Klaveness Combination Carriers ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 297.39 177.57 174.93 273.15 275.70

Klaveness Combination Carriers ASA 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

Klaveness Combination Carriers ASA's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=916.732+0+0+0
=917

Klaveness Combination Carriers ASA's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=275.702+0+0+0
=276

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr901 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.


Klaveness Combination Carriers ASA  (OSL:KCC) 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:

Klaveness Combination Carriers ASA's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Klaveness Combination Carriers ASA Net Income Related Terms

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


Klaveness Combination Carriers ASA (OSL:KCC) Business Description

Traded in Other Exchanges
Address
Drammensveien 260, Oslo, NOR, 0283
Klaveness Combination Carriers ASA is an owner and operator of combination carriers in Norway. The company has developed and refined vessel design and equipment, operational procedures, and crew training to provide customers with the most efficient, reliable and high-quality shipping services. Its objective is to establish and expand a profitable global combination carrier service within several regions, servicing the alumina and the petroleum/petrochemical industries.

Klaveness Combination Carriers ASA (OSL:KCC) Headlines

No Headlines