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Houston Wire & Cable Co (Houston Wire & Cable Co) Net Income : $-13.0 Mil (TTM As of Mar. 2021)


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What is Houston Wire & Cable Co 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. Houston Wire & Cable Co's Net Income for the three months ended in Mar. 2021 was $0.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2021 was $-13.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Houston Wire & Cable Co's Earnings per Share (Diluted) for the three months ended in Mar. 2021 was $0.01.


Houston Wire & Cable Co Net Income Historical Data

The historical data trend for Houston Wire & Cable Co'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.

Houston Wire & Cable Co Net Income Chart

Houston Wire & Cable Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.01 -0.22 8.64 2.55 -12.58

Houston Wire & Cable Co Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.55 -2.16 -0.74 -10.23 0.16

Houston Wire & Cable Co 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

Houston Wire & Cable Co's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

Net Income(A: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-13.218+0.636+0+0
=-12.6

Houston Wire & Cable Co's Net Income for the quarter that ended in Mar. 2021 is calculated as

Net Income(Q: Mar. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.265+-0.106+0+-2.7755575615629E-17
=0.2

Net Income for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.0 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.


Houston Wire & Cable Co  (NAS:HWCC) 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:

Houston Wire & Cable Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2021 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.


Houston Wire & Cable Co Net Income Related Terms

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Houston Wire & Cable Co (Houston Wire & Cable Co) Business Description

Traded in Other Exchanges
N/A
Address
10201 North Loop East, Houston, TX, USA, 77029
Houston Wire & Cable Co is a distributor of electrical and mechanical wire and cable in the U.S. industrial market. The company offers products in most categories of wire and cable, including continuous and interlocked armor cable; electronic wire and cable; flexible and portable cord; instrumentation and thermocouple cable; primary and secondary aluminum distribution cable, hardware and corrosion-resistant products including inch and metric bolts, screws, nuts, washers, rivets, and hose clamps. It has three target markets: utility market, industrial market, and infrastructure market.
Executives
Roy W Haley director COMMERCE COURT FOUR STATION SQUARE, SUITE 700, PITTSBURGH PA 15219
G Gary Yetman director P.O. BOX 2139 EDWARDS CO 81632
William H Sheffield director 401 QUEENS QUAY WEST SUITE 104 TORONTO A6 M5V 2Y2
Eric Wayne Davis officer: INTERIM CFO & CAO 10201 NORTH LOOP EAST HOUSTON TX 77029
Jerry Michael Zurovchak officer: SENIOR VP & COO 10201 NORTH LOOP EAST HOUSTON TX 77029
Christopher M. Micklas officer: VP & CFO ONE MEMORIAL CITY PLAZA, 800 GESSNER ROAD, SUITE 875, HOUSTON TX 77024
Pokluda James L Iii director 10201 N. LOOP EAST HOUSTON TX 77029
Sandford W. Rothe director 1 GOOSEBERRY LANE CHERRY HILLS VILLAGE CO 80113
David Nierenberg director, 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
Nierenberg Investment Management Co 10 percent owner 19605 NE 8TH ST, CAMAS WA 98607
Margaret Laird director 1283 BLACKBIRD COURT BOULDER CO 80303
Robert L Reymond director 10721 W. 118TH TERRACE OVERLAND PARK KS 66210
Michael T Campbell director HOUSTON WIRE & CABLE COMPANY, 10201 NORTH LOOP EAST, HOUSTON TX 77029
Mark A Ruelle director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Nicol G Graham officer: VP, CFO, TREASURER & SECRETARY 10201 NORTH LOOP EAST HOUSTON TX 77029

Houston Wire & Cable Co (Houston Wire & Cable Co) Headlines

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