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Big Bank Big Oil Split (TSX:BBO.PR.A.PFD) Net Income : C$0.77 Mil (TTM As of Jun. 2016)


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What is Big Bank Big Oil Split 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. Big Bank Big Oil Split's Net Income for the six months ended in Jun. 2016 was C$5.82 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2016 was C$0.77 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Big Bank Big Oil Split's Earnings per Share (Diluted) for the six months ended in Jun. 2016 was C$.


Big Bank Big Oil Split Net Income Historical Data

The historical data trend for Big Bank Big Oil Split'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.

Big Bank Big Oil Split Net Income Chart

Big Bank Big Oil Split Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec12 Dec13 Dec14 Dec15
Net Income
Get a 7-Day Free Trial 2.03 - 6.66 -1.99 -8.42

Big Bank Big Oil Split Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Dec10 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.75 -8.74 -3.37 -5.06 5.82

Big Bank Big Oil Split 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

Big Bank Big Oil Split's Net Income for the fiscal year that ended in Dec. 2015 is calculated as

Net Income(A: Dec. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-8.424
=-8.42

Big Bank Big Oil Split's Net Income for the quarter that ended in Jun. 2016 is calculated as

Net Income(Q: Jun. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+5.823
=5.82

Net Income for the trailing twelve months (TTM) ended in Jun. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.77 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.


Big Bank Big Oil Split  (TSX:BBO.PR.A.PFD) 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:

Big Bank Big Oil Split's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2016 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.


Big Bank Big Oil Split Net Income Related Terms

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Big Bank Big Oil Split (TSX:BBO.PR.A.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Big Bank Big Oil Split Corp. is a mutual fund corporation. The manager of the Company is Claymore Investments, Inc. The Company has been created to provide a diversified investment in big Canadian banks and oil and gas companies.

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