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Uniroyal Global Engineered Products (Uniroyal Global Engineered Products) Net Income : $-3.28 Mil (TTM As of Mar. 2022)


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What is Uniroyal Global Engineered Products 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. Uniroyal Global Engineered Products's Net Income for the three months ended in Mar. 2022 was $-0.55 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2022 was $-3.28 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Uniroyal Global Engineered Products's Earnings per Share (Diluted) for the three months ended in Mar. 2022 was $-0.15.


Uniroyal Global Engineered Products Net Income Historical Data

The historical data trend for Uniroyal Global Engineered Products'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.

Uniroyal Global Engineered Products Net Income Chart

Uniroyal Global Engineered Products Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 1.25 0.96 -1.22 -1.70

Uniroyal Global Engineered Products Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.04 0.20 -0.82 -2.11 -0.55

Uniroyal Global Engineered Products 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

Uniroyal Global Engineered Products's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.969+-0.733+0+0
=-1.70

Uniroyal Global Engineered Products's Net Income for the quarter that ended in Mar. 2022 is calculated as

Net Income(Q: Mar. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.701+0.156+0+-1.1102230246252E-16
=-0.55

Net Income for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.28 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.


Uniroyal Global Engineered Products  (OTCPK:UNIR) 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:

Uniroyal Global Engineered Products's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2022 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.


Uniroyal Global Engineered Products Net Income Related Terms

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Uniroyal Global Engineered Products (Uniroyal Global Engineered Products) Business Description

Traded in Other Exchanges
N/A
Address
1800 2nd Street, Suite 970, Sarasota, FL, USA, 34236
Uniroyal Global Engineered Products Inc manufactures vinyl coated fabric products from casting paper, knit fabric, PVC plastic resins, pigments and plasticizers. Its brand name includes Naugahyde, BeautyGard, Flameblocker, Spirit Millennium, Ambla, Amblon, Velbex, Plastolene, and Vynide. The company's products are used in automotive and non-automotive transportation, certain indoor/outdoor furniture, commercial and hospitality seating, healthcare facilities and athletic equipment for seating, door panels, head and arm rests, security shades and trim components, and sheeting used in medical, nuclear protection, personal protection, moisture barriers, pram and nursery, movie screen and decorative surface applications. Geographically, it derives a majority of revenue from North America.
Executives
Howard R Curd director, 10 percent owner, officer: Chief Executive Officer
George Louis Sanchez officer: Executive Vice President - sub 5414 WHITE BLAZE TERRACE, PARRISH FL 34219
Oliver James Janney officer: Secretary and General Counsel 1800 2ND ST., SUITE 970, SARASOTA FL 34236
Howard F Curd other: officer of subsidiary
John E Scates director 3121 FAIRGATE DRIVE, CARROLLTON TX 75007
Gregory J Newell director 326 W. SHORELINE COURT, VINEYARD UT 84058
Elizabeth A Henson officer: VP OF OPERATIONS 5100 HIDDEN SPRINGS AVENUE, SARASOTA FL 34234
Edmund King director, officer: CEO, CFO & PRESIDENT 258 VINEYARD LANE, MESQUITE NV 89027
Centurian Investors, Inc. 10 percent owner 1800 2ND STREET, SUITE 970, SARASOTA FL 34236
David J Benedetti officer: CFO, Secretary, Treasurer 4400 INDEPENDENCE COURT, SARASOTA FL 34234
Joseph Movizzo director 4400 INDEPENDENCE COURT, SARASOTA FL 34234
Herbert M Lustig director, officer: CEO and President 6935 15TH STREET EAST, SUITE 120, SARASOTA FL 34243
Carl A Parks officer: VICE PRESIDENT 11122 3RD AVENUE, BRADENTON FL 34212
Charles Yanak officer: VICE PRESIDENT 1001 DOANS WAY, BLUE BELL PA 19422
Duffey Elizabeth Rosemary Irrevocable Tr U/a/d/ July 29 1998 10 percent owner 4400 INDEPENDENCE COURT, SARASOTA FL 34234

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