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Vista Gold (Vista Gold) Net Income : $-6.59 Mil (TTM As of Dec. 2023)


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What is Vista Gold 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. Vista Gold's Net Income for the three months ended in Dec. 2023 was $-1.66 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.59 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Vista Gold's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.01.


Vista Gold Net Income Historical Data

The historical data trend for Vista Gold'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.

Vista Gold Net Income Chart

Vista Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.39 0.42 -15.24 -4.93 -6.59

Vista Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.50 -1.97 -1.50 -1.45 -1.66

Vista Gold 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

Vista Gold'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
=-6.585+0+0+0
=-6.59

Vista Gold's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.657+0+0+0
=-1.66

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.59 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.


Vista Gold  (AMEX:VGZ) 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:

Vista Gold's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Vista Gold Net Income Related Terms

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Vista Gold (Vista Gold) Business Description

Traded in Other Exchanges
Address
7961 Shaffer Parkway, Suite 5, Littleton, CO, USA, 80127
Vista Gold Corp is a gold mining company. It is engaged in the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects. The company evaluate, acquire, explore and advance gold exploration and potential development projects, which may lead to gold production or value adding strategic transactions. These activities are currently focused principally in Australia.
Executives
Tracy Austin Stevenson director 8263 PINE SPRINGS COVE, SANDY UT 84093
Douglas L. Tobler officer: CFO C/O VISTA GOLD CORP, 7961 SHAFFER PKWY, SUITE 5, LITTLETON CO 80127
Pamela A. Solly officer: VP, Investor Relations C/O VISTA GOLD CORP, 7961 SHAFFER PARKWAY, SUITE 5, LITTLETON CO 80127
Deborah J Friedman director 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
John W. Rozelle officer: Senior Vice President C/O VISTA GOLD CORP., 7961 SHAFFER PARKWAY, SUITE 5, LITTLETON CO 80127
Frederick Hume Earnest director, officer: President & COO 9516 SHENSTONE DRIVE, PARKER CO 80134
William Durand Eppler director 165 GILPIN STREET, DENVER CO 80218
Sun Valley Gold Master Fund, Ltd 10 percent owner INTERNATIONAL MANAGEMENT SERVICES LTD, 3RD FLR, HARBOUR CTRE, N CHURCH ST BOX61, GRAND CAYMAN E9 KY1-1102
John F Engele officer: Senior VP - CFO VISTA GOLD CORP, 7961 SHAFFER PARKWAY SUITE 5, LITTLETON CO 80127
Michael B Richings director, officer: Exec Chairman and CEO VISTA GOLD CORP, 7961 SHAFFER PARKWAY SUITE 5, LITTLETON CO 80127
John M Clark director VISTA GOLD CORP, 7961 SHAFFER PARKWAY SUITE 5, LITTLETON CO 80127
Peter F. Palmedo 10 percent owner 620 SUN VALLEY ROAD, BOX 2759, SUN VALLEY ID 83353
Sun Valley Gold Llc 10 percent owner 620 SUN VALLEY ROAD, P.O. BOX 2759, SUN VALLEY ID 83353
C Thomas Ogryzlo director VISTA GOLD CORP, 7961 SHAFFER PARKWAY SUITE 5, LITTLETON CO 80127
Nicole Adshead-bell director 835 W. GEORGIA STREET, SUITE 2200, VANCOUVER A1 V6C3E8