ARSLF (Altima Energy) Net Income (Continuing Operations): $-1.72 Mil (TTM As of Nov. 2024)

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ARSLF Altima Energy Inc ARSLF
13 GF Score
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What is Altima Energy Net Income (Continuing Operations)?

Altima Energy ARSLF -100.00% 13 Net Income (Continuing Operations) is $-1.72 Mil as of Nov. 2024. GuruFocus rates ARSLF with a GF Score™ of 13/100.

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Altima Energy's Net Income (Continuing Operations) for the three months ended in Nov. 2024 was $-0.70 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Nov. 2024 was $-1.72 Mil.

Altima Energy  (OTCPK:ARSLF) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Altima Energy Net Income (Continuing Operations) Related Terms

Altima Energy Net Income (Continuing Operations) Historical Data

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The historical data trend for Altima Energy's Net Income (Continuing Operations) 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.

Altima Energy Net Income (Continuing Operations) Chart

Altima Energy Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Feb22 Feb23 Feb24
Net Income (Continuing Operations)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -1.06 0.00 -0.20 -1.52

Altima Energy Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Net Income (Continuing Operations) 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 -0.16 -0.70 -0.24 -0.08 -0.70
ARSLF
13GF Score
Altima Energy Inc ARSLF
Net Income (Continuing Operations) is just one metric. See GF Score™, valuation, warning signs, and more.
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Altima Energy Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.72 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.

What does a Net Income (Continuing Operations) of $-1.72 Mil mean?
Altima Energy (ARSLF) has a Net Income (Continuing Operations) of $-1.72 Mil as of Nov. 2024. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Altima Energy and its competitors.
Is Altima Energy's Net Income (Continuing Operations) too high?
Altima Energy's current Net Income (Continuing Operations) is $-1.72 Mil. Overall, Altima Energy has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Altima Energy's Net Income (Continuing Operations) compare to COP and EOG?
Altima Energy's Net Income (Continuing Operations) of $-1.72 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income (Continuing Operations) for an Oil & Gas company?
A good Net Income (Continuing Operations) depends on the Oil & Gas industry context. However, Net Income (Continuing Operations) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income (Continuing Operations) mean?
A high Net Income (Continuing Operations) can signal that a stock is expensive relative to its fundamentals. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Altima Energy and its competitors. Altima Energy's current Net Income (Continuing Operations) is $-1.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altima Energy stock overvalued right now?
Altima Energy (ARSLF) has a current Net Income (Continuing Operations) of $-1.72 Mil. The current Net Income (Continuing Operations) is $-1.72 Mil. Altima Energy's overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income (Continuing Operations) calculated?
Net Income (Continuing Operations) is calculated from a company's financial statements. For Altima Energy (ARSLF), the current Net Income (Continuing Operations) is $-1.72 Mil as of Nov. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Altima Energy Business Description

Industry EnergyOil & Gas
Address 595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Altima Energy Inc is a junior energy company engaged in the exploring and developing oil and natural gas assets in Western Canada. It is exploration in regions such as the Deep Basin of West Central Alberta and Rainbow Lake in Northwestern Alberta.
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Net Income (Continuing Operations) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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