AMNP (American Sierra Gold) Net Income: $-0.01 Mil (TTM As of Jul. 2023)


What is American Sierra Gold Net Income?

American Sierra Gold AMNP Net Income is $-0.01 Mil as of Jul. 2023.

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. American Sierra Gold's Net Income for the six months ended in Jul. 2023 was $-0.01 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jul. 2023 was $-0.01 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. American Sierra Gold's Earnings per Share (Diluted) for the six months ended in Jul. 2023 was $-0.00.

American Sierra Gold  (OTCPK:AMNP) 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:

American Sierra Gold's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jul. 2023 is calculated as

Earnings per Share (Diluted) (Q: Jul. 2023 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(-0.011-0)/478.612
=-0.00

* 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.

American Sierra Gold Net Income Related Terms

American Sierra Gold Net Income Historical Data

* Premium members only.

The historical data trend for American Sierra 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.

American Sierra Gold Net Income Chart

American Sierra Gold Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul23
Net Income
Get a 7-Day Free Trial -5.35 0.28 -0.08 -0.97 -0.01

American Sierra Gold Semi-Annual Data
Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul23
Net Income Get a 7-Day Free Trial -5.35 0.28 -0.08 -0.97 -0.01

American Sierra 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

American Sierra Gold's Net Income for the fiscal year that ended in Jul. 2023 is calculated as

Net Income(A: Jul. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.011+0+0+0
=-0.01

American Sierra Gold's Net Income for the quarter that ended in Jul. 2023 is calculated as

Net Income(Q: Jul. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.011+0+0+0
=-0.01

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Jul. 2023 was $-0.01 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-0.01 Mil mean?
American Sierra Gold (AMNP) has a Net Income of $-0.01 Mil as of Jul. 2023. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on American Sierra Gold and its competitors.
Is American Sierra Gold's Net Income too high?
American Sierra Gold's current Net Income is $-0.01 Mil.
How does American Sierra Gold's Net Income compare to AUMN and SRGZ?
American Sierra Gold's Net Income of $-0.01 Mil can be compared against companies in the Metals & Mining 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 for a Metals & Mining company?
A good Net Income depends on the Metals & Mining industry context. However, Net Income 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 mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on American Sierra Gold and its competitors. American Sierra Gold's current Net Income is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Sierra Gold stock overvalued right now?
American Sierra Gold (AMNP) has a current Net Income of $-0.01 Mil. The current Net Income is $-0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For American Sierra Gold (AMNP), the current Net Income is $-0.01 Mil as of Jul. 2023. 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.

American Sierra Gold Business Description

Address 9449 Priority Way West Drive, Suite 140, Indianapolis, IN, USA, 46240
American Sierra Gold Corp is a precious metal mineral acquisition, exploration and development company. It is focused on the exploration of gold and silver.