Continental Coal (ASX:CCC) Net Income: A$-30.30 Mil (TTM As of Jun. 2014)


What is Continental Coal Net Income?

Continental Coal ASX:CCC Net Income is A$-30.30 Mil as of Jun. 2014. The stock has 4 warning signs investors should review.

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. Continental Coal's Net Income for the six months ended in Jun. 2014 was A$-14.51 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2014 was A$-30.30 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Continental Coal's Earnings per Share (Diluted) for the six months ended in Jun. 2014 was A$-0.01.


Continental Coal  (ASX:CCC) 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:

Continental Coal's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2014 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.


Continental Coal Net Income Related Terms


Continental Coal Net Income Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal Net Income Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Net Income
-28.43 -53.03 -35.72 -30.30

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Net Income Get a 7-Day Free Trial -50.80 -6.41 -29.31 -15.79 -14.51

Continental Coal 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

Continental Coal's Net Income for the fiscal year that ended in Jun. 2014 is calculated as

Net Income(A: Jun. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-35.864+1.338+0+4.231
=-30.30

Continental Coal's Net Income for the quarter that ended in Jun. 2014 is calculated as

Net Income(Q: Jun. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-18.972+1.144+0+3.321
=-14.51

Net Income for the trailing twelve months (TTM) ended in Jun. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-30.30 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 A$-30.30 Mil mean?
Continental Coal (ASX:CCC) has a Net Income of A$-30.30 Mil as of Jun. 2014. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Continental Coal and its competitors.
Is Continental Coal's Net Income too high?
Continental Coal's current Net Income is A$-30.30 Mil.
How does Continental Coal's Net Income compare to competitors?
Continental Coal's Net Income of A$-30.30 Mil can be compared against companies in the Steel 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 Steel company?
A good Net Income depends on the Steel 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 Continental Coal and its competitors. Continental Coal's current Net Income is A$-30.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Net Income of A$-30.30 Mil. The current Net Income is A$-30.30 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current Net Income is A$-30.30 Mil as of Jun. 2014. 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.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.