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Golden Minerals Co (Golden Minerals Co) Net Income : $-9.23 Mil (TTM As of Dec. 2023)


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What is Golden Minerals Co 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. Golden Minerals Co's Net Income for the three months ended in Dec. 2023 was $-1.30 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-9.23 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Golden Minerals Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.09.


Golden Minerals Co Net Income Historical Data

The historical data trend for Golden Minerals Co'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.

Golden Minerals Co Net Income Chart

Golden Minerals Co 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 -5.39 -9.09 -2.10 -9.91 -9.23

Golden Minerals Co 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 -4.08 -3.27 -1.49 -3.18 -1.30

Golden Minerals Co 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

Golden Minerals Co'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
=-9.217+-0.011+0+0
=-9.23

Golden Minerals Co'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
=-1.286+-0.011+0+0
=-1.30

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 $-9.23 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.


Golden Minerals Co  (AMEX:AUMN) 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:

Golden Minerals Co'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.


Golden Minerals Co Net Income Related Terms

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Golden Minerals Co (Golden Minerals Co) Business Description

Traded in Other Exchanges
Address
350 Indiana Street, Suite 650, Golden, CO, USA, 80401
Golden Minerals Co is an exploration stage company engaged in the mining, construction, and exploration of precious metals and mineral properties. It owns and operates Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants in the State of Durango, Mexico, the El Quevar exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located in or near historical precious metals producing regions of Mexico. The company's business is structured into two divisions, Mexico operations, and Corporate Exploration and Other.
Executives
Pablo Castanos officer: Executive Vice President 350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Andrew Pullar director LANDMARK SQUARE, 1ST FL., 64 EARTH CLOSE, WEST BAY BEACH SOUTH, P.O. BOX 10795, GRAND CAYMAN E9 KY1-1007
William Durand Eppler director 165 GILPIN STREET, DENVER CO 80218
David Watkins director 1717 SASAMAT STREET, VANCOUVER A1 V6R 4S3
John Galassini officer: Chief Operating Officer 350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Julie Weedman officer: Senior VP and CFO 350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Robert P Vogels officer: VP, Principal Acct Officer 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Sentient Global Resources Fund Iii, Lp 10 percent owner P O BOX 10795, HARBOUR CENTER, GEORGETOWN E9 KY1-1007
Warren Rehn officer: SVP Exploration/Chief Geol. 350 INDIANA STREET, SUITE 800, GOLDEN CO 80401
Jeffrey G Clevenger director, officer: Chief Executive Officer 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Deborah J Friedman officer: Sr VP, Gen. Coun. & Corp. Secy 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Sentient Gp Iv, Lp other: General Partner P O BOX 10795, GRANDY CAYMAN KY1-1007 E9 00000
Sentient Global Resources Fund Iv, L.p. 10 percent owner LANDMARK SQUARE, 64 EARTH CLOSE, WEST BAY BEACH SOUTH, GEORGE TOWN, GRAND CAYMAN E9 KY1-1107
Sentient Executive Gp Iv, Ltd 10 percent owner P O BOX 10795, GRAND CAYMAN E9 KY1-1007
Michael Thomas Mason director 142 STRATFORD AVE, GARDEN CITY NY 11530