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Berkshire Homes (Berkshire Homes) Net Income : $-0.53 Mil (TTM As of Aug. 2015)


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What is Berkshire Homes 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. Berkshire Homes's Net Income for the three months ended in Aug. 2015 was $-0.14 Mil. Its Net Income for the trailing twelve months (TTM) ended in Aug. 2015 was $-0.53 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Berkshire Homes's Earnings per Share (Diluted) for the three months ended in Aug. 2015 was $-0.09.


Berkshire Homes Net Income Historical Data

The historical data trend for Berkshire Homes'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.

Berkshire Homes Net Income Chart

Berkshire Homes Annual Data
Trend Nov11 Nov12 Nov13 Nov14
Net Income
-0.53 -0.45 -0.37 -0.07

Berkshire Homes Quarterly Data
Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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 0.26 -0.19 - -0.20 -0.14

Berkshire Homes 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

Berkshire Homes's Net Income for the fiscal year that ended in Nov. 2014 is calculated as

Net Income(A: Nov. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.109+0+0.034+0.001
=-0.07

Berkshire Homes's Net Income for the quarter that ended in Aug. 2015 is calculated as

Net Income(Q: Aug. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.124+0+-0.016+0
=-0.14

Net Income for the trailing twelve months (TTM) ended in Aug. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.53 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.


Berkshire Homes  (OTCPK:BKSH) 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:

Berkshire Homes's Earnings per Share (Diluted) (EPS) for the quarter that ended in Aug. 2015 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.


Berkshire Homes Net Income Related Terms

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Berkshire Homes (Berkshire Homes) Business Description

Traded in Other Exchanges
N/A
Address
2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016
Berkshire Homes Inc is a United States based company engaged in acquiring and rehabilitating distressed residential real estate properties that are below market value, rehabilitates them, and then sell or lease them, depending on which approach will generate the highest return.

Berkshire Homes (Berkshire Homes) Headlines

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