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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. Herzfeld Caribbean Basin Fund's Net Income for the six months ended in Dec. 2024 was $3.83 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $3.27 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Herzfeld Caribbean Basin Fund's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was $0.24.
The historical data trend for Herzfeld Caribbean Basin Fund'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.
Herzfeld Caribbean Basin Fund Annual Data | ||||||||||||||||
Trend | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||
Net Income | Get a 7-Day Free Trial | -11.16 | 17.75 | -7.45 | 7.84 | 1.64 |
Herzfeld Caribbean Basin Fund Semi-Annual Data | |||||||||||||||
Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | Dec24 | |
Net Income | Get a 7-Day Free Trial |
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2.09 | 5.75 | 2.21 | -0.57 | 3.83 |
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
Herzfeld Caribbean Basin Fund's Net Income for the fiscal year that ended in Jun. 2024 is calculated as
Net Income | (A: Jun. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 1.64 | + | 0 | + | 0 | + | 0 |
= | 1.64 |
Herzfeld Caribbean Basin Fund's Net Income for the quarter that ended in Dec. 2024 is calculated as
Net Income | (Q: Dec. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 3.834 | + | 0 | + | 0 | + | 0 |
= | 3.83 |
Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3.27 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.
Herzfeld Caribbean Basin Fund (NAS:CUBA) 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:
Herzfeld Caribbean Basin Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as
Earnings per Share (Diluted) (Q: Dec. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (3.834 | - | 0) | / | 15.975 | |
= | 0.24 |
* 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 businessThe 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.
Thank you for viewing the detailed overview of Herzfeld Caribbean Basin Fund's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas J Herzfeld | director, officer: President | THE HERZFELD CARIBBEAN BASIN FUND INC, 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139 |
Erik Mervin Herzfeld | officer: Portfolio Manager | THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE. SUITE 504, MIAMI BEACH FL 33139 |
Ryan M Paylor | other: Portfolio Manager | THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139 |
Cecilia L Gondor | officer: Secretary/Treasurer | THE HERZFELD CARIBBEAN BASIN FUND INC, 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139 |
Phillip Goldstein | 10 percent owner | 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570 |
Zachary Paul Richmond | officer: Treasurer | C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246 |
Alice Tham | officer: Secretary | C/O THOMAS J. HERZFELD ADVISORS, INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139 |
Thomas K Morgan | officer: CCO | C/O THOMAS J. HERZFELD ADVISORS, INC., 119 WASHINGTON AVE, MIAMI BEACH FL 33139 |
Jose Raphael Oro | other: Access Person | 17 OLD ORCHARD ROAD, NORTH HAVEN CT 06473 |
Teofilo Abraham Babun | other: Access Person | 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139 |
Kay W Tatum | director | 122 SEVILLA AVE, APT 1713, CORAL GABLES FL 33134 |
Lee Reanna J.m. | officer: Secretary/Treasurer/CCO | 119 WASHINGTON AVE, STE 504, MIAMI BEACH FL 33139 |
John A Gelety | director | THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139 |
Ann S Lieff | director | THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139 |
Michael A Rubin | director | 420 SOUTH DIXIE HIGHWAY, STE 4-B, CORAL GABLES FL 33176 |
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