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Green Ballast (Green Ballast) Net Income : $-2.10 Mil (TTM As of Dec. 2014)


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What is Green Ballast 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. Green Ballast's Net Income for the three months ended in Dec. 2014 was $0.00 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2014 was $-2.10 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Green Ballast's Earnings per Share (Diluted) for the three months ended in Dec. 2014 was $0.00.


Green Ballast Net Income Historical Data

The historical data trend for Green Ballast'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.

Green Ballast Net Income Chart

Green Ballast Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Net Income
- -5.66 -2.71 -1.17

Green Ballast Quarterly Data
Sep11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Dec13 Dec14
Net Income Get a 7-Day Free Trial Premium Member Only -1.34 -1.21 -0.89 - -

Green Ballast 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

Green Ballast's Net Income for the fiscal year that ended in Dec. 2014 is calculated as

Net Income(A: Dec. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.167+0+0+0
=-1.17

Green Ballast's Net Income for the quarter that ended in Dec. 2014 is calculated as

Net Income(Q: Dec. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+0
=0.00

Net Income for the trailing twelve months (TTM) ended in Dec. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.10 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.


Green Ballast  (GREY:GBLL) 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:

Green Ballast's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Green Ballast Net Income Related Terms

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Green Ballast (Green Ballast) Business Description

Traded in Other Exchanges
N/A
Address
2620 Thousand Oaks Boulevard, Suite 4000, Memphis, TN, USA, 38118
Green Ballast Inc develops, markets and distributes energy-efficient electronic ballasts for fluorescent fixtures in the lighting industry. The company's electronic ballast is used with a fluorescent bulb to regulate the amount of electric current delivered to start and operate the bulb. It offers energy-efficient electronic ballasts as an alternative to traditional ballasts and existing daylight harvesting ballasts. Its product daylight harvesting ballasts can be applied to two-lamp, three-lamp, or four-lamp light fixtures.

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