GYST (The Graystone Co) Net Income: $-20.79 Mil (TTM As of Sep. 2013)

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What is The Graystone Co Net Income?

The Graystone Co GYST -0.22% Net Income is $-20.79 Mil as of Sep. 2013.

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. The Graystone Co's Net Income for the three months ended in Sep. 2013 was $-17.49 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2013 was $-20.79 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. The Graystone Co's Earnings per Share (Diluted) for the three months ended in Sep. 2013 was $-5,828.33.


The Graystone Co  (OTCPK:GYST) 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:

The Graystone Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2013 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.


The Graystone Co Net Income Related Terms


The Graystone Co Net Income Historical Data

* Premium members only.

The historical data trend for The Graystone 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.

The Graystone Co Net Income Chart

The Graystone Co Annual Data
Trend Dec10 Dec11 Dec12
Net Income
0.05 -2.16 -3.79

The Graystone Co Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.88 -1.95 -0.77 -0.59 -17.49

The Graystone 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

The Graystone Co's Net Income for the fiscal year that ended in Dec. 2012 is calculated as

Net Income(A: Dec. 2012 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.792+0+0+0
=-3.79

The Graystone Co's Net Income for the quarter that ended in Sep. 2013 is calculated as

Net Income(Q: Sep. 2013 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-17.485+0+0+0
=-17.49

Net Income for the trailing twelve months (TTM) ended in Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.79 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 $-20.79 Mil mean?
The Graystone Co (GYST) has a Net Income of $-20.79 Mil as of Sep. 2013. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on The Graystone Co and its competitors.
Is The Graystone Co's Net Income too high?
The Graystone Co's current Net Income is $-20.79 Mil.
How does The Graystone Co's Net Income compare to DWSGF and AUXRF?
The Graystone Co's Net Income of $-20.79 Mil can be compared against companies in the Banks 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 Banks company?
A good Net Income depends on the Banks 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 The Graystone Co and its competitors. The Graystone Co's current Net Income is $-20.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Graystone Co stock overvalued right now?
The Graystone Co (GYST) has a current Net Income of $-20.79 Mil. The current Net Income is $-20.79 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 The Graystone Co (GYST), the current Net Income is $-20.79 Mil as of Sep. 2013. 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.

The Graystone Co Business Description

Address 150 S. Pine Island Road, Suite 300, Plantation, FL, USA, 33324
The Graystone Co Inc is a mortgage broker and lender. It is a mortgage brokerage firm that specializes in connecting clients with the ideal mortgage options tailored to their financial circumstances and goals. The company caters to various categories of customers from first-time homebuyers to seasoned investors, providing personalized guidance and support throughout the entire mortgage process.