HHSRF (Hi Ho Silver Resources) Net Income: $-0.41 Mil (TTM As of Apr. 2021)

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What is Hi Ho Silver Resources Net Income?

Hi Ho Silver Resources HHSRF -99.75% Net Income is $-0.41 Mil as of Apr. 2021.

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. Hi Ho Silver Resources's Net Income for the three months ended in Apr. 2021 was $-0.12 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2021 was $-0.41 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hi Ho Silver Resources's Earnings per Share (Diluted) for the three months ended in Apr. 2021 was $-0.00.

Hi Ho Silver Resources  (OTCPK:HHSRF) 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:

Hi Ho Silver Resources's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 2021 is calculated as

Earnings per Share (Diluted) (Q: Apr. 2021 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(-0.118-0)/62.837
=-0.00

* 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.

Hi Ho Silver Resources Net Income Related Terms

Hi Ho Silver Resources Net Income Historical Data

* Premium members only.

The historical data trend for Hi Ho Silver Resources'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.

Hi Ho Silver Resources Net Income Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 -0.93 -0.76 -1.06 -0.34

Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 -0.11 -0.11 -0.07 -0.11 -0.12

Hi Ho Silver Resources 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

Hi Ho Silver Resources's Net Income for the fiscal year that ended in Jul. 2020 is calculated as

Net Income(A: Jul. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.335+0+0+0
=-0.34

Hi Ho Silver Resources's Net Income for the quarter that ended in Apr. 2021 is calculated as

Net Income(Q: Apr. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.118+0+0+0
=-0.12

Net Income for the trailing twelve months (TTM) ended in Apr. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.41 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 $-0.41 Mil mean?
Hi Ho Silver Resources (HHSRF) has a Net Income of $-0.41 Mil as of Apr. 2021. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hi Ho Silver Resources and its competitors.
Is Hi Ho Silver Resources' Net Income too high?
Hi Ho Silver Resources' current Net Income is $-0.41 Mil.
How does Hi Ho Silver Resources' Net Income compare to competitors?
Hi Ho Silver Resources' Net Income of $-0.41 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Net Income depends on the Metals & Mining 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 Hi Ho Silver Resources and its competitors. Hi Ho Silver Resources's current Net Income is $-0.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi Ho Silver Resources stock overvalued right now?
Hi Ho Silver Resources (HHSRF) has a current Net Income of $-0.41 Mil. The current Net Income is $-0.41 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 Hi Ho Silver Resources (HHSRF), the current Net Income is $-0.41 Mil as of Apr. 2021. 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.

Hi Ho Silver Resources Business Description

Address Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.