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La Positiva Seguros y Reaseguros (LIM:POSITIC1) Net Income : S/.45 Mil (TTM As of Dec. 2017)


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What is La Positiva Seguros y Reaseguros 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. La Positiva Seguros y Reaseguros's Net Income for the six months ended in Dec. 2017 was S/.45 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2017 was S/.45 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. La Positiva Seguros y Reaseguros's Earnings per Share (Diluted) for the six months ended in Dec. 2017 was S/.0.08.


La Positiva Seguros y Reaseguros Net Income Historical Data

The historical data trend for La Positiva Seguros y Reaseguros'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.

La Positiva Seguros y Reaseguros Net Income Chart

La Positiva Seguros y Reaseguros Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.59 35.06 25.94 33.62 45.05

La Positiva Seguros y Reaseguros Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.59 35.06 25.94 33.62 45.05

La Positiva Seguros y Reaseguros 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

La Positiva Seguros y Reaseguros's Net Income for the fiscal year that ended in Dec. 2017 is calculated as

Net Income(A: Dec. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=114.939+-28.183+0+-41.71
=45

La Positiva Seguros y Reaseguros's Net Income for the quarter that ended in Dec. 2017 is calculated as

Net Income(Q: Dec. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=114.939+-28.183+0+-41.71
=45

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2017 was S/.45 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.


La Positiva Seguros y Reaseguros  (LIM:POSITIC1) 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:

La Positiva Seguros y Reaseguros's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2017 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.


La Positiva Seguros y Reaseguros Net Income Related Terms

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La Positiva Seguros y Reaseguros (LIM:POSITIC1) Business Description

Traded in Other Exchanges
N/A
Address
Calle Francisco Masias 370, San Isidro, Lima, PER
La Positiva Seguros y Reaseguros SA is an insurance company. It offers accident, health, life, retirement, home, travel, micro and affinity, and vehicles and SOAT insurance products for individuals. The company also provides property, fire, profit losing, electronic equipment, machinery break, theft and assault, business, employee dishonesty, liability, agricultural, and occupational risk insurance products for companies.

La Positiva Seguros y Reaseguros (LIM:POSITIC1) Headlines

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