GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Medinah Minerals Inc (OTCPK:MDMN) » Definitions » Net Income

Medinah Minerals (Medinah Minerals) Net Income : $0.00 Mil (TTM As of . 20)


View and export this data going back to . Start your Free Trial

What is Medinah Minerals 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. Medinah Minerals's Net Income for the three months ended in . 20 was $0.00 Mil. Its Net Income for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Medinah Minerals's Earnings per Share (Diluted) for the three months ended in . 20 was $.


Medinah Minerals Net Income Historical Data

The historical data trend for Medinah Minerals'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.

Medinah Minerals Net Income Chart

Medinah Minerals Annual Data
Trend
Net Income

Medinah Minerals Quarterly Data
Net Income

Medinah Minerals 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

Medinah Minerals's Net Income for the fiscal year that ended in . 20 is calculated as

Net Income(A: . 20 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=+++0
=0.00

Medinah Minerals's Net Income for the quarter that ended in . 20 is calculated as

Net Income(Q: . 20 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=+++0
=0.00

Net Income for the trailing twelve months (TTM) ended in . 20 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Medinah Minerals  (OTCPK:MDMN) 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:

Medinah Minerals's Earnings per Share (Diluted) (EPS) for the quarter that ended in . 20 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.


Medinah Minerals Net Income Related Terms

Thank you for viewing the detailed overview of Medinah Minerals's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Medinah Minerals (Medinah Minerals) Business Description

Traded in Other Exchanges
N/A
Address
3021 East 98th Street, Suite 140, Indianapolis, IN, USA, 46280
Medinah Minerals Inc is a holding company. Through its subsidiaries, the company is engaged in the exploration and development of mineral properties.

Medinah Minerals (Medinah Minerals) Headlines

No Headlines