GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precicion Trim Inc (OTCPK:PRTR) » Definitions » Net Income

Precicion Trim (Precicion Trim) Net Income : $5.07 Mil (TTM As of Sep. 2011)


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

What is Precicion Trim 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. Precicion Trim's Net Income for the three months ended in Sep. 2011 was $1.27 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2011 was $5.07 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Precicion Trim's Earnings per Share (Diluted) for the three months ended in Sep. 2011 was $4.24.


Precicion Trim Net Income Historical Data

The historical data trend for Precicion Trim'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.

Precicion Trim Net Income Chart

Precicion Trim Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 1.61 0.94 0.70 6.58

Precicion Trim Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 1.92 1.57 1.13 1.10 1.27

Precicion Trim 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

Precicion Trim's Net Income for the fiscal year that ended in Dec. 2010 is calculated as

Net Income(A: Dec. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=7.565+-0.989+0+0.00099999999999945
=6.58

Precicion Trim's Net Income for the quarter that ended in Sep. 2011 is calculated as

Net Income(Q: Sep. 2011 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.456+-0.188+0+0
=1.27

Net Income for the trailing twelve months (TTM) ended in Sep. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.07 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.


Precicion Trim  (OTCPK:PRTR) 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:

Precicion Trim's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2011 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.


Precicion Trim Net Income Related Terms

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


Precicion Trim (Precicion Trim) Business Description

Traded in Other Exchanges
N/A
Address
17011 Beach Boulevard, 9th Floor, Huntington Beach, CA, USA, 92647
Precicion Trim Inc is a United States based company operating in the machine automation and development field. It designs, manufactures and distributes robotic and non-robotic machines in a wide variety of industries. The company is focused on the development and design of its flower trimming equipment. The equipment will be able to trim the head off of flowering plants at a distance that is programmable by the user. In addition, the company also owns medical devices.
Executives
Kenneth Leung director 257 GOLD STREET APT. 14B BROOKLYN NY 11201
Joseph Charles Passalaqua 10 percent owner 106 GLENWOOD DR SOUTH, LIVERPOOL NY 13090
Craig Burton director, officer: President 104 DUNLAP DRIVE, DEWITT NY 13214

Precicion Trim (Precicion Trim) Headlines

From GuruFocus

Precicion Trim Encouraged By Trump Comments 

By Marketwired Marketwired 06-15-2018