SCST (Suncast Solar Energy) Net Income: $-0.64 Mil (TTM As of Dec. 2008)

What is Suncast Solar Energy Net Income?

Suncast Solar Energy SCST Net Income is $-0.64 Mil as of Dec. 2008.

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. Suncast Solar Energy's Net Income for the three months ended in Dec. 2008 was $0.87 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2008 was $-0.64 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Suncast Solar Energy's Earnings per Share (Diluted) for the three months ended in Dec. 2008 was $0.01.

Suncast Solar Energy (OTCPK:SCST) 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:

Suncast Solar Energy's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2008 is calculated as

Earnings per Share (Diluted) (Q: Dec. 2008 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(0.871	-	0)	/	69.030
	=	0.01

* 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.

Suncast Solar Energy Net Income Related Terms

Suncast Solar Energy Net Income Historical Data

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The historical data trend for Suncast Solar Energy's Net Income can be seen below:

Suncast Solar Energy Net Income Chart

Suncast Solar Energy Annual Data

Trend

Jun99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Net Income

Get a 7-Day Free Trial

-0.13

-0.12

-0.08

4.48

0.16

Suncast Solar Energy Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Net Income	Get a 7-Day Free Trial															4.66	-0.38	-0.88	-0.24	0.87

Suncast Solar Energy 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

Suncast Solar Energy's Net Income for the fiscal year that ended in Dec. 2008 is calculated as

	Net Income		(A: Dec. 2008 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	0	+	0	+	0	+	0.164
=	0.16

Suncast Solar Energy's Net Income for the quarter that ended in Dec. 2008 is calculated as

	Net Income		(Q: Dec. 2008 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	0	+	0	+	0	+	0.871
=	0.87

Net Income for the trailing twelve months (TTM) ended in Dec. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.64 Mil.

Frequently Asked Questions Learn more about Net Income →

What does a Net Income of $-0.64 Mil mean?

Suncast Solar Energy (SCST) has a Net Income of $-0.64 Mil as of Dec. 2008. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Suncast Solar Energy and its competitors.

Is Suncast Solar Energy's Net Income too high?

Suncast Solar Energy's current Net Income is $-0.64 Mil.

How does Suncast Solar Energy's Net Income compare to ECEZ and CESX?

Suncast Solar Energy's Net Income of $-0.64 Mil can be compared against companies in the Waste Management 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 Waste Management company?

A good Net Income depends on the Waste Management 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 Suncast Solar Energy and its competitors. Suncast Solar Energy's current Net Income is $-0.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Suncast Solar Energy stock overvalued right now?

Suncast Solar Energy (SCST) has a current Net Income of $-0.64 Mil. The current Net Income is $-0.64 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 Suncast Solar Energy (SCST), the current Net Income is $-0.64 Mil as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Industry Industrials Waste Management

Comparable Companies ECEZ CESX ALAN BCCEF NESCQ BSHF GETH NWMH AWX GLYE NTRHF CREG IDSA AERT MRDN ALGXY EXPL CWSS PGTK VTNR

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202

Suncast Solar Energy Inc provides environmental testing and other services within the United States.