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Solar Wind Energy Tower (Solar Wind Energy Tower) Net Income : $-1.18 Mil (TTM As of Sep. 2016)


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What is Solar Wind Energy Tower 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. Solar Wind Energy Tower's Net Income for the three months ended in Sep. 2016 was $-0.23 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2016 was $-1.18 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Solar Wind Energy Tower's Earnings per Share (Diluted) for the three months ended in Sep. 2016 was $-0.00.


Solar Wind Energy Tower Net Income Historical Data

The historical data trend for Solar Wind Energy Tower'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.

Solar Wind Energy Tower Net Income Chart

Solar Wind Energy Tower Annual Data
Trend Dec07 Dec08 Dec09 Dec11 Dec12 Dec13 Dec14 Dec15
Net Income
Get a 7-Day Free Trial -2.26 -3.37 -2.40 -5.12 -5.13

Solar Wind Energy Tower Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -1.35 -2.57 1.87 -0.26 -0.23

Solar Wind Energy Tower 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

Solar Wind Energy Tower's Net Income for the fiscal year that ended in Dec. 2015 is calculated as

Net Income(A: Dec. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.132+0+0+0.0049999999999999
=-5.13

Solar Wind Energy Tower's Net Income for the quarter that ended in Sep. 2016 is calculated as

Net Income(Q: Sep. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.226+0+0+0
=-0.23

Net Income for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.18 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.


Solar Wind Energy Tower  (GREY:SWET) 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:

Solar Wind Energy Tower's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2016 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.


Solar Wind Energy Tower Net Income Related Terms

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Solar Wind Energy Tower (Solar Wind Energy Tower) Business Description

Traded in Other Exchanges
N/A
Address
1997 Annapolis Exchange Parkway, Suite 300, Annapolis, MD, USA, 21401
Solar Wind Energy Tower Inc along with its subsidiaries offers sustainable energy solutions. The company has designed Solar Wind Downdraft Tower which is used to generate electricity economically.

Solar Wind Energy Tower (Solar Wind Energy Tower) Headlines