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BNS Split II (TSX:BSC.PR.C.PFD) Net Income : C$-6.62 Mil (TTM As of Mar. 2020)


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What is BNS Split II 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. BNS Split II's Net Income for the six months ended in Mar. 2020 was C$-8.47 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2020 was C$-6.62 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. BNS Split II's Earnings per Share (Diluted) for the six months ended in Mar. 2020 was C$.


BNS Split II Net Income Historical Data

The historical data trend for BNS Split II'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.

BNS Split II Net Income Chart

BNS Split II Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.53 7.69 5.05 0.34 -0.23

BNS Split II Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
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 0.90 -0.56 -2.08 1.85 -8.47

BNS Split II 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

BNS Split II's Net Income for the fiscal year that ended in Sep. 2019 is calculated as

Net Income(A: Sep. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.229+0+0+0
=-0.23

BNS Split II's Net Income for the quarter that ended in Mar. 2020 is calculated as

Net Income(Q: Mar. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-8.473+0+0+0
=-8.47

Net Income for the trailing twelve months (TTM) ended in Mar. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$-6.62 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.


BNS Split II  (TSX:BSC.PR.C.PFD) 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:

BNS Split II's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2020 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.


BNS Split II Net Income Related Terms

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BNS Split II (TSX:BSC.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
150 King Street West, 18th Floor, Toronto, ON, CAN, M5H 1J9
BNS Split Corp II is a Canada based company. It holds a portfolio consisting of common shares of the Bank of Nova Scotia in order to generate income for the holders of the company's preferred shares and to enable the holders of the company's capital shares to participate in any capital appreciation in the BNS shares. The company receives maximum revenue in the form of dividend income.

BNS Split II (TSX:BSC.PR.C.PFD) Headlines

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