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Critical Control Energy Services (TSX:CCZ.PR.A.PFD) Net Income : C$-18.78 Mil (TTM As of Jun. 2019)


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What is Critical Control Energy Services 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. Critical Control Energy Services's Net Income for the three months ended in Jun. 2019 was C$-0.18 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2019 was C$-18.78 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Critical Control Energy Services's Earnings per Share (Diluted) for the three months ended in Jun. 2019 was C$.


Critical Control Energy Services Net Income Historical Data

The historical data trend for Critical Control Energy Services'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.

Critical Control Energy Services Net Income Chart

Critical Control Energy Services Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.22 -3.51 -2.00 -3.26 -19.24

Critical Control Energy Services Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -1.33 -13.29 -4.55 -0.77 -0.18

Critical Control Energy Services 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

Critical Control Energy Services's Net Income for the fiscal year that ended in Dec. 2018 is calculated as

Net Income(A: Dec. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-15.65+-3.588+0+0
=-19.24

Critical Control Energy Services's Net Income for the quarter that ended in Jun. 2019 is calculated as

Net Income(Q: Jun. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.176+0+0+0
=-0.18

Net Income for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-18.78 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.


Critical Control Energy Services  (TSX:CCZ.PR.A.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:

Critical Control Energy Services's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2019 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.


Critical Control Energy Services Net Income Related Terms

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Critical Control Energy Services Business Description

Traded in Other Exchanges
N/A
Address
800, 140 - 10th Avenue SE, Calgary, AB, CAN, T2G 0R1
Critical Control Energy Services Corp is engaged in the business of providing solutions for the collection, control, and analysis of measurement and operational data related to oil and gas wells across North America. It provides services to capture data, cloud-based software to visualize and manage it, and business intelligence to make operational decisions. The reportable segments of the company are Software and Field Services. The Software business provides cloud-based software and software-based services to its upstream and midstream oil and gas clients. The Field Services business provides gas measurement field services, gas and liquid laboratory services, fabrication and other services to its upstream and midstream oil and gas clients. It has business operations in the US and Canada.

Critical Control Energy Services Headlines

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