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Xiana Mining (TSXV:XIA.H) Net Income : C$-62.78 Mil (TTM As of Sep. 2020)


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What is Xiana Mining 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. Xiana Mining's Net Income for the three months ended in Sep. 2020 was C$-3.63 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2020 was C$-62.78 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Xiana Mining's Earnings per Share (Diluted) for the three months ended in Sep. 2020 was C$-0.06.


Xiana Mining Net Income Historical Data

The historical data trend for Xiana Mining'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.

Xiana Mining Net Income Chart

Xiana Mining Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.38 -0.08 -1.82 -0.28 -63.06

Xiana Mining Quarterly Data
Jul15 Oct15 Jan16 Apr16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -5.61 -49.14 -2.24 -7.78 -3.63

Xiana Mining 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

Xiana Mining's Net Income for the fiscal year that ended in Dec. 2019 is calculated as

Net Income(A: Dec. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-63.004+-0.054+0+0
=-63.06

Xiana Mining's Net Income for the quarter that ended in Sep. 2020 is calculated as

Net Income(Q: Sep. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.629+0.003+0+0
=-3.63

Net Income for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-62.78 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.


Xiana Mining  (TSXV:XIA.H) 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:

Xiana Mining's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Xiana Mining Net Income Related Terms

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Xiana Mining (TSXV:XIA.H) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6
Xiana Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of mineral properties. The company focuses on exploration for precious and base metals in its property interest. Its exploration activities are focused on mineral claim blocks grouped into the Central Zone, North Zone, and South Zone. It produces copper-gold concentrates from the Minera Altos De Punitaqui in Chile.

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