BlackRock New Energy Investment Trust (LSE:BRNS) Owner Earnings per Share (TTM) : 0.00 (As of Oct. 2013)

BlackRock New Energy Investment Trust Owner Earnings per Share (TTM) Chart

BlackRock New Energy Investment Trust Annual Data
	Trend	Oct04	Oct05	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11	Oct12	Oct13
Owner Earnings per Share (TTM)		Get a 7-Day Free Trial					-	-	-	-	-

BlackRock New Energy Investment Trust Semi-Annual Data
	Apr04	Oct04	Apr05	Oct05	Apr06	Oct06	Apr07	Oct07	Apr08	Oct08	Apr09	Oct09	Apr10	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13
Owner Earnings per Share (TTM)	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of BlackRock New Energy Investment Trust's Owner Earnings per Share (TTM)

For the Asset Management subindustry, BlackRock New Energy Investment Trust's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BlackRock New Energy Investment Trust's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock New Energy Investment Trust's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where BlackRock New Energy Investment Trust's Price-to-Owner-Earnings falls into.

BlackRock New Energy Investment Trust Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

BlackRock New Energy Investment Trust does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.

BlackRock New Energy Investment Trust Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of BlackRock New Energy Investment Trust's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.

BlackRock New Energy Investment Trust (LSE:BRNS) Business Description