GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Lights Resources Corp (OTCPK:NLRCF) » Definitions » Owner Earnings per Share (TTM)

NLRCF (Northern Lights Resources) Owner Earnings per Share (TTM) : 0.00 (As of Jul. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Northern Lights Resources Owner Earnings per Share (TTM)?

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)."

Northern Lights Resources does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Northern Lights Resources's Owner Earnings per Share (TTM) or its related term are showing as below:



NLRCF's Price-to-Owner-Earnings is not ranked *
in the Metals & Mining industry.
Industry Median: 14.575
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Northern Lights Resources's Earnings per Share (Diluted) for the three months ended in Jul. 2024 was $-0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2024 was $-0.01. It's PE Ratio (TTM) ratio for today is At Loss.

Northern Lights Resources's EPS without NRI for the three months ended in Jul. 2024 was $-0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Jul. 2024 was $-0.00. It's PE Ratio without NRI ratio for today is At Loss.


Northern Lights Resources Owner Earnings per Share (TTM) Historical Data

The historical data trend for Northern Lights Resources's Owner Earnings per Share (TTM) 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.

Northern Lights Resources Owner Earnings per Share (TTM) Chart

Northern Lights Resources Annual Data
Trend Apr12 Apr13 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Northern Lights Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Owner Earnings per Share (TTM) 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 - - - - -

Competitive Comparison of Northern Lights Resources's Owner Earnings per Share (TTM)

For the Gold subindustry, Northern Lights Resources'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.


Northern Lights Resources's Price-to-Owner-Earnings Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Northern Lights Resources's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Northern Lights Resources's Price-to-Owner-Earnings falls into.



Northern Lights Resources 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)

Northern Lights Resources 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.


Northern Lights Resources Owner Earnings per Share (TTM) Related Terms

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


Northern Lights Resources Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
Northern Lights Resources Corp is an exploration and development company. Its principal business activities include acquiring and exploring resource properties. The company owns the Secret Pass Gold Project in Arizona, United States.

Northern Lights Resources Headlines

From GuruFocus

Medicine Springs New Project Update Video

By ACCESSWIRE ACCESSWIRE 09-22-2021

Medicine Springs JV - Project Expansion and Exploration Update

By ACCESSWIRE ACCESSWIRE 06-09-2021

More High Grade Drill Results at Tin Cup

By ACCESSWIRE ACCESSWIRE 03-07-2022

Tin Cup Drilling Update

By ACCESSWIRE ACCESSWIRE 12-06-2021

Project Exploration Update

By ACCESSWIRE ACCESSWIRE 07-13-2021

Northern Lights Announces Share Consolidation

By ACCESSWIRE ACCESSWIRE 05-17-2022

Corporate Update

By ACCESSWIRE ACCESSWIRE 01-14-2021

Corporate Update

By ACCESSWIRE ACCESSWIRE 12-11-2020