Nature's Miracle Holding Inc. Net Income to Company

Metrics similar to Net Income to Company in the financials category include:

• Goodwill - This item represents the excess of purchase price paid over the fair market value of net assets acquired, net of any write downs for impairment in value. Goodwill is now no longer amortized over an estimated useful life as was being done earlier (prior to SFAS 142). Instead the balance of goodwill has to be assessed at every reporting period and a write down for impairment has to be recognized when determined. The assessment for impairment is done by applying a fair value based test.
• Deferred Taxes - This item represents the deferred amount of income taxes payable by the company, both domestic and foreign.
• Advertising Expense - This item represents expenditure incurred towards advertising, marketing, promotional and publicity. This data item is extracted for 10Ks only.
• In Process R&D Expenses - This item represents when a company acquired other company’s assets and liabilities along with its in process R&D and if that In process R&D is of no use to Acquired Company, it will be written off.