Chain of findings

Was reading quarterly corporate earning reports on AFR (Australia Financial Review) this morning,grabbed a seemingly familiar word - EPS, Earning Per Share. To get a reasonable understanding of the term, I wikied it up, then captured a chain of glossaries that are often-used but don't-really-understand.


EPS --> Net Income --> Minority Interest --> Outstanding Shares --> Enterprise Value --> Preferred Stock


My grasp of each word today:

EPS = (Net Income - Dividends to Preferred Stockholders)/Average Outstanding Shares for the year
Net Income is often referred as Profit in UK
Minority Interest refers to ownership of a company (subsidiary) that is less than 50% of outstanding shares.
Outstanding Shares are common shares
Enterprise value = common equity at equity value + debt at market value + minority interest at market value, if any - associate company at market value, if any[citation needed] + preferred equity at market value - cash and cash-equivalents.
Preferred Stocks hold no voting rights but get dividend paid before common stock holders. Such stock holders will be paid out before common stock holders but after debt holders in a company's bankruptcy.


This is a really good exercise I should do often to get myself familiar with terminologies from different areas. Doesn't need long, 15 concentrated mins every morning should do.