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Arsenal Digital Holdings (Arsenal Digital Holdings) Operating Income : $-0.80 Mil (TTM As of Aug. 2023)


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What is Arsenal Digital Holdings Operating Income?

Arsenal Digital Holdings's Operating Income for the three months ended in Aug. 2023 was $-0.80 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Aug. 2023 was $-0.80 Mil.

Warning Sign:

Arsenal Digital Holdings Inc has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Arsenal Digital Holdings's Operating Income for the three months ended in Aug. 2023 was $-0.80 Mil. Arsenal Digital Holdings's Revenue for the three months ended in Aug. 2023 was $17.37 Mil. Therefore, Arsenal Digital Holdings's Operating Margin % for the quarter that ended in Aug. 2023 was -4.62%.

Arsenal Digital Holdings's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arsenal Digital Holdings's annualized ROC % for the quarter that ended in Aug. 2023 was -386.52%. Arsenal Digital Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was %.


Arsenal Digital Holdings Operating Income Historical Data

The historical data trend for Arsenal Digital Holdings's Operating 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.

Arsenal Digital Holdings Operating Income Chart

Arsenal Digital Holdings Annual Data
Trend Nov04 Nov05 Nov06 Nov07 Nov08 Nov09 Nov10
Operating Income
Get a 7-Day Free Trial -5.60 -8.51 -5.82 -3.12 -7.86

Arsenal Digital Holdings Quarterly Data
Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug22 Aug23
Operating 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 -0.93 -0.39 -0.76 -0.07 -0.80

Arsenal Digital Holdings Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.80 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.


Arsenal Digital Holdings  (OTCPK:ADHI) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Arsenal Digital Holdings's annualized ROC % for the quarter that ended in Aug. 2023 is calculated as:

ROC % (Q: Aug. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2022 ) + Invested Capital (Q: Aug. 2023 ))/ count )
=-3.212 * ( 1 - 0% )/( (0 + 0.831)/ 1 )
=-3.212/0.831
=-386.52 %

where

Note: The Operating Income data used here is four times the quarterly (Aug. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Arsenal Digital Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.208/( ( (0 + max(0, 0)) + (0 + max(-0.00099999999999995, 0)) )/ 1 )
=-3.208/( ( 0 + 0 )/ 1 )
=-3.208/0
= %

where Working Capital is:

Working Capital(Q: Aug. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.4) - (0.401 + 0 + -5.5511151231258E-17)
=-0.00099999999999995

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Aug. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Arsenal Digital Holdings's Operating Margin % for the quarter that ended in Aug. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Aug. 2023 )/Revenue (Q: Aug. 2023 )
=-0.803/17.371
=-4.62 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Arsenal Digital Holdings Operating Income Related Terms

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Arsenal Digital Holdings (Arsenal Digital Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2925 Richmond Avenue, Suite 1550, Houston, TX, USA, 77098
Arsenal Digital Holdings Inc is a service provider specializing in energy and power development projects.
Executives
West Peak Ventures Of Canada Ltd. 10 percent owner 1010-789 WEST PENDER STREET, VANCOUVER A1 V6C 1H2
Woodburn Holdings, Ltd. director, 10 percent owner, officer: Secretary 885 PYRFORD ROAD, WEST VANCOUVER A1 V7S 2A2
James Douglas Frater director, 10 percent owner, officer: CEO & PRESIDENT 609 GRANVILLE STREET, SUITE 880, P.O. BOX 10321, PACIFIC CENTER, VANCOUVER A1 V7Y 1G5
Craig A Harting director, 10 percent owner, officer: COO 609 GRANVILLE STREET, SUITE 880, P.O. BOX 10321, PACIFIC CENTER, VANCOUVER A1 V7Y 1G5
West Peak Ventures Of Canada Ltd 10 percent owner 885 PYRFORD ROAD, WEST VANCOUVER A1 V7S A2A
Elden Schorn director, 10 percent owner, officer: President CEO CFO & Treasurer STE 1247 - 235 KEITH ROAD, WEST VANCOUVER A1 V7T 1L5
Hugh Chisholm 10 percent owner 885 PYRFORD ROAD, VANCOUVER A1 V7S A2A
Bruce Chisholm 10 percent owner 885 PYRFORD ROAD, VANCOUVER A1 V7S A2A
Kathrine Macdonald 10 percent owner 885 PYRFORD ROAD, WEST VANCOUVER A1 V7S 2A2
Robert M Baker director, 10 percent owner, officer: President CEO CFO Treas/Sec 600-666 BURRARD STREET, VANCOUVER A1 V6C3P6