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American Battery Materials (American Battery Materials) Operating Income : $-2.27 Mil (TTM As of Mar. 2024)


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What is American Battery Materials Operating Income?

American Battery Materials's Operating Income for the three months ended in Mar. 2024 was $-0.26 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.27 Mil.

Warning Sign:

American Battery Materials 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. American Battery Materials's Operating Income for the three months ended in Mar. 2024 was $-0.26 Mil. American Battery Materials's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, American Battery Materials's Operating Margin % for the quarter that ended in Mar. 2024 was %.

American Battery Materials'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. American Battery Materials's annualized ROC % for the quarter that ended in Mar. 2024 was -32.45%. American Battery Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1,526.21%.


American Battery Materials Operating Income Historical Data

The historical data trend for American Battery Materials'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.

American Battery Materials Operating Income Chart

American Battery Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.07 -0.25 -0.39 -1.14 -2.45

American Battery Materials Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.45 -1.09 -0.63 -0.29 -0.26

American Battery Materials 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.27 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.


American Battery Materials  (OTCPK:BLTH) Operating Income Explanation

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

American Battery Materials's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-1.056 * ( 1 - 0% )/( (2.713 + 3.795)/ 2 )
=-1.056/3.254
=-32.45 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

American Battery Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.144/( ( (0.206 + max(-0.721, 0)) + (0.206 + max(-0.517, 0)) )/ 2 )
=-3.144/( ( 0.206 + 0.206 )/ 2 )
=-3.144/0.206
=-1,526.21 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.144) - (0.866 + 0 + -0.00099999999999989)
=-0.721

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.108) - (0.625 + 0 + 0)
=-0.517

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

American Battery Materials's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.264/0
= %

* 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.


American Battery Materials Operating Income Related Terms

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American Battery Materials (American Battery Materials) Business Description

Traded in Other Exchanges
N/A
Address
500 West Putnam Avenue, Suite 400, Greenwich, CT, USA, 06830
American Battery Materials Inc is a US based renewable energy company focused on the extraction, refinement and distribution of technical minerals . This company focused on direct lithium extraction as well as other minerals for refining, processing and distribution to support the country's urgent critical minerals need to support long-term energy transition and the electrification of the U.S. domestic and global economy.
Executives
David Edward Graber director 32 CREEMER RD, ARMONK NY 10504
Adam C Lipson director 1057 COMMERCE AVENUE, UNION NJ 07083