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Gulfslope Energy (Gulfslope Energy) Operating Income : $-0.86 Mil (TTM As of Jun. 2023)


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What is Gulfslope Energy Operating Income?

Gulfslope Energy's Operating Income for the three months ended in Jun. 2023 was $-0.14 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.86 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Gulfslope Energy's Operating Income for the three months ended in Jun. 2023 was $-0.14 Mil. Gulfslope Energy's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Therefore, Gulfslope Energy's Operating Margin % for the quarter that ended in Jun. 2023 was %.

Gulfslope Energy'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. Gulfslope Energy's annualized ROC % for the quarter that ended in Jun. 2023 was -3.48%. Gulfslope Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -3.24%.


Gulfslope Energy Operating Income Historical Data

The historical data trend for Gulfslope Energy'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.

Gulfslope Energy Operating Income Chart

Gulfslope Energy Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.22 -1.47 -1.10 -1.51 -1.46

Gulfslope Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -0.38 -0.28 -0.26 -0.19 -0.14

Gulfslope Energy 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.86 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.


Gulfslope Energy  (OTCPK:GSPE) Operating Income Explanation

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

Gulfslope Energy's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-0.54 * ( 1 - 0% )/( (15.583 + 15.461)/ 2 )
=-0.54/15.522
=-3.48 %

where

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

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

Gulfslope Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.172/( ( (5.307 + max(-5.421, 0)) + (5.307 + max(-5.434, 0)) )/ 2 )
=-0.172/( ( 5.307 + 5.307 )/ 2 )
=-0.172/5.307
=-3.24 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.061) - (4.398 + 0 + 1.084)
=-5.421

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.058) - (4.559 + 0 + 0.933)
=-5.434

When net working capital is negative, 0 is used.

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

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

Gulfslope Energy's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-0.135/0
= %

* 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.


Gulfslope Energy Operating Income Related Terms

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Gulfslope Energy (Gulfslope Energy) Business Description

Traded in Other Exchanges
N/A
Address
1000 Main Street, Suite 2300, Houston, TX, USA, 77002
Gulfslope Energy Inc is a part of the oil and gas markets. It is a crude oil and natural gas exploration and production company. The company's activities are focused on the shelf area of the Gulf of Mexico. It is focused on identifying and acquiring oil and gas prospects. It has licensed three-dimensional seismic data and has evaluated this data using interpretation technologies.
Executives
Delek Group, Ltd. 10 percent owner 19 ABBA EBAN BLVD, P.O.B. 2054, HERZLIYA L3 4612001
Itshak Sharon 10 percent owner 7, GIBOREI ISRAEL STREET, P.O.B. 8464, INDUSTRIAL ZONE SOUTH, NETANYA L3 42504
Delek Gom Holdings, Llc 10 percent owner C/O THE CORPORATION TRUST COMPANY, 1209 ORANGE STREET, WILMINGTON DE 19801
Delek Gom Investments, Llc 10 percent owner C/O THE CORPORATION TRUST COMPANY, 1209 ORANGE STREET, WILMINGTON DE 19801
Dkl Investments Ltd 10 percent owner C/O CRESTBRIDGE LIMITED, 47 ESPLANADE, ST HELIER Y9 JE1 0BD
John Malanga officer: Chief Financial Officer 2500 CITY WEST, SUITE 800, HOUSTON TX 77042
Richard S Langdon director
Paul L Morris director 1004 NORTH BIG SPRING STREET, MIDLAND TX 79701
James M. Askew director, 10 percent owner 3 RIVERWAY, STE. 1800, HOUSTON TX 77056
Brady Douglas Rodgers officer: VICE PRESIDENT 2500 CITYWEST BLVD, HOUSTON TX 77042
Ronald A Bain officer: President and COO 1001 FANNIN STREET, HOUSTON TX 77002
Moore Dwight Clint M officer: Vice President and Secretary 2500 CITY WEST, SUITE 800, HOUSTON TX 77042
John N Seitz 10 percent owner 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77006
Connally John B Iii other: FORMER 10% OWNER 16MARCUS CO, 1600 ROCKCLIFF ROAD, AUSTIN TX 78746
Michael Doolin 10 percent owner 5 PEPPERWOOD DRIVE, SANDY UT 84092