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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Operating Income : $-1.71 Mil (TTM As of Jun. 2023)


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What is CC Neuberger Principal Holdings III Operating Income?

CC Neuberger Principal Holdings III's Operating Income for the three months ended in Jun. 2023 was $-0.34 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-1.71 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. CC Neuberger Principal Holdings III's Operating Income for the three months ended in Jun. 2023 was $-0.34 Mil. CC Neuberger Principal Holdings III's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Therefore, CC Neuberger Principal Holdings III's Operating Margin % for the quarter that ended in Jun. 2023 was %.

CC Neuberger Principal Holdings III'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. CC Neuberger Principal Holdings III's annualized ROC % for the quarter that ended in Jun. 2023 was -2.83%. CC Neuberger Principal Holdings III's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was %.


CC Neuberger Principal Holdings III Operating Income Historical Data

The historical data trend for CC Neuberger Principal Holdings III'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.

CC Neuberger Principal Holdings III Operating Income Chart

CC Neuberger Principal Holdings III Annual Data
Trend Dec20 Dec21 Dec22
Operating Income
- -1.44 -1.48

CC Neuberger Principal Holdings III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.33 -0.38 -0.65 -0.34

CC Neuberger Principal Holdings III 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 $-1.71 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.


CC Neuberger Principal Holdings III  (NYSE:PRPC.U) Operating Income Explanation

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

CC Neuberger Principal Holdings III'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 )
=-1.36 * ( 1 - 0% )/( (47.673 + 48.529)/ 2 )
=-1.36/48.101
=-2.83 %

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:

CC Neuberger Principal Holdings III'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 )
=1.728/( ( (0 + max(-0.547, 0)) + (0 + max(-0.487, 0)) )/ 2 )
=1.728/( ( 0 + 0 )/ 2 )
=1.728/0
= %

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 + 0.074) - (0.621 + 0 + 0)
=-0.547

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.122) - (0.609 + 0 + 0)
=-0.487

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 %:

CC Neuberger Principal Holdings III'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 )
=-0.34/0
= %

* 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.


CC Neuberger Principal Holdings III Operating Income Related Terms

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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, 58th Floor, New York, NY, USA, 10166
CC Neuberger Principal Holdings III is a blank check company.
Executives
Matthew Mannelly director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hackney Jesse Joel Jr director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Chinh Chu director, officer: Chief Executive Officer THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jason K Giordano officer: EVP, Corporate Development 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Matthew Skurbe officer: Chief Financial Officer C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166
Keith W Abell director 388 GREENWICH STREET 36TH FLOOR, NEW YORK NY 10013
Douglas Newton officer: EVP, Corporate Development 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Charles Kantor director C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Cc Neuberger Principal Holdings Iii Sponsor Llc director, 10 percent owner C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166

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