GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Red Trail Energy LLC (OTCPK:REGX) » Definitions » Operating Income

Red Trail Energy LLC (Red Trail Energy LLC) Operating Income : $0.3 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Red Trail Energy LLC Operating Income?

Red Trail Energy LLC's Operating Income for the three months ended in Mar. 2024 was $-6.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $0.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Red Trail Energy LLC's Operating Income for the three months ended in Mar. 2024 was $-6.2 Mil. Red Trail Energy LLC's Revenue for the three months ended in Mar. 2024 was $34.0 Mil. Therefore, Red Trail Energy LLC's Operating Margin % for the quarter that ended in Mar. 2024 was -18.26%.

Red Trail Energy LLC'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. Red Trail Energy LLC's annualized ROC % for the quarter that ended in Mar. 2024 was -26.67%. Red Trail Energy LLC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -29.26%.


Red Trail Energy LLC Operating Income Historical Data

The historical data trend for Red Trail Energy LLC'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.

Red Trail Energy LLC Operating Income Chart

Red Trail Energy LLC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.13 -0.29 11.73 22.51 6.24

Red Trail Energy LLC 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 -0.59 0.34 4.34 1.81 -6.22

Red Trail Energy LLC 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 $0.3 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.


Red Trail Energy LLC  (OTCPK:REGX) Operating Income Explanation

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

Red Trail Energy LLC'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 )
=-24.864 * ( 1 - 0% )/( (88.902 + 97.531)/ 2 )
=-24.864/93.2165
=-26.67 %

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:

Red Trail Energy LLC'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 )
=-24.64/( ( (76.419 + max(3.488, 0)) + (75.133 + max(13.361, 0)) )/ 2 )
=-24.64/( ( 79.907 + 88.494 )/ 2 )
=-24.64/84.2005
=-29.26 %

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)
=(5 + 16.396 + 5.854) - (22.14 + 0.155 + 1.467)
=3.488

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.606 + 12.522 + 4.246) - (5.349 + 0.06 + 1.604)
=13.361

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 %:

Red Trail Energy LLC'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 )
=-6.216/34.035
=-18.26 %

* 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.


Red Trail Energy LLC Operating Income Related Terms

Thank you for viewing the detailed overview of Red Trail Energy LLC's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Red Trail Energy LLC (Red Trail Energy LLC) Business Description

Traded in Other Exchanges
N/A
Address
3682 Highway 8 South, P.O. Box 11, Richardton, ND, USA, 58652
Red Trail Energy LLC is USA based firm engaged in constructing, owning, and operating a fuel-grade ethanol plant near Richardton, North Dakota in western North Dakota. The company's product offering includes ethanol, distillers' grains, and corn oil.
Executives
Jodi Marie Johnson officer: Chief Financial Officer PO BOX 513, MEDORA ND 58645
Anthony Lee Mock director 5665 22ND AVE SE, KINTYRE ND 58549
Kent Wayne Anderson officer: Chief Financial Officer 1767 PRAIRIE AVENUE, DICKINSON ND 58601
Calvin Diehl officer: Chief Executive Officer 3682 HIGHWAY 8 SOUTH, P O BOX 11, RICHARDTON ND 58652
Gerald Bachmeier officer: Interim Chief Executive Office 20897 467TH AVE, MORRIS MN 56267
Sidney A Mauch director 712 WYNDEMERE DRIVE, WEST FARGO ND 58078
Mike Appert director 755 HIGHWAY 34, HAZELTON ND 58544
William Price director 2273 RIVER ROAD, PRICE ND 58530
Jody Hoff director 8601 HIGHWAY 10 EAST, RICHARDTON ND 58652
Mark Klempel officer: Chief Financial Officer 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Mick J Miller officer: President 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Roger N Berglund director 104 9TH AVENUE NW, BOWMAN ND 58623
Frank Kirschenheiter director 322 12TH AVENUE WEST, RICHARDTON ND 58652
Tim Meuchel director 510 MAIN AVENUE, HEBRON ND 58638
Bonnie G Eckelberg officer: Chief Financial Officer 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652

Red Trail Energy LLC (Red Trail Energy LLC) Headlines

From GuruFocus

What Would Benjamin Graham Buy Today?

By Rupert Hargreaves Rupert Hargreaves 01-30-2018