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Susglobal Energy (Susglobal Energy) Operating Income : $-7.40 Mil (TTM As of Dec. 2023)


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What is Susglobal Energy Operating Income?

Susglobal Energy's Operating Income for the three months ended in Dec. 2023 was $-5.13 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.40 Mil.

Warning Sign:

Susglobal Energy Corp 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. Susglobal Energy's Operating Income for the three months ended in Dec. 2023 was $-5.13 Mil. Susglobal Energy's Revenue for the three months ended in Dec. 2023 was $0.11 Mil. Therefore, Susglobal Energy's Operating Margin % for the quarter that ended in Dec. 2023 was -4,885.71%.

Warning Sign:

Susglobal Energy Corp operating margin has been in a 5-year decline. The average rate of decline per year is -44.9%.

Susglobal Energy's 5-Year average Growth Rate for Operating Margin % was -44.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Susglobal Energy's annualized ROC % for the quarter that ended in Dec. 2023 was -67.85%. Susglobal Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -107.98%.


Susglobal Energy Operating Income Historical Data

The historical data trend for Susglobal 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.

Susglobal Energy Operating Income Chart

Susglobal Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial -2.11 -1.09 -2.94 -5.90 -7.40

Susglobal Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.52 -0.82 -0.75 -0.70 -5.13

Susglobal 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.40 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.


Susglobal Energy  (OTCPK:SNRG) Operating Income Explanation

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

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

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-20.52 * ( 1 - 0% )/( (28.716 + 31.769)/ 2 )
=-20.52/30.2425
=-67.85 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-10.876/( ( (8.822 + max(-4.541, 0)) + (11.322 + max(-9.985, 0)) )/ 2 )
=-10.876/( ( 8.822 + 11.322 )/ 2 )
=-10.876/10.072
=-107.98 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.112 + 0.043 + 1.612) - (6.309 + 0 + -0.0010000000000012)
=-4.541

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.056 + 0 + 0.336) - (10.377 + 0 + 3.5527136788005E-15)
=-9.985

When net working capital is negative, 0 is used.

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

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

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

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-5.13/0.105
=-4,885.71 %

* 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.


Susglobal Energy Operating Income Related Terms

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Susglobal Energy (Susglobal Energy) Business Description

Traded in Other Exchanges
N/A
Address
200 Davenport Road, Toronto, ON, CAN, M5R 1J2
Susglobal Energy Corp is focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste-to-energy and regenerative products application. It operates in the renewable energy segment. The company provides a full range of services for handling organic residuals, which can be converted into electricity and fuels. Its products include SusGro BioFertilizer and Earth's Journey. The Company's management reporting structure provides for one segment: renewable energy and operates in one country, Canada.
Executives
Leslie Bruce Rintoul director 2209 ROCHESTER CIRCLE, OAKVILLE Z4 L6M 5E3
Ike Makrimichalos officer: Chief Financial Officer 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Susan Harte director 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Marc Hazout director, 10 percent owner, officer: Executive Chairman and Preside 5160 YONGE STREET, SUITE 803, TORONTO A6 M2N 6L9
Gordon E Miller director 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Gerald P Hamaliuk director, 10 percent owner, officer: Chief Executive Officer 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Ryan Christopher Duffy director 88 BROOKE AVE., TORONTO A6 M5M2J9
Vincent Ramoutar director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2
Laurence Zeifman director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2
Andrea N Calla director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2

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