GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Stellar AfricaGold Inc (OTCPK:STLXD) » Definitions » Operating Income

Stellar AfricaGold (Stellar AfricaGold) Operating Income : $-0.48 Mil (TTM As of Jan. 2024)


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

What is Stellar AfricaGold Operating Income?

Stellar AfricaGold's Operating Income for the three months ended in Jan. 2024 was $-0.10 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.48 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Stellar AfricaGold's Operating Income for the three months ended in Jan. 2024 was $-0.10 Mil. Stellar AfricaGold's Revenue for the three months ended in Jan. 2024 was $0.00 Mil. Therefore, Stellar AfricaGold's Operating Margin % for the quarter that ended in Jan. 2024 was %.

Stellar AfricaGold'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. Stellar AfricaGold's annualized ROC % for the quarter that ended in Jan. 2024 was %. Stellar AfricaGold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was %.


Stellar AfricaGold Operating Income Historical Data

The historical data trend for Stellar AfricaGold'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.

Stellar AfricaGold Operating Income Chart

Stellar AfricaGold Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.52 -1.04 -1.07 -1.26 -0.89

Stellar AfricaGold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.23 -0.16 -0.13 -0.09 -0.10

Stellar AfricaGold 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.48 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.


Stellar AfricaGold  (OTCPK:STLXD) Operating Income Explanation

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

Stellar AfricaGold's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-0.404 * ( 1 - 0% )/( (-2.7755575615629E-17 + 0)/ 2 )
=-0.404/-1.3877787807814E-17
= %

where

Invested Capital(Q: Oct. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.209 - 0.367 - ( 0.202 - max(0, 0.367 - 0.209+0.202))
=-2.7755575615629E-17

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

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

Stellar AfricaGold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.34/( ( (0 + max(-0.366, 0)) + (0 + max(-0.556, 0)) )/ 2 )
=-0.34/( ( 0 + 0 )/ 2 )
=-0.34/0
= %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.00099999999999997) - (0.367 + 0 + 0)
=-0.366

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (0.557 + 0 + 0)
=-0.556

When net working capital is negative, 0 is used.

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

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

Stellar AfricaGold's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.101/0
= %

* 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.


Stellar AfricaGold Operating Income Related Terms

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


Stellar AfricaGold (Stellar AfricaGold) Business Description

Traded in Other Exchanges
Address
4908 Pine Crescent, Vancouver, BC, CAN, V6M 3P6
Stellar AfricaGold Inc is a precious metal exploration company. Its principal exploration project is the gold discovery at the Tichka Est Gold Project in Morocco, a grouping of seven permits covering an area of 82 km2. Stellar also holds the Namarana Gold Project in Mali.

Stellar AfricaGold (Stellar AfricaGold) Headlines

No Headlines