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Bens Creek Group (STU:6RX) Operating Income : €-17.05 Mil (TTM As of Sep. 2023)


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What is Bens Creek Group Operating Income?

Bens Creek Group's Operating Income for the six months ended in Sep. 2023 was €-11.18 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was €-17.05 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bens Creek Group's Operating Income for the six months ended in Sep. 2023 was €-11.18 Mil. Bens Creek Group's Revenue for the six months ended in Sep. 2023 was €22.05 Mil. Therefore, Bens Creek Group's Operating Margin % for the quarter that ended in Sep. 2023 was -50.71%.

Bens Creek Group'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. Bens Creek Group's annualized ROC % for the quarter that ended in Sep. 2023 was -26.35%. Bens Creek Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -32.57%.


Bens Creek Group Operating Income Historical Data

The historical data trend for Bens Creek Group'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.

Bens Creek Group Operating Income Chart

Bens Creek Group Annual Data
Trend Mar21 Mar22 Mar23
Operating Income
-1.18 -6.89 -15.24

Bens Creek Group Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Operating Income Get a 7-Day Free Trial -0.52 -6.34 -10.14 -5.87 -11.18

Bens Creek Group 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-17.05 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.


Bens Creek Group  (STU:6RX) Operating Income Explanation

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

Bens Creek Group's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-22.36 * ( 1 - 4.02% )/( (84.867 + 77.998)/ 2 )
=-21.461128/81.4325
=-26.35 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Bens Creek Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-21.08/( ( (64.279 + max(-3.801, 0)) + (65.169 + max(-9.893, 0)) )/ 2 )
=-21.08/( ( 64.279 + 65.169 )/ 2 )
=-21.08/64.724
=-32.57 %

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)
=(0.444 + 4.811 + 3.036) - (6.881 + 0 + 5.211)
=-3.801

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 4.102 + 0.16) - (6.188 + 0 + 7.967)
=-9.893

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Bens Creek Group's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-11.18/22.046
=-50.71 %

* 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.


Bens Creek Group Operating Income Related Terms

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Bens Creek Group (STU:6RX) Business Description

Traded in Other Exchanges
Address
15 Stratton Street, London, GBR, W1J 8LQ
Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.

Bens Creek Group (STU:6RX) Headlines

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