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Securetech Innovations (Securetech Innovations) Operating Margin % : -1,316.67% (As of Dec. 2023)


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What is Securetech Innovations Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Securetech Innovations's Operating Income for the three months ended in Dec. 2023 was $-0.08 Mil. Securetech Innovations's Revenue for the three months ended in Dec. 2023 was $0.01 Mil. Therefore, Securetech Innovations's Operating Margin % for the quarter that ended in Dec. 2023 was -1,316.67%.

The historical rank and industry rank for Securetech Innovations's Operating Margin % or its related term are showing as below:

SCTH' s Operating Margin % Range Over the Past 10 Years
Min: -1025.53   Med: -553.65   Max: -320
Current: -766.67


SCTH's Operating Margin % is ranked worse than
98.05% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 5.12 vs SCTH: -766.67

Securetech Innovations's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Securetech Innovations's Operating Income for the three months ended in Dec. 2023 was $-0.08 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.37 Mil.


Securetech Innovations Operating Margin % Historical Data

The historical data trend for Securetech Innovations's Operating Margin % 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.

Securetech Innovations Operating Margin % Chart

Securetech Innovations Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial - -320.00 -340.63 -1,025.53 -766.67

Securetech Innovations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 -938.10 -575.00 -588.89 -1,700.00 -1,316.67

Competitive Comparison of Securetech Innovations's Operating Margin %

For the Auto Parts subindustry, Securetech Innovations's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Securetech Innovations's Operating Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Securetech Innovations's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Securetech Innovations's Operating Margin % falls into.



Securetech Innovations Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Securetech Innovations's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-0.368 / 0.048
=-766.67 %

Securetech Innovations'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 )
=-0.079 / 0.006
=-1,316.67 %

* 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.


Securetech Innovations  (OTCPK:SCTH) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


Securetech Innovations Operating Margin % Related Terms

Thank you for viewing the detailed overview of Securetech Innovations's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Securetech Innovations (Securetech Innovations) Business Description

Traded in Other Exchanges
N/A
Address
2355 Highway 36 West, Suite 400, Roseville, MN, USA, 55113
Securetech Innovations Inc is engaged in developing and marketing personal and automobile security and safety devices and technologies. Its primary source of revenue is from the sale of its Top Kontrol product which is an anti-theft and anti-carjacking system.
Executives
African Resource Group, Inc. 10 percent owner 9353 OUTER BANKS AVE., LAS VEGAS NV 89149
Anthony Vang director, officer: Treasurer/Secretary 2355 HIGHWAY 36 WEST, SUITE 400, ROSEVILLE MN 55113
Lee Kao director, 10 percent owner, officer: President/CEO 2355 HIGHWAY 36 WEST, SUITE 400, ROSEVILLE MN 55113
Abdikarim Farah officer: Vice President 2355 HIGHWAY 36 WEST, STE. 400, ROSEVILLE MN 55113

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