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Sacks Parente Golf (Sacks Parente Golf) Operating Margin % : -358.57% (As of Mar. 2024)


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What is Sacks Parente Golf Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Sacks Parente Golf's Operating Income for the three months ended in Mar. 2024 was $-1.26 Mil. Sacks Parente Golf's Revenue for the three months ended in Mar. 2024 was $0.35 Mil. Therefore, Sacks Parente Golf's Operating Margin % for the quarter that ended in Mar. 2024 was -358.57%.

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

SPGC' s Operating Margin % Range Over the Past 10 Years
Min: -1508.95   Med: -793.7   Max: -147
Current: -819.54


SPGC's Operating Margin % is ranked worse than
98.9% of 820 companies
in the Travel & Leisure industry
Industry Median: 8.285 vs SPGC: -819.54

Sacks Parente Golf's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Sacks Parente Golf's Operating Income for the three months ended in Mar. 2024 was $-1.26 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.99 Mil.

Warning Sign:

Sacks Parente Golf Inc has never been profitable in the past 3 years. It lost money every year.


Sacks Parente Golf Operating Margin % Historical Data

The historical data trend for Sacks Parente Golf'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.

Sacks Parente Golf Operating Margin % Chart

Sacks Parente Golf Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Operating Margin %
-259.89 -147.00 -1,508.95 -1,327.51

Sacks Parente Golf Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -996.67 -1,382.98 -1,232.63 -1,636.75 -358.57

Competitive Comparison of Sacks Parente Golf's Operating Margin %

For the Leisure subindustry, Sacks Parente Golf'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.


Sacks Parente Golf's Operating Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sacks Parente Golf's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Sacks Parente Golf's Operating Margin % falls into.



Sacks Parente Golf 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.

Sacks Parente Golf'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 )
=-4.633 / 0.349
=-1,327.51 %

Sacks Parente Golf'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 )
=-1.255 / 0.35
=-358.57 %

* 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.


Sacks Parente Golf  (NAS:SPGC) 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.


Sacks Parente Golf Operating Margin % Related Terms

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


Sacks Parente Golf (Sacks Parente Golf) Business Description

Traded in Other Exchanges
N/A
Address
551 Calle San Pablo, Camarillo, CA, USA, 93012
Sacks Parente Golf Inc is a technology-forward golf company, with a growing portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. It designs, manufactures, and sells technology-forward, golf equipment, which is comprised of putting instruments, golf shafts, golf grips, and related product groups. It designs its golf products to fit golfers of all skill levels, amateur and professional.
Executives
Brett Widney Hoge director 121 GRASSLANDS CT, ADVANCE NC 27006
Steve Handy officer: Chief Financial Officer 8228 SUNSET BLVD., LOS ANGELES CA 90046
Timothy Triplett director, officer: Chief Executive Officer
Michael Robert Ferris officer: See remarks 2 CAPTAIN ROAD, WILBRAHAM MA 01095
Akinobu Yorihiro director, officer: Chief Technology Officer 155 GILES ROAD, LAKE SHERWOOD CA 91361
Gregor Alasdair Campbell director 5460 LIVERPOOL CT, OAK PARK CA 91377
Dorothy Lynn Pepper director P.O.BOX 623 ! WEBSTER ST, SARATOGA SPRINGS NY 12866
Angelo Gregory Papadourakis officer: EVP Sales & Distribution 8468 CHICORY COURT, DARIEN IL 60561
Nippon Xport Ventures, Inc. 10 percent owner 155 GILES ROAD,, LAKE SHERWOOD CA 91361