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InnSuites Hospitality Trust (InnSuites Hospitality Trust) Operating Income : $-0.70 Mil (TTM As of Jan. 2024)


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What is InnSuites Hospitality Trust Operating Income?

InnSuites Hospitality Trust's Operating Income for the three months ended in Jan. 2024 was $-0.59 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.70 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. InnSuites Hospitality Trust's Operating Income for the three months ended in Jan. 2024 was $-0.59 Mil. InnSuites Hospitality Trust's Revenue for the three months ended in Jan. 2024 was $1.73 Mil. Therefore, InnSuites Hospitality Trust's Operating Margin % for the quarter that ended in Jan. 2024 was -34.10%.

Good Sign:

InnSuites Hospitality Trust operating margin is expanding. Margin expansion is usually a good sign.

InnSuites Hospitality Trust's 5-Year average Growth Rate for Operating Margin % was 26.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. InnSuites Hospitality Trust's annualized ROC % for the quarter that ended in Jan. 2024 was -8.59%. InnSuites Hospitality Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -105.53%.


InnSuites Hospitality Trust Operating Income Historical Data

The historical data trend for InnSuites Hospitality Trust'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.

InnSuites Hospitality Trust Operating Income Chart

InnSuites Hospitality Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.03 -2.81 -0.30 -0.30 -0.72

InnSuites Hospitality Trust 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 -0.31 0.19 -0.15 -0.15 -0.59

InnSuites Hospitality Trust 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 $-0.70 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.


InnSuites Hospitality Trust  (AMEX:IHT) Operating Income Explanation

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

InnSuites Hospitality Trust'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 )
=-2.364 * ( 1 - 51.24% )/( (13.419 + 13.407)/ 2 )
=-1.1526864/13.413
=-8.59 %

where

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

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

InnSuites Hospitality Trust'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 )
=-2.244/( ( (2.13 + max(-0.198, 0)) + (2.123 + max(-0.789, 0)) )/ 2 )
=-2.244/( ( 2.13 + 2.123 )/ 2 )
=-2.244/2.1265
=-105.53 %

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)
=(0.052 + 0 + 0.431) - (0.68 + 0 + 0.00099999999999989)
=-0.198

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.112 + 0 + 0.149) - (1.048 + 0.002 + 0)
=-0.789

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 %:

InnSuites Hospitality Trust'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 )
=-0.591/1.733
=-34.10 %

* 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.


InnSuites Hospitality Trust Operating Income Related Terms

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InnSuites Hospitality Trust (InnSuites Hospitality Trust) Business Description

Traded in Other Exchanges
N/A
Address
1730 E. Northern Avenue, Suite 122, InnSuites Hotels Centre, Phoenix, AZ, USA, 85020
InnSuites Hospitality Trust is a real estate investment trust. It is engaged in the ownership and operation of hotel properties. It owns and operates hotels, provides management services for hotels, and also provides trademark license services. The Trust is also involved in various operations incidental to the operation of hotels, such as the operation of restaurants, meeting/banquet room rentals, and the operation of a reservation system. It has one reportable segment Hotel Operations & Hotel Management Services. Geographically operates through the region of the United States.
Executives
Jr Chase director 10202 NORTH 15TH AVENUE, APT #2, PHOENIX AZ 85021
James F Wirth director, 10 percent owner, officer: President, other: Chairman and CEO 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Pamela J Barnhill officer: President and COO C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Cynthia Ketcherside director C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE #105, PHEONIX AZ 85020
Adam B Remis officer: Chief Financial Officer C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Leslie T Kutasi director C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020
Robert R. Mazakis officer: Principal Accounting Officer C/O INNSUITES HOTELS CENTRE, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020-3960
Steven S Robson director 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Larry Pelegrin director 5143 E. SIERRA SUNSET TRAIL, CAVE CREEK AZ 85331
Peter A Thoma director 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Mason Anderson director 3024 WEST SAHUARO DRIVE, PHOENIX AZ 85029
Marc E Berg director, officer: Executive Vice President, other: Secretary and Treasurer 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020
Stephen A Mcconnell director 6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253
Gail J Wirth 10 percent owner 1615 E NORTHERN AVE, STE 105, PHOENIX AZ 85020
Anthony B Waters officer: Chief Financial Officer 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020

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