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American International Industries (American International Industries) Operating Income : $-1.84 Mil (TTM As of Sep. 2015)


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What is American International Industries Operating Income?

American International Industries's Operating Income for the three months ended in Sep. 2015 was $-0.25 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2015 was $-1.84 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. American International Industries's Operating Income for the three months ended in Sep. 2015 was $-0.25 Mil. American International Industries's Revenue for the three months ended in Sep. 2015 was $0.00 Mil. Therefore, American International Industries's Operating Margin % for the quarter that ended in Sep. 2015 was -12,300.00%.

American International Industries'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. American International Industries's annualized ROC % for the quarter that ended in Sep. 2015 was -21.77%. American International Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2015 was -29.21%.


American International Industries Operating Income Historical Data

The historical data trend for American International Industries'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.

American International Industries Operating Income Chart

American International Industries Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.29 -3.78 -2.22 -1.55 -1.84

American International Industries Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -0.53 -0.51 -0.85 -0.23 -0.25

American International Industries 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.84 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.


American International Industries  (OTCPK:AMIN) Operating Income Explanation

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

American International Industries's annualized ROC % for the quarter that ended in Sep. 2015 is calculated as:

ROC % (Q: Sep. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2015 ) + Invested Capital (Q: Sep. 2015 ))/ count )
=-0.984 * ( 1 - 0% )/( (4.523 + 4.515)/ 2 )
=-0.984/4.519
=-21.77 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2015) data.

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

American International Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2015  Q: Sep. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.076/( ( (0.205 + max(3.482, 0)) + (0.204 + max(3.476, 0)) )/ 2 )
=-1.076/( ( 3.687 + 3.68 )/ 2 )
=-1.076/3.6835
=-29.21 %

where Working Capital is:

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 5.398) - (1.916 + 0 + 2.2204460492503E-16)
=3.482

Working Capital(Q: Sep. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 5.387) - (1.911 + 0 + 0)
=3.476

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2015) EBIT data.

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

American International Industries's Operating Margin % for the quarter that ended in Sep. 2015 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2015 )/Revenue (Q: Sep. 2015 )
=-0.246/0.002
=-12,300.00 %

* 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.


American International Industries Operating Income Related Terms

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American International Industries (American International Industries) Business Description

Traded in Other Exchanges
N/A
Address
601 Cien Street, Suite 235, Kemah, TX, USA, 77565-3077
American International Industries Inc operates as a diversified holding company. The company has interests in industrial, oil and gas, oilfield supply and service companies, and interests in an undeveloped real estate in the Galveston Bay, Texas area. American International serves both as a financial and professional business savvy partner for its subsidiaries. The company has the following reporting segments - American International Holdings Corp, American International Texas Properties Inc, Brenham Oil, and Gas.
Executives
Daniel Dror officer: Chairman & CEO 601 HANSON RD, KEMAH TX 77565-2701
Sherry Lynne Couturier officer: CFO 601 CIEN STREET, STE. 235, KEMAH TX 77565
Craft Thomas J Jr director 11000 PROSPERITY FARMS ROAD, SUITE 101, PALM BEACH GARDENS FL 33401
Steven M Plumb director 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317
Stump John W Iii other: Former Director 601 CIEN RD, SUITE 235, KEMAH TX 77565-3077
Gary D Woerz other: Former CFO 601 CIEN RD, SUITE 235, KEMAH TX 77565