GreenGro Technologies (GreenGro Technologies) Operating Income : $-0.13 Mil (TTM As of Mar. 2004)

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What is GreenGro Technologies Operating Income?

GreenGro Technologies's Operating Income for the three months ended in Mar. 2004 was $-0.02 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2004 was $-0.13 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. GreenGro Technologies's Operating Income for the three months ended in Mar. 2004 was $-0.02 Mil. GreenGro Technologies's Revenue for the three months ended in Mar. 2004 was $0.00 Mil. Therefore, GreenGro Technologies's Operating Margin % for the quarter that ended in Mar. 2004 was %.

GreenGro Technologies'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. GreenGro Technologies's annualized ROC % for the quarter that ended in Mar. 2004 was -176.47%. GreenGro Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2004 was %.

GreenGro Technologies Operating Income Historical Data

The historical data trend for GreenGro Technologies'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.

GreenGro Technologies Operating Income Chart

GreenGro Technologies Annual Data

Trend

Dec96

Dec97

Dec98

Jun99

Jun00

Jun01

Jun02

Operating Income

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-0.83

-0.05

-7.48

-17.37

-13.60

GreenGro Technologies Quarterly Data
	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04
Operating Income	Get a 7-Day Free Trial															-0.14	-0.09	-0.01	-0.01	-0.02

GreenGro Technologies 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 Mar. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.13 Mil.

GreenGro Technologies (OTCPK:GRNH) Operating Income Explanation

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

GreenGro Technologies's annualized ROC % for the quarter that ended in Mar. 2004 is calculated as:

	ROC % (Q: Mar. 2004 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2003 )	+	Invested Capital (Q: Mar. 2004 ))	/ count )
=	-0.06 * ( 1 - % )	/	( (0	+	0.034)	/ 1 )
=	-0.06	/	0.034
=	-176.47 %

where

	Invested Capital		(Q: Dec. 2003 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.002	-	0.318	-	( 0	-	max(0, 0.318	-	0.002	+	0	))
=	0

	Invested Capital		(Q: Mar. 2004 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.316	-	( 0	-	max(0, 0.35	-	0	+	0	))
=	0.034

Note: The Operating Income data used here is four times the quarterly (Mar. 2004) data.

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

GreenGro Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2004 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2004 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2003		Q: Mar. 2004
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.06	/	( ( (0 + max(-0.316, 0))	+	(0 + max(-0.35, 0)) )	/	1 )
=	-0.06	/	( ( 0	+	0 )	/	1 )
=	-0.06	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2003 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.002)	-	(0.318	+	0	+	0)
=	-0.316

	Working Capital		(Q: Mar. 2004 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.316	+	0	+	0.034)
=	-0.35

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2004) EBIT data.

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

GreenGro Technologies's Operating Margin % for the quarter that ended in Mar. 2004 is calculated as:

Operating Margin %	=	Operating Income (Q: Mar. 2004 )	/	Revenue (Q: Mar. 2004 )
	=	-0.015	/	0
	=	%

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.

GreenGro Technologies Operating Income Related Terms

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GreenGro Technologies (GreenGro Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » GreenGro Technologies Inc (OTCPK:GRNH) » Definitions » Operating Income

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Address

68374 Keiley Road, Cathedral City, CA, USA, 92234

Website

https://www.greengrotech.com

GreenGro Technologies Inc specializes in indoor and outdoor agricultural science systems for the consumer and commercial farming markets. It manufactures and sells eco-friendly vertical cultivation systems and facilities design. In addition, it also provides design, construction, and GreenGro Technologies, Inc. provides manufacturing and sales of green, eco-friendly, sustainable vertical cultivation systems, and facilities design. Its products and services are targeted at consumers and industrial farming operations. Its products and services are designed to provide all of these customers solutions to achieve maximum efficiency, whether that be a balcony garden or industrial cultivator.