Chase Packaging (Chase Packaging) Operating Income : $-0.10 Mil (TTM As of Mar. 2024)

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What is Chase Packaging Operating Income?

Chase Packaging's Operating Income for the three months ended in Mar. 2024 was $-0.04 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.10 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Chase Packaging's Operating Income for the three months ended in Mar. 2024 was $-0.04 Mil. Chase Packaging's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Chase Packaging's Operating Margin % for the quarter that ended in Mar. 2024 was %.

Chase Packaging'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. Chase Packaging's annualized ROC % for the quarter that ended in Mar. 2024 was %. Chase Packaging's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

Chase Packaging Operating Income Historical Data

The historical data trend for Chase Packaging'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.

Chase Packaging Operating Income Chart

Chase Packaging Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Operating Income

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-0.18

-0.19

-0.07

-0.06

-0.07

Chase Packaging Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Operating Income	Get a 7-Day Free Trial															-0.02	-0.02	-0.01	-0.02	-0.04

Chase Packaging 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 Mil.

Chase Packaging (OTCPK:WHLT) Operating Income Explanation

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

Chase Packaging's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.156 * ( 1 - 0% )	/	( (0	+	0)	/ 2 )
=	-0.156	/	0
=	%

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	0.388	-	0.005	-	( 0.388	-	max(0, 0.005	-	0.388	+	0.388	))
=	0

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	0.351	-	0.003	-	( 0.351	-	max(0, 0.003	-	0.351	+	0.351	))
=	0

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

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

Chase Packaging's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.156	/	( ( (0 + max(-0.005, 0))	+	(0 + max(-0.003, 0)) )	/	2 )
=	-0.156	/	( ( 0	+	0 )	/	2 )
=	-0.156	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.005	+	0	+	0)
=	-0.005

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.003	+	0	+	0)
=	-0.003

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Chase Packaging'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 )
	=	-0.039	/	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.

Chase Packaging Operating Income Related Terms

Thank you for viewing the detailed overview of Chase Packaging's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Chase Packaging (Chase Packaging) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Chase Packaging Corp (OTCPK:WHLT) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

PO Box 126, Rumson, NJ, USA, 07760

Website

https://www.chasepackagingcorp.com

Chase Packaging Corp is a shell company.

Executives

John A Forbes	director	107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Matthew W Long	director	2581 E KERCHER ROAD, GOSHEN IN 46528
Mark C Neilson	director	1361 BRIDGEWATER WAY, MISHAWAKA IN 46545
Wayne A Whitener	director	101 E. PARK BLVD. STE 955, PLANO TX 75074-0846
William J Barrett	director, 10 percent owner, officer: Secretary	210 SUNDIAL COURT, VERO BEACH FL 32963
Allen T Mcinnes	director, 10 percent owner, officer: President and CEO	4532 7TH STREET, LUBBOCK TX 79416
Herbert M Gardner	director, 10 percent owner, officer: Vice President	P O BOX 6199, FAIR HAVEN NJ 07704
Green Ann C W	officer: CFO and Assistant Secretary	636 RIVER ROAD, FAIR HAVEN NJ 07704
Edward L Flynn	director	211 SOMERVILLE ROAD RTE 202N, BEDMINISTER NJ 07921

Chase Packaging (Chase Packaging) Headlines

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