Safe & Green Holdings (Safe & Green Holdings) Operating Income : $-15.67 Mil (TTM As of Sep. 2023)

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What is Safe & Green Holdings Operating Income?

Safe & Green Holdings's Operating Income for the three months ended in Sep. 2023 was $-2.98 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-15.67 Mil.

Warning Sign:

SG Blocks Inc had lost money in 83% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Safe & Green Holdings's Operating Income for the three months ended in Sep. 2023 was $-2.98 Mil. Safe & Green Holdings's Revenue for the three months ended in Sep. 2023 was $3.97 Mil. Therefore, Safe & Green Holdings's Operating Margin % for the quarter that ended in Sep. 2023 was -75.03%.

Good Sign:

SG Blocks Inc operating margin is expanding. Margin expansion is usually a good sign.

Safe & Green Holdings's 5-Year average Growth Rate for Operating Margin % was 22.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Safe & Green Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was -43.80%. Safe & Green Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -116.58%.

Safe & Green Holdings Operating Income Historical Data

The historical data trend for Safe & Green Holdings'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.

Safe & Green Holdings Operating Income Chart

Safe & Green Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Operating Income

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-4.85

-3.77

-4.58

-5.98

-7.23

Safe & Green Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Operating Income	Get a 7-Day Free Trial															-2.50	-3.82	-3.26	-5.61	-2.98

Safe & Green Holdings 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.67 Mil.

Safe & Green Holdings (NAS:SGBX) Operating Income Explanation

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

Safe & Green Holdings's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-11.9 * ( 1 - 0% )	/	( (26.619	+	27.722)	/ 2 )
=	-11.9	/	27.1705
=	-43.80 %

where

	Invested Capital		(Q: Jun. 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	))
=	27.864	-	7.026	-	( 1.601	-	max(0, 15.108	-	9.327	+	1.601	))
=	26.619

	Invested Capital		(Q: Sep. 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	))
=	25.334	-	6.193	-	( 0.713	-	max(0, 15.683	-	7.102	+	0.713	))
=	27.722

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Safe & Green Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-11.476	/	( ( (9.979 + max(-0.223, 0))	+	(9.709 + max(-1.155, 0)) )	/	2 )
=	-11.476	/	( ( 9.979	+	9.709 )	/	2 )
=	-11.476	/	9.844
=	-116.58 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.786	+	0.823	+	5.384)	-	(7.026	+	0.169	+	0.021000000000001)
=	-0.223

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.741	+	0.402	+	5.227)	-	(6.193	+	1.311	+	0.021000000000001)
=	-1.155

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Safe & Green Holdings's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	-2.975	/	3.965
	=	-75.03 %

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.

Safe & Green Holdings Operating Income Related Terms

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

Safe & Green Holdings (Safe & Green Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Safe & Green Holdings Corp (NAS:SGBX) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

90S1:Germany

Address

990 Biscayne Boulevard, No. 501, Office 12, Miami, FL, USA, 33132

Website

https://www.safeandgreenholdings.com

Safe & Green Holdings Corp is a modular solutions company. The company currently provides modules made out of both code-engineered cargo shipping containers and wood for use as both permanent or temporary structures for residential housing use and commercial use, including for health care facilities. It operates in four segments: construction; medical; real estate development; and environmental. The company generates the majority of its revenue from the Construction segment which designs and constructs modular structures built in their factories using raw materials that are Made-in-America.

Executives

Thomas Meharey	director	990 BISCAYNE BLVD., SUITE 501, MIAMI FL 33132
Jill Ellen Anderson	director	990 BISCAYNE BLVD., SUITE 501, MIAMI FL 33132
Vanessa Villaverde	director	990 BISCAYNE BLVD., SUITE 501, MIAMI FL 33132
Patricia Kaelin	officer: Chief Financial Officer	990 BISCAYNE, #501, OFFICE 12, MIAMI FL 33132
Elizabeth Cormier-may	director	5011 GATE PARKWAY, BUILDING 100, JACKSONVILLE FL 32256
Shafron E. Hawkins	director	5011 GATE PARKWAY, BUILDING 100, JACKSONVILLE FL 32256
John William Shaw	10 percent owner	1005 E. LAS TUNAS DR., #116, SAN GABRIEL CA 91776
Gerald Anthony Sheeran	officer: Acting Chief Financial Officer	C/O SG BLOCKS, INC., 195 MONTAGUE STREET, 14TH FLOOR, BROOKLYN NY 11201
Margaret Coleman	director	195 MONATGUE STREET, 14TH FLOOR, 14TH FLOOR, BROOKLYN NY 11201
Yaniv Blumenfeld	director	C/O SG BLOCKS, INC., 195 MONTAGUE STREET, 14TH FLOOR, BROOKLYN NY 11201
David Roberto Villarreal	director	17 STATE STREET, 19TH FLOOR, NEW YORK NY 10004
Joseph Safina	director	1320 SEMINOLE DRIVE, FORT LAUDERDALE FL 33304
William Jeffrey Rogers	officer: Chief Operating Officer	17 STATE STREET, 19TH FLOOR, NEW YORK NY 10004
Mahesh S Shetty	director, officer: CFO	429 MEMORY LANE, MARSHALL TX 75672
Swets Larry G Jr	10 percent owner	105 S. MAPLE ST., ITASCA IL 60143