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Seychelle Environmental Technologies (Seychelle Environmental Technologies) Operating Income : $-0.12 Mil (TTM As of Feb. 2020)


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What is Seychelle Environmental Technologies Operating Income?

Seychelle Environmental Technologies's Operating Income for the three months ended in Feb. 2020 was $-0.05 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2020 was $-0.12 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Seychelle Environmental Technologies's Operating Income for the three months ended in Feb. 2020 was $-0.05 Mil. Seychelle Environmental Technologies's Revenue for the three months ended in Feb. 2020 was $0.80 Mil. Therefore, Seychelle Environmental Technologies's Operating Margin % for the quarter that ended in Feb. 2020 was -6.13%.

Seychelle Environmental 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. Seychelle Environmental Technologies's annualized ROC % for the quarter that ended in Feb. 2020 was -12.01%. Seychelle Environmental Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2020 was -14.41%.


Seychelle Environmental Technologies Operating Income Historical Data

The historical data trend for Seychelle Environmental 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.

Seychelle Environmental Technologies Operating Income Chart

Seychelle Environmental Technologies Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 -1.79 0.64 -0.24 -0.12

Seychelle Environmental Technologies Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 -0.08 0.05 -0.13 0.01 -0.05

Seychelle Environmental 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 Feb. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 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.


Seychelle Environmental Technologies  (OTCPK:SYEV) Operating Income Explanation

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

Seychelle Environmental Technologies's annualized ROC % for the quarter that ended in Feb. 2020 is calculated as:

ROC % (Q: Feb. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2019 ) + Invested Capital (Q: Feb. 2020 ))/ count )
=-0.196 * ( 1 - 0% )/( (1.763 + 1.501)/ 2 )
=-0.196/1.632
=-12.01 %

where

Note: The Operating Income data used here is four times the quarterly (Feb. 2020) data.

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

Seychelle Environmental Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2019  Q: Feb. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.204/( ( (0.479 + max(1.086, 0)) + (0.416 + max(0.851, 0)) )/ 2 )
=-0.204/( ( 1.565 + 1.267 )/ 2 )
=-0.204/1.416
=-14.41 %

where Working Capital is:

Working Capital(Q: Nov. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.453 + 0.962 + 0.076) - (0.299 + 0.106 + 0)
=1.086

Working Capital(Q: Feb. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.267 + 1.021 + 0.064) - (0.358 + 0.144 + -0.001)
=0.851

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2020) EBIT data.

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

Seychelle Environmental Technologies's Operating Margin % for the quarter that ended in Feb. 2020 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2020 )/Revenue (Q: Feb. 2020 )
=-0.049/0.799
=-6.13 %

* 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.


Seychelle Environmental Technologies Operating Income Related Terms

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Seychelle Environmental Technologies (Seychelle Environmental Technologies) Business Description

Traded in Other Exchanges
N/A
Address
22 Journey, Aliso Viejo, CA, USA, 92656
Seychelle Environmental Technologies Inc is engaged in the development, assembly, and sale of proprietary portable water filtration systems. Its product offering includes Flip-Top and Pull Top bottles, Canteens, Water Pitchers, Pure Water Pump, Stainless Steel bottles, In-Line Filter, Pure Water Bag, Pump N' Pure, Pure Water Pouch and Pure Water Straws. The company sells its products throughout the United States, and internationally which includes Asia, the United Kingdom, Canada, and Other Countries. The United States contributes to the vast majority of total revenue. Seychelle markets its portable water filtration bottles to dealers, distributors, non-governmental organizations, and emergency relief organizations.
Executives
John D Beck director, 10 percent owner 32963 CALLE PERFECTO SAN JUAN CAPISTRANO CO 92575
Cari Beck director, 10 percent owner 32963 CALLE PERFECTO SAN JUAN CAPISTRANO CO 92575
Irrevocable Trust The Tam 10 percent owner 4012 S RAINBOW SUITE K111 LAS VEGAS NV 89103
James K Place director, officer: COO, CFO, Treasurer 33012 CALLE PERFECTO SAN JUAN CAPISTRANO CA 92675
Richard C Parsons director, officer: Executive Vice President/Secre 33012 CALLE PERFECTO SAN JUAN CAPISTRANO CA 92675

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