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Crossroads Impact (Crossroads Impact) Operating Income : $-16.91 Mil (TTM As of Jul. 2022)


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What is Crossroads Impact Operating Income?

Crossroads Impact's Operating Income for the three months ended in Jul. 2022 was $0.11 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jul. 2022 was $-16.91 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Crossroads Impact's Operating Income for the three months ended in Jul. 2022 was $0.11 Mil. Crossroads Impact's Revenue for the three months ended in Jul. 2022 was $13.60 Mil. Therefore, Crossroads Impact's Operating Margin % for the quarter that ended in Jul. 2022 was 0.80%.

Crossroads Impact'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. Crossroads Impact's annualized ROC % for the quarter that ended in Jul. 2022 was 14.69%. Crossroads Impact's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2022 was %.


Crossroads Impact Operating Income Historical Data

The historical data trend for Crossroads Impact'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.

Crossroads Impact Operating Income Chart

Crossroads Impact Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct18 Oct19 Oct20 Oct21
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.42 3.81 5.47 5.76 243.09

Crossroads Impact Quarterly Data
Jul16 Oct16 Jan17 Apr17 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 165.68 -74.05 51.84 5.20 0.11

Crossroads Impact 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 Jul. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.91 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.


Crossroads Impact  (OTCPK:CRDSQ) Operating Income Explanation

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

Crossroads Impact's annualized ROC % for the quarter that ended in Jul. 2022 is calculated as:

ROC % (Q: Jul. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2022 ) + Invested Capital (Q: Jul. 2022 ))/ count )
=0.436 * ( 1 - -55750% )/( (1763.549 + 1551.301)/ 2 )
=243.506/1657.425
=14.69 %

where

Invested Capital(Q: Apr. 2022 )
=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))
=1906.895 - 234.151 - ( 111.212 - max(0, 298.578 - 207.773+111.212))
=1763.549

Invested Capital(Q: Jul. 2022 )
=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))
=1707.055 - 229.069 - ( 86.963 - max(0, 262.399 - 189.084+86.963))
=1551.301

Note: The Operating Income data used here is four times the quarterly (Jul. 2022) data.

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

Crossroads Impact's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2022  Q: Jul. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.436/( ( (0 + max(-162.93, 0)) + (0 + max(-155.722, 0)) )/ 2 )
=0.436/( ( 0 + 0 )/ 2 )
=0.436/0
= %

where Working Capital is:

Working Capital(Q: Apr. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 10.334 + 63.662) - (234.151 + 1.271 + 1.504)
=-162.93

Working Capital(Q: Jul. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 11.224 + 66.618) - (229.069 + 1.853 + 2.642)
=-155.722

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2022) EBIT data.

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

Crossroads Impact's Operating Margin % for the quarter that ended in Jul. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Jul. 2022 )/Revenue (Q: Jul. 2022 )
=0.109/13.596
=0.80 %

* 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.


Crossroads Impact Operating Income Related Terms

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


Crossroads Impact (Crossroads Impact) Business Description

Traded in Other Exchanges
N/A
Address
4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75205
Crossroads Impact Corp is a holding company. The company is focused on investing in businesses that promote economic vitality and community development.
Executives
Claire Gogel director C/O SUNEDISON, INC., 13736 RIVERPORT DRIVE, SUITE 180, MARYLAND HEIGHTS MO 63043
210/crds Investment Llc 10 percent owner, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
C Clark Webb director, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Robert H Alpert director, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Lone Star Value Co-invest I, Lp other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Management Llc other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Investors Gp Llc other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Investors Lp other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Jeffrey E. Eberwein other: See Footnote 1 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Coleman Richard Kenneth Jr. director, officer: Executive Director 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Jennifer Crane officer: Chief Financial Officer 11000 N. MOPAC EXPRESSWAY, AUSTIN TX 78759
Mark C Hood officer: Executive Vice President C/O CROSSROADS SYSTEMS, INC., 11000 N. MOPAC EXPRESSWAY #150, AUSTIN TX 78759
Robert G. Pearse director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Don Pearce director 11000 N. MOPAC, AUSTIN TX 78759