ADSV (Allied Security Innovations) Operating Income: $0.05 Mil (TTM As of Dec. 2017)


What is Allied Security Innovations Operating Income?

Allied Security Innovations ADSV Operating Income is $0.05 Mil as of Dec. 2017.

Allied Security Innovations's Operating Income for the six months ended in Dec. 2017 was $0.05 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2017 was $0.05 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Allied Security Innovations's Operating Income for the six months ended in Dec. 2017 was $0.05 Mil. Allied Security Innovations's Revenue for the six months ended in Dec. 2017 was $0.36 Mil. Therefore, Allied Security Innovations's Operating Margin % for the quarter that ended in Dec. 2017 was 13.65%.

Allied Security Innovations'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. Allied Security Innovations's annualized ROC % for the quarter that ended in Dec. 2017 was 0.24%. Allied Security Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was 73.83%.

Allied Security Innovations  (OTCPK:ADSV) Operating Income Explanation

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

Allied Security Innovations's annualized ROC % for the quarter that ended in Dec. 2017 is calculated as:

ROC % (Q: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Dec. 2017 ))/ count )
=0.049 * ( 1 - 0% )/( (20.698 + 20.525)/ 2 )
=0.049/20.6115
=0.24 %

where

Invested Capital(Q: Dec. 2016 )
=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))
=0.921 - 3.056 - ( 0.324 - max(0, 23.59 - 0.757+0.324))
=20.698

Invested Capital(Q: Dec. 2017 )
=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))
=0.965 - 3.307 - ( 0.393 - max(0, 23.668 - 0.801+0.393))
=20.525

Note: The Operating Income data used here is one times the annual (Dec. 2017) data.

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

Allied Security Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2016  Q: Dec. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.079/( ( (0.107 + max(-11.465, 0)) + (0.107 + max(-11.719, 0)) )/ 2 )
=0.079/( ( 0.107 + 0.107 )/ 2 )
=0.079/0.107
=73.83 %

where Working Capital is:

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.36 + 0.074 + -0.001) - (3.056 + 0.13 + 8.712)
=-11.465

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.338 + 0.07 + 0) - (3.307 + 0.137 + 8.683)
=-11.719

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2017) EBIT data.

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

Allied Security Innovations's Operating Margin % for the quarter that ended in Dec. 2017 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2017 )/Revenue (Q: Dec. 2017 )
=0.049/0.359
=13.65 %

* 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.

Allied Security Innovations Operating Income Related Terms

Allied Security Innovations Operating Income Historical Data

* Premium members only.

The historical data trend for Allied Security Innovations'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.

Allied Security Innovations Operating Income Chart

Allied Security Innovations Annual Data
Trend Dec00 Dec01 Dec02 Dec06 Dec07 Dec08 Dec09 Dec15 Dec16 Dec17
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.46 0.10 0.09 0.05

Allied Security Innovations Semi-Annual Data
Dec99 Dec00 Dec01 Dec02 Dec06 Dec07 Dec08 Dec09 Dec15 Dec16 Dec17
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.22 -0.46 0.10 0.09 0.05

Allied Security Innovations 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2017 was $0.05 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $0.05 Mil mean?
Allied Security Innovations (ADSV) has a Operating Income of $0.05 Mil as of Dec. 2017. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Allied Security Innovations and its competitors.
Is Allied Security Innovations' Operating Income too high?
Allied Security Innovations' current Operating Income is $0.05 Mil.
How does Allied Security Innovations' Operating Income compare to VMII and MGSGF?
Allied Security Innovations' Operating Income of $0.05 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Software company?
A good Operating Income depends on the Software industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Allied Security Innovations and its competitors. Allied Security Innovations's current Operating Income is $0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Security Innovations stock overvalued right now?
Allied Security Innovations (ADSV) has a current Operating Income of $0.05 Mil. The current Operating Income is $0.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Allied Security Innovations (ADSV), the current Operating Income is $0.05 Mil as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Allied Security Innovations Business Description

Address 224 Datura Street, West Palm Beach, FL, USA, 33401
Allied Security Innovations Inc is engaged in developing and implementing software systems for law enforcement agencies and correctional facilities. The product of the company is Compu-Capture.