American Sierra Gold (American Sierra Gold) Operating Income : $-0.01 Mil (TTM As of Jul. 2023)

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What is American Sierra Gold Operating Income?

American Sierra Gold's Operating Income for the six months ended in Jul. 2023 was $-0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jul. 2023 was $-0.01 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. American Sierra Gold's Operating Income for the six months ended in Jul. 2023 was $-0.01 Mil. American Sierra Gold's Revenue for the six months ended in Jul. 2023 was $0.00 Mil. Therefore, American Sierra Gold's Operating Margin % for the quarter that ended in Jul. 2023 was %.

American Sierra Gold'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. American Sierra Gold's annualized ROC % for the quarter that ended in Jul. 2023 was -0.21%. American Sierra Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2023 was -0.21%.

American Sierra Gold Operating Income Historical Data

The historical data trend for American Sierra Gold'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.

American Sierra Gold Operating Income Chart

American Sierra Gold Annual Data

Trend

Jul07

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul23

Operating Income

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-0.46

-0.20

-0.05

-0.19

-0.01

American Sierra Gold Semi-Annual Data
	Jul07	Jul08	Jul09	Jul10	Jul11	Jul12	Jul13	Jul23
Operating Income	Get a 7-Day Free Trial			-0.46	-0.20	-0.05	-0.19	-0.01

American Sierra Gold 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 Jul. 2023 was $-0.01 Mil.

American Sierra Gold (OTCPK:AMNP) Operating Income Explanation

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

American Sierra Gold's annualized ROC % for the quarter that ended in Jul. 2023 is calculated as:

	ROC % (Q: Jul. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2013 )	+	Invested Capital (Q: Jul. 2023 ))	/ count )
=	-0.011 * ( 1 - 0% )	/	( (0	+	5.297)	/ 1 )
=	-0.011	/	5.297
=	-0.21 %

where

	Invested Capital		(Q: Jul. 2013 )
=	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	-	0.057	-	( 0	-	max(0, 0.057	-	0	+	0	))
=	0

	Invested Capital		(Q: Jul. 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	))
=	5.297	-	0.06	-	( 0	-	max(0, 0.06	-	0	+	0	))
=	5.297

Note: The Operating Income data used here is one times the annual (Jul. 2023) data.

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

American Sierra Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jul. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2013		Q: Jul. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.011	/	( ( (0 + max(-0.057, 0))	+	(5.297 + max(-0.06, 0)) )	/	1 )
=	-0.011	/	( ( 0	+	5.297 )	/	1 )
=	-0.011	/	5.297
=	-0.21 %

where Working Capital is:

	Working Capital		(Q: Jul. 2013 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.057	+	0	+	0)
=	-0.057

	Working Capital		(Q: Jul. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.06	+	0	+	0)
=	-0.06

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jul. 2023) EBIT data.

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

American Sierra Gold's Operating Margin % for the quarter that ended in Jul. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Jul. 2023 )	/	Revenue (Q: Jul. 2023 )
	=	-0.011	/	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.

American Sierra Gold Operating Income Related Terms

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

American Sierra Gold (American Sierra Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Sierra Gold Corp (OTCPK:AMNP) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

9449 Priority Way West Drive, Suite 140, Indianapolis, IN, USA, 46240

Website

American Sierra Gold Corp is a precious metal mineral acquisition, exploration, and development company. It is focused on the exploration of gold and silver.

Executives

Larry Regis	director, 10 percent owner, officer: CEO	9555 SW ALLEN BLVD. #36, BEAVERTON OR 97005
Gary Goodin	director, 10 percent owner, officer: COO	3243 SMOKEY RIDGE CT, CARMEL IN 46033
Vittal Karra	director, 10 percent owner, officer: Treasurer	4480 HASTINGS DRIVE, CUMMING GA 30041
G.x.k. Ventures, Inc.	10 percent owner	302 255 WEST FIRST STREET, NORTH VANCOUVER A1 V7M 3G8
Mmc Mines, Inc.	10 percent owner	302 255 WEST FIRST STREET, NORTH VANCOUVER A1 V7M 3G8
James Vandeberg	director	10710 NE 10TH STREET #1307, BELLEVUE WA 98004
Wayne Gruden	director, officer: President; Treasurer	C/O AMERICAN SIERRA GOLD CORP., 200 S. VIRGINIA STREET, 8TH FLOOR, RENO NV 89501
George Daschko	other: Former 10% Owner, Dir. & Pres.	7456 BARRYMORE DRIVE, DELTA A1 00000
Dmitriy Ruzhytskiy	director, 10 percent owner	4(A) SIMONENKO STREET, APT 21, VYSHGOROD KYIVSKA RE 2H 07300
Alexander Hornostai	director, 10 percent owner, officer: SECRETARY AND TREASURER	108 9B KOSHYTSYA STREET, KIEV 2H 00000

American Sierra Gold (American Sierra Gold) Headlines

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