ASDZF (Arctic Star Exploration) Operating Income: $-0.43 Mil (TTM As of Sep. 2025)


What is Arctic Star Exploration Operating Income?

Arctic Star Exploration ASDZF Operating Income is $-0.43 Mil as of Sep. 2025. The stock has 1 warning sign investors should review.

Arctic Star Exploration's Operating Income for the three months ended in Sep. 2025 was $-0.09 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was $-0.43 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Arctic Star Exploration's Operating Income for the three months ended in Sep. 2025 was $-0.09 Mil. Arctic Star Exploration's Revenue for the three months ended in Sep. 2025 was $0.00 Mil. Therefore, Arctic Star Exploration's Operating Margin % for the quarter that ended in Sep. 2025 was %.

Arctic Star Exploration'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. Arctic Star Exploration's annualized ROC % for the quarter that ended in Sep. 2025 was -5.63%. Arctic Star Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -5.70%.

Arctic Star Exploration  (OTCPK:ASDZF) Operating Income Explanation

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

Arctic Star Exploration's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=-0.36 * ( 1 - 0% )/( (6.42 + 6.368)/ 2 )
=-0.36/6.394
=-5.63 %

where

Invested Capital(Q: Jun. 2025 )
=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))
=6.391 - 0.994 - ( 0.005 - max(0, 1.046 - 0.023+0.005))
=6.42

Invested Capital(Q: Sep. 2025 )
=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))
=6.32 - 1.055 - ( 0.018 - max(0, 1.131 - 0.028+0.018))
=6.368

Note: The Operating Income data used here is four times the quarterly (Sep. 2025) data.

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

Arctic Star Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.36/( ( (6.357 + max(-0.985, 0)) + (6.282 + max(-1.055, 0)) )/ 2 )
=-0.36/( ( 6.357 + 6.282 )/ 2 )
=-0.36/6.3195
=-5.70 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.008) - (0.994 + 0 + -0.00099999999999989)
=-0.985

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (1.055 + 0 + 0.0010000000000001)
=-1.055

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

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

Arctic Star Exploration's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=-0.09/0
= %

* 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.

Arctic Star Exploration Operating Income Related Terms

Arctic Star Exploration Operating Income Historical Data

* Premium members only.

The historical data trend for Arctic Star Exploration'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.

Arctic Star Exploration Operating Income Chart

Arctic Star Exploration Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.88 -1.80 -1.74 -0.89 -0.47

Arctic Star Exploration Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -0.10 -0.12 -0.10 -0.11 -0.09

Arctic Star Exploration 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.43 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 $-0.43 Mil mean?
Arctic Star Exploration (ASDZF) has a Operating Income of $-0.43 Mil as of Sep. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Arctic Star Exploration and its competitors.
Is Arctic Star Exploration's Operating Income too high?
Arctic Star Exploration's current Operating Income is $-0.43 Mil.
How does Arctic Star Exploration's Operating Income compare to MINR and AUMN?
Arctic Star Exploration's Operating Income of $-0.43 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Operating Income depends on the Metals & Mining 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 Arctic Star Exploration and its competitors. Arctic Star Exploration's current Operating Income is $-0.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctic Star Exploration stock overvalued right now?
Arctic Star Exploration (ASDZF) has a current Operating Income of $-0.43 Mil. The current Operating Income is $-0.43 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 Arctic Star Exploration (ASDZF), the current Operating Income is $-0.43 Mil as of Sep. 2025. 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.

Arctic Star Exploration Business Description

Address 1111 Melville Street, Suite 1100, 11th Floor, Vancouver, BC, CAN, V6E 3V6
Arctic Star Exploration Corp is a natural resource company engaged in the acquisition, exploration, and development of mineral properties. Some of the projects of the company are the Timantti diamond project, Diagras diamond project and others. It has one reportable operating segment which is mineral exploration It has a business presence in Canada and Finland.