ASRE (Astra Energy) Operating Income : $-1.86 Mil (TTM As of May. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Astra Energy Operating Income?

Astra Energy's Operating Income for the three months ended in May. 2024 was $-0.63 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2024 was $-1.86 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Astra Energy's Operating Income for the three months ended in May. 2024 was $-0.63 Mil. Astra Energy's Revenue for the three months ended in May. 2024 was $0.00 Mil. Therefore, Astra Energy's Operating Margin % for the quarter that ended in May. 2024 was %.

Astra Energy'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. Astra Energy's annualized ROC % for the quarter that ended in May. 2024 was -26.12%. Astra Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 was 10.55%.

Astra Energy Operating Income Historical Data

The historical data trend for Astra Energy'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.

Astra Energy Operating Income Chart

Astra Energy Annual Data

Trend

Sep05

Aug06

Aug07

Aug08

Aug09

Aug21

Aug22

Aug23

Operating Income

Get a 7-Day Free Trial

-3.66

0.96

-1.05

-2.56

-3.35

Astra Energy Quarterly Data
	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Operating Income	Get a 7-Day Free Trial															-0.23	-0.54	-0.31	-0.39	-0.63

Astra Energy 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.86 Mil.

Astra Energy (OTCPK:ASRE) Operating Income Explanation

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

Astra Energy's annualized ROC % for the quarter that ended in May. 2024 is calculated as:

	ROC % (Q: May. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Feb. 2024 )	+	Invested Capital (Q: May. 2024 ))	/ count )
=	-2.504 * ( 1 - 0% )	/	( (9.61	+	9.563)	/ 2 )
=	-2.504	/	9.5865
=	-26.12 %

where

	Invested Capital		(Q: Feb. 2024 )
=	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	))
=	9.08	-	1.228	-	( 0.002	-	max(0, 1.76	-	0.002	+	0.002	))
=	9.61

	Invested Capital		(Q: May. 2024 )
=	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	))
=	9.171	-	1.444	-	( 0.027	-	max(0, 1.908	-	0.072	+	0.027	))
=	9.563

Note: The Operating Income data used here is four times the quarterly (May. 2024) data.

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

Astra Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: May. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Feb. 2024		Q: May. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.496	/	( ( (4.691 + max(-1.418, 0))	+	(4.712 + max(-1.634, 0)) )	/	2 )
=	0.496	/	( ( 4.691	+	4.712 )	/	2 )
=	0.496	/	4.7015
=	10.55 %

where Working Capital is:

	Working Capital		(Q: Feb. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(1.228	+	0	+	0.19)
=	-1.418

	Working Capital		(Q: May. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(1.444	+	0	+	0.19)
=	-1.634

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2024) EBIT data.

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

Astra Energy's Operating Margin % for the quarter that ended in May. 2024 is calculated as:

Operating Margin %	=	Operating Income (Q: May. 2024 )	/	Revenue (Q: May. 2024 )
	=	-0.626	/	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.

Astra Energy Operating Income Related Terms

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

Astra Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Astra Energy Inc (OTCPK:ASRE) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

9565 Waples Street, Suite 200, San Diego, CA, USA, 92121

Website

https://www.astraenergyinc.com

Astra Energy Inc is engaged in waste management industry and the electricity and power generation sectors with a focus on energy production from solar, waste conversion and clean burning fuels. The company invests in and develops renewable and clean energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs, while also cultivating a portfolio of intellectual property and licenses for renewable energy technology and generating projects to deploy that technology. Its projects include Zanzibar Clean and Renewable Energy Park, 350 Megawatt Combined Cycle Power Plant and others.

Executives

Lisa Thompson	officer: Corporate Secretary	27-9045 WALNUT GROVE DRIVE, LANGLEY Z4 V1M2E1
Rachel Boulds Cpa, Pllc	officer: CFO	6371 S. GLENOAKS STREET, MURRAY UT 84107
Christopher Harold Wall	director	6301 COLLINS AVENUE, #2403, MIAMI BEACH FL 33141
Javier H Idrovo	director	THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY X1 17033
Vcaf Gp, Llc	10 percent owner	C/O VISION CAPITAL ADVISORS, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Vision Capital Advantage Fund, L.p.	10 percent owner	C/O VISION CAPITAL ADVISORS, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Vision Opportunity Master Fund, Ltd.	10 percent owner	C/O OGIER FIDUCIARY SERVICES (CAY) LTD., 88 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9007
Vision Capital Advisors, Llc	10 percent owner	20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Adam Benowitz	10 percent owner	C/O VISION CAPITAL ADVISORS, LLC, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Ian Andrew Fraser	director	3056 WEST 2ND AVENUE, VANCOUVER A1 V6K 1K4
Tri Point Capital Advisors Llc	10 percent owner	15245 SHADY GROVE RD, STE 400, ROCKVILLE MD 20850
Robert Rooks	director	1912 PINE STREET, HUNTINGTON BEACH CA 92648
Michael Robert Boswell	director, officer: Acting Chief Financial Officer	400 PROFESSIONAL DRIVE, SUITE 310, GAITHERSBURG MD 20879
Darryl Horton	director	35368 EAGLE MOUNTAIN DRIVE, ABBOTSFORD A1 V3G2X7
Robert Saunders	10 percent owner, officer: Chief Executive Officer	5552 WEST ISLAND HWY, QUALICUM BEACH A1 V9K2C8