Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Operating Income : BHD0.39 Mil (TTM As of Mar. 2024)

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

What is Bahrain Car Parks Co (Amakin) BSC Operating Income?

Bahrain Car Parks Co (Amakin) BSC's Operating Income for the three months ended in Mar. 2024 was BHD0.14 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was BHD0.39 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bahrain Car Parks Co (Amakin) BSC's Operating Income for the three months ended in Mar. 2024 was BHD0.14 Mil. Bahrain Car Parks Co (Amakin) BSC's Revenue for the three months ended in Mar. 2024 was BHD0.74 Mil. Therefore, Bahrain Car Parks Co (Amakin) BSC's Operating Margin % for the quarter that ended in Mar. 2024 was 18.78%.

Warning Sign:

Bahrain Car Parks Co (Amakin) BSC operating margin has been in a 5-year decline. The average rate of decline per year is -16.9%.

Bahrain Car Parks Co (Amakin) BSC's 5-Year average Growth Rate for Operating Margin % was -16.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bahrain Car Parks Co (Amakin) BSC's annualized ROC % for the quarter that ended in Mar. 2024 was 4.44%. Bahrain Car Parks Co (Amakin) BSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.71%.

Bahrain Car Parks Co (Amakin) BSC Operating Income Historical Data

The historical data trend for Bahrain Car Parks Co (Amakin) BSC'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.

Bahrain Car Parks Co (Amakin) BSC Operating Income Chart

Bahrain Car Parks Co (Amakin) BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Operating Income

Get a 7-Day Free Trial

0.51

0.35

0.50

0.24

0.38

Bahrain Car Parks Co (Amakin) BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Operating Income	Get a 7-Day Free Trial															0.14	0.12	0.09	0.04	0.14

Bahrain Car Parks Co (Amakin) BSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BHD0.39 Mil.

Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Operating Income Explanation

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

Bahrain Car Parks Co (Amakin) BSC's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	0.552 * ( 1 - 0% )	/	( (12.89	+	11.949)	/ 2 )
=	0.552	/	12.4195
=	4.44 %

where

	Invested Capital		(Q: Dec. 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	))
=	21.607	-	0.152	-	( 8.565	-	max(0, 0.673	-	9.755	+	8.565	))
=	12.89

	Invested Capital		(Q: Mar. 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	))
=	21.755	-	1.271	-	( 8.809	-	max(0, 1.494	-	10.029	+	8.809	))
=	11.949

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

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

Bahrain Car Parks Co (Amakin) BSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.552	/	( ( (9.602 + max(0.071000000000001, 0))	+	(9.671 + max(-0.656, 0)) )	/	2 )
=	0.552	/	( ( 9.673	+	9.671 )	/	2 )
=	0.552	/	9.672
=	5.71 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.361	+	0.041	+	0.261)	-	(0.152	+	0	+	0.44)
=	0.071000000000001

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.328	+	0.041	+	0.33)	-	(1.271	+	0	+	0.084)
=	-0.656

When net working capital is negative, 0 is used.

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

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

Bahrain Car Parks Co (Amakin) BSC's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %	=	Operating Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.138	/	0.735
	=	18.78 %

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.

Bahrain Car Parks Co (Amakin) BSC Operating Income Related Terms

Thank you for viewing the detailed overview of Bahrain Car Parks Co (Amakin) BSC's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No.128 Government Avenue, Road No. 383, 2nd Floor Office No. 2009, P.O. Box 5298, Block No.316, Car Parks & Commercial Centre, Manama, BHR

Website

https://www.carparks.bh

Bahrain Car Parks Co (Amakin) BSC is engaged in the sale of other machinery equipment and parts, other marketing promotion activities, operation of car parks, and other activities. Its business segments include Car Park Services, which provides car parks for the public in return for parking charges; Property Rental Income, which is involved in the management, maintenance, and renting of properties; and Investment and Related Services, which include trading in the financial market and investing excess funds in the primary and secondary market; Sales of equipment, which involved in trading in car parks management equipment to the client. Its Property Rental Income segment generates maximum revenue for the company. Geographically the company provides its services only to the Bahrain market.

Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Headlines

No Headlines