BOREF (Borealis Exploration) Operating Income: $-0.01 Mil (TTM As of Sep. 2024)

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BOREF Borealis Exploration Ltd BOREF
29 GF Score
Price $2.00
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What is Borealis Exploration Operating Income?

Borealis Exploration BOREF 29 Operating Income is $-0.01 Mil as of Sep. 2024. GuruFocus rates BOREF with a GF Score™ of 29/100.

Borealis Exploration's Operating Income for the six months ended in Sep. 2024 was $-0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.01 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Borealis Exploration's Operating Income for the six months ended in Sep. 2024 was $-0.01 Mil. Borealis Exploration's Revenue for the six months ended in Sep. 2024 was $0.00 Mil. Therefore, Borealis Exploration's Operating Margin % for the quarter that ended in Sep. 2024 was %.

Borealis 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. Borealis Exploration's annualized ROC % for the quarter that ended in Sep. 2024 was -0.02%. Borealis Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.

Borealis Exploration  (OTCPK:BOREF) Operating Income Explanation

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

Borealis Exploration's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.01 * ( 1 - 0% )/( (41.381 + 40.116)/ 2 )
=-0.01/40.7485
=-0.02 %

where

Invested Capital(Q: Sep. 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))
=45.476 - 36.322 - ( 0.004 - max(0, 36.33 - 4.103+0.004))
=41.381

Invested Capital(Q: Sep. 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))
=44.206 - 36.326 - ( 0 - max(0, 36.335 - 4.099+0))
=40.116

Note: The Operating Income data used here is one times the annual (Sep. 2024) data.

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

Borealis Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.01/( ( (0 + max(-36.33, 0)) + (0 + max(-36.335, 0)) )/ 2 )
=-0.01/( ( 0 + 0 )/ 2 )
=-0.01/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (36.322 + 0 + 0.0079999999999956)
=-36.33

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (36.326 + 0 + 0.0090000000000003)
=-36.335

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Sep. 2024) EBIT data.

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

Borealis Exploration's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-0.01/0
= %

* 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.

Borealis Exploration Operating Income Related Terms

Borealis Exploration Operating Income Historical Data

* Premium members only.

The historical data trend for Borealis 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.

Borealis Exploration Operating Income Chart

Borealis Exploration Annual Data
Trend Mar15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.01 -0.01 -0.01 -0.01

Borealis Exploration Semi-Annual Data
Mar13 Mar14 Mar15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.01 -0.01 -0.01 -0.01
BOREF
29GF Score
Borealis Exploration Ltd BOREF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Borealis 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.01 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 $-0.01 Mil mean?
Borealis Exploration (BOREF) has a Operating Income of $-0.01 Mil as of Sep. 2024. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Borealis Exploration and its competitors.
Is Borealis Exploration's Operating Income too high?
Borealis Exploration's current Operating Income is $-0.01 Mil. Overall, Borealis Exploration has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Borealis Exploration's Operating Income compare to EDGM and NIMU?
Borealis Exploration's Operating Income of $-0.01 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Operating Income depends on the Diversified Financial Services 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 Borealis Exploration and its competitors. Borealis Exploration's current Operating Income is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borealis Exploration stock overvalued right now?
Borealis Exploration (BOREF) has a current Operating Income of $-0.01 Mil. The current Operating Income is $-0.01 Mil. Borealis Exploration's overall GF Score™ is 29/100. 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 Borealis Exploration (BOREF), the current Operating Income is $-0.01 Mil as of Sep. 2024. 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.

Borealis Exploration Business Description

Address 43/1 Main Street, Suite 1, Gibraltar, GIB, GX11 1AA
Borealis Exploration Ltd's principal activity is to hold a loan due from Borealis Holdings Limited (BHL) and accrue interest on the outstanding balance of this loan.
29GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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