Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Operating Income : $-0.00 Mil (TTM As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Brite-Strike Tactical Illumination Products Operating Income?

Brite-Strike Tactical Illumination Products's Operating Income for the three months ended in Sep. 2023 was $-0.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.00 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Brite-Strike Tactical Illumination Products's Operating Income for the three months ended in Sep. 2023 was $-0.00 Mil. Brite-Strike Tactical Illumination Products's Revenue for the three months ended in Sep. 2023 was $0.03 Mil. Therefore, Brite-Strike Tactical Illumination Products's Operating Margin % for the quarter that ended in Sep. 2023 was -3.70%.

Brite-Strike Tactical Illumination Products'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. Brite-Strike Tactical Illumination Products's annualized ROC % for the quarter that ended in Sep. 2023 was -1.62%. Brite-Strike Tactical Illumination Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2.19%.

Brite-Strike Tactical Illumination Products Operating Income Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products Operating Income Chart

Brite-Strike Tactical Illumination Products Annual Data

Trend

Dec96

Dec12

Dec13

Dec14

Dec15

Operating Income

-2.70

-0.10

0.37

0.04

0.13

Brite-Strike Tactical Illumination Products Quarterly Data
	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Dec15	Sep23
Operating Income	Get a 7-Day Free Trial															0.16	-0.06	-0.04	0.07	-

Brite-Strike Tactical Illumination Products 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 Mil.

Brite-Strike Tactical Illumination Products (OTCPK:BSTK) Operating Income Explanation

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

Brite-Strike Tactical Illumination Products's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2015 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.004 * ( 1 - 0% )	/	( (0.262	+	0.232)	/ 2 )
=	-0.004	/	0.247
=	-1.62 %

where

	Invested Capital		(Q: Dec. 2015 )
=	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	))
=	0.373	-	0	-	( 0.111	-	max(0, 0.034	-	0.312	+	0.111	))
=	0.262

	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	))
=	0.12	-	0	-	( 0.014	-	max(0, 0.177	-	0.065	+	0.014	))
=	0.232

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Brite-Strike Tactical Illumination Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2015		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.004	/	( ( (0.059 + max(0.201, 0))	+	(0.055 + max(0.051, 0)) )	/	2 )
=	-0.004	/	( ( 0.26	+	0.106 )	/	2 )
=	-0.004	/	0.183
=	-2.19 %

where Working Capital is:

	Working Capital		(Q: Dec. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.026	+	0.174	+	0.001)	-	(0	+	0	+	0)
=	0.201

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.023	+	0.028	+	0)	-	(0	+	0	+	0)
=	0.051

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Brite-Strike Tactical Illumination Products's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	-0.001	/	0.027
	=	-3.70 %

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.

Brite-Strike Tactical Illumination Products Operating Income Related Terms

Thank you for viewing the detailed overview of Brite-Strike Tactical Illumination Products's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Brite-Strike Tactical Illumination Products Inc (OTCPK:BSTK) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

1145 Franklin Street, Duxbury, MA, USA, 02332

Website

https://www.brite-strike.com

Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Headlines

From GuruFocus

Brite-Strike develops Covid-19 medical device

By PRNewswire PRNewswire • 06-23-2020