CLMEF (Calima Energy) Operating Income: $-11.67 Mil (TTM As of Jun. 2024)

What is Calima Energy Operating Income?

Calima Energy CLMEF 12 Operating Income is $-11.67 Mil as of Jun. 2024. GuruFocus rates CLMEF with a GF Score™ of 12/100.

Calima Energy's Operating Income for the six months ended in Jun. 2024 was $-0.55 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was $-11.67 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Calima Energy's Operating Income for the six months ended in Jun. 2024 was $-0.55 Mil. Calima Energy's Revenue for the six months ended in Jun. 2024 was $0.00 Mil. Therefore, Calima Energy's Operating Margin % for the quarter that ended in Jun. 2024 was %.

Calima 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. Calima Energy's annualized ROC % for the quarter that ended in Jun. 2024 was -2.71%. Calima Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -4.14%.

Calima Energy (OTCPK:CLMEF) Operating Income Explanation

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

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

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-1.092 * ( 1 - 0% )	/	( (79.274	+	1.386)	/ 2 )
=	-1.092	/	40.33
=	-2.71 %

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	))
=	82.233	-	0.249	-	( 2.71	-	max(0, 26.269	-	81.665	+	2.71	))
=	79.274

	Invested Capital		(Q: Jun. 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	))
=	5.886	-	0.263	-	( 4.791	-	max(0, 1.46	-	5.697	+	4.791	))
=	1.386

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

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

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.092	/	( ( (0.154 + max(52.616, 0))	+	(0 + max(-0.554, 0)) )	/	2 )
=	-1.092	/	( ( 52.77	+	0 )	/	2 )
=	-1.092	/	26.385
=	-4.14 %

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	+	0	+	78.885)	-	(0.249	+	0	+	26.02)
=	52.616

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.036	+	0	+	0.87)	-	(0.263	+	0.942	+	0.255)
=	-0.554

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Operating Margin %	=	Operating Income (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	-0.546	/	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.

Calima Energy Operating Income Related Terms

Calima Energy Operating Income Historical Data

* Premium members only.

The historical data trend for Calima Energy's Operating Income can be seen below:

Calima Energy Operating Income Chart

Calima Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Operating Income

Get a 7-Day Free Trial

-1.99

-3.90

-25.36

30.80

-1.83

Calima Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Operating Income	Get a 7-Day Free Trial															32.16	-0.09	9.31	-11.12	-0.55

12GF Score

Calima Energy Ltd CLMEF

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Calima 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-11.67 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $-11.67 Mil mean?

Calima Energy (CLMEF) has a Operating Income of $-11.67 Mil as of Jun. 2024. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Calima Energy and its competitors.

Is Calima Energy's Operating Income too high?

Calima Energy's current Operating Income is $-11.67 Mil. Overall, Calima Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Calima Energy's Operating Income compare to OKMN and ROYL?

Calima Energy's Operating Income of $-11.67 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good Operating Income depends on the Oil & Gas 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 Calima Energy and its competitors. Calima Energy's current Operating Income is $-11.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Calima Energy stock overvalued right now?

Calima Energy (CLMEF) has a current Operating Income of $-11.67 Mil. The current Operating Income is $-11.67 Mil. Calima Energy's overall GF Score™ is 12/100. 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 Calima Energy (CLMEF), the current Operating Income is $-11.67 Mil as of Jun. 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.

Calima Energy Business Description

Industry Energy Oil & Gas

Comparable Companies OKMN ROYL NRIS GULTU FOMI ALTX CCWF CRCE FECOF PTCO COP HKSE:00883 EOG TSX:CNQ FANG OXY HES EQT MIC:NVTK TPL

Address Unit 103, 28 Station Street, Cottesloe, WA, AUS, 6011

Website https://www.calimaenergy.com

Calima Energy Ltd is an oil and gas company. The company and its subsidiaries invest in oil and gas exploration and production projects. The company mainly focuses on finding and developing new projects. Its projects include Brooks, and Thorsby. It also holds an undeveloped Montney acreage position in northeastern British Columbia, Canada.

12GF Score

Get the complete analysis for CLMEF

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

$0.01

Price

View CLMEF Analysis

See Operating Income data for all stocks →