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EQK Realty Investors (EQK Realty Investors) Operating Income : $-2.98 Mil (TTM As of Dec. 2099)


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What is EQK Realty Investors Operating Income?

EQK Realty Investors's Operating Income for the six months ended in Dec. 2099 was $-2.98 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2099 was $-2.98 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. EQK Realty Investors's Operating Income for the six months ended in Dec. 2099 was $-2.98 Mil. EQK Realty Investors's Revenue for the six months ended in Dec. 2099 was $-1.41 Mil. Therefore, EQK Realty Investors's Operating Margin % for the quarter that ended in Dec. 2099 was 210.68%.

EQK Realty Investors'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. EQK Realty Investors's annualized ROC % for the quarter that ended in Dec. 2099 was -10.50%. EQK Realty Investors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2099 was %.


EQK Realty Investors Operating Income Historical Data

The historical data trend for EQK Realty Investors'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.

EQK Realty Investors Operating Income Chart

EQK Realty Investors Annual Data
Trend Dec89 Dec90 Dec91 Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec99
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.40 -6.30 -1.50 -1.90 -2.98

EQK Realty Investors Semi-Annual Data
Dec87 Dec88 Dec89 Dec90 Dec91 Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec99
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.40 -6.30 -1.50 -1.90 -2.98

EQK Realty Investors 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 Dec. 2099 was $-2.98 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.


EQK Realty Investors  (OTCPK:EQKR) Operating Income Explanation

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

EQK Realty Investors's annualized ROC % for the quarter that ended in Dec. 2099 is calculated as:

ROC % (Q: Dec. 2099 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2097 ) + Invested Capital (Q: Dec. 2099 ))/ count )
=-2.979 * ( 1 - % )/( (11.2 + 45.527)/ 2 )
=-2.979/28.3635
=-10.50 %

where

Note: The Operating Income data used here is one times the annual (Dec. 2099) data.

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

EQK Realty Investors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2099 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2099 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2097  Q: Dec. 2099
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.979/( ( (0 + max(0, 0)) + (0 + max(-3.641, 0)) )/ 2 )
=-2.979/( ( 0 + 0 )/ 2 )
=-2.979/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2097 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Dec. 2099 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (3.641 + 0 + 0)
=-3.641

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2099) EBIT data.

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

EQK Realty Investors's Operating Margin % for the quarter that ended in Dec. 2099 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2099 )/Revenue (Q: Dec. 2099 )
=-2.979/-1.414
=210.68 %

* 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.


EQK Realty Investors Operating Income Related Terms

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EQK Realty Investors (EQK Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
2810 Spring Road, Suite 106, Atlanta, GA, USA, 30339

EQK Realty Investors (EQK Realty Investors) Headlines

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