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Fortress Value Acquisition IV (Fortress Value Acquisition IV) Operating Income : $-1.06 Mil (TTM As of Sep. 2022)


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What is Fortress Value Acquisition IV Operating Income?

Fortress Value Acquisition IV's Operating Income for the three months ended in Sep. 2022 was $-0.26 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.06 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Fortress Value Acquisition IV's Operating Income for the three months ended in Sep. 2022 was $-0.26 Mil. Fortress Value Acquisition IV's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, Fortress Value Acquisition IV's Operating Margin % for the quarter that ended in Sep. 2022 was %.

Fortress Value Acquisition IV'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. Fortress Value Acquisition IV's annualized ROC % for the quarter that ended in Sep. 2022 was -0.12%. Fortress Value Acquisition IV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.


Fortress Value Acquisition IV Operating Income Historical Data

The historical data trend for Fortress Value Acquisition IV'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.

Fortress Value Acquisition IV Operating Income Chart

Fortress Value Acquisition IV Annual Data
Trend Dec20 Dec21
Operating Income
- -0.97

Fortress Value Acquisition IV Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Operating Income Get a 7-Day Free Trial -0.25 -0.25 -0.32 -0.24 -0.26

Fortress Value Acquisition IV 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.06 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.


Fortress Value Acquisition IV  (NYSE:FVIV) Operating Income Explanation

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

Fortress Value Acquisition IV's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-1.02 * ( 1 - 23.99% )/( (650.876 + 653.668)/ 2 )
=-0.775302/652.272
=-0.12 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Fortress Value Acquisition IV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.02/( ( (0 + max(-0.279, 0)) + (0 + max(-0.845, 0)) )/ 2 )
=-1.02/( ( 0 + 0 )/ 2 )
=-1.02/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.25) - (0.529 + 0 + 0)
=-0.279

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.155) - (1 + 0 + 0)
=-0.845

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

Fortress Value Acquisition IV's Operating Margin % for the quarter that ended in Sep. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=-0.255/0
= %

* 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.


Fortress Value Acquisition IV Operating Income Related Terms

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Fortress Value Acquisition IV (Fortress Value Acquisition IV) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 46th Floor, New York, NY, USA, 10105
Fortress Value Acquisition Corp IV is a blank check company.
Executives
Teddy B Bartley director C/O FORTRESS VALUE ACQUISITION CORP. IV, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Leilani Verge director C/O FORTRESS VALUE ACQUISITION CORP. IV, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
David Weinreb director 13355 NOEL ROAD, SUITE 950, DALLAS TX 75240
Andrew A. Mcknight director ONE MARKET PLAZA, SPEAR TOWER 42ND FLOOR, SAN FRANCISCO CA 94123
Joshua A Pack director, officer: Chief Executive Officer C/O FIG LLC, 10250 CONSTELLATION BLVD., SUITE 1600, LOS ANGELES CA 90067
Daniel Bass officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Micah B Kaplan officer: Chief Operating Officer C/O FORTRESS INVESTMENT GROUP, LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Alexander P Gillette officer: General Counsel and Secretary C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Marc Furstein director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Leslee Cowen director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Value Acquisition Sponsor Iv Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Claudio Reyna director C/O FORTRESS VALUE ACQUISITION CORP. IV, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105

Fortress Value Acquisition IV (Fortress Value Acquisition IV) Headlines