Gold Entertainment Group (Gold Entertainment Group) Operating Income : $-0.04 Mil (TTM As of Jan. 2018)

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

What is Gold Entertainment Group Operating Income?

Gold Entertainment Group's Operating Income for the three months ended in Jan. 2018 was $-0.02 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2018 was $-0.04 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Gold Entertainment Group's Operating Income for the three months ended in Jan. 2018 was $-0.02 Mil. Gold Entertainment Group's Revenue for the three months ended in Jan. 2018 was $0.00 Mil. Therefore, Gold Entertainment Group's Operating Margin % for the quarter that ended in Jan. 2018 was %.

Gold Entertainment Group'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. Gold Entertainment Group's annualized ROC % for the quarter that ended in Jan. 2018 was -400.00%. Gold Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2018 was %.

Gold Entertainment Group Operating Income Historical Data

The historical data trend for Gold Entertainment Group'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.

Gold Entertainment Group Operating Income Chart

Gold Entertainment Group Annual Data

Trend

Jan02

Jan03

Jan04

Jan16

Jan17

Jan18

Operating Income

Get a 7-Day Free Trial

-0.11

-0.03

-0.04

Gold Entertainment Group Quarterly Data
	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18
Operating Income	Get a 7-Day Free Trial														-0.01	-	-0.01	-	-0.02

Gold Entertainment Group 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 Jan. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

Gold Entertainment Group (OTCPK:GEGP) Operating Income Explanation

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

Gold Entertainment Group's annualized ROC % for the quarter that ended in Jan. 2018 is calculated as:

	ROC % (Q: Jan. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2017 )	+	Invested Capital (Q: Jan. 2018 ))	/ count )
=	-0.088 * ( 1 - 0% )	/	( (0.018	+	0.026)	/ 2 )
=	-0.088	/	0.022
=	-400.00 %

where

	Invested Capital		(Q: Oct. 2017 )
=	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	))
=	0.019	-	0.122	-	( 0.001	-	max(0, 0.122	-	0.001	+	0.001	))
=	0.018

	Invested Capital		(Q: Jan. 2018 )
=	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	))
=	0.002	-	0.101	-	( 0.002	-	max(0, 0.127	-	0.002	+	0.002	))
=	0.026

Note: The Operating Income data used here is four times the quarterly (Jan. 2018) data.

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

Gold Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2018 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2018 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2017		Q: Jan. 2018
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.088	/	( ( (0 + max(-0.122, 0))	+	(0 + max(-0.101, 0)) )	/	2 )
=	-0.088	/	( ( 0	+	0 )	/	2 )
=	-0.088	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Oct. 2017 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.122	+	0	+	0)
=	-0.122

	Working Capital		(Q: Jan. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.101	+	0	+	0)
=	-0.101

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2018) EBIT data.

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

Gold Entertainment Group's Operating Margin % for the quarter that ended in Jan. 2018 is calculated as:

Operating Margin %	=	Operating Income (Q: Jan. 2018 )	/	Revenue (Q: Jan. 2018 )
	=	-0.022	/	0
	=	%

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.

Gold Entertainment Group Operating Income Related Terms

Thank you for viewing the detailed overview of Gold Entertainment Group's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Gold Entertainment Group (Gold Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Gold Entertainment Group Inc (OTCPK:GEGP) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

2412 Irwin Street, Melbourne, FL, USA, 32901

Website

https://www.goldentertainment.com

Gold Entertainment Group Inc is engaged in the entertainment business including television shows and distribution.

Gold Entertainment Group (Gold Entertainment Group) Headlines

No Headlines