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GTIM (Good Times Restaurants) Operating Income : $2.0 Mil (TTM As of Sep. 2024)


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What is Good Times Restaurants Operating Income?

Good Times Restaurants's Operating Income for the three months ended in Sep. 2024 was $0.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was $2.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Good Times Restaurants's Operating Income for the three months ended in Sep. 2024 was $0.4 Mil. Good Times Restaurants's Revenue for the three months ended in Sep. 2024 was $35.8 Mil. Therefore, Good Times Restaurants's Operating Margin % for the quarter that ended in Sep. 2024 was 1.04%.

Good Times Restaurants'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. Good Times Restaurants's annualized ROC % for the quarter that ended in Sep. 2024 was -3.32%. Good Times Restaurants's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.79%.


Good Times Restaurants Operating Income Historical Data

The historical data trend for Good Times Restaurants'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.

Good Times Restaurants Operating Income Chart

Good Times Restaurants Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 6.86 2.22 2.51 1.75

Good Times Restaurants Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 -0.38 0.55 1.45 0.37

Good Times Restaurants 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.0 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.


Good Times Restaurants  (NAS:GTIM) Operating Income Explanation

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

Good Times Restaurants's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1.484 * ( 1 - 300% )/( (90.272 + 88.343)/ 2 )
=-2.968/89.3075
=-3.32 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Good Times Restaurants's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.472/( ( (60.679 + max(-7.447, 0)) + (58.468 + max(-6.792, 0)) )/ 2 )
=-0.472/( ( 60.679 + 58.468 )/ 2 )
=-0.472/59.5735
=-0.79 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.782 + 1.446 + 0.662) - (8.639 + 1.698 + 0)
=-7.447

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.89 + 1.419 + 0.395) - (7.905 + 1.591 + 0)
=-6.792

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Good Times Restaurants's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=0.371/35.794
=1.04 %

* 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.


Good Times Restaurants Operating Income Related Terms

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Good Times Restaurants Business Description

Traded in Other Exchanges
N/A
Address
651 Corporate Circle, No. 200, Golden, CO, USA, 80401
Good Times Restaurants Inc is engaged in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. It operates through two segments: Good Times Burgers and Frozen Custard restaurants which operate in the quick-service drive-through dining industry; and Bad Daddy's Burger Bar restaurants which operate in the full-service upscale casual dining industry. The company generates maximum revenue from the Bad Daddy's Burger Bar restaurants segment. Its menu categories include burgers; chicken; kids; breakfast; frozen custard; slides and drinks.
Executives
Ryan M Zink officer: Chief Financial Officer 141 UNION BOULEVARD #400, LAKEWOOD CO 80228
Donald L Stack officer: SVP of Operations 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Jennifer C Stetson director 3753 EL SERENO AVENUE, ALTADENTA CA 91001
Matthew Karnes officer: Sr Vice President of Finance 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Margaret E Regalia officer: Vice President of Finance 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Scott Lefever officer: VICE PRESIDENT 601 CORPORATE CIRCLE, GOLDEN CO 80401
Charles E Jobson 10 percent owner
Robert J Stetson director 14901 QUORUM DRIVE, DALLAS TX 75254
Susan M Knutson officer: Controller 601 CORPORATE CIRCLE, GOLDEN CO 80401
Jason Maceda director C/O DUNKIN' BRANDS, INC., 130 ROYALL STREET, CANTON MA 02021
Geoffrey R Bailey director 601 CORPORATE CIRCLE, GOLDEN CO 80401
Boyd E Hoback officer: President and CEO 601 CORPORATE CIRCLE, GOLDEN CO 80401
Alan A Teran director 2126 KNOLLWOOD DR, BOULDER CO 80302
Eric W Reinhard director 601 CORPORATE CIRCLE, GOLDEN CO 80401
Delta Partners Llc 10 percent owner 265 FRANKLIN STREET, SUITE 903, BOSTON MA 02110