HAVRF (Havilah Resources) Operating Income: $-1.55 Mil (TTM As of Jan. 2026)


HAVRF Havilah Resources Ltd HAVRF
23 GF Score
Price $0.11
! 3 Warning Signs
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What is Havilah Resources Operating Income?

Havilah Resources HAVRF 23 Operating Income is $-1.55 Mil as of Jan. 2026. GuruFocus rates HAVRF with a GF Score™ of 23/100. The stock has 3 warning signs investors should review.

Havilah Resources's Operating Income for the six months ended in Jan. 2026 was $-1.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was $-1.55 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Havilah Resources's Operating Income for the six months ended in Jan. 2026 was $-1.00 Mil. Havilah Resources's Revenue for the six months ended in Jan. 2026 was $0.01 Mil. Therefore, Havilah Resources's Operating Margin % for the quarter that ended in Jan. 2026 was -8,308.33%.

Havilah Resources'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. Havilah Resources's annualized ROC % for the quarter that ended in Jan. 2026 was -5.43%. Havilah Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was -4.26%.


Havilah Resources  (OTCPK:HAVRF) Operating Income Explanation

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

Havilah Resources's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=-1.994 * ( 1 - 0% )/( (35.49 + 37.953)/ 2 )
=-1.994/36.7215
=-5.43 %

where

Note: The Operating Income data used here is two times the semi-annual (Jan. 2026) data.

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

Havilah Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.46/( ( (19.424 + max(13.663, 0)) + (21.014 + max(14.432, 0)) )/ 2 )
=-1.46/( ( 33.087 + 35.446 )/ 2 )
=-1.46/34.2665
=-4.26 %

where Working Capital is:

Working Capital(Q: Jul. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 14.71) - (0.315 + 0 + 0.732)
=13.663

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.029 + 0 + 15.423) - (0.319 + 0 + 0.701)
=14.432

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jan. 2026) EBIT data.

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

Havilah Resources's Operating Margin % for the quarter that ended in Jan. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=-0.997/0.012
=-8,308.33 %

* 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.


Havilah Resources Operating Income Related Terms


Havilah Resources Operating Income Historical Data

* Premium members only.

The historical data trend for Havilah Resources'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.

Havilah Resources Operating Income Chart

Havilah Resources Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.97 -2.02 -2.62 -1.49 -1.76

Havilah Resources Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.87 -2.36 -1.16 -0.55 -1.00
HAVRF
23GF Score
Havilah Resources Ltd HAVRF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Havilah Resources 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. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.55 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-1.55 Mil mean?
Havilah Resources (HAVRF) has a Operating Income of $-1.55 Mil as of Jan. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Havilah Resources and its competitors.
Is Havilah Resources' Operating Income too high?
Havilah Resources' current Operating Income is $-1.55 Mil. Overall, Havilah Resources has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Havilah Resources' Operating Income compare to NEM and AU?
Havilah Resources' Operating Income of $-1.55 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Operating Income depends on the Metals & Mining 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 Havilah Resources and its competitors. Havilah Resources's current Operating Income is $-1.55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havilah Resources stock overvalued right now?
Havilah Resources (HAVRF) has a current Operating Income of $-1.55 Mil. The current Operating Income is $-1.55 Mil. Havilah Resources' overall GF Score™ is 23/100 with 3 warning signs to review. 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 Havilah Resources (HAVRF), the current Operating Income is $-1.55 Mil as of Jan. 2026. 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.

Havilah Resources Business Description

Other Exchanges FWL:GermanyHAV:Australia
Address 107 Rundle Street, Kent Town, SA, AUS, 5067
Havilah Resources Ltd is a mineral exploration and development company engaged in the exploration of gold, copper, cobalt, and other base metals in South Australia. The company holds interests in the Kalkaroo copper-gold-molybdenum project, the Mutooroo copper-cobalt-gold project, the Maldorky iron ore project, the Grants iron ore project, and the Prospect Hill tin project. Kalkaroo is an undeveloped open-pit copper deposit in Australia, defined on a CuEq Ore Reserve basis. The Mutooroo project is a lode-style massive sulphide copper-cobalt deposit located about 60 km southwest of Broken Hill. The Grants iron ore project lies 8 km south of the Barrier Highway and the Transcontinental Railway, approximately one hour's drive southwest of Broken Hill.
23GF Score

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

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