HCGI (Huntwicke Capital Group) Operating Income: $-0.29 Mil (TTM As of Jan. 2017)


What is Huntwicke Capital Group Operating Income?

Huntwicke Capital Group HCGI Operating Income is $-0.29 Mil as of Jan. 2017.

Huntwicke Capital Group's Operating Income for the three months ended in Jan. 2017 was $-0.19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2017 was $-0.29 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Huntwicke Capital Group's Operating Income for the three months ended in Jan. 2017 was $-0.19 Mil. Huntwicke Capital Group's Revenue for the three months ended in Jan. 2017 was $0.82 Mil. Therefore, Huntwicke Capital Group's Operating Margin % for the quarter that ended in Jan. 2017 was -23.66%.

Huntwicke Capital 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. Huntwicke Capital Group's annualized ROC % for the quarter that ended in Jan. 2017 was -14.31%. Huntwicke Capital Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2017 was -14.25%.

Huntwicke Capital Group  (OTCPK:HCGI) Operating Income Explanation

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

Huntwicke Capital Group's annualized ROC % for the quarter that ended in Jan. 2017 is calculated as:

ROC % (Q: Jan. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2016 ) + Invested Capital (Q: Jan. 2017 ))/ count )
=-0.776 * ( 1 - 0% )/( (5.395 + 5.452)/ 2 )
=-0.776/5.4235
=-14.31 %

where

Invested Capital(Q: Oct. 2016 )
=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))
=5.242 - 0.527 - ( 0.728 - max(0, 1.497 - 0.817+0.728))
=5.395

Invested Capital(Q: Jan. 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))
=5.931 - 1.099 - ( 1.474 - max(0, 2.152 - 1.532+1.474))
=5.452

Note: The Operating Income data used here is four times the quarterly (Jan. 2017) data.

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

Huntwicke Capital Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2016  Q: Jan. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.628/( ( (4.425 + max(-0.452, 0)) + (4.387 + max(-1.165, 0)) )/ 2 )
=-0.628/( ( 4.425 + 4.387 )/ 2 )
=-0.628/4.406
=-14.25 %

where Working Capital is:

Working Capital(Q: Oct. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.002 + 0 + 0.087) - (0.527 + 0.004 + 0.01)
=-0.452

Working Capital(Q: Jan. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.002 + 0 + 0.029) - (1.099 + 0.097 + 4.4408920985006E-16)
=-1.165

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2017) EBIT data.

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

Huntwicke Capital Group's Operating Margin % for the quarter that ended in Jan. 2017 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2017 )/Revenue (Q: Jan. 2017 )
=-0.194/0.82
=-23.66 %

* 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.

Huntwicke Capital Group Operating Income Related Terms

Huntwicke Capital Group Operating Income Historical Data

* Premium members only.

The historical data trend for Huntwicke Capital 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.

Huntwicke Capital Group Operating Income Chart

Huntwicke Capital Group Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15
Operating Income
-0.03 -0.06 -0.02 -0.03 -0.05

Huntwicke Capital Group Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
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 -0.00 -0.02 -0.02 -0.06 -0.19

Huntwicke Capital 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.29 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 $-0.29 Mil mean?
Huntwicke Capital Group (HCGI) has a Operating Income of $-0.29 Mil as of Jan. 2017. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Huntwicke Capital Group and its competitors.
Is Huntwicke Capital Group's Operating Income too high?
Huntwicke Capital Group's current Operating Income is $-0.29 Mil.
How does Huntwicke Capital Group's Operating Income compare to BUUZ?
Huntwicke Capital Group's Operating Income of $-0.29 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Operating Income depends on the Asset Management 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 Huntwicke Capital Group and its competitors. Huntwicke Capital Group's current Operating Income is $-0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huntwicke Capital Group stock overvalued right now?
Huntwicke Capital Group (HCGI) has a current Operating Income of $-0.29 Mil. The current Operating Income is $-0.29 Mil. 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 Huntwicke Capital Group (HCGI), the current Operating Income is $-0.29 Mil as of Jan. 2017. 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.

Huntwicke Capital Group Business Description

Address 7 Grove Street, Suite 201, Topsfield, MA, USA, 01983
Huntwicke Capital Group Inc is an investment holding company. The company's operating segment Rental Real Estate; Financial Services, Soccer revenues, and Brewery. It generates maximum revenue from the Financial Services segment. The Financial Services segment manages financial portfolios and assets for a fee, and clear private placement transactions for high net worth customers, and institutional customers.