GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Healthy Extracts Inc (OTCPK:HYEX) » Definitions » Operating Income

Healthy Extracts (Healthy Extracts) Operating Income : $-1.90 Mil (TTM As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Healthy Extracts Operating Income?

Healthy Extracts's Operating Income for the three months ended in Mar. 2024 was $-0.06 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.90 Mil.

Warning Sign:

Healthy Extracts Inc has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Healthy Extracts's Operating Income for the three months ended in Mar. 2024 was $-0.06 Mil. Healthy Extracts's Revenue for the three months ended in Mar. 2024 was $0.69 Mil. Therefore, Healthy Extracts's Operating Margin % for the quarter that ended in Mar. 2024 was -9.00%.

Good Sign:

Healthy Extracts Inc operating margin is expanding. Margin expansion is usually a good sign.

Healthy Extracts's 5-Year average Growth Rate for Operating Margin % was 33.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Healthy Extracts's annualized ROC % for the quarter that ended in Mar. 2024 was -9.87%. Healthy Extracts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -358.82%.


Healthy Extracts Operating Income Historical Data

The historical data trend for Healthy Extracts'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.

Healthy Extracts Operating Income Chart

Healthy Extracts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.94 -2.05 -1.89 -0.91 -2.24

Healthy Extracts Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.41 -1.26 -0.26 -0.32 -0.06

Healthy Extracts 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.90 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.


Healthy Extracts  (OTCPK:HYEX) Operating Income Explanation

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

Healthy Extracts's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-0.248 * ( 1 - 0% )/( (2.217 + 2.807)/ 2 )
=-0.248/2.512
=-9.87 %

where

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

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

Healthy Extracts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.276/( ( (0.003 + max(1.329, 0)) + (0.003 + max(0.491, 0)) )/ 2 )
=-3.276/( ( 1.332 + 0.494 )/ 2 )
=-3.276/0.913
=-358.82 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.03 + 1.626 + 0.225) - (0.399 + 0 + 0.153)
=1.329

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.024 + 1.553 + 0.206) - (0.381 + 0 + 0.911)
=0.491

When net working capital is negative, 0 is used.

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

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

Healthy Extracts's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.062/0.689
=-9.00 %

* 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.


Healthy Extracts Operating Income Related Terms

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


Healthy Extracts (Healthy Extracts) Business Description

Traded in Other Exchanges
N/A
Address
7375 Commercial Way, Suite 125, Henderson, NV, USA, 89011
Healthy Extracts Inc through its subsidiaries is engaged in proprietary research and development of natural plant-based formulations, manufacturing, sales, and distribution of cardiovascular and neuro products that provide natural brain solutions. The company also provides superfruit supplements to support overall cholesterol and cardiovascular health. Its products are distributed in the United States and Mexico. The company's operating segment includes Health Supplements and Corporate. It generates maximum revenue from the Health Supplements segment.
Executives
Robert Michael Madden officer: Chief Financial Officer 5269 SOUTH ALVERA CIR, SALT LAKE CITY UT 84117
Croyle William Russell Jr director 1 SILVERMOUND, LITTLETON CO 80127
Kevin Pitts 10 percent owner, officer: President 3664 CHRISTY RIDGE RD., SEDALIA CO 80135
Sanjeevkumar Ratanshi Javia director, officer: President 7161 E. RANCHO VISTA DRIVE, SUITE 3008, SCOTTSDALE AZ 85251
Patrick Stiles director, 10 percent owner, officer: President, CEO 10300 W. CHARLESTON, LAS VEGAS NV 89135
Joseph Nejman director, 10 percent owner, officer: President 555 BRYANT ST., SUITE 555, PALO ALTO CA 94301
William C Bossung director, 10 percent owner, officer: CFO and Secretary 10300 W. CHARLESTON BLVD., STE. 13-378, LAS VEGAS NV 89135
Brian J Dunn director, 10 percent owner 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Fred Covely director, 10 percent owner, officer: President and CEO 1508 GRANDVIEW RD., VISTA CA 92084

Healthy Extracts (Healthy Extracts) Headlines