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Integrated Environmental Technologies (Integrated Environmental Technologies) Operating Income : $-2.39 Mil (TTM As of Sep. 2016)


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What is Integrated Environmental Technologies Operating Income?

Integrated Environmental Technologies's Operating Income for the three months ended in Sep. 2016 was $-0.50 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2016 was $-2.39 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Integrated Environmental Technologies's Operating Income for the three months ended in Sep. 2016 was $-0.50 Mil. Integrated Environmental Technologies's Revenue for the three months ended in Sep. 2016 was $0.06 Mil. Therefore, Integrated Environmental Technologies's Operating Margin % for the quarter that ended in Sep. 2016 was -885.71%.

Integrated Environmental Technologies'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. Integrated Environmental Technologies's annualized ROC % for the quarter that ended in Sep. 2016 was -367.75%. Integrated Environmental Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was -931.76%.


Integrated Environmental Technologies Operating Income Historical Data

The historical data trend for Integrated Environmental Technologies'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.

Integrated Environmental Technologies Operating Income Chart

Integrated Environmental Technologies Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.16 -1.86 -1.79 -2.22 -3.00

Integrated Environmental Technologies Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -0.62 -0.69 -0.70 -0.51 -0.50

Integrated Environmental Technologies 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.39 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.


Integrated Environmental Technologies  (OTCPK:IEVM) Operating Income Explanation

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

Integrated Environmental Technologies's annualized ROC % for the quarter that ended in Sep. 2016 is calculated as:

ROC % (Q: Sep. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2016 ) + Invested Capital (Q: Sep. 2016 ))/ count )
=-1.984 * ( 1 - 0% )/( (0.446 + 0.633)/ 2 )
=-1.984/0.5395
=-367.75 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2016) data.

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

Integrated Environmental Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2016  Q: Sep. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.98/( ( (0.221 + max(-0.593, 0)) + (0.204 + max(-0.665, 0)) )/ 2 )
=-1.98/( ( 0.221 + 0.204 )/ 2 )
=-1.98/0.2125
=-931.76 %

where Working Capital is:

Working Capital(Q: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.078 + 0.104 + 0.032) - (0.629 + 0.002 + 0.176)
=-0.593

Working Capital(Q: Sep. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.027 + 0.125 + 0.065) - (0.88 + 0.002 + 0)
=-0.665

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2016) EBIT data.

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

Integrated Environmental Technologies's Operating Margin % for the quarter that ended in Sep. 2016 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2016 )/Revenue (Q: Sep. 2016 )
=-0.496/0.056
=-885.71 %

* 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.


Integrated Environmental Technologies Operating Income Related Terms

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Integrated Environmental Technologies (Integrated Environmental Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4235 Commerce Street, Little River, SC, USA, 29566
Integrated Environmental Technologies Ltd is a US based company engaged in the production of a hypochlorous acid based solution, commonly known as anolyte and anti-oxidizing, mildly alkaline solution, commonly known as catholyte. It markets anolyte under the brand name Excelyte and catholyte under the brand name Catholyte Zero. The group also manufactures equipment to produce Excelyte and Catholyte Zero. It sells the products to customers in the oil and gas industry and in other industries. Its oil and gas customers are located in Utah, New Mexico and Texas and the other customers are located in the geographical regions throughout the US. The firm segments its activities in the oil and gas business into three categories, Well Maintenance, Drilling and Completions and Water Remediation.
Executives
Lavance David R Jr director, officer: President and CEO C/O HOLOGIC, INC., BEDFORD MA 01730
Anthony Iii Giordano director 4 KELLY LANE, LONG BRANCH NJ 07740
Kubacki Raymond C Jr director 125 NAGOG PARK, ACTON MA 01720
William E Prince director, officer: President & CEO
Paul Branagan other: Former Director of the Company
Gary Grieco 10 percent owner 10457 W. 84TH TERRACE, LENEXA KS 66214

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