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PT Trada Alam Minera Tbk (ISX:TRAM) Operating Income : Rp184,190 Mil (TTM As of Dec. 2020)


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What is PT Trada Alam Minera Tbk Operating Income?

PT Trada Alam Minera Tbk's Operating Income for the three months ended in Dec. 2020 was Rp0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2020 was Rp184,190 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Trada Alam Minera Tbk's Operating Income for the three months ended in Dec. 2020 was Rp0 Mil. PT Trada Alam Minera Tbk's Revenue for the three months ended in Dec. 2020 was Rp0 Mil. Therefore, PT Trada Alam Minera Tbk's Operating Margin % for the quarter that ended in Dec. 2020 was %.

PT Trada Alam Minera Tbk'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. PT Trada Alam Minera Tbk's annualized ROC % for the quarter that ended in Dec. 2020 was 0.00%. PT Trada Alam Minera Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was 0.00%.


PT Trada Alam Minera Tbk Operating Income Historical Data

The historical data trend for PT Trada Alam Minera Tbk'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.

PT Trada Alam Minera Tbk Operating Income Chart

PT Trada Alam Minera Tbk Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96,839.42 127,615.86 430,295.56 184,190.47 -829,054.43

PT Trada Alam Minera Tbk Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Dec20
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 73,361.89 181,677.69 -3,642.81 -67,206.30 -

PT Trada Alam Minera Tbk 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 Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp184,190 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.


PT Trada Alam Minera Tbk  (ISX:TRAM) Operating Income Explanation

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

PT Trada Alam Minera Tbk's annualized ROC % for the quarter that ended in Dec. 2020 is calculated as:

ROC % (Q: Dec. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2019 ) + Invested Capital (Q: Dec. 2020 ))/ count )
=0 * ( 1 - 0% )/( (6494993.098 + 5727470.704)/ 2 )
=0/6111231.901
=0.00 %

where

Invested Capital(Q: Dec. 2019 )
=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))
=6445851.84 - 662860.699 - ( 65588.162 - max(0, 1583148.335 - 871146.378+65588.162))
=6494993.098

Invested Capital(Q: Dec. 2020 )
=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))
=5404124.315 - 815902.212 - ( 206739.473 - max(0, 1842535.936 - 703287.335+206739.473))
=5727470.704

Note: The Operating Income data used here is four times the quarterly (Dec. 2020) data.

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

PT Trada Alam Minera Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2019  Q: Dec. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (3652061.529 + max(-9048.635, 0)) + (2993892.345 + max(-483812.04, 0)) )/ 2 )
=0/( ( 3652061.529 + 2993892.345 )/ 2 )
=0/3322976.937
=0.00 %

where Working Capital is:

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(258720.319 + 298533.131 + 164008.504) - (662860.699 + 0 + 67449.89)
=-9048.635

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(195440.262 + 136574.664 + 131054.9) - (815902.212 + 0 + 130979.654)
=-483812.04

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.

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

PT Trada Alam Minera Tbk's Operating Margin % for the quarter that ended in Dec. 2020 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2020 )/Revenue (Q: Dec. 2020 )
=0/0
= %

* 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.


PT Trada Alam Minera Tbk Operating Income Related Terms

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PT Trada Alam Minera Tbk (ISX:TRAM) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Melawai Raya Number 7, Kebayoran Baru, Wisma Amex Lantai 2, Jakarta, IDN, 12610
PT Trada Alam Minera Tbk is a shipping company focusing on marine transportation services in the energy sector. The company is organized into the following operating segments, FSO Rental and Operating Services, Liquid Cargo Freight Service, Dry Bulk Cargo Freight Service, and Liquefied Natural Gas Freight Service. The main activities cover from operating and chartering vessels, ship management, logistic services as well as licensing and agency services. The company primarily serves oil and gas companies, as well as mining producers.

PT Trada Alam Minera Tbk (ISX:TRAM) Headlines

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