Jack Creek Investment (Jack Creek Investment) Operating Income : $-4.85 Mil (TTM As of Sep. 2022)

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What is Jack Creek Investment Operating Income?

Jack Creek Investment's Operating Income for the three months ended in Sep. 2022 was $-3.19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2022 was $-4.85 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Jack Creek Investment's Operating Income for the three months ended in Sep. 2022 was $-3.19 Mil. Jack Creek Investment's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, Jack Creek Investment's Operating Margin % for the quarter that ended in Sep. 2022 was %.

Jack Creek Investment'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. Jack Creek Investment's annualized ROC % for the quarter that ended in Sep. 2022 was -3.68%. Jack Creek Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.

Jack Creek Investment Operating Income Historical Data

The historical data trend for Jack Creek Investment'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.

Jack Creek Investment Operating Income Chart

Jack Creek Investment Annual Data

Trend

Dec20

Dec21

Operating Income

-2.07

Jack Creek Investment Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Operating Income	Get a 7-Day Free Trial			-0.42	0.97	-0.48	-2.15	-3.19

Jack Creek Investment 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.85 Mil.

Jack Creek Investment (NAS:JCIC) Operating Income Explanation

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

Jack Creek Investment's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-12.764 * ( 1 - 0% )	/	( (345.627	+	347.719)	/ 2 )
=	-12.764	/	346.673
=	-3.68 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	345.677	-	2.706	-	( 0.092	-	max(0, 3.002	-	0.346	+	0.092	))
=	345.627

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	347.323	-	5.445	-	( 0.052	-	max(0, 6.035	-	0.194	+	0.052	))
=	347.719

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Jack Creek Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-12.764	/	( ( (0 + max(-2.452, 0))	+	(0 + max(-5.304, 0)) )	/	2 )
=	-12.764	/	( ( 0	+	0 )	/	2 )
=	-12.764	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.254)	-	(2.706	+	0	+	0)
=	-2.452

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.142)	-	(5.445	+	0	+	0.00099999999999945)
=	-5.304

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

Jack Creek Investment's Operating Margin % for the quarter that ended in Sep. 2022 is calculated as:

Operating Margin %	=	Operating Income (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	-3.191	/	0
	=	%

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.

Jack Creek Investment Operating Income Related Terms

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

Jack Creek Investment (Jack Creek Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jack Creek Investment Corp (NAS:JCIC) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

386 Park Avenue South, Floor 20, New York, NY, USA, 10016

Website

Jack Creek Investment Corp is a blank check company.

Executives

Richard A Noll	director	1000 EAST HANES MILL ROAD, C/O HANESBRANDS INC., WINSTON SALEM NC 27105
Samir Kaul	director	C/O KHOSLA VENTURES, 2128 SAND HILL ROAD, MENLO PARK CA 94025
Jeffrey E Kelter	director	C/O JACK CREEK INVESTMENT CORP., 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Savage Robert F Jr	officer: Chief Executive Officer
James H Clark	officer: Chief Technology Officer	C/O MYCFO INC, PO BOX 10196, PALO ALTO CA 94303
Jcic Sponsor Llc	director, 10 percent owner, officer: See Remarks	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Lauren D Ores	officer: Chief Financial Officer	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Heather Hartnett	director	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Thomas Jermoluk	director	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Ksh Capital Lp	other: Manager	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016