KYNC (KYN Capital Group) Operating Income: $3.72 Mil (TTM As of Sep. 2010)

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What is KYN Capital Group Operating Income?

KYN Capital Group KYNC -50.00% Operating Income is $3.72 Mil as of Sep. 2010.

KYN Capital Group's Operating Income for the three months ended in Sep. 2010 was $0.95 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2010 was $3.72 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. KYN Capital Group's Operating Income for the three months ended in Sep. 2010 was $0.95 Mil. KYN Capital Group's Revenue for the three months ended in Sep. 2010 was $1.78 Mil. Therefore, KYN Capital Group's Operating Margin % for the quarter that ended in Sep. 2010 was 53.40%.

KYN 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. KYN Capital Group's annualized ROC % for the quarter that ended in Sep. 2010 was 6.06%. KYN Capital Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2010 was 14.39%.

KYN Capital Group  (OTCPK:KYNC) Operating Income Explanation

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

KYN Capital Group's annualized ROC % for the quarter that ended in Sep. 2010 is calculated as:

ROC % (Q: Sep. 2010 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2010 ) + Invested Capital (Q: Sep. 2010 ))/ count )
=3.8 * ( 1 - 25.11% )/( (46.068 + 47.832)/ 2 )
=2.84582/46.95
=6.06 %

where

Invested Capital(Q: Jun. 2010 )
=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))
=46.724 - 7.819 - ( 0.145 - max(0, 8.052 - 0.889+0.145))
=46.068

Invested Capital(Q: Sep. 2010 )
=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))
=48.406 - 8.255 - ( 0.083 - max(0, 8.498 - 0.817+0.083))
=47.832

Note: The Operating Income data used here is four times the quarterly (Sep. 2010) data.

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

KYN Capital Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2010 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2010 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2010  Q: Sep. 2010
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.8/( ( (25.652 + max(-7.87, 0)) + (27.148 + max(-8.335, 0)) )/ 2 )
=3.8/( ( 25.652 + 27.148 )/ 2 )
=3.8/26.4
=14.39 %

where Working Capital is:

Working Capital(Q: Jun. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.112 + 0.069 + 0.00099999999999989) - (7.819 + 0.232 + 0.00099999999999945)
=-7.87

Working Capital(Q: Sep. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.097 + 0.065 + 0.00099999999999989) - (8.255 + 0.244 + -0.0010000000000012)
=-8.335

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2010) EBIT data.

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

KYN Capital Group's Operating Margin % for the quarter that ended in Sep. 2010 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2010 )/Revenue (Q: Sep. 2010 )
=0.95/1.779
=53.40 %

* 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.

KYN Capital Group Operating Income Related Terms

KYN Capital Group Operating Income Historical Data

* Premium members only.

The historical data trend for KYN 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.

KYN Capital Group Operating Income Chart

KYN Capital Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Operating Income
2.96 2.82 2.77 3.53 3.44

KYN Capital Group Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 0.96 1.08 0.84 0.85 0.95

KYN 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 Sep. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.72 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 $3.72 Mil mean?
KYN Capital Group (KYNC) has a Operating Income of $3.72 Mil as of Sep. 2010. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on KYN Capital Group and its competitors.
Is KYN Capital Group's Operating Income too high?
KYN Capital Group's current Operating Income is $3.72 Mil.
How does KYN Capital Group's Operating Income compare to competitors?
KYN Capital Group's Operating Income of $3.72 Mil can be compared against companies in the Software 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 a Software company?
A good Operating Income depends on the Software 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 KYN Capital Group and its competitors. KYN Capital Group's current Operating Income is $3.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KYN Capital Group stock overvalued right now?
KYN Capital Group (KYNC) has a current Operating Income of $3.72 Mil. The current Operating Income is $3.72 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 KYN Capital Group (KYNC), the current Operating Income is $3.72 Mil as of Sep. 2010. 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.

KYN Capital Group Business Description

Address 11321 Trade Center Drive, No. 255, Rancho Cordova, CA, USA, 95742
KYN Capital Group Inc is a holding company for acquisitions in entertainment, blockchain, and cryptocurrency markets. Its goal is to combine the expertise of its team members to create a cohesive force, which will carry the company forward in the marketplace. The company has released Koinfold 2.0 on IOS and Android platforms, which is a digital wallet mainly used to buy, sell, swap, and trade cryptocurrencies.