GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Leocor Mining Inc (OTCPK:LECRF) » Definitions » Operating Income

LECRF (Leocor Mining) Operating Income : $-0.57 Mil (TTM As of Apr. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Leocor Mining Operating Income?

Leocor Mining's Operating Income for the three months ended in Apr. 2025 was $-0.07 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2025 was $-0.57 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Leocor Mining's Operating Income for the three months ended in Apr. 2025 was $-0.07 Mil. Leocor Mining's Revenue for the three months ended in Apr. 2025 was $0.00 Mil. Therefore, Leocor Mining's Operating Margin % for the quarter that ended in Apr. 2025 was %.

Leocor Mining'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. Leocor Mining's annualized ROC % for the quarter that ended in Apr. 2025 was -12.39%. Leocor Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2025 was -57.81%.


Leocor Mining Operating Income Historical Data

The historical data trend for Leocor Mining'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.

Leocor Mining Operating Income Chart

Leocor Mining Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Operating Income
Get a 7-Day Free Trial -0.70 -1.97 -0.42 -0.24 -0.35

Leocor Mining Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 -0.14 -0.12 -0.03 -0.34 -0.07

Leocor Mining 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 Apr. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.57 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.


Leocor Mining  (OTCPK:LECRF) Operating Income Explanation

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

Leocor Mining's annualized ROC % for the quarter that ended in Apr. 2025 is calculated as:

ROC % (Q: Apr. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2025 ) + Invested Capital (Q: Apr. 2025 ))/ count )
=-0.276 * ( 1 - 0% )/( (1.889 + 2.566)/ 2 )
=-0.276/2.2275
=-12.39 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 2025) data.

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

Leocor Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2025  Q: Apr. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.288/( ( (1.89 + max(-0.155, 0)) + (2.566 + max(-0.144, 0)) )/ 2 )
=-1.288/( ( 1.89 + 2.566 )/ 2 )
=-1.288/2.228
=-57.81 %

where Working Capital is:

Working Capital(Q: Jan. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.024 + 0 + 0.077) - (0.256 + 0 + 0)
=-0.155

Working Capital(Q: Apr. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.085 + 0 + 0.032) - (0.261 + 0 + 0)
=-0.144

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2025) EBIT data.

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

Leocor Mining's Operating Margin % for the quarter that ended in Apr. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2025 )/Revenue (Q: Apr. 2025 )
=-0.069/0
= %

* 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.


Leocor Mining Operating Income Related Terms

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


Leocor Mining Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7
Leocor Mining Inc is engaged in acquiring and exploring copper-gold porphyry mineral properties, focusing on British Columbia, Canada. Project includes Robert's Arm Project, Dorset Gold Project, Five Mile Brook and Copper Creek Project, and other.

Leocor Mining Headlines

No Headlines