LGLOF (Green Block Mining) Operating Income: $-6.26 Mil (TTM As of Aug. 2021)

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What is Green Block Mining Operating Income?

Green Block Mining LGLOF -90.00% Operating Income is $-6.26 Mil as of Aug. 2021.

Green Block Mining's Operating Income for the three months ended in Aug. 2021 was $-0.60 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Aug. 2021 was $-6.26 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Green Block Mining's Operating Income for the three months ended in Aug. 2021 was $-0.60 Mil. Green Block Mining's Revenue for the three months ended in Aug. 2021 was $0.74 Mil. Therefore, Green Block Mining's Operating Margin % for the quarter that ended in Aug. 2021 was -81.65%.

Green Block 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. Green Block Mining's annualized ROC % for the quarter that ended in Aug. 2021 was -14.64%. Green Block Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2021 was -34.00%.

Green Block Mining  (OTCPK:LGLOF) Operating Income Explanation

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

Green Block Mining's annualized ROC % for the quarter that ended in Aug. 2021 is calculated as:

ROC % (Q: Aug. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2021 ) + Invested Capital (Q: Aug. 2021 ))/ count )
=-2.4057000000146 * ( 1 - -0% )/( (16.750092 + 16.12293)/ 2 )
=-2.4057000000146/16.436511
=-14.64 %

where

Invested Capital(Q: May. 2021 )
=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))
=12.999663 - 1.867521 - ( 0.929402 - max(0, 8.068661 - 2.450711+0.929402))
=16.750092

Invested Capital(Q: Aug. 2021 )
=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))
=12.595799 - 2.271315 - ( 0.055 - max(0, 7.921391 - 2.122945+0.055))
=16.12293

Note: The Operating Income data used here is four times the quarterly (Aug. 2021) data.

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

Green Block Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2021  Q: Aug. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.5735880000218/( ( (10.548952 + max(-4.189537, 0)) + (10.472854 + max(-3.417743, 0)) )/ 2 )
=-3.5735880000218/( ( 10.548952 + 10.472854 )/ 2 )
=-3.5735880000218/10.510903
=-34.00 %

where Working Capital is:

Working Capital(Q: May. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.323971 + 0 + 0.506713) - (1.867521 + 0 + 3.1527)
=-4.189537

Working Capital(Q: Aug. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.861386 + 0 + 0.492798) - (2.271315 + 0 + 2.500612)
=-3.417743

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Aug. 2021) EBIT data.

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

Green Block Mining's Operating Margin % for the quarter that ended in Aug. 2021 is calculated as:

Operating Margin %=Operating Income (Q: Aug. 2021 )/Revenue (Q: Aug. 2021 )
=-0.60142500000366/0.73655000000448
=-81.65 %

* 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.

Green Block Mining Operating Income Related Terms

Green Block Mining Operating Income Historical Data

* Premium members only.

The historical data trend for Green Block 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.

Green Block Mining Operating Income Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Operating Income
-0.93 -0.81 -3.48

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 -0.05 -3.02 -0.25 -2.39 -0.60

Green Block 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 Aug. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.26 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 $-6.26 Mil mean?
Green Block Mining (LGLOF) has a Operating Income of $-6.26 Mil as of Aug. 2021. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Operating Income too high?
Green Block Mining's current Operating Income is $-6.26 Mil.
How does Green Block Mining's Operating Income compare to CRM and INTU?
Green Block Mining's Operating Income of $-6.26 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 Green Block Mining and its competitors. Green Block Mining's current Operating Income is $-6.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Operating Income of $-6.26 Mil. The current Operating Income is $-6.26 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 Green Block Mining (LGLOF), the current Operating Income is $-6.26 Mil as of Aug. 2021. 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.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.