Shefa Gems (LSE:SEFA) Operating Income: £-15.09 Mil (TTM As of Jun. 2022)

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What is Shefa Gems Operating Income?

Shefa Gems LSE:SEFA Operating Income is £-15.09 Mil as of Jun. 2022.

Shefa Gems's Operating Income for the six months ended in Jun. 2022 was £-0.12 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2022 was £-15.09 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Shefa Gems's Operating Income for the six months ended in Jun. 2022 was £-0.12 Mil. Shefa Gems's Revenue for the six months ended in Jun. 2022 was £0.00 Mil. Therefore, Shefa Gems's Operating Margin % for the quarter that ended in Jun. 2022 was %.

Shefa Gems'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. Shefa Gems's annualized ROC % for the quarter that ended in Jun. 2022 was -13.05%. Shefa Gems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was %.

Shefa Gems  (LSE:SEFA) Operating Income Explanation

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

Shefa Gems's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=-0.246 * ( 1 - 0% )/( (1.848 + 1.923)/ 2 )
=-0.246/1.8855
=-13.05 %

where

Invested Capital(Q: Dec. 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))
=0.214 - 0.002 - ( 0.212 - max(0, 1.85 - 0.214+0.212))
=1.848

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))
=0.102 - 0.023 - ( 0.057 - max(0, 1.946 - 0.102+0.057))
=1.923

Note: The Operating Income data used here is two times the semi-annual (Jun. 2022) data.

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

Shefa Gems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.218/( ( (0 + max(-1.848, 0)) + (0 + max(-1.946, 0)) )/ 2 )
=-0.218/( ( 0 + 0 )/ 2 )
=-0.218/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.002) - (0.002 + 0 + 1.848)
=-1.848

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -1.3877787807814E-17) - (0.023 + 0 + 1.923)
=-1.946

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2022) EBIT data.

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

Shefa Gems's Operating Margin % for the quarter that ended in Jun. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2022 )/Revenue (Q: Jun. 2022 )
=-0.123/0
= %

* 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.

Shefa Gems Operating Income Related Terms

Shefa Gems Operating Income Historical Data

* Premium members only.

The historical data trend for Shefa Gems'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.

Shefa Gems Operating Income Chart

Shefa Gems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Operating Income
Get a 7-Day Free Trial -0.14 -0.85 -1.35 -0.47 -15.31

Shefa Gems Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.10 -0.37 -0.35 -14.96 -0.12

Shefa Gems 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 Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-15.09 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 £-15.09 Mil mean?
Shefa Gems (LSE:SEFA) has a Operating Income of £-15.09 Mil as of Jun. 2022. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Shefa Gems and its competitors.
Is Shefa Gems' Operating Income too high?
Shefa Gems' current Operating Income is £-15.09 Mil.
How does Shefa Gems' Operating Income compare to EXK?
Shefa Gems' Operating Income of £-15.09 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Operating Income depends on the Metals & Mining 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 Shefa Gems and its competitors. Shefa Gems's current Operating Income is £-15.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shefa Gems stock overvalued right now?
Shefa Gems (LSE:SEFA) has a current Operating Income of £-15.09 Mil. The current Operating Income is £-15.09 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 Shefa Gems (LSE:SEFA), the current Operating Income is £-15.09 Mil as of Jun. 2022. 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.

Shefa Gems Business Description

Address 90 Herzel Street, P.O.Box 720, Netanya, ISR, 4210602
Shefa Gems Ltd is an Israel-based multi-commodity gemstone mining exploration company. Principally it is engaged in the business of exploration for coloured precious stones deposits and in particular diamonds, moissanite, sapphire, and ruby. The company's project consists of Kishon River, Mount Carmel, Natural Moissanite, Hibonite, Gem Box, and Carmel Sapphire.