MINR (Minerva Gold) Operating Income: $-0.01 Mil (TTM As of Feb. 2026)


MINR Minerva Gold Inc MINR
28 GF Score
Price $0.14
! 5 Warning Signs
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What is Minerva Gold Operating Income?

Minerva Gold MINR 28 Operating Income is $-0.01 Mil as of Feb. 2026. GuruFocus rates MINR with a GF Score™ of 28/100. The stock has 5 warning signs investors should review.

Minerva Gold's Operating Income for the three months ended in Feb. 2026 was $0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was $-0.01 Mil.

Warning Sign:

Minerva Gold Inc had lost money in 75% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Minerva Gold's Operating Income for the three months ended in Feb. 2026 was $0.01 Mil. Minerva Gold's Revenue for the three months ended in Feb. 2026 was $0.01 Mil. Therefore, Minerva Gold's Operating Margin % for the quarter that ended in Feb. 2026 was 50.00%.

Minerva Gold'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. Minerva Gold's annualized ROC % for the quarter that ended in Feb. 2026 was 32.26%. Minerva Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was %.

Minerva Gold  (OTCPK:MINR) Operating Income Explanation

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

Minerva Gold's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=0.02 * ( 1 - 0% )/( (0.061 + 0.063)/ 2 )
=0.02/0.062
=32.26 %

where

Invested Capital(Q: Nov. 2025 )
=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))
=0.004 - 0 - ( 0.001 - max(0, 0.058 - 0.001+0.001))
=0.061

Invested Capital(Q: Feb. 2026 )
=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))
=0.01 - 0 - ( 0.007 - max(0, 0.06 - 0.007+0.007))
=0.063

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data.

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

Minerva Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.02/( ( (0 + max(-0.002, 0)) + (0 + max(-0.004, 0)) )/ 2 )
=0.02/( ( 0 + 0 )/ 2 )
=0.02/0
= %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0.003 + -0.001)
=-0.002

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0.005 + -0.001)
=-0.004

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

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

Minerva Gold's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=0.005/0.01
=50.00 %

* 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.

Minerva Gold Operating Income Related Terms

Minerva Gold Operating Income Historical Data

* Premium members only.

The historical data trend for Minerva Gold'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.

Minerva Gold Operating Income Chart

Minerva Gold Annual Data
Trend Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Operating Income
Get a 7-Day Free Trial -0.02 -0.02 -0.04 -0.01 -0.01

Minerva Gold Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.02 -0.00 0.01 -0.02 0.01
MINR
28GF Score
Minerva Gold Inc MINR
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Minerva Gold 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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 $-0.01 Mil mean?
Minerva Gold (MINR) has a Operating Income of $-0.01 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Minerva Gold and its competitors.
Is Minerva Gold's Operating Income too high?
Minerva Gold's current Operating Income is $-0.01 Mil. Overall, Minerva Gold has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Minerva Gold's Operating Income compare to AUMN and HL?
Minerva Gold's Operating Income of $-0.01 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 Minerva Gold and its competitors. Minerva Gold's current Operating Income is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva Gold stock overvalued right now?
Minerva Gold (MINR) has a current Operating Income of $-0.01 Mil. The current Operating Income is $-0.01 Mil. Minerva Gold's overall GF Score™ is 28/100 with 5 warning signs to review. 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 Minerva Gold (MINR), the current Operating Income is $-0.01 Mil as of Feb. 2026. 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.

Minerva Gold Business Description

Address Jiankang West Road, Room 1503, Building 3, Xinshijihaoyuan, Qingjiangpu District, Jiangsu Province, Huaian, CHN
Minerva Gold Inc is a junior mineral exploration company engaged in the identification, acquisition, and exploration of precious metals in Kazakhstan. The Company has expanded its business operations to include a new segment focused on design services.
28GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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