MLACW (Malacca Straits Acquisition Co) Operating Income: $-1.84 Mil (TTM As of Mar. 2023)

What is Malacca Straits Acquisition Co Operating Income?

Malacca Straits Acquisition Co MLACW 24 Operating Income is $-1.84 Mil as of Mar. 2023. GuruFocus rates MLACW with a GF Score™ of 24/100. The stock has 4 warning signs investors should review.

Malacca Straits Acquisition Co's Operating Income for the three months ended in Mar. 2023 was $-0.27 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was $-1.84 Mil.

Warning Sign:

Malacca Straits Acquisition Co Ltd has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Malacca Straits Acquisition Co's Operating Income for the three months ended in Mar. 2023 was $-0.27 Mil. Malacca Straits Acquisition Co's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Therefore, Malacca Straits Acquisition Co's Operating Margin % for the quarter that ended in Mar. 2023 was %.

Malacca Straits Acquisition Co'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. Malacca Straits Acquisition Co's annualized ROC % for the quarter that ended in Mar. 2023 was -12.64%. Malacca Straits Acquisition Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was %.

Malacca Straits Acquisition Co (NAS:MLACW) Operating Income Explanation

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

Malacca Straits Acquisition Co's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

	ROC % (Q: Mar. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Mar. 2023 ))	/ count )
=	-1.092 * ( 1 - 0% )	/	( (8.449	+	8.828)	/ 2 )
=	-1.092	/	8.6385
=	-12.64 %

where

	Invested Capital		(Q: Dec. 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	))
=	5.512	-	0.86	-	( 0.034	-	max(0, 3.911	-	0.114	+	0.034	))
=	8.449

	Invested Capital		(Q: Mar. 2023 )
=	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	))
=	5.629	-	0.923	-	( 0.108	-	max(0, 4.302	-	0.18	+	0.108	))
=	8.828

Note: The Operating Income data used here is four times the quarterly (Mar. 2023) data.

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

Malacca Straits Acquisition Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Mar. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.092	/	( ( (0 + max(-0.78, 0))	+	(0 + max(-0.851, 0)) )	/	2 )
=	-1.092	/	( ( 0	+	0 )	/	2 )
=	-1.092	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.08)	-	(0.86	+	0	+	0)
=	-0.78

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.072)	-	(0.923	+	0	+	0)
=	-0.851

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

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

Malacca Straits Acquisition Co's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	-0.273	/	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.

Malacca Straits Acquisition Co Operating Income Related Terms

Malacca Straits Acquisition Co Operating Income Historical Data

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The historical data trend for Malacca Straits Acquisition Co's Operating Income can be seen below:

Malacca Straits Acquisition Co Operating Income Chart

Malacca Straits Acquisition Co Annual Data

Trend

Dec20

Dec21

Dec22

Operating Income

-0.31

-1.44

-1.76

Malacca Straits Acquisition Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Operating Income	Get a 7-Day Free Trial								-0.19	-0.23	-0.53	-0.81	-0.27

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Malacca Straits Acquisition Co Ltd MLACW

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Malacca Straits Acquisition Co 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.84 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $-1.84 Mil mean?

Malacca Straits Acquisition Co (MLACW) has a Operating Income of $-1.84 Mil as of Mar. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Malacca Straits Acquisition Co and its competitors.

Is Malacca Straits Acquisition Co's Operating Income too high?

Malacca Straits Acquisition Co's current Operating Income is $-1.84 Mil. Overall, Malacca Straits Acquisition Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.

How does Malacca Straits Acquisition Co's Operating Income compare to RAM and CLOE?

Malacca Straits Acquisition Co's Operating Income of $-1.84 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?

A good Operating Income depends on the Diversified Financial Services 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 Malacca Straits Acquisition Co and its competitors. Malacca Straits Acquisition Co's current Operating Income is $-1.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Malacca Straits Acquisition Co stock overvalued right now?

Malacca Straits Acquisition Co (MLACW) has a current Operating Income of $-1.84 Mil. The current Operating Income is $-1.84 Mil. Malacca Straits Acquisition Co's overall GF Score™ is 24/100 with 4 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 Malacca Straits Acquisition Co (MLACW), the current Operating Income is $-1.84 Mil as of Mar. 2023. 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.

Malacca Straits Acquisition Co Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies RAM CLOE APMI CCAI JWAC RICO AMCI GLTA RACY ARYE GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ

Address 2 Ice House Street, Saint George’s Building, Unit 601-2, Central, Hong Kong, HKG

Website https://www.malaccastraits.net

Malacca Straits Acquisition Co Ltd is a blank check company.

24GF Score

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