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MYRUF (Myriad Uranium) Operating Income : $-1.59 Mil (TTM As of Jul. 2024)


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What is Myriad Uranium Operating Income?

Myriad Uranium's Operating Income for the three months ended in Jul. 2024 was $-0.50 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jul. 2024 was $-1.59 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Myriad Uranium's Operating Income for the three months ended in Jul. 2024 was $-0.50 Mil. Myriad Uranium's Revenue for the three months ended in Jul. 2024 was $0.00 Mil. Therefore, Myriad Uranium's Operating Margin % for the quarter that ended in Jul. 2024 was %.

Myriad Uranium'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. Myriad Uranium's annualized ROC % for the quarter that ended in Jul. 2024 was -843.61%. Myriad Uranium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -845.38%.


Myriad Uranium Operating Income Historical Data

The historical data trend for Myriad Uranium'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.

Myriad Uranium Operating Income Chart

Myriad Uranium Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Operating Income
Get a 7-Day Free Trial -0.10 -0.22 -0.16 -1.10 -1.60

Myriad Uranium Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.53 -0.35 -0.33 -0.41 -0.50

Myriad Uranium 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.59 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.


Myriad Uranium  (OTCPK:MYRUF) Operating Income Explanation

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

Myriad Uranium's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-2.012 * ( 1 - 0% )/( (0.239 + 0.238)/ 2 )
=-2.012/0.2385
=-843.61 %

where

Note: The Operating Income data used here is four times the quarterly (Jul. 2024) data.

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

Myriad Uranium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.012/( ( (0.238 + max(-0.099, 0)) + (0.238 + max(-0.118, 0)) )/ 2 )
=-2.012/( ( 0.238 + 0.238 )/ 2 )
=-2.012/0.238
=-845.38 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.044) - (0.143 + 0 + 0)
=-0.099

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.047) - (0.165 + 0 + 0)
=-0.118

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2024) EBIT data.

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

Myriad Uranium's Operating Margin % for the quarter that ended in Jul. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jul. 2024 )/Revenue (Q: Jul. 2024 )
=-0.503/0
= %

* 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.


Myriad Uranium Operating Income Related Terms

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Myriad Uranium Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7
Myriad Uranium Corp is a mineral exploration company. The company operates in one operating segment, which is the exploration and evaluation of mineral properties. The company is in the business of mineral exploration. The business of mining and exploring for minerals involves a high degree of risk and there can be no assurance that the Company will obtain the necessary financing to complete the exploration and development of mineral property interests.

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