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NorthStar Healthcareome (NorthStar Healthcareome) Operating Income : $12.0 Mil (TTM As of Dec. 2023)


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What is NorthStar Healthcareome Operating Income?

NorthStar Healthcareome's Operating Income for the three months ended in Dec. 2023 was $4.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $12.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. NorthStar Healthcareome's Operating Income for the three months ended in Dec. 2023 was $4.3 Mil. NorthStar Healthcareome's Revenue for the three months ended in Dec. 2023 was $50.5 Mil. Therefore, NorthStar Healthcareome's Operating Margin % for the quarter that ended in Dec. 2023 was 8.54%.

NorthStar Healthcareome'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. NorthStar Healthcareome's annualized ROC % for the quarter that ended in Dec. 2023 was 1.74%. NorthStar Healthcareome's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.


NorthStar Healthcareome Operating Income Historical Data

The historical data trend for NorthStar Healthcareome'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.

NorthStar Healthcareome Operating Income Chart

NorthStar Healthcareome Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.13 0.16 -8.62 -13.03 12.04

NorthStar Healthcareome Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.28 0.93 3.08 3.72 4.32

NorthStar Healthcareome 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.0 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.


NorthStar Healthcareome  (OTCPK:NHHS) Operating Income Explanation

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

NorthStar Healthcareome's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=17.26 * ( 1 - -0.04% )/( (1034.696 + 953.307)/ 2 )
=17.266904/994.0015
=1.74 %

where

Invested Capital(Q: Sep. 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))
=1135.916 - 25.282 - ( 87.581 - max(0, 25.282 - 101.22+87.581))
=1034.696

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

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

NorthStar Healthcareome's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-251.752/( ( (0 + max(-11.643, 0)) + (0 + max(-7.055, 0)) )/ 2 )
=-251.752/( ( 0 + 0 )/ 2 )
=-251.752/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.253 + 0 + 11.386) - (25.282 + 0 + 0)
=-11.643

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.558 + 0 + 19.517) - (28.13 + 0 + 0)
=-7.055

When net working capital is negative, 0 is used.

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

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

NorthStar Healthcareome's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=4.315/50.533
=8.54 %

* 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.


NorthStar Healthcareome Operating Income Related Terms

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NorthStar Healthcareome (NorthStar Healthcareome) Business Description

Traded in Other Exchanges
N/A
Address
16 East 34th Street, 18th Floor, New York, NY, USA, 10016
NorthStar Healthcare Income Inc is a real estate investment trust. The trust is formed to acquire, originate and asset manage a diversified portfolio of equity, debt and securities investments in healthcare real estate, directly or through joint ventures, with a focus on the mid-acuity seniors housing sector, such as assisted living, memory care, skilled nursing and independent living facilities and continuing care retirement communities. It also invests in other healthcare property types, including medical office buildings, hospitals, rehabilitation facilities and ancillary healthcare services businesses. The trust operates in five segments namely Direct Investments - Net Lease; Direct Investments - Operating; Unconsolidated Investments; Debt and Securities Investments; and Corporate.
Executives
Ann Harrington officer: General Counsel and Secretary C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Kendall K Young officer: CEO and President 3760 KILROY AIRPORT WAY, SUITE 300, LONG BEACH CA 90806
Nicholas Balzo officer: Chief Financial Officer 201 COMMONS PARK S, UNIT 502, STAMFORD CT 06902
Paul Varisano officer: Chief Financial Officer 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Neale Redington officer: Chief Financial Officer C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Jonathan A. Carnella director C/O NORTHSTAR HEALTHCARE INCOME, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Richard S. Welch director, officer: Chairman C/O COLONY NORTHSTAR, INC., 515 S. FLOWER STREET, LOS ANGELES CA 90071
Smith Jack Fleming Jr. director C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Gregory A Samay director C/O NORTHSTAR HEALTHCARE INCOME INC, 399 PARK AVE 18TH FLOOR, NEW YORK NY 10022
Thomas Andrew Smith director 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Justin T Chang director, officer: Chairman 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Daniel Joseph Altobello director 6550 ROCK SPRING DR, SUITE 550, BETHESDA MD 20817
Robert C Gatenio director, officer: Vice Chairman C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Frank V Saracino officer: CFO and Treasurer 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Ronald J Jeanneault officer: CEO and President C/O NORTHSTAR HEALTHCARE INCOME, INC., 399 PARK AVENUE, 18TH FL, NEW YORK NY 10022

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