NRBT (Novus Robotics) Operating Income: $0.04 Mil (TTM As of Mar. 2019)

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NRBT Novus Robotics Inc NRBT
12 GF Score
Price $0.02
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What is Novus Robotics Operating Income?

Novus Robotics NRBT 12 Operating Income is $0.04 Mil as of Mar. 2019. GuruFocus rates NRBT with a GF Score™ of 12/100.

Novus Robotics's Operating Income for the three months ended in Mar. 2019 was $0.05 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2019 was $0.04 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Novus Robotics's Operating Income for the three months ended in Mar. 2019 was $0.05 Mil. Novus Robotics's Revenue for the three months ended in Mar. 2019 was $0.88 Mil. Therefore, Novus Robotics's Operating Margin % for the quarter that ended in Mar. 2019 was 5.69%.

Novus Robotics'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. Novus Robotics's annualized ROC % for the quarter that ended in Mar. 2019 was 39.45%. Novus Robotics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was 202.02%.

Novus Robotics  (OTCPK:NRBT) Operating Income Explanation

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

Novus Robotics's annualized ROC % for the quarter that ended in Mar. 2019 is calculated as:

ROC % (Q: Mar. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2018 ) + Invested Capital (Q: Mar. 2019 ))/ count )
=0.2 * ( 1 - 14.29% )/( (0.709 + 0.16)/ 2 )
=0.17142/0.4345
=39.45 %

where

Invested Capital(Q: Dec. 2018 )
=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))
=2.451 - 0.47 - ( 1.309 - max(0, 1.085 - 2.357+1.309))
=0.709

Invested Capital(Q: Mar. 2019 )
=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))
=2.038 - 0.522 - ( 1.477 - max(0, 0.578 - 1.934+1.477))
=0.16

Note: The Operating Income data used here is four times the quarterly (Mar. 2019) data.

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

Novus Robotics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2018  Q: Mar. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.2/( ( (0.094 + max(-0.104, 0)) + (0.104 + max(-0.178, 0)) )/ 2 )
=0.2/( ( 0.094 + 0.104 )/ 2 )
=0.2/0.099
=202.02 %

where Working Capital is:

Working Capital(Q: Dec. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.5 + 0.422 + 0.059) - (0.47 + 0.587 + 0.028)
=-0.104

Working Capital(Q: Mar. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.308 + 0.008 + 0.084) - (0.522 + 0.015 + 0.041)
=-0.178

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2019) EBIT data.

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

Novus Robotics's Operating Margin % for the quarter that ended in Mar. 2019 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2019 )/Revenue (Q: Mar. 2019 )
=0.05/0.879
=5.69 %

* 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.

Novus Robotics Operating Income Related Terms

Novus Robotics Operating Income Historical Data

* Premium members only.

The historical data trend for Novus Robotics'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.

Novus Robotics Operating Income Chart

Novus Robotics Annual Data
Trend May09 May10 May11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 -0.34 -0.29 1.54 0.11

Novus Robotics Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.12 0.14 -0.18 0.03 0.05
NRBT
12GF Score
Novus Robotics Inc NRBT
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Novus Robotics 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 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 $0.04 Mil mean?
Novus Robotics (NRBT) has a Operating Income of $0.04 Mil as of Mar. 2019. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Novus Robotics and its competitors.
Is Novus Robotics' Operating Income too high?
Novus Robotics' current Operating Income is $0.04 Mil. Overall, Novus Robotics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Novus Robotics' Operating Income compare to SEII?
Novus Robotics' Operating Income of $0.04 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Novus Robotics and its competitors. Novus Robotics's current Operating Income is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Robotics stock overvalued right now?
Novus Robotics (NRBT) has a current Operating Income of $0.04 Mil. The current Operating Income is $0.04 Mil. Novus Robotics' overall GF Score™ is 12/100. 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 Novus Robotics (NRBT), the current Operating Income is $0.04 Mil as of Mar. 2019. 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.

Novus Robotics Business Description

Address 7669 Kimbel Street, Mississauga, ON, CAN, L5S 1A7
Novus Robotics Inc is involved in engineering, designing, and manufacturing robotics and automation solutions for tube forming machines. It provides state of the art technology for the Automotive Industry in passenger seating and for Aluminum applications for automotive panels and bumpers. The company also makes precision components using its manufacturing systems, knowledge, and technology.
12GF 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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