Cannabis Strategic Ventures (Cannabis Strategic Ventures) Operating Income : $-8.38 Mil (TTM As of Jun. 2020)

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What is Cannabis Strategic Ventures Operating Income?

Cannabis Strategic Ventures's Operating Income for the three months ended in Jun. 2020 was $-1.42 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2020 was $-8.38 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Cannabis Strategic Ventures's Operating Income for the three months ended in Jun. 2020 was $-1.42 Mil. Cannabis Strategic Ventures's Revenue for the three months ended in Jun. 2020 was $3.37 Mil. Therefore, Cannabis Strategic Ventures's Operating Margin % for the quarter that ended in Jun. 2020 was -42.01%.

Cannabis Strategic Ventures'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. Cannabis Strategic Ventures's annualized ROC % for the quarter that ended in Jun. 2020 was -20.11%. Cannabis Strategic Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 was -40.54%.

Cannabis Strategic Ventures Operating Income Historical Data

The historical data trend for Cannabis Strategic Ventures'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.

Cannabis Strategic Ventures Operating Income Chart

Cannabis Strategic Ventures Annual Data

Trend

Dec13

Dec14

Mar16

Mar17

Mar18

Mar19

Mar20

Operating Income

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-0.10

-0.02

-5.58

-21.12

-6.96

Cannabis Strategic Ventures Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Operating Income	Get a 7-Day Free Trial															-2.13	-4.16	-1.25	-1.55	-1.42

Cannabis Strategic Ventures 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 Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.38 Mil.

Cannabis Strategic Ventures (OTCPK:NUGS) Operating Income Explanation

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

Cannabis Strategic Ventures's annualized ROC % for the quarter that ended in Jun. 2020 is calculated as:

	ROC % (Q: Jun. 2020 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2020 )	+	Invested Capital (Q: Jun. 2020 ))	/ count )
=	-5.668 * ( 1 - 0% )	/	( (27.795	+	28.579)	/ 2 )
=	-5.668	/	28.187
=	-20.11 %

where

	Invested Capital		(Q: Mar. 2020 )
=	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	))
=	17.738	-	1.371	-	( 0.488	-	max(0, 15.891	-	4.463	+	0.488	))
=	27.795

	Invested Capital		(Q: Jun. 2020 )
=	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	))
=	17.357	-	1.251	-	( 0.457	-	max(0, 17.027	-	4.554	+	0.457	))
=	28.579

Note: The Operating Income data used here is four times the quarterly (Jun. 2020) data.

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

Cannabis Strategic Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2020 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2020		Q: Jun. 2020
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-5.588	/	( ( (12.075 + max(1.83, 0))	+	(11.586 + max(2.076, 0)) )	/	2 )
=	-5.588	/	( ( 13.905	+	13.662 )	/	2 )
=	-5.588	/	13.7835
=	-40.54 %

where Working Capital is:

	Working Capital		(Q: Mar. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.761	+	2.993	+	0.137)	-	(1.371	+	0	+	0.69)
=	1.83

	Working Capital		(Q: Jun. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.948	+	2.955	+	0.111)	-	(1.251	+	0	+	0.687)
=	2.076

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2020) EBIT data.

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

Cannabis Strategic Ventures's Operating Margin % for the quarter that ended in Jun. 2020 is calculated as:

Operating Margin %	=	Operating Income (Q: Jun. 2020 )	/	Revenue (Q: Jun. 2020 )
	=	-1.417	/	3.373
	=	-42.01 %

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.

Cannabis Strategic Ventures Operating Income Related Terms

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Cannabis Strategic Ventures (Cannabis Strategic Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cannabis Strategic Ventures (OTCPK:NUGS) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

9350 Wilshire Boulevard, Suite 203, Beverly Hills, CA, USA, 90212

Website

https://www.cannabisstrategic.com

Cannabis Strategic Ventures focuses on the medical and legal recreational cannabis sector. It provides temporary, permanent, and long-term staffing solutions, employment and human resources consulting to the legal Cannabis sector.

Executives

Gordon Samson	director, officer: Chief Financial Officer	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Dane Brown	director, officer: VP, Corporate Development	9595 WILSHIRE BOULEVARD, SUITE 900 BEVERLY HILLS CA 90212
Christopher G Foster	director, officer: CFO, Secretary & Treasurer	5151 E. BROADWAY, SUITE 1600, TUCSON AZ 85711
Robert Hoegler	director, 10 percent owner, officer: President	#604 7040 GRANVILLE AVENUE RICHMOND A1 V6Y 3W5
Floyd Flaman	director, 10 percent owner, officer: SECRETARY/TREASURER	5621 52ND STREET DELTA A1 V4K 2C7
Scott Marshall	director, 10 percent owner, officer: President	2435 WEST 7TH AVENUE VANCOUVER A1 00000