GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Puradyn Filter Technologies Inc (OTCPK:PFTI) » Definitions » Operating Income

Puradyn Filter Technologies (Puradyn Filter Technologies) Operating Income : $-1.21 Mil (TTM As of Dec. 2019)


View and export this data going back to 2005. Start your Free Trial

What is Puradyn Filter Technologies Operating Income?

Puradyn Filter Technologies's Operating Income for the three months ended in Dec. 2019 was $-0.39 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2019 was $-1.21 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Puradyn Filter Technologies's Operating Income for the three months ended in Dec. 2019 was $-0.39 Mil. Puradyn Filter Technologies's Revenue for the three months ended in Dec. 2019 was $0.25 Mil. Therefore, Puradyn Filter Technologies's Operating Margin % for the quarter that ended in Dec. 2019 was -158.87%.

Puradyn Filter Technologies'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. Puradyn Filter Technologies's annualized ROC % for the quarter that ended in Dec. 2019 was -39.05%. Puradyn Filter Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -204.93%.


Puradyn Filter Technologies Operating Income Historical Data

The historical data trend for Puradyn Filter Technologies'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.

Puradyn Filter Technologies Operating Income Chart

Puradyn Filter Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.15 -1.10 -0.96 0.22 -1.21

Puradyn Filter Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -0.09 -0.27 -0.26 -0.29 -0.39

Puradyn Filter Technologies 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.21 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.


Puradyn Filter Technologies  (OTCPK:PFTI) Operating Income Explanation

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

Puradyn Filter Technologies's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

ROC % (Q: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2019 ) + Invested Capital (Q: Dec. 2019 ))/ count )
=-1.576 * ( 1 - 0% )/( (3.924 + 4.148)/ 2 )
=-1.576/4.036
=-39.05 %

where

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

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

Puradyn Filter Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2019  Q: Dec. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.664/( ( (0.834 + max(-1.244, 0)) + (0.79 + max(-1.493, 0)) )/ 2 )
=-1.664/( ( 0.834 + 0.79 )/ 2 )
=-1.664/0.812
=-204.93 %

where Working Capital is:

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.015 + 1.069 + 0.045) - (0.881 + 1.492 + 0)
=-1.244

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.012 + 0.923 + 0.026) - (0.912 + 1.542 + -4.4408920985006E-16)
=-1.493

When net working capital is negative, 0 is used.

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

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

Puradyn Filter Technologies's Operating Margin % for the quarter that ended in Dec. 2019 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2019 )/Revenue (Q: Dec. 2019 )
=-0.394/0.248
=-158.87 %

* 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.


Puradyn Filter Technologies Operating Income Related Terms

Thank you for viewing the detailed overview of Puradyn Filter Technologies's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Puradyn Filter Technologies (Puradyn Filter Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc involves in designing manufactures and distributes Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid and gaseous contaminants from the oil through filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
Executives
Kevin G Kroger director, officer: President, Chief Operating Off 4305 CHERRY HILL E. ORCHARD LAKE MI 48323
Edward Vittoria director, 10 percent owner, officer: Chief Executive Officer C/O 2017 HIGH RIDGE ROAD BOYNTON BEACH FL 33426
John S Caldwell director 7902 SOUTH RUN VIEW, SPRINGFIELD VA 22153
Joseph V Vittoria director, 10 percent owner, officer: Executive Chairman of Board P O BOX 66100 WHQLD CHICAGO IL 60666
Alan J Sandler officer: Vice President and CAO 21621 MAGDALENA TERRACE BOCA RATON FL 33433
Dominick A Telesco director 150 VIA BELLARIA PALM BEACH FL 33480
Forrest Duane Hayes other: Former director 56 WEXFORD ON THE GREEN HILTON HEAD ISLAND SC 29928
Charles W Walton director 25800 SCIENCE PARK DRIVE, SUITE 140 BEACHWOOD OH 44122
Cindy Lea Gimler officer: Chief Financial Officer 10779 CAMBAY CIRCLE BOYNTON BEACH FL 33437
Kathryn Ann Morris other: Director of Corp Communic. 52 BAYTREE CIRCLE BOYNTON BEACH FL 33436
Doris W Clifton officer: VP Sales and Marketing 7298 WILLIAMSON RD DALLAS TX 75214
Richard C Ford director, 10 percent owner
Glenhill Advisors Llc 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenn J Krevlin 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Peter H Stephaich director 525 WILLIAM PENN PL STE 3901 PITTSBURGH PA 15219

Puradyn Filter Technologies (Puradyn Filter Technologies) Headlines