GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pacific Green Technologies Inc (OTCPK:PGTK) » Definitions » Operating Income

PGTK (Pacific Green Technologies) Operating Income : $-3.80 Mil (TTM As of Dec. 2023)


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

What is Pacific Green Technologies Operating Income?

Pacific Green Technologies's Operating Income for the three months ended in Dec. 2023 was $12.75 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.80 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pacific Green Technologies's Operating Income for the three months ended in Dec. 2023 was $12.75 Mil. Pacific Green Technologies's Revenue for the three months ended in Dec. 2023 was $85.96 Mil. Therefore, Pacific Green Technologies's Operating Margin % for the quarter that ended in Dec. 2023 was 14.83%.

Pacific Green 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. Pacific Green Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was 171.73%. Pacific Green Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2,706.91%.


Pacific Green Technologies Operating Income Historical Data

The historical data trend for Pacific Green 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.

Pacific Green Technologies Operating Income Chart

Pacific Green Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.23 9.71 -4.75 -3.20 -9.67

Pacific Green Technologies 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 -2.01 -2.26 -7.03 -7.26 12.75

Pacific Green 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.80 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.


Pacific Green Technologies  (OTCPK:PGTK) Operating Income Explanation

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

Pacific Green Technologies'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 )
=51.004 * ( 1 - 9.67% )/( (34.681 + 18.975)/ 2 )
=46.0719132/26.828
=171.73 %

where

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

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

Pacific Green Technologies'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 )
=53.448/( ( (0.924 + max(1.215, 0)) + (1.81 + max(-8.749, 0)) )/ 2 )
=53.448/( ( 2.139 + 1.81 )/ 2 )
=53.448/1.9745
=2,706.91 %

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)
=(0.794 + 1.207 + 17.2) - (7.957 + 9.612 + 0.417)
=1.215

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.52 + 0.881 + 5.647) - (10.236 + 5.166 + 0.395)
=-8.749

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 %:

Pacific Green Technologies'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 )
=12.751/85.962
=14.83 %

* 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.


Pacific Green Technologies Operating Income Related Terms

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


Pacific Green Technologies Business Description

Traded in Other Exchanges
N/A
Address
8 The Green, Suite 10212, Dover, DE, USA, 19901
Pacific Green Technologies Inc is engaged in developing emission control systems technology. The company design, manufactures, and implements flue gas emission control systems throughout the world. It offers a product such as ENVI-Marine for the marine industry, ENVI-Pure for the waste-to-energy and biomass industries, and ENVI-Clean is designed for coal-fired power electricity generation and industrial plants involved in steel generation. Geographically, it has a presence in North America, Asia, and Europe of which it derives a majority of its revenue from the Europe region.
Executives
Fresh Air Investments (canada) Ltd. 10 percent owner 409-221 W. ESPLANADE, NORTH VANCOUVER A1 V7M 3J3
Twynam Investments Proprietary Ltd 10 percent owner, other: Chief Financial Officer 226 LIVERPOOL STREET, DARLINGHURST, SYDNEY C3 2010
Richard Fraser-smith officer: Chief Financial Officer 7 NIGHTINGALE ROAD, HAMPTON, MIDDLESEX X0 TW12 3HU
Pacific Green Group Ltd 10 percent owner BISON COURT, ROAD TOWN, TORTOLA D8 0000
Alexander Shead director 10/50 BERRY STREET, NORTH SYDNEY NSW C3 0000
Chris Williams director 335A THORPE ROAD, PETERBOROUGH CAMBS X0 PE3 6LU
Andrew Jolly director SOPHIA HOUSE, 28 CATHEDRAL ROAD, CARDIFF X0 CF911 9LJ
Neil Carmichael director 5205 PROSPECT ROAD, SUITE 135 - 226, SAN JOSE CA 95129
Jordan Starkman director, officer: President/Secretary/Treasurer 5205 PROSPECT ROAD, SUITE 135 - 226, SAN JOSE CA 95129

Pacific Green Technologies Headlines

From GuruFocus