RIBT (RiceBran Technologies) Operating Income: $-6.03 Mil (TTM As of Mar. 2024)


RIBT RiceBran Technologies RIBT
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What is RiceBran Technologies Operating Income?

RiceBran Technologies RIBT +100.00% 12 Operating Income is $-6.03 Mil as of Mar. 2024. GuruFocus rates RIBT with a GF Score™ of 12/100.

RiceBran Technologies's Operating Income for the three months ended in Mar. 2024 was $-1.20 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-6.03 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. RiceBran Technologies's Operating Income for the three months ended in Mar. 2024 was $-1.20 Mil. RiceBran Technologies's Revenue for the three months ended in Mar. 2024 was $2.12 Mil. Therefore, RiceBran Technologies's Operating Margin % for the quarter that ended in Mar. 2024 was -56.47%.

RiceBran 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. RiceBran Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was -98.52%. RiceBran Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -154.42%.

RiceBran Technologies  (OTCPK:RIBT) Operating Income Explanation

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

RiceBran Technologies's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-4.78 * ( 1 - 0% )/( (6.718 + 2.986)/ 2 )
=-4.78/4.852
=-98.52 %

where

Invested Capital(Q: Dec. 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))
=9.322 - 6.75 - ( 1.139 - max(0, 8.96 - 4.814+1.139))
=6.718

Invested Capital(Q: Mar. 2024 )
=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))
=5.054 - 5.432 - ( 0.448 - max(0, 6.188 - 2.824+0.448))
=2.986

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

RiceBran Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.804/( ( (4.238 + max(-3.075, 0)) + (1.984 + max(-3.006, 0)) )/ 2 )
=-4.804/( ( 4.238 + 1.984 )/ 2 )
=-4.804/3.111
=-154.42 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.824 + 0.543 + 0.308) - (6.75 + 0 + 0)
=-3.075

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.5 + 0.417 + 0.459) - (5.432 + 0 + -0.050000000000001)
=-3.006

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

RiceBran Technologies's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-1.195/2.116
=-56.47 %

* 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.

RiceBran Technologies Operating Income Related Terms

RiceBran Technologies Operating Income Historical Data

* Premium members only.

The historical data trend for RiceBran 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.

RiceBran Technologies Operating Income Chart

RiceBran Technologies 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 -14.56 -10.44 -6.65 -6.16 -6.36

RiceBran Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.17 -1.62 -1.73 -1.49 -1.20
RIBT
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RiceBran Technologies RIBT
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RiceBran 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.03 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 $-6.03 Mil mean?
RiceBran Technologies (RIBT) has a Operating Income of $-6.03 Mil as of Mar. 2024. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on RiceBran Technologies and its competitors.
Is RiceBran Technologies' Operating Income too high?
RiceBran Technologies' current Operating Income is $-6.03 Mil. Overall, RiceBran Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does RiceBran Technologies' Operating Income compare to KHC and GIS?
RiceBran Technologies' Operating Income of $-6.03 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 RiceBran Technologies and its competitors. RiceBran Technologies's current Operating Income is $-6.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiceBran Technologies stock overvalued right now?
RiceBran Technologies (RIBT) has a current Operating Income of $-6.03 Mil. The current Operating Income is $-6.03 Mil. RiceBran Technologies' 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 RiceBran Technologies (RIBT), the current Operating Income is $-6.03 Mil as of Mar. 2024. 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.

RiceBran Technologies Business Description

Address 25420 Kuykendahl Road, Suite B300, Tomball, TX, USA, 77375
RiceBran Technologies is a specialty ingredient company focused on developing, producing, and marketing products derived from traditional and ancient small grains. It creates and produces products utilizing proprietary processes to deliver improved nutrition, ease of use, and extended shelf-life, while addressing consumer demand for all-natural, non-GMO, and organic products. Its existing and target customers are food and animal nutrition manufacturers, wholesalers, and retailers domestically and internationally. Its products includes Rice Bran and Grain Products.
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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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