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Scandium International Mining (Scandium International Mining) Operating Income : $-0.83 Mil (TTM As of Mar. 2024)


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What is Scandium International Mining Operating Income?

Scandium International Mining's Operating Income for the three months ended in Mar. 2024 was $-0.10 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.83 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Scandium International Mining's Operating Income for the three months ended in Mar. 2024 was $-0.10 Mil. Scandium International Mining's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Scandium International Mining's Operating Margin % for the quarter that ended in Mar. 2024 was %.

Scandium International Mining'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. Scandium International Mining's annualized ROC % for the quarter that ended in Mar. 2024 was -40.39%. Scandium International Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -58.52%.


Scandium International Mining Operating Income Historical Data

The historical data trend for Scandium International Mining'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.

Scandium International Mining Operating Income Chart

Scandium International Mining 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 -1.95 -1.74 -1.59 -0.72 -0.91

Scandium International Mining 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 -0.18 -0.25 -0.14 -0.35 -0.10

Scandium International Mining 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 $-0.83 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.


Scandium International Mining  (OTCPK:SCYYF) Operating Income Explanation

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

Scandium International Mining'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 )
=-0.412 * ( 1 - 0% )/( (0.998 + 1.042)/ 2 )
=-0.412/1.02
=-40.39 %

where

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

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

Scandium International Mining'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 )
=-0.412/( ( (0.704 + max(-0.349, 0)) + (0.704 + max(-0.374, 0)) )/ 2 )
=-0.412/( ( 0.704 + 0.704 )/ 2 )
=-0.412/0.704
=-58.52 %

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)
=(0 + 0 + 0) - (0.066 + 0 + 0.283)
=-0.349

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.047 + 0 + 0.327)
=-0.374

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 %:

Scandium International Mining'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 )
=-0.103/0
= %

* 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.


Scandium International Mining Operating Income Related Terms

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Scandium International Mining (Scandium International Mining) Business Description

Traded in Other Exchanges
Address
1390 Ione Pass Trail, Reno, NV, USA, 89523
Scandium International Mining Corp is a mineral exploration and development company. The company is focused on the development of scandium, rare earth minerals, and other specialty metals, including nickel, cobalt, boron, manganese, tantalum, titanium, and zirconium. Its principal project is the Nyngan Scandium Project located in New South Wales, Australia. The company also operates the Honeybugle Scandium Project.
Executives
Peter Banghart Evensen director C/O SCANDIUM INTERNATIONAL MINING CORP., 1430 GREG STREET, SUITE 501, SPARKS NV 89431
Rolf Christian Evensen director C/O SCANDIUM INTERNATIONAL MINING CORP., 1430 GREG STREET, SUITE 501, SPARKS NV 89431
Scandium Investments Llc 10 percent owner C/O SHENASSA & COMPANY, 11620 WILSHIRE BLVD., SUITE 460, LOS ANGELES CA 90025
Nigel J. Ricketts officer: Vice President 453 GEORGE HOLT DRIVE, MT CROSBY, QLD C3 4306
Andrew Carlyle Greig director 1 MACQUARIE ST, TENERIFFE, QLD C3 4005
James Richard Rothwell director 472 S STATE STREET, SUITE 201, BELLINGHAM WA 98225
Kudu Partners Lp 10 percent owner 2310 N. MOLTER ROAD, #309, LIBERTY LAKE WA 99019
Adam Knight officer: Vice President 552 12TH STREET, ELKO NV 89801
John Grubb director 8325 OLD AZTEC HIGHWAY, FLORA VISTA NM 87415
Warren K. Davis director 10553 SNOW SHOE CIRCLE, TRUCKEE CA 96161
Edward H Dickinson officer: Chief Financial Officer 1430 GREG ST. STE. 501, SPARKS NV 89431
Daniel E Wolfus director 10350 WILSHIRE BLVD, #1604, LOS ANGELES CA 90024
Michael C. O'brien officer: CFO 888 DUNSMUIR STREET, 11TH FLOOR, VANCOUVER A1 V6C 3K4
Barry T. Davies director #502 - 1430 GREY STREET, SPARKS NV 89431
George F. Putnam director, officer: CEO & President #502 - 1430 GREG STREET, SPARKS NV 89431