SNNC (Sibannac) Operating Income: $-0.12 Mil (TTM As of Feb. 2017)

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What is Sibannac Operating Income?

Sibannac SNNC +18.46% Operating Income is $-0.12 Mil as of Feb. 2017.

Sibannac's Operating Income for the three months ended in Feb. 2017 was $-0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2017 was $-0.12 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sibannac's Operating Income for the three months ended in Feb. 2017 was $-0.01 Mil. Sibannac's Revenue for the three months ended in Feb. 2017 was $0.00 Mil. Therefore, Sibannac's Operating Margin % for the quarter that ended in Feb. 2017 was %.

Sibannac'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. Sibannac's annualized ROC % for the quarter that ended in Feb. 2017 was -7.55%. Sibannac's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2017 was %.

Sibannac  (OTCPK:SNNC) Operating Income Explanation

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

Sibannac's annualized ROC % for the quarter that ended in Feb. 2017 is calculated as:

ROC % (Q: Feb. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2016 ) + Invested Capital (Q: Feb. 2017 ))/ count )
=-0.044 * ( 1 - 0% )/( (0.577 + 0.589)/ 2 )
=-0.044/0.583
=-7.55 %

where

Invested Capital(Q: Nov. 2016 )
=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))
=0.262 - 0.063 - ( 0.001 - max(0, 0.39 - 0.012+0.001))
=0.577

Invested Capital(Q: Feb. 2017 )
=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))
=0.262 - 0.069 - ( 0.012 - max(0, 0.408 - 0.012+0.012))
=0.589

Note: The Operating Income data used here is four times the quarterly (Feb. 2017) data.

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

Sibannac's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2016  Q: Feb. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.044/( ( (0 + max(-0.052, 0)) + (0 + max(-0.069, 0)) )/ 2 )
=-0.044/( ( 0 + 0 )/ 2 )
=-0.044/0
= %

where Working Capital is:

Working Capital(Q: Nov. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.012 + 0 + -0.001) - (0.063 + 0 + 0)
=-0.052

Working Capital(Q: Feb. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.069 + 0 + -5.5511151231258E-17)
=-0.069

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2017) EBIT data.

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

Sibannac's Operating Margin % for the quarter that ended in Feb. 2017 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2017 )/Revenue (Q: Feb. 2017 )
=-0.011/0
= %

* 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.

Sibannac Operating Income Related Terms

Sibannac Operating Income Historical Data

* Premium members only.

The historical data trend for Sibannac'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.

Sibannac Operating Income Chart

Sibannac Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Operating Income
Get a 7-Day Free Trial -0.22 -0.15 -0.07 -0.10 -0.13

Sibannac Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 -0.15 -0.04 0.01 -0.07 -0.01

Sibannac 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 Feb. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 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 $-0.12 Mil mean?
Sibannac (SNNC) has a Operating Income of $-0.12 Mil as of Feb. 2017. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sibannac and its competitors.
Is Sibannac's Operating Income too high?
Sibannac's current Operating Income is $-0.12 Mil.
How does Sibannac's Operating Income compare to LIVC and OTTV?
Sibannac's Operating Income of $-0.12 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Operating Income depends on the Drug Manufacturers 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 Sibannac and its competitors. Sibannac's current Operating Income is $-0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sibannac stock overvalued right now?
Sibannac (SNNC) has a current Operating Income of $-0.12 Mil. The current Operating Income is $-0.12 Mil. 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 Sibannac (SNNC), the current Operating Income is $-0.12 Mil as of Feb. 2017. 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.

Sibannac Business Description

Address 8657 N Caballo Circle, Paradise Valley, AZ, USA, 85253
Sibannac Inc is a cannabis research and development company with a portfolio of hemp beauty and body products, hemp animal care products, hemp clothing and accessories, and hemp paper and plastic products. Its products include oils, creams, lotions, treats, foods, shirts, pants, and dresses, and it also develops new hemp products. The group manufactures its products in Geneva, New York, and Charlotte, North Carolina. Its subsidiary business units include NOHO, Cherryology, and RaD8 Life, and associated brands include NOHO, Higher Times, Starwalker Cafe, The Meru Sky, consumer brands such as Converse, Titleist, FootJoy, Coca-Cola, Pepperidge Farm, and practitioner and nutraceutical brands including ChiroTouch, Emerson Ecologics, Reserveage, Gaia Herbs, Organic India, and NeoCell.