SRLZF (Salazar Resources) Operating Income: $-1.02 Mil (TTM As of Dec. 2025)

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SRLZF Salazar Resources Ltd SRLZF
31 GF Score
Price $0.19
! 2 Warning Signs
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What is Salazar Resources Operating Income?

Salazar Resources SRLZF +13.29% 31 Operating Income is $-1.02 Mil as of Dec. 2025. GuruFocus rates SRLZF with a GF Score™ of 31/100. The stock has 2 warning signs investors should review.

Salazar Resources's Operating Income for the three months ended in Dec. 2025 was $-0.30 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.02 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Salazar Resources's Operating Income for the three months ended in Dec. 2025 was $-0.30 Mil. Salazar Resources's Revenue for the three months ended in Dec. 2025 was $0.00 Mil. Therefore, Salazar Resources's Operating Margin % for the quarter that ended in Dec. 2025 was %.

Salazar Resources'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. Salazar Resources's annualized ROC % for the quarter that ended in Dec. 2025 was -7.58%. Salazar Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -20.58%.


Salazar Resources  (OTCPK:SRLZF) Operating Income Explanation

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

Salazar Resources's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-1.208 * ( 1 - 0% )/( (15.398 + 16.467)/ 2 )
=-1.208/15.9325
=-7.58 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Salazar Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.208/( ( (5.236 + max(0.059, 0)) + (6.444 + max(-1.024, 0)) )/ 2 )
=-1.208/( ( 5.295 + 6.444 )/ 2 )
=-1.208/5.8695
=-20.58 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.095 + 0.33 + 0.047) - (0.413 + 0 + 0)
=0.059

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.043 + 0.326 + 0.117) - (1.51 + 0 + 0)
=-1.024

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Salazar Resources's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-0.302/0
= %

* 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.


Salazar Resources Operating Income Related Terms


Salazar Resources Operating Income Historical Data

* Premium members only.

The historical data trend for Salazar Resources'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.

Salazar Resources Operating Income Chart

Salazar Resources 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 -1.84 -1.16 -1.43 -0.81 -1.67

Salazar Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 -0.22 -0.33 -0.39 -0.33 -0.30
SRLZF
31GF Score
Salazar Resources Ltd SRLZF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Salazar Resources 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.02 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 $-1.02 Mil mean?
Salazar Resources (SRLZF) has a Operating Income of $-1.02 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Salazar Resources and its competitors.
Is Salazar Resources' Operating Income too high?
Salazar Resources' current Operating Income is $-1.02 Mil. Overall, Salazar Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Salazar Resources' Operating Income compare to competitors?
Salazar Resources' Operating Income of $-1.02 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Operating Income depends on the Metals & Mining 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 Salazar Resources and its competitors. Salazar Resources's current Operating Income is $-1.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salazar Resources stock overvalued right now?
Salazar Resources (SRLZF) has a current Operating Income of $-1.02 Mil. The current Operating Income is $-1.02 Mil. Salazar Resources' overall GF Score™ is 31/100 with 2 warning signs to review. 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 Salazar Resources (SRLZF), the current Operating Income is $-1.02 Mil as of Dec. 2025. 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.

Salazar Resources Business Description

Other Exchanges CCG:GermanySRL:Canada
Address 1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Salazar Resources Ltd is a Canada based junior mineral exploration company engaged in the acquisition and exploration of mineral properties located in Latin America. Its projects include Curipamba and Ruminahui. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets. The Company's exploration and evaluation assets are located in Ecuador and its corporate assets are located in Canada.
31GF Score

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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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