GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Strategic Acquisitions Inc (OTCPK:STQN) » Definitions » Operating Income

Strategic Acquisitions (Strategic Acquisitions) Operating Income : $-0.11 Mil (TTM As of Mar. 2024)


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

What is Strategic Acquisitions Operating Income?

Strategic Acquisitions's Operating Income for the three months ended in Mar. 2024 was $-0.03 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.11 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Strategic Acquisitions's Operating Income for the three months ended in Mar. 2024 was $-0.03 Mil. Strategic Acquisitions's Revenue for the three months ended in Mar. 2024 was $0.01 Mil. Therefore, Strategic Acquisitions's Operating Margin % for the quarter that ended in Mar. 2024 was -235.71%.

Strategic Acquisitions'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. Strategic Acquisitions's annualized ROC % for the quarter that ended in Mar. 2024 was -1.87%. Strategic Acquisitions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.48%.


Strategic Acquisitions Operating Income Historical Data

The historical data trend for Strategic Acquisitions'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.

Strategic Acquisitions Operating Income Chart

Strategic Acquisitions 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 -0.09 -0.05 -0.02 - -0.12

Strategic Acquisitions 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 -0.05 -0.02 -0.02 -0.03 -0.03

Strategic Acquisitions 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 $-0.11 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.


Strategic Acquisitions  (OTCPK:STQN) Operating Income Explanation

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

Strategic Acquisitions'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 )
=-0.132 * ( 1 - 0% )/( (5.606 + 8.476)/ 2 )
=-0.132/7.041
=-1.87 %

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:

Strategic Acquisitions'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 )
=-0.14/( ( (0 + max(4.219, 0)) + (0 + max(7.09, 0)) )/ 2 )
=-0.14/( ( 4.219 + 7.09 )/ 2 )
=-0.14/5.6545
=-2.48 %

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 + 4.232) - (0.012 + 0 + 0.00099999999999989)
=4.219

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 7.125) - (0.035 + 0 + 2.2204460492503E-16)
=7.09

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 %:

Strategic Acquisitions'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 )
=-0.033/0.014
=-235.71 %

* 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.


Strategic Acquisitions Operating Income Related Terms

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


Strategic Acquisitions (Strategic Acquisitions) Business Description

Traded in Other Exchanges
N/A
Address
51 JFK Parkway, Suite 135, Short Hills, NJ, USA, 07078
Strategic Acquisitions Inc is engaged in providing loans collateralized by digital assets. The firm's platform under development will facilitate the origination and servicing of digital asset-backed loans and will consist of a customer-facing website, a mobile application, and a loan management system used to monitor the loans made by the firm. The Platform will provide an integrated service for the origination, documentation, and servicing of collateralized loans.
Executives
Exworth Management Llc 10 percent owner 51 JFK PARKWAY, 1ST FLOOR WEST #135, SHORT HILLS NJ 07078
Yuanyuan Huang director, officer: Secretary and Treasurer 51 JFK PARKWAY SUITE 135, SHORT HILLS NJ 07078
Wei Huang director 3303 BELMONT RIVER LN, KATY TX 77494
Jonathan Braun director 1459 SHUNPIKE RD., CAMBRIDGE NY 12816
John P Oshea director, officer: President C/O WESTMINSTER SECURITIES CORP, 100 WALL ST, 7TH FLOOR, NEW YORK NY 10005
Nextcoal International, Inc. 10 percent owner 1459 SHUNPIKE ROAD, CAMBRIDGE NY 12816
Marika Xirouhakis director, officer: Secretary 100 WALL ST, 7TH FL, NEW YORK NY 10005
Deborah A Salerno other: Exiting 10% Owner 75 MAIDEN LANE SUITE 214, NEW YORK NY 10280
Victor Edwin Stewart other: Resigning Director
Richard S Kaye other: Resigning Director

Strategic Acquisitions (Strategic Acquisitions) Headlines

No Headlines