TMBXF (Tombstone Exploration) Operating Income : $-1.04 Mil (TTM As of Dec. 2021)

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

What is Tombstone Exploration Operating Income?

Tombstone Exploration's Operating Income for the six months ended in Dec. 2021 was $-1.04 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2021 was $-1.04 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Tombstone Exploration's Operating Income for the six months ended in Dec. 2021 was $-1.04 Mil. Tombstone Exploration's Revenue for the six months ended in Dec. 2021 was $0.00 Mil. Therefore, Tombstone Exploration's Operating Margin % for the quarter that ended in Dec. 2021 was %.

Tombstone Exploration'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. Tombstone Exploration's annualized ROC % for the quarter that ended in Dec. 2021 was -32.33%. Tombstone Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was -182,500.00%.

Tombstone Exploration Operating Income Historical Data

The historical data trend for Tombstone Exploration'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.

Tombstone Exploration Operating Income Chart

Tombstone Exploration Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Operating Income

Get a 7-Day Free Trial

-0.83

-0.52

-1.04

-1.39

-1.04

Tombstone Exploration Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Operating Income	Get a 7-Day Free Trial															-0.83	-0.52	-1.04	-1.39	-1.04

Tombstone Exploration 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2021 was $-1.04 Mil.

Tombstone Exploration (OTCPK:TMBXF) Operating Income Explanation

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

Tombstone Exploration's annualized ROC % for the quarter that ended in Dec. 2021 is calculated as:

	ROC % (Q: Dec. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2020 )	+	Invested Capital (Q: Dec. 2021 ))	/ count )
=	-1.042 * ( 1 - 0% )	/	( (3.176	+	3.27)	/ 2 )
=	-1.042	/	3.223
=	-32.33 %

where

	Invested Capital		(Q: Dec. 2020 )
=	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	))
=	3.053	-	0.247	-	( 0.176	-	max(0, 0.546	-	0.176	+	0.176	))
=	3.176

	Invested Capital		(Q: Dec. 2021 )
=	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	))
=	3.04	-	0.268	-	( 0.167	-	max(0, 0.845	-	0.347	+	0.167	))
=	3.27

Note: The Operating Income data used here is one times the annual (Dec. 2021) data.

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

Tombstone Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2020		Q: Dec. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.825	/	( ( (0.001 + max(-0.247, 0))	+	(0.001 + max(-0.267, 0)) )	/	2 )
=	-1.825	/	( ( 0.001	+	0.001 )	/	2 )
=	-1.825	/	0.001
=	-182,500.00 %

where Working Capital is:

	Working Capital		(Q: Dec. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.247	+	0	+	0)
=	-0.247

	Working Capital		(Q: Dec. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.268	+	0	+	-0.001)
=	-0.267

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2021) EBIT data.

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

Tombstone Exploration's Operating Margin % for the quarter that ended in Dec. 2021 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	-1.042	/	0
	=	%

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.

Tombstone Exploration Operating Income Related Terms

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

Tombstone Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tombstone Exploration Corp (OTCPK:TMBXF) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

6529 E. Friess Drive, Scottsdale, AZ, USA, 85254

Website

https://www.tombstonemining.com

Tombstone Exploration Corp is an exploration-stage mineral resource company. Its focus of operations has been to generate revenue from the production of silver and gold as well as additional base minerals such as copper, lead, and zinc. The company's objective is to produce metals and minerals below standard industry costs. It holds mineral rights to the Stardust mine located in Yuma County, Arizona. The company's projects include The Bonanza Project, The Tombstone Project, and the Stardust Project.