TSMI (Total Sports Media) Operating Income: $-0.78 Mil (TTM As of May. 2017)

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What is Total Sports Media Operating Income?

Total Sports Media TSMI Operating Income is $-0.78 Mil as of May. 2017.

Total Sports Media's Operating Income for the three months ended in May. 2017 was $-0.17 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2017 was $-0.78 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Total Sports Media's Operating Income for the three months ended in May. 2017 was $-0.17 Mil. Total Sports Media's Revenue for the three months ended in May. 2017 was $0.03 Mil. Therefore, Total Sports Media's Operating Margin % for the quarter that ended in May. 2017 was -600.00%.

Total Sports Media'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. Total Sports Media's annualized ROC % for the quarter that ended in May. 2017 was -10.83%. Total Sports Media's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2017 was -2,221.54%.


Total Sports Media  (OTCPK:TSMI) Operating Income Explanation

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

Total Sports Media's annualized ROC % for the quarter that ended in May. 2017 is calculated as:

ROC % (Q: May. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2017 ) + Invested Capital (Q: May. 2017 ))/ count )
=-0.672 * ( 1 - 0% )/( (5.944 + 6.469)/ 2 )
=-0.672/6.2065
=-10.83 %

where

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

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

Total Sports Media's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2017  Q: May. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.888/( ( (0.16 + max(-4.379, 0)) + (0.1 + max(-5.077, 0)) )/ 2 )
=-2.888/( ( 0.16 + 0.1 )/ 2 )
=-2.888/0.13
=-2,221.54 %

where Working Capital is:

Working Capital(Q: Feb. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.024 + 0 + 0) - (1.833 + 0 + 2.57)
=-4.379

Working Capital(Q: May. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.018 + 0 + 0) - (1.972 + 0 + 3.123)
=-5.077

When net working capital is negative, 0 is used.

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

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

Total Sports Media's Operating Margin % for the quarter that ended in May. 2017 is calculated as:

Operating Margin %=Operating Income (Q: May. 2017 )/Revenue (Q: May. 2017 )
=-0.168/0.028
=-600.00 %

* 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.


Total Sports Media Operating Income Related Terms


Total Sports Media Operating Income Historical Data

* Premium members only.

The historical data trend for Total Sports Media'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.

Total Sports Media Operating Income Chart

Total Sports Media Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Operating Income
Get a 7-Day Free Trial Premium Member Only -1.33 -2.41 -0.66 -0.88 -0.91

Total Sports Media Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
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 -0.27 -0.19 -0.24 -0.18 -0.17

Total Sports Media 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 May. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.78 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 $-0.78 Mil mean?
Total Sports Media (TSMI) has a Operating Income of $-0.78 Mil as of May. 2017. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Total Sports Media and its competitors.
Is Total Sports Media's Operating Income too high?
Total Sports Media's current Operating Income is $-0.78 Mil.
How does Total Sports Media's Operating Income compare to ASKH and AFOM?
Total Sports Media's Operating Income of $-0.78 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Operating Income depends on the Media - Diversified 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 Total Sports Media and its competitors. Total Sports Media's current Operating Income is $-0.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Total Sports Media stock overvalued right now?
Total Sports Media (TSMI) has a current Operating Income of $-0.78 Mil. The current Operating Income is $-0.78 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 Total Sports Media (TSMI), the current Operating Income is $-0.78 Mil as of May. 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.

Total Sports Media Business Description

Address 5662 Calle Real, Suite 231, Goleta, CA, USA, 93117
Total Sports Media Inc is a digital media and technology services company. The company provides advertising and streaming services through its RadioLoyalty platform. It serves mobile broadcasters, the internet, and terrestrial radio stations as well as other broadcast content providers. All of the company's principal operations are located in Goleta, California. Its revenue is principally derived from advertising services.