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Boundary Gold and Copper Mining (TSXV:BDGC.H) Operating Income : C$-0.22 Mil (TTM As of Feb. 2024)


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What is Boundary Gold and Copper Mining Operating Income?

Boundary Gold and Copper Mining's Operating Income for the three months ended in Feb. 2024 was C$-0.04 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2024 was C$-0.22 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Boundary Gold and Copper Mining's Operating Income for the three months ended in Feb. 2024 was C$-0.04 Mil. Boundary Gold and Copper Mining's Revenue for the three months ended in Feb. 2024 was C$0.00 Mil. Therefore, Boundary Gold and Copper Mining's Operating Margin % for the quarter that ended in Feb. 2024 was %.

Boundary Gold and Copper Mining'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. Boundary Gold and Copper Mining's annualized ROC % for the quarter that ended in Feb. 2024 was -20.99%. Boundary Gold and Copper Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -27.20%.


Boundary Gold and Copper Mining Operating Income Historical Data

The historical data trend for Boundary Gold and Copper Mining'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.

Boundary Gold and Copper Mining Operating Income Chart

Boundary Gold and Copper Mining Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.03 -0.78 -0.80 -0.31 -0.25

Boundary Gold and Copper Mining Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.06 -0.06 -0.07 -0.05 -0.04

Boundary Gold and Copper Mining 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.22 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.


Boundary Gold and Copper Mining  (TSXV:BDGC.H) Operating Income Explanation

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

Boundary Gold and Copper Mining's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=-0.176 * ( 1 - 0% )/( (0.837 + 0.84)/ 2 )
=-0.176/0.8385
=-20.99 %

where

Note: The Operating Income data used here is four times the quarterly (Feb. 2024) data.

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

Boundary Gold and Copper Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.176/( ( (0.647 + max(-0.976, 0)) + (0.647 + max(-0.977, 0)) )/ 2 )
=-0.176/( ( 0.647 + 0.647 )/ 2 )
=-0.176/0.647
=-27.20 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.977 + 0 + -0.0010000000000001)
=-0.976

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.977 + 0 + 0)
=-0.977

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

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

Boundary Gold and Copper Mining's Operating Margin % for the quarter that ended in Feb. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=-0.044/0
= %

* 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.


Boundary Gold and Copper Mining Operating Income Related Terms

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Boundary Gold and Copper Mining (TSXV:BDGC.H) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Boundary Gold and Copper Mining Ltd is a resource exploration company. It is engaged in the business activity of acquiring and exploring resource properties in Canada. The organization is focused on the Kena and Daylight Gold project which is in the Nelson area of British Columbia, Canada. Its projects also include the Manto Negro Copper Project. The company operates in Canada and Mexico.

Boundary Gold and Copper Mining (TSXV:BDGC.H) Headlines

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