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Coelacanth Energy (TSXV:CEI) Operating Income : C$-9.27 Mil (TTM As of Dec. 2023)


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What is Coelacanth Energy Operating Income?

Coelacanth Energy's Operating Income for the three months ended in Dec. 2023 was C$-1.75 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was C$-9.27 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Coelacanth Energy's Operating Income for the three months ended in Dec. 2023 was C$-1.75 Mil. Coelacanth Energy's Revenue for the three months ended in Dec. 2023 was C$4.20 Mil. Therefore, Coelacanth Energy's Operating Margin % for the quarter that ended in Dec. 2023 was -41.72%.

Coelacanth Energy'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. Coelacanth Energy's annualized ROC % for the quarter that ended in Dec. 2023 was -6.63%. Coelacanth Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.71%.


Coelacanth Energy Operating Income Historical Data

The historical data trend for Coelacanth Energy'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.

Coelacanth Energy Operating Income Chart

Coelacanth Energy Annual Data
Trend Dec21 Dec22 Dec23
Operating Income
-7.82 -13.17 -9.27

Coelacanth Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.81 -2.42 -2.72 -2.38 -1.75

Coelacanth Energy 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-9.27 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.


Coelacanth Energy  (TSXV:CEI) Operating Income Explanation

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

Coelacanth Energy's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-7.016 * ( 1 - 0% )/( (87.883 + 123.756)/ 2 )
=-7.016/105.8195
=-6.63 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Coelacanth Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.616/( ( (80.115 + max(-19.859, 0)) + (114.594 + max(-23.271, 0)) )/ 2 )
=-3.616/( ( 80.115 + 114.594 )/ 2 )
=-3.616/97.3545
=-3.71 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.34 + 0 + 1.007) - (21.644 + 0 + 0.562)
=-19.859

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.139 + 0 + 0.90900000000001) - (26.376 + 0 + 1.943)
=-23.271

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Coelacanth Energy's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-1.754/4.204
=-41.72 %

* 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.


Coelacanth Energy Operating Income Related Terms

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Coelacanth Energy (TSXV:CEI) Business Description

Traded in Other Exchanges
Address
530-8th Avenue SW, Suite 2110, Calgary, AB, CAN, T2P 3S8
Coelacanth Energy Inc is a Montney-focused oil and natural gas exploration and development company, actively engaged in the acquisition ,development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada with lands located in the Two Rivers area of northeastern British Columbia. Coelacanth owns approximately 140 (net) sections of Montney acreage in the Two Rivers and surrounding area and has identified approximately 8.9 billion bbls of Original Oil in Place (OOIP) and 8.6 tcf of Original Gas in Place across these lands.
Executives
Nolan Gregory Chicoine Senior Officer
Peter James Roy Cochrane Senior Officer
Jody Denis Senior Officer
Harvey Doerr Director
John Nandor Fur Senior Officer
William Lancaster Director
Tom Medvedic Director
Robert John Zakresky Senior Officer