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Monarca Minerals (TSXV:MMN) Operating Income : C$-0.56 Mil (TTM As of May. 2024)


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What is Monarca Minerals Operating Income?

Monarca Minerals's Operating Income for the three months ended in May. 2024 was C$-0.08 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2024 was C$-0.56 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Monarca Minerals's Operating Income for the three months ended in May. 2024 was C$-0.08 Mil. Monarca Minerals's Revenue for the three months ended in May. 2024 was C$0.00 Mil. Therefore, Monarca Minerals's Operating Margin % for the quarter that ended in May. 2024 was %.

Monarca Minerals'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. Monarca Minerals's annualized ROC % for the quarter that ended in May. 2024 was -23.35%. Monarca Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 was -5,200.00%.


Monarca Minerals Operating Income Historical Data

The historical data trend for Monarca Minerals'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.

Monarca Minerals Operating Income Chart

Monarca Minerals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.55 -1.40 -2.37 -0.95 -0.65

Monarca Minerals Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -0.13 -0.10 -0.27 -0.11 -0.08

Monarca Minerals 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.56 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.


Monarca Minerals  (TSXV:MMN) Operating Income Explanation

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

Monarca Minerals's annualized ROC % for the quarter that ended in May. 2024 is calculated as:

ROC % (Q: May. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2024 ) + Invested Capital (Q: May. 2024 ))/ count )
=-0.32 * ( 1 - 0% )/( (1.329 + 1.412)/ 2 )
=-0.32/1.3705
=-23.35 %

where

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

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

Monarca Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2024  Q: May. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.312/( ( (0.006 + max(-3.147, 0)) + (0.006 + max(-3.235, 0)) )/ 2 )
=-0.312/( ( 0.006 + 0.006 )/ 2 )
=-0.312/0.006
=-5,200.00 %

where Working Capital is:

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.019 + 0 + 0.007) - (3.174 + 0 + -0.0010000000000003)
=-3.147

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.017 + 0 + 0.017) - (3.269 + 0 + 0)
=-3.235

When net working capital is negative, 0 is used.

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

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

Monarca Minerals's Operating Margin % for the quarter that ended in May. 2024 is calculated as:

Operating Margin %=Operating Income (Q: May. 2024 )/Revenue (Q: May. 2024 )
=-0.08/0
= %

* 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.


Monarca Minerals Operating Income Related Terms

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Monarca Minerals Business Description

Traded in Other Exchanges
Address
18 King Street East Street, Suite 902, Toronto, ON, CAN, M5C 1C4
Monarca Minerals Inc is in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. Its project portfolio includes Tejamen, San Lucas, San Jose, and El Sol. The primary focus of new work at Tejamen consists of follow-up core drilling. Outcrop sampling identified two parallel gold-silver zones, known as the El Doctor zone (Noche Buena). Several small mines exist on the El Sol concession. It is a historical mining area since the 1600s and is in the Avino Mining District.
Executives
Carlos Enrique Espinosa Jove Director

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