TTCFQ (Tattooed Chef) Operating Income: $-111.3 Mil (TTM As of Mar. 2023)

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TTCFQ Tattooed Chef Inc TTCFQ
12 GF Score
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What is Tattooed Chef Operating Income?

Tattooed Chef TTCFQ -99.00% 12 Operating Income is $-111.3 Mil as of Mar. 2023. GuruFocus rates TTCFQ with a GF Score™ of 12/100.

Tattooed Chef's Operating Income for the three months ended in Mar. 2023 was $-18.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was $-111.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Tattooed Chef's Operating Income for the three months ended in Mar. 2023 was $-18.9 Mil. Tattooed Chef's Revenue for the three months ended in Mar. 2023 was $59.1 Mil. Therefore, Tattooed Chef's Operating Margin % for the quarter that ended in Mar. 2023 was -31.90%.

Tattooed Chef'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. Tattooed Chef's annualized ROC % for the quarter that ended in Mar. 2023 was -56.35%. Tattooed Chef's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -58.35%.


Tattooed Chef  (OTCPK:TTCFQ) Operating Income Explanation

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

Tattooed Chef's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=-75.412 * ( 1 - 0% )/( (138.135 + 129.502)/ 2 )
=-75.412/133.8185
=-56.35 %

where

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

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

Tattooed Chef's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-75.412/( ( (97.75 + max(37.718, 0)) + (95.36 + max(27.668, 0)) )/ 2 )
=-75.412/( ( 135.468 + 123.028 )/ 2 )
=-75.412/129.248
=-58.35 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.976 + 77.957 + 4.351) - (64.85 + 0 + 0.71600000000001)
=37.718

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.128 + 59.359 + 5.051) - (61.312 + 0 + 0.55800000000001)
=27.668

When net working capital is negative, 0 is used.

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

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

Tattooed Chef's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=-18.853/59.092
=-31.90 %

* 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.


Tattooed Chef Operating Income Related Terms


Tattooed Chef Operating Income Historical Data

* Premium members only.

The historical data trend for Tattooed Chef'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.

Tattooed Chef Operating Income Chart

Tattooed Chef Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Operating Income
6.61 -8.78 -37.04 -111.67

Tattooed Chef Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -19.27 -25.26 -35.47 -31.68 -18.85
TTCFQ
12GF Score
Tattooed Chef Inc TTCFQ
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Tattooed Chef 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-111.3 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 $-111.3 Mil mean?
Tattooed Chef (TTCFQ) has a Operating Income of $-111.3 Mil as of Mar. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Tattooed Chef and its competitors.
Is Tattooed Chef's Operating Income too high?
Tattooed Chef's current Operating Income is $-111.3 Mil. Overall, Tattooed Chef has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Tattooed Chef's Operating Income compare to KHC and GIS?
Tattooed Chef's Operating Income of $-111.3 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Tattooed Chef and its competitors. Tattooed Chef's current Operating Income is $-111.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tattooed Chef stock overvalued right now?
Tattooed Chef (TTCFQ) has a current Operating Income of $-111.3 Mil. The current Operating Income is $-111.3 Mil. Tattooed Chef's overall GF Score™ is 12/100. 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 Tattooed Chef (TTCFQ), the current Operating Income is $-111.3 Mil as of Mar. 2023. 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.

Tattooed Chef Business Description

Address 6305 Alondra Boulevard, Paramount, CA, USA, 90723
Tattooed Chef Inc is a plant-based food company offering a broad portfolio of frozen foods. The company supplies plant-based products to retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.
12GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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