Blue Shark Power System (XPAR:MLBSP) Operating Income: € Mil (TTM As of Dec. 2017)

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What is Blue Shark Power System Operating Income?

Blue Shark Power System XPAR:MLBSP Operating Income is € Mil as of Dec. 2017.

Blue Shark Power System's Operating Income for the six months ended in Dec. 2017 was €0.04 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Blue Shark Power System's Operating Income for the six months ended in Dec. 2017 was €0.04 Mil. Blue Shark Power System's Revenue for the six months ended in Dec. 2017 was €0.13 Mil. Therefore, Blue Shark Power System's Operating Margin % for the quarter that ended in Dec. 2017 was 26.92%.

Blue Shark Power System'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. Blue Shark Power System's annualized ROC % for the quarter that ended in Dec. 2017 was 4.33%. Blue Shark Power System's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was 8.94%.

Blue Shark Power System  (XPAR:MLBSP) Operating Income Explanation

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

Blue Shark Power System's annualized ROC % for the quarter that ended in Dec. 2017 is calculated as:

ROC % (Q: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Dec. 2017 ))/ count )
=0.035 * ( 1 - 0% )/( (0.782 + 0.834)/ 2 )
=0.035/0.808
=4.33 %

where

Invested Capital(Q: Dec. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.838 - 0.014 - ( 0.042 - max(0, 0.014 - 0.831+0.042))
=0.782

Invested Capital(Q: Dec. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.891 - 0.032 - ( 0.025 - max(0, 0.032 - 0.166+0.025))
=0.834

Note: The Operating Income data used here is one times the annual (Dec. 2017) data.

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

Blue Shark Power System's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2016  Q: Dec. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.035/( ( (0.002 + max(0.737, 0)) + (0.001 + max(0.043, 0)) )/ 2 )
=0.035/( ( 0.739 + 0.044 )/ 2 )
=0.035/0.3915
=8.94 %

where Working Capital is:

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.033 + 0.718) - (0.014 + 0 + 0)
=0.737

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.073 + 0.002) - (0.032 + 0 + 0)
=0.043

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2017) EBIT data.

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

Blue Shark Power System's Operating Margin % for the quarter that ended in Dec. 2017 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2017 )/Revenue (Q: Dec. 2017 )
=0.035/0.13
=26.92 %

* 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.

Blue Shark Power System Operating Income Related Terms

Blue Shark Power System Operating Income Historical Data

* Premium members only.

The historical data trend for Blue Shark Power System'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.

Blue Shark Power System Operating Income Chart

Blue Shark Power System Annual Data
Trend Dec15 Dec16 Dec17
Operating Income
-0.10 -0.10 0.04

Blue Shark Power System Semi-Annual Data
Dec15 Dec16 Dec17
Operating Income -0.10 -0.10 0.04

Blue Shark Power System 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2017 was € 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 € Mil mean?
Blue Shark Power System (XPAR:MLBSP) has a Operating Income of € Mil as of Dec. 2017. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Blue Shark Power System and its competitors.
Is Blue Shark Power System's Operating Income too high?
Blue Shark Power System's current Operating Income is € Mil.
How does Blue Shark Power System's Operating Income compare to ?
Blue Shark Power System's Operating Income of € Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Operating Income depends on the Utilities - Independent Power Producers 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 Blue Shark Power System and its competitors. Blue Shark Power System's current Operating Income is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Shark Power System stock overvalued right now?
Blue Shark Power System (XPAR:MLBSP) has a current Operating Income of € Mil. The current Operating Income is € 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 Blue Shark Power System (XPAR:MLBSP), the current Operating Income is € Mil as of Dec. 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.

Blue Shark Power System Business Description

Comparable Companies
Address 5 Allee de Tourny, Bordeaux, FRA, FR-33000
Blue Shark Power System SA is a hydro kinetic turbine designed to produce clean energy exploiting slow-moving flows of water, as large river, tidal or water currents. The company is able to harvest energy with rated power of approximatey 250-1000 kW according to the speed of the water current on a choosing site.