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Baltic Trading (FRA:L8B) Operating Margin % : -584.64% (As of Mar. 2015)


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What is Baltic Trading Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Baltic Trading's Operating Income for the three months ended in Mar. 2015 was €-37.34 Mil. Baltic Trading's Revenue for the three months ended in Mar. 2015 was €6.39 Mil. Therefore, Baltic Trading's Operating Margin % for the quarter that ended in Mar. 2015 was -584.64%.

The historical rank and industry rank for Baltic Trading's Operating Margin % or its related term are showing as below:


FRA:L8B's Operating Margin % is not ranked *
in the Transportation industry.
Industry Median: 7.44
* Ranked among companies with meaningful Operating Margin % only.

Baltic Trading's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Baltic Trading's Operating Income for the three months ended in Mar. 2015 was €-37.34 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was €-46.88 Mil.


Baltic Trading Operating Margin % Historical Data

The historical data trend for Baltic Trading's Operating Margin % 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.

Baltic Trading Operating Margin % Chart

Baltic Trading Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Operating Margin %
Get a 7-Day Free Trial 31.78 9.31 -47.49 -19.21 -31.49

Baltic Trading Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Operating Margin % 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 -15.29 -39.32 -40.41 -34.81 -584.64

Competitive Comparison of Baltic Trading's Operating Margin %

For the Marine Shipping subindustry, Baltic Trading's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Baltic Trading's Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Baltic Trading's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Baltic Trading's Operating Margin % falls into.



Baltic Trading Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Baltic Trading's Operating Margin % for the fiscal year that ended in Dec. 2014 is calculated as

Operating Margin %=Operating Income (A: Dec. 2014 ) / Revenue (A: Dec. 2014 )
=-11.627 / 36.917
=-31.49 %

Baltic Trading's Operating Margin % for the quarter that ended in Mar. 2015 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2015 ) / Revenue (Q: Mar. 2015 )
=-37.335 / 6.386
=-584.64 %

* 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.


Baltic Trading  (FRA:L8B) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


Baltic Trading Operating Margin % Related Terms

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Baltic Trading (FRA:L8B) Business Description

Traded in Other Exchanges
N/A
Address
Baltic Trading Ltd is a New York City-based company incorporated in October 2009 in the Marshall Islands to conduct shipping business focused on the drybulk industry spot market. The Company's fleet currently consists of four Capesize vessels, four Supramax vessels and five Handysize vessels with an aggregate carrying capacity of approximately 1,095,000 deadweight tons. Its fleet contains five groups of sister ships, which are vessels of virtually identical sizes and specifications. It operates a fleet of drybulk ships that transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. It plans to operate all of its vessels in the spot market, on spot market-related time charters, or in vessel pools trading in the spot market. Its customers include national, regional and international companies, including Cargill International S.A. ('Cargill'), Klaveness Chartering ('Klaveness'), Resource Marine PTE Ltd. (part of the Macquarie group of Companies) ('Resource Marine'), and Swissmarine Services S.A. ('Swissmarine'). The Company competes with other owners of drybulk carriers in the Capesize, Supramax and Handysize class sectors, some of whom may also charter its vessels as customers. The Company is subject to international conventions and treaties, national, state and local laws and regulations in force in the countries in which its vessels may operate or are atregistered relating to safety and health and environmental protection including the storage, handling, emission, transportation and discharge of hazardous and non-hazardous merials, and the remediation of contamination and liability for damage to natural resources.

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