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MMTC (Micro Imaging Technology) Operating Margin % : 0.00% (As of Jul. 2014)


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What is Micro Imaging Technology Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Micro Imaging Technology's Operating Income for the three months ended in Jul. 2014 was $-0.16 Mil. Micro Imaging Technology's Revenue for the three months ended in Jul. 2014 was $0.00 Mil. Therefore, Micro Imaging Technology's Operating Margin % for the quarter that ended in Jul. 2014 was 0.00%.

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


MMTC's Operating Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.74
* Ranked among companies with meaningful Operating Margin % only.

Micro Imaging Technology's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Micro Imaging Technology's Operating Income for the three months ended in Jul. 2014 was $-0.16 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jul. 2014 was $-0.95 Mil.


Micro Imaging Technology Operating Margin % Historical Data

The historical data trend for Micro Imaging Technology'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.

Micro Imaging Technology Operating Margin % Chart

Micro Imaging Technology Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16,133.33 - - - -

Micro Imaging Technology Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14
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 - - - - -

Competitive Comparison of Micro Imaging Technology's Operating Margin %

For the Medical Devices subindustry, Micro Imaging Technology'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.


Micro Imaging Technology's Operating Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micro Imaging Technology's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Micro Imaging Technology's Operating Margin % falls into.



Micro Imaging Technology 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.

Micro Imaging Technology's Operating Margin % for the fiscal year that ended in Oct. 2013 is calculated as

Operating Margin %=Operating Income (A: Oct. 2013 ) / Revenue (A: Oct. 2013 )
=-0.978 / 0
= %

Micro Imaging Technology's Operating Margin % for the quarter that ended in Jul. 2014 is calculated as

Operating Margin %=Operating Income (Q: Jul. 2014 ) / Revenue (Q: Jul. 2014 )
=-0.155 / 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.


Micro Imaging Technology  (OTCPK:MMTC) 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.


Micro Imaging Technology Operating Margin % Related Terms

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Micro Imaging Technology Business Description

Traded in Other Exchanges
N/A
Address
970 Calle Amanecer, Suite F, San Clemente, CA, USA, 92673
Micro Imaging Technology Inc (MIT) is an engaged in developing and manufacturing of laser-based microbial identification system. The device uses the principles of light scattering to discriminate various bacteria cells that are suspended in filtered water. Its MIT 1000 product features 35 photodetectors that surround the sample vial and collect light scattering intensities that are generated when a cell intersects the laser beam.
Executives
Anthony M Frank other: 5% owner

Micro Imaging Technology Headlines

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