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National Tax Credit Partners LP (National Tax Credit Partners LP) Operating Margin % : 0.00% (As of Dec. 2012)


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What is National Tax Credit Partners LP Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. National Tax Credit Partners LP's Operating Income for the six months ended in Dec. 2012 was $-0.19 Mil. National Tax Credit Partners LP's Revenue for the six months ended in Dec. 2012 was $0.00 Mil. Therefore, National Tax Credit Partners LP's Operating Margin % for the quarter that ended in Dec. 2012 was 0.00%.

The historical rank and industry rank for National Tax Credit Partners LP's Operating Margin % or its related term are showing as below:


NTXCZ's Operating Margin % is not ranked *
in the Credit Services industry.
Industry Median: 17.84
* Ranked among companies with meaningful Operating Margin % only.

National Tax Credit Partners LP's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

National Tax Credit Partners LP's Operating Income for the six months ended in Dec. 2012 was $-0.19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2012 was $-0.19 Mil.

Warning Sign:

National Tax Credit Partners LP had operating loss over the past 0.75 years.


National Tax Credit Partners LP Operating Margin % Historical Data

The historical data trend for National Tax Credit Partners LP'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.

National Tax Credit Partners LP Operating Margin % Chart

National Tax Credit Partners LP Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Operating Margin %
Get a 7-Day Free Trial -280.39 -7,240.00 - - -

National Tax Credit Partners LP Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Operating Margin % Get a 7-Day Free Trial -280.39 -7,240.00 - - -

Competitive Comparison of National Tax Credit Partners LP's Operating Margin %

For the Credit Services subindustry, National Tax Credit Partners LP'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.


National Tax Credit Partners LP's Operating Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, National Tax Credit Partners LP's Operating Margin % distribution charts can be found below:

* The bar in red indicates where National Tax Credit Partners LP's Operating Margin % falls into.



National Tax Credit Partners LP 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.

National Tax Credit Partners LP's Operating Margin % for the fiscal year that ended in Dec. 2012 is calculated as

Operating Margin %=Operating Income (A: Dec. 2012 ) / Revenue (A: Dec. 2012 )
=-0.189 / 0
= %

National Tax Credit Partners LP's Operating Margin % for the quarter that ended in Dec. 2012 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2012 ) / Revenue (Q: Dec. 2012 )
=-0.189 / 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.


National Tax Credit Partners LP  (OTCPK:NTXCZ) 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.


National Tax Credit Partners LP Operating Margin % Related Terms

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National Tax Credit Partners LP (National Tax Credit Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Website
National Tax Credit Partners, L.P. is a limited partnership formed under the laws of the State of California on March 7, 1989. The Partnership was formed to invest primarily in other limited partnerships (the Local Partnerships) which own or lease and operate multifamily housing complexes that are eligible for low-income housing tax credits, or in certain cases, historic rehabilitation tax credits (Tax Credits). The general partner of the Partnership (the General Partner) is National Partnership Investments Corp. The Partnership holds limited partnership interests in twelve Local Partnerships, located in six states and Puerto Rico. The Local Partnerships own residential projects consisting of 682 apartment units.

National Tax Credit Partners LP (National Tax Credit Partners LP) Headlines

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