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Selectis Health (Selectis Health) Operating Income : $-0.82 Mil (TTM As of Mar. 2024)


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What is Selectis Health Operating Income?

Selectis Health's Operating Income for the three months ended in Mar. 2024 was $-0.70 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.82 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Selectis Health's Operating Income for the three months ended in Mar. 2024 was $-0.70 Mil. Selectis Health's Revenue for the three months ended in Mar. 2024 was $9.49 Mil. Therefore, Selectis Health's Operating Margin % for the quarter that ended in Mar. 2024 was -7.33%.

Selectis Health'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. Selectis Health's annualized ROC % for the quarter that ended in Mar. 2024 was -5.86%. Selectis Health's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4.80%.


Selectis Health Operating Income Historical Data

The historical data trend for Selectis Health'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.

* Premium members only.

Selectis Health Operating Income Chart

Selectis Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 3.58 -0.73 -0.29 -2.09

Selectis Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.97 -1.58 -2.41 3.87 -0.70

Selectis Health 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.82 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.


Selectis Health  (OTCPK:GBCS) Operating Income Explanation

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

Selectis Health's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-2.784 * ( 1 - 0% )/( (47.784 + 47.182)/ 2 )
=-2.784/47.483
=-5.86 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Selectis Health's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.616/( ( (33.818 + max(-2.604, 0)) + (33.511 + max(-3.386, 0)) )/ 2 )
=-1.616/( ( 33.818 + 33.511 )/ 2 )
=-1.616/33.6645
=-4.80 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.092 + 0 + 1.38) - (6.076 + 0 + 0)
=-2.604

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.826 + 0 + 1.11) - (6.322 + 0 + 0)
=-3.386

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Selectis Health's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.696/9.492
=-7.33 %

* 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.


Selectis Health Operating Income Related Terms

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Selectis Health (Selectis Health) Business Description

Traded in Other Exchanges
N/A
Address
8480 E. Orchard Road, Suite 4900, Greenwood Village, CO, USA, 80111
Selectis Health Inc owns and operates medical care facilities in the healthcare industry. It operates assisted living, independent living and skilled nursing facilities in Arkansas, Georgia, Ohio, and Oklahoma providing a wide array of living services, speech, occupational, physical therapies, social services, and other rehabilitation and healthcare services.
Executives
Lance Baller director 10173 BRIARGROVE WAY, HIGHLANDS RANCH CO 80126
David J. Furstenberg director 1226 WIND CHIME DR., WATERFORD MI 48327
Brandon Thall officer: CFO 8480 E. ORCHARD ROAD, STE. 4900, GREENWOOD VILLAGE CO 80111
Christopher R. Barker officer: President and COO 8480 E. ORCHARD ROAD, STE. 4900, GREENWOOD VILLAGE CO 80111
Neuman Clifford L Esq director, 10 percent owner 6800 NORTH 79TH STREET, SUITE # 200, NIWOT CO 80503
Downs John H Jr director PO BOX 723040, ATLANTA GA 30339
Andrew L Sink director P O BOX 531124, BIRMINGHAM AL 35253
Joshua Mandell director C/O GLOBAL HEALTHCARE REIT, INC., 8480 E. ORCHARD RD., STE. 4900, GREENWOOD VILLAGE CO 80111
Adam Desmond director PO BOX 2036, CARBONDALE CO 81623
Jacob Taylor officer: Secretary 6800 N. 79TH ST., STE. 200, NIWOT CO 80503
Sandra Lee Kuwica officer: Vice President of Finance C/O GLOBAL HEALTHCARE REIT, INC., 8480 E. ORCHARD RD., STE. 3600, GREENWOOD VILLAGE CO 80111
Steven Mark Bathgate director 5350 S ROSLYN, SUITE 380, ENGLEWOOD CO 80111
Philip S Scarborough officer: Chief Financial Officer 595 ATLANTA STREET, SUITE D, ROSWELL GA 30075
Christopher F Brogdon director, officer: President 2 BUCKHEAD PLAZA, 3050 PEACHTREE ROAD, SUITE 570, ATLANTA GA 30305
Brogdon Connie B other: spouse of Director/President 6000 LAKE FORREST DR, STE 200, ATLANTA GA 30328