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Warba Capital Holding Co (KUW:WARBACAP) Operating Income : KWD-0.29 Mil (TTM As of Jan. 2024)


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What is Warba Capital Holding Co Operating Income?

Warba Capital Holding Co's Operating Income for the three months ended in Jan. 2024 was KWD0.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was KWD-0.29 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Warba Capital Holding Co's Operating Income for the three months ended in Jan. 2024 was KWD0.00 Mil. Warba Capital Holding Co's Revenue for the three months ended in Jan. 2024 was KWD0.26 Mil. Therefore, Warba Capital Holding Co's Operating Margin % for the quarter that ended in Jan. 2024 was 0.00%.

Good Sign:

Warba Capital Holding Co operating margin is expanding. Margin expansion is usually a good sign.

Warba Capital Holding Co's 5-Year average Growth Rate for Operating Margin % was 57.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Warba Capital Holding Co's annualized ROC % for the quarter that ended in Jan. 2024 was 0.00%. Warba Capital Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 1.15%.


Warba Capital Holding Co Operating Income Historical Data

The historical data trend for Warba Capital Holding Co'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.

Warba Capital Holding Co Operating Income Chart

Warba Capital Holding Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.45 -0.38 -0.34 -0.32 -0.41

Warba Capital Holding Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.14 -0.08 -0.12 -0.09 -

Warba Capital Holding Co 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-0.29 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.


Warba Capital Holding Co  (KUW:WARBACAP) Operating Income Explanation

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

Warba Capital Holding Co's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=0 * ( 1 - 0% )/( (2.741 + 2.466)/ 2 )
=0/2.6035
=0.00 %

where

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

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

Warba Capital Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.028/( ( (2.453 + max(-0.356, 0)) + (2.416 + max(-0.397, 0)) )/ 2 )
=0.028/( ( 2.453 + 2.416 )/ 2 )
=0.028/2.4345
=1.15 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.023 + -0.001) - (0.378 + 0 + 0)
=-0.356

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.171 + 0.026 + 0) - (0.594 + 0 + 0)
=-0.397

When net working capital is negative, 0 is used.

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

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

Warba Capital Holding Co's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=0/0.26
=0.00 %

* 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.


Warba Capital Holding Co Operating Income Related Terms

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Warba Capital Holding Co (KUW:WARBACAP) Business Description

Traded in Other Exchanges
N/A
Address
Al Sharq, Khaled Bin Al-Waleed Street, P.O. Box 2383, 28th Floor, Al-Dhow Tower, Safat, Kuwait, KWT, 13024
Warba Capital Holding Co invests in industrial, utilities, services, and other related industries in addition to managing its liquidity requirements. The company's operating segment includes Investments and Manufacturing and trading. It generates maximum revenue from the Manufacturing and trading segment. Geographically, it operates only in Kuwait.

Warba Capital Holding Co (KUW:WARBACAP) Headlines

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