Strata Power (Strata Power) Operating Income : $-0.04 Mil (TTM As of Dec. 2023)

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What is Strata Power Operating Income?

Strata Power's Operating Income for the six months ended in Dec. 2023 was $-0.04 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.04 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Strata Power's Operating Income for the six months ended in Dec. 2023 was $-0.04 Mil. Strata Power's Revenue for the six months ended in Dec. 2023 was $0.20 Mil. Therefore, Strata Power's Operating Margin % for the quarter that ended in Dec. 2023 was -17.59%.

Strata Power'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. Strata Power's annualized ROC % for the quarter that ended in Dec. 2023 was -28.34%. Strata Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

Strata Power Operating Income Historical Data

The historical data trend for Strata Power'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.

Strata Power Operating Income Chart

Strata Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Operating Income

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-0.27

-0.07

-0.08

0.19

-0.04

Strata Power Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Operating Income	Get a 7-Day Free Trial															-0.27	-0.07	-0.08	0.19	-0.04

Strata Power 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.04 Mil.

Strata Power (OTCPK:SPOWF) Operating Income Explanation

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

Strata Power's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-0.035 * ( 1 - 0% )	/	( (0.118	+	0.129)	/ 2 )
=	-0.035	/	0.1235
=	-28.34 %

where

	Invested Capital		(Q: Dec. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.236	-	0.05	-	( 0.081	-	max(0, 0.073	-	0.141	+	0.081	))
=	0.118

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.206	-	0.043	-	( 0.054	-	max(0, 0.068	-	0.102	+	0.054	))
=	0.129

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Strata Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.026	/	( ( (0 + max(-0.053, 0))	+	(0 + max(-0.052, 0)) )	/	2 )
=	-0.026	/	( ( 0	+	0 )	/	2 )
=	-0.026	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.011)	-	(0.05	+	0	+	0.014)
=	-0.053

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.007)	-	(0.043	+	0	+	0.016)
=	-0.052

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

Strata Power's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.035	/	0.199
	=	-17.59 %

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.

Strata Power Operating Income Related Terms

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Strata Power (Strata Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strata Power Corp (OTCPK:SPOWF) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 4th Ave. SW, Suite 2500, Calgary, AB, CAN, T2P 2V6

Website

http://www.strataoil.com

Strata Power Corp is engaged in the acquisition and exploration of oil and gas properties. The company operates in the oil and gas industry with a focus on Canada's heavy oil and carbonate-hosted bitumen deposits. It has oil sand properties located in the Peace River oil sands region in Northern Alberta, Canada. It also owns royalty interest in oil sands leases and owns non-producing wells.

Executives

Duncan Budge

director

4556 MARINEVIEW CRESCENT, NORTH VANCOUVER A1 V7R 3P2